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Terray Therapeutics
Terray Therapeutics – A New Paradigm in Drug Discovery
About Terray Therapeutics
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Pasadena, United States
- Employees
- 140
- Open positions
- 4
- Dealroom signal
- 87.3/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Drug Development, Core AI, Spinout, Generative AI, AI Drug Discovery, genAI Applications, Techbio
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
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 | ↗ |
Growth signals
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.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Two Sigma Investments
KdT Ventures
Digitalis Ventures
Two Sigma Ventures
Series A12 investors entered at this stage
Madrona Venture Group
Alexandria Venture Investments
Greentrail Capital
Goldcrest Capital
Sahsen Ventures
XTX Ventures
NVentures
Bassil Dahiyat
John Maraganore
Bedford Ridge Capital
Maverick Capital
What If Ventures
Other known investors1 additional known investor
City of Hope City of Hope National Medical Center
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Terray Therapeutics 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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