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Gritstone Oncology

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Developing next-generation personalized cancer therapeutics

Emeryville, United StatesFounded 2015Biotech & Life Sciences
Valuation $1.6M Market cap · 2024
Revenue $1.3M Latest reported FY
Total funding $100–500M Disclosed equity funding

About Gritstone Oncology

Gritstone bio, Inc. is a clinical-stage biotechnology company focused on developing vaccine-based immunotherapies for cancer and infectious diseases. Founded in August 2015 as Gritstone Oncology, the company was established by Andrew Allen, MD, PhD, along with Mark Cobbold, MD, PhD, and Roman Yelensky, PhD. Dr. Allen, who served as President and CEO until late 2024, previously co-founded Clovis Oncology and served as its Chief Medical Officer, bringing extensive experience in drug development. The company's founding was inspired by the need for more effective cancer treatments, particularly for solid tumors that are non-responsive to existing immunotherapies, often termed 'cold' tumors.

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Gritstone's core business revolves around its proprietary platforms designed to train the immune system to recognize and eliminate diseased cells. A key component is the Gritstone EDGE™ platform, which uses artificial intelligence and machine learning to analyze tumor tissue and predict tumor-specific neoantigens (TSNAs)—novel protein fragments on cancer cells that can be targeted by the immune system. This allows for the development of both personalized and "off-the-shelf" cancer vaccines. The company's revenue model is based on collaborations, licensing agreements, and potential future commercialization of its product candidates. A significant partnership includes a collaboration with Gilead Sciences to develop a therapeutic vaccine for HIV.

The company's product pipeline is divided into two main areas: oncology and infectious diseases. In oncology, Gritstone has two primary programs. GRANITE is a personalized cancer vaccine tailored to each patient's unique tumor mutations. It is being evaluated in a Phase 2/3 study as a maintenance treatment for patients with metastatic microsatellite-stable colorectal cancer (MSS-CRC). The second program, SLATE, is an "off-the-shelf" vaccine that targets a set of neoantigens shared across subsets of cancer patients, particularly those with KRAS mutations. Both programs utilize a prime-boost vaccine regimen involving a chimpanzee adenovirus (ChAd) vector and a self-amplifying mRNA (samRNA) vector to stimulate a potent T-cell response. In infectious diseases, the CORAL program is developing a next-generation samRNA vaccine for COVID-19, designed to offer broader and more durable protection against viral variants. The company also has a therapeutic HIV vaccine in development with Gilead. Despite filing for Chapter 11 bankruptcy in October 2024, Gritstone emerged in April 2025 with a sharpened focus on its oncological research and development.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Emeryville, United States
Listing
IPO 2018
Sector
Biotech & Life Sciences

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Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

  • Clarus Ventures
  • The Column Group
  • Frazier Healthcare Partners
  • Transformational Healthcare Opportunity
  • Versant Ventures
  • Casdin Capital
  • Redmile Group
  • Lilly Asia Ventures
  • Alexandria Venture Investments
  • Trinitas Partners

Series B and later3 investors entered at this stage

  • EcoR1 Capital
  • BVF Partners
  • Avidity Partners
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States95.7%
🇬🇧 United Kingdom4.3%
2 countries shown

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