About Teal Bio
Teal Bio is a private company based in Somerville, Massachusetts, incorporated in 2020 in Delaware. It has reported $3,793,634 raised in three offerings on Form D since February 2021. Its chief executive is Michael Singer.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Nov 16, 2023 | Dec 27, 2023 | $218,634of $950K target | 4 | $54,659 | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Nov 9, 2021 | Nov 23, 2021amended Feb 6, 2023 | $3,000,000fully sold | 15 | $200K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Dec 2, 2020 | Feb 5, 2021 | $575,000fully sold | 2 | $287K | Debt, OptionsRule 506(b) | Form D ↗ |
| Total, three offerings | $3,793,634 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Teal Bio's Form D filed Dec 27, 2023.
CT
Carlo Traverso
Director
SK
Sophie Kornowski
Director
MS
Michael Singer
Chief Executive Officer
Robert Langer
Director
Also a director at SunBird Bio and Syntis Bio and a co-founder & scientific advisor, director at SUTOL Bio.
JT
Jason Troutner
Executive officer
Earlier filings also listed Tony Casciano (chief executive officer and director, last listed Feb 2023).