Frequency Therapeutics
PublicLast Round
PIPE
Apr 18, 2024
Total Funding Raised
$394.5M
Company Overview
Korro Bio is a biopharmaceutical company focused on discovering, developing, and commercializing innovative genetic medicines that utilize RNA editing to treat both rare and common diseases with enhanced precision and flexibility.
Sector
Biotech
AI Layer
Non-AI
Keywords
RNA editing genetic medicineOligonucleotide Promoted Editing of RNA (OPERA) platformADAR-mediated RNA editingSingle-base RNA editingAlpha-1 Antitrypsin Deficiency (AATD) therapyTransient RNA editingOligonucleotide-based therapeuticsTherapeutics for rare genetic diseasesLiver disease genetic medicineCentral nervous system (CNS) genetic medicineBiopharma R&D collaborationClinical-stage biopharmaceutical companyCardiometabolic disease therapeutics
Frequency Therapeutics Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Frequency Therapeutics Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| PIPE | Apr 18, 2024 | ||||
| Private Placement | Nov 3, 2023 | ||||
| Series B | Jan 5, 2022 | ||||
| Series A | Sep 10, 2020 | ||||
| Seed | Oct 7, 2019 |
Frequency Therapeutics Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Sixty Degree Capital | Series B, Private Placement |
| MP Healthcare Venture Management | Series A, Series B, Private Placement |
| New Enterprise Associates (NEA) | Seed, Series A, PIPE, Series B, Private Placement |
| Eventide Funds | Private Placement, Series B |
| Wu Capital | Series B, Series A |
| Fidelity Management & Research Company | Series B |
| Blue Owl Capital | PIPE |
Frequency Therapeutics Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersCambridge, Massachusetts
Employee Range75
Year Founded2018
Last FundingApr 18, 2024