Third Harmonic Bio - About the company
Third Harmonic Bio is a public company based in Cambridge (United States), founded in 2019. It operates as a Developer therapeutics to treat allergy and inflammatory diseases. Third Harmonic Bio has raised $205M in funding from investors like Atlas Venture, General Atlantic and Orbimed. The company has 2990 active competitors, including 975 funded and 726 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Biogen.
Company Details
Developer therapeutics to treat allergy and inflammatory diseases. The company's product line include THB001 is an oral small-molecule KIT inhibitor for the treatment of severe allergic and mast cell-driven inflammatory conditions like Chronic Inducible Urticaria, airway, and gastrointestinal tract indications.
- Website
- thirdharmonicbio.com
- Email ID
- *****@thirdharmonicbio.com
- Registered Address
- Cambridge (United States)
Key Metrics
Founded Year
2019
Location
Cambridge, United States
Stage
Public
Total Funding
$205M in 3 rounds
Latest Funding Round
Investors
Ranked
618th among 2990 active competitors
Employee Count
7 as on Sep 30, 2026
Exit Details
Public
Legal entities associated with Third Harmonic Bio
Third Harmonic Bio is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
THIRD HARMONIC BIO, INC. CIN: 1923840 , United States, Active | Apr 24, 2019 | - | - | - |
Third Harmonic Bio, Inc. CIN: 83-4553503 , United States, Active | Dec 31, 2018 | - | 28 (As on Dec 31, 2022) | - |
Third Harmonic Bio's IPO details
Third Harmonic Bio got listed on Sep 15, 2022.
Click here to take a look at Third Harmonic Bio's IPO in detail
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Third Harmonic Bio's funding and investors
Third Harmonic Bio has raised a total funding of $205M over 3 rounds. Its first funding round was on Jan 2019. Its latest funding round was a Series B round on Feb 16, 2022 for $*****. 8 investors participated in its latest round. Third Harmonic Bio has 11 institutional investors.
Here is the list of recent funding rounds of Third Harmonic Bio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 16, 2022 | 1751829 | Series B | 1538698 | 9300152 | 6919064 | 7269700 |
2019 | 4776 | Series A | 3523 | 2698 | 9788 | |
Jan 2019 | 6859164 | Seed | 2877123 | 3864479 | 9311418 |
View details of Third Harmonic Bio's funding rounds and investors
Third Harmonic Bio's founders and board of directors
Founder? Claim ProfileThird Harmonic Bio's employee count trend
Third Harmonic Bio has 7 employees as of Sep 26. Here is Third Harmonic Bio's employee count trend over the years:
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Third Harmonic Bio's Competitors and alternates
Top competitors of Third Harmonic Bio include Jazz Pharmaceuticals, BeiGene and Biogen. Here is the list of Top 10 competitors of Third Harmonic Bio, 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 | 81/100 | |
3rd | Biogen 1978, Cambridge (United States), Public | Developer of therapies for neurodegenerative and immunology disorders | $80M | 78/100 | |
4th | Developer of antibody-based drugs to treat autoimmune diseases and cancer | $61.9M | 75/100 | ||
5th | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
6th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
7th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
8th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
9th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 72/100 | ||
10th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
618th | Third Harmonic Bio 2019, Cambridge (United States), Public | Developer therapeutics to treat allergy and inflammatory diseases | $205M | 42/100 |
Looking for more details on Third Harmonic Bio's competitors? Click here to see the top ones
Third Harmonic Bio's Investments and acquisitions
Third Harmonic Bio has made no investments or acquisitions yet.
Reports related to Third Harmonic Bio
Here is the latest report on Third Harmonic Bio's sector:
News related to Third Harmonic Bio
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ADC Therapeutics reveals layoffs and $100M PIPE; Third Harmonic seeks buyer for assetEndpoints•Jun 12, 2025•ADC Therapeutics, Third Harmonic Bio
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Third Harmonic Bio to Shut Down; Future Pak Targets TheratechnologiesEndPoints News•Apr 14, 2025•Third Harmonic Bio
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Third Harmonic Bio plans to liquidate the company, sell urticaria treatmentSeeking Alpha•Apr 14, 2025•Third Harmonic Bio
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Third Harmonic Bio Announces Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswire•Mar 27, 2025•Third Harmonic Bio
•
Third Harmonic Bio Initiates Strategic Review, Lays Off 50% Staff Citing Competitive LandscapeBenzinga•Feb 13, 2025•Third Harmonic Bio
•
Third Harmonic Bio Announces Third Quarter 2024 Financial ResultsGlobeNewswire•Nov 07, 2024•Third Harmonic Bio
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Third Harmonic Bio Announces Second Quarter 2024 Financial Results and Provides Business UpdateGlobeNewswire•Aug 08, 2024•Third Harmonic Bio
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Third Harmonic Bio Announces First Quarter 2024 Financial Results and Provides Business UpdateGlobeNewswire•May 15, 2024•Third Harmonic Bio
•
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