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Carmot Therapeutics

Berkeley, CA, United States Biotech & Pharma Acquired

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

Acquired by Roche Jan 2024 $2.7B

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

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $372M across 5 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
May 25, 2023 Series E $150M Deep Track Capital
Jul 26, 2022 Series D Press release $160M The Column Group, RA Capital Management
Sep 30, 2020 Series C Press release $47M Amgen Ventures

Prominent Investors

RA Capital Management The Column Group Venrock Healthcare Capital Partners TCGX Millennium Management Frazier Life Sciences Franklin Templeton Janus Henderson Investors 5 AM Ventures Deep Track Capital Willett Advisors

Leadership

  • Stig K. Hansen

    Co-founder and Chief Executive Officer

    LinkedIn
  • 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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Data collected with AI, which can make mistakes. Please double-check this information.