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Avidity Biosciences LLC

BiopharmaceuticalsUnited States

Avidity Biosciences, Inc. is a biopharmaceutical company dedicated to delivering a novel class of RNA therapeutics known as Antibody Oligonucleotide Conjugates (AOCs) to profoundly improve people's lives. Headquartered in San Diego, California, the firm focuses on advancing precision genetic medicines for various diseases. As of February 2026, the company operates as a subsidiary of Novartis.

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Avidity Biosciences LLC at a glance

Avidity Biosciences LLC is a biopharmaceuticals company headquartered in United States. It has raised at least $547.8M across the 6 funding rounds on record, 5 of them with a disclosed amount. Its most recent funding round raised $400.2M in March 2024.

Industry
Biopharmaceuticals
Headquarters
United States
Raised, rounds on record
$547.8M

Avidity Biosciences LLC funding rounds

At least $547.8M raised across the 6 rounds on record (5 with a disclosed amount). The 5 most recent:

DateRoundAmountInvestors
SEC Form D filing$400.2M—
SEC Form D filing$100.5M—
—$20M1 named
—Undisclosed1 named
Series B$18M—

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Investors

Avidity Biosciences LLC competitors

A few of Avidity Biosciences LLC's closest competitors — see the full list of competitors and alternatives →

BridgeBio Pharma, Inc.BBIO · BiopharmaceuticalsPalo Alto, United States
66% matchPublicAI 34/100Green 2/100

BridgeBio Pharma, Inc. is a pharmaceutical company dedicated to identifying, advancing, and providing medical solutions for various genetic conditions. The firm boasts an extensive portfolio comprising 30 distinct development initiatives, spanning the entire spectrum from initial discovery research to advanced clinical trial phases. Notable candidates within its development pipeline include: AG10 and BBP-265: A small molecule designed to stabilize transthyretin (TTR), currently in a pivotal Phase 3 clinical trial targeting transthyretin amyloidosis-cardiomyopathy (ATTR-CM). BBP-831: A selective small molecule inhibitor of FGFR1-3, which is undergoing Phase 2 clinical evaluation for treating achondroplasia in pediatric patients. BBP-631: An AAV5 gene transfer product candidate, also in Phase 2 clinical trials, aimed at congenital adrenal hyperplasia (CAH) caused by 21-hydroxylase deficiency (21OHD). Furthermore, BridgeBio is developing: Encaleret: A small molecule antagonist of the calcium sensing receptor (CaSR), presently in a Phase 2 proof-of-concept study for Autosomal Dominant Hypocalcemia Type 1 (ADH1). BBP-711: Intended for the management of hyperoxaluria and individuals prone to recurring kidney stones. Beyond these specific programs, the company is actively engaged in developing therapies for a broader range of Mendelian disorders, oncological diseases, and gene therapy applications. BridgeBio Pharma, Inc. maintains strategic licensing and collaboration agreements with institutions such as Leland Stanford Junior University, The Regents of the University of California, and Leidos Biomedical Research, Inc. Established in 2015, the company's corporate headquarters are situated in Palo Alto, California.

Market cap$13B
Employees999
SpringGCPPython
BridgeBio Pharma, Inc. competitors & alternatives →

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More on Avidity Biosciences LLC in Xcout Intel

  • 6 funding rounds with the investors in each, and who they co-invest with
  • The full competitor set, tracking, exports and API access
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