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Spyre Therapeutics | Aeglea BioTherapeutics

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Develops engineered antibodies with extended half-lives to provide high-potency monotherapies and rational combinations for inflammatory bowel disease

Waltham, United StatesFounded 2013Biotech & Life Sciences
Valuation $8.07B Market cap · 2026
Revenue $886K Latest reported FY
Total funding $100–500M Disclosed equity funding

About Spyre Therapeutics | Aeglea BioTherapeutics

Spyre Therapeutics (formerly Aeglea BioTherapeutics) is a clinical-stage biotechnology company focused on developing next-generation antibody therapeutics for inflammatory bowel disease (IBD). Following the 2023 acquisition of Spyre Therapeutics by Aeglea and subsequent rebranding, the company transitioned away from its historical emphasis on engineered human enzymes for rare metabolic diseases to a new focus on immunology-driven therapies with potential best-in-class profiles.

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Spyre is building a diversified pipeline of long-acting antibodies designed to target validated pathways in IBD, including anti-α4β7 and anti-TL1A programs. These candidates aim to improve durability, patient convenience, and combination-therapy potential. The company’s business model centers on the discovery, clinical development, and commercialization of innovative biologics that address large, underserved markets in inflammatory disease.

As a clinical-stage company, Spyre Therapeutics does not yet have approved products, and its operations are primarily funded through venture investment, public equity financing, and partnerships. The company serves a significant unmet need within the gastrointestinal therapeutics market, focusing on more effective and durable treatment options for patients with ulcerative colitis and Crohn’s disease.

The company’s legacy rare-disease enzyme program—pegzilarginase for Arginase 1 Deficiency—has been deprioritized following the strategic shift and is now maintained only as part of historical Aeglea development activities.

Source: Dealroom company data

At a glance

Founded
2013
Headquarters
Waltham, United States
Listing
IPO 2016
Sector
Biotech & Life Sciences
Power Law
Unicorn$1–10B valuation tier

Investors

36 investors on the cap table

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

Series A19 investors entered at this stage

Series B and later17 investors entered at this stage

  • Affinity Asset Advisors
  • New Ground Ventures
  • University of Texas at Austin
  • Deep Track Capital
  • Boxer Capital
  • Great Point Capital
  • Venrock
  • Braidwell
  • Access Industries
  • Commodore Capital
  • Perceptive Advisors
  • RTW Investments
  • Woodline Partners
  • Fairmount Funds Management
  • Venrock Healthcare Capital Partners
  • Cormorant Asset Management
  • Polar Capital
Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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
🇺🇸 United States · Waltham HQ
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Web traffic by country
11K monthly visits
across markets
🇺🇸 United States84.5%
🇮🇳 India12.7%
🇵🇭 Philippines2.7%
Top 3 markets shown

Patents

Estimated portfolio value
$21M

12 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Spyre Therapeutics | Aeglea 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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