Elevation Pharmaceuticals

San Diego, United States Founded: 2007 • Age: 19 yrs Acquired By Sunovion
Developer of aerosol drug products for COPD patients

About Elevation Pharmaceuticals

Elevation Pharmaceuticals is a company based in San Diego (United States) founded in 2007 was acquired by Sunovion in August 2012.. Elevation Pharmaceuticals has raised $77 million across 3 funding rounds from investors including TPG, Canaan and Sunovion. Elevation Pharmaceuticals offers products and services including Drug Pipeline and Clinical Trials. Elevation Pharmaceuticals operates in a competitive market with competitors including MediciNova, TFF Pharmaceuticals, Theravance Biopharma, Elastrin and Chance Pharmaceuticals, among others.

  • Headquarter San Diego, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sunovion Pharmaceuticals Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $77 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jan 04, 2012

  • Investors
    TPG

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Sunovion

    (Aug 29, 2012)

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Products & Services of Elevation Pharmaceuticals

Elevation Pharmaceuticals offers a comprehensive portfolio of products and services, including Drug Pipeline and Clinical Trials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Develops treatments for oncology and rare diseases

Conducts trials for innovative health therapies

Funding Insights of Elevation Pharmaceuticals

Elevation Pharmaceuticals has successfully raised a total of $77M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 2012. 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 Rounds 3
  • Last Round Series B — $30.0M
  • First Round

    (21 Jan 2010)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2012 Amount Series B - Elevation Pharmaceuticals Valuation

investors

Sep, 2011 Amount Series A - Elevation Pharmaceuticals Valuation Canaan , Care Capital
Jan, 2010 Amount Series A - Elevation Pharmaceuticals Valuation Canaan , Care Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Elevation Pharmaceuticals

Elevation Pharmaceuticals has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include TPG, Canaan and Sunovion. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Canaan is recognized as an early-stage venture capital firm.
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elevation Pharmaceuticals

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elevation Pharmaceuticals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elevation Pharmaceuticals Comparisons

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Competitors of Elevation Pharmaceuticals

Elevation Pharmaceuticals 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 MediciNova, TFF Pharmaceuticals, Theravance Biopharma, Elastrin and Chance Pharmaceuticals, 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
domain founded_year HQ Location
Small-molecule therapeutics are developed for asthma, COPD, and neurologic diseases.
domain founded_year HQ Location
Developer of inhalation products for chronic respiratory diseases
domain founded_year HQ Location
Therapeutics for inflammatory and immunological diseases are developed.
domain founded_year HQ Location
Developer of therapeutic targets related to arterial and lung diseases
domain founded_year HQ Location
Inhalation therapies for pulmonology disorders are developed.
domain founded_year HQ Location
Therapeutic drugs for acute inflammatory and rare diseases are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Elevation Pharmaceuticals

Frequently Asked Questions about Elevation Pharmaceuticals

When was Elevation Pharmaceuticals founded?

Elevation Pharmaceuticals was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Elevation Pharmaceuticals located?

Elevation Pharmaceuticals is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is Elevation Pharmaceuticals a funded company?

Elevation Pharmaceuticals is a funded company, having raised a total of $77M across 3 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Jan 21, 2010.

What does Elevation Pharmaceuticals do?

Developer of aerosol drug products for COPD patients. Its lead clinical-stage product EP-101 is an inhalation solution of a long-acting muscarinic antagonist (LAMA) bronchodilator to treat COPD.

Who are the top competitors of Elevation Pharmaceuticals?

Elevation Pharmaceuticals's top competitors include TFF Pharmaceuticals, Theravance Biopharma and MediciNova.

What products or services does Elevation Pharmaceuticals offer?

Elevation Pharmaceuticals offers Drug Pipeline and Clinical Trials.

Who are Elevation Pharmaceuticals's investors?

Elevation Pharmaceuticals has 6 investors. Key investors include TPG, Canaan, Sunovion, Care Capital, and Mesa Verde Venture Partners.

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