Cellares Revenue and Competitors

Location

#1158

Growjo Ranking

Biotech

Industry

Estimated Revenue & Valuation

  • Cellares's estimated annual revenue is currently $41.9M per year.(i)
  • Cellares's estimated revenue per employee is $193,750
  • Cellares's total funding is $355M.

Employee Data

  • Cellares has 216 Employees.(i)
  • Cellares grew their employee count by 38% last year.

Cellares's People

NameTitleEmail/Phone
1
Co-Founder & CEOReveal Email/Phone
2
Co-Founder & PresidentReveal Email/Phone
3
VP, TechnologyReveal Email/Phone
4
VP Research & DevelopmentReveal Email/Phone
5
SVP OperationsReveal Email/Phone
6
Director FinanceReveal Email/Phone
7
Director Analytical DevelopmentReveal Email/Phone
8
Director AutomationReveal Email/Phone
9
Senior Director Information TechnologyReveal Email/Phone
10
Director, Instrument SoftwareReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$36.7M11326%N/AN/A
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What Is Cellares?

Cellares is revolutionizing cell therapy manufacturing. We are developing a one-of-a-kind solution, The Cell Shuttle, to overcome the challenges associated with manufacturing so these life-saving therapies are affordable and widely available to patients who can benefit. The clinical impact of cell therapy in treating cancer has been proven, but this therapeutic approach has several limitations, especially in manufacturing, leaving extremely sick patients waiting for treatment and desperate for hope. Since cell therapy is currently produced for a single patient at a time, it is expensive to manufacture, requiring significant time and resources, and is difficult to scale. Preclinical and clinical scientists, as well as commercial cell therapy manufacturers also lack the options to fully automate their manufacturing process quickly, safely, cost-effectively and at the scale they need. The Cell Shuttle is an automated and closed end-to-end manufacturing solution that is flexible and scalable, enabling customers to run exact processes specified for their cell therapy. Compared with the current manual manufacturing processes for cell therapy, the Cell Shuttle’s next-generation automated manufacturing solution has 10 times the scalability (meaning 10 times more patient doses can be produced simultaneously), enables a three-fold reduction in process failure rates and will reduce the per-patient manufacturing cost by up to 70 percent for most processes.

keywords:N/A

$355M

Total Funding

216

Number of Employees

$41.9M

Revenue (est)

38%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Cellares News

2022-03-30 - Global Automated and Closed Cell Therapy Processing Systems Market was valued at USD 694.92 million in 2021 and projected to grow at a CAGR of 25.18% during the forecast period 2022-2028 : GreyViews

The significant players operating in the global automated and closed cell therapy processing system market Cellares Inc., Lonza, Cytiva,...

2021-05-05 - Cellares Raises $82M in Series B Funding

Cellares Corporation, a South San Francisco, Calif.-based life sciences technology company that automates cell therapy manufacturing, secured $82m in Series B round, bringing total funding to date to $100m. The round was led by new investor Decheng Capital with participation from existing inves ...

2021-05-05 - Cell therapy manufacturing tech startup Cellares raises $82 mln

OAKLAND, Calif., May 5 (Reuters) - Cellares Corp, a cell therapy manufacturing technology startup in South San Francisco, said on Wednesday it raised $82 million in a funding round led by new investor Decheng Capital and existing investor Eclipse Ventures. The funding will help accelerate devel ...

2021-05-05 - Cellares Raises $82M To Solve The Biggest Hurdles In Cell Therapy Manufacturing

SOUTH SAN FRANCISCO, Calif., May 5, 2021 /PRNewswire/ -- Cellares Corporation, a life sciences technology company that automates cell therapy manufacturing, today announced it has secured $82 million in a Series B round, bringing total funding to date to $100 million. The round was led by new in ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$38M21647%N/A
#2
$58.3M21725%$76.9M
#3
$34.6M217N/AN/A
#4
$34.6M217N/AN/A
#5
$59.7M2176%N/A