IGM Biosciences

Mountain View, United States Founded: 2010 • Age: 16 yrs Acquired By Concentra Biosciences
Antibodies for cancer and infectious disease treatments are developed.
Annual revenue - Latest available
Total funding $102.7M 3 rounds
Employees 181 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About IGM Biosciences

IGM Biosciences is a company based in Mountain View (United States) founded in 2010 was acquired by Concentra Biosciences in July 2025. IGM Biosciences has raised $102.67 million across 3 funding rounds from investors including Haldor Topsoe, Janus Henderson Investors and Redmile Group. The company has 181 employees as of December 31, 2022. IGM Biosciences offers products and services including IgM Antibodies and Antibody Platform. IGM Biosciences operates in a competitive market with competitors including Moderna, Horizon Therapeutics, Forge Biologics, Dren Bio and argenx, among others.

  • Headquarter Mountain View, United States
  • Employees 181 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Igm Biosciences, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$195.8 M (USD)
    21
    as on Dec 31, 2024
  • EBITDA
    -$208.58 M (USD)
    21
    as on Dec 31, 2024
  • Total Equity Funding
    $102.67 M (USD)

    in 3 rounds

  • Latest Funding Round
    $120 M (USD), Post-IPO

    Jul 03, 2023

  • Investors
  • Employee Count
    181

    as on Dec 31, 2022

  • Acquired by
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Products & Services of IGM Biosciences

IGM Biosciences offers a comprehensive portfolio of products and services, including IgM Antibodies and Antibody Platform.

Product name locked
Category locked
Primary

Engineered for targeting autoimmune and inflammatory diseases effectively.

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Platform for developing IgM-based therapeutics for disease treatment.

People of IGM Biosciences

Headcount 50-200
Employee Profiles 10
Board Members and Advisors 10
Employee Profiles
People
Mary Beth Harler
Chief Executive Officer
People
Adam Shepherd
Clinical Quality Assurance
People
Liqin Liu
Sr Director, I-o Research
People
Lisa L. Decker
Chief Business Officer

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Funding Insights of IGM Biosciences

IGM Biosciences has successfully raised a total of $102.67M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $120 million completed in July 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.

Investors in IGM Biosciences

IGM Biosciences has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Haldor Topsoe, Janus Henderson Investors and Redmile Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are targeted for venture capital investments.
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Venture capital and private equity firm
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Operates as an employee-owned hedge fund focused on long/short equity strategies.
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Investor details for IGM Biosciences

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Investments & Acquisitions by IGM Biosciences

Investments
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Investment portfolio details for IGM Biosciences

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Financial Statements - IGM Biosciences

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Detailed financials for IGM Biosciences

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Igm Biosciences Comparisons

IGM Biosciences Primary company
Description
Antibodies for cancer and infectious disease treatments are ...
Location
Mountain View, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
-$195.8 M (USD)
EBITDA
-$208.58 M (USD)
Employees
181
As of 2022
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Peer comparison for IGM Biosciences

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Competitors of IGM Biosciences

IGM 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 Moderna, Horizon Therapeutics, Forge Biologics, Dren Bio and argenx, among others.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Developer of drugs for treating rare and autoimmune diseases
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Gene therapies for rare diseases are developed to treat patients.
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Therapeutic antibodies are developed for cancer, autoimmune, and serious diseases.
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Antibody-based drugs are developed for autoimmune diseases and cancer treatment.
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Developer of antibodies to treat complement-mediated neurodegenerative diseases
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Detailed competitors of IGM Biosciences

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Latest news on Igm Biosciences

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Complete news archive for IGM Biosciences

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Frequently Asked Questions about IGM Biosciences

IGM Biosciences was founded in 2010 and raised its 1st funding round 1 year after it was founded.

IGM Biosciences is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Fred M Schwarzer is the current CEO of IGM Biosciences.

IGM Biosciences is a funded company, having raised a total of $102.67M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at IGM Biosciences is 181.

IGM Biosciences was founded in 2010 in Mountain View, United States, within the biotechnology sector. Focus is placed on developing IgM and IgA antibodies that target CD20, PD-L1, CTLA-4, and death receptor 5. These antibodies are advanced for treating Non-Hodgkins lymphoma, solid tumors, HIV, and HBV. Operations emphasize immune checkpoint modulation and infectious disease control through clinical-stage programs.

IGM Biosciences's top competitors include Moderna, argenx and Forge Biologics.

IGM Biosciences offers IgM Antibodies and Antibody Platform.

IGM Biosciences has 5 investors. Key investors include Haldor Topsoe, Janus Henderson Investors, Redmile Group, Vivo Capital, and Concentra Biosciences.

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