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§ Private Profile · 951 Gateway Blvd, South San Francisco, California, 94080, United States
Biotechnology company pioneering iPSCs to model diseases and discover monoclonal antibody therapies for neurodegenerative diseases.
iPierian, a South San Francisco, California-based biotechnology company, pioneered the use of induced pluripotent stem cells (iPSCs) to model human diseases and discover novel therapies for neurodegenerative conditions. The firm developed preclinical monoclonal antibodies targeting the Tau protein and Complement cascade for diseases like progressive supranuclear palsy (PSP), ALS, and Parkinson’s. It raised approximately $30 million in initial and Series A financing from investors including Kleiner Perkins Caufield & Byers, MPM Capital, Highland Capital, and Google Ventures. Bristol-Myers Squibb acquired iPierian in June 2014 for rights to its lead asset, IPN007, a preclinical monoclonal antibody for Tauopathies. The company was formed in 2007 via the merger of iZumi Bio and Pierian Inc. by founders Ashley Dombkowski, Robert Millman, and Harvard scientists.
iPierian has raised $129.0M across 6 funding rounds.
iPierian has raised $129.0M in total across 6 funding rounds.
iPierian was a biotechnology company that developed novel therapeutics for neurodegenerative diseases using proprietary induced pluripotent stem cell (iPSC) technology. It reprogrammed patient-derived fibroblasts into iPSCs, differentiated them into disease-relevant cells like neurons and glia, and used these to identify disease phenotypes, validate targets, and discover drug candidates such as monoclonal antibodies against Tau protein targets, with a lead program IPN007 targeting secreted Tau.[1][2][3][7] The company served patients with conditions like Alzheimer's, ALS, Parkinson's, and Tauopathies, solving the challenge of studying early disease drivers inaccessible via traditional methods like autopsies, thereby improving clinical success rates for therapies.[1][3][8] Backed by investors including Kleiner Perkins Caufield & Byers, MPM Capital, SR One, Highland Capital, and Google Ventures, iPierian achieved key milestones like spinning out True North Therapeutics before its acquisition by Bristol-Myers Squibb in 2014, marking strong early growth in the stem cell biotech space.[3]
Founded in 2007 in South San Francisco, iPierian pioneered the application of iPSC technology—recently advanced at the time—for drug discovery, making it the first company to use cellular reprogramming and directed differentiation on patient-derived cells across a broad spectrum of neurodegenerative diseases.[2][4][5] Key leadership included CEO Dr. Nancy Stagliano, who highlighted the company's breakthrough in secreted Tau biology underpinning IPN007.[3] The idea emerged from leveraging iPSCs to model diseases more accurately than end-stage autopsy samples, gaining early traction through high-profile funding and alliances focused on Tau pathways, culminating in the 2014 acquisition by Bristol-Myers Squibb to bolster its neurodegenerative expertise.[1][3][6]
iPierian rode the early 2010s wave of iPSC technology, enabled by Shinya Yamanaka's Nobel-winning work, to revolutionize neurodegenerative drug discovery amid a field plagued by high failure rates (over 99% for brain diseases).[2][6] Its timing capitalized on converging advances in stem cell reprogramming and the urgent need for better Alzheimer's and ALS models, as traditional rodent studies failed to translate clinically.[1][8] Market forces like aging populations and pharma giants' push into neuro (e.g., Bristol-Myers Squibb's acquisition) favored its platform, influencing the ecosystem by validating iPSC-derived human models—now standard in biotech for precision medicine and reducing animal testing reliance.[3][7]
Post-2014 acquisition, iPierian's iPSC platform and IPN007 integrated into Bristol-Myers Squibb's neuroscience pipeline, likely advancing Tau-targeted therapies amid ongoing neuro drug droughts.[3] Emerging trends like AI-driven target validation and CRISPR-enhanced iPSCs could amplify its legacy, shaping next-gen biotechs to prioritize human-cell models for faster, higher-success discoveries. As stem cell tech matures, iPierian's foundational work continues fueling the shift toward patient-specific therapeutics, underscoring how early biotech pioneers like it transform elusive diseases into addressable challenges.[1][2]
iPierian has raised $129.0M in total across 6 funding rounds.
iPierian's investors include Beth Seidenberg, Jim Scopa, Rajeev Dadoo, MPM Capital, SR One, Kleiner Perkins, Domain Associates, Endeavor Venture Funds, Westlake Village BioPartners, FPV Fund, GV, ATEL Ventures.
iPierian has raised $129.0M across 6 funding rounds. Most recently, it raised $30.0M Other Equity in September 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 4, 2013 | $30M Venture Round | Beth Seidenberg, JIM Scopa, Rajeev Dadoo | — | Announced |
| Sep 1, 2013 | $30M Series U | MPM Capital, SR ONE, Kleiner Perkins | Domain Associates, Endeavor Venture Funds, Westlake Village BioPartners | Announced |
| Nov 1, 2010 | $29M Series B | — | Domain Associates, Endeavor Venture Funds, FPV Fund, GV, MPM Capital, SR ONE, Westlake Village BioPartners | Announced |
| Oct 1, 2010 | $6M Series B | — | Endeavor Venture Funds, Atel Ventures, Biogen Idec NEW Ventures, FinTech Global Capital, GV, Highland Capital Partners, Kleiner Perkins, Mitsubishi UFJ Capital, MPM Capital, Rajeev Dadoo | Announced |
| Jul 8, 2010 | $22M Series B | Krishna Yeshwant | Atel Ventures, FinTech Global Capital, Highland Capital Partners, Kleiner Perkins, Mitsubishi UFJ Capital, MPM Capital | Announced |
| Jul 1, 2009 | $12M Series U | — | Domain Associates, Endeavor Venture Funds, MPM Capital, Westlake Village BioPartners | Announced |