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Leap Therapeutics

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A biopharmaceutical company in the clinical stage, acquiring and advancing innovative therapeutics at the forefront of cancer research

Cambridge, United StatesFounded 2011Biotech & Life Sciences
Valuation $157M Market cap · 2025
Revenue $1.5M Latest reported FY

About Leap Therapeutics

Leap Therapeutics, Inc. is a clinical-stage biopharmaceutical company, founded in 2011 and based in Cambridge, Massachusetts, that develops targeted antibody therapies for cancer treatment. The company's business model is research-driven, concentrating on conducting clinical trials and forming strategic partnerships with academic institutions and pharmaceutical companies to advance drug development. As a clinical-stage entity, Leap's financial structure relies on funding from equity offerings, collaborative agreements, and grants rather than revenue from product sales.

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The company was founded by individuals with deep roots in the venture capital and biopharmaceutical sectors. Christopher K. Mirabelli, Ph.D., served as the initial President and CEO from 2011 until 2020 and has been the Chairman of the Board since 2016. His background includes leadership roles at Millennium Pharmaceuticals and LeukoSite Inc., alongside his position as a managing director at HealthCare Ventures LLC. Douglas E. Onsi, the current President and CEO, has been with the company since its inception, initially as CFO, Treasurer, and Secretary. Onsi's experience includes serving as a managing director at HealthCare Ventures and holding various leadership positions at Genzyme Corporation. This collective experience in both drug development and venture financing has shaped Leap's strategy.

Leap's therapeutic pipeline is headlined by its lead candidate, sirexatamab (DKN-01), a humanized monoclonal antibody that targets the Dickkopf-1 (DKK1) protein. The DKK1 protein is implicated in tumorigenesis and is associated with poor clinical outcomes in several cancers. DKN-01 works by blocking DKK1's activity, which in turn is believed to reduce cancer cell proliferation, suppress immunosuppressive cells in the tumor microenvironment, and activate the innate immune system. The company is developing DKN-01 for patients with esophagogastric, gynecologic, and colorectal cancers, often in combination with other treatments like chemotherapy or checkpoint inhibitors. In addition to DKN-01, Leap's pipeline includes other monoclonal antibodies in various stages of development, such as FL-301, targeting Claudin18.2 for gastric and pancreatic cancer, and FL-501, targeting the GDF-15 protein.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2011
Headquarters
Cambridge, United States
Listing
IPO 2017
Employees
18
Open positions
None listed
Dealroom signal
29.9/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Investment activity
3 companies, latest Mar 2026
Capital deployed
$5M
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Oct 2025 $59M — Winklevoss Capital ↗
PRIVATE PLACEMENT VCOther financing Apr 2024 $40M — 683 Capital · Rock Springs Capital · Gilead Sciences · Samsara BioCapital ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $1.5M 0% −$70M -4667.3%
2025 $1.5M 0% −$70M -4667.3%
2024 $1.5M 0% −$70M -4667.3%
2023 $1.5M 0% −$81M -5426.5%
2022 $1.5M 0% −$54M -3585.8%
2021 $1.5M 0% −$40M -2679.4%
2020 $1.5M — −$28M -1881%
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Growth signals

Leap Therapeutics website traffic

Latest recorded traffic for Leap Therapeutics is 4.3K monthly website visits, up 34.4% over the last three months. Leap Therapeutics's team declined 30.8% over the past year.

Latest monthly visits4.3K 3-month web change+34.4% 1-year team growth-30.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
AtG TherapeuticsAt AtG, we develop novel classes of medicines and biomarkers to prevent cancer therapeutic resistance L'Hospitalet de Llobregat, Spain Operational 10 $616K $2.5M
BAKX TherapeuticsWe create targeted cancer therapies through unique insights into the conformationally dynamic protein drivers of the mitochondrial apoptosis pathway combined with structure-based drug design and computational simulations Kingston, United States Closed
PrecirixCamelid-derived radiopharmaceuticals for targeted cancer therapy Jette, Belgium Operational
PROSION TherapeuticsPROSION Therapeutics is a drug development company with a proprietary platform that addresses highly unmet medical needs by unlocking undruggables Cologne, Germany Operational
PhilogenDevelop innovative biopharmaceuticals for the treatment of angiogenesis-related disorders Sovicille, Italy Operational
Persephone BiosciencesSynthetic biology company developing a platform to industrialize and scale the microbiome San Diego, United States Operational
ADCendoA Copenhagen-based biotech company dedicated to developing highly differentiated antibody-drug conjugates (ADCs) for the treatment of underserved cancers Copenhagen, Denmark Operational
Asgard TherapeuticsSpin-off company from Lund University focusing on developing cancer immunotherapies based on cell fate reprogramming Lund Municipality, Sweden Operational
Showing 8 of the closest matchesCompare every metric →

Investors

7 investors on the cap table

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

Seed1 investor entered at this stage

  • Torrey Pines Investment

Series B and later1 investor entered at this stage

Other known investors5 additional known investors

  • 683 Capital
  • Gilead Sciences
  • Laurion Capital Management
  • Rock Springs Capital
  • Samsara BioCapital
Team profiled 5 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Leap Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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