Codiak BioSciences

Cambridge, United States Founded: 2015 • Age: 11 yrs
Exosome-based drugs and diagnostics for cancer treatment are developed.
Annual revenue $22.9M Latest available
Total funding $168.5M 3 rounds
Employees 48 Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Codiak BioSciences

Codiak BioSciences is a company based in Cambridge (United States) founded in 2015. Codiak BioSciences has raised $168.5 million across 3 funding rounds from investors including Fidelity Investments, ARE and Flagship Pioneering. The company has 48 employees as of December 31, 2022. Codiak BioSciences operates in a competitive market with competitors including Guardant Health, GRAIL, Delfi Diagnostics, BillionToOne and Thrive Earlier Detection, among others.

  • Headquarter Cambridge, United States
  • Employees 48 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Codiak Biosciences, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.94 M (USD)
    687
    as on Dec 31, 2021
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $168.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $76.5 M (USD), Series C

    Nov 29, 2017

  • Investors
  • Employee Count
    48

    as on Dec 31, 2022

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Funding Insights of Codiak BioSciences

Codiak BioSciences has successfully raised a total of $168.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $76.5 million completed in November 2017. 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 Codiak BioSciences

Codiak BioSciences has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, ARE and Flagship Pioneering.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on life science companies
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Life sciences-focused venture capital firm
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Investing in Life Sciences sectors like Healthcare and Biotechnology.
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Investor details for Codiak BioSciences

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Investments & Acquisitions by Codiak BioSciences

Investments
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Financial Statements - Codiak BioSciences

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Codiak Biosciences Comparisons

Codiak BioSciences Primary company
Description
Exosome-based drugs and diagnostics for cancer treatment are...
Location
Cambridge, United States
Founded Year
2015
Annual Revenue
$22.94 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
48
As of 2022
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Peer comparison for Codiak BioSciences

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Competitors of Codiak BioSciences

Codiak BioSciences 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 Guardant Health, GRAIL, Delfi Diagnostics, BillionToOne and Thrive Earlier Detection, among others.

Company Name Domain Founded year HQ Location Description
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Digital sequencing technology for cancer detection is developed.
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Circulating tumor DNA is screened for early cancer detection.
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Provider of DNA sequencing for cancer detection
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Provider of cell-free cancer liquid biopsy test
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Blood-based liquid biopsy tests for multiple cancer detection are provided.
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MicroRNA profiling platform is developed to detect genes in samples.
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Detailed competitors of Codiak BioSciences

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Latest news on Codiak Biosciences

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Complete news archive for Codiak BioSciences

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Frequently Asked Questions about Codiak BioSciences

Codiak BioSciences was founded in 2015.

Codiak BioSciences is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Codiak BioSciences is a funded company, having raised a total of $168.5M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Codiak BioSciences is 48.

Annual revenue of Codiak BioSciences is $22.94M as on Dec 31, 2021.

Founded in 2015 in Cambridge, United States, exosome-based therapeutics and diagnostics for cancer are developed by Codiak BioSciences in the biotechnology sector. Natural vesicles mediating intercellular communication are employed for treatment and diagnostic applications. Key products include exoSTING for solid tumors, exoIL-12 for melanoma, and exoASO-STAT3 for hematologic and hepatic cancers, with operations centered on advancing these solutions.

Codiak BioSciences's top competitors include Guardant Health, GRAIL and BillionToOne.

Codiak BioSciences has 11 investors. Key investors include Fidelity Investments, ARE, Flagship Pioneering, Arch Venture Partners, and Alaska Permanent Fund.

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