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OnCusp Therapeutics

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OnCusp Therapeutics is a biopharmaceutical company turning cutting-edge research assets into innovative oncology treatments

New York City, United StatesFounded 2021Biotech & Life Sciences
Valuation $500M–1B Last recorded · 2024
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OnCusp Therapeutics and the history behind them.

About OnCusp Therapeutics

OnCusp Therapeutics is a global biopharmaceutical company specializing in oncology, which is the study and treatment of cancer. The company focuses on transforming promising research into effective cancer treatments. Led by a team with extensive experience in business development and clinical research, OnCusp aims to accelerate the development of new cancer drugs to provide hope and help to patients worldwide.

The company operates in the biopharmaceutical market, targeting advanced solid tumors, which are masses of tissue that can be cancerous. OnCusp's primary clients are healthcare providers and institutions involved in cancer treatment, as well as patients who suffer from advanced stages of cancer.

OnCusp's business model revolves around developing a portfolio of first-in-class oncology assets. This means they focus on creating new and unique cancer treatments that have not been available before. They make money by advancing these treatments through various stages of clinical trials and then partnering with larger pharmaceutical companies for further development, commercialization, and distribution. These partnerships often involve licensing deals, where OnCusp receives upfront payments, milestone payments as the drug progresses through development stages, and royalties on sales once the drug is marketed.

One of their leading projects is CUSP06, a drug designed to treat advanced solid tumors that express a protein called Cadherin 6 (CDH6). CUSP06 is engineered to be more potent, stable, and effective against drug resistance, making it a potentially safer and more effective option for patients. The drug has shown promising results in preclinical trials and has recently entered Phase 1 clinical trials, which is the first stage of testing in humans.

In summary, OnCusp Therapeutics is dedicated to accelerating cancer drug innovation, leveraging its experienced team and strategic partnerships to bring new treatments to market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
New York City, United States
Employees
28
Open positions
None listed
Dealroom signal
84.0/100
Industry
Health
Sub-industry
Pharmaceutical
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, proteomics, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Jan 2024 $100M $400M BioTrack Capital · Catalio Capital Management · Novo Holdings · OrbiMed ↗
SEEDOther financing Apr 2021 $25M $100M WuXi Biologics · BioTrack Capital · HongShan —
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Growth signals

OnCusp Therapeutics website traffic

Latest recorded traffic for OnCusp Therapeutics is 2.1K monthly website visits, up 23.5% over the last three months. OnCusp Therapeutics's team grew 12% over the past year.

Latest monthly visits2.1K 3-month web change+23.5% 1-year team growth+12%
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
Nexo TherapeuticsUses a combination of covalent ligand discovery and chemical biology to develop new cancer therapies Golden, United States Operational 19 $60M $240M
DISCO PharmaceuticalsBiotechnological research as well as the development, production and distribution of biotechnological products and solutions of all kinds Cologne, Germany Operational
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
PROSION TherapeuticsPROSION Therapeutics is a drug development company with a proprietary platform that addresses highly unmet medical needs by unlocking undruggables Cologne, Germany Operational
Amphista TherapeuticsNext-generation therapeutics for targeted protein degradation Great Abington, United Kingdom Operational
Quintessence BiosciencesBiopharmaceutical company focusing on the development of protein-based therapeutics as anti-cancer agents Madison, United States Closed
Hercules PharmaceuticalsDevelops new drug to improve the immuun system of cancer patients Bussum, Netherlands Closed
CantargiaDevelops a therapy for the treatment of cancer by targeting a unique cell-surface receptor on malignant stem cells Lund Municipality, Sweden Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

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

Seed3 investors entered at this stage

Series A9 investors entered at this stage

Team profiled 9 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 States83.3%
🇨🇳 China11.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OnCusp 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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