ProFound Therapeutics, Inc.

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ProFound Therapeutics, Inc. - overview

Established

2020

Location

Cambridge, MA, US

Primary Industry

Biotechnology

About

Based in Massachusetts, US, and founded in 2020, ProFound Therapeutics, Inc. engages in the discovery of a human proteome that uses protein detection technologies to develop potential new medicines. In May 2022, Flagship Pioneering launched ProFound Therapeutics, Inc. with an investment of USD 75 million.


ProFound Therapeutics, Inc. is developing a therapeutic target discovery platform with the goal of improving biotechnology. The firm approach uses modern protein detection technologies to completely identify and validate proteins, revealing the therapeutic potential. Biotech researchers have access to a functionality, and roles in health and illness.


The firm's platform takes a thorough approach to discovering possible targets for therapeutic interventions.


Current Investors

Flagship Pioneering

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Pharmaceutical Research & Development

Website

www.profoundtx.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

ProFound Therapeutics, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedProFound Therapeutics, Inc.-

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