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ECM Therapeutics
Restoring health and functional tissues with extracellular matrix-based signaling molecules
About ECM Therapeutics
ECM Therapeutics, Inc. is a regenerative medicine company focused on developing and manufacturing therapeutic products derived from extracellular matrix (ECM). Founded in 2018 by Dr. Stephen Badylak and Katie Collins, the company is built upon decades of research from Dr. Badylak's world-renowned laboratory at the McGowan Institute for Regenerative Medicine at the University of Pittsburgh. Dr. Badylak, a Doctor of Veterinary Medicine, PhD, and medical doctor, is a prominent figure in regenerative medicine, holding over 60 U.S. patents and having his foundational work lead to over 100 FDA-approved products used in more than 10 million patients. Co-founder Katie Collins brought business development and marketing expertise from the biotechnology sector to the company's inception.
The company's core business revolves around leveraging the body's own signaling mechanisms to heal and restore tissue. ECM is the natural scaffold that provides structural and biochemical support to surrounding cells; the company has translated this into medical products that can modulate inflammation and promote functional tissue restoration instead of scar tissue formation. The business model is centered on obtaining worldwide exclusive rights to an extensive patent portfolio from the University of Pittsburgh to develop and commercialize these ECM technologies for various clinical markets. The company has raised significant capital, including a round of $26.1 million, to advance its product pipeline.
ECM Therapeutics has developed two platform technologies: ECM Hydrogel for tissue regeneration and Matrix-bound Nanovesicles (MBVs) for immunomodulation. The company's initial focus is on its patented ECM hydrogel technology, which allows for less invasive application compared to solid ECM scaffolds. Their lead product, EsophaGel™, is designed to treat Barrett's esophagus, a precancerous condition resulting from chronic gastric reflux that currently lacks an effective therapy. This hydrogel adheres to the esophageal surface and, in pre-clinical studies, has demonstrated the potential to halt or even reverse the progression toward esophageal cancer. Beyond the esophagus, the company received FDA Investigational Device Exemption (IDE) approval in May 2025 to begin a U.S. feasibility study for ECMT-100, a hydrogel for the treatment of anorectal fistulas. This marks a critical step in translating the extensive ECM science into treatments for complex colorectal conditions, with a broader pipeline that includes programs for muscle regeneration and optic nerve repair.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Marshall Township, United States
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 58.9/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Cardiology and cardiovascular, Spinout, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Oct 2025 | $35M | $140M | Undisclosed | ↗ |
| EARLY VCOther financing | Sep 2022 | $20M | $80M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for ECM Therapeutics is 1.8K monthly website visits, down 25% over the last three months. ECM Therapeutics's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors1 additional known investor
University of Pittsburgh
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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