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
Annual revenue - Latest available
Total funding $100.0M 2 rounds
Employees 31 Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

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
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  • Phone
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  • Website
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  • Social
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  • Legal Name Stealth Biotherapeutics Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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.

Product name locked
Category locked
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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by Morningside, a VC fund.
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VC firm funding companies in China and the US
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Private equity investments are focused on life science companies.
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Investor details for Stealth BioTherapeutics

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Investments & Acquisitions by Stealth BioTherapeutics

Investments
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Investment portfolio details for Stealth BioTherapeutics

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Financial Statements - Stealth BioTherapeutics

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Stealth Biotherapeutics Comparisons

Stealth BioTherapeutics Primary company
Description
Developer of peptide therapy to treat rare mitochondrial dis...
Location
Newton, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
31
As of 2020
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Peer comparison for Stealth BioTherapeutics

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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.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Therapeutics for genetic diseases are developed through targeted interventions.
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Gene therapies for rare diseases including retinal dystrophies are developed.
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Therapeutics for cancer and rare diseases are developed.
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Developer of therapies for rare and orphan diseases
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Developer of therapeutics to treat rare genetic diseases
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Detailed competitors of Stealth BioTherapeutics

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Latest news on Stealth Biotherapeutics

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Complete news archive for Stealth BioTherapeutics

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Frequently Asked Questions about Stealth BioTherapeutics

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

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

Reenie McCarthy is the current CEO of Stealth BioTherapeutics.

Stealth BioTherapeutics is a funded company, having raised a total of $100M across 2 funding rounds to date.

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

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.

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

Stealth BioTherapeutics offers Elamipretide.

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

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