Ampersand

Boston, United States Founded: 2020 • Age: 6 yrs
Programmable medicines are developed to target and treat multiple diseases.
Annual revenue - Latest available
Total funding $65.0M 1 rounds
Employees 22 Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Ampersand

Ampersand is a company based in Boston (United States) founded in 2020 by Raffi Afeyan and Noubar Afeyan. It operates as a HealthTech. Ampersand has raised $65 million across 1 funding round from investors including Lilly and Flagship Pioneering. The company has 22 employees as of December 31, 2022. Ampersand has completed 1 acquisition, including AbCheck. Ampersand offers products and services including AND-Body Therapeutics. Ampersand operates in a competitive market with competitors including DNAnexus, Cytel, Metagenomi, Octant and Kinomica, among others.

  • Headquarter Boston, United States
  • Employees 22 as on 31 Dec, 2022
  • Founders Raffi Afeyan, Noubar Afeyan
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ampersand Biomedicines
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $65 M (USD)

    in 1 rounds

  • Latest Funding Round
    $65 M (USD), Series B

    Mar 20, 2025

  • Investors
    Lilly

    & 1 more

  • Employee Count
    22

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Ampersand

Ampersand offers a comprehensive portfolio of products and services, including AND-Body Therapeutics.

Product name locked
Category locked
Primary

Programmable medicines are designed for disease-specific precision targeting.

People of Ampersand

Headcount 10-50
Employee Profiles 24
Employee Profiles
People
Mengting Li
Research Assistant
People
Michele Hoffmann
Senior Scientist II
People
Raffi Afeyan
CIO
People
Oliver Yvon
Senior Research Associate

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Funding Insights of Ampersand

Ampersand has successfully raised a total of $65M through 1 strategic funding round. The most recent funding activity was a Series B round of $65 million completed in March 2025. 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.

Investors in Ampersand

Ampersand has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lilly and Flagship Pioneering.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Life sciences-focused venture capital firm
Locked Locked Locked
Traditional pharmaceutical medicines are developed for multiple health fields.
Locked Locked Locked
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Investor details for Ampersand

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Investments & Acquisitions by Ampersand

Ampersand has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AbCheck.

Investments
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Investment portfolio details for Ampersand

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer of human therapeutic antibodies
Locked Locked 2009 Locked
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Complete acquisition details for Ampersand

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Financial Statements - Ampersand

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Detailed financials for Ampersand

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Ampersand Comparisons

Ampersand Primary company
Description
Programmable medicines are developed to target and treat mul...
Location
Boston, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2022
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Peer comparison for Ampersand

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Competitors of Ampersand

Ampersand 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 DNAnexus, Cytel, Metagenomi, Octant and Kinomica, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based genome informatics and data management are provided.
Locked Locked Locked
Data analysis and statistical solutions are provided for life sciences.
Locked Locked Locked
Next-generation gene editing tools are developed for drug enhancement.
Locked Locked Locked
Human cell interaction platform is provided for drug discovery.
Locked Locked Locked
Bioinformatics platform for precision medicine development is offered.
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Detailed competitors of Ampersand

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Latest news on Ampersand

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Complete news archive for Ampersand

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Frequently Asked Questions about Ampersand

Ampersand was founded in 2020 and raised its 1st funding round 5 years after it was founded.

Ampersand is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Jason Gardner is the current CEO of Ampersand.

Ampersand is a funded company, having raised a total of $65M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Ampersand is 22.

Ampersand Biomedicines is engaged in the development of next-generation modular medicines through its proprietary Address, Navigate, Determine (AND) Platform. These medicines, known as AND-Body Therapeutics, are designed to act precisely at the site of disease, avoiding healthy tissue to minimize side effects. The company operates in the biotechnology sector, addressing challenges in drug development by combining localizing elements and actuators for disease modification. Solutions are enabled by a unique Address Map to identify optimal targets for organs, cells, and diseases, ensuring safer and more effective treatments.

Ampersand's top competitors include DNAnexus, Cytel and Relation Therapeutics.

Ampersand offers AND-Body Therapeutics.

Ampersand has made 1 acquisition, including AbCheck.

Ampersand has 2 investors. Key investors include Lilly, and Flagship Pioneering.

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