Evofem Biosciences

San Diego, United States Founded: 2009 • Age: 17 yrs Acquired By Aditx Therapeutics
Therapeutics for womens reproductive care are developed.
Annual revenue $19.4M Latest available
Total funding $100.0M 15 rounds
Employees 32 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Evofem Biosciences

Evofem Biosciences is a company based in San Diego (United States) founded in 2009 was acquired by Aditx Therapeutics in December 2023. It operates as a Direct-to-Consumer (D2C). Evofem Biosciences has raised $100 million across 15 funding rounds from investors including Aditx Therapeutics, Woodford Investment Management and Adjuvant Capital. The company has 32 employees as of December 31, 2024. Evofem Biosciences offers products and services including Phexxi and Solosec. Evofem Biosciences operates in a competitive market with competitors including BioNTech, Insmed, Affinivax, Eligo Bioscience and Aridis Pharma, among others.

  • Headquarter San Diego, United States
  • Employees 32 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Evofem Biosciences, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.36 M (USD)
    6.28
    as on Dec 31, 2024
  • Net Profit
    -$8.86 M (USD)
    -116.72
    as on Dec 31, 2024
  • EBITDA
    -$5.42 M (USD)
    66.26
    as on Dec 31, 2024
  • Total Equity Funding
    $100 M (USD)

    in 15 rounds

  • Latest Funding Round
    $925 K (USD), Post-IPO

    Jun 26, 2025

  • Investors
  • Employee Count
    32

    as on Dec 31, 2024

  • Acquired by
    Aditx Therapeutics

    (Dec 12, 2023)

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IPO & Listings of Evofem Biosciences

Evofem Biosciences is a publicly listed company on the OTC with ticker symbol EVFM in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: EVFM · Sector: Health technology · USA

Products & Services of Evofem Biosciences

Evofem Biosciences offers a comprehensive portfolio of products and services, including Phexxi and Solosec.

Product name locked
Category locked
Primary

Hormone-free contraceptive gel used on-demand by women.

Product name locked
Category locked
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Product focused on women's reproductive health solutions.

People of Evofem Biosciences

Headcount 50-200
Employee Profiles 32
Board Members and Advisors 4
Employee Profiles
People
Richard Murawski
SVP, Operations
People
Robin Belsaas
VP, Product Development
People
Ellen Harris
Senior Clinical Operations Manager
People
Mitch Rosen
National Director, Commercial Strategy & Innovation

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Funding Insights of Evofem Biosciences

Evofem Biosciences has successfully raised a total of $100M across 15 strategic funding rounds. The most recent funding activity was a Post-IPO round of $925 thousand completed in June 2025. 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 Evofem Biosciences

Evofem Biosciences has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Aditx Therapeutics, Woodford Investment Management and Adjuvant Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is deployed for global health technology innovations.
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Biopharmaceutical company undergoing dissolution and asset distribution processes.
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Diversified asset management services are offered globally by Invesco.
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Investor details for Evofem Biosciences

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Investments & Acquisitions by Evofem Biosciences

Investments
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Investment portfolio details for Evofem Biosciences

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Financial Statements - Evofem Biosciences

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Detailed financials for Evofem Biosciences

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Evofem Biosciences Comparisons

Evofem Biosciences Primary company
Description
Therapeutics for women's reproductive care are developed.
Location
San Diego, United States
Founded Year
2009
Annual Revenue
$19.36 M (USD)
Net Profit
-$8.86 M (USD)
EBITDA
-$5.42 M (USD)
Employees
32
As of 2024
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Peer comparison for Evofem Biosciences

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Competitors of Evofem Biosciences

Evofem Biosciences 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 BioNTech, Insmed, Affinivax, Eligo Bioscience and Aridis Pharma, among others.

Company Name Domain Founded year HQ Location Description
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Immunotherapeutics for cancer and other diseases are developed.
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Developer of small molecule inhibitors for rare lung diseases
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Technology-based conjugate vaccines against infectious diseases are developed.
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In vivo gene editing technology is developed for microbiome modulation.
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Provider of human monoclonal antibodies against infectious diseases
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Antibiotics, antifungals, and oncology drugs are developed for disease treatment.
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Detailed competitors of Evofem Biosciences

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Latest news on Evofem Biosciences

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Complete news archive for Evofem Biosciences

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Frequently Asked Questions about Evofem Biosciences

Evofem Biosciences was founded in 2009.

Evofem Biosciences is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Saundra Pelletier is the current CEO of Evofem Biosciences.

Evofem Biosciences is a funded company, having raised a total of $100M across 15 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Evofem Biosciences is 32.

Annual revenue of Evofem Biosciences is $19.36M as on Dec 31, 2024.

Evofem Biosciences, Inc. is engaged in developing and commercializing innovative products for womens sexual and reproductive health. The company is recognized for its hormone-free contraceptive gel, Phexxi, which is FDA-approved and used on-demand by women. Operations are centered in the healthcare sector, specifically targeting unmet needs in contraception with localized, non-hormonal solutions. Products are designed to empower women by offering control and flexibility in reproductive choices. Market opportunities are pursued in the multi-billion dollar womens health industry, with ongoing efforts to expand internationally through partnerships.

Evofem Biosciences's top competitors include BioNTech, Aridis Pharma and Insmed.

Evofem Biosciences offers Phexxi and Solosec.

Yes, Evofem Biosciences is publicly traded on OTC under the ticker symbol EVFM.

Evofem Biosciences has 5 investors. Key investors include Aditx Therapeutics, Woodford Investment Management, Adjuvant Capital, PDL BioPharma, and Invesco.

The ticker symbol of Evofem Biosciences is EVFM on OTC.

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