Celcuity
NASDAQ: CELCMinneapolis, US · Founded 2011 · Delaware corporation · 257 employees on LinkedIn · 2 known investors
Celcuity is a commercial-stage biotechnology company developing targeted cancer therapies for tumors involving the PAM (PI3K/AKT/mTOR) pathway, including breast, prostate, lung, endometrial, colon, and ovarian cancers. Its lead candidate, gedatolisib, targets all Class I PI3K isoforms and the mTORC1 and mTORC2 complexes and is being evaluated across multiple oncology clinical programs.
Founders & leadership
Celcuity was founded in 2011 by Lance G. Laing and Brian F. Sullivan.
Board

Investors · 2
Reported raises · per SEC filings
Form D private placements$303M disclosed across 9 rounds · 2014–2023
▶$130MraisedSep 2025 · 2 investors · BiotechnologyRule 506(b)
- Vicky HahneExecutive Officer
- David F. DalveyDirector
- Richard E. BullerDirector
- Polly A. MurphyDirector
- Richard J. NigonDirector
- Leo T. FurchtDirector
- Lance G. LaingExecutive Officer, Director
- Brian F. SullivanExecutive Officer, Director, Promoter
- Offering amount
- $352.7M
- Amount sold
- $130M
- Sales commissions
- $4.3M
- Placement agents
- LCT Capital, LLC
- First sale
- Apr 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$50MraisedOct 2024 · 2 investors · BiotechnologyRule 506(b)
- Lance G. LaingExecutive Officer, Director, Promoter
- David F. DalveyDirector
- Vicky HahneExecutive Officer
- Richard E. BullerDirector
- Leo T. FurchtDirector
- Brian F. SullivanExecutive Officer, Director, Promoter
- Polly A. MurphyDirector
- Richard J. NigonDirector
- Offering amount
- $50M
- Amount sold
- $50M
- First sale
- Oct 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.6MraisedNov 2023 · 38 investors · BiotechnologyRule 506(b)
- Richard J. NigonDirector
- Vicky HahneExecutive Officer
- Polly A. MurphyDirector
- Richard E. BullerDirector
- Brian F. SullivanExecutive Officer, Director
- David F. DalveyDirector
- Leo FurchtDirector
- Lance G. LaingExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $2.6M
- Sales commissions
- $258K
- Placement agents
- Cedar Point Capital, LLC
- First sale
- May 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.9MraisedNov 2023 · 39 investors · BiotechnologyRule 506(b)
- Vicky HahneExecutive Officer
- David F. DalveyDirector
- Leo FurchtDirector
- Polly A. MurphyDirector
- Richard E. BullerDirector
- Richard J. NigonDirector
- Brian F. SullivanExecutive Officer, Director
- Lance G. LaingExecutive Officer, Director
- Offering amount
- $6.6M
- Amount sold
- $5.9M
- Sales commissions
- $560K
- Placement agents
- Cedar Point Capital, LLC
- First sale
- Apr 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$100MraisedMay 2022 · 11 investors · BiotechnologyRule 506(b)
- Richard J. NigonDirector
- Brian F. SullivanExecutive Officer, Director
- Richard E. BullerDirector
- Leo T. FurchtDirector
- Vicky HahneExecutive Officer
- David F. DalveyDirector
- Lance G. LaingExecutive Officer, Director
- Offering amount
- $156M
- Amount sold
- $100M
- Sales commissions
- $4M
- Placement agents
- Jefferies LLC
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5MraisedApr 2021 · 1 investors · BiotechnologyRule 506(b)
- David F. DalveyDirector
- Lance G. LaingExecutive Officer, Director, Promoter
- Brian F. SullivanExecutive Officer, Director, Promoter
- Richard J. NigonDirector
- Vicky HahneExecutive Officer
- Richard E. BullerDirector
- Leo T. FurchtDirector
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Apr 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$325KraisedFeb 2016 · 6 investors · BiotechnologyRule 506(b)
- Lance G. LaingExecutive Officer, Director, Promoter
- David F. DalveyDirector
- Brian F. SullivanExecutive Officer, Director, Promoter
- Offering amount
- $3M
- Amount sold
- $325K
- Sales commissions
- $300K
- Placement agents
- Cedar Point Capital, LLC
- First sale
- Feb 2016
- Incorporated
- Limited Liability Company, Minnesota, 2011
- Federal exemptions
- 06b
▶$5.2MraisedFeb 2016 · 40 investors · BiotechnologyRule 506(b)
- Brian F. SullivanExecutive Officer, Director, Promoter
- Lance G. LaingExecutive Officer, Director, Promoter
- David F. DalveyDirector
- Offering amount
- $5.2M
- Amount sold
- $5.2M
- Sales commissions
- $510K
- Proceeds to insiders
- $175K
- Placement agents
- Cedar Point Capital, LLC
- First sale
- Dec 2015
- Incorporated
- Limited Liability Company, Minnesota, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlapCompanies competing with Celcuity for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Celcuity do?
- Celcuity is a commercial-stage biotechnology company developing targeted cancer therapies for tumors involving the PAM (PI3K/AKT/mTOR) pathway, including breast, prostate, lung, endometrial, colon, and ovarian cancers. Its lead candidate, gedatolisib, targets all Class I PI3K isoforms and the mTORC1 and mTORC2 complexes and is being evaluated across multiple oncology clinical programs.
- Who founded Celcuity?
- Celcuity was founded by Lance G. Laing, Brian F. Sullivan in 2011.
- Who are Celcuity's investors?
- Celcuity's investors include Brightstone Venture Capital, New Enterprise Associates (NEA).
- How much funding has Celcuity raised?
- Celcuity has disclosed $303M raised across 9 rounds.
- Where is Celcuity headquartered?
- Celcuity is headquartered in Minneapolis, US.


