DepYmed

Farmingdale, NY · Founded 2014 · Privately Held (backing)

Developer of potent inhibitors of the enzyme designed to offer therapeutics for cancer and rare diseases. DepYmed is based in Farmingdale, NY and was founded in 2014. Its last reported valuation was $36.3 million in Apr 2021. It has raised $14.3 million across 6 recorded rounds; the latest was a $250,000 seed round in Apr 2025.

Last reported valuation
$36.3M
Oct 2026
Priced at
—
Total raised
$14.3M
Last round
Seed Round
Apr 2025

DepYmed key facts

as of Oct 2026
  • Developer of potent inhibitors of the enzyme designed to offer therapeutics for cancer and rare diseases.
  • DepYmed is valued at approximately $36.3M as of Oct 2026 (last reported valuation).
  • It has raised $14.3M across 6 recorded rounds; the latest was Seed Round ($250K) in Apr 2025.
  • Notable investors include Accelerate Long Island, Cold Spring Harbor Laboratory, Jove Equity Partners, Long Island Emerging Technologies Fund, Long Island Emerging Technologies Fund (LIETF) — 8 tracked in total.
  • DepYmed has filed 6 Form Ds with the SEC since 2021, most recently Apr 2025 ($250K sold to 1 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$36.3M

DepYmed's last reported valuation, Apr 2021. Nothing priced has surfaced since.

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DepYmed funding rounds

6 rounds
Apr 2025Seed Round$250KSEC filing▮
Jan 2025Seed Round$250KSEC filing▮
Aug 2024Seed Round$600KSEC filing▮
Mar 2024Seed Round$500KSEC filing▮
Mar 2023Seed Round$2.0MSEC filing▮

DepYmed valuation

DepYmed's last reported valuation was $36.3 million in Apr 2021. No priced round, secondary trade or fund mark has surfaced since.

How much has DepYmed raised?

DepYmed has raised $14.3 million across 6 recorded rounds since 2021. The largest was a $600,000 seed round in Aug 2024; the most recent was a $250,000 seed round in Apr 2025.

DepYmed has filed 6 Form Ds with the SEC since 2021, most recently in Apr 2025 ($250,000 sold to 1 investor).

DepYmed investors

8 investors are on record for DepYmed, including Accelerate Long Island, Cold Spring Harbor Laboratory, Jove Equity Partners and Long Island Emerging Technologies Fund. The seed round in Apr 2025 drew 1 investor.

About DepYmed

Developer of potent inhibitors of the enzyme designed to offer therapeutics for cancer and rare diseases. The company develops novel small-molecule phosphatase inhibitors and copper-chelating compounds targeting protein tyrosine phosphatases, with applications across cancer, Wilson's Disease, Rett Syndrome, and other metabolic and rare disease indications, enabling pharmaceutical and biotechnology stakeholders to advance therapeutic candidates into clinical development.

Sector
Healthcare
HQ
Farmingdale, NY, United States
Founded
2014
Employees
2
Ownership
Privately Held (backing)

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