# Terray Therapeutics funding: rounds and investors

> Terray Therapeutics has raised $145M across 2 rounds since 2024. Investors include Madrona Venture Group, Two Sigma Ventures and Goldcrest Capital.

Source: https://millionrounds.com/company/terray-therapeutics (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Terray Therapeutics*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$145M** raised across 2 rounds since 2024, from 2 sources

**$120M** Series B **$25M** Debt

- **Latest round:** Debt, $25M Apr 2025
- **Biggest round:** $120M Series B · Oct 2024
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$120M** Series B

**$25M** Debt

- **First round:** Series B, $120M
- **Biggest round:** $120M
- **Between rounds:** 6 months

## The rounds

- **Apr 2025** Debt **$25M** *1 new* *4 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [nVentures](https://millionrounds.com/fund/nventures-2) [Goldcrest Capital](https://millionrounds.com/fund/goldcrest-capital) [XTX Ventures](https://millionrounds.com/fund/xtx-ventures) Source recorded
- **Oct 2024** Series B **$120M** *5 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Goldcrest Capital](https://millionrounds.com/fund/goldcrest-capital) [XTX Ventures](https://millionrounds.com/fund/xtx-ventures) [KdT Ventures](https://millionrounds.com/fund/kdt-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2024 **Debt** 2025 [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Goldcrest Capital](https://millionrounds.com/fund/goldcrest-capital) [XTX Ventures](https://millionrounds.com/fund/xtx-ventures) [nVentures](https://millionrounds.com/fund/nventures-2) [KdT Ventures](https://millionrounds.com/fund/kdt-ventures)

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **2** rounds

[Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) VC firm **2** rounds

[Goldcrest Capital](https://millionrounds.com/fund/goldcrest-capital) VC firm **2** rounds

[XTX Ventures](https://millionrounds.com/fund/xtx-ventures) Company **2** rounds

[nVentures](https://millionrounds.com/fund/nventures-2) VC firm **1** round

[KdT Ventures](https://millionrounds.com/fund/kdt-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=terray-therapeutics).

## Quick answers about Terray Therapeutics

### Who invested in Terray Therapeutics?

Terray Therapeutics's investors include Madrona Venture Group, Two Sigma Ventures, Goldcrest Capital, XTX Ventures and nVentures, and 1 more on record.

### How much has Terray Therapeutics raised?

Terray Therapeutics has raised $145M across 2 rounds since 2024.

### When did Terray Therapeutics last raise?

Terray Therapeutics's most recent round was a Debt of $25M in Apr 2025.

### What was Terray Therapeutics's biggest round?

Terray Therapeutics's largest round on record is $120M (Series B), in Oct 2024.

### Who backed Terray Therapeutics first?

Terray Therapeutics's first round on record, in Oct 2024, was backed by Madrona Venture Group, Two Sigma Ventures and Goldcrest Capital and 2 others.

### What stage is Terray Therapeutics at?

Terray Therapeutics's latest named round is a Debt, in Apr 2025.

### Where is Terray Therapeutics based?

Terray Therapeutics is based in the United States.

## Companies like Terray Therapeutics

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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