# Arpeggio Biosciences

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arpeggio-biosciences

- Industry: Biotechnology
- Headquarters: Boulder, US
- Website: www.arpeggiobio.com
- Total disclosed funding: $23M
- Latest round: Series A (Aug 3, 2022)
- Investors on record: 10

## About

Arpeggio Biosciences, Inc., based in Boulder, US, specializes in advanced transcriptomic sequencing technology, focusing on the connection between chemical compounds and biological networks to combat chronic diseases.Founded in 2017 in Boulder, US, Arpeggio Biosciences, Inc. delivers innovative solutions in transcriptomic sequencing. The company has raised a total of USD 20.24 mn, with the latest funding being a Series A round in August 2022, led by Builders VC and followed by several investors including Tencent and Khosla Ventures. The CEO, Joey Azofeifa, is among the founders, alongside Laura Norris and Robin Dowell.Arpeggio Biosciences, Inc. offers an advanced platform for transcriptomic sequencing, which generates over 250,000 chemotranscriptomes and measures more than 2.3 billion mRNAs. Their technology targets significant health challenges, including cancer and neurodegeneration, and serves clients such as pharmaceutical companies and research institutions across North America, Europe, and parts of Asia.The company generates revenue through partnerships with pharmaceutical and biotech firms, providing access to their sequencing platform and associated services. Their B2B business model includes service fees for platform access and potential revenue-sharing agreements for developed products, tailored to meet client needs.In August 2022, Arpeggio raised USD 20.24 mn in Series A funding to enhance its drug pipeline focusing on transcriptional mechanisms in disease. The company plans to further develop its product offerings and expand into new global markets, leveraging recent investments to accelerate growth initiatives.

## Funding rounds

- Series A, Aug 3, 2022, $20M — Khosla Ventures, Tencent Investment, FundersClub, TechU Ventures, ATEM Capital, Builders VC, Fifty Years, Tau Ventures, Formic Ventures
- Seed, Jan 15, 2020, $3.2M — Khosla Ventures, Y Combinator, FundersClub, TechU Ventures, Fifty Years

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A
- TechU Ventures (https://capitalatlas.ai/funds/techu-ventures) — Seed, Series A
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed, Series A
- Tencent Investment — Series A
- ATEM Capital (https://capitalatlas.ai/funds/atem-capital) — Series A
- Builders VC (https://capitalatlas.ai/funds/builders-vc) — Series A
- Tau Ventures — Series A
- Formic Ventures (https://capitalatlas.ai/funds/formic-ventures) — Series A