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Terray Therapeutics
Biotech & Life Sciences · Pasadena, United States · Founded 2018
Terray Therapeutics – A New Paradigm in Drug Discovery MoreLess
Terray Therapeutics is a startup that operates in the pharmaceutical industry, focusing on the discovery and development of small molecule drugs. The company uses a unique blend of experimentation and computation, leveraging high-quality data at scale to unlock the potential of generative AI for small molecule discovery. This innovative approach allows Terray to address some of the most challenging therapeutic problems.
The company's business model is centered around a workflow that equally emphasizes wet lab science and AI. This approach enables Terray to generate a vast experimental dataset, which includes more than two billion unique target-ligand binding measurements, with 150 million new measurements added every month. This wealth of data allows for accurate molecular property prediction using deep learning regression models.
Terray's rapid design-make-test-analyze cycle, which takes less than a month per target, allows the company to explore chemical space efficiently, experimentally measuring millions of molecules at a time. This process enables the company to quickly identify potent, selective small molecules for many targets simultaneously, providing multiple points of intervention to treat diseases.
The company's primary focus is on immunology, but it also partners with large pharmaceutical and biotech companies to apply its platform to a wide range of challenging targets and therapeutic areas. This partnership model provides an additional revenue stream for the company, alongside its internal drug discovery efforts.
Keywords: Small Molecule Drugs, Drug Discovery, Generative AI, Wet Lab Science, High-Quality Data, Deep Learning Regression Models, Rapid Design-Make-Test-Analyze Cycle, Immunology, Pharmaceutical Partnerships, Therapeutic Challenges.
Company overview
Terray Therapeutics company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Pasadena, United States
- Employees
- 140
- Open positions
- 4
- Dealroom signal
- 87.3
Valuation & funding
Terray Therapeutics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Oct 2024 | $120M | $480M | Goldcrest Capital · XTX Ventures · NVentures · Two Sigma Ventures | ↗ |
| EARLY VCOther financing | Nov 2023 | — | — | Bassil Dahiyat · NVentures · John Maraganore | ↗ |
| SERIES AOther financing | Feb 2022 | $60M | $240M | Alexandria Venture Investments · Greentrail Capital · Madrona Venture Group · Two Sigma Ventures | ↗ |
| SEEDOther financing | Jun 2021 | $15M | $60M | Digitalis Ventures · Two Sigma Ventures | ↗ |
| SEEDOther financing | Mar 2019 | — | — | KdT Ventures · Two Sigma Investments | — |
| SEEDOther financing | Mar 2019 | Two Sigma Investments | — | ||
| SPINOUTOther financing | Jan 2018 | City of Hope City of Hope National Medical Center | — |
Growth signals
Terray Therapeutics website traffic
Latest recorded traffic for Terray Therapeutics is 7.1K monthly website visits, down 70.4% over the last three months. Terray Therapeutics's team grew 7.7% over the past year.
Hiring
Open positions at Terray Therapeutics
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Comparisons
Terray Therapeutics compared with similar companies
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Talent graph
Terray Therapeutics's talent
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Global footprint
Where Terray Therapeutics has talent and traffic
team presence
In the news
Latest news about Terray Therapeutics
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Market sentiment
What the market is saying about Terray Therapeutics
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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