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METiS Therapeutics - About the company

METiS Therapeutics is a series B company based in Cambridge (United States), founded in 2017 by Wenshou Wang. It operates as a Provider of an AI-assisted platform for drug discovery and development. METiS Therapeutics has raised $252M in funding from investors like Sequoia Capital China, Luminous Ventures and China Life Insurance. The company has 270 active competitors, including 83 funded and 15 that have exited. Its top competitors include companies like Schrodinger, Recursion Pharmaceuticals and Relay Therapeutics.

Company Details

Provider of an AI-assisted platform for drug discovery and development. The company utilizes machine learning algorithms to identify clinical candidate molecules with the advanced prediction of pharmaceutical properties. It aids researchers with the optimization and selection of small molecules for different therapeutic purposes.
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Email ID
*****@metistx.com
Key Metrics
Founded Year
2017
Location
Cambridge, United States
Stage
Series B
Total Funding
$252M in 5 rounds
Latest Funding Round
Ranked
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METiS Therapeutics's funding and investors

METiS Therapeutics has raised a total funding of $252M over 5 rounds. Its first funding round was on Mar 23, 2020. Its latest funding round was a Series B round on Apr 05, 2022 for $*****. 6 investors participated in its latest round. METiS Therapeutics has 15 institutional investors.

Here is the list of recent funding rounds of METiS Therapeutics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 05, 2022
8650361
Series B
3335800
3368864
1085688
3003516
Dec 07, 2021
9384218
Series A
3826780
6092168
8875073
Dec 03, 2020
6677053
Angel
9679912
8837454
3939824
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METiS Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of METiS Therapeutics is Wenshou Wang.
Here are the details of METiS Therapeutics' key team members:
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METiS Therapeutics's Competitors and alternates

Top competitors of METiS Therapeutics include Schrodinger, Recursion Pharmaceuticals and Relay Therapeutics. Here is the list of Top 10 competitors of METiS Therapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Schrodinger
Schrodinger
1990, New York City (United States), Acquired
Provider of a web-based simulation and modelling tool
$162M
74/100
2nd
AI-enabled drug discovery and development platform for novel therapeutics
$452M
72/100
3rd
Logo for Relay Therapeutics
Relay Therapeutics
2016, Cambridge (United States), Public
Developer of drug discovery platform and study protein motion
$520M
70/100
4th
Logo for Atomwise
Atomwise
2012, San Francisco (United States), Series B
Developer of artificial intelligence platform for small molecule drug discovery
$219M
67/100
5th
Logo for Valo Health
Valo Health
2019, Boston (United States), Series B
AI-powered platform for drug discovery and development
$450M
67/100
6th
Logo for XtalPi
XtalPi
2014, Cambridge (United States), Public
AI-based drug research and development company
$785M
67/100
7th
Logo for Xaira
Xaira
2023, San Francisco (United States), Series D
AI-enabled platform for drug discovery and development
$1B
63/100
8th
Logo for In Silico
In Silico
2014, Boston (United States), Public
AI-enabled bioinformatics platform for drug discovery and biomarker development
$510M
63/100
9th
Logo for Tandem AI
Tandem AI
2021, New York (United States), Series A
AI-based drug discovery tool for researchers
$82M
62/100
10th
Logo for Healx
Healx
2014, Cambridge (United Kingdom), Series C
Provider of AI-powered drug discovery solutions for rare diseases
$115M
62/100
29th
Logo for METiS Therapeutics
METiS Therapeutics
2017, Cambridge (United States), Series B
Provider of an AI-assisted platform for drug discovery and development
$252M
55/100
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METiS Therapeutics's Investments and acquisitions

METiS Therapeutics has made no investments or acquisitions yet.

Reports related to METiS Therapeutics

Here is the latest report on METiS Therapeutics's sector:

News related to METiS Therapeutics

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Media has covered METiS Therapeutics for 1 event in last 1 year.
•
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METiS Announces License Agreement with Evopoint BiosciencesACROFAN•Jan 06, 2023•METiS Therapeutics, Evopoint
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METiS Announces Pan-RAF Inhibitor License Agreement with VoronoiBusiness Wire•Sep 13, 2022•Voronoi, METiS Therapeutics
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METiS Joins the Roche AcceleratorBusiness Wire•May 18, 2022•METiS Therapeutics, Roche
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