Iambic Therapeutics

San Diego, United States Founded: 2019 • Age: 7 yrs
AI-driven drug discovery platform for the treatment of cancer
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About Iambic Therapeutics

Iambic Therapeutics is a company based in San Diego (United States) founded in 2019 by Fred Manby and Thomas Miller.. Iambic Therapeutics has raised $306.23 million across 4 funding rounds from investors including Nvidia, Nexus Venture Partners and Orbimed. The company has 50 employees as of December 31, 2022. Iambic Therapeutics offers products and services including AI Platform and High-Throughput Experimentation. Iambic Therapeutics operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

  • Headquarter San Diego, United States
  • Employees 50 as on 31 Dec, 2022
  • Founders Fred Manby, Thomas Miller
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iambic Therapeutics, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $306.23 M (USD)

    in 4 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Nov 10, 2025

  • Investors
    Nvidia

    & 27 more

  • Employee Count
    50

    as on Dec 31, 2022

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Products & Services of Iambic Therapeutics

Iambic Therapeutics offers a comprehensive portfolio of products and services, including AI Platform and High-Throughput Experimentation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI tool for designing and testing drug molecules

System for rapid molecular testing and data generation

Funding Insights of Iambic Therapeutics

Iambic Therapeutics has successfully raised a total of $306.23M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series C — $100.0M
  • First Round

    (14 Jul 2021)

  • Investors Count 28
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Series C - Iambic Therapeutics Valuation

investors

Apr, 2024 Amount Series B - Iambic Therapeutics Valuation Mubadala Capital , Exor
Oct, 2023 Amount Series B - Iambic Therapeutics Valuation Ascenta Capital , Abingworth
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Iambic Therapeutics

Iambic Therapeutics has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nvidia, Nexus Venture Partners and Orbimed. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Mubadala Capital is engaged in investment management services.
Founded Year Domain Location
Health tech startups are invested in by Illumina Ventures.
Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Iambic Therapeutics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Iambic Therapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iambic Therapeutics Comparisons

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Competitors of Iambic Therapeutics

Iambic Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Novel biopharmaceutical medicines are developed for unmet medical needs.
domain founded_year HQ Location
Targeted and immune-oncology drugs for cancer treatment are developed.
domain founded_year HQ Location
Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
domain founded_year HQ Location
Small molecules are developed for cancer and skin disease treatments.
domain founded_year HQ Location
Cancer therapies are developed using selective pathway inhibitors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Iambic Therapeutics

When was Iambic Therapeutics founded?

Iambic Therapeutics was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Iambic Therapeutics located?

Iambic Therapeutics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Who is the current CEO of Iambic Therapeutics?

Thomas Miller is the current CEO of Iambic Therapeutics. They have also founded this company.

Is Iambic Therapeutics a funded company?

Iambic Therapeutics is a funded company, having raised a total of $306.23M across 4 funding rounds to date. The company's 1st funding round was a Series B of $103.23M, raised on Jul 14, 2021.

How many employees does Iambic Therapeutics have?

As of Dec 31, 2022, the latest employee count at Iambic Therapeutics is 50.

What does Iambic Therapeutics do?

AI-driven drug discovery platform for the treatment of cancer. The company has an AI-driven discovery platform and has discovered two candidates known as IAM-H1, a highly selective and brain-penetrant inhibitor of HER2 and its oncogenic mutants, and IAM-C1, a potential first-in-class selective dual CDK24 inhibitor to address unmet needs in terms of therapeutic window and treatment resistance in cell-cycle-driven cancers.

Who are the top competitors of Iambic Therapeutics?

Iambic Therapeutics's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

What products or services does Iambic Therapeutics offer?

Iambic Therapeutics offers AI Platform and High-Throughput Experimentation.

Who are Iambic Therapeutics's investors?

Iambic Therapeutics has 28 investors. Key investors include Nvidia, Nexus Venture Partners, Orbimed, Exor, and Abingworth.

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