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Avitide

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Avitide | Affinity Purification Solutions

Lebanon, United StatesFounded 2012Biotech & Life Sciences
Valuation $100–250M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Avitide

Avitide operates as a specialized business within Repligen, focusing on the discovery, development, and manufacturing of affinity purification solutions for the biopharmaceutical sector. The company was founded in 2013 by Tillman Gerngross, a Dartmouth engineering professor, along with his former graduate student Kevin Isett and postdoctoral researcher Warren Kett. The concept for Avitide originated from research at Dartmouth College, where the founders identified a critical need for a more efficient and reliable method to purify biologic drugs. Kevin Isett, who became the CEO, brought over a decade of experience from Merck in biologics, vaccines, and bioprocess R&D, having seen firsthand the manufacturing challenges related to drug purity. Warren Kett, the Chief Scientific Officer, was a senior research fellow at Dartmouth's Thayer School of Engineering and had previously co-founded Glycan Biosciences.

The company's business model is centered on providing custom and catalog biopharmaceutical affinity purification products. Avitide serves biopharmaceutical manufacturers and contract development and manufacturing organizations (CDMOs), helping them accelerate development timelines and improve process economics. Revenue is generated through the sale of its proprietary AVIPure™ affinity resins and related services. A significant milestone in the company's history was its acquisition by Repligen Corporation in September 2021 for approximately $150 million in cash and stock. This acquisition was a strategic move for Repligen to strengthen its Proteins business and expand its capabilities into affinity solutions for the rapidly growing gene therapy market.

Avitide's core offering is its AVIPure™ portfolio of affinity ligands, which are designed for the precise separation of biological molecules. The technology enables the rapid development of highly selective chromatography resins, which are crucial for purifying a wide array of biologics such as enzymes, antibodies, vaccines, and gene therapy vectors. A key selling point is the company's industry-leading service timeline, promising a three-month turnaround from concept to resin delivery. This speed allows clients to de-risk their commercial manufacturing plans and reduce costs associated with process development. The firm's manufacturing operations are ISO 9001:2015 certified, ensuring quality and reliability for its clients in a highly regulated industry.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Lebanon, United States
Employees
26
Open positions
None listed
Dealroom signal
64.8/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Pharmaceutical, Techbio, Hard Tech, biomanufacturing, DT and LS, science-based

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Sep 2021 $150M $150M Repligen —
EARLY VCEquity / VC Oct 2019 $10M $40M Undisclosed —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Avitide website traffic

Latest recorded traffic for Avitide is 580 monthly website visits, up 11.5% over the last three months. Avitide's team declined 13.3% over the past year.

Latest monthly visits580 3-month web change+11.5% 1-year team growth-13.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later4 investors entered at this stage

  • NeoMed
  • N5 Capital
  • Mithril
  • Sands Capital Management

Other known investors3 additional known investors

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Avitide on X, ranked by likes and reposts, corporate channels excluded.

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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