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Pheast Therapeutics

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A cancer immunotherapy company focused on developing novel checkpoint therapies to harness the innate immune system in the fight against cancer

Redwood City, United StatesFounded 2020Biotech & Life Sciences
Valuation $250–500M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Pheast Therapeutics

Pheast Therapeutics is a biotechnology startup that operates in the healthcare sector, specifically in the field of cancer treatment. The company is focused on developing innovative immunotherapies that target and eliminate cancer cells. Their primary clients are patients suffering from aggressive forms of cancer, such as ovarian and breast cancers.

The company's unique approach involves harnessing the power of macrophages, a type of white blood cell that is part of the body's immune system. Macrophages are known as the first responders of the immune system and have the ability to detect and destroy cancer cells. However, cancer cells often evade these macrophages by expressing "don't eat me" signals. Pheast Therapeutics is developing new drugs, known as innate immune checkpoint inhibitors, to block these signals and allow macrophages to effectively target and eliminate cancer cells.

One of their leading programs is the development of anti-CD24 antibodies. CD24 is a signal highly expressed in ovarian and breast cancers. By blocking this signal, Pheast Therapeutics has observed in preclinical models that macrophages can efficiently target and eliminate cancer cells, leading to tumor clearance over time.

Pheast Therapeutics' business model revolves around the research, development, and eventual commercialization of these novel immunotherapies. The company generates revenue through the sales of these therapies once they have been approved for use in the market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Redwood City, United States
Employees
41
Open positions
None listed
Dealroom signal
77.1/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Nov 2025 $0 — Undisclosed ↗
SERIES AOther financing Apr 2022 $76M $304M Rsquared · ARCH Venture Partners · Catalio Capital Management · Alexandria Venture Investments ↗
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Growth signals

Pheast Therapeutics website traffic

Latest recorded traffic for Pheast Therapeutics is 4.9K monthly website visits, up 36.1% over the last three months. Pheast Therapeutics's team grew 2.5% over the past year.

Latest monthly visits4.9K 3-month web change+36.1% 1-year team growth+2.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

5 investors on the cap table

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

Series A4 investors entered at this stage

Other known investors1 additional known investor

  • Stanford University
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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 Pheast 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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