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Sensei Biotherapeutics

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An innovator in the field of next-generation cancer immunotherapies

Gaithersburg, United StatesFounded 1999Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Sensei Biotherapeutics

Sensei Biotherapeutics, Inc. is a clinical-stage biotechnology company focused on developing therapies for cancer patients. Publicly traded on NASDAQ under the symbol SNSE since its upsized initial public offering in February 2021, the company is structured to advance its pipeline through strategic collaborations and licensing agreements. As of June 2025, the company's cash, cash equivalents, and marketable securities were reported at $28.6 million, which is expected to fund operations into the second quarter of 2026.

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The company was founded in 1999, previously known as Panacea Pharmaceuticals, and is headquartered in Rockville, Maryland. John Celebi, President and CEO, has a background that includes early work at Tularik, Inc. and holds a B.S. in biophysics and an MBA from Carnegie Mellon University. He leads a team with extensive experience in immuno-oncology, credited with advancing numerous programs into clinical studies.

Sensei's core technology is its Tumor Microenvironment Activated Biologics (TMAb™) platform. This platform engineers conditionally active therapeutics designed to target the unique characteristics of the tumor microenvironment, specifically its low-pH conditions. This approach aims to activate an immune response selectively against cancer cells while avoiding the on-target, off-tumor toxicities that have challenged previous immunotherapies. The business model centers on the discovery and development of these next-generation treatments, with revenue generated through partnerships and licensing.

The lead product candidate is solnerstotug (formerly SNS-101), a conditionally active monoclonal antibody that blocks the VISTA checkpoint. VISTA is an immune checkpoint that suppresses T-cell activity within the acidic tumor microenvironment. By binding selectively to VISTA only under low-pH conditions, solnerstotug is designed to inhibit its interaction with the PSGL-1 receptor on T-cells, thereby activating an anti-tumor immune response. This pH-sensitive mechanism intends to mitigate risks like cytokine release syndrome that have hindered first-generation anti-VISTA antibodies. Solnerstotug is currently being evaluated in a Phase 1/2 clinical trial as a monotherapy and in combination with Regeneron's PD-1 inhibitor, Libtayo® (cemiplimab), for patients with advanced solid tumors. The company's pipeline also includes earlier-stage candidates like SNS-102, which targets VSIG4, and SNS-103, targeting CD39, both designed with the same selective activation principle.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
Gaithersburg, United States
Employees
16
Open positions
None listed
Dealroom signal
65.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Synthetic Biology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Feb 2026
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Sensei Biotherapeutics.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VCOther financing Feb 2026 $200M RA Capital Management · Fairmount Partners · Logos Capital · B Capital
IPOExit Feb 2021 $133M $133M Undisclosed
Showing the latest 2 of 10 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.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Sensei Biotherapeutics website traffic

Latest recorded traffic for Sensei Biotherapeutics is 3.9K monthly website visits, down 20.4% over the last three months. Sensei Biotherapeutics's team declined 11.1% over the past year.

Latest monthly visits3.9K 3-month web change-20.4% 1-year team growth-11.1%
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

22 investors on the cap table

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

Series A9 investors entered at this stage

  • MedImmune Ventures
  • H&S Ventures
  • Cambrian BioPharma
  • Apeiron Investment Group
  • Future Ventures
  • Presight Capital
  • Catalio Capital Management
  • Moore Strategic Ventures
  • Pura Vida Investments

Series B and later2 investors entered at this stage

Other known investors11 additional known investors

Team profiled 8 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 States94.1%
🇬🇧 United Kingdom5.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sensei Biotherapeutics 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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