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VitriVax

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VitriVax: Eliminating barriers to global vaccination

Boulder, United StatesFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for VitriVax and the history behind them.

About VitriVax

VitriVax, a biotechnology firm established in 2014, is focused on resolving critical challenges in vaccine distribution and administration through its formulation technology. The company originated from a collaborative effort at the University of Colorado, Boulder, between Dr. Robert Garcea and Dr. Theodore Randolph, who combined their distinct expertise to create the company's core technology. Dr. Garcea brings an extensive background in medicine, virology, and pediatrics from institutions like Harvard and Stanford, with his research focusing on the structure of small DNA viruses. Complementing this is Dr. Randolph, a professor in Chemical and Biological Engineering with deep knowledge in protein stabilization and pharmaceutical biotechnology.

The company's central offering is the Atomic Layering Thermostable Antigen and Adjuvant (ALTA®) platform. This technology addresses two major logistical hurdles in global health: the need for a constant cold chain and multi-dose injection schedules. The ALTA® platform makes vaccines thermostable, capable of withstanding temperatures up to 70°C (158°F) for extended periods, which eliminates the necessity for refrigeration. This is achieved by using a spray-drying process that encases vaccine antigens in a protective sugar-glass matrix. Furthermore, the platform enables single-shot administration of multi-dose vaccines. It employs atomic layer deposition (ALD) to apply nanometer-thick coatings to the vaccine particles, which allows for a timed release of subsequent doses up to six months after the initial injection.

VitriVax operates on a business-to-business model, partnering with pharmaceutical companies and vaccine developers in both human and animal health sectors. Its revenue is generated through licensing agreements for the ALTA® platform, which include upfront payments, milestone fees, and per-dose royalties. The company also provides services such as consulting and training. VitriVax has secured significant funding through multiple rounds, including grants from the Bill & Melinda Gates Foundation, the Coalition for Epidemic Preparedness Innovations (CEPI), and the U.S. Department of Defense, in addition to a Series A financing round led by Adjuvant Capital. These funds support the advancement of various vaccine projects, including those for polio, rabies, and other infectious diseases.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Boulder, United States
Employees
55
Open positions
1
Dealroom signal
44.7/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Oct 2025 $17M $69M RA Capital Management · Adjuvant Capital ↗
GRANT✓Other financing Oct 2025 $9.9M — Bill & Melinda Gates Foundation ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

VitriVax website traffic

Latest recorded traffic for VitriVax is 2.1K monthly website visits, up 191.7% over the last three months. VitriVax's team grew 10% over the past year.

Latest monthly visits2.1K 3-month web change+191.7% 1-year team growth+10%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

6 investors on the cap table

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

Seed2 investors entered at this stage

  • Colorado Office of Economic Development and International Trade
  • Bill & Melinda Gates Foundation

Series A2 investors entered at this stage

Other known investors2 additional known investors

  • University of Colorado Boulder
  • Carolina Angel Network
Team profiled 7 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.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.8%
🇫🇷 France2.2%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about VitriVax 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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