Obsidian Therapeutics

Cambridge, United States Founded: 2015 • Age: 11 yrs
Engineered cell and gene therapies are developed for multiple diseases.
Annual revenue $640 Latest available
Total funding $325.0M 3 rounds
Employees 80 Tracked headcount
Investors 25 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Obsidian Therapeutics

Obsidian Therapeutics is a company based in Cambridge (United States) founded in 2015. It operates as a HealthTech. Obsidian Therapeutics has raised $325 million across 3 funding rounds from investors including Amgen, TD Securities and Citadel. The company has 80 employees as of December 31, 2022. Obsidian Therapeutics offers products and services including OBX-115 and cytoDRiVE® Platform. Obsidian Therapeutics operates in a competitive market with competitors including BeiGene, Serum Institute of India, Senti Biosciences, TScan Therapeutics and Vir Biotechnology, among others.

  • Headquarter Cambridge, United States
  • Employees 80 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
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  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Obsidian Therapeutics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $639.91 (USD)
    -47
    as on Jul 31, 2023
  • Net Profit
    -$612.02 (USD)
    -146
    as on Jul 31, 2023
  • EBITDA
    Not available
  • Total Equity Funding
    $325 M (USD)

    in 3 rounds

  • Latest Funding Round
    $160.5 M (USD), Series C

    Apr 03, 2024

  • Investors
    Amgen

    & 24 more

  • Employee Count
    80

    as on Dec 31, 2022

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Products & Services of Obsidian Therapeutics

Obsidian Therapeutics offers a comprehensive portfolio of products and services, including OBX-115 and cytoDRiVE® Platform.

Product name locked
Category locked
Primary

An investigational therapy for advanced melanoma treatment.

Product name locked
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A platform for controlling therapeutic protein functions.

People of Obsidian Therapeutics

Headcount 10-50
Employee Profiles 39
Board Members and Advisors 15
Employee Profiles
People
Parameswaran Hari
Chief Development Officer
People
Madan Jagasia
CEO
People
Kirsten Kester
SVP, Business Development
People
Rachel Burga
Associate Director

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Board Members and Advisors
people
Matthew Norkunas
Director
people
Maria Fardis
Executive Chair
people
Peter Barrett
Director
people
Cariad Chester
Director

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Funding Insights of Obsidian Therapeutics

Obsidian Therapeutics has successfully raised a total of $325M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $160.5 million completed in April 2024. 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 Obsidian Therapeutics

Obsidian Therapeutics has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include Amgen, TD Securities and Citadel.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage investment firm invests in healthcare and life sciences companies
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Multiple sectors are targeted for venture capital investments.
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Private equity and venture capital fund focused on the healthcare sector
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Investor details for Obsidian Therapeutics

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Investments & Acquisitions by Obsidian Therapeutics

Investments
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Investment portfolio details for Obsidian Therapeutics

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Financial Statements - Obsidian Therapeutics

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Detailed financials for Obsidian Therapeutics

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Obsidian Therapeutics Comparisons

Obsidian Therapeutics Primary company
Description
Engineered cell and gene therapies are developed for multipl...
Location
Cambridge, United States
Founded Year
2015
Annual Revenue
$639.91 (USD)
Net Profit
-$612.02 (USD)
EBITDA
Not available
Employees
80
As of 2022
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Peer comparison for Obsidian Therapeutics

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Competitors of Obsidian Therapeutics

Obsidian 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 BeiGene, Serum Institute of India, Senti Biosciences, TScan Therapeutics and Vir Biotechnology, among others.

Company Name Domain Founded year HQ Location Description
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Vaccines and immuno-biological drugs for infectious diseases are manufactured.
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Cell-based therapies for cancer treatment are developed.
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T cell-based treatments for immunological and oncological disorders are developed.
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Developer of therapeutics for the treatment of infectious diseases
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Immunotherapeutics for cancer and other diseases are developed.
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Detailed competitors of Obsidian Therapeutics

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Latest news on Obsidian Therapeutics

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Complete news archive for Obsidian Therapeutics

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Frequently Asked Questions about Obsidian Therapeutics

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

Obsidian Therapeutics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Michael Gilman is the current CEO of Obsidian Therapeutics.

Obsidian Therapeutics is a funded company, having raised a total of $325M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Obsidian Therapeutics is 80.

Annual revenue of Obsidian Therapeutics is $639.91 as on Jul 31, 2023.

Obsidian Therapeutics is engaged in pioneering cell and gene therapy solutions. The company is recognized for leading the next generation of engineered therapeutics. Its proprietary cytoDRiVE platform is utilized to control protein function with FDA-approved small molecules. A novel pipeline of therapeutics is being developed, including the lead clinical program OBX-115 for advanced melanoma. Collaborations are established to enable discovery of innovative therapies. The focus is placed on precision medicines to address patient needs across various healthcare sectors.

Obsidian Therapeutics's top competitors include BeiGene, BioNTech and Senti Biosciences.

Obsidian Therapeutics offers OBX-115 and cytoDRiVE® Platform.

Obsidian Therapeutics has 25 investors. Key investors include Amgen, TD Securities, Citadel, Janus Henderson Investors, and RTW Investments.

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