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TransCode Therapeutics

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Delivering on the promise of RNAi therapeutics to defeat cancer

Boston, United StatesFounded 2016Biotech & Life Sciences
Valuation $29M Market cap · 2026

About TransCode Therapeutics

TransCode Therapeutics, based in Boston, is a biotechnology company focused on oncology. The company is dedicated to developing innovative therapies aimed at eradicating metastatic tumor cells, which are cancer cells that have spread from the primary tumor to other parts of the body. TransCode's investigational platform includes therapeutic candidates like TTX MC138 and diagnostics, which are currently in development and have not yet been evaluated by the FDA or any other regulatory agency. The company's approach targets the genetic markers that drive cancer onset, progression, and recurrence, aiming to deliver these therapies directly to the cells and tissues of interest while minimizing side effects in other tissues. TransCode operates in the biotechnology and pharmaceutical market, primarily serving cancer patients and healthcare providers. The business model revolves around research and development of cancer therapies, with revenue generated through partnerships, clinical trials, and future commercialization of their products.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2016
Headquarters
Boston, United States
Listing
IPO 2021
Employees
16
Open positions
None listed
Dealroom signal
76.9/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Oct 2025
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing Apr 2026 $0 — Undisclosed ↗
POST IPO EQUITY✓Other financing Oct 2025 $25M — Ck-lifesciences ↗
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 $0 — −$18M — −$35M — $13M
2025 $0 — −$18M — −$35M — $13M
2024 $0 — −$15M — −$17M — $9.7M
2023 $0 — −$18M — — $12M
2022 $0 — −$17M — —
2021 — — −$5.8M — —
2020 — — −$726K — —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

TransCode Therapeutics website traffic

Latest recorded traffic for TransCode Therapeutics is 2K monthly website visits, down 4.8% over the last three months. TransCode Therapeutics's team declined 5.9% over the past year.

Latest monthly visits2K 3-month web change-4.8% 1-year team growth-5.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

9 investors on the cap table

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

Seed3 investors entered at this stage

Series B and later1 investor entered at this stage

  • Ck-lifesciences

Other known investors5 additional known investors

  • Harvard Medical School
  • Massachusetts General Hospital
  • Michigan State University Research Foundation
  • Red Cedar Ventures
  • TRITON FUNDS
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
3 countries with
team presence
🇺🇸 United States81.8%
🇳🇱 Netherlands9.1%
🇧🇪 Belgium9.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about TransCode 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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