ALX Oncology

Burlingame, United States Founded: 2015 • Age: 11 yrs
ALX Oncology is focused on advancing cancer treatment therapies.

About ALX Oncology

ALX Oncology is a company based in Burlingame (United States) founded in 2015. It operates as a HealthTech. ALX Oncology has raised $123.02 million across 2 funding rounds from investors including Janus Henderson Investors, HBM Healthcare Investments and Lightstone Ventures. The company has 80 employees as of December 31, 2024. ALX Oncology has completed 1 acquisition, including ScalmiBio. ALX Oncology offers products and services including Evorpacept. ALX Oncology operates in a competitive market with competitors including Moderna, BeiGene, Incyte, MorphoSys and Annexon, among others.

  • Headquarter Burlingame, United States
  • Employees 80 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alx Oncology Holdings Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $0
    0
    as on Dec 31, 2024
  • Net Profit
    $-134.85 M
    16.14
    as on Dec 31, 2024
  • EBITDA
    $-141.59 M
    16.43
    as on Dec 31, 2024
  • Total Equity Funding
    $123.02 M (USD)

    in 2 rounds

  • Latest Funding Round
    $105 M (USD), Series C

    Feb 12, 2020

  • Investors
  • Employee Count
    80

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of ALX Oncology

ALX Oncology is a publicly listed company on the NASDAQ with ticker symbol ALXO in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ALXO . Sector: Health technology · USA

Products & Services of ALX Oncology

ALX Oncology offers a comprehensive portfolio of products and services, including Evorpacept. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Evorpacept is developed to boost immune system against cancer.

People of ALX Oncology
Headcount 10-50
Employee Profiles 24
Board Members and Advisors 8
Employee Profiles
People
Hadi Falahatpisheh
VP, Preclinical Development
People
Marija Vrljic
VP, Antibody Technologies
People
Athanasios Tsiatis
SVP, Clinical Development
People
Jeanne Jew
Chief Business Officer

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Board Members and Advisors
people
Charles M. Baum
Advisor
people
Rekha Hemrajani
Board Member
people
Jack B. Nielsen
Board Member
people
Jason Lettmann
CEO

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Funding Insights of ALX Oncology

ALX Oncology has successfully raised a total of $123.02M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $105 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series C — $105.0M
  • First Round

    (21 May 2015)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Series C - ALX Oncology Valuation Vivo Capital
May, 2015 Amount Series A - ALX Oncology Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ALX Oncology

ALX Oncology has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Janus Henderson Investors, HBM Healthcare Investments and Lightstone Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund and fund of funds focused on the life science sector
Founded Year Domain Location
Venture capital and private equity firm
Founded Year Domain Location
Private equity fund focused on the biotechnology sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ALX Oncology

ALX Oncology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ScalmiBio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Antibodies are developed to minimize cancer drug side effects.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ALX Oncology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alx Oncology Comparisons

Employees
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Competitors of ALX Oncology

ALX Oncology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moderna, BeiGene, Incyte, MorphoSys and Annexon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Targeted and immune-oncology drugs for cancer treatment are developed.
domain founded_year HQ Location
Small molecules are developed for cancer and skin disease treatments.
domain founded_year HQ Location
Therapeutic antibodies for cancer and other diseases are developed.
domain founded_year HQ Location
Developer of antibodies to treat complement-mediated neurodegenerative diseases
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alx Oncology

Frequently Asked Questions about ALX Oncology

When was ALX Oncology founded?

ALX Oncology was founded in 2015.

Where is ALX Oncology located?

ALX Oncology is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.

Is ALX Oncology a funded company?

ALX Oncology is a funded company, having raised a total of $123.02M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18.02M, raised on May 21, 2015.

How many employees does ALX Oncology have?

As of Dec 31, 2024, the latest employee count at ALX Oncology is 80.

What does ALX Oncology do?

ALX Oncology is engaged in developing innovative cancer therapies by boosting the immune system. The company is centered on its lead candidate, evorpacept, which is positioned as a potential cornerstone in immuno-oncology. Research and clinical trials are conducted to optimize current and future standards of care in the oncology sector. A synergistic approach is adopted to enhance treatment outcomes for patients.

Who are the top competitors of ALX Oncology?

ALX Oncology's top competitors include Moderna, BeiGene and Regeneron Pharmaceuticals.

What products or services does ALX Oncology offer?

ALX Oncology offers Evorpacept.

Is ALX Oncology publicly traded?

Yes, ALX Oncology is publicly traded on NASDAQ under the ticker symbol ALXO.

How many acquisitions has ALX Oncology made?

ALX Oncology has made 1 acquisition, including ScalmiBio.

Who are ALX Oncology's investors?

ALX Oncology has 9 investors. Key investors include Janus Henderson Investors, HBM Healthcare Investments, Lightstone Ventures, Vivo Capital, and Logos Capital.

What is ALX Oncology's ticker symbol?

The ticker symbol of ALX Oncology is ALXO on NASDAQ.

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