Stealth BioTherapeutics

Newton, United States Founded: 2007 • Age: 19 yrs Acquired By Morningside
Developer of peptide therapy to treat rare mitochondrial diseases and its dysfunction-related disorders
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About Stealth BioTherapeutics

Stealth BioTherapeutics is a company based in Newton (United States) founded in 2007 was acquired by Morningside in August 2022.. Stealth BioTherapeutics has raised $100 million across 2 funding rounds from investors including CMBC Capital, Morningside and Atlantis Investment. The company has 31 employees as of December 31, 2020. Stealth BioTherapeutics offers products and services including Elamipretide. Stealth BioTherapeutics operates in a competitive market with competitors including Moderna, BridgeBio, Spark Therapeutics, Mereo BioPharma and Amicus Therapeutics, among others.

  • Headquarter Newton, United States
  • Employees 31 as on 31 Dec, 2020
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Stealth Biotherapeutics Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Post-IPO

    Apr 13, 2020

  • Investors
  • Employee Count
    31

    as on Dec 31, 2020

  • Acquired by
    Morningside

    (Aug 01, 2022)

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Products & Services of Stealth BioTherapeutics

Stealth BioTherapeutics offers a comprehensive portfolio of products and services, including Elamipretide. 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

Investigational therapy to restore mitochondrial function in diseases.

People of Stealth BioTherapeutics
Headcount 50-200
Employee Profiles 25
Employee Profiles
People
Margaret Perkins
Product Launch Manager
People
Shahista Whooley
Associate Director, Clinical Development (ophthalmology)
People
Jim Carr
Chief Clinical Development Officer
People
Henry Hess
Chief Legal Counsel

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Funding Insights of Stealth BioTherapeutics

Stealth BioTherapeutics has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $20 million completed in April 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 2
  • Last Round Post-IPO — $20.0M
  • First Round

    (18 Jan 2018)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2020 Amount Post-IPO - Stealth BioTherapeutics Valuation

investors

Jan, 2018 Amount Private Equity Round - Stealth BioTherapeutics Valuation Nan Fung Life Sciences
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 Stealth BioTherapeutics

Stealth BioTherapeutics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CMBC Capital, Morningside and Atlantis Investment. 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
Multiple sectors are invested in by Morningside, a VC fund.
Founded Year Domain Location
VC firm funding companies in China and the US
Founded Year Domain Location
Private equity investments are focused on life science companies.
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 Stealth BioTherapeutics

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 - Stealth BioTherapeutics

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

Stealth Biotherapeutics Comparisons

Employees
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Competitors of Stealth BioTherapeutics

Stealth BioTherapeutics 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 Moderna, BridgeBio, Spark Therapeutics, Mereo BioPharma and Amicus 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
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
Therapeutics for cancer and rare diseases are developed.
domain founded_year HQ Location
Developer of therapies for rare and orphan diseases
domain founded_year HQ Location
Developer of therapeutics to treat rare genetic diseases
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 Stealth Biotherapeutics

Frequently Asked Questions about Stealth BioTherapeutics

When was Stealth BioTherapeutics founded?

Stealth BioTherapeutics was founded in 2007 and raised its 1st funding round 11 years after it was founded.

Where is Stealth BioTherapeutics located?

Stealth BioTherapeutics is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.

Who is the current CEO of Stealth BioTherapeutics?

Reenie McCarthy is the current CEO of Stealth BioTherapeutics.

Is Stealth BioTherapeutics a funded company?

Stealth BioTherapeutics is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Jan 18, 2018.

How many employees does Stealth BioTherapeutics have?

As of Dec 31, 2020, the latest employee count at Stealth BioTherapeutics is 31.

What does Stealth BioTherapeutics do?

Founded in 2007 and based in Newton, United States, the biotechnology company is engaged in developing peptide therapies for rare mitochondrial diseases and associated dysfunctions. Mitochondrial Carrier Technology is employed to deliver active candidates to mitochondria. The lead product, Elamipretide, functions as a tetrapeptide that stabilizes cardiolipin, thereby supporting electron transfer and inhibiting apoptosis. Applications are targeted at skeletal, ocular, and cardiorenal conditions stemming from mitochondrial impairment.

Who are the top competitors of Stealth BioTherapeutics?

Stealth BioTherapeutics's top competitors include Moderna, Spark Therapeutics and BridgeBio.

What products or services does Stealth BioTherapeutics offer?

Stealth BioTherapeutics offers Elamipretide.

Who are Stealth BioTherapeutics's investors?

Stealth BioTherapeutics has 8 investors. Key investors include CMBC Capital, Morningside, Atlantis Investment, BioVeda China Fund, and Kingdon Capital Management.

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