Strand Therapeutics

Drug Discovery · Boston, MA · Founded 2017 · Privately Held (backing)

Developer of a medicine infrastructure platform intended to create medicines that respond to disease signals in real-time. Strand Therapeutics is based in Boston, MA and was founded in 2017. It was valued at $571 million at its later-stage round in Aug 2025, the last priced event on record. It has raised $256 million across 3 recorded rounds; the latest was a $153 million Series B in Aug 2025.

PMV mark · valuation
$571.0M
Oct 2026
Priced at
its later-stage round
Aug 2025
Total raised
$255.6M
Last round
Later Stage VC (Series B)
Aug 2025

Strand Therapeutics key facts

as of Oct 2026
  • Developer of a medicine infrastructure platform intended to create medicines that respond to disease signals in real-time.
  • Strand Therapeutics is valued at approximately $571.0M as of Oct 2026, set at its later-stage round, Aug 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $255.6M across 3 recorded rounds; the latest was Later Stage VC (Series B) ($153.0M) in Aug 2025.
  • Notable investors include Creative Destruction Lab, MassChallenge, National Institutes of Health, Endless Frontier Labs, ANRI — 30 tracked in total.
  • Strand Therapeutics has filed 2 Form Ds with the SEC since 2019, most recently Jul 2021 ($52.1M sold to 13 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$571.0M

Valued at $571.0M at its later-stage round, Aug 2025. Nothing has traded since.

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

3 rounds
Aug 2025Later Stage VC (Series B)$153.0M▮
May 2021Later Stage VC$52.1MSEC filing▮
May 2019Early Stage VC$5.9MSEC filing▮

Strand Therapeutics valuation

Strand Therapeutics was valued at $571 million at its later-stage round in Aug 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Strand Therapeutics raised?

Strand Therapeutics has raised $256 million across 3 recorded rounds since 2019. The largest was a $5.9 million early-stage round in May 2019; the most recent was a $153 million Series B in Aug 2025.

Strand Therapeutics has filed 2 Form Ds with the SEC since 2019, most recently in Jul 2021 ($52.1 million sold to 13 investors).

Strand Therapeutics investors

30 investors are on record for Strand Therapeutics, including Creative Destruction Lab, MassChallenge, National Institutes of Health and Endless Frontier Labs. By type, the record holds 7 venture capital firms and 2 private equity firms. The Series B in Aug 2025 drew 13 investors.

Comparable companies

Comparable drug discovery names by valuation on PrivateMarketView: VeraDermics (NYS: MANE) ($596 million), Superluminal Medicines ($576 million) and Bambusa Therapeutics ($555 million).

About Strand Therapeutics

Developer of a medicine infrastructure platform intended to create medicines that respond to disease signals in real-time. The company's platform helps create programmable messenger ribonucleic acid therapies where synthetic biology meets programmable biology for logic-controlled expression, precision delivery, and control over therapeutic outcomes, enabling patients to have improved treatment options for cancer and other life-threatening diseases.

Industry
Drug Discovery
Sector
Healthcare
HQ
Boston, MA, United States
Founded
2017
Employees
119
Ownership
Privately Held (backing)

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