Mammoth Biosciences IPO

Mammoth Biosciences, based in Brisbane, Calif., was founded in 2017 by Trevor Martin, the company’s CEO, and Janice Chen, Lucas Harrington, and Jennifer Doudna. The company, which was last valued at $1.08 billion in September 2021, is developing novel CRISPR systems to cure and detect diseases. CRISPR is a tool that can allow researchers to alter DNA sequences and modify gene function.

In November, the company was named to Fast Company’s 2022 list of the “Next Big Things in Tech.” In September 2021, the company raised $150 million in Series D financing from a group of investors including Redmile Group, Foresite Capital, Greenspring Associates and Senator Investment Group.

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

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Will Mammoth Biosciences go IPO?

Mammoth Biosciences 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 Mammoth Biosciences’ IPO price?

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When was Mammoth Biosciences founded?

Mammoth Biosciences was founded in 2017.

What is Mammoth Biosciences funding to date?

Mammoth Biosciences has raised $622.5MM to date.

Who are Mammoth Biosciences’s major investors?

Mayfield Fund
Foresite Capital
Decheng Capital
NFX
Redmile Group

Mammoth Biosciences Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/22/2024 Series D-2 $107.74MM $xx.xx $1.35B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
8,008,750
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
Undisclosed Investors
09/09/2021 Series D $112.5MM $xx.xx $1.08B Decheng Capital, Foresite Capital, Greenspring Associates, Mayfield, Nfx, Plum Alley, Redmile Group, Senator Investment Group, Sixth Street
Price per Share
$xx.xx
Shares Outstanding
8,362,385
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
Decheng Capital, Foresite Capital, Greenspring Associates, Mayfield, Nfx, Plum Alley, Redmile Group, Senator Investment Group, Sixth Street
09/09/2021 Series D-1 $37.5MM $xx.xx $1.08B Decheng Capital, Foresite Capital, Greenspring Associates, Mayfield, Nfx, Plum Alley, Redmile Group, Senator Investment Group, Sixth Street
Price per Share
$xx.xx
Shares Outstanding
2,787,461
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
Decheng Capital, Foresite Capital, Greenspring Associates, Mayfield, Nfx, Plum Alley, Redmile Group, Senator Investment Group, Sixth Street
11/04/2020 Series C $44.36MM $xx.xx $278.7MM Nfx
Price per Share
$xx.xx
Shares Outstanding
10,279,365
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nfx
11/04/2020 Series C-1 $747,767.27 $xx.xx $278.7MM Nfx
Price per Share
$xx.xx
Shares Outstanding
192,530
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nfx
01/30/2020 Series B $36.77MM $xx.xx $144.13MM Amoon, Brook Byers, Decheng Capital, Mayfield, Nfx, Pacific 8, Plum Alley Investments, Vreily
Price per Share
$xx.xx
Shares Outstanding
13,631,447
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
--
Key Investors
Amoon, Brook Byers, Decheng Capital, Mayfield, Nfx, Pacific 8, Plum Alley Investments, Vreily
01/30/2020 Series B-1 $7.41MM $xx.xx $144.13MM Amoon, Brook Byers, Decheng Capital, Mayfield, Nfx, Pacific 8, Plum Alley Investments, Vreily
Price per Share
$xx.xx
Shares Outstanding
3,052,521
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
--
Key Investors
Amoon, Brook Byers, Decheng Capital, Mayfield, Nfx, Pacific 8, Plum Alley Investments, Vreily
08/08/2018 Series A $18.1MM $xx.xx $36.19MM Plum Alley Investments
Price per Share
$xx.xx
Shares Outstanding
18,051,205
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Plum Alley Investments
Updated on: Dec 22, 2024

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