Carisma Therapeutics

Philadelphia, United States Founded: 2016 • Age: 10 yrs
Chimeric antigen receptor macrophages are developed for cancer treatment.
Annual revenue $19.6M Latest available
Total funding $3.9M 5 rounds
Employees 46 Tracked headcount
Investors 15 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Carisma Therapeutics

Carisma Therapeutics is a company based in Philadelphia (United States) founded in 2016 by Michael Klichinsky. Carisma Therapeutics has raised $3.85 million across 5 funding rounds from investors including AbbVie, TPG and Penn Medicine. The company has 46 employees as of December 31, 2024. Carisma Therapeutics offers products and services including CAR-Macrophages. Carisma Therapeutics operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

  • Headquarter Philadelphia, United States
  • Employees 46 as on 31 Dec, 2024
  • Founders Michael Klichinsky
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carisma Therapeutics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.63 M (USD)
    31.59
    as on Dec 31, 2024
  • Net Profit
    -$60.48 M (USD)
    30.39
    as on Dec 31, 2024
  • EBITDA
    -$58.83 M (USD)
    26.89
    as on Dec 31, 2024
  • Total Equity Funding
    $3.85 M (USD)

    in 5 rounds

  • Latest Funding Round
    $30 M (USD), Post-IPO

    Sep 22, 2022

  • Investors
    AbbVie

    & 14 more

  • Employee Count
    46

    as on Dec 31, 2024

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IPO & Listings of Carisma Therapeutics

Carisma Therapeutics is a publicly listed company on the NASDAQ with ticker symbol CARM 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: CARM · Sector: Health technology · USA

Products & Services of Carisma Therapeutics

Carisma Therapeutics offers a comprehensive portfolio of products and services, including CAR-Macrophages.

Product name locked
Category locked
Primary

Engineered cells to target and destroy tumors in cancer patients

People of Carisma Therapeutics

Headcount 50-200
Employee Profiles 14
Board Members and Advisors 14
Employee Profiles
People
Joanna Schmidt
Associate Director - Scientific Operations
People
Eric Siegel
General Counsel & Corporate Secretary
People
Terry Shields
SVP, Human Resources
People
Steven Kelly
President & CEO

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Board Members and Advisors
people
Regina Hodits
Director
people
Chidozie Ugwumba
Director
people
Hyam Levitsky
Scientific Advisor
people
Briggs Morrison
Director

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Funding Insights of Carisma Therapeutics

Carisma Therapeutics has successfully raised a total of $3.85M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in September 2022. 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 Carisma Therapeutics

Carisma Therapeutics has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include AbbVie, TPG and Penn Medicine.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed and early-stage therapeutics companies are invested in by MRLV.
Locked Locked Locked
Venture capital firm focused on healthcare startups
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Investor details for Carisma Therapeutics

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Investments & Acquisitions by Carisma Therapeutics

Investments
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Investment portfolio details for Carisma Therapeutics

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Financial Statements - Carisma Therapeutics

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Detailed financials for Carisma Therapeutics

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Carisma Therapeutics Comparisons

Carisma Therapeutics Primary company
Description
Chimeric antigen receptor macrophages are developed for canc...
Location
Philadelphia, United States
Founded Year
2016
Annual Revenue
$19.63 M (USD)
Net Profit
-$60.48 M (USD)
EBITDA
-$58.83 M (USD)
Employees
46
As of 2024
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Peer comparison for Carisma Therapeutics

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Competitors of Carisma Therapeutics

Carisma Therapeutics 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, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
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Small molecules are developed for cancer and skin disease treatments.
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Cancer therapies are developed using selective pathway inhibitors.
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Detailed competitors of Carisma Therapeutics

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Latest news on Carisma Therapeutics

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Complete news archive for Carisma Therapeutics

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Frequently Asked Questions about Carisma Therapeutics

Carisma Therapeutics was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Carisma Therapeutics is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Carisma Therapeutics is a funded company, having raised a total of $3.85M across 5 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Carisma Therapeutics is 46.

Annual revenue of Carisma Therapeutics is $19.63M as on Dec 31, 2024.

Carisma Therapeutics was founded in 2016 and is based in Philadelphia, United States. Patient-derived macrophages are genetically engineered to produce chimeric antigen receptor macrophages, known as CAR-M, within the biotechnology sector focused on oncology. Solid tumor indications are targeted, such as recurrent ovarian cancer and HER2-overexpressing malignancies. Research and development efforts emphasize innovative cellular therapies for these conditions.

Carisma Therapeutics's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

Carisma Therapeutics offers CAR-Macrophages.

Yes, Carisma Therapeutics is publicly traded on NASDAQ under the ticker symbol CARM.

Carisma Therapeutics has 15 investors. Key investors include AbbVie, TPG, Penn Medicine, Livzon Pharmaceutical, and IP Group.

The ticker symbol of Carisma Therapeutics is CARM on NASDAQ.

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