United States · Series D startup

Who invested in Formation Bio

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Valuation: $1.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$372Mraised across 1 round since 2024, from 1 source

Latest round
Series D, $372MJun 2024
Investors
7
See who backed them

The rounds

  1. Jun 2024

Founders and team

From Formation Bio's own website: 3 founders, 5 on the team.

Ben LiuCEO & Co-Founder
Clinical TrialsFrom the Founder
Linhao ZhangCo-Founder
  • Michael EhlersChief Scientific Officer & Head of R&D
  • Dan NeilChief Technology Officer
  • David SteinbergChief Business Officer
  • James LeslieChief Financial Officer
  • Sean ChildersGeneral Counsel

Everyone who backed them

Sequoia CapitalVC firm1round
Andreessen HorowitzVC firm1round
SV AngelVC firm1round
FelicisVC firm1round
Spark CapitalVC firm1round
Thrive CapitalFamily office1round
FPV VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Formation Bio

Who invested in Formation Bio?

Formation Bio's investors include Sequoia Capital, Andreessen Horowitz, SV Angel, Felicis and Spark Capital, and 2 more on record.

How much has Formation Bio raised?

Formation Bio has raised $372M across 1 round since 2024.

When did Formation Bio last raise?

Formation Bio's most recent round was a Series D of $372M in Jun 2024.

What was Formation Bio's biggest round?

Its most recent round, $372M in Jun 2024, is also its largest on record.

Who backed Formation Bio first?

Formation Bio's first round on record, in Jun 2024, was backed by Sequoia Capital, Andreessen Horowitz and SV Angel and 4 others.

What stage is Formation Bio at?

Formation Bio's latest named round is a Series D, in Jun 2024.

Where is Formation Bio based?

Formation Bio is based in the United States.

Companies like Formation Bio

In the same sector, and raised in the last eighteen months.

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