ProFound Therapeutics

United States · Founded 2020 · $333.0M raised

Employees
11–50
Founded
2020
Business Model
B2B
Total Funding
$333.0M
Last Round
$100.0M Series BMay 2026
Rounds
4

About

ProFound Therapeutics is a preclinical drug-discovery company founded in 2020 within Flagship Pioneering's Flagship Labs and based in Cambridge, Massachusetts. Its Profoundry platform uses protein-detection technologies to identify proteins actively translated by human ribosomes beyond the canonical roughly 20,000 protein-coding genes, building a database of tens of thousands of previously uncharacterized proteins annotated with their connectivity, function, and roles in disease. The company uses this expanded human proteome as a source of both novel drug targets and potential protein therapeutics, advancing an internal pipeline across multiple disease areas. ProFound emerged from stealth in May 2022 with a $75 million commitment from Flagship Pioneering and has raised about $163 million in total, with investors including Modi Ventures, Samsung Venture Investment, and Notley Ventures.

Summary

ProFound Therapeutics is a Biotech company based in United States, founded in 2020. It has raised $333.0M in total across 4 rounds, most recently a $100.0M Series B round in May 2026. Investors include Flagship Pioneering and Modi Ventures.

Tech & App Stack

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Funding History

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Series BSeries BMay 2026
$100.0M

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

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