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Evofem - About the company

Evofem is an acquired company based in San Diego (United States), founded in 2009. It operates as a Developer of therapeutics for reproductive care for women. Evofem has raised $100M in funding. The company has 114 active competitors, including 32 funded and 22 that have exited. Its top competitors include companies like BioNTech, Insmed and Aridis Pharma.

Company Details

Developer of therapeutics for reproductive care for women. It offers a lead product Phexxi vaginal gel that provides women with an in-the-moment contraceptive that maintains the baseline vaginal pH environment. It also offers a drug candidate EVO200 a vaginal pH modulator for the prevention of recurrent Bacterial Vaginosis.
Website
Social
Registered Address
12400 High Bluff Dr. Suite 600 San Diego, CA 92130
Key Metrics
Founded Year
2009
Location
San Diego, United States
Stage
Acquired
Total Funding
in 14 rounds
Latest Funding Round
Ranked
6th among
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Feb 28, 2022
Similar Companies
Exit Details
Acquired by Aditx Therapeutics (Dec 12, 2023)
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Evofem's acquisition details

Evofem got acquired by Aditx Therapeutics on Dec 12, 2023.
Click to take a look at Evofem's acquisition in detail

Evofem's funding and investors

Evofem has raised a total funding of $100M over 14 rounds. Its first funding round was on Dec 08, 2009.

Evofem has 4 institutional investors including PDL Biopharma, Woodford Investment Management and Adjuvant Capital.

Here is the list of recent funding rounds of Evofem:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 08, 2025
$750K
Post IPO
3205818
2314168
-
Sep 27, 2023
$2.88M
Post IPO
6710988
6646573
-
Mar 02, 2023
$1.38M
Post IPO
5008750
7937235
-
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Evofem's founders and board of directors

Evofem's employee count trend

Evofem has 119 employees as of Feb 22. The total employee count is 19.0% lower than what it was in Feb 21. Here is Evofem's employee count trend over the years:
Employee count trend for Evofem
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Evofem's Competitors and alternates

Top competitors of Evofem include BioNTech, Insmed and Aridis Pharma. Here is the list of Top 10 competitors of Evofem, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for BioNTech
BioNTech
2008, Mainz (Germany), Public
Developer of immunotherapeutics for the treatment of cancer and other diseases
$806M
67/100
2nd
Logo for Insmed
Insmed
1999, Bridgewater (United States), Public
Developer of small molecule inhibitors for rare lung diseases
-
62/100
3rd
Logo for Aridis Pharma
Aridis Pharma
2005, San Jose (United States), Public
Provider of human monoclonal antibodies against infectious diseases
$42.1M
, Ìý&²¹³¾±è;Ìý
59/100
4th
Logo for Eligo Bioscience
Eligo Bioscience
2014, Paris (France), Series B
Developer of microbiome gene therapies against infectious disease
$52.3M
Seventure Partners, Sanofi VenturesÌý&²¹³¾±è;Ìý
55/100
5th
Logo for MaaT Pharma
MaaT Pharma
2014, Lyon (France), Public
Developer of microbiome therapy for the treatment of intestinal dysbiosis diseases
$42.3M
55/100
6th
Logo for Evofem
2009, San Diego (United States), Acquired
Developer of therapeutics for reproductive care for women
$100M
54/100
7th
Logo for ILiAD Biotechnologies
ILiAD Biotechnologies
2012, New York City (United States), Series D
Developer of immunity-inducing vaccine for the prevention and treatment of pertussis
$51.2M
NIH, HHSÌý&²¹³¾±è;Ìý
54/100
8th
Logo for Basilea
Basilea
1999, Basel (Switzerland), Public
Developer of antibiotics, antifungals, and oncology drugs for treating multiple diseases
-
52/100
9th
Logo for Lodo Therapeutics
Lodo Therapeutics
2015, New York City (United States), Acquired
Developer novel therapeutics to treat resistant infectious diseases and cancers using AI
$19.9M
52/100
10th
Logo for Prokarium
Prokarium
2012, Keele (United Kingdom), Series C
Oral vaccines by re-engineering Salmonella into an efficient vaccine platform for a variety of infectious diseases.
$61.6M
51/100
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Evofem's Investments and acquisitions

Evofem has made no investments or acquisitions yet.

Reports related to Evofem

Here is the latest report on Evofem's sector:
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News related to Evofem

Media has covered Evofem for a total of 16 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
•
Investing•Apr 15, 2025•Evofem, Aditx Therapeutics
•
PR Newswire•Mar 26, 2025•Evofem, Windtree Therapeutics
•
PR Newswire•Feb 13, 2025•Evofem
•
PR Newswire•Nov 15, 2024•Evofem
•
TMC•Nov 07, 2024•Aditx Therapeutics, Evofem
•
Business Wire•Nov 06, 2024•Evofem, Aditx Therapeutics
•
Business Wire•Oct 28, 2024•Aditx Therapeutics, Evofem
•
Business Wire•Oct 08, 2024•Aditx Therapeutics, Evofem
•
Business Wire•Sep 20, 2024•Aditx Therapeutics, Evofem
•
Seeking Alpha•Sep 09, 2024•Aditx Therapeutics, Evofem
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