Scipher Medicine

Scipher Medicine is a precision immunology company matching each patient with their most effective therapy.

General Information
Company Name
Scipher Medicine
Founded Year
2015
Location (Offices)
Waltham, United States +1
Founders / Decision Makers
Number of Employees
87
Industries
Biotechnology, Health Care
Funding Stage
Series D
Social Media

Scipher Medicine - Company Profile

Scipher Medicine is a precision immunology company that aims to revolutionize patient treatment. Founded in 2014, the company's slogan "Scipher Medicine is a precision immunology company matching each patient with their most effective therapy" reflects its core mission. The traditional approach to prescribing blockbuster therapies often leads to ineffective treatment for many patients, resulting in significant financial losses for the healthcare industry while patients continue to suffer. Scipher Medicine addresses this challenge by leveraging a platform that identifies the most suitable drug for a patient based on their fundamental disease biology, rather than relying on symptoms, disease classification, or medical bias. Through a simple test, they predict which drug a patient will respond to, ensuring the prescription of the most optimal treatment from the onset. The molecular data generated by their tests also fuel novel target discovery to address unmet medical needs in patients who do not respond to existing therapies. This innovative approach has attracted significant interest from investors, with the latest Series D investment of $110.00M secured on 24 February 2022. The investment was led by a consortium of prominent investors including Khosla Ventures, Optum Ventures, Alumni Ventures Blockchain Fund, aMoon, Cowen Digital, Green D Ventures, Hitachi Ventures, Laurion Capital, Monashee Investment Management, and Neuberger Berman. Operated out of the United States, Scipher Medicine operates within the Biotechnology and Health Care industries, positioning itself at the forefront of precision medicine and immunology. With its compelling value proposition and strong investor backing, Scipher Medicine is poised to drive significant impact in personalized patient care and address critical unmet medical needs.

Taxonomy: Precision medicine, Immunology, Drug response prediction, Healthcare platform, Molecular data analysis, Biomarkers, Rheumatoid arthritis, Targeted therapy, Data science, Machine learning, Genomic signatures, Network medicine, Autoimmune diseases, Healthcare innovation

Funding Rounds & Investors of Scipher Medicine (6)

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Funding Stage Amount No. Investors Investors Date
Series D $110.00M 10 24 Feb 2022
Series C $82.00M 7 Alumni Ventures 24 Mar 2021
Series B Unknown 2 19 Feb 2020
Series B $25.00M 4 Alumni Ventures 09 May 2019
Series A $10.00M 3 10 Sep 2018

View All 6 Funding Rounds

Latest News of Scipher Medicine

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No recent news or press coverage available for Scipher Medicine.

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