Elcelyx Therapeutics

company

About

Elcelyx Therapeutics is developing nutrient sensing-based products for weight management and obesity-related metabolic disorders.

  • San Diego,California,United States
  • 1 - 10

Details

Last Funding Type
Series C
Last Funding Money Raised
$24.72M
Industries
Biotechnology,Health Care,Health Diagnostics
Founded date
Jan 1, 2010
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Elcelyx Therapeutics, Inc.

Elcelyx was founded in 2010 with venture capital backing based on Gut Sensory Modulation (GSM) technology. Elcelyx’s proprietary, first-in-class Gut Sensory Modulators are delivered directly to the lower gut where they act on molecular targets to elicit physiological and pharmacological effects.

The Elcelyx proprietary product candidate, NewMet for Type 2 diabetes is entering Phase 2b development and is a blockbuster opportunity designed to address the unmet needs in the oral anti-diabetic market.

Elcelyx is led by an experienced management team and Board of Directors with track records of success in drug development and commercialization. Premier investors along with seasoned scientists and clinicians support the team.

In September 2013, Elcelyx announced the formation of NaZura BioHealth Inc, a separate company established to focus on the development on non-NewMet assets.

Elcelyx is headquartered in San Diego, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$96.84M
Elcelyx Therapeutics has raised a total of $96.84M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2015 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2015 Series E $40M 7 Sailing Capital Detail
Feb 23, 2015 Series D $5.80M Detail
Feb 20, 2014 Series C $24.72M 4 Detail
Dec 20, 2012 Series B $21.12M Detail
Aug 13, 2012 Series B $4M 3 Detail

Investors

Number of Lead Investors
Number of Investors
1
7
Elcelyx Therapeutics is funded by 7 investors. Sailing Capital and GSM Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Sailing Capital Yes Series E
GSM Fund Series E
Clough Capital Partners Series E
Kleiner Perkins Series E
Lightstone Ventures Series E
Morgenthaler Ventures Series E
Technology Partners Series E

Employee Profiles

Number of Employee Profiles
3
Elcelyx Therapeutics has 3 current employee profiles, including Board member Jim Glasheen
Board member
Board member
Board member