About Tourmaline Bio
Tourmaline Bio is a company based in New York (United States) founded in 2021 was acquired by Novartis in September 2025. It operates as a HealthTech. Tourmaline Bio offers products and services including Transformative Medicines. Tourmaline Bio operates in a competitive market with competitors including Biogen, ADMA Biologics, Kymeratx, BioNTech and Generate Biomedicines, among others.
- Headquarter New York, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Tourmaline Bio, Inc.
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Products & Services of Tourmaline Bio
Tourmaline Bio offers a comprehensive portfolio of products and services, including Transformative Medicines. 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.
Medicines are developed for inflammatory and immune diseases.
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Funding Insights of Tourmaline Bio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Tourmaline Bio
Tourmaline Bio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Novartis. 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.
| Investor | Description | Founded Year | Domain | Location |
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R&D focused on manufacturing of drugs for multiple therapeutic areas
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tourmaline Bio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tourmaline Bio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tourmaline Bio Comparisons
Competitors of Tourmaline Bio
Tourmaline Bio 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 Biogen, ADMA Biologics, Kymeratx, BioNTech and Generate Biomedicines, 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 |
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| domain | founded_year | HQ Location |
Therapies for neurodegenerative and immunology disorders are developed.
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Plasma-based biologics are developed for immune deficiency and infectious diseases.
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Small molecule protein degraders are developed for various disorders.
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Immunotherapeutics for cancer and other diseases are developed.
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Developer of novel protein-based therapeutics using machine learning and biological engineering
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Immunotherapeutics are developed for inflammation, fibrosis, and lung diseases.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tourmaline Bio
Frequently Asked Questions about Tourmaline Bio
When was Tourmaline Bio founded?
Tourmaline Bio was founded in 2021.
Where is Tourmaline Bio located?
Tourmaline Bio is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Tourmaline Bio do?
Tourmaline Bio is focused on the development of transformative medicines aimed at establishing new standards of care for patients with life-altering inflammatory and immune diseases. The company operates in the healthcare sector, specifically targeting areas with high unmet medical needs. Solutions are crafted by a dedicated team of entrepreneurs, physicians, and industry experts committed to advancing patient care through innovative pharmaceutical approaches.
Who are the top competitors of Tourmaline Bio?
Tourmaline Bio's top competitors include ADMA Biologics, BioNTech and Vera Therapeutics.
What products or services does Tourmaline Bio offer?
Tourmaline Bio offers Transformative Medicines.
Who are Tourmaline Bio's investors?
Tourmaline Bio has 1 investor. Key investors include Novartis.
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