Private Market View

Rakuten Medical

San Diego, CA · Founded 2010 · Privately Held (backing)

Last price · $/share
Implied valuation
$818.0M
Total raised
$887.1M
Last round
Later Stage VC
Jul 2025

Key facts

  • Rakuten Medical’s last known valuation is $818.0M (Mar 2024).
  • It has raised $887.1M across 11 recorded rounds; the latest was Later Stage VC ($111.5M) in Jul 2025.
  • Notable investors include General Catalyst, Mizuho Bank, Rakuten Capital, ABC Partners, Abies Capital19 tracked in total.
  • Rakuten Medical has filed 12 Form Ds with the SEC since 2019, most recently May 2025 ($1.9M sold to 14 investors).
  • Status: Privately Held (backing).
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  • ·Post-money valuations for all 11 rounds
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Funding rounds

11 rounds
Jul 2025Later Stage VC$111.5MSEC filing
Dec 2024Seed Round$1.9MSEC filing
Mar 2024Seed Round$4.2MSEC filing
Aug 2023Later Stage VC$104.8MSEC filing
Dec 2022Debt$70.0MSEC filing

About Rakuten Medical

Developer of precision-targeted cancer therapies designed to treat solid tumors. The company's therapies consist of a cancer-targeting monoclonal antibody conjugated to a photoactivatable molecule to gain anticancer activity upon light-mediated activation at the tumor site, enabling patients with recurrent head and neck cancer to access oncologic drugs that permit rapid cancer cell killing without damage to the surrounding healthy tissues.

Sector
Healthcare
HQ
San Diego, CA, United States
Founded
2010
Employees
126
Ownership
Privately Held (backing)
PA Mark — not yet priced

Rakuten Medical 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 Rakuten Medical 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 Rakuten Medical in its N-PORT filings yet. We sweep new filings monthly.

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