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Annexon Biosciences

Biotech & Life Sciences · San Francisco, United States · Founded 2011 · IPO 2020

Biotech company, discovering and developing novel therapeutics for neurodegenerative and autoimmune disorders MoreLess

Annexon Biosciences is a clinical-stage biopharmaceutical company focused on developing innovative therapies for autoimmune and neurodegenerative diseases, including eye-related conditions. The company operates in the biopharmaceutical market, targeting diseases such as Alzheimer's, Huntington's, and glaucoma.

Annexon's unique approach centers on the classical complement pathway, a part of the immune system that, when improperly activated, can lead to tissue damage. Their primary focus is on inhibiting C1q, the molecule that initiates this pathway. By blocking C1q, Annexon aims to prevent the cascade of events that cause disease progression, effectively "stopping the start" of these conditions.

The company's business model involves extensive research and development (R&D) to create these novel therapies. They conduct clinical trials to test the safety and effectiveness of their treatments. Once a therapy proves successful, Annexon can either bring it to market themselves or partner with larger pharmaceutical companies to distribute it. This model allows them to generate revenue through product sales, licensing agreements, and milestone payments from partners.

Annexon's clients primarily include patients suffering from autoimmune and neurodegenerative diseases, healthcare providers, and larger pharmaceutical companies looking for innovative treatments to add to their portfolios. The company recently secured $100 million in financing to advance its pipeline of therapies, highlighting strong investor confidence in their approach and potential.

In summary, Annexon Biosciences is at the forefront of developing first-in-class therapies targeting the classical complement pathway to treat a range of serious diseases. Their innovative approach and strong financial backing position them well in the competitive biopharmaceutical market.

Keywords: biopharmaceutical, autoimmune, neurodegenerative, therapies, C1q inhibitor, classical complement pathway, Alzheimer's, Huntington's, glaucoma, clinical trials.

Valuation $636M
Total funding $100–500M

Company overview

Annexon Biosciences company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2011
Headquarters
San Francisco, United States
Employees
116
Open positions
4
Dealroom signal
34.4
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorOphthalmologysectorNeurologysectorAutoimmunesectorEye DiseasessectorDegenerative DiseasessectorHealth DiagnosticssectorSpinoutsectorBiotech and Pharma

Valuation & funding

Annexon Biosciences funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Nov 2025 $75M Undisclosed
POST IPO EQUITYOther financing Jun 2024 $125M Undisclosed
POST IPO EQUITYOther financing Dec 2023 $125M Undisclosed
PRIVATE PLACEMENT VCOther financing Jul 2022 $130M Undisclosed
IPOOther financing Jul 2020 $0 Undisclosed
SERIES COther financing Jul 2020 Bain Capital · Farallon Capital Management · NEA · Adage Capital
SERIES COther financing Dec 2018 Blackstone · NEA · Citadel · Satter Investment Management
SERIES BOther financing Jun 2016 NEA · Correlation Ventures · Clarus Ventures · Novartis Venture Fund
SERIES AOther financing Dec 2014 Clarus Ventures · Novartis Venture Fund
SEEDOther financing Aug 2011 Undisclosed
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMargin
2026 $0 −$214M
2025 $0 −$214M
2024 $0 −$151M
2023 $0 −$142M
2022 $0 −$146M
2021 $0 −$131M
2020 $0 −$63M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Annexon Biosciences website traffic

Latest recorded traffic for Annexon Biosciences is 4.9K monthly website visits, down 41.7% over the last three months. Annexon Biosciences's team declined 2.5% over the past year.

Latest monthly visits4.9K 3-month web change-41.7% 1-year team growth-2.5%
Monthly website visits99 observations · Feb 2018–Jul 2026
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Comparisons

Annexon Biosciences compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Annexon Biosciences's talent

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Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

18 investors on Annexon Biosciences's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Novartis Venture Fund
Clarus Ventures
NEA
Correlation Ventures
Series B+ 13 investors entered at this stage
Bain Capital Life Sciences
Blackstone
Citadel
Satter Investment Management
Bain Capital
Adage Capital
Redmile Group
Farallon Capital Management
Deerfield
Logos Capital
BlackRock
Eventide Asset Management
Janus Henderson Investors
Other known 1 additional known investor
Stanford University

Global footprint

Where Annexon Biosciences has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States97.9%
🇵🇭 Philippines1%
🇫🇷 France1%
3 countries shown

In the news

Latest news about Annexon Biosciences

Recent press, funding announcements, and product moves mentioning Annexon Biosciences — open to read from the original sources.

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Market sentiment

What the market is saying about Annexon Biosciences

An AI-synthesized read of the highest-engagement posts about Annexon Biosciences on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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