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Pathos - About the company

Pathos is a series D company based in Chicago (United States), founded in 2022 by Ryan Fukushima and Eric Lefkofsky. It operates as a Provider of AI based drug discovery platform for drug development. Pathos has raised $345M in funding from New Enterprise Associates, with a current valuation of $3B. The company has 3378 active competitors, including 1131 funded and 783 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.

Sectors and market segments that Pathos operate in

Pathos serves in the HealthTech, Life Sciences market segments.The primary business model of Pathos are:

Company Details

Provider of AI based drug discovery platform for drug development. The company licenses or co develops clinical stage therapeutics, optimizing patient selection strategies for accelerated, biomarker driven drug development. It utilizes real world oncology data and patient derived functional genomic data to identify and validate compelling biology, aiming to develop efficacious drugs for patients with unmet needs and enhance patient outcomes.
Key Metrics
Founded Year
2022
Location
Chicago, United States
Stage
Series D
Total Funding
$345M in 2 rounds
Latest Funding Round
Post Money Valuation
$3B as on Aug 03, 2026
Ranked
Employee Count
98 as on Aug 31, 2026
Investment & Acquisitions
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Pathos's funding and investors

Pathos has raised a total funding of $345M over 2 rounds. Its first funding round was on Oct 24, 2024. Pathos has 4 institutional investors.

Here is the list of recent funding rounds of Pathos:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2025
$283M
Series D
$1.6B
-
-
-
Oct 24, 2024
$62M
Series C
$600M
-
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Pathos' founders and board of directors

Founder? Claim Profile
The founders of Pathos are Ryan Fukushima and Eric Lefkofsky. Iker Huerga is the CEO of Pathos.
Here are the details of Pathos' key team members:

Pathos' employee count trend

Pathos has 98 employees as of Aug 26. Here is Pathos's employee count trend over the years:
Employee count trend for Pathos
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Pathos's Competitors and alternates

Top competitors of Pathos include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Pathos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
2nd
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
81/100
3rd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
74/100
4th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
73/100
5th
Logo for Senti Bio
Senti Bio
2016, San Francisco (United States), Public
Developer of cell and gene therapies for patients living with incurable diseases
$158M
72/100
6th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
72/100
9th
Logo for Moderna
Moderna
2010, Cambridge (United States), Public
Developer of mRNA-based therapeutics for a wide range of diseases
$2.78B
72/100
10th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
258th
Logo for Pathos
Pathos
2022, Chicago (United States), Series D
Provider of AI based drug discovery platform for drug development
$345M
58/100
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Pathos's Investments and acquisitions

Pathos has acquired 2 companies including DeuterOncology and Rain Oncology. Pathos has not made any investments as of now.

Reports related to Pathos

Here is the latest report on Pathos's sector:

News related to Pathos

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Media has covered Pathos for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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