CG Oncology, based in Irvine, Calif., was founded in 2010 by CEO Arthur Kuan. The company, which was last valued at $405 million in September 2022, is a developer of genetically engineered oncolytic immunotherapy treatments for individuals with advanced cancer.

Last September, the company announced an oversubscribed $120 million Series E funding round led by ORI Capital, Longitude Capital and Decheng Capital. The company said it will use the new capital to advance its lead programs toward FDA review and broaden its drug pipeline to address other unmet needs in urologic cancer. Its lead drug candidate, CG0070, has reached Phase 3 testing as a monotherapy for non-muscle invasive bladder cancer.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about CG Oncology

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Can you invest in CG Oncology pre-IPO?

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Is CG Oncology a publicly traded company?

CG Oncology became a public company following its IPO on 01/25/2024 and is now traded on the NASDAQ under the ticker CGON.

To learn more about CG Oncology potential IPO

Will CG Oncology go IPO?

CG Oncology became a public company following its IPO on 01/25/2024 and is now traded on the NASDAQ under the ticker CGON.

What is CG Oncology’s IPO price?

The IPO price of CG Oncology is not currently available.

When was CG Oncology founded?

CG Oncology was founded in 2010.

What is CG Oncology funding to date?

CG Oncology has raised $307.89MM to date.

CG Oncology Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
08/02/2023 Series F $105.02MM $xx.xx $615.24MM Foresite Capital, TCGX, Avidity Partners, BVF Partners, Janus Henderson Investors, Acorn Bioventures, Ally Bridge Group, Decheng Capital, Longitude Capital, Malin Corporatoin, RA Capital Management
Price per Share
$xx.xx
Shares Outstanding
81,587,937
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Foresite Capital, TCGX, Avidity Partners, BVF Partners, Janus Henderson Investors, Acorn Bioventures, Ally Bridge Group, Decheng Capital, Longitude Capital, Malin Corporatoin, RA Capital Management
09/30/2022 Series E $120MM $xx.xx $405.38MM Decheng Capital, Palm Drive Capital
Price per Share
$xx.xx
Shares Outstanding
112,422,700
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Decheng Capital, Palm Drive Capital
12/10/2020 Series D $47.3MM $xx.xx $212.97MM Kissei Pharmaceutical, ORI Healthcare Fund, Camford Capital, Perservance Capital Management
Price per Share
$xx.xx
Shares Outstanding
53,271,754
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Kissei Pharmaceutical, ORI Healthcare Fund, Camford Capital, Perservance Capital Management
03/18/2019 Series C $22MM $xx.xx $54.19MM ORI Healthcare Fund, Perserverance Capital Management
Price per Share
$xx.xx
Shares Outstanding
73,598,283
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
ORI Healthcare Fund, Perserverance Capital Management
08/05/2015 Series B $10MM $xx.xx $31.64MM Ally Bridge Group, WI Harper Group, Whitesun Healthcare Ventures, Song Hong Fang
Price per Share
$xx.xx
Shares Outstanding
11,973,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Ally Bridge Group, WI Harper Group, Whitesun Healthcare Ventures, Song Hong Fang
07/28/2014 Series A-1 $3.57MM $xx.xx $11.9MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
5,075,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3.0
Key Investors
Undisclosed Investors
Updated on: Nov 16, 2024

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