Alzheon

Framingham, United States Founded: 2013 • Age: 13 yrs
Oral inhibitors of amyloid aggregation for Alzheimers treatment are developed.
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About Alzheon

Alzheon is a company based in Framingham (United States) founded in 2013.. Alzheon has raised $195.25 million across 12 funding rounds from investors including NIH, HHS and Ally Bridge Group. Alzheon offers products and services including valiltramiprosate and ALZ-801. Alzheon operates in a competitive market with competitors including T3D Therapeutics, Longeveron, Alchemab, Cerecin and Totus Medicines, among others.

  • Headquarter Framingham, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Future X Beta S.R.O.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $195.25 M (USD)

    in 12 rounds

  • Latest Funding Round
    $100 M (USD), Series E

    Jun 12, 2024

  • Investors
    NIH

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Alzheon

Alzheon offers a comprehensive portfolio of products and services, including valiltramiprosate and ALZ-801. 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

Investigational oral drug targeting amyloid oligomers in Alzheimer's disease

Oral treatment for early Alzheimer's in APOE4 carriers

People of Alzheon
Headcount 10-50
Employee Profiles 13
Board Members and Advisors 25
Employee Profiles
People
Aidan Power
Chief Development Officer
People
Martin Tolar
Founder, President & CEO
People
John Hey
CSO
People
Kenneth Mace
Chief Financial Officer

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Board Members and Advisors
people
Diane K. Jorkasky
Director
people
Jordan Heller
Director
people
Christopher Noel Dunn
Non Executive Director
people
Neil Flanzraich
Executive Chairman

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Funding Insights of Alzheon

Alzheon has successfully raised a total of $195.25M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in June 2024. 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 12
  • Last Round Series E — $100.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series E - Alzheon Valuation Alerce Medical Technology Partners
Feb, 2024 Amount Series D - Alzheon Valuation

investors

Apr, 2022 Amount Series D - Alzheon 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 Alzheon

Alzheon has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, HHS and Ally Bridge Group. 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
Private equity and hedge fund investments in healthcare are managed.
Founded Year Domain Location
-
Founded Year Domain Location
Drug discovery services are provided to the biopharma 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 Alzheon

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

Financial Statements - Alzheon

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

Alzheon Comparisons

Employees
+
Add Comparison
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Competitors of Alzheon

Alzheon 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 T3D Therapeutics, Longeveron, Alchemab, Cerecin and Totus Medicines, 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
Therapeutics for neurodegenerative diseases, including Alzheimer's, are developed.
domain founded_year HQ Location
Cellular therapies for aging-related and life-threatening conditions are developed.
domain founded_year HQ Location
Developer of antibody based therapeutics to treat cancers, neurodegenerative conditions and infectious diseases
domain founded_year HQ Location
Medical foods and drugs for Alzheimer's disease are developed.
domain founded_year HQ Location
Genome-scale drug discovery platform is provided for treating multiple 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.

Frequently Asked Questions about Alzheon

When was Alzheon founded?

Alzheon was founded in 2013.

Where is Alzheon located?

Alzheon is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.

Is Alzheon a funded company?

Alzheon is a funded company, having raised a total of $195.25M across 12 funding rounds to date. The company's 1st funding round was a Series D of $50M, raised on Oct 23, 2013.

What does Alzheon do?

Alzheon was founded in 2013 and is headquartered in Framingham, United States. Focus is placed on the biotechnology sector, specifically the development of oral therapeutics for Alzheimers disease. The lead candidate, ALZ-801, a prodrug of tramiprosate, is advanced as an inhibitor targeting amyloid aggregation and neurotoxicity. Clinical operations are conducted to address key pathological hallmarks of the disease.

Who are the top competitors of Alzheon?

Alzheon's top competitors include Longeveron, Alchemab and Eikonizo.

What products or services does Alzheon offer?

Alzheon offers valiltramiprosate and ALZ-801.

Who are Alzheon's investors?

Alzheon has 4 investors. Key investors include NIH, HHS, Ally Bridge Group, and Alerce Medical Technology Partners.

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