Avanish Vellanki co-founded Rain Therapeutics in April 2017 and serves as chief executive officer and the chairman of the board. Avanish has over 15 years of experience in the healthcare and investment banking sectors, advising and executing several mergers and acquisitions, and equity and debt financings. Avanish began his career at Bear, Stearns & Co. in 2004 in equity research, covering small/mid-cap biotechnology stocks prior to transitioning to Global Healthcare Biopharma Investment Banking at Citigroup. At Citigroup, Avanish served as a vice president and focused on large cap global biopharmaceutical strategic and financing transactions including serving on the team that was the exclusive advisors to Bristol-Myers Squibb. Avanish joined Proteolix in 2009 as a senior director in corporate development (acquired by Onyx Pharmaceuticals). Prior to founding Rain, Avanish was senior vice president and chief business officer at Aptose Biosciences.
Avanish holds a BA from Carleton College, an MBS in Biochemistry from the University of Minnesota and MBA from the Carlson School of Management at the University of Minnesota.