Omega Therapeutics

Cambridge, United States Founded: 2016 • Age: 10 yrs
Platform for human genome study is provided for precision medicine.
Annual revenue $3.1M Latest available
Total funding $211.0M 3 rounds
Employees 93 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Omega Therapeutics

Omega Therapeutics is a company based in Cambridge (United States) founded in 2016 by David Berry. Omega Therapeutics has raised $211 million across 3 funding rounds from investors including Fidelity Investments, Mirae Asset and BlackRock. The company has 93 employees as of December 31, 2023. Omega Therapeutics operates in a competitive market with competitors including Denali Therapeutics, MiRagen, Poseida Therapeutics, Juno Therapeutics and Castle Biosciences, among others.

  • Headquarter Cambridge, United States
  • Employees 93 as on 31 Dec, 2023
  • Founders David Berry
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Omega Therapeutics, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.09 M (USD)
    49
    as on Dec 31, 2023
  • Net Profit
    -$97.43 M (USD)
    5
    as on Dec 31, 2023
  • EBITDA
    -$100.26 M (USD)
    2
    as on Dec 31, 2023
  • Total Equity Funding
    $211 M (USD)

    in 3 rounds

  • Latest Funding Round
    $126 M (USD), Series C

    Mar 30, 2021

  • Investors
  • Employee Count
    93

    as on Dec 31, 2023

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People of Omega Therapeutics

Headcount 50-200
Employee Profiles 4
Board Members and Advisors 6
Employee Profiles
People
Paul Aborn
Senior Manager, Accounting Operations
People
Benjamin Frempah
Director, Business Development
People
Justin Chen
Director

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Board Members and Advisors
people
Rainer Boehm
Director
people
Rick Young
Director
people
Noubar Afeyan
Chairman & Founder
people
John Mendlein
Director

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Funding Insights of Omega Therapeutics

Omega Therapeutics has successfully raised a total of $211M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $126 million completed in March 2021. 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 Omega Therapeutics

Omega Therapeutics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Mirae Asset and BlackRock.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Long-term private equity investments in transformational opportunities are pursued.
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Private equity fund focused on the biotechnology sector
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Life sciences-focused venture capital firm
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Investments & Acquisitions by Omega Therapeutics

Investments
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Investment portfolio details for Omega Therapeutics

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Financial Statements - Omega Therapeutics

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Detailed financials for Omega Therapeutics

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Omega Therapeutics Comparisons

Omega Therapeutics Primary company
Description
Platform for human genome study is provided for precision me...
Location
Cambridge, United States
Founded Year
2016
Annual Revenue
$3.09 M (USD)
Net Profit
-$97.43 M (USD)
EBITDA
-$100.26 M (USD)
Employees
93
As of 2023
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Peer comparison for Omega Therapeutics

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Competitors of Omega Therapeutics

Omega 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 Denali Therapeutics, MiRagen, Poseida Therapeutics, Juno Therapeutics and Castle Biosciences, among others.

Company Name Domain Founded year HQ Location Description
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Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
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MicroRNA-based therapeutics are developed for treating multiple diseases.
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Developer of gene therapies for treating cancer and liver orphan disease by using gene editing technologies
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CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
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Precision diagnostic and prognostic tests are developed by Castle Biosciences.
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Therapeutics for aging diseases are developed by targeting senescent cells.
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Detailed competitors of Omega Therapeutics

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Latest news on Omega Therapeutics

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Complete news archive for Omega Therapeutics

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Frequently Asked Questions about Omega Therapeutics

Omega Therapeutics was founded in 2016.

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

Omega Therapeutics is a funded company, having raised a total of $211M across 3 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Omega Therapeutics is 93.

Annual revenue of Omega Therapeutics is $3.09M as on Dec 31, 2023.

Omega Therapeutics was founded in 2016 and is based in Cambridge, United States. A proprietary platform known as GenomStats is employed to regulate genomic expression without modifying nucleic acid sequences. Focus is placed on precision medicine applications for rare genetic diseases, immunology, inflammation, metabolic disorders, and oncology. Operations center on advancing therapeutic solutions in the biotechnology sector.

Omega Therapeutics's top competitors include Juno Therapeutics, Poseida Therapeutics and Denali Therapeutics.

Omega Therapeutics has 8 investors. Key investors include Fidelity Investments, Mirae Asset, BlackRock, TD Securities, and Flagship Pioneering.

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