Private Market View

TwoStep Therapeutics

San Carlos, CA · Founded 2023 · Privately Held (backing)

Last price · $/share
Implied valuation
$14.5M
Total raised
$51.5M
Last round
Early Stage VC
Jan 2026

Key facts

  • TwoStep Therapeutics’s last known valuation is $14.5M (Mar 2024).
  • It has raised $51.5M across 2 recorded rounds; the latest was Early Stage VC ($21.1M) in Jan 2026.
  • Notable investors include Insight Partners (New York), NFX, Alexandria Venture Investments, 2048 Ventures, Medical Excellence Capital7 tracked in total.
  • TwoStep Therapeutics has filed 1 Form D with the SEC, most recently Mar 2024 ($6.5M sold to 6 investors).
  • Status: Privately Held (backing).
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  • ·Post-money valuations for all 2 rounds
  • ·The complete investor list — 7 names
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Funding rounds

2 rounds
Jan 2026Early Stage VC$21.1MSEC filing
Mar 2024Early Stage VC$6.5MSEC filing

About TwoStep Therapeutics

Operator of a biotechnology company intended to develop novel tumor-targeting therapeutics for solid tumors. The company is developing a diverse pipeline of targeted cancer therapies using a unique integrin-binding agent that enables delivery of various payloads to virtually any solid tumor, enabling clients to deliver to virtually any solid tumor using a unique and modular delivery system.

Sector
Healthcare
HQ
San Carlos, CA, United States
Founded
2023
Employees
7
Ownership
Privately Held (backing)
PA Mark — not yet priced

TwoStep 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 TwoStep 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 TwoStep Therapeutics in its N-PORT filings yet. We sweep new filings monthly.

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