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Formation Bio

Brand · Biotechnology Research

3.6

Company overview

Formation Bio is an AI-native pharma company differentiated by radically more efficient drug development. The company has built proprietary technology platforms to optimize critical aspects of clinical drug development, enabling more efficient trial design, faster trial completion, and higher quality trial data. Formation Bio acquires clinical-stage drugs from pharmaceutical and biotech companies with the goal to develop assets faster, unlocking greater value per program and ultimately accelerate access to new treatments for patients.2025 CNBC Disruptor 502025 Fierce 15 Award2024 Endpoints 11 Award
Founded in 2013
New York, New York, USA
190 employees (7 in marketing)
52% recommend to a friend
52% positive business outlook

Salaries

Typical salary range

$177,500 – $232,000

/ yr

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People

Headcount trend

Company growth over the last 12 months

Headcount +11.1% year over year

Funding

Total funding

$528M

Last raise

$372M

Series D, 2 years ago

Funding history

Jun 2024

Series D Formation Bio · $372M

Sep 2021

Series C Formation Bio · $156M

Oct 2018

Venture Round Formation Bio

Sep 2017

Seed Round Formation Bio

Audience

Monthly website visitors
12.6K
Month over month-5.4%
Quarter over quarter-5.4%
Top sourceDirect (46.5%)
Ad budget per month$0.0
Average search rank31
Traffic source mix
Direct
46.5%
Search
42.9%
Referral
7.1%
Social
1.8%
Paid referral
1.5%

LinkedIn followers

Follower count and growth

Total followers

44.1K

12-mo growth

+20.3%

Monthly growth

+1.5%

News

Links