Terns Pharmaceuticals

BiotechnologySeries CFoster City, USternspharma.com

Latest round

Series C

Last raised

Dec 2020

Total raised

$208M

Investors

8

About Terns Pharmaceuticals

Founded in 2017 and based in California, US, Terns Pharmaceuticals, Inc. operates as a biotechnology company that develops treatments for patients with chronic liver diseases. The company was founded by CEO Senthil Sundaram.5 million shares at USD 17 per share on the NASDAQ. Terns Pharmaceuticals operates as a clinical-stage biopharmaceutical company that develops small-molecule single-agent and combination therapy candidates for the treatment of non-alcoholic steatohepatitis, or NASH, and other chronic liver diseases. Terns’ program called TERN-101 a liver-distributed, nonsteroidal, non-bile acid FXR agonist that has demonstrated a differentiated tolerability profile and improved target engagement due to its sustained FXR activation in the liver but only transient intestinal FXR activation. Terns Pharmaceuticals plans to list on the Nasdaq global select market under the ticker symbol TERN.

Who invested in Terns Pharmaceuticals

8 investors across 3 rounds

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Funding rounds

  1. Series C

    Dec 29, 2020

    Amount

    $98M

    Investors

    Locked

  2. Series B

    Oct 30, 2018

    Amount

    $80M

    Investors

    Locked

  3. Series A

    Apr 1, 2017

    Amount

    $30M

    Investors

    Locked

Questions about Terns Pharmaceuticals

Who invested in Terns Pharmaceuticals?

Terns Pharmaceuticals has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Terns Pharmaceuticals raised?

Terns Pharmaceuticals has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Terns Pharmaceuticals last raise money?

Terns Pharmaceuticals's most recent round on record is a Series C, in Dec 2020.

What does Terns Pharmaceuticals do?

Founded in 2017 and based in California, US, Terns Pharmaceuticals, Inc.

Where is Terns Pharmaceuticals headquartered?

Terns Pharmaceuticals is headquartered in Foster City, US.

Which VCs invest in companies like Terns Pharmaceuticals?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Terns Pharmaceuticals's stage. Their profiles are linked below.

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