ReCode Therapeutics

Menlo Park, CA · Founded 2015 · Privately Held (backing)

Developer of targeted delivery technology designed for patients with rare diseases. ReCode Therapeutics is based in Menlo Park, CA and was founded in 2015. It was valued at $700 million at its later-stage round in Sep 2023, the last priced event on record. It has raised $388 million across 3 recorded rounds; the latest was a $29.4 million debt round in Sep 2025.

PMV mark · valuation
$700.0M
Oct 2026
Priced at
its later-stage round
Sep 2023
Total raised
$388.0M
Last round
Debt
Sep 2025
What is ReCode Therapeutics worth?
$700.0MPrivateMarketView mark · Oct 2026

Valued at $700.0M at its later-stage round, Sep 2023. 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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Markrounds hold their value until the next priced eventMark, today
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ReCode Therapeutics funding history

3 rounds
DateRoundRaisedPost-money
Sep 2025Debt$29.4M▮
Oct 2021Later Stage VC$259.8M▮
Mar 2020Early Stage VC$27.5M▮
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ReCode Therapeutics valuation

ReCode Therapeutics was valued at $700 million at its later-stage round in Sep 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has ReCode Therapeutics raised?

ReCode Therapeutics has raised $388 million across 3 recorded rounds since 2020. The largest was a $29.4 million debt round in Sep 2025.

ReCode Therapeutics has filed 5 Form Ds with the SEC since 2020, most recently in Sep 2023 ($260 million sold to 28 investors).

How ReCode 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 ReCode 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 ReCode Therapeutics

What is ReCode Therapeutics worth?
ReCode Therapeutics is valued at $700.0M as of Oct 2026. Valued at $700.0M at its later-stage round, Sep 2023. Nothing has traded since.
How much has ReCode Therapeutics raised?
ReCode Therapeutics has raised $388.0M in total funding across 3 recorded rounds.
When did ReCode Therapeutics last raise?
ReCode Therapeutics last raised in Sep 2025 (Debt), raising $29.4M.