Deverra Therapeutics

Deverra Therapeutics

Growth Stage

Seeking Remission For All

Seeking Remission For All

Overview

Raised this Round: Raised: $992,859

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/28/2024

Close Date

09/03/2024

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.09

Pre-Money Valuation

$59,837,329

Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

Seattle, Washington

Business Type

Growth

Deverra Therapeutics, with a valuation of $59.84 million, is raising funds on StartEngine. It is a clinical-stage biotech company that provides universal donor treatments for accessible immune cell therapies. Deverra Therapeutics’ immune cell therapies are affordable, safe, and readily available to reinvent the way therapies are delivered for cancer and other life-threatening illnesses. The company’s lead clinical asset, Dilanubicel, has shown significant remission rates in a phase 2 leukemia clinical trial with 184 patient infusions. Michael Yurkowsky and Colleen Delaney founded Deverra Therapeutics in September 2020. The current crowdfunding campaign has a minimum target of $14,999.93 and a maximum target of $1.23 million. The campaign proceeds will be used for research and clinical development.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,677,259

$0

COGS

$1,677,259

$0

Tax

$0

$0

 

 

Net Income

$1,672,096

$-6,899,704

Summary Balance Sheet

FY 2023 FY 2022

Cash

$264,595

$78,636

Accounts Receivable

$428,989

$450

Total Assets

$7,153,624

$4,845,249

Short-Term Debt

$7,222,643

$7,448,108

Long-Term Debt

$0

$256,667

Total Liabilities

$7,222,643

$7,704,775

Financials as of: 03/28/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Deverra Therapeutics 09/03/2024 StartEngine $59,837,329 $992,859 Equity - Common Funded RegCF

No prior online funding rounds.

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Deverra Therapeutics on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $59,837,329
Price per Share: $2.09

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