Akero Therapeutics, Inc.
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Akero Therapeutics, Inc. - overview
Established
2017
Location
South San Francisco, CA, US
Primary Industry
Biotechnology
About
Founded in 2017 and based in California, US, Akero Therapeutics, Inc. operates as a biotechnology that develops treatment of non-alcoholic steatohepatitis and other metabolic disorders that target the liver and adipose tissue, reducing liver fat and suppressing inflammation and fibrosis. In March 2024, Akero Therapeutics Inc. raised USD 319 million in a private placement, selling 11 million shares at USD 29 per share on the Nasdaq Global Select Market under the ticker symbol "AKRO".
Akero Therapeutics Inc. has granted the underwriters a 30-day option to purchase up to an additional 1. 65 million shares of common stock as part of the listing. Akero Therapeutics developes therapies for serious metabolic diseases, to improve patients' lives.
The company with its lead program, Efruxifermin (EFX), focuses on addressing metabolic dysfunction-associated steatohepatitis (MASH).
Current Investors
Atlas Venture, Versant Ventures, Apple Tree Partners
Primary Industry
Biotechnology
Sub Industries
Molecular Science, Genetics & Gene Therapy, Biopharmaceuticals, Pharmaceutical Research & Development
Website
www.akerotx.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Akero Therapeutics, Inc. - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - |
| EBITDA (USD) | (13,778,000) | (45,755,000) | (80,054,000) | (99,779,000) | - | - | - |
| Operating Income (USD) | (13,778,000) | (45,651,000) | (80,154,000) | (100,886,000) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - |
| NET Income (USD) | (81,714,000) | (43,755,000) | (79,207,000) | (100,777,000) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - |
Akero Therapeutics, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Public to Private, Trade Sale | Completed | Akero Therapeutics, Inc. | - |
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Akero Therapeutics, Inc. - employee data
Akero Therapeutics, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM | ||||||
| Board Of Directors | BM |
BM Board Member
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