Ardelyx

Fremont, United States Founded: 2007 • Age: 19 yrs Listed
Therapeutics for gastrointestinal, cardio-renal, and metabolic diseases are developed.

About Ardelyx

Ardelyx is a publicly listed company based in Fremont (United States) founded in 2007 by Peter G Schultz. Therapeutics for gastrointestinal, cardio-renal, and metabolic diseases are developed. Ardelyx has raised $61.1 million across 8 funding rounds from investors including Western Alliance Bank, RA Capital and SLR Investment Corp. The company has 395 employees. Its chief executive, as recorded, is Mike Raab. Its website ardelyx.com draws about 18 thousand monthly visits. Its focus areas include Life Sciences, Gastroenterology, Drugs and Diversified. Its legal entity is ARDELYX, INC. Its competitors include Ironwood Pharma, DermBiont and Alcresta; 3 of its 3 listed competitors have raised funding.

Company details

Ardelyx was founded in 2007 and is based in Fremont, United States. Focus is placed on developing therapeutics targeting the gastrointestinal tract for conditions including cardio-renal, GI, and metabolic diseases. The lead product, Tenapanor, is advanced as a sodium transport inhibitor for irritable bowel syndrome with constipation and hyperphosphatemia in dialysis patients. Additional efforts involve RDX002 for hyperkalemia treatment in kidney and heart disease patients.

  • Headquarters Fremont, United States
  • Employees 395
  • Founders Peter G Schultz
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ardelyx.com
  • Social LinkedIn X Facebook
  • Legal Name Ardelyx, Inc.
Key Metrics
  • Annual Revenue
    $407.32 M (USD)
    22.09
    as on Dec 31, 2025
  • Net Profit
    -$61.6 M (USD)
    -57.4
    as on Dec 31, 2025
  • EBITDA
    -$37.92 M (USD)
    -46.48
    as on Dec 31, 2025
  • Total Equity Funding
    $61.1M (USD)

    in 8 rounds

  • Investors
  • Employee Count
    395

Funding Insights of Ardelyx

Ardelyx has successfully raised a total of $61.1M across 8 strategic funding rounds. 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 $61.1M
  • Total Rounds 8
  • First Round $26.09M

    (Jun 2008)

  • Investors Count 11

All 8 funding rounds of Ardelyx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022Post-IPO––
Nov 2019$20MPost-IPO––
May 2018$50MDebt – Conventional––
Jul 2016$110MPost-IPO––
–
Jun 2015$77.77MPost-IPO––
Aug 2011$30MSeries B–New Enterprise Associates, CMEA Capital
–
Dec 2010$5.01MSeries A––
–
Jun 2008$26.09MSeries A––
–
Valuation history

11 investors in total: 11 institutional.

Investors in Ardelyx

Ardelyx has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Western Alliance Bank, RA Capital and SLR Investment Corp.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Healthcare royalty investments are focused on US and UK markets.
healthcareroyalty.comStamford, United States
Debt and equity investments are offered by the firm.
2006solarcapltd.comNew York, United States
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Multi-stage investment firm invests in healthcare and life sciences companies
foresitecapital.comNew York, United States
Early-stage and late-stage biotech and finance companies are funded.
rockspringscapital.comBaltimore, United States
Investment opportunities in healthcare are managed by Broadfin Capital.
2005broadfin.comMelville, United States
cmea.com
Venture capital investments are facilitated by Amgen-backed entity.
amgenbd.comThousand Oaks, United States
Commercial banking services, including loans and treasury management, are provided.
2001westernalliancebancorporation.comPhoenix, United States
RA Capital is engaged in evidence-based investing in healthcare and life sciences.
2004racap.comBoston, United States
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Investor details for Ardelyx

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People of Ardelyx

83 people are tracked at Ardelyx (66 in leadership, 2 in board & advisors, 15 in team); the tracked headcount is 395.

NameRoleGroup
Peter G Schultz
Co-FounderLeadership
Mike Raab
CEOLeadership
Sandra Oyakawa
Area Business DirectorLeadership
Tim Garver
Area Business DirectorLeadership
Meg Fisher
Area Business DirectorLeadership
Maggie Marcoux
Vice President, FinanceLeadership
Nathan Newell
Area Business Director, SE Regional LeadLeadership
Kara Davis
Business Area DirectorLeadership
Alicia Burt
Area Business DirectorLeadership
Caryn Neidel
Associate Director, MarketingLeadership
Kenji Kozuka
Senior Director, Preclinical Research And Nonclinical DevelopmentLeadership
Evyn Rabinowitz
Senior Director, Corporate Securities and Governance CounselLeadership
Mike Namorato
Associate Director, ComplianceLeadership
Anne Marie Ryberg
Sr. Director, Global Marketing & New Product PlanningLeadership
Jody Doucette
Senior Director Of MarketingLeadership
Justin Ingram
Business Area DirectorLeadership
Lily Yan
Director, Financial Planning And AnalysisLeadership
Brandon Marsh
Senior Director, Corporate And Business Development, LegalLeadership
Houston Stephens
Area Business DirectorLeadership
Caitlin Lowie
VP, Corporate Communications and Investor RelationsLeadership

63 more people are available in the full profile.

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IPO & Listings of Ardelyx

Ardelyx is a publicly listed company on the NASDAQ with ticker symbol ARDX 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.

  • IPO date19 Jun 2014
  • Listed onNASDAQ: ARDX
  • Listed entityArdelyx, Inc.
  • Exchange sectorHealth technology
  • ISINUS0396971071
  • Share price$3.12 (-3.41% on the day) · 2026-10-13
  • Market capitalisation$777.5M
  • EPS (diluted, trailing year)$-0.23
  • Volume (last session)6,872,758

Financials of Ardelyx

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$407.3M-$61.6M-$37.9M
2024$333.6M-$39.1M-$25.9M
2023$124.5M-$66.1M-$62.0M
2022$52.2M-$67.2M-$59.2M
2021$10.1M-$158.2M-$149.8M
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Detailed financial statements for Ardelyx

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Timeline of Ardelyx

4 dated milestones of Ardelyx across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ardelyx is founded.
  2. Funding First funding round of $26.1M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO,.

Competitors of Ardelyx

Ardelyx has 3 listed competitors in our database, 3 of them funded. They include Ironwood Pharma, DermBiont and Alcresta.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ironwoodpharma.com1998Cambridge, United States$206.25M220
Therapeutics for gastrointestinal disorders, including linaclotide, are developed.
dermbiont.com2015Melrose, United States$78.91M14
Microbial therapeutics for skin diseases are developed.
alcresta.com2011Newton, United States$95.89M52
Enzyme-based products for gastrointestinal disorders are developed using immobilization technology.
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Detailed competitors of Ardelyx

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Web traffic of Ardelyx

The website of Ardelyx (ardelyx.com) receives about 17.8K visits a month and ranks #2,305,983 among all websites worldwide, #3,158 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    17.8K

    ▲ 74.1% vs previous month

  • Unique visitors
    4.8K

    per month

  • Global rank
    #2,305,983

    among all websites

  • Category rank
    #3,158

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with Ardelyx. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
achaogen.com
100%
View details
medreich.com
95%
1.9K#7,047,446View details
dermira.com
93%
View details
ocutx.com
93%
12.7K#1,928,176View details
eftc-europe.com
eftc-europe.com
58%
–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Metabolic Diseases

3 companies that operate in the same segment as Ardelyx (Metabolic Diseases) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Satiety induction through digestable gastric balloon introduced via a swallowed capsule
2009Wellesley, Massachusetts, United StatesUSD 174.04 MUSD 32.11 M137
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
2010Boston, Massachusetts, United StatesUSD 84 MUSD 189.76 M283
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Ardelyx

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Frequently Asked Questions about Ardelyx

Ardelyx was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Ardelyx is headquartered in Fremont, United States. It is registered at Fremont, California, United States.

Mike Raab is the CEO of Ardelyx, as recorded in our data.

Ardelyx is a funded company, having raised a total of $61.1M across 8 funding rounds to date. The company's 1st funding round was a Series A of $26.09M, raised on Jun 2008.

Ardelyx has 395 employees.

Annual revenue of Ardelyx is $407.32M as on Dec 31, 2025.

Ardelyx was founded in 2007 and is based in Fremont, United States. Focus is placed on developing therapeutics targeting the gastrointestinal tract for conditions including cardio-renal, GI, and metabolic diseases. The lead product, Tenapanor, is advanced as a sodium transport inhibitor for irritable bowel syndrome with constipation and hyperphosphatemia in dialysis patients. Additional efforts involve RDX002 for hyperkalemia treatment in kidney and heart disease patients.

Ardelyx's top competitors include Ironwood Pharma, DermBiont and Alcresta.

Yes, Ardelyx is publicly traded on NASDAQ under the ticker symbol ARDX.

Ardelyx has 11 investors. Key investors include Western Alliance Bank, RA Capital, SLR Investment Corp, Kyowa Kirin, and HealthCare Royalty Partners.

Ardelyx operates through Ardelyx, Inc..

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