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Shenandoah

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Development of oncology treatment technologies

Siloam Springs, United StatesFounded 2022Biotech & Life Sciences
Valuation $50–100M Last recorded · 2025
Total funding $10–50M Disclosed equity funding
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About Shenandoah

Shenandoah Therapeutics, a biotechnology firm established in 2022, is positioned at the forefront of oncology research and development. The company was co-founded by Stanford University scientists Gerald Crabtree and Nathanael Gray, who leveraged their extensive research to pioneer a novel approach to cancer treatment. Dr. Crabtree, a professor and seasoned entrepreneur in the biotech space, and Dr. Gray, a professor of chemical and systems biology, conceptualized the company's core technology based on their work in tricking cancer cells into self-destruction.

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The company's primary focus is on developing a new class of molecules known as Transcriptional Chemical Inducers of Proximity (TCIPs). This platform technology operates by artificially linking two specific proteins within a cancer cell. One protein is essential for the cancer cell's survival, while the other activates cell death genes. By bringing these proteins together, the TCIPs effectively rewire the cell's own machinery, turning a dependency for survival into a mechanism for its destruction. This gain-of-function approach departs from traditional methods that focus on blocking protein functions.

Shenandoah's business model centers on the discovery and preclinical development of these novel therapeutic solutions to address unmet medical needs. The company's initial program targets a protein called BCL6, a key driver in lymphoma, aiming to convert it from a survival factor into a cell death trigger. The goal is to advance these proprietary molecules through preclinical testing to gather sufficient data to support future clinical trials. Headquartered in South San Francisco, California, the company operates within the competitive biotechnology sector, specifically in discovery tools for healthcare. To fuel its research and development, Shenandoah Therapeutics secured $21.5 million in a seed funding round co-led by Samsara BioCapital and YK Bioventures, with participation from First Spark Ventures and Time BioVentures.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Siloam Springs, United States
Open positions
None listed
Dealroom signal
18.7/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Drug Development, Spinout, Biotech and Pharma, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Jun 2025 $20M $80M Samsara BioCapital · Highlight Capital ↗
SPINOUT✓Other financing Jan 2022 $0 — Stanford University · Stanford University School of Medicine —
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Growth signals

Shenandoah website traffic

Latest recorded traffic for Shenandoah is 1.1K monthly website visits.

Latest monthly visits1.1K
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Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Seed2 investors entered at this stage

  • Samsara BioCapital
  • Highlight Capital

Other known investors2 additional known investors

  • Stanford University
  • Stanford University School of Medicine
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Siloam Springs HQ
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Market sentiment

Posts on X, past 7 days

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