Allay Therapeutics

San Jose, CA · Founded 2016 · Privately Held (backing)

Developer of sustained analgesic products designed to provide post-surgical pain management and recuperation for patients and physicians. Allay Therapeutics is based in San Jose, CA and was founded in 2016. It was valued at $126 million at its later-stage round in Jun 2025, the last priced event on record. It has raised $175 million across 3 recorded rounds; the latest was a $45 million early-stage round in Jan 2025.

PMV mark · valuation
$126.0M
Oct 2026
Priced at
its later-stage round
Jun 2025
Total raised
$174.8M
Last round
Early Stage VC
Jan 2025

Who backs Allay Therapeutics?

19 investors
InvestorType
New Enterprise AssociatesVenture capital
Temasek HoldingsOther
EDBIVenture capital
SGInnovateOther
Vertex GrowthVenture capital
Arboretum VenturesVenture capital
Lightstone VenturesVenture capital
Brandon CapitalVenture capital
ClavystBioOther
Evonik Venture CapitalOther
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Allay Therapeutics investors

19 investors are on record for Allay Therapeutics, including New Enterprise Associates, Temasek Holdings, EDBI and SGInnovate. By type, the record holds 6 venture capital firms and 1 family office. The early-stage round in Jan 2025 drew 18 investors.

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