Convergent Therapeutics

Drug Discovery · Cambridge, MA · Founded 2020 · Privately Held (backing)

Operator of a clinical-stage biotechnology company intended to explore the full potential of alpha-emitting radioantibodies to treat cancer. Convergent Therapeutics is based in Cambridge, MA and was founded in 2020. Its last known valuation is $280 million. It has raised $130 million across 2 recorded rounds; the latest was a $22.2 million early-stage round in Jul 2024.

Last price · $/share
—
Implied valuation
$280.0M
Total raised
$130.0M
Last round
Early Stage VC
Jul 2024
What is Convergent Therapeutics worth?
$280.0Mlast known valuation

Convergent Therapeutics last raised $22.2M in its Early Stage VC (Jul 2024).

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Convergent Therapeutics funding history

2 rounds
DateRoundRaisedPost-money
Jul 2024Early Stage VC$22.2M▮
May 2023Early Stage VC (Series A)$90.0M▮
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Convergent Therapeutics valuation

Convergent Therapeutics's last known valuation is $280 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Convergent Therapeutics raised?

Convergent Therapeutics has raised $130 million across 2 recorded rounds since 2023. The largest was a $90 million Series A in May 2023; the most recent was a $22.2 million early-stage round in Jul 2024.

Convergent Therapeutics has filed 2 Form Ds with the SEC since 2023, most recently in Aug 2024 ($22.2 million sold to 1 investor).

Comparable companies

Comparable drug discovery names by valuation on PrivateMarketView: Mythic Therapeutics ($293 million), City Therapeutics ($285 million) and Ensoma ($280 million).

How Convergent Therapeutics's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Convergent Therapeutics, too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about Convergent Therapeutics

What is Convergent Therapeutics worth?
Convergent Therapeutics's last known valuation is $280.0M.
How much has Convergent Therapeutics raised?
Convergent Therapeutics has raised $130.0M in total funding across 2 recorded rounds.
When did Convergent Therapeutics last raise?
Convergent Therapeutics last raised in Jul 2024 (Early Stage VC), raising $22.2M.