QurAlis

Cambridge, United States Founded: 2016 • Age: 10 yrs
Drugs and CSF devices are developed for ALS treatment.
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About QurAlis

QurAlis is a company based in Cambridge (United States) founded in 2016 by Clifford J Woolf and Kasper Roet.. QurAlis has raised $155.45 million across 7 funding rounds from investors including Amgen, EQT and HHS. The company has 38 employees as of December 31, 2022. QurAlis offers products and services including FlexASO® Platform and QRL-101. QurAlis operates in a competitive market with competitors including Insitro, BridgeBio, ATAI, Forge Biologics and Spark Therapeutics, among others.

  • Headquarter Cambridge, United States
  • Employees 38 as on 31 Dec, 2022
  • Founders Clifford J Woolf, Kasper Roet
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Quralis Corporation
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $155.45 M (USD)

    in 7 rounds

  • Latest Funding Round
    $19.95 M (USD), Series B

    Aug 21, 2025

  • Investors
    Amgen

    & 18 more

  • Employee Count
    38

    as on Dec 31, 2022

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Products & Services of QurAlis

QurAlis offers a comprehensive portfolio of products and services, including FlexASO® Platform and QRL-101. 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

Proprietary platform for anti-sense oligonucleotide therapies

Therapy targeting Kv7 for ALS treatment

People of QurAlis
Headcount 10-50
Employee Profiles 31
Board Members and Advisors 18
Employee Profiles
People
Manoj Malhotra
Chief Medical Officer
People
Megan Johnson
Associate Director, Clinical Operations
People
Jennifer Mason
Executive Assistant
People
Chris Thomajan
Chief Financial Officer

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Board Members and Advisors
people
Brian J. Wainger
Scientific Advisor
people
Christopher Shaw
Scientific Advisor
people
Amy Schulman
Director
people
Luc Dochez
Director

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Funding Insights of QurAlis

QurAlis has successfully raised a total of $155.45M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $19.95 million completed in August 2025. 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 7
  • Last Round Series B — $20.0M
  • First Round

    (05 Apr 2018)

  • Investors Count 19
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2025 Amount Series B - QurAlis Valuation

investors

Mar, 2023 Amount Series B - QurAlis Valuation EQT , Sanofi Ventures
Sep, 2022 Amount Grant - QurAlis Valuation

investors

HHS
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 QurAlis

QurAlis has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Amgen, EQT and HHS. 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
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
Private equity investments in life sciences businesses are managed.
Founded Year Domain Location
Life-Sciences focused Early stage Corporate VC Firm investing 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 QurAlis

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

Financial Statements - QurAlis

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

Quralis Comparisons

Employees
+
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Competitors of QurAlis

QurAlis 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 Insitro, BridgeBio, ATAI, Forge Biologics and Spark Therapeutics, 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
An AI-enabled platform is developed for infectious disease treatment.
domain founded_year HQ Location
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
Gene therapies for rare diseases are developed to treat patients.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
Provider of cell therapies to treat cancer and hematologic conditions
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.

Frequently Asked Questions about QurAlis

When was QurAlis founded?

QurAlis was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is QurAlis located?

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

Who is the current CEO of QurAlis?

Kasper Roet is the current CEO of QurAlis. They have also founded this company.

Is QurAlis a funded company?

QurAlis is a funded company, having raised a total of $155.45M across 7 funding rounds to date. The company's 1st funding round was a Grant of $300K, raised on Apr 05, 2018.

How many employees does QurAlis have?

As of Dec 31, 2022, the latest employee count at QurAlis is 38.

What does QurAlis do?

QurAlis is engaged in discovering and developing new therapies for amyotrophic lateral sclerosis (ALS), which is a common form of motor neuron disease. The company has developed Optopatch technology which helps in stimulating the neurons and notes their electrical behavior. Their proprietary method clears toxic proteins and transcranial magnetic stimulation helps in diagnosing ALS by identifying biomarkers such as protein in the blood. In addition, other therapeutic targets like nerve threshold tracking, proteins in the cerebral spinal fluid helps to predict ALS. The company has a preclinical-stage program for ALS drugs targeting the Kv7.27.3 channel CSF cartridge device to remove DPR proteins.

Who are the top competitors of QurAlis?

QurAlis's top competitors include Spark Therapeutics, BridgeBio and Forge Biologics.

What products or services does QurAlis offer?

QurAlis offers FlexASO® Platform and QRL-101.

Who are QurAlis's investors?

QurAlis has 19 investors. Key investors include Amgen, EQT, HHS, Life Sciences Partners, and Viva BioInnovator.

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