Iambic Therapeutics - About the company
Iambic Therapeutics is a series C company based in San Diego (United States), founded in 2019 by Fred Manby. It operates as a Provider of AI-driven drug discovery platform for the treatment of cancer. Iambic Therapeutics has raised $334M in funding from investors like Coatue, Abingworth and Exor, with a current valuation of $*****. The company has 3509 active competitors, including 1185 funded and 793 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.
Company Details
Provider of AI-driven drug discovery platform for the treatment of cancer. It offers an AI driven discovery platform and has discovered two candidates known as IAM-H1, a highly selective and brain penetrant inhibitor of HER2 and its oncogenic mutants, and IAM-C1 a potential first-in-class selective dual CDK2/4 inhibitor to address unmet needs in terms of therapeutic window and treatment resistance in cell cycle driven cancers.
- Website
- www.iambic.ai/
- Email ID
- *****@iambic.ai
- Phone Number
- +1 **********
- Registered Address
- Midlothian, Virginia
Key Metrics
Founded Year
2019
Location
San Diego, United States
Stage
Series C
Total Funding
$334M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 01, 2026
Ranked
193rd among 3509 active competitors
Employee Count
182 as on Aug 31, 2026
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Legal entities associated with Iambic Therapeutics
Iambic Therapeutics is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IAMBIC THERAPEUTICS, INC. CIN: 7654610 , United States, Active | Oct 14, 2019 | - | - | - |
ENTOS LLC CIN: 453069439 , United States, Active | Oct 13, 2019 | - | 4 (As on Dec 31, 2024) | - |
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Iambic Therapeutics's funding and investors
Iambic Therapeutics has raised a total funding of $334M over 6 rounds. Its first funding round was on Jul 14, 2021. Iambic Therapeutics has 27 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Iambic Therapeutics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 14, 2026 | 2500439 | Conventional Debt | 5864672 | 9716498 | 1941939 | 3584461 |
Apr 01, 2026 | 5623739 | Series C | 9048658 | 4798559 | 9230632 | 4072768 |
Nov 06, 2025 | 5732860 | Series C | 9459497 | 3839664 | 4817091 |
View details of Iambic Therapeutics's funding rounds and investors
Iambic Therapeutics' founders and board of directors
Founder? Claim ProfileThe founders of Iambic Therapeutics is Fred Manby.
Here are the details of Iambic Therapeutics' key team members:
- Fred Manby: Co-Founder & CTO of Iambic Therapeutics. Contact Info: 1 email address
View details of Iambic Therapeutics's Founder profiles and Board Members
Iambic Therapeutics' employee count trend
Iambic Therapeutics has 182 employees as of Aug 26. Here is Iambic Therapeutics's employee count trend over the years:
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Iambic Therapeutics's Competitors and alternates
Top competitors of Iambic Therapeutics include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Iambic Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jazz Pharmaceuticals 2003, Dublin (Ireland), Public | Developer of novel biopharmaceutical medicines for unmet medical needs | $265M | 81/100 | |
2nd | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 80/100 | |
3rd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
4th | Schrodinger 1990, New York City (United States), Acquired | Provider of a web-based simulation and modelling tool | $162M | 74/100 | |
5th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
6th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
7th | Senti Bio 2016, San Francisco (United States), Public | Developer of cell and gene therapies for patients living with incurable diseases | $158M | 72/100 | |
8th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
9th | Recursion Pharmaceuticals 2013, New York (United States), Public | AI-enabled drug discovery and development platform for novel therapeutics | $452M | 72/100 | |
10th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 71/100 | ||
193rd | Iambic Therapeutics 2019, San Diego (United States), Series C | Provider of AI-driven drug discovery platform for the treatment of cancer | $334M | 60/100 |
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Iambic Therapeutics's Investments and acquisitions
Iambic Therapeutics has made no investments or acquisitions yet.
Reports related to Iambic Therapeutics
Here is the latest report on Iambic Therapeutics's sector:
News related to Iambic Therapeutics
Media has covered Iambic Therapeutics for a total of 16 events in the last 1 year, 5 of them have been about partnerships and 3 about company updates.
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ADARx Pharmaceuticals Prices Upsized $446.3 Million Initial Public OfferingGlobeNewswire•Sep 25, 2026•ADARx Pharmaceuticals, AbbVie, Iambic Therapeutics
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Bayer and Iambic Collaborate to Advance Drug Discovery with AIBusiness Wire•Jun 22, 2026•Bayer, Iambic Therapeutics
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Bayer completes acquisition of Perfuse Therapeutics for $300mInvesting•Jun 17, 2026•Perfuse Therapeutics, Bayer, Iambic Therapeutics
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Iambic Named to CNBC Disruptor 50 for Second Consecutive YearBusiness Wire•May 19, 2026•Iambic Therapeutics
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Takeda and Iambic Partner for AI Small Molecule DiscoveryPharmtech•Feb 09, 2026•Takeda, Iambic Therapeutics
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Takeda Reshapes Leadership, Creates New Units Ahead of Fiscal 2026Contract Pharma•Feb 02, 2026•Takeda, Iambic Therapeutics
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AI Drug Discovery Startup Iambic Raises $100M After Encouraging Cancer Drug DataBenzinga•Dec 01, 2025•Iambic Therapeutics, Daiichi Sankyo, Jazz Pharmaceuticals, Zymeworks and 1 other
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