Formation Bio
Last verified 2026-05-05. JSON
The funding figures on this page are attributed, not sourced: a publisher is on record but no document URL is. How we mark provenance.
| Total raised | $372.0Mattributed |
|---|---|
| Latest round | series-d+, $372.0M, 2024-06-01attributed |
| Founded | 2016 |
| Headquarters | New York NY |
| Industry | biotech|ai|pharma |
| Stage | series-b+ |
| Website | formation.bio |
Formation Bio is a tech-enabled biopharma in-licensing clinical-stage assets and using AI plus automated operations to run trials faster. Patients, partner pharma, and ultimately healthcare systems benefit from compressed timelines and lower trial costs. The company runs its own clinical-development operations rather than outsourcing to CROs.
Funding rounds
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2024-06-01 | series-d+ | $372.0M | a16z |
Detected tech stack
Vercel, Next.js, Afterpay, Sanity, Sanity.io, PHP, React, Webpack, @stripe/stripe-js
Provenance
| Fact | Status | Basis |
|---|---|---|
| Series D+, $372.0M | attributed | crunchbase named as publisher. No document URL on file. |
| Total raised $372.0M | attributed | crunchbase named as publisher. No document URL on file. |
| Company existence | self-reported | formation.bio, read 2026-05-05 |
| Description | self-reported | formation.bio, read 2026-05-05 |
Nothing on this page is sourced yet. A sourced fact links to a document that states it.
Change history
No change recorded since records began on 2026-09-24.