Fundraising Fox

Forty Seven Inc

acquired by Gilead

Palo Alto, US · Founded 2014 · 14,911 employees on LinkedIn · 3 known investors

Acquired by Gilead Sciences March 2020 · terms undisclosed

Forty Seven Inc was a clinical-stage immuno-oncology company developing antibody therapies targeting CD47, a "don't eat me" signal exploited by cancer cells, with lead candidate magrolimab. Acquired by Gilead Sciences in 2020.

Founders & leadership

CS
Christopher SchaepeNamed on SEC filing
DH
Dennis HennerNamed on SEC filing
RM
Ravindra MajetiNamed on SEC filing
EJ
Eric JensenNamed on SEC filing
IW
Irving WeissmanNamed on SEC filing

Board

JB
Jeffrey BirdBoard director
JM
Jonathan MacQuittyBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$109.1M disclosed across 2 rounds · 2015–2017

$75MraisedOct 2017 · 32 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ravindra MajetiDirector
  • Mark A. McCamishExecutive Officer, Director
  • Chris SchaepeDirector
  • Irving WeissmanDirector
  • Dennis HennerDirector
  • Jeffrey BirdDirector
  • Jonathan MacQuittyDirector
Offering amount
$75M
Amount sold
$75M
First sale
Oct 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$34.1MraisedMar 2016 · 32 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher SchaepeDirector
  • Jeffrey BirdDirector
  • Dennis HennerDirector
  • Ravindra MajetiDirector
  • Eric JensenExecutive Officer
  • Irving WeissmanDirector
  • Jonathan MacQuittyExecutive Officer, Director
Offering amount
$74.8M
Amount sold
$34.1M
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Forty Seven Inc do?
Forty Seven Inc was a clinical-stage immuno-oncology company developing antibody therapies targeting CD47, a "don't eat me" signal exploited by cancer cells, with lead candidate magrolimab. Acquired by Gilead Sciences in 2020.
Who are Forty Seven Inc's investors?
Forty Seven Inc's investors include Bluebird Ventures, Lightspeed Venture Partners, Sofinnova Ventures.
How much funding has Forty Seven Inc raised?
Forty Seven Inc has disclosed $109.1M raised across 2 rounds.
Who acquired Forty Seven Inc?
Forty Seven Inc was acquired by Gilead.
Where is Forty Seven Inc headquartered?
Forty Seven Inc is headquartered in Palo Alto, US.