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Pharmaceutical Unicorns

11 Pharmaceutical Startups that are now Unicorn Companies

If you're building a pharmaceutical startup, you must check these 11 companies that have joined the unicorn club.

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Startup Foundations

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Pharmaceutical startup, you must check these 11 companies that have joined the unicorn club.

11 Pharmaceutical Startups that are now Unicorns

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Startup Foundations

You don’t need developers to launch your startup. In this free video series, learn tactical strategies proven to deliver results. Get free access to Startup Foundations →

Alto Pharmacy

Alto Pharmacy

Alto is a telehealth pharmacy designed to make healthcare more affordable and convenient.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2015

  • Founders:

    Jamie Karraker, Mattieu Gamache-Asselin, Vlad Blumen

  • Industries:

    Consumer, Health Care, Medical, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $376,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    25

here

Brii Biosciences

Brii Biosciences

Brii Biosciences is a biotechnology company that aims to create new medicine to improve public health.

Details of the startup:

  • Valuation:

    $1.45

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2018

  • Founders:

    Zhi Hong

  • Industries:

    Biotechnology, Health Care, Innovation Management, Pharmaceutical

  • Number of employees:

    No Data

  • Funding Amount:

    $415,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    9

here

DXY

DXY

DXY is an online community that brings together the world’s top doctors, organizations, and consumers in order to provide innovative ways to improve healthcare.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2000

  • Founders:

    Jin Zhang, Tiantian Li

  • Industries:

    Consumer Software, Health Care, Life Science, Medical, mHealth, Pharmaceutical, Social Media, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $682,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    6

here

EQRx

EQRx

EQRx is a biotechnology company specializing in turning existing drugs into generic versions with greater clinical utility.

Details of the startup:

  • Valuation:

    $1.23

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2019

  • Founders:

    Alexis Borisy, Peter Bach, Sandra Horning

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $700,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    8

here

L&P Cosmetic

L&P Cosmetic

L&P Cosmetic is a dedicated team of cosmetic scientists and formulators dedicated to designing and creating the highest quality skin care products.

Details of the startup:

  • Valuation:

    $1.19

    B (

    January 2016

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2009

  • Founders:

    Kwon Oh-sub

  • Industries:

    Beauty, Cosmetics, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    ₩40,000,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Lyell Immunopharma

Lyell Immunopharma

Lyell Immunopharma is a global biotechnology company committed to improving the lives of people living with cancer.

Details of the startup:

  • Valuation:

    $2.20

    B (

    February 2019

    )

  • Country:

    United States

  • City:

    South San Francisco

  • Started in:

    2018

  • Founders:

    Rick Klausner, Scott Boyken

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $492,999,957

  • Number of funding rounds:

    1

  • Number of investors:

    No Data

here

Orca Bio

Orca Bio

Orca Bio is a fully integrated, clinical-stage company dedicated to designing, developing and commercializing cell-based therapeutics for blood cancers and other serious diseases.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2020

    )

  • Country:

    United States

  • City:

    Menlo Park

  • Started in:

    2016

  • Founders:

    Ivan Dimov, Jeroen Bekaert, Nathaniel Fernhoff, Ronald Martell

  • Industries:

    Health Care, Medical, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $192,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    10

here

Rani Therapeutics

Rani Therapeutics

Rani Therapeutics develops oral delivery technology for large molecules, including drugs that treat cancer.

Details of the startup:

  • Valuation:

    $1.00

    B (

    February 2018

    )

  • Country:

    United States

  • City:

    San Jose

  • Started in:

    2012

  • Founders:

    Mir Imran

  • Industries:

    Biotechnology, Pharmaceutical, Therapeutics

  • Number of employees:

    50-100

  • Funding Amount:

    $211,500,000

  • Number of funding rounds:

    6

  • Number of investors:

    17

here

Resilience

Resilience

Resilience is one of the top pharmaceutical outsourcing companies in the world, with a global network of manufacturing nodes and an extensive portfolio of analytical services.

Details of the startup:

  • Valuation:

    No Data

    B (

    -

    )

  • Country:

    United States

  • City:

    La Jolla

  • Started in:

    2020

  • Founders:

    No Data

  • Industries:

    Biopharma, Biotechnology, Life Science, Pharmaceutical

  • Number of employees:

    1-10

  • Funding Amount:

    $800,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    6

here

Roivant Sciences

Roivant Sciences

Roivant Sciences, Inc. is a U.S.-based biopharmaceutical company committed to developing drugs that can make a measurable difference in the lives of patients living with diseases of the central nervous system.

Details of the startup:

  • Valuation:

    $9.09

    B (

    August 2017

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2014

  • Founders:

    Vivek Ramaswamy

  • Industries:

    Biopharma, Biotechnology, Health Care, Pharmaceutical, Product Research

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,893,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    7

here

XtalPi

XtalPi

XtalPi is a software development company that takes drug R&D and uses artificial intelligence, machine learning, and artificial neural networks to create compounds that are more effective and cheaper to develop.

Details of the startup:

  • Valuation:

    No Data

    B (

    .

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2014

  • Founders:

    Jian Ma, Lipeng Lai, Shuhao Wen

  • Industries:

    Artificial Intelligence, Biotechnology, Pharmaceutical

  • Number of employees:

    50-100

  • Funding Amount:

    $386,401,702

  • Number of funding rounds:

    9

  • Number of investors:

    13

here
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