Gelesis

company

About

Gelesis is a biotechnology company developing first-in-class therapeutics to safely treat obese, overweight, and diabetic patients.

  • 101 - 250

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$31.50M
Industries
Biotechnology,Diabetes,Health Care,Medical Device
Founded date
Feb 1, 2006
Number Of Employee
101 - 250
Operating Status
Active

Gelesis is a clinical stage biotechnology company developing first-in-class therapeutics to safely treat obese, overweight, and diabetic patients. Gelesis100, our lead product, is an orally- administered smart pill which is constructed of materials that are General Recognized as Safe (GRAS) by the Food and Drug Administration (FDA). Each Gelesis100 capsule contains thousands of hydrogel particles approximately the size of a grain of salt that expand to 100 times their dry weight. The pill is designed to act mechanically in the stomach and small intestine to increase satiety and decrease hunger, resulting in reduced caloric intake and weight loss. Gelesis was founded in 2006 in Boston, Massachusetts

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$32M
Gelesis has raised a total of $32M in funding over 2 rounds. Their latest funding was raised on Dec 18, 2015 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 18, 2015 Private Equity(PE) $31.50M 1 Detail
Dec 26, 2006 Series A $500K 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Gelesis is funded by 2 investors. Invesco and Cape Family Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Invesco Private Equity(PE)
Cape Family Fund Series A