Persephone Biosciences

Drug Discovery · San Diego, CA · Founded 2017 · Privately Held (backing)

Developer of equitable precision medicines designed to focus on microbial therapeutics for immuno-oncology applications. Persephone Biosciences is based in San Diego, CA and was founded in 2017. It was valued at $37.3 million at its later-stage round in Oct 2024, the last priced event on record. It has raised $21.6 million across 3 recorded rounds; the latest was a $317,000 seed round in Feb 2021.

PMV mark · valuation
$37.3M
Oct 2026
Priced at
its later-stage round
Oct 2024
Total raised
$21.6M
Last round
Seed Round
Feb 2021

Persephone Biosciences key facts

as of Oct 2026
  • Developer of equitable precision medicines designed to focus on microbial therapeutics for immuno-oncology applications.
  • Persephone Biosciences is valued at approximately $37.3M as of Oct 2026, set at its later-stage round, Oct 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $21.6M across 3 recorded rounds; the latest was Seed Round ($317K) in Feb 2021.
  • Notable investors include Y Combinator, Pioneer Fund, Gaingels, Springboard Enterprises, ZhenFund — 31 tracked in total.
  • Persephone Biosciences has filed 1 Form D with the SEC, most recently Mar 2021 ($317K sold to 24 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$37.3M

Valued at $37.3M at its later-stage round, Oct 2024. Nothing has traded since.

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

3 rounds
Feb 2021Seed Round$317KSEC filing▮
Jan 2018Accelerator/Incubator$120K▮
Jul 2017Accelerator/Incubator—▮

Persephone Biosciences valuation

Persephone Biosciences was valued at $37.3 million at its later-stage round in Oct 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Persephone Biosciences raised?

Persephone Biosciences has raised $21.6 million in total; 3 of its rounds are on record, from 2017 on. The largest on record was a $317,000 seed round in Feb 2021.

Persephone Biosciences has filed 1 Form D with the SEC, most recently in Mar 2021 ($317,000 sold to 24 investors).

Persephone Biosciences investors

31 investors are on record for Persephone Biosciences, including Y Combinator, Pioneer Fund, Gaingels and Springboard Enterprises. By type, the record holds 6 venture capital firms. The seed round in Feb 2021 drew 24 investors.

Comparable companies

Comparable drug discovery names by valuation on PrivateMarketView: Hinge Bio ($46 million), ParcelBio ($41.2 million) and Solarea Bio ($37 million).

About Persephone Biosciences

Developer of equitable precision medicines designed to focus on microbial therapeutics for immuno-oncology applications. The company's medicines use artificial intelligence and omics techniques on multiple cancer patient gut microbiomes and blood samples to identify microbes needed for normal immune function for population-scale patient data analytics, enabling lab researchers to design microbial drugs that prevent and fight cancer.

Industry
Drug Discovery
Sector
Healthcare
HQ
San Diego, CA, United States
Founded
2017
Employees
22
Ownership
Privately Held (backing)

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