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Evommune Adds Additional Investment In Series B Financing And Bolsters Leadership Team

PUBLIC · EVMNJun 28, 2023

Round Type

Series B

Palo AltoBiotechnologyHealth Care

Investors

Verition Fund Management

Description

Evommune, Inc., a clinical-stage biotechnology company discovering and developing new ways to treat inflammatory diseases, today announced the closing of an additional $7.5 million to its Series B financing from new investor Verition Fund Management, bringing the total raised in the Series B round to $57.5 million. The company previously announced the closing of the initial $50 million in April 2023. In addition, the company also announced the appointment of J. Mark Jackson, MD, as Vice President, Clinical Development.

Quick answer

Evommune raised an undisclosed amount in a Series B round, dated June 28, 2023. Investors: Verition Fund Management. Evommune is based in Palo Alto, California, United States.

How much did Evommune raise?
Evommune raised an undisclosed amount in a Series B round on June 28, 2023.
Who invested in Evommune?
Verition Fund Management is named as investors in this round.
What does Evommune do?
Evommune, Inc. is a clinical-stage biotechnology company discovering and developing new ways to treat immune-mediated inflammatory diseases.
Where is Evommune based and how big is it?
Evommune is based in Palo Alto, California, United States. Fundz records about 45 employees.
Who are the decision-makers at Evommune?
Fundz holds 1 contact at Evommune. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Evommune that raised within 45 days of this round, from Fundz verified event records.

  • Abcuro raised $120M on August 11, 2023.
  • MindMed raised $7M on August 11, 2023.
  • Zetagen Therapeutics raised an undisclosed amount (Series B) on August 11, 2023.
  • HAGAR raised an undisclosed amount (Funding Round) on August 10, 2023.
  • ADARx Pharmaceuticals, Inc. raised $200M (Series C) on August 9, 2023.
  • Fore Biotherapeutics raised $62M on August 9, 2023.

Who to call at Evommune, and when

A new round usually means Evommune is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
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Company Information

Company

Evommune

Location

Palo Alto, California, United States

About

Evommune, Inc. is a clinical-stage biotechnology company discovering and developing new ways to treat immune-mediated inflammatory diseases. The company is creating game-changing science with the goal of delivering therapies that address symptoms and halt progressive disease.

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Fundz sees it the moment Evommune raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Evommune raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.