FundedIQ
Biotechnology

Adverum Biotechnologies: Funding, Investors & Team (Sep 2026)

Adverum Biotechnologies is a clinical-stage company that aims to establish gene therapy as a new standard of care for a number of highly prevalent ocular diseases with the aspiration of developing functional cures for these diseases to restore vision and prevent blindness. Their services include gene therapy, biotechnology, rare diseases, ophthalmology, and retina.

adverum.com LinkedIn Menlo Park, United States 101-250 employees
Biotechnology Pharmaceutical Therapeutics
Total raised
$128M
Rounds
1
Latest
Undisclosed round
Feb 2024

Adverum Biotechnologies has raised $128M across 1 funding round on record, the most recent an undisclosed round of $128M announced in Feb 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Adverum Biotechnologies Company Profile and Key Stats

Total funding raised
$128M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$128M in Feb 2024
Employees
101-250
reported band
Headquarters
Menlo Park, United States

Latest funding round on record: Feb 2024.

Adverum Biotechnologies Funding Rounds

Date
Round
Amount
Undisclosed round
$128M

Adverum Biotechnologies Founders and Leadership Team

Name
Role
Contact
Steven D Schwartz
Founder

No contact details are on record for this team yet.

Adverum Biotechnologies Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,878
$7.5M

Adverum Biotechnologies' latest round of $128M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Adverum Biotechnologies Funding FAQs

What does Adverum Biotechnologies do?

Adverum Biotechnologies is a clinical-stage company that aims to establish gene therapy as a new standard of care for a number of highly prevalent ocular diseases with the aspiration of developing functional cures for these diseases to restore vision and prevent blindness. Their services include gene therapy, biotechnology, rare diseases, ophthalmology, and retina.

How much funding has Adverum Biotechnologies raised?

Adverum Biotechnologies has raised $128M across 1 round on record. The most recent is an undisclosed round of $128M announced in Feb 2024.

When did Adverum Biotechnologies last raise funding?

Adverum Biotechnologies' most recent funding round on record is an undisclosed round of $128M, announced in Feb 2024.

Who founded Adverum Biotechnologies?

FundedIQ lists Steven D Schwartz (Founder) at Adverum Biotechnologies.

Where is Adverum Biotechnologies headquartered?

Adverum Biotechnologies is based in Menlo Park, California, United States.

How many employees does Adverum Biotechnologies have?

Adverum Biotechnologies is in the 101-250 employee band.

How does Adverum Biotechnologies' funding compare to other Biotechnology startups?

Adverum Biotechnologies' latest round of $128M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Adverum Biotechnologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Adverum Biotechnologies is left off this page rather than filled in.

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