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- Remix Therapeutics
Remix Therapeutics Funding, Investors & Competitors
Remix Therapeutics has raised $211M across 4 funding rounds, most recently a $60M undisclosed-stage round in January 2024.
Last Remix Therapeutics funding round
$60M
Undisclosed stage · Jan 2024
Cumulative funding Remix Therapeutics raised
$211M
across 4 funding rounds
Key investors in Remix Therapeutics
Atlas Venture
The Column Group
Alexandria Venture Investments
ARCH Venture Partners
Foresite Capital
Casdin Capital
Surveyor Capital
Willett Advisors LLC
About Remix Therapeutics
Remix Therapeutics is a Cambridge-headquartered biotechnology company engineering small-molecule drugs that alter RNA processing pathways. Its platform identifies RNA splicing patterns to regulate gene expression, enabling corrections to genetic messages at their origin for treating cancers and neurological disorders. The firm advances candidates through preclinical development, partnering with research institutions to translate discoveries into therapies addressing disease root causes.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Remix Therapeutics Funding History
Remix Therapeutics has raised a total of $211M across 4 funding rounds.
Remix Therapeutics' first fundraising round was a $16M seed round in January 2019. The most recent completed round was a $60M undisclosed-stage round in January 2024.
Remix Therapeutics funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2024 | Undisclosed stage | The Column Group (lead); Willett Advisors LLC; Alexandria Venture Investments; Casdin Capital; WTT Investment; Foresite Capital; Atlas Venture; Surveyor Capital; ARCH Venture Partners | $60M | Remix Therapeutics is a clinical-stage biotechnology company developing small molecule therapies to modulate RNA processing and treat disease through its proprietary REMaster platform. The platform leverages data analytics, machine learning, bespoke high-throughput screening technologies, and next-generation chemistry to identify and target RNA processing steps to degrade mRNA, enhance RNA production, or correct RNA dysregulation in disease. The company's lead candidate, REM-422, was expected to enter Phase 1 clinical studies in 2024 for the treatment of recurrent or metastatic adenoid cystic carcinoma and acute myeloid leukemia/myelodysplastic syndromes. In January 2024, Remix closed a Series C financing round of $60 million led by The Column Group with participation from existing investors Atlas Venture, Foresite Capital, Alexandria Venture Investments, ARCH Venture Partners, Casdin Capital, and Surveyor (a Citadel company), along with new investors WTT Investment and Willett Advisors. Simultaneously, the company announced a collaboration with Roche involving a $30 million upfront payment, with up to $1 billion in potential milestone payments and royalties, granting Roche exclusive rights to discover and develop small molecule therapeutics for specific targets using Remix's REMaster platform while Remix retains in-house development of its own programs. |
| May 2022 | Series B | Surveyor Capital (lead); The Column Group; Alexandria Venture Investments; Casdin Capital; Foresite Capital; Atlas Venture; ARCH Venture Partners | $70M | Remix Therapeutics, a Massachusetts-based biotech company, raised $70 million in its Series B financing round on May 17, 2022, led by Surveyor Capital with participation from Foresite Capital, Atlas Venture, The Column Group, Arch Venture Partners, Alexandria Venture Investments, and Casdin Capital. The company develops novel small molecule therapies designed to reprogram RNA processing to treat diseases in new ways, leveraging its REMaster technology platform to advance a pipeline of RNA processing targeted therapeutics. The new capital was intended to support platform development and pipeline progression. CEO Peter Smith highlighted the financing as a reflection of significant progress in advancing the novel platform and programs modulating RNA processing. Gunderson Dettmer represented Remix in the transaction. The company has continued raising capital, including a Series C of $60M on January 3, 2024, from many of the same investors plus others, bringing total funding to $211M over four rounds. |
| Dec 2020 | Series A | Foresite Capital (lead); The Column Group; Alexandria Venture Investments; Atlas Venture; ARCH Venture Partners | $65M | Remix Therapeutics, a biotechnology company based in Cambridge, Massachusetts, launched in December 2020 with $81 million in total financing, comprising $16 million in seed funding from Atlas Venture and The Column Group, plus a $65 million Series A round led by Foresite Capital, with participation from Alexandria Venture Investments and ARCH Venture Partners. The funds support development of the company's proprietary REMaster technology platform, which uses data analytics, high-throughput screening, and advanced chemistry to identify and target RNA processing steps, aiming to enhance or eliminate protein function for treating diseases like cancers, central nervous system disorders, and rare diseases. The REMaster platform enables precise reprogramming of RNA processing to address underlying disease drivers, positioning Remix to advance a pipeline of small-molecule therapeutics. At launch, the company had an 18-person team focused on scientists in chemistry, data science, and RNA biology, with plans to expand for platform building and clinical trial preparation. Leadership includes co-founder Peter Smith, PhD, as president and chief scientific officer, and Heather Wasserman as chief business and chief operating officer. Subsequent developments include a $70 million Series B in May 2022 and a $60 million venture round in early 2024, bringing total financing to $201 million before a potential $1 billion Roche collaboration. Investors highlighted the platform's potential across broad disease areas, with board members from Atlas Venture, Foresite Capital, and The Column Group. |
| Jan 2019 | Seed | The Column Group; Atlas Venture | $16M | - |
Who has invested in Remix Therapeutics?
9 investors have backed Remix Therapeutics across its funding rounds, including Atlas Venture, The Column Group, Alexandria Venture Investments, ARCH Venture Partners, Foresite Capital and Casdin Capital.
Lead investors include The Column Group, Surveyor Capital and Foresite Capital.
Remix Therapeutics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2019 | ||
| 4 | Participant | Jan 2019 | ||
| 3 | Participant | Dec 2020 | ||
| 3 | Lead | Dec 2020 | ||
| 3 | Participant | Dec 2020 | ||
| 2 | Participant | May 2022 | ||
| 2 | Lead | May 2022 | ||
This data is available for Pro users. Sign up to see all 9 Remix Therapeutics investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Remix Therapeutics
Remix Therapeutics has acquired 1 company to date.
Last acquisition by Remix Therapeutics was on June 23rd 2026. Remix Therapeutics acquired Passage Bio for undisclosed valuation.
Latest Acquisitions by Remix Therapeutics
| Description | Passage Bio Inc is a genetic medicines company. The company is focused on developing transformative therapies for rare, monogenic CNS disorders. It has pipeline products such as GM1 Gangliosidosis, Frontotemporal dementia, and Krabbe Disease. The Company operates in a single reportable segment, developing and advancing genetic medicines designed to target critical underlying pathology of neurodegenerative diseases. |
| HQ Country | |
| HQ City | Philadelphia, PA |
| Deal Date | 23 Jun 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Remix Therapeutics acquisitions and their M&A valuation multiples. Start Free Trial | |
Remix Therapeutics Competitors
Remix Therapeutics competitors include listed companies like Roche and Johnson & Johnson, and private ones like Heyuan Biotechnology, ArsenalBio, Formation Bio and Immunai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $77B | $26B | $351B | 4.9x | ||
| Private | - | - | $3B | - | ||
| Private | - | - | $1.9B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $94B | $40B | $651B | 6.8x |
Remix Therapeutics Public Comps
Remix Therapeutics is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all Remix Therapeutics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Remix Therapeutics
| When was Remix Therapeutics founded? | Remix Therapeutics was founded in 2019. |
| Where is Remix Therapeutics headquartered? | Remix Therapeutics is headquartered in United States. |
| Is Remix Therapeutics publicly listed? | No, Remix Therapeutics is a private, VC-backed company. |
| How much funding has Remix Therapeutics raised? | Remix Therapeutics has raised $211M across 4 funding rounds. |
| What was Remix Therapeutics' last funding round? | Remix Therapeutics' last funding round was a $60M undisclosed-stage round in January 2024, led by The Column Group. |
| Who are Remix Therapeutics' investors? | Remix Therapeutics' investors include The Column Group, Atlas Venture, Alexandria Venture Investments, Foresite Capital, ARCH Venture Partners, Casdin Capital, Surveyor Capital, Willett Advisors LLC and WTT Investment. |
| Which companies are comparable to Remix Therapeutics? | Companies comparable to Remix Therapeutics include Roche, Heyuan Biotechnology, ArsenalBio, Formation Bio, Immunai and Johnson & Johnson. |
| How many companies has Remix Therapeutics acquired? | Remix Therapeutics has acquired 1 company, including Passage Bio. |
See companies similar to Remix Therapeutics
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