Carmot Therapeutics
Carmot Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery and development of disease-modifying therapies for metabolic diseases, particularly obesity and diabetes. The company develops incretin receptor modulators including dual GLP-1/GIP receptor agonists and oral GLP-1 receptor agonists.
Acquired
Carmot Therapeutics has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2008
Total Funding
$372M
5 rounds
Funding
Total raised $372M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series E
Date
May 25, 2023
Amount
$150M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 25, 2023 | Series E | $150M | — | Deep Track Capital |
| July 26, 2022 | Series D | $160M | — | The Column Group, RA Capital Management |
| September 30, 2020 | Series C | $47M | — | Amgen Ventures |
Prominent Investors
Leadership
Stig K. Hansen
Co-founder and Chief Executive Officer
Daniel Erlanson
Co-founder and President
Heather Turner
Chief Operating Officer
Manu Chakravarthy
Chief Medical Officer and Executive Vice President of R&D
Michael Gray
Chief Financial and Operating Officer
James Watson
Chief Business Officer
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