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Travere Therapeutics

Biotech & Life Sciences · San Diego, United States · Founded 2011 · IPO 2012

Developing and delivering therapies for rare kidney and metabolic diseases MoreLess

Travere Therapeutics is a biopharmaceutical company that identifies, develops, and delivers therapies for people living with rare diseases. The company was founded in 2011 and is based in San Diego, California.

Travere Therapeutics has a portfolio of commercial-stage therapies and a pipeline of product candidates for a range of rare diseases, with a focus on rare kidney and metabolic disorders. The company's commercial products include Thiola and Thiola EC for cystinuria, and Chenodal for gallstones. Its pipeline includes sparsentan for focal segmental glomerulosclerosis and IgA nephropathy.

The company's business model is focused on the development and commercialization of therapies for rare diseases. Travere Therapeutics generates revenue from the sale of its commercial products. The company also has a patient support program that provides resources and assistance to patients and their families.

Keywords: biopharmaceutical, rare diseases, kidney disorders, metabolic disorders, drug development, commercialization, patient support, Thiola, Chenodal, sparsentan

Valuation $6.45B
Revenue $722M
EBITDA $307M
Total funding $100–500M

Company overview

Travere Therapeutics company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2011
Headquarters
San Diego, United States
Employees
520
Open positions
55
Dealroom signal
90.6
Investment activity
3 companies · latest Oct 2020
Capital deployed
$2.5M
Preferred round
ACQUISITION
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorNeurologysectorKidneysectorSustainable Development GoalssectorVerified Unicorns and $1B ExitssectorPost IPO $1BsectorBiotech and PharmasectorRare DiseasessectorVerified Thoroughbreds

Valuation & funding

Travere Therapeutics funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO CONVERTIBLEOther financing May 2026 $475M Undisclosed
POST IPO EQUITYOther financing Jan 2026 $0 Palisades Investment Partners
OtherOther financing Nov 2024 $125M Undisclosed
POST IPO EQUITYOther financing Mar 2023 $200M Undisclosed
POST IPO DEBTDebt Mar 2022 $275M Undisclosed
POST IPO EQUITYOther financing Feb 2021 Undisclosed
POST IPO EQUITYOther financing Mar 2015 Undisclosed
POST IPO EQUITYOther financing May 2014 Athyrium Capital Management
POST IPO EQUITYOther financing Aug 2013 Undisclosed
IPOExit Dec 2012 Undisclosed
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $722M +47% $307M 42.5% −$4M -0.5% $206M
2025 $491M +110.5% $22M 4.5% −$26M -5.2% $206M
2024 $233M +60.5% −$263M -112.9% −$322M -137.9% $283M
2023 $145M +32.7% −$315M -216.8% $245M
2022 $109M -51.9% −$244M -223.2%
2021 $227M +14.7% −$137M -60.3%
2020 $198M −$69M -34.8%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Travere Therapeutics website traffic

Latest recorded traffic for Travere Therapeutics is 24K monthly website visits, down 31.4% over the last three months. Travere Therapeutics's team grew 27.1% over the past year.

Latest monthly visits24K 3-month web change-31.4% 1-year team growth+27.1%
Monthly website visits68 observations · Apr 2016–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Travere Therapeutics compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Travere Therapeutics's talent

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Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 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.

Investors

4 investors on Travere Therapeutics's cap table

Sourced from Dealroom's funding and investor records.

Series A 1 investor entered at this stage
MSMB Capital
Series B+ 2 investors entered at this stage
Athyrium Capital Management
Palisades Investment Partners
Other known 1 additional known investor
International Biotechnology Trust

Global footprint

Where Travere Therapeutics has talent and traffic

Workforce by country
7 countries with
team presence
🇺🇸 United States97.3%
🇮🇪 Ireland0.8%
🇨🇭 Switzerland0.8%
🇬🇧 United Kingdom0.5%
🇩🇪 Germany0.3%
Top 5 of 7 shown

In the news

Latest news about Travere Therapeutics

Recent press, funding announcements, and product moves mentioning Travere Therapeutics — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Travere Therapeutics

An AI-synthesized read of the highest-engagement posts about Travere Therapeutics on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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