PhaseBio Pharmaceuticals
Malvern, US · Delaware corporation · 3 known investors
PhaseBio is a company focused on developing treatments for cardiovascular disease, which is a leading cause of death in the United States.
Founders & leadership
AC
Ashutosh ChilkotiFounder
JS
Joel SussmanExecutive
JM
Jonathan MowExecutive
Board
JB
James BarrettBoard director
MG
Michael GutchBoard director
JK
Justin KleinBoard director
AK
Asish K. XavierBoard director
CT

GF
Guy FishBoard director
RI
Investors · 3
Reported raises · per SEC filings
Form D private placements$53.6M disclosed across 3 rounds · 2015–2018
▶$26MraisedSep 2018 · 20 investors · PharmaceuticalsRule 506(b)
▶$26MraisedSep 2018 · 20 investors · Pharmaceuticals
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan MowExecutive Officer, Director
- Linda TuftsDirector
- Justin KleinDirector
- Clay ThorpDirector
- Bibhash MukhopadhyayDirector
- John SharpExecutive Officer
- Nancy HutsonDirector
- Caroline LoewyDirector
- Tyrell RiversDirector
- Offering amount
- $32.1M
- Amount sold
- $26M
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6.6MraisedJan 2017 · 9 investors · BiotechnologyRule 506(b)
▶$6.6MraisedJan 2017 · 9 investors · Biotechnology
Rule 506(b)Officers, directors & promoters on the filing
- Michael GutchDirector
- James BarrettDirector
- Jonathan MowExecutive Officer, Director
- Justin KleinDirector
- Ashutosh ChilkotiDirector
- Guy FishDirector
- Clay ThorpDirector
- Asish K. XavierDirector
- Robert IngramDirector
- John SharpExecutive Officer
- Offering amount
- $7.9M
- Amount sold
- $6.6M
- First sale
- Jan 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$21MraisedJul 2015 · 9 investors · BiotechnologyRule 506(b)
▶$21MraisedJul 2015 · 9 investors · Biotechnology
Rule 506(b)Officers, directors & promoters on the filing
- Joel SussmanExecutive Officer
- James BarrettDirector
- Michael GutchDirector
- Justin KleinDirector
- Jonathan MowExecutive Officer, Director
- Asish K. XavierDirector
- Clay ThorpDirector
- Guy FishDirector
- Ashutosh ChilkotiDirector
- Robert IngramDirector
- Offering amount
- $42M
- Amount sold
- $21M
- Proceeds to insiders
- $900K
- First sale
- Feb 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapBioworld50 shared keywordsBioWorld is a suite of daily news and data services covering therapeutics, medical technology, biopharma business transactions, and drug R&D, serving biopharmaceutical and medtech industry professionals. Owned by Clarivate, it publishes products including BioWorld, BioWorld Science, and BioWorld Asia with reporting from writers stationed globally.
Bridgebio49 shared keywordsBridgeBio develops treatments for genetic conditions and cancers using a decentralized hub-and-spoke model, where autonomous teams focus on specific diseases or drug candidates while a central hub provides clinical, regulatory, and commercial support. The company partners with academic institutions to advance early-stage research toward late-stage clinical trials.
Companies competing with PhaseBio Pharmaceuticals for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 6 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2018 | $2.5M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2018 | $297.8K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2006 | $592.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2006 | $100K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2004 | $100K |
| National Science Foundation | Phase I | 2003 | $100K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does PhaseBio Pharmaceuticals do?
- PhaseBio is a company focused on developing treatments for cardiovascular disease, which is a leading cause of death in the United States.
- Who founded PhaseBio Pharmaceuticals?
- PhaseBio Pharmaceuticals was founded by Ashutosh Chilkoti.
- Who are PhaseBio Pharmaceuticals's investors?
- PhaseBio Pharmaceuticals's investors include Mountain Group Capital, New Enterprise Associates (NEA), Hatteras Venture Partners.
- How much funding has PhaseBio Pharmaceuticals raised?
- PhaseBio Pharmaceuticals has disclosed $53.6M raised across 3 rounds.
- Where is PhaseBio Pharmaceuticals headquartered?
- PhaseBio Pharmaceuticals is headquartered in Malvern, US.

