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Icosavax

Biotech & Life Sciences · Seattle, United States · Founded 2018 · IPO 2021

Developing safe and effective vaccines against infectious diseases that cause severe, life-threatening respiratory illnesses MoreLess

Icosavax, founded in 2017, is a clinical-stage biotechnology company focused on developing vaccines to protect vulnerable older adults from severe respiratory infections. The company leverages a novel approach using virus-like particles (VLPs) that mimic the structure of viruses to elicit a stronger immune response. Icosavax operates in the biotechnology and healthcare market, primarily serving older adults who are at higher risk for respiratory diseases. The company's business model involves the discovery, development, and commercialization of VLP-based vaccines. Revenue is generated through partnerships, licensing agreements, and eventual vaccine sales. As a member of the AstraZeneca Group, Icosavax benefits from extensive resources and expertise in the pharmaceutical industry.

Keywords: VLP-based vaccines, respiratory infections, older adults, biotechnology, healthcare, immune response, clinical-stage, AstraZeneca, vaccine development, infectious diseases.

Valuation $778M
Revenue $1.0M
Total funding $100–500M

Company overview

Icosavax company information

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

Status
Acquired
Founded
2018
Headquarters
Seattle, United States
Employees
29
Open positions
None listed
Dealroom signal
62.5
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorVaccinessectorSpinoutsectorBiotech and PharmasectorDT and LSsectorscience-based

Valuation & funding

Icosavax funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2023 $1.1B $1.1B AstraZeneca
POST IPO EQUITYOther financing May 2023 $68M Vivo Capital · TCGX · Logos Capital
IPOOther financing Jul 2021 $0 Undisclosed
SERIES BOther financing Apr 2021 $100M $400M Adams Street Partners · Citadel · Cormorant Asset Management · Qiming Venture Partners USA
GRANTOther financing Oct 2020 $17M Bill & Melinda Gates Foundation · Open Philanthropy Project
SERIES AOther financing Oct 2019 Qiming Venture Partners USA
SPINOUTOther financing Jan 2018 University of Washington · University of Washington Institute for Protein Design
SEEDOther financing Jan 2018 Undisclosed
Showing 8 recorded eventsUnlock the complete deal history →

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 $1M 0% −$95M -9505.8%
2025 $1M -33.3% −$95M -9505.8%
2024 $1.5M +200% −$95M -6337.2%
2023 $500K −$95M -19011.6%
2022 $0 −$95M
2021 $0 −$65M
2020 $0 −$19M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Icosavax website traffic

Latest recorded traffic for Icosavax is 770 monthly website visits, down 45% over the last three months. Icosavax's team grew 0% over the past year.

Latest monthly visits770 3-month web change-45% 1-year team growth0%
Monthly website visits50 observations · Oct 2020–Jan 2025
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Comparisons

Icosavax 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

Icosavax's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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

19 investors on Icosavax's cap table

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

Seed 2 investors entered at this stage
Bill & Melinda Gates Foundation
Open Philanthropy Project
Series A 11 investors entered at this stage
Qiming Venture Partners USA
RA Capital Management
Adams Street Partners
Citadel
Cormorant Asset Management
+ND Capital
Omega Funds
Viking Global Investors
Janus Henderson Investors
Sanofi Ventures
Perceptive Advisors
Series B+ 3 investors entered at this stage
Vivo Capital
TCGX
Logos Capital
Other known 3 additional known investors
AstraZeneca
University of Washington
University of Washington Institute for Protein Design

Global footprint

Where Icosavax has talent and traffic

Workforce by country
🇺🇸 United States · Seattle HQ
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In the news

Latest news about Icosavax

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

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Market sentiment

What the market is saying about Icosavax

An AI-synthesized read of the highest-engagement posts about Icosavax 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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