FundedIQ
Biotechnology

Evofem Biosciences: Funding, Investors & Team (Oct 2026)

Evofem is a biopharmaceutical company that offers women's reproductive and contraceptive care products. The company's first commercial product, Phexxi, is the first and only hormone-free, prescription vaginal gel approved in the United States to prevent pregnancy.

www.evofem.com LinkedIn San Diego, United States 51-100 employees
Biopharma Health Care Medical Women's
Total raised
$87.6M
Rounds
4
Latest
Undisclosed round
May 2024

Evofem Biosciences has raised $87.6M across 4 funding rounds on record, the most recent an undisclosed round of $1.0M announced in May 2024.

That round is below the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Evofem Biosciences Company Profile and Key Stats

Total funding raised
$87.6M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$1.0M in May 2024
Employees
51-100
reported band
Headquarters
San Diego, United States

Latest funding round on record: May 2024.

Evofem Biosciences Funding Rounds

Date
Round
Amount
Undisclosed round
$1.0M
Post-IPO Equity
$26.6M
Post-IPO Equity
$10.0M
Undisclosed round
$50.0M

Evofem Biosciences raised $50.0M in an undisclosed round announced in May 2021.

5 months later, a Post-IPO Equity of $10.0M was announced in Oct 2021.

7 months later, a Post-IPO Equity of $26.6M was announced in May 2022.

2 years later, an undisclosed round of $1.0M was announced in May 2024.

Evofem Biosciences Founders and Leadership Team

Name
Role
Contact
Saundra Pelletier
CEO
Locked

Contact details for the Evofem Biosciences team: 1 of 1 has an email address on file.

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Evofem Biosciences Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.4M
30,319
$7.7M

Evofem Biosciences' latest round of $1.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Evofem Biosciences Funding FAQs

What does Evofem Biosciences do?

Evofem is a biopharmaceutical company that offers women's reproductive and contraceptive care products. The company's first commercial product, Phexxi, is the first and only hormone-free, prescription vaginal gel approved in the United States to prevent pregnancy.

How much funding has Evofem Biosciences raised?

Evofem Biosciences has raised $87.6M across 4 rounds on record. The most recent is an undisclosed round of $1.0M announced in May 2024.

When did Evofem Biosciences last raise funding?

Evofem Biosciences' most recent funding round on record is an undisclosed round of $1.0M, announced in May 2024.

Who is the CEO of Evofem Biosciences?

Saundra Pelletier is listed as CEO at Evofem Biosciences.

Where is Evofem Biosciences headquartered?

Evofem Biosciences is based in San Diego, California, United States.

How many employees does Evofem Biosciences have?

Evofem Biosciences is in the 51-100 employee band.

How does Evofem Biosciences' funding compare to other Biotechnology startups?

Evofem Biosciences' latest round of $1.0M is below the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Evofem Biosciences 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 Evofem Biosciences is left off this page rather than filled in.

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