IgGenix

San Francisco, United States Founded: 2019 • Age: 7 yrs
Therapeutic solutions for food allergies are developed via antibody platforms.
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About IgGenix

IgGenix is a company based in San Francisco (United States) founded in 2019 by Stephen Quake and Kari Nadeau.. IgGenix has raised $75 million across 3 funding rounds from investors including Lilly, ARE and Khosla Ventures. IgGenix offers products and services including IGNX001 and SEQ SIFTER. IgGenix operates in a competitive market with competitors including BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

  • Headquarter San Francisco, United States
  • Founders Stephen Quake, Kari Nadeau
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iggenix, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Medical Devices & Diagnostics
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $40 M (USD), Series B

    Feb 06, 2023

  • Investors
    Lilly

    & 6 more

  • Employee Count
    Employee Count
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Products & Services of IgGenix

IgGenix offers a comprehensive portfolio of products and services, including IGNX001 and SEQ SIFTER. 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

Injectable treatment that blocks allergic reactions for peanut allergy

RNA-sequencing tool for identifying rare antibodies in human blood samples

People of IgGenix
Headcount 10-50
Employee Profiles 7
Board Members and Advisors 8
Employee Profiles
People
Derek Croote
CTO
People
Jessica Grossman
CEO
People
Joyce Wong
Antibody Engineering Scientist
People
Laurence Nore
EVP, Business Development & Operations

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Funding Insights of IgGenix

IgGenix has successfully raised a total of $75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in February 2023. 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 — $40.0M
  • First Round

    (04 Aug 2020)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2023 Amount Series B - IgGenix Valuation Alexandria
Jul, 2021 Amount Series A - IgGenix Valuation Khosla Ventures , Matthias Westman
Aug, 2020 Amount Series A - IgGenix Valuation Khosla Ventures
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 IgGenix

IgGenix has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Lilly, ARE and Khosla 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Founded Year Domain Location
Venture capital investments are focused on food allergy solutions.
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 IgGenix

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 - IgGenix

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

Iggenix Comparisons

Employees
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Competitors of IgGenix

IgGenix 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 BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, 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.

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An AI-enabled platform is developed for infectious disease treatment.
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Therapeutics for rare and ultra-rare metabolic 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.

Frequently Asked Questions about IgGenix

When was IgGenix founded?

IgGenix was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is IgGenix located?

IgGenix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is IgGenix a funded company?

IgGenix is a funded company, having raised a total of $75M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Aug 04, 2020.

What does IgGenix do?

IgGenix was founded in 2019 and is based in San Francisco, United States. Operations focus on the biotechnology sector, where antibody-based therapeutic platforms are developed to address food allergies. Single-cell genomic technology is utilized to analyze rare human B cells that bind allergens. Immune-modulating activities from the IgG antibody class are incorporated to suppress allergic reactions and monitor conditions.

Who are the top competitors of IgGenix?

IgGenix's top competitors include Spark Therapeutics, BridgeBio and argenx.

What products or services does IgGenix offer?

IgGenix offers IGNX001 and SEQ SIFTER.

Who are IgGenix's investors?

IgGenix has 7 investors. Key investors include Lilly, ARE, Khosla Ventures, AllerFund, and Sean Parker.

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