/Companies

Spero Therapeutics

NASDAQ: SPRO

Cambridge, US · Founded 2013 · Delaware corporation · 45 employees on LinkedIn · 8 known investors

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Spero Therapeutics is a clinical-stage biopharmaceutical company developing medicines for immune-mediated diseases, led by SP001, a third-generation anti-CD40L antibody targeting IgG4-related disease. It focuses on immune signaling pathways involved in inflammation and fibrosis, with potential applications across additional immune-mediated conditions.

Founders & leadership

Spero Therapeutics was founded in 2013 by Ankit Mahadevia.

AMAnkit Mahadevia
Ankit MahadeviaFounderAnkit Mahadevia is a physician and entrepreneur with an MD from Johns Hopkins University School of Medicine and an MBA in healthcare management from the Wharton School. He has held leadership roles at multiple biotechnology companies and serves as a strategic advisor to life sciences firms on growth, financing, and organizational development.
SGStephen Garbacz
Stephen GarbaczExecutiveStephen Garbacz is an Executive Officer at Spero Therapeutics with extensive biotech finance experience, including roles in treasury, SEC compliance, and strategic planning. A former CPA, he has led multiple IPO preparations, early-stage financings, and finance organizations across clinical-stage companies, while also pursuing advanced training in AI and data science at Stanford and MIT.
EREsther Rajavelu
Esther RajaveluDirector, President, Chief Executive Officer, Chief Financial Officer, Chief Business Officer and Treasurer

Board

JFJean-Francois Formela
Jean-Francois FormelaBoard directorPartner at Atlas Venture
RH
Reza HalseBoard directorPartner at RA Capital
CB
Casper BreumBoard director
VGVikas Goyal
Vikas GoyalBoard directorPartner at Longwood Fund
PV
Patrick VinkBoard director
MDMilind Deshpande
Milind DeshpandeBoard directorVenture Partner at RA Capital

Investors · 8

Reported raises · per SEC filings

Form D private placements

$92.2M disclosed across 3 of 4 rounds · 2017–2026

▶$9MraisedNov 2022 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Milind DeshpandeDirector
  • Kamal HamedExecutive Officer
  • Scott JacksonDirector
  • Tamara JosephExecutive Officer
  • Kathleen TregoningDirector
  • Patrick VinkDirector
  • Satyavrat ShuklaExecutive Officer
  • Timothy KeutzerExecutive Officer
  • John C. Pottage, Jr.Director
  • Ankit MahadeviaExecutive Officer, Director
  • Cynthia SmithDirector
  • Frank E. ThomasDirector
Offering amount
$9M
Amount sold
$9M
First sale
Nov 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$40MraisedJul 2021 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Milind DeshpandeDirector
  • David MelnickExecutive Officer
  • Patrick VinkDirector
  • Cynthia SmithDirector
  • Satyavrat ShuklaExecutive Officer
  • Tamara JosephExecutive Officer
  • Scott JacksonDirector
  • Timothy KeutzerExecutive Officer
  • Frank E. ThomasDirector
  • Cristina LarkinExecutive Officer
  • John C. Pottage, Jr.Director
  • Ankit MahadeviaExecutive Officer, Director
  • Jean-Francois FormelaDirector
Offering amount
$40M
Amount sold
$40M
First sale
Jun 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$43.2MraisedMar 2017 · 11 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick VinkDirector
  • Milind DeshpandeDirector
  • Jean-Francois FormelaDirector
  • Reza HalseDirector
  • Casper BreumDirector
  • Ankit MahadeviaExecutive Officer, Director
  • Stephen GarbaczExecutive Officer
  • Vikas GoyalDirector
Offering amount
$43.2M
Amount sold
$43.2M
First sale
Mar 2017
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$179.7Mvaluation at IPOJul 2018 · $12.50/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Founder mafia

3 people who came through Spero Therapeutics went on to found or lead other companies.

Related companies · 4

Companies working in the same space as Spero Therapeutics.

In the news

Frequently asked questions

What does Spero Therapeutics do?
Spero Therapeutics is a clinical-stage biopharmaceutical company developing medicines for immune-mediated diseases, led by SP001, a third-generation anti-CD40L antibody targeting IgG4-related disease. It focuses on immune signaling pathways involved in inflammation and fibrosis, with potential applications across additional immune-mediated conditions.
Who founded Spero Therapeutics?
Spero Therapeutics was founded by Ankit Mahadevia in 2013.
Who are Spero Therapeutics's investors?
Spero Therapeutics's investors include GV (Google Ventures), HEALTHCARE ROYALTY PARTNERS, MRL Ventures Fund, OUP (Osage University Partners), RA Capital, Alphabet, Atlas Venture, Fidelity Investments.
How much funding has Spero Therapeutics raised?
Spero Therapeutics has disclosed $92.2M raised across 3 of its 4 known rounds.
Where is Spero Therapeutics headquartered?
Spero Therapeutics is headquartered in Cambridge, US.