VerImmune

Baltimore, United States Founded: 2019 • Age: 7 yrs
Cancer vaccines using immune redirection are developed.
Annual revenue - Latest available
Total funding $10.1M 4 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About VerImmune

VerImmune is a company based in Baltimore (United States) founded in 2019 by John Troyer and Joshua Wang. VerImmune has raised $10.13 million across 4 funding rounds from investors including Beiley Biofund, Proxima Ventures and Mana Ventures. VerImmune offers products and services including Anti-Tumor Immune Redirection (AIR). VerImmune operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

  • Headquarter Baltimore, United States
  • Founders John Troyer, Joshua Wang
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Verimmune, Inc
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
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
    $10.13 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.5 M (USD), Seed

    Sep 23, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of VerImmune

VerImmune offers a comprehensive portfolio of products and services, including Anti-Tumor Immune Redirection (AIR).

Product name locked
Category locked
Primary

Therapy redirects immune memory to target and destroy cancer cells.

Funding Insights of VerImmune

VerImmune has successfully raised a total of $10.13M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in September 2024. 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 VerImmune

VerImmune has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Beiley Biofund, Proxima Ventures and Mana Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment in biotechnology startups is facilitated by Beiley Biofund.
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Investments in early-stage tech firms and consumer brands are made.
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Investor details for VerImmune

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Investments & Acquisitions by VerImmune

Investments
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Investment portfolio details for VerImmune

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Financial Statements - VerImmune

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Detailed financials for VerImmune

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Verimmune Comparisons

VerImmune Primary company
Description
Cancer vaccines using immune redirection are developed.
Location
Baltimore, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for VerImmune

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Competitors of VerImmune

VerImmune 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, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, 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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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
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Small molecules are developed for cancer and skin disease treatments.
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Cancer therapies are developed using selective pathway inhibitors.
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Detailed competitors of VerImmune

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Latest news on Verimmune

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Complete news archive for VerImmune

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Frequently Asked Questions about VerImmune

VerImmune was founded in 2019 and raised its 1st funding round 1 year after it was founded.

VerImmune is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Joshua Wang is the current CEO of VerImmune. They have also founded this company.

VerImmune is a funded company, having raised a total of $10.13M across 4 funding rounds to date.

VerImmune was founded in 2019 in Baltimore, United States, as a biotechnology firm focused on oncology. Vaccines for cancer treatment are developed through Anti-tumor Immune Redirection (AIR) technology, by which pre-existing immune memory from childhood vaccines or infections is redirected against tumors. A papillomavirus nanoparticle conjugated with viral antigens has been created to support this approach. Operations center on advancing these therapeutic innovations.

VerImmune's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

VerImmune offers Anti-Tumor Immune Redirection (AIR).

VerImmune has 9 investors. Key investors include Beiley Biofund, Proxima Ventures, Mana Ventures, Gaingels, and John Ballantyne.

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