Dren Bio researches and develops protein-based therapies in the treatment of cancer, autoimmune and other diseases.

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Can you invest in Dren Bio pre-IPO?

Dren Bio is a privately held company and is not publicly traded, therefore investing in Dren Bio pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

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Is Dren Bio a publicly traded company?

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To learn more about Dren Bio potential IPO

Will Dren Bio go IPO?

Dren Bio has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Dren Bio’s IPO price?

The Dren Bio IPO price does not exist at this time, as Dren Bio is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Dren Bio register for Forge Markets, today.

When was Dren Bio founded?

Dren Bio was founded in 2019.

What is Dren Bio funding to date?

Dren Bio has raised $128.57MM to date.

Dren Bio Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
03/16/2022 Series B $62.5MM $xx.xx $285.71MM Hbm Healthcare Investments
Price per Share
$xx.xx
Shares Outstanding
18,382,353
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Hbm Healthcare Investments
10/16/2020 Series A $60MM $xx.xx $91.11MM 8vc, Alexandria Venture Investments, Bvf Partners, Hbm Healthcare Investments, Mission Biocapital, Sr One, Taiho Ventures
Price per Share
$xx.xx
Shares Outstanding
36,054,433
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Alexandria Venture Investments, Bvf Partners, Hbm Healthcare Investments, Mission Biocapital, Sr One, Taiho Ventures
07/12/2019 Series Seed $6.07MM $xx.xx $15.17MM 8vc, Mission Biocapital
Price per Share
$xx.xx
Shares Outstanding
5,007,410
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Mission Biocapital
Updated on: Dec 23, 2024

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