Orna

Cambridge, United States Founded: 2020 • Age: 6 yrs Acquired By Lilly
Technologies for producing circular RNA therapeutics are developed.
Annual revenue - Latest available
Total funding $201.0M 2 rounds
Employees 113 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Orna

Orna is a company based in Cambridge (United States) founded in 2020 by Alexander Wesselhoeft was acquired by Lilly in February 2026. Orna has raised $201 million across 2 funding rounds from investors including Lilly, Novartis and Merck. The company has 113 employees as of December 31, 2022. Orna has completed 1 acquisition, including ReNAgade. Orna offers products and services including oRNA, panCAR, and LNP Delivery. Orna operates in a competitive market with competitors including Dicerna Pharmaceuticals, OliX Pharmaceuticals, Envisagenics, Rznomics and Arcturus Therapeutics, among others.

  • Headquarter Cambridge, United States
  • Employees 113 as on 31 Dec, 2022
  • Founders Alexander Wesselhoeft
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Orna Therapeutics, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $201 M (USD)

    in 2 rounds

  • Latest Funding Round
    $121 M (USD), Series B

    Aug 14, 2022

  • Investors
    Lilly

    & 10 more

  • Employee Count
    113

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Lilly

    (Feb 09, 2026)

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Products & Services of Orna

Orna offers a comprehensive portfolio of products and services, including oRNA, panCAR, and LNP Delivery.

Product name locked
Category locked
Primary

Engineered circular RNA for enhanced protein expression in disease treatment.

Product name locked
Category locked
Locked

In vivo system for cancer cell therapy without preconditioning.

Product name locked
Category locked
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Lipid nanoparticles for targeted RNA delivery beyond the liver.

People of Orna

Headcount 10-50
Employee Profiles 24
Board Members and Advisors 5
Employee Profiles
People
William Shen
Chief Business Officer
People
Omer A. Chaudhry
Scientist, CMC
People
Thomas M. Barnes
CEO
People
Liz Molano
Head Of People And Culture

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Board Members and Advisors
people
Morana Jovan-Embiricos
Director
people
Daniel Anderson
Director
people
Brian Goodman
Director
people
Ansbert Gadicke
Chairman

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Funding Insights of Orna

Orna has successfully raised a total of $201M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $121 million completed in August 2022. 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 Orna

Orna has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Lilly, Novartis and Merck.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Locked Locked Locked
Taiho Ventures is focused on investing in global biotech ventures.
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Investor details for Orna

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Investments & Acquisitions by Orna

Orna has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ReNAgade.

Investments
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Investment portfolio details for Orna

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
RNA-based medicines are developed for treating multiple diseases.
Locked Locked 2021 Locked
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Complete acquisition details for Orna

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Financial Statements - Orna

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Detailed financials for Orna

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Orna Comparisons

Orna Primary company
Description
Technologies for producing circular RNA therapeutics are dev...
Location
Cambridge, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
113
As of 2022
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Peer comparison for Orna

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Competitors of Orna

Orna 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 Dicerna Pharmaceuticals, OliX Pharmaceuticals, Envisagenics, Rznomics and Arcturus Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Drugs are developed using RNA interference technology platform.
Locked Locked Locked
RNAi therapeutics are developed for dermal, ophthalmic, and pulmonary diseases.
Locked Locked Locked
RNA splicing therapeutics are discovered and developed through AI-driven biotechnology.
Locked Locked Locked
Developer of drugs for anti-cancer and refractory diseases based on RNA Platform technology
Locked Locked Locked
RNAi technologies are developed for treating rare orphan diseases.
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Detailed competitors of Orna

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Latest news on Orna

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Complete news archive for Orna

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Orna

Orna was founded in 2020 and raised its 1st funding round 1 year after it was founded.

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

Tom Barnes is the current CEO of Orna.

Orna is a funded company, having raised a total of $201M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Orna is 113.

Orna was founded in 2020 in Cambridge, United States, within the biotechnology sector focused on RNA therapeutics. Purification methods, IRES technology for protein expression, and lipid nanoparticle formulations are developed by the company. RNA viruses and enzymes are utilized to enable production, delivery, and gene expression in the human body. Therapeutics targeting cancer, autoimmune diseases, regenerative medicine, and genetic disorders are being advanced.

Orna offers oRNA, panCAR, and LNP Delivery.

Orna has made 1 acquisition, including ReNAgade.

Orna has 11 investors. Key investors include Lilly, Novartis, Merck, Kite Pharma, and Bristol-Myers Squibb.

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