Rapt Therapeutics

company

About

Rapt is focused on the discovery and development of novel small-molecule agents to activate the immune system to eradicate cancer.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$70.50M
Industries
Biotechnology,Health Care,Medical,Pharmaceutical,Therapeutics
Founded date
Mar 4, 2015
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nasdaq:RAPT
Legal Name
Rapt Therapeutics Inc.
Also Known As
FLX Bio

RAPT Therapeutics is a clinical stage immunology-based biopharmaceutical company focused on discovering, developing and commercializing oral small molecule therapies for patients with significant unmet needs in oncology and inflammatory diseases. Utilizing its proprietary discovery and development engine, the company is developing highly selective small molecules designed to modulate the critical immune responses underlying these diseases. In its first four years since inception, RAPT has discovered and advanced two unique drug candidates, each targeting C-C motif chemokine receptor 4. The company’s lead oncology drug candidate, FLX475, reached the clinic in just two and a half years with its lead inflammation drug candidate, RPT193, also in the clinic. The company is also pursuing a range of targets, including general control nonderepressible 2 and hematopoietic progenitor kinase 1, that are in the discovery stage of development.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$476.20M
Rapt Therapeutics has raised a total of $476.20M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 17, 2022 Post-IPO Equity $70.50M Detail
May 25, 2022 Post-IPO Equity $50M 1 Redmile Group Detail
Jun 18, 2021 Post-IPO Equity $143.70M Detail
Jan 1, 2020 Post-IPO Equity 1 Detail
Oct 30, 2019 IPO $36M Detail

Investments

Number of Investments
Number of Lead Investments
17
0
Rapt Therapeutics has made 17 investments. Their most recent investment was on Oct 11, 2022, when Stairwell raised $45M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 11, 2022 Stairwell
Series B $45M Cyber Security
Sep 27, 2022 Kumo.AI
Series B $18M Artificial Intelligence
Aug 9, 2022 CreatorDAO
Seed $20M Cryptocurrency
Jun 28, 2022 Tenet
Seed $18M FinTech
Jun 1, 2022 WorkOS
Series B $80M Developer APIs

Investors

Number of Lead Investors
Number of Investors
1
8
Rapt Therapeutics is funded by 8 investors. Redmile Group and Solasta Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Redmile Group Yes Post-IPO Equity
Solasta Ventures Post-IPO Equity
Kleiner Perkins Series C
Regents of the University of California Series C
The Column Group Series C
Topspin Partners Series C
Celgene Series C
GV Series C

Employee Profiles

Number of Employee Profiles
13
Rapt Therapeutics has 13 current employee profiles, including Board member Beth Seidenberg
Board member
Board member
Board member
Executive
Executive