Spero Therapeutics

Cambridge, United States Founded: 2013 • Age: 13 yrs
Therapeutics for drug-resistant bacterial infections are developed.
Annual revenue $27.4M Latest available
Total funding $114.7M 13 rounds
Employees 32 Tracked headcount
Investors 15 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Spero Therapeutics

Spero Therapeutics is a company based in Cambridge (United States) founded in 2013 by Milind Deshpande. Spero Therapeutics has raised $114.7 million across 13 funding rounds from investors including Pfizer, HHS and RA Capital. The company has 32 employees as of December 31, 2024. Spero Therapeutics offers products and services including Tebipenem HBr and SPR720. Spero Therapeutics operates in a competitive market with competitors including Nabriva, Melinta Therapeutics, Iterum Therapeutics, Adaptive Phage Therapeutics and Paratek Pharma, among others.

  • Headquarter Cambridge, United States
  • Employees 32 as on 31 Dec, 2024
  • Founders Milind Deshpande
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Spero Therapeutics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.4 M (USD)
    -71.68
    as on Dec 31, 2024
  • Net Profit
    -$68.57 M (USD)
    -400.65
    as on Dec 31, 2024
  • EBITDA
    -$93.06 M (USD)
    -562.82
    as on Dec 31, 2024
  • Total Equity Funding
    $114.7 M (USD)

    in 13 rounds

  • Latest Funding Round
    $9 M (USD), Post-IPO

    Nov 14, 2022

  • Investors
    Pfizer

    & 14 more

  • Employee Count
    32

    as on Dec 31, 2024

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IPO & Listings of Spero Therapeutics

Spero Therapeutics is a publicly listed company on the NASDAQ with ticker symbol SPRO in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: SPRO · Sector: Health technology · USA

Products & Services of Spero Therapeutics

Spero Therapeutics offers a comprehensive portfolio of products and services, including Tebipenem HBr and SPR720.

Product name locked
Category locked
Primary

Investigational oral carbapenem for urinary tract infections treatment.

Product name locked
Category locked
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Potential treatment for multidrug-resistant bacterial infections.

People of Spero Therapeutics

Headcount 50-200
Employee Profiles 33
Board Members and Advisors 5
Employee Profiles
People
Tregoning Prior
Director
People
Ian Critchley
Vice President, Head Of Clinical Microbiology
People
Hugo Lemessurier
Director
People
Sath Shukla
President & CEO

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Board Members and Advisors
people
Milind Deshpande
Co-founder And Board Member
people
Patrick Vink
Director
people
Kathleen Tregoning
Director
people
Cynthia Smith
Member Board Of Directors

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Funding Insights of Spero Therapeutics

Spero Therapeutics has successfully raised a total of $114.7M across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $9 million completed in November 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 Spero Therapeutics

Spero Therapeutics has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Pfizer, HHS and RA Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on solutions targeting resistant micro-organisms
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Corporate backed venture capital fund investing in multiple sectors
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Early-stage and late-stage biotech and finance companies are funded.
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Investor details for Spero Therapeutics

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Investments & Acquisitions by Spero Therapeutics

Investments
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Investment portfolio details for Spero Therapeutics

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Financial Statements - Spero Therapeutics

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Detailed financials for Spero Therapeutics

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Spero Therapeutics Comparisons

Spero Therapeutics Primary company
Description
Therapeutics for drug-resistant bacterial infections are dev...
Location
Cambridge, United States
Founded Year
2013
Annual Revenue
$27.4 M (USD)
Net Profit
-$68.57 M (USD)
EBITDA
-$93.06 M (USD)
Employees
32
As of 2024
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Peer comparison for Spero Therapeutics

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Competitors of Spero Therapeutics

Spero 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 Nabriva, Melinta Therapeutics, Iterum Therapeutics, Adaptive Phage Therapeutics and Paratek Pharma, among others.

Company Name Domain Founded year HQ Location Description
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Pleuromutilin antibiotics are developed for MDR infections.
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Developer of bacterial ribosome-targeting drugs for MDR infections
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Developer of antibiotics for MDR infections
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Therapies for multi-drug resistant infections are developed using bacteriophages.
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Therapeutics for antimicrobial resistant infections are developed.
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Detailed competitors of Spero Therapeutics

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Latest news on Spero Therapeutics

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Complete news archive for Spero Therapeutics

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Frequently Asked Questions about Spero Therapeutics

Spero Therapeutics was founded in 2013.

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

Spero Therapeutics is a funded company, having raised a total of $114.7M across 13 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Spero Therapeutics is 32.

Annual revenue of Spero Therapeutics is $27.4M as on Dec 31, 2024.

Developer of therapeutics for drug-resistant bacterial infections. It offers a portfolio of novel product candidates which includes Tebipenem HBr, an oral carbapenem for pediatric infections, SPR720, an oral antimicrobial agent for the treatment of non-tuberculous mycobacterial lung disease, and SPR206, an intravenous (IV)-administered next-generation polymyxin analog for gram-negative bacterial infections.

Spero Therapeutics's top competitors include Melinta Therapeutics, Vedanta Biosciences and Cubist Pharmaceuticals.

Spero Therapeutics offers Tebipenem HBr and SPR720.

Yes, Spero Therapeutics is publicly traded on NASDAQ under the ticker symbol SPRO.

Spero Therapeutics has 15 investors. Key investors include Pfizer, HHS, RA Capital, CARB-X, and Atlas Venture.

The ticker symbol of Spero Therapeutics is SPRO on NASDAQ.

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