About EQRx
EQRx is a company based in Cambridge (United States) founded in 2005 was acquired by Revolution Medicines in August 2023.. EQRx has raised $700 million across 2 funding rounds from investors including Revolution Medicines, Arch Venture Partners and Google Ventures. The company has 244 employees as of December 31, 2021.
- Headquarter Cambridge, United States
- Employees 244 as on 31 Dec, 2021
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$700 M (USD)
in 2 rounds
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Latest Funding Round
$500 M (USD), Series B
Jan 11, 2021
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Investors
Revolution Medicines
& 7 more
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Employee Count
244
as on Dec 31, 2021
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Acquired by
Revolution Medicines
(Aug 01, 2023)
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Leadership Team
103 people
Senior Team
24 people
Operations Team
21 people
Software Development Team
17 people
Product Management Team
12 people
Data Analysis and Operations Team
12 people
Legal and Compliance
8 people
Sr. Team
7 people
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Funding Insights of EQRx
EQRx has successfully raised a total of $700M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $500 million completed in January 2021. 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 2
- Last Round Series B — $500.0M
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First Round
First Round
(12 Jan 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - EQRx | Valuation | Google Ventures | |
| Jan, 2020 | Amount | Series A - EQRx | Valuation | a16z , Arch Venture Partners |
| 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 EQRx
EQRx has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Revolution Medicines, Arch Venture Partners and Google Ventures. 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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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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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 EQRx
| 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 - EQRx
| 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 |
Eqrx Comparisons
Competitors of EQRx
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 EQRx
When was EQRx founded?
EQRx was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is EQRx located?
EQRx is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is EQRx a funded company?
EQRx is a funded company, having raised a total of $700M across 2 funding rounds to date. The company's 1st funding round was a Series A of $200M, raised on Jan 12, 2020.
How many employees does EQRx have?
As of Dec 31, 2021, the latest employee count at EQRx is 244.
What does EQRx do?
EQRx was established in 2005 as a manufacturer of medicines within the pharmaceutical sector. Operations are centered in Cambridge, United States, where research and production activities are conducted. Focus is placed on developing and supplying pharmaceutical products to address various health needs. The companys domain, eqrx.com, supports its online presence and stakeholder engagement. Geographic emphasis remains on the U.S. market for distribution and innovation.
Who are EQRx's investors?
EQRx has 8 investors. Key investors include Revolution Medicines, Arch Venture Partners, Google Ventures, Andreessen Horowitz, and Nextech Invest.
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