About Conforma
Conforma is a company based in San Diego (United States) founded in 1999 was acquired by Biogen in May 2006.. Conforma has raised $56 million across 3 funding rounds from investors including Biogen, Lombard Odier and Domain Associates. Conforma operates in a competitive market with competitors including TrueLens, Black Pearl Vision, Art Optical Contact Lens, Eiyan Lens and Lentes Beautiful Eyes, among others.
- Headquarter San Diego, United States
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of Conforma
Conforma has successfully raised a total of $56M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $11 million completed in May 2005. 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 Funding
- Total Rounds 3
- Last Round Series C — $11.0M
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First Round
First Round
(07 May 2001)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2005 | Amount | Series C - Conforma | Valuation |
investors |
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| Sep, 2003 | Amount | Series C - Conforma | Valuation |
investors |
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| May, 2001 | Amount | Series A - Conforma | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Conforma
Conforma has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Biogen, Lombard Odier and Domain Associates. 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.
| Investor | Description | Founded Year | Domain | Location |
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Life science & tech focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Life Sciences focused VC firm that does early stage investments in the US
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Founded Year | Domain | Location | |
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Early-stage life sciences investments are targeted in the healthcare sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Conforma
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Conforma
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Conforma Comparisons
Competitors of Conforma
Conforma 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 TrueLens, Black Pearl Vision, Art Optical Contact Lens, Eiyan Lens and Lentes Beautiful Eyes, 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 |
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| domain | founded_year | HQ Location |
Social insights are integrated with CRM data for customer profiling.
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| domain | founded_year | HQ Location |
Contact lenses are branded and distributed by Black Pearl Vision.
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| domain | founded_year | HQ Location |
Specializes in designing, producing, and consulting on custom contact lenses for eye conditions.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering contact lenses on a subscription basis.
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| domain | founded_year | HQ Location |
Online store offering cosmetic lenses and eye care kits for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Conforma
When was Conforma founded?
Conforma was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is Conforma located?
Conforma is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of Conforma?
Lawrence Fritz is the current CEO of Conforma.
Is Conforma a funded company?
Conforma is a funded company, having raised a total of $56M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on May 07, 2001.
What does Conforma do?
Conforma Therapeutics was founded in 1999 in San Diego, United States, and operates in the biotechnology sector. Focus is placed on the design and development of pharmaceutical products aimed at treating cancer. Operations center on drugs that target the HSP90 family of molecular chaperones, which regulate tumor cell growth and survival. The company is led by CEO and President Lawrence Fritz.
Who are the top competitors of Conforma?
Conforma's top competitors include TrueLens, Black Pearl Vision and Art Optical Contact Lens.
Who are Conforma's investors?
Conforma has 10 investors. Key investors include Biogen, Lombard Odier, Domain Associates, Forward Ventures, and Lilly Ventures.
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