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Healthcare · Boston

Helix Bio

Designed proteins for diseases too rare to attract pharma.

Stage
Series B
Founded
Founded 2018
First invested
We invested 2019
Team
95 people
Board
Board seat
Total raised
$62M
Current stage
Series B
Team
95
Founded
2018
A clinical laboratory corridor lined with equipment
Healthcare · Boston

What they build

The product, in plain terms

Helix Bio builds designed proteins for diseases too rare to attract pharma. The company started in Boston in 2018. We backed it at seed and have worked with the team through Series B.

  1. 01

    Clinical workflows built with the people who use them, tested in a real setting before a single sales call.

  2. 02

    Evidence generated on purpose. Studies, outcomes, published results, not testimonials.

  3. 03

    Integrations with the record systems that already run the building, because nothing gets adopted beside them.

Where it stands

Numbers the team watches

Reported by the company at its most recent board meeting. We publish what founders are comfortable publishing and nothing more.

Patients covered
15K
Clinician retention
82%
Time to first result
1 weeks

Why we invested

The note from the first meeting

We met Helix Bio in 2019, back when sales cycles ran in quarters and trust was the only thing that shortened them. They were building the boring half of the product first, which almost nobody does, and it made the rest of the roadmap credible.
David ChenFounding Partner
  • Went from prototype to paid pilot in a single quarter.
  • Signed its first design partner before the program ended.
  • Shipped the enterprise tier without hiring a single sales engineer.

Founders

Who is building it

Both founders were in the room the day we wrote the check, and both still run the company.

  • Marcus Petrova

    Co-founder and CEO

    Spent six years as a customer of the tools they now compete with.

  • Sofia Cohen

    Co-founder and CTO

    Ran the team that owned this problem inside a company large enough to feel it properly.

Timeline

How it has gone

The version we would give another investor, including the years where nothing looked like progress.

  1. 2018

    Founded

    Marcus Petrova and Sofia Cohen start Helix Bio in Boston around a single wedge: designed proteins for diseases too rare to attract pharma.

  2. 2019

    We invested

    We wrote the seed check and took a board seat. David Chen has worked with the team ever since.

  3. 2020

    Paid customers

    Contracts replaced pilots, and the company stopped selling a roadmap and started selling a product.

  4. 2021

    Series B round

    Raised at $480M, led by an investor we introduced during diligence. We took our full pro rata.

  5. 2026

    Where it stands

    95 people, selling in more markets than it started in, still run by the two people who wrote the first version.

Alongside us

Co-investors

We share rounds with people we would want on our own cap table.

  • Bessemer
  • Index Ventures
  • Costanoa
  • Craft Ventures

Working here

Open roles

Helix Bio is hiring in these areas. Mention us and the note gets to the founders directly.

  • Clinical operations
  • Regulatory
  • Health system sales

Building something next to Helix Bio?

We are usually early to a category and happy to be early again. Send us the short version.