Private Market View

Nocion Therapeutics

Drug Discovery · Watertown, MA · Founded 2017 · Privately Held (backing)

Last price · $/share
Implied valuation
$112.0M
Total raised
$153.0M
Last round
Early Stage VC
Dec 2025

Key facts

  • Nocion Therapeutics’s last known valuation is $112.0M (Aug 2021).
  • It has raised $153.0M across 3 recorded rounds; the latest was Early Stage VC ($23.0M) in Dec 2025.
  • Notable investors include RA Capital Management, F-Prime Capital, Eight Roads, Alexandria Venture Investments, Canaan Partners16 tracked in total.
  • Nocion Therapeutics has filed 5 Form Ds with the SEC since 2021, most recently Mar 2026 ($23.0M sold to 13 investors).
  • Status: Privately Held (backing).
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  • ·Post-money valuations for all 3 rounds
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Funding rounds

3 rounds
Dec 2025Early Stage VC$23.0MSEC filing
Feb 2024Early Stage VC$31.1MSEC filing
Aug 2021Early Stage VC (Series A2)$7.0M

About Nocion Therapeutics

Developer of a small molecule charged sodium channel designed to treat the conditions arising from neurogenic inflammation. The company creates notions that target activated sensory neurons and enter activated nociceptors via large-pore channels on these neurons, enabling patients to gain relief through the treatment of serious conditions, including cough, itch, pain, and inflammation.

Industry
Drug Discovery
Sector
Healthcare
HQ
Watertown, MA, United States
Founded
2017
Employees
17
Ownership
Privately Held (backing)
PA Mark — not yet priced

Nocion Therapeutics doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Nocion Therapeutics shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Nocion Therapeutics in its N-PORT filings yet. We sweep new filings monthly.

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