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Evelo Biosciences (Formerly Evelo Therapeutics, VL28)
Development of monoclonal microbials
About Evelo Biosciences (Formerly Evelo Therapeutics, VL28)
Evelo Biosciences is at the forefront of developing innovative therapies that modulate the systemic immune response by targeting the gut-body network. The company focuses on creating monoclonal microbials, which are single strains of microbes selected for their specific pharmacological properties. These therapies aim to treat a wide range of diseases, including inflammatory diseases, cancer, autoimmune disorders, metabolic conditions, and neurobehavioral and neuroinflammatory diseases.
Evelo's primary clients include patients suffering from chronic diseases and cancer. The company operates in the biotechnology and pharmaceutical market, leveraging its integrated platform to develop oral biologics. This platform harnesses the central role that cells in the small intestine play in governing immune, metabolic, and neurological systems. The efficiency of this platform has enabled Evelo to produce product candidates for various inflammatory diseases and cancer in a relatively short period.
Evelo's business model revolves around the research, development, and commercialization of these innovative therapies. The company generates revenue through the sale of its product candidates, partnerships, and collaborations with other biotech firms and healthcare institutions.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2015
- Headquarters
- Cambridge, United States
- Listing
- IPO 2018
- Sector
- Biotech & Life Sciences
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Flagship Pioneering
GV
Mayo Clinic Business Development
Celgene
Mayo Clinic
Alexandria Venture Investments
Series B and later2 investors entered at this stage
K2 HealthVentures
Horizon Technology Finance Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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