Frequency Therapeutics Overview
- Year Founded
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2015
- Status
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Acquired/Merged
- Employees
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48
- Latest Deal Type
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M&A
Frequency Therapeutics General Information
Description
Frequency Therapeutics Inc is a clinical-stage biotechnology company focused on harnessing the body's innate biology to repair or reverse damage caused by degenerative diseases. Its Progenitor Cell Activation approach uses combinations of molecules to activate progenitor cells within the body to create functional tissue. Its product candidate FX-322 is being developed for treating sensorineural hearing loss.
Contact Information
Website
www.frequencytx.comCorporate Office
- 75 Hayden Avenue
- Suite 300
- Lexington, MA 02421
- United States
Corporate Office
- 75 Hayden Avenue
- Suite 300
- Lexington, MA 02421
- United States
Frequency Therapeutics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 03-Nov-2023 | Completed | Generating Revenue | |||
| 8. PIPE | 20-Jul-2020 | Completed | Generating Revenue | |||
| 7. IPO | 03-Oct-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 18-Jul-2019 | Completed | Clinical Trials - Phase 2 | |||
| 5. Grant | 31-Dec-2018 | Completed | Clinical Trials - Phase 2 | |||
| 4. Early Stage VC (Series B) | 31-Oct-2018 | Completed | Clinical Trials - Phase 2 | |||
| 3. Grant | 30-May-2018 | Completed | Clinical Trials - Phase 2 | |||
| 2. Early Stage VC (Series A) | 05-Jan-2018 | $32M | $43M | Completed | Startup | |
| 1. Early Stage VC | $11M | $11M | Completed | Startup |
Frequency Therapeutics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | 10,000 | $0.001000 | 8% | $0.75 | $0.75 | 1x | $0.75 | 0% |
| Series A | 64,891,735 | $0.001000 | 8% | $0.75 | $0.75 | 1x | $0.75 | 30.68% |
Frequency Therapeutics Comparisons
Industry
Financing
Details
Frequency Therapeutics Competitors (31)
One of Frequency Therapeutics’s 31 competitors is Neurona Therapeutics, a Formerly VC-backed company based in South San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Neurona Therapeutics | Formerly VC-backed | South San Francisco, CA | ||||
| Oligomerix | Venture Capital-Backed | Bronx, NY | ||||
| Autifony Therapeutics | Formerly VC-backed | Stevenage, United Kingdom | ||||
| Rinri Therapeutics | Venture Capital-Backed | Sheffield, United Kingdom | ||||
| Contineum Therapeutics | Formerly VC-backed | San Diego, CA |
Frequency Therapeutics Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Frequency Therapeutics Signals
Growth Rate
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Similarweb Unique Visitors
Majestic Referring Domains
Frequency Therapeutics Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alexandria Venture Investments | Venture Capital | Minority | ||
| Axil Capital Partners | Venture Capital | Minority | ||
| Cobro Ventures | Venture Capital | Minority | ||
| DF Investments One | Lender/Debt Provider | Minority | ||
| Deerfield Management | Venture Capital | Minority |
Frequency Therapeutics Acquisitions (1)
Frequency Therapeutics’s most recent deal was a Reverse Merger with Korro Bio. The deal was made on 03-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Korro Bio | 03-Nov-2023 | Reverse Merger | Drug Discovery |
Frequency Therapeutics ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
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Frequency Therapeutics FAQs
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When was Frequency Therapeutics founded?
Frequency Therapeutics was founded in 2015.
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Where is Frequency Therapeutics headquartered?
Frequency Therapeutics is headquartered in Lexington, MA.
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What is the size of Frequency Therapeutics?
Frequency Therapeutics has 48 total employees.
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What industry is Frequency Therapeutics in?
Frequency Therapeutics’s primary industry is Drug Discovery.
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Is Frequency Therapeutics a private or public company?
Frequency Therapeutics is a Private company.
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What is Frequency Therapeutics’s current revenue?
The current revenue for Frequency Therapeutics is .
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How much funding has Frequency Therapeutics raised over time?
Frequency Therapeutics has raised $273M.
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Who are Frequency Therapeutics’s investors?
Alexandria Venture Investments, Axil Capital Partners, Cobro Ventures, DF Investments One, and Deerfield Management are 5 of 20 investors who have invested in Frequency Therapeutics.
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Who are Frequency Therapeutics’s competitors?
Neurona Therapeutics, Oligomerix, Autifony Therapeutics, Rinri Therapeutics, and Contineum Therapeutics are some of the 31 competitors of Frequency Therapeutics.
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When was Frequency Therapeutics acquired?
Frequency Therapeutics was acquired on 03-Nov-2023.
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Who acquired Frequency Therapeutics?
Frequency Therapeutics was acquired by Korro Bio.
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