Caribou Biosciences

Caribou Biosciences

Develops allogeneic CRISPR CAR-T therapies

Overview

Caribou Biosciences develops allogeneic CAR-T cell therapies using a CRISPR-based chRDNA platform (Cas9 and Cas12a) to create precise genome edits. Its lead approach centers on off-the-shelf, armored CAR-T cells designed to persist longer and resist exhaustion, including PD-1 knockout, enabling rapid access for patients. The company advances wholly-owned programs and collaborates with pharma partners, such as AbbVie, to push its therapies through clinical development. Its goal is to bring regulated, off-the-shelf CAR-T therapies to patients with hematologic cancers and autoimmune diseases and to reach commercialization, supported by funding through at least 2027.

About Caribou Biosciences

Simplify's Rating
Why Caribou Biosciences is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Berkeley, California

Founded

2011

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Simplify's Take

What believers are saying

  • CB-011 receives FDA RMAT designation on March 31, 2026.
  • $10 million revenue from 2024 licensing deals fuels pipeline.
  • Capital funds operations through second half of 2027.

What critics are saying

  • CRISPR Therapeutics' CTX112 achieves 85% ORR, surpassing CB-010's 60%.
  • Allogene's ALLO-501A gains FDA approval by Q2 2026, seizing 40% market.
  • Quarterly $120M cash burn exhausts funds by Q1 2027.

What makes Caribou Biosciences unique

  • chRDNA platform uses hybrid RNA-DNA guides for superior CRISPR specificity.
  • Cas12a and Cas9 technologies enable precise allogeneic CAR-T edits.
  • Founders include Nobel laureate Jennifer Doudna and Rachel Haurwitz.

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Funding

Total Funding

$618.6M

Above

Industry Average

Funded Over

8 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Tuition Reimbursement

Generous paid vacation time

Comprehensive compensation package

ESPP

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

5%
TipRanks
Jan 2nd, 2025
Caribou Biosciences Appoints New CFO Amid Clinical Advancements

Caribou Biosciences announced the appointment of Sri Ryali as Chief Financial Officer, effective January 2, 2025.

TechBullion
Sep 10th, 2024
Vir Biotechnology Names Jason O'Byrne as Chief Financial Officer

Mr. O'Byrne joins Vir from Caribou Biosciences, Inc., where he served as CFO, leading the finance, investor relations, corporate communications, IT, procurement, and operations functions as the company advanced its pipeline of clinical-stage cell therapies in oncology and autoimmune disease.

Stock Titan
Aug 12th, 2024
Caribou Biosciences Appoints Tina Albertson, MD, PhD, as Chief Medical Officer

Caribou Biosciences (CRBU) has appointed Dr. Tina Albertson as its new Chief Medical Officer.

Endpoints News
Jul 17th, 2024
Caribou to slash preclinical allogeneic CAR-NK work, lay off 12% of staff

Caribou Biosciences is cutting its CAR-NK research and laying off 21 employees, or 12% of its staff, the company announced Tuesday.

Stock Titan
Jul 9th, 2024
Caribou Biosciences Announces Appointment of Terri Laufer, MD, to its Scientific Advisory Board

Caribou Biosciences announces appointment of Terri Laufer, MD, to its scientific advisory board.

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