Totient

Cambridge, United States Founded: 2017 • Age: 9 yrs Acquired By AbSci
Developer of a drug discovery platform for cancer and autoimmune disease by using artificial intelligence
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About Totient

Totient is a company based in Cambridge (United States) founded in 2017 by James Sietstra and Deniz Kural was acquired by AbSci in June 2021.. Totient has raised $10.5 million across 3 funding rounds from investors including AbSci, Viva Biotech and Viva BioInnovator. The company has 26 employees as of December 31, 2022. Totient operates in a competitive market with competitors including Jazz Pharmaceuticals, BridgeBio, Spark Therapeutics, Alnylam and ATAI, among others.

  • Headquarter Cambridge, United States
  • Employees 26 as on 31 Dec, 2022
  • Founders James Sietstra, Deniz Kural
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sbgd, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.5 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    AbSci

    & 8 more

  • Employee Count
    26

    as on Dec 31, 2022

  • Acquired by
    AbSci

    (Jun 14, 2021)

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People of Totient
Headcount 200-500
Employee Profiles 24
Board Members and Advisors 5
Employee Profiles
People
Sean McClain
Founder & CEO
People
Karin Wierinck
Chief People Officer
People
Christine Lemke
SVP, Portfolio & Growth Strategy
People
Andreas Busch
Chief Innovation Officer

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Board Members and Advisors
people
Zachariah Jonasson
Chairman
people
V. Bryan Lawlis
Director
people
Gustavo Mahler
Director
people
Andy Pihl
Director

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Funding Insights of Totient

Totient has successfully raised a total of $10.5M across 3 strategic funding rounds. 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
  • First Round

    (01 Mar 2019)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Seed - Totient Valuation CerraCap Ventures
Sep, 2020 Amount Seed - Totient Valuation Tau Ventures , Kaitai Capital Management
Mar, 2019 Amount Seed - Totient Valuation Viva BioInnovator
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 Totient

Totient has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AbSci, Viva Biotech and Viva BioInnovator. 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
Angel
Investor Description Founded Year Domain Location
Early-stage tech companies in Asia and the US are funded.
Founded Year Domain Location
Seed-stage startups are funded by this venture capital firm.
Founded Year Domain Location
Kaitai Capital is engaged in innovation investment management services.
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 Totient

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 - Totient

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

Totient Comparisons

Employees
+
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Competitors of Totient

Totient 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 Jazz Pharmaceuticals, BridgeBio, Spark Therapeutics, Alnylam and ATAI, 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
Novel biopharmaceutical medicines are developed for unmet medical needs.
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
RNA interference-based therapeutics are developed for multiple disorders.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
An AI-enabled platform is developed for infectious disease treatment.
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 Totient

Frequently Asked Questions about Totient

When was Totient founded?

Totient was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Totient located?

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

Who is the current CEO of Totient?

Deniz Kural is the current CEO of Totient. They have also founded this company.

Is Totient a funded company?

Totient is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Mar 01, 2019.

How many employees does Totient have?

As of Dec 31, 2022, the latest employee count at Totient is 26.

What does Totient do?

Developer of a drug discovery platform for cancer and autoimmune disease using artificial intelligence. The company uses immunoinformatics-algorithms, machine learning techniques, and tertiary lymphoid structures (TLS) for the identification of novel tissue-specific antigens and antibodies expressed by the cancer-affected tissues. The company develops cancer therapeutics by reconstructing antibodies from tissues affected by autoimmunity, infections, and cancer. The company has developed antibodies against novel extracellular oncology targets that include GAGE1, GAGE2A, LIVIN (BIRC7), PCNA, ANXA1, C4BPB, HCLS1, GPR83, and IL14A.

Who are the top competitors of Totient?

Totient's top competitors include Jazz Pharmaceuticals, Spark Therapeutics and BridgeBio.

Who are Totient's investors?

Totient has 9 investors. Key investors include AbSci, Viva Biotech, Viva BioInnovator, CerraCap Ventures, and Tau Ventures.

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