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Formation Bio

Drug development can advance faster when clinical assets, operational workflows, and accumulated evidence are coordinated through software rather than fragmented manual processes.

Company snapshot

Stage
Series D
Funding
Series D · $372M · Jun 26, 2024
Status
published
Updated
Nov 4, 2026
Views

What they're building

Drug development can advance faster when clinical assets, operational workflows, and accumulated evidence are coordinated through software rather than fragmented manual processes. Formation Bio acquires clinical-stage medicines and develops them using an AI-native platform, combining drug selection, trial operations, and reusable data infrastructure.

Founders

Benjamine Liu

Co-founder

Linhao Zhang

Co-founder

Foundation model usage

Editorial estimates from product descriptions. Model providers and actual usage are not confirmed.

Inferred architecture
Agentic loops, Batch document processing
Potential advantages
Workflow lock-in
Estimated model demand
High intensity

NYC footprint

NYC office
16 East 34th Street, New York, NY 10016

Funding

Latest funding: Series D · $372M · Jun 26, 2024. Lead investor: Andreessen Horowitz.

Sources & location evidence

Open research desk ↗

Profile source review: 2026-11-04. Formerly TrialSpark. Current primary about page verifies both founders; Benjamine Liu also uses Ben Liu. The October 28, 2026 $600M Drug Development Accelerator Fund comprises commitments to a separate drug-asset investment fund and is not a new corporate equity round. Corporate stage remains the latest verified $372M Series D. Current official Greenhouse office metadata verifies 16 East 34th Street beyond the privacy notice. Copy is synthesized from cited first-party messaging; no independent performance validation is implied.

Manhattan · verified headquarters

16 East 34th Street, New York, NY 10016. Current first-party recruiting office endpoint lists office ID 22910 at this exact street, independently matching the company’s current careers description of its NYC headquarters. This is not a privacy-only pin. The privacy PDF lists Floor 10 but is last updated January 20, 2021; the old floor detail is not asserted as a current floor. No precise neighborhood inferred.

Formation Bio current official Greenhouse office metadata ↗

Source checked 2026-11-04

Notes

Formation Bio is tagged workflow based on buyer clarity, repeat workflow activity, public activity, and fit with the AI Atlas map.

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