Lodo Therapeutics

New York, United States Founded: 2015 • Age: 11 yrs Acquired By Zymergen
Developer novel therapeutics to treat resistant infectious diseases and cancers using AI

About Lodo Therapeutics

Lodo Therapeutics is a company based in New York (United States) founded in 2015 by Sean Brady was acquired by Zymergen in May 2021.. Lodo Therapeutics has raised $19.87 million across 1 funding round from investors including AbbVie, Lilly and ARE. The company has 24 employees as of December 31, 2022. Lodo Therapeutics has completed 2 acquisitions, including Conifer Point and Hibiskus. Lodo Therapeutics offers products and services including AI Models, Data Generation, and Lab Automation. Lodo Therapeutics operates in a competitive market with competitors including Insmed, Affinivax, Eligo Bioscience, Symbiomix Therapeutics and SpyBiotech, among others.

  • Headquarter New York, United States
  • Employees 24 as on 31 Dec, 2022
  • Founders Sean Brady
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lodo Therapeutics Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.87 M (USD)

    in 1 rounds

  • Latest Funding Round
    $19.87 M (USD), Series A

    Jan 04, 2017

  • Investors
    AbbVie

    & 13 more

  • Employee Count
    24

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Zymergen

    (May 28, 2021)

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Products & Services of Lodo Therapeutics

Lodo Therapeutics offers a comprehensive portfolio of products and services, including AI Models, Data Generation, and Lab Automation. 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

Provides fine-tuning for AI in biotechnology research

Generates high-quality datasets for R&D applications

Offers hardware and software for efficient lab processes

People of Lodo Therapeutics
Headcount 10-50
Employee Profiles 6
Board Members and Advisors 6
Employee Profiles
People
Subodh S. Deshmukh
Chief Development Officer
People
Jay Flatley
Chairman & Acting CEO
People
Enakshi Singh
CFO
People
Lincoln Germain
Chief Commercial Officer

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Board Members and Advisors
people
Sandi Peterson
Lead Independent Director
people
Travis Murdoch
Director
people
Christine Gorjanc
Director
people
Steven Chu
Director

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Funding Insights of Lodo Therapeutics

Lodo Therapeutics has successfully raised a total of $19.87M through 1 strategic funding round. The most recent funding activity was a Series A round of $19.87 million completed in January 2017. 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 1
  • Last Round Series A — $19.9M
  • First Round

    (04 Jan 2017)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Series A - Lodo Therapeutics Valuation

investors

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 Lodo Therapeutics

Lodo Therapeutics has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include AbbVie, Lilly and ARE. 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
Investor Description Founded Year Domain Location
Venture capital firm focused on life science companies
Founded Year Domain Location
Economic growth is supported via family-backed investments in New York.
Founded Year Domain Location
VC firm funding companies in the US
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 Lodo Therapeutics

Lodo Therapeutics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Conifer Point and Hibiskus. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Small-molecule therapeutics for cancer are developed by Hibiskus.
2017
New drugs are developed using custom fragment-based design software.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lodo Therapeutics

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

Lodo Therapeutics Comparisons

Employees
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Competitors of Lodo Therapeutics

Lodo Therapeutics 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 Insmed, Affinivax, Eligo Bioscience, Symbiomix Therapeutics and SpyBiotech, 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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of small molecule inhibitors for rare lung diseases
domain founded_year HQ Location
Technology-based conjugate vaccines against infectious diseases are developed.
domain founded_year HQ Location
In vivo gene editing technology is developed for microbiome modulation.
domain founded_year HQ Location
Late-stage biopharma antibiotics for gynecological infections are developed.
domain founded_year HQ Location
Developer of vaccines for bacterial infections and cancer by using proprietary protein superglue technology
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.

Latest news on Lodo Therapeutics

Frequently Asked Questions about Lodo Therapeutics

When was Lodo Therapeutics founded?

Lodo Therapeutics was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Lodo Therapeutics located?

Lodo Therapeutics is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Lodo Therapeutics a funded company?

Lodo Therapeutics is a funded company, having raised a total of $19.87M across 1 funding round to date. The company's 1st funding round was a Series A of $19.87M, raised on Jan 04, 2017.

How many employees does Lodo Therapeutics have?

As of Dec 31, 2022, the latest employee count at Lodo Therapeutics is 24.

What does Lodo Therapeutics do?

Lodo Therapeutics was founded in 2015 and is based in New York, United States. Operations center on the biotech sector, where a metagenomics-driven platform is employed for discovering, biosynthesizing, and characterizing genetically encoded small molecules from microbial sources. Microbiome-derived pharmaceutical products are identified, with a focus on treatments for resistant infectious diseases, cancers, and tuberculosis.

Who are the top competitors of Lodo Therapeutics?

Lodo Therapeutics's top competitors include Insmed, MaaT Pharma and Basilea.

What products or services does Lodo Therapeutics offer?

Lodo Therapeutics offers AI Models, Data Generation, and Lab Automation.

How many acquisitions has Lodo Therapeutics made?

Lodo Therapeutics has made 2 acquisitions, including Conifer Point, and Hibiskus.

Who are Lodo Therapeutics's investors?

Lodo Therapeutics has 14 investors. Key investors include AbbVie, Lilly, ARE, New York State, and Zymergen.

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