E
Elegen
Elegen is a biotechnology company that develops microfluidic technology
About Elegen
Elegen Corporation is a cutting-edge startup operating in the synthetic biology sector, focusing on revolutionizing the DNA manufacturing process. The company aims to address the growing demands of the bioeconomy by providing innovative solutions that streamline and enhance the production of synthetic DNA. Elegen's primary clients include researchers, biotech companies, and pharmaceutical firms that require high-quality, complex, and long synthetic DNA for various applications such as biomanufacturing, therapeutics, and mRNA-based treatments.
Elegen operates in the synthetic biology market, which is a rapidly growing field that combines biology and engineering to design and construct new biological parts, devices, and systems. The company leverages advanced technologies and methods to offer fast turnaround times and high accuracy in DNA synthesis, which are critical for its clients' research and development efforts.
The business model of Elegen is centered around providing custom DNA synthesis services. They generate revenue by offering these services to clients who need precise and reliable synthetic DNA for their projects. Additionally, Elegen has an Early Access Program that allows a select group of innovators to gain early access to their latest DNA breakthroughs, creating an additional revenue stream and fostering strong client relationships.
Elegen's innovative approach not only reduces the time and cost associated with traditional DNA manufacturing workflows but also enables the production of valuable small molecules, therapeutically relevant biologics, antibodies, and cytokines. This positions Elegen as a key player in the synthetic biology and biomanufacturing industries, helping to drive forward the next wave of mRNA medicines and other advanced therapeutics.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Carlos, United States
- Employees
- 73
- Open positions
- None listed
- Dealroom signal
- 60.4/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, DNA, Genetics and genomics, Synthetic Biology, Tech for Biotech and Pharma, Biotech and Pharma, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2024 | $35M | $140M | Andreessen Horowitz · ACVC Ventures · John Ballantyne · Triatomic Capital | ↗ |
| SEEDEquity / VC | Jul 2020 | $0 | — | Alix Ventures | — |
Growth signals
Latest recorded traffic for Elegen is 6.6K monthly website visits, up 43.5% over the last three months. Elegen's team declined 15.1% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Alix Ventures
Series A10 investors entered at this stage
Triatomic Capital
Andreessen Horowitz
ACVC Ventures
John Ballantyne
AME Cloud Ventures
GSK
Agilent
Digitalis Ventures
8VC
KdT Ventures
Other known investors3 additional known investors
Chas Pulido
Sahsen Ventures
Small Business Innovation Research
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Elegen 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
See Elegen’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







