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Formation Bio

Formation Bio

Private
New York City, New YorkHealthcare & Life Scienceshttps://www.formation.bio/

Last Round

Series D

Jun 26, 2024

Est. Valuation

$1B

Total Funding Raised

$713.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Formation Bio is a biotechnology company that operates an AI-native drug development platform to acquire, in-license, and accelerate the development of clinical-stage pharmaceutical assets.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Clinical Trials, Drug Discovery, Medical AI

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting

AI Layer

Application

Keywords

drug developmentclinical trialAI-native pharmaclinical asset licensingtech-bioclinical trial managementdrug discoveryAI-driven recruitmentbiotech platformpharma unicornclinical-stage assetscontract research organizationCROdigital drug development

Historical Pricing

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Caplight Momentum Score

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Formation Bio Comparables

Compare Formation Bio with similar companies based on industry and business-model similarity.

Formation Bio comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Owkin
77%
Insilico Medicine
73%
Eli Lilly and Company
73%

Formation Bio Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series DJun 26, 2024
Series CSep 30, 2021
Series BOct 31, 2018
Series BOct 1, 2018
Series ANov 16, 2017
Seed
Nov 1, 2016

Key People

Founding team and executive leadership

Linhao Zhang

Co-founder CTO

Founding Team

Benjamine Liu

CEO and Co-founder at Formation Bio

Founding Team

Dan Neil

Chief Technology Officer

Executive Team

James Leslie

Chief Financial Officer

Executive Team

Formation Bio Investors

Notable investors and investment history

Formation Bio investors
InvestorRounds
Andreessen HorowitzSeries D
S32Series C
MaveronSeries A, Series B, Seed
SV AngelSeries D
Founder CollectiveSeries A, Series B, Seed
Thrive CapitalSeries C, Series D, Series B
Streamlined VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors grew 91% MoM, reaching 25.9K.

  • Apr 2, 2025

    Former Pfizer CSO Mikael Dolsten joins as advisor.

Formation Bio Filings

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Formation Bio filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Formation Bio's valuation, stock price, and market status.

Is Formation Bio a public or private company?

Formation Bio is a private company.

What is the current stock price of Formation Bio?

Formation Bio is a private company with no public stock price. No recent secondary market data is available.

How much is Formation Bio worth (valuation)?

Valuation information for Formation Bio is not publicly available.

Can I buy Formation Bio stock?

Formation Bio shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Formation Bio's last funding round?

Formation Bio's most recent funding round was Series D on June 1, 2024.

Who are the main investors in Formation Bio?

Key investors in Formation Bio include Andreessen Horowitz, Thrive Capital, Sequoia Capital.

Will Formation Bio IPO soon?

No public IPO plans have been announced for Formation Bio.

How can I track Formation Bio secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Formation Bio's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range143
Year Founded2016
Last FundingJun 26, 2024

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