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Raze Therapeutics

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Biotechnology company that engages in the discovery and development of oncology therapeutics

Cambridge, United StatesFounded 2013Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2014
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Raze Therapeutics

Raze Therapeutics was a biotechnology firm established in 2013, focusing on a specific area of cancer research. The company was co-founded by the venture capital firm Atlas Venture, with Peter Barrett of Atlas serving as a co-founder and Chairman of the board. The scientific foundation of Raze was built upon the discoveries of its scientific founders: Vamsi Mootha, M.D., of Massachusetts General Hospital; Joshua Rabinowitz, M.D., Ph.D., of Princeton University; and David Sabatini, M.D., Ph.D., of the Whitehead Institute. These scientists had independently uncovered crucial aspects of one-carbon (1C) metabolism's role in cancer growth. Adam Friedman, M.D., Ph.D., also a co-founder, served as Director of Corporate Development.

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The company's central business was the discovery and development of a new class of oncology therapeutics. Raze's strategy revolved around targeting mitochondrial one-carbon (1C) metabolism, a set of pathways essential for the rapid accumulation of biomass required for tumor growth and survival. This approach was considered a new frontier in cancer treatment, as these specific pathways were previously underappreciated and not explicitly targeted for drug development. The company's proprietary drug discovery platform was designed to create therapeutics that could selectively starve cancer cells of the precursors needed for their growth, aiming to treat both solid and hematologic cancers. The business model involved leveraging its platform to build a pipeline of therapeutic candidates, with the potential for future partnerships.

In October 2014, Raze Therapeutics launched publicly with a significant $24 million Series A financing round. The funding was intended to advance the development of its novel therapeutics. Key investors in this round included Atlas Venture, MPM Capital Management, MS Ventures, Partners Innovation Fund, Astellas Venture Management, and Novartis. Despite its promising start and the notable assembly of scientific and financial backing, the company ultimately ceased operations. It was shut down at the end of 2015, having been in an incubation phase at Atlas Venture. An Atlas partner stated that while the company made intriguing progress, the underlying biology of cancer metabolism proved to be too complex to justify further investment. The company's scientific assets were returned to academia for additional exploration.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Cambridge, United States
Employees
1
Open positions
None listed
Dealroom signal
23.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Developer Tools, Biotechnology, Oncology, Spinout, Biotech and Pharma, DT and LS, science-based

Latest news

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Oct 2014 $24M $96M Novartis · Atlas Venture · MPM BioImpact · Astellas Venture
SPINOUTOther financing Jan 2013 $0 Princeton University · Massachusetts General Hospital · Whitehead Institute
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Growth signals

Raze Therapeutics website traffic

Latest recorded traffic for Raze Therapeutics is 110 monthly website visits. Raze Therapeutics's team grew 0% over the past year.

Latest monthly visits110 1-year team growth0%
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Investors

9 investors on the cap table

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

Series A6 investors entered at this stage

  • Atlas Venture
  • Novartis
  • MPM BioImpact
  • Astellas Venture
  • Partners Innovation Fund
  • M Ventures

Other known investors3 additional known investors

  • Massachusetts General Hospital
  • Princeton University
  • Whitehead Institute
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇺🇸 United States · Cambridge HQ
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Market sentiment

Posts on X, past 7 days

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

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