Turnstone Biologics - About the company
Turnstone Biologics is an acquired company based in San Diego (United States), founded in 2015 by David Stojdl, Brain Lichty and John Bell. It operates as a Developer of oncolytic viral immunotherapies for cancer treatment. Turnstone Biologics has raised $172M in funding from investors like Orbimed, Versant Ventures and Point72, with last known valuation of $*****. The company has 3809 active competitors, including 1297 funded and 880 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Alnylam.
Company Details
Developer of oncolytic viral immunotherapies for cancer treatment. The company has a RIVAL pipeline derived from a viral immunotherapy platform, with the lead RIVAL-01 program, and the TIDAL pipeline derived from our cell therapy platform, with the lead TIDAL-01 program. Also, has developed a tumor-targeted oncolytic vaccine for the targeted expression of tumor-associated antigens and immunomodulatory agents to treat cancer and modulate the tumor environment.
- Website
- turnstonebio.com
- Email ID
- *****@turnstonebio.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
San Diego, United States
Stage
Acquired
Total Funding
$172M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 27, 2025
Ranked
1071st among 3809 active competitors
Employee Count
132 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by XOMA Corporation (Jun 27, 2025)
Legal entities associated with Turnstone Biologics
Turnstone Biologics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Turnstone Biologics Corp CIN: 83-2909368 , United States, Active | Jul 11, 2019 | - | 80 (As on Dec 31, 2023) | - |
Turnstone Biologics's acquisition details
Turnstone Biologics got acquired by XOMA Corporation on Jun 27, 2025.
Click here to take a look at Turnstone Biologics's acquisition in detail
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Turnstone Biologics's funding and investors
Turnstone Biologics has raised a total funding of $172M over 4 rounds. Its first funding round was on Oct 28, 2015. Its latest funding round was a Series D round on Jun 29, 2021 for $*****. 16 investors participated in its latest round. Turnstone Biologics has 19 institutional investors.
Here is the list of recent funding rounds of Turnstone Biologics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 29, 2021 | 1665595 | Series D | 1068997 | 1192398 | 5177833 | 2669340 |
Jan 04, 2019 | 6699387 | Series C | 5142201 | 4576023 | 2571405 | 2754630 |
Nov 02, 2016 | 7253214 | Series B | 9063795 | 5805610 |
View details of Turnstone Biologics's funding rounds and investors
Turnstone Biologics' founders and board of directors
Founder? Claim ProfileHere are the details of Turnstone Biologics' key team members:
- David Stojdl: Co-Founder of Turnstone Biologics. Contact Info: 1 email address
- Brain Lichty: Co-Founder of Turnstone Biologics. Contact Info: 1 email address
- John Bell: Co-Founder of Turnstone Biologics. Contact Info: 1 email address
View details of Turnstone Biologics's Founder profiles and Board Members
Turnstone Biologics' employee count trend
Turnstone Biologics has 132 employees as of May 26. Here is Turnstone Biologics's employee count trend over the years:
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Turnstone Biologics's Competitors and alternates
Top competitors of Turnstone Biologics include Jazz Pharmaceuticals, BeiGene and Alnylam. Here is the list of Top 10 competitors of Turnstone Biologics, 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 | Alnylam 2002, Cambridge (United States), Public | Developer of RNA interference-based therapeutics for multiple disorders | $17M | 79/100 | |
4th | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
5th | Spark Therapeutics 2013, Philadelphia (United States), Acquired | Developer of gene therapy for rare diseases | $82.8M | 73/100 | |
6th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
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 | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
9th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
10th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 72/100 | ||
1071st | Turnstone Biologics 2015, San Diego (United States), Acquired | Developer of oncolytic viral immunotherapies for cancer treatment | $172M | 51/100 |
Looking for more details on Turnstone Biologics's competitors? Click here to see the top ones
Turnstone Biologics's Investments and acquisitions
Turnstone Biologics has acquired Myst Therapeutics. Turnstone Biologics has not made any investments as of now.Reports related to Turnstone Biologics
Here is the latest report on Turnstone Biologics's sector:
News related to Turnstone Biologics
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M&A Class Action Firm Investigates Mergers of CARM, GNTY, TSBX, and SAGEPR Newswire•Jul 04, 2025•SAGE Therapeutics, Turnstone Biologics, Guaranty Bank & Trust, Carisma Therapeutics and 1 other
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Juan Monteverde Investigates Turnstone Biologics Corp MergerBenzinga•Jul 01, 2025•Turnstone Biologics, Juanmonteverde
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Turnstone Biologics Corp. Reports Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswire•Mar 29, 2025•Turnstone Biologics
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Turnstone stops TIL studies; GH Research’s $150M offeringEndPoints News•Feb 04, 2025•Turnstone Biologics, GH Research, Auron Therapeutics, Akribion Genomics and 2 others
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Turnstone Biologics Announces Plans to Explore Strategic AlternativesGlobeNewswire•Feb 04, 2025•Turnstone Biologics
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Turnstone lays off 60% of staff, shakes up C-suite to keep cancer cell therapy on trackFierce Biotech•Oct 11, 2024•Turnstone Biologics
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