Cage Bio

San Carlos, CA · Privately Held (backing)

Developer of an eutectic ionic liquid designed to minimize the pervasive use of systemic drugs for the treatment of dermal diseases and symptoms. Cage Bio is based in San Carlos, CA. Its last reported valuation was $125 million in Jun 2019. It has raised $57.6 million across 3 recorded rounds; the latest was an $11 million early-stage round in Apr 2024.

Last reported valuation
$125.0M
Oct 2026
Priced at
—
Total raised
$57.6M
Last round
Early Stage VC
Apr 2024
How much has Cage Bio raised?
$57.6Macross 3 recorded rounds · Jun 2019 – Apr 2024

Most recently, Cage Bio raised $11.0M in its Early Stage VC (Apr 2024).

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Cage Bio round by round

3 rounds
Apr 2024Early Stage VC$11.0MSEC filing▮
14 investors participated
Oct 2021Early Stage VC$8.5MSEC filing▮
4 investors participated
Jun 2019Early Stage VC$9.4MSEC filing▮
56 investors participated

How much has Cage Bio raised?

Cage Bio has raised $57.6 million in total; 3 of its rounds are on record, from 2019 on. The largest on record was a $9.4 million early-stage round in Jun 2019; the most recent was an $11 million early-stage round in Apr 2024.

Cage Bio has filed 5 Form Ds with the SEC since 2019, most recently in Apr 2025 ($11 million sold to 14 investors).

Cage Bio investors

6 investors are on record for Cage Bio, including Johnson & Johnson Innovation - JLABS, AG Collective Capital, CKG Management and HSC Next. The early-stage round in Apr 2024 drew 14 investors.

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6 investors have backed Cage Bio.

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Frequently asked about Cage Bio

How much has Cage Bio raised?
Cage Bio has raised $57.6M in total across 3 recorded funding rounds.
When was Cage Bio's last funding round?
Cage Bio's most recent recorded round was Early Stage VC in Apr 2024, raising $11.0M.