Sigilon

Cambridge, United States Founded: 2015 • Age: 11 yrs Acquired By Lilly
Therapeutics for chronic diseases are developed via cell engineering platforms.
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About Sigilon

Sigilon is a company based in Cambridge (United States) founded in 2015 by Omid Veiseh was acquired by Lilly in June 2023.. Sigilon has raised $103.8 million across 3 funding rounds from investors including Lilly, BlackRock and Flagship Pioneering. The company has 66 employees as of December 31, 2021. Sigilon operates in a competitive market with competitors including Neurocrine, Crinetics, Zucara Therapeutics, MBX Biosciences and Amolyt Pharma, among others.

  • Headquarter Cambridge, United States
  • Employees 66 as on 31 Dec, 2021
  • Founders Omid Veiseh
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $103.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $80.3 M (USD), Series B

    Mar 17, 2020

  • Investors
    Lilly

    & 4 more

  • Employee Count
    66

    as on Dec 31, 2021

  • Acquired by
    Lilly

    (Jun 30, 2023)

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People of Sigilon
Headcount 50-200
Employee Profiles 21
Board Members and Advisors 8
Employee Profiles
People
Eric Shaff
Corporate Director
People
Monica Keating
Prinical Associate Scientist
People
Olivia G. Kelly
VP, Head, Islet Cell Therapy Research
People
Junianna Borgia
ICT Research Assistant

Unlock access to complete

Board Members and Advisors
people
Ulrik B. Nielsen
Advisor
people
Robert Langer
Advisor
people
Arturo Vegas
Founder
people
Michael Rosenblatt
Advisor

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Funding Insights of Sigilon

Sigilon has successfully raised a total of $103.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $80.3 million completed in March 2020. 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 3
  • Last Round Series B — $80.3M
  • First Round

    (21 Jun 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Series B - Sigilon Valuation CPP Investments
Apr, 2018 Amount Series A - Sigilon Valuation

investors

Jun, 2017 Amount Series A - Sigilon 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 Sigilon

Sigilon has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lilly, BlackRock and Flagship Pioneering. 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
Support is provided for longevity breakthrough initiatives by Longevity Vision Holding.
Founded Year Domain Location
Life sciences-focused venture capital firm
Founded Year Domain Location
Pension fund assets are managed for sustainable long-term growth.
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 Sigilon

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 - Sigilon

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

Sigilon Comparisons

Employees
+
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Competitors of Sigilon

Sigilon 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 Neurocrine, Crinetics, Zucara Therapeutics, MBX Biosciences and Amolyt Pharma, 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 therapeutics for endocrine and CNS disorders
domain founded_year HQ Location
Developer of therapies for the treatment of endocrine-related diseases and cancers
domain founded_year HQ Location
Developing a long-term therapeutic approach to prevent hypoglycemia in patients with diabetes
domain founded_year HQ Location
Drugs for rare endocrine diseases are developed and advanced.
domain founded_year HQ Location
Peptide therapeutics are developed for rare endocrine and metabolic disorders.
domain founded_year HQ Location
Immune-mediated targeted therapies for cancer are developed.
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 Sigilon

Frequently Asked Questions about Sigilon

When was Sigilon founded?

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

Where is Sigilon located?

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

Is Sigilon a funded company?

Sigilon is a funded company, having raised a total of $103.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $23.5M, raised on Jun 21, 2017.

How many employees does Sigilon have?

As of Dec 31, 2021, the latest employee count at Sigilon is 66.

What does Sigilon do?

Sigilon was founded in 2015 in Cambridge, United States, within the biotechnology sector. Therapeutics targeting chronic diseases are created using cell engineering and proprietary biocompatible materials. The Shielded Living Therapeutics (SLTx) platform is employed to address various conditions. A pipeline is maintained for rare blood disorders, lysosomal diseases, and endocrine diseases, with operations focused on therapeutic development.

Who are the top competitors of Sigilon?

Sigilon's top competitors include Crinetics, Neurocrine and Zucara Therapeutics.

Who are Sigilon's investors?

Sigilon has 5 investors. Key investors include Lilly, BlackRock, Flagship Pioneering, CPP Investments, and Longevity Vision Holding.

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