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Formation Bio Logo
Formation Bio Growth Score
68
CB Rank
15806
Heat Score
72
Formation Bio is a drug development company that strives to provide treatments to patients faster by reimagining clinical trials.
Founded
obfuscation
PrivateSeries D New York, New York, United States101-250 www.formation.bio/
Artificial Intelligence (AI)
Biotechnology
Clinical Trials
Health Care
Medical
Pharmaceutical
Overview

Formation Bio
Total Funding
obfuscation
Growth Score
68
Heat Score
72

Total Funding
obfuscation
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Series D raised
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Growth Score68
-9 pts
in past quarter
Heat Score 72
-4 pts
in past quarter

Company Performance Metrics

Score
Trend
AI Content may contain mistakes and is not legal, financial or investment advice.Learn more.
Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Learn More >
Recent Milestones
Raised Funding Round
Jan 1, 1970
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See more interactive data and historical milestones on desktop for the best experience

About Formation Bio

CB Rank
15806
Formation Bio is a drug development company that strives to provide treatments to patients faster by reimagining clinical trials.
Founded
obfuscation
PrivateSeries D New York, New York, United States101-250 www.formation.bio/
Artificial Intelligence (AI)
Biotechnology
Clinical Trials
Health Care
Medical
Pharmaceutical

Funding Rounds

Series D
OBF
in
obfuscation
Series C
OBF
in
obfuscation
Venture - Series Unknown
OBF
in
obfuscation

Key People

Details

Legal Name Formation Bio, Inc.
Also Known As TrialSpark
Operating Status Active
Company Type For Profit
Founders  Benjamine Liu, Kit Dobyns, Linhao Zhang
About the Company
Formation Bio is a biotechnology company that focuses on drug development to provide new treatments to patients faster by reimagining clinical trials.
Contact Email contact@formation.bio
Hub Tags  Unicorn
Predictions & Insights

Growth Insight

See this Growth Insight
Formation Bio is
Lorem
 to be growing
Top Contributing Factors
Recently Raised Funding

Growth Prediction

See this Growth Prediction
Top Contributing Factors
Key Employee Changes

Products & Services

Tech-Driven AI-Native Drug Development Platform
A proprietary platform that integrates AI and technology to accelerate the drug development process from clinical-stage asset acquisition to regulatory approval.
Muse AI Patient Recruitment Tool
An AI-powered system that automates and optimizes patient recruitment for clinical trials by generating recruitment strategies and materials.

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Financials

Company Funding

Total Funding Amount 
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Number of Funding Rounds 4
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
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Series D - Formation Bio Logo
Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D

Funding Rounds

Total Funding Amount 
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Number of Funding Rounds 4
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
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Series D - Formation Bio Logo
Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
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Andreessen HorowitzSeries D
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Series D - Formation Bio
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D
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Series D - Formation Bio
8
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Andreessen HorowitzSeries D

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.
Investor Name  
Lead Investor  
Funding Round  
Partners  
SV Angel Logo
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Series D - Formation Bio Logo
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Investments

Number of Investments 1
Number of Acquisitions 1
See investment data for this company, with details on deal size, industry, stage, and more.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
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Investment Breakdown

Number of Investments 1
Number of Acquisitions 1
See investment data for this company, with details on deal size, industry, stage, and more.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
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Market Intelligence
People
View Profiles & Contacts
Headcount 101-250 Employee Profiles 8 Contacts 109

Employee Profiles

News

News and Press

News•Jun 9, 2026
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Access a complete feed of recent news and press, from product launches to leadership changes.
Technology
View Tech Report

Monthly Web Visits

16,169
-11.64%
 in past month

IT Spend

$3.2MThis year, Formation Bio is projected to spend $3.2M on IT, according to Aberdeen.

Interest Signals

TopicSurge Score
Shopper Recognition Logo
Shopper Recognition
94
Transportation Technology Logo
Transportation Technology
89
Zoom Logo
Zoom
89

Active Website Tech Count

15Formation Bio is actively using 15 technologies for its website, according to BuiltWith. These include IPhone / Mobile Compatible, Viewport Meta, and  HSTS.

Total IP

16Formation Bio has registered 16 trademarks with the most popular class being 'Scientific and technological services', according to IPqwery.
Sub-Organizations
Frequently Asked Questions

Where is Formation Bio's headquarters? Formation Bio is located in New York, New York, United States.Who invested in Formation Bio? Formation Bio has 20 investors including SV Angel and  Andreessen Horowitz.When was the last funding round for Formation Bio? Formation Bio closed its last funding round on
obfuscation
from a Series D round.Who are Formation Bio's competitors? Alternatives and possible competitors to Formation Bio may include ConcertAI, Dyania Health, and  Hatteras Venture Partners.How much funding has Formation Bio raised to date? Formation Bio has raised
obfuscation
.
Who We Are
What We Do
Helpful Links
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