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.

Operational Areas
Key Metrics
  • Total Equity Funding
    $77M (USD)

    in 3 rounds

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

    Jan 2012

  • Investors
    TPG

    & 5 more

  • Acquired by
    Sunovion

    (Aug 2012)

Products & Services of Elevation Pharmaceuticals

Elevation Pharmaceuticals offers a comprehensive portfolio of products and services, including Drug Pipeline and Clinical Trials.

Drug Pipeline
Pharmaceuticals

Develops treatments for oncology and rare diseases

Clinical Trials
Research Services

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 $77M
  • Total Rounds 3
  • Last Round Series B β€” $30M
  • First Round $30M

    (Jan 2010)

  • Investors Count 5

All 3 funding rounds of Elevation Pharmaceuticals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2012$30MSeries B––
Sep 2011$17MSeries A–Canaan, Care Capital
–
Jan 2010$30MSeries A–Canaan, Care Capital
–
Valuation history

6 investors in total: 6 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
-
–carecapital.com-
-
–mesaverdevp.com-
Fund of funds focused on pre-seed and seed-stage companies
1992tpg.comFort Worth, United States
Private equity and venture capital fund focused on the healthcare sector
–novoholdings.dkHellerup, Denmark
Pharmaceutical company that specializes in treatment of CNS and respiratory ailments
1984sunovion.comMarlborough, United States
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Investor details for Elevation Pharmaceuticals

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  • Round participation
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Timeline of Elevation Pharmaceuticals

4 dated milestones of Elevation Pharmaceuticals across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elevation Pharmaceuticals is founded.
  2. Funding First funding round of $30.0M.
  3. Funding Latest funding round, Series B, of $30.0M.
  4. Exit Acquired by Sunovion.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
medicinova.com2000San Diego, United States$83.94M13
Small-molecule therapeutics are developed for asthma, COPD, and neurologic diseases.
tffpharma.com2018Austin, United States$22.17M15
Developer of inhalation products for chronic respiratory diseases
theravance.com2001Francisco, United States–99
Therapeutics for inflammatory and immunological diseases are developed.
elastrin.com2017Simpsonville, United States$17.25M–
Developer of therapeutic targets related to arterial and lung diseases
chancepharmaceuticals.com2015Hangzhou, China$31.03M–
Inhalation therapies for pulmonology disorders are developed.
realtalifesciences.com2018Norfolk, United States$81.5M19
Therapeutic drugs for acute inflammatory and rare diseases are developed.
zeoscientifix.com2011Fort Lauderdale, United States$500,000–
Novel biological therapeutics are researched by the biopharmaceutical company.
topigen.com2000Montreal, Canada$50.09M–
Respiratory disorder treatments are developed by this clinical-stage biopharmaceutical firm.
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Detailed competitors of Elevation Pharmaceuticals

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Elevation Pharmaceuticals

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Complete news archive for Elevation Pharmaceuticals

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Similar companies to Elevation Pharmaceuticals

10 companies that operate in the same segment as Elevation Pharmaceuticals (Pulmonology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Portable oxygen concentrators are supplied for respiratory therapy needs.
2001Goleta, California, United StatesUSD 51.65 MUSD 348.67 M766
Cancer detection diagnostics assays are developed and offered.
2005Boulder, Colorado, United StatesUSD 200.16 MUSD 88.5 M273
Therapeutic devices for nasal breathing improvement are developed.
2011Sunnyvale, California, United StatesUSD 176.4 M–66
Non-invasive breath-based diagnostics for cancer and infectious diseases are developed.
2004Cambridge, Cambridgeshire, United KingdomUSD 166.55 M–202
Protein biologics are developed for treating rare diseases.
2005San Diego, California, United StatesUSD 171.52 MUSD 190 K59
Therapeutics for rare respiratory diseases are developed by Savara Pharma.
2008Austin, Texas, United StatesUSD 67.82 M–59
Developer of smart devices for treating pulmonary diseases
1998Redwood City, California, United StatesUSD 280.91 MUSD 90.5 M291
A norovirus vaccine is developed for infection prevention.
2021Boston, Massachusetts, United StatesUSD 135 M–14
Oral small molecule drugs for chronic diseases are developed.
2017San Francisco, California, United StatesUSD 233 M–163
Precision medicines for lung-related diseases are developed.
2015Menlo Park, California, United StatesUSD 371 M––
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Frequently Asked Questions about Elevation Pharmaceuticals

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

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

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 2010.

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.

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

Elevation Pharmaceuticals offers Drug Pipeline and Clinical Trials.

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

Elevation Pharmaceuticals operates through Sunovion Pharmaceuticals Inc..

Yes. Elevation Pharmaceuticals was acquired by Sunovion in August 2012.

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