Encoded Therapeutics

Drug Discovery

Encoded Therapeutics is a private drug discovery company. It was valued at $1.8 billion at its Series F in Sep 2026, the last priced event on record. It has raised $275 million across 2 recorded rounds; the latest was a $275 million Series F in Sep 2026.

PMV mark · valuation
$1.8B
Oct 2026
Priced at
its Series F
Sep 2026
Total raised
$275.0M
Last round
Series F
Sep 2026

Encoded Therapeutics key facts

as of Oct 2026
  • Encoded Therapeutics is valued at approximately $1.8B as of Oct 2026, set at its Series F, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $275.0M across 2 recorded rounds; the latest was Series F ($275.0M) in Sep 2026.
  • Notable investors include ARCH Venture Partners, Venrock, Illumina Ventures, RTW Investments, Farallon Capital Management — 9 tracked in total.
PrivateMarketView mark
MEDIUM confidence
$1.8B

Valued at $1.8B at its Series F, Sep 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Encoded Therapeutics funding rounds

2 rounds
Sep 2026Series F$275.0M▮
Apr 2017Accelerator/Incubator—▮

Encoded Therapeutics valuation

Encoded Therapeutics was valued at $1.8 billion at its Series F in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, Encoded Therapeutics's record added 1 funding round.

How much has Encoded Therapeutics raised?

Encoded Therapeutics has raised $275 million across 2 recorded rounds since 2017. The largest was a $275 million Series F in Sep 2026. 1 of the rounds disclosed a post-money valuation.

Encoded Therapeutics investors

9 investors are on record for Encoded Therapeutics, including ARCH Venture Partners, Venrock, Illumina Ventures and RTW Investments. By type, the record holds 4 venture capital firms, 4 hedge funds and 1 family office. The Series F in Sep 2026 drew 12 investors.

Comparable companies

Comparable drug discovery names by valuation on PrivateMarketView: Formation Bio ($1.7 billion), Areteia Therapeutics ($1.3 billion) and Neurona Therapeutics ($1.1 billion).

About Encoded Therapeutics

Industry
Drug Discovery

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