Pheast Therapeutics

Redwood City, CA · Founded 2021 · Privately Held (backing)

Provider of immuno-oncology therapies intended to activate the innate immune system to fight cancer. Pheast Therapeutics is based in Redwood City, CA and was founded in 2021. It was valued at $155 million at its early-stage round in Oct 2025, the last priced event on record. It has raised $101 million across 2 recorded rounds; the latest was a $24.6 million early-stage round in Oct 2025.

PMV mark · valuation
$154.6M
Oct 2026
Priced at
its early-stage round
Oct 2025
Total raised
$100.6M
Last round
Early Stage VC
Oct 2025
What is Pheast Therapeutics worth?
$154.6MPrivateMarketView mark · Oct 2026

Valued at $154.6M at its early-stage round, Oct 2025. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Pheast Therapeutics funding history

2 rounds
DateRoundRaisedPost-money
Oct 2025Early Stage VC$24.6M▮
Jan 2022Later Stage VC$75.3M▮
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Pheast Therapeutics valuation

Pheast Therapeutics was valued at $155 million at its early-stage round in Oct 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Pheast Therapeutics raised?

Pheast Therapeutics has raised $101 million across 2 recorded rounds since 2022. The largest was a $75.3 million later-stage round in Jan 2022; the most recent was a $24.6 million early-stage round in Oct 2025.

Pheast Therapeutics has filed 2 Form Ds with the SEC since 2022, most recently in Apr 2025 ($75.3 million sold to 7 investors).

How Pheast 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 Pheast Therapeutics, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Pheast Therapeutics

What is Pheast Therapeutics worth?
Pheast Therapeutics is valued at $154.6M as of Oct 2026. Valued at $154.6M at its early-stage round, Oct 2025. Nothing has traded since.
How much has Pheast Therapeutics raised?
Pheast Therapeutics has raised $100.6M in total funding across 2 recorded rounds.
When did Pheast Therapeutics last raise?
Pheast Therapeutics last raised in Oct 2025 (Early Stage VC), raising $24.6M.