# Goldfinch Biopharma

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goldfinch-biopharma

- Industry: Biotechnology
- Headquarters: Cambridge, US
- Website: www.goldfinchbio.com
- Total disclosed funding: $126M
- Latest round: Series B (Jun 30, 2020)
- Investors on record: 10

## About

Goldfinch Biopharma Inc. is a biopharmaceutical company focused on advancing transformative therapies for kidney diseases. Their innovative approach leverages genetic insights to develop precision treatments that address unmet medical needs.Founded in 2016 in Cambridge, US, Goldfinch Biopharma Inc. specializes in developing treatments for kidney diseases. The company has successfully raised USD 69.71 mn in Series B funding on June 30, 2020, led by Eventide Asset Management and involving investors such as BlackRock and Gilead Sciences, Inc. The firm operates globally with its headquarters in Cambridge, US.Goldfinch Biopharma Inc. offers a range of biopharmaceutical products aimed at treating kidney diseases. Their focus is on leveraging genetic insights to develop targeted therapies that can potentially improve patient outcomes. The company serves a diverse clientele, including healthcare providers and research institutions, addressing critical needs in nephrology.The company's revenue model is based on strategic partnerships and collaborations with healthcare providers and research institutions. Funding rounds have facilitated the advancement of their therapeutic candidates, establishing a framework for sustained revenue growth through future product launches and clinical trials.Goldfinch Biopharma Inc. plans to use the USD 69.71 mn raised in their Series B funding to advance their clinical trials for kidney disease therapies. The company is targeting expansion into new markets, specifically in Europe and Asia, with plans to initiate these efforts by the end of 2023. Upcoming products are being designed to enhance treatment options and are expected to be launched in the next 18-24 months.

## Funding rounds

- Series B, Jun 30, 2020, $70M — Gilead Sciences, Inc., BlackRock, Casdin Capital, Yonghua Capital, Ally Bridge Group, Eventide Asset Management, Wellington Management Company, Irving Investors, Schroder Adveq Management
- Series A, Jan 25, 2017, $56M — Third Rock Ventures

## Investors

- Third Rock Ventures (https://capitalatlas.ai/funds/third-rock-ventures) — Series A
- Gilead Sciences, Inc. — Series B
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series B
- Casdin Capital (https://capitalatlas.ai/funds/casdin-capital) — Series B
- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series B
- Ally Bridge Group (https://capitalatlas.ai/funds/ally-bridge-group) — Series B
- Eventide Asset Management (https://capitalatlas.ai/funds/eventide-asset-management) — Series B
- Wellington Management Company — Series B
- Irving Investors (https://capitalatlas.ai/funds/irving-investors) — Series B
- Schroder Adveq Management — Series B
