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FORMATION BIO
Formation Bio
Biotechnology / Drug discovery · New York, New York · United States · Founded · 2016 · ≈ · 201 · employees

Formation Bio Company Profile

Private

Formation Bio, headquartered in United States, remains privately held in the biotechnology / drug discovery space. Investors last valued the company at $1.7B. No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Formation Bio at a glance
Last valuation
$1.7B
POST-MONEY · JUN 2024
Raised across rounds
$372M
1 round
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Formation Bio valuation history

1 valuation. The latest, $1.7B post-money, was set by the Series D in Jun 2024.

Latest valuation
$1.7Bpost-money
Set by the Series D · 1 Jun 2024
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series D · $372M raised
Funding history

Formation Bio funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series D
Jun 2024
$372M
$1.7B
a16z
—
Formation Bio · investors

Investors

a16zLEADSSanofiSSequoiaThriveEEmerson CollectiveSSV Angel GrowthFFPV Ventures
Will Formation Bio IPO?
Founded
2016
Jun 2024
Series D · $1.7B
IPO
Not announced
No filing has been made.
Formation Bio — the private market
Last valuation$1.7B · post-money · Jun 2024
Total raised$372M
Lead investors
a16z
IPO statusNot announced
Founded · HQ2016 · New York, New York · United States
Employees≈ 201
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Formation Bio

Formation Bio in-licenses and acquires clinical-stage drug candidates from pharmaceutical companies, universities and biotech firms, then develops them faster and more efficiently using its own tech-driven, AI-native drug development platform. The company aims to reach value inflection points in a drug's life cycle earlier than industry norms. Formation Bio is based in the United States and was founded in 2016 by CEO Ben Liu, a former Oxford Rhodes Scholar, alongside co-founder Linhao Zhang.

Formation Bio's customers are the pharma and biotech companies handing off already-tested clinical-stage assets for faster development and clinical execution. OpenAI CEO Sam Altman is among the investors who have backed this approach to combining pharma and tech talent.

The money screen · ranked by accessibility

How to get Formation Bio exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Formation Bio.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Formation Bio availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Formation Bio included.

No account needed

Formation Bio stock — frequently asked questions

Who has invested in Formation Bio?›

Lead investors for each round are in the funding timeline.

Who are Formation Bio's competitors?›

The closest biotechnology / drug discovery peers are on the competitors page.

How can I get exposure to Formation Bio?›

The routes section explains what is realistically available for a company at this stage.

Is Formation Bio publicly traded?›

No. Formation Bio is a private company; its shares do not trade on a public exchange.

What is Formation Bio's valuation?›

The last valuation is $1.7B.

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