Sutro Biopharma

United States Founded: 2003 • Age: 23 yrs
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
Annual revenue $62.0M Latest available
Total funding $171.8M 11 rounds
Employees 338 Tracked headcount
Investors 14 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Sutro Biopharma

Sutro Biopharma is a company based in United States founded in 2003. Sutro Biopharma has raised $171.85 million across 11 funding rounds from investors including Merck, Citadel and Celgene. The company has 338 employees as of December 31, 2024. Sutro Biopharma offers products and services including XpressCF+ and iADCs. Sutro Biopharma operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

  • Headquarter United States
  • Employees 338 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Sutro Biopharma, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $62.04 M (USD)
    -59.64
    as on Dec 31, 2024
  • Net Profit
    -$227.46 M (USD)
    -112.99
    as on Dec 31, 2024
  • EBITDA
    -$231.24 M (USD)
    -180.41
    as on Dec 31, 2024
  • Total Equity Funding
    $171.85 M (USD)

    in 11 rounds

  • Latest Funding Round
    $85.4 M (USD), Series E

    Jul 26, 2018

  • Investors
    Merck

    & 13 more

  • Employee Count
    338

    as on Dec 31, 2024

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IPO & Listings of Sutro Biopharma

Sutro Biopharma is a publicly listed company on the NASDAQ with ticker symbol STRO in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: STRO · Sector: Health technology · USA

Products & Services of Sutro Biopharma

Sutro Biopharma offers a comprehensive portfolio of products and services, including XpressCF+ and iADCs.

Product name locked
Category locked
Primary

Cell-free technology for protein expression in drug development.

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Antibody-drug conjugates for targeted cancer treatments.

People of Sutro Biopharma

Headcount 50-200
Employee Profiles 124
Board Members and Advisors 19
Employee Profiles
People
Mary Weyden R.
QC Microbiologist
People
Anne Borgman
Chief Medical Officer
People
William J. Newell
CEO
People
David Pauling
Chief Administrative Officer And General Counsel

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Board Members and Advisors
people
Daniel H. Petree
Director

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Funding Insights of Sutro Biopharma

Sutro Biopharma has successfully raised a total of $171.85M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $85.4 million completed in July 2018. 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.

Investors in Sutro Biopharma

Sutro Biopharma has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Merck, Citadel and Celgene.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided by Samsara BioCapital in California.
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Venture capital firm focused on healthcare companies
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Venture capital investments are facilitated by Amgen-backed entity.
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Investor details for Sutro Biopharma

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Investments & Acquisitions by Sutro Biopharma

Investments
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Investment portfolio details for Sutro Biopharma

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Financial Statements - Sutro Biopharma

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Detailed financials for Sutro Biopharma

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Sutro Biopharma Comparisons

Sutro Biopharma Primary company
Description
Antibody-based therapeutics for cancer therapy are developed...
Location
United States
Founded Year
2003
Annual Revenue
$62.04 M (USD)
Net Profit
-$227.46 M (USD)
EBITDA
-$231.24 M (USD)
Employees
338
As of 2024
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Peer comparison for Sutro Biopharma

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Competitors of Sutro Biopharma

Sutro Biopharma 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.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
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Small molecules are developed for cancer and skin disease treatments.
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Cancer therapies are developed using selective pathway inhibitors.
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Detailed competitors of Sutro Biopharma

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Latest news on Sutro Biopharma

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Complete news archive for Sutro Biopharma

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Frequently Asked Questions about Sutro Biopharma

Sutro Biopharma was founded in 2003 and raised its 1st funding round 2 years after it was founded.

Sutro Biopharma is headquartered in United States.

Sutro Biopharma is a funded company, having raised a total of $171.85M across 11 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Sutro Biopharma is 338.

Annual revenue of Sutro Biopharma is $62.04M as on Dec 31, 2024.

Sutro Biopharma was founded in 2003 in the United States within the biotechnology sector. Antibody-based therapeutics targeting cancer are developed using the XpressCF cell-free protein synthesis platform. Discoveries such as STRO-001 for B-cell malignancies and STRO-002 for ovarian and endometrial cancers have been enabled by this technology. Operations focus on advancing these treatments through research and development in oncology.

Sutro Biopharma's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

Sutro Biopharma offers XpressCF+ and iADCs.

Yes, Sutro Biopharma is publicly traded on NASDAQ under the ticker symbol STRO.

Sutro Biopharma has 14 investors. Key investors include Merck, Citadel, Celgene, Tekla Capital Management, and Samsara BioCapital.

The ticker symbol of Sutro Biopharma is STRO on NASDAQ.

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