Elektrofi

Boston, United States Founded: 2016 • Age: 10 yrs Acquired By Halozyme
Digital platform transforming the delivery of biologic medicines
Annual revenue - Latest available
Total funding $152.3M 4 rounds
Employees 71 Tracked headcount
Investors 12 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Elektrofi

Elektrofi is a company based in Boston (United States) founded in 2016 by Chase Coffman and Jason Norris was acquired by Halozyme in October 2025. Elektrofi has raised $152.25 million across 4 funding rounds from investors including Lilly, Halozyme and Royalty Pharma. The company has 71 employees as of December 31, 2023. Elektrofi offers products and services including Hypercon Platform. Elektrofi operates in a competitive market with competitors including Somalogic, Nautilus Biotechnology, Amunix, Biognosys and ProteinSimple, among others.

  • Headquarter Boston, United States
  • Employees 71 as on 31 Dec, 2023
  • Founders Chase Coffman, Jason Norris
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Elektrofi, Inc.,
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $152.25 M (USD)

    in 4 rounds

  • Latest Funding Round
    $112.25 M (USD), Series C

    Aug 08, 2024

  • Investors
    Lilly

    & 11 more

  • Employee Count
    71

    as on Dec 31, 2023

  • Acquired by
    Halozyme

    (Oct 01, 2025)

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Products & Services of Elektrofi

Elektrofi offers a comprehensive portfolio of products and services, including Hypercon Platform.

Product name locked
Category locked
Primary

Enables hyper-concentrated microparticle delivery of biologic therapies subcutaneously

People of Elektrofi

Headcount 10-50
Employee Profiles 30
Employee Profiles
People
Ashley Wilson
Senior Scientist, Analytical Development (biochemistry)
People
Ben Enerson
Senior Vice President, Legal & HR
People
Gabriel Lind
Senior Research Associate
People
Alison Higgins
Director Quality (technical Quality Operations)

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Funding Insights of Elektrofi

Elektrofi has successfully raised a total of $152.25M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $112.25 million completed in August 2024. 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 Elektrofi

Elektrofi has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Lilly, Halozyme and Royalty Pharma.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and venture capital fund focused on the healthcare sector
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Investments are made in marketed and late-stage biopharmaceutical companies.
Locked Locked Locked
A biotechnology venture capital firm investing in innovative science.
Locked Locked Locked
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Investor details for Elektrofi

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Investments & Acquisitions by Elektrofi

Investments
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Investment portfolio details for Elektrofi

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Financial Statements - Elektrofi

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Detailed financials for Elektrofi

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Elektrofi Comparisons

Elektrofi Primary company
Description
Digital platform transforming the delivery of biologic medic...
Location
Boston, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
71
As of 2023
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Peer comparison for Elektrofi

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Competitors of Elektrofi

Elektrofi 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 Somalogic, Nautilus Biotechnology, Amunix, Biognosys and ProteinSimple, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Protein-based assays are developed for life science research.
Locked Locked Locked
A proteomics platform is developed for analyzing the human proteome.
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Peptide-based therapeutics are developed for cancers and immune disorders.
Locked Locked Locked
Proteomics services are delivered via discovery and targeted platforms.
Locked Locked Locked
Provider tools to help researchers with protein analysis
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Detailed competitors of Elektrofi

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Latest news on Elektrofi

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Complete news archive for Elektrofi

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Frequently Asked Questions about Elektrofi

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

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

Chase Coffman is the current CEO of Elektrofi. They have also founded this company.

Elektrofi is a funded company, having raised a total of $152.25M across 4 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Elektrofi is 71.

Elektrofi was founded in 2016 and is headquartered in Boston, United States. Operations focus on the biotechnology sector, where a digital platform is employed to advance the administration of biologic medicines. Proprietary Hypercon microparticle technology is integrated to formulate concentrated biologic drugs, allowing treatments to be delivered through straightforward subcutaneous injections rather than traditional methods.

Elektrofi's top competitors include Somalogic, Nautilus Biotechnology and Biognosys.

Elektrofi offers Hypercon Platform.

Elektrofi has 12 investors. Key investors include Lilly, Halozyme, Royalty Pharma, TPG, and Marshall Wace.

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