# RA Capital Management Portfolio Map 2026: 264 Startups by Sector

> RA Capital Management's portfolio mapped: 264 startups it has backed, in 5 sectors from Biotech, Pharma and Healthtech on.

Source: https://millionrounds.com/portfolio-maps/ra-capital-management-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Biotech

197

- [Blueprint Medicines](https://millionrounds.com/company/blueprint-medicines)
- [Apogee Therapeutics](https://millionrounds.com/company/apogee-therapeutics)
- [Intarcia Therapeutics](https://millionrounds.com/company/intarcia-therapeutics)
- [Celcuity](https://millionrounds.com/company/celcuity)
- [Candid Therapeutics](https://millionrounds.com/company/candid-therapeutics)
- [Tango Therapeutics](https://millionrounds.com/company/tango-therapeutics)
- [Dyne Therapeutics](https://millionrounds.com/company/dyne-therapeutics)
- [Avidity Biosciences](https://millionrounds.com/company/avidity-biosciences)
- [Moderna](https://millionrounds.com/company/moderna)
- [Verdiva Bio](https://millionrounds.com/company/verdiva-bio)
- [Tyra Biosciences](https://millionrounds.com/company/tyra-biosciences)
- [Legend Biotech](https://millionrounds.com/company/legend-biotech)
- [Freenome](https://millionrounds.com/company/freenome)
- [Phathom Pharmaceuticals](https://millionrounds.com/company/phathom-pharmaceuticals)
- [CellCentric](https://millionrounds.com/company/cellcentric)
- [Avalo Therapeutics](https://millionrounds.com/company/avalo-therapeutics)
- [*CT* Cidara Therapeutics](https://millionrounds.com/company/cidara-therapeutics)
- [New Amsterdam Pharma](https://millionrounds.com/company/new-amsterdam-pharma)
- [*CT* Cerevel Therapeutics](https://millionrounds.com/company/cerevel-therapeutics)
- [Wave Life Sciences](https://millionrounds.com/company/wave-life-sciences)
- [Artiva Biotherapeutics](https://millionrounds.com/company/artiva-biotherapeutics)
- [Taysha Gene Therapies](https://millionrounds.com/company/taysha-gene-therapies)
- [Immunic Therapeutics](https://millionrounds.com/company/immunic-therapeutics)
- [Global Blood Therapeutics](https://millionrounds.com/company/global-blood-therapeutics)

+173 more

## Pharma

45

- [Mineralys Therapeutics](https://millionrounds.com/company/mineralys-therapeutics)
- [Dianthus Therapeutics](https://millionrounds.com/company/dianthus-therapeutics)
- [Vaxcyte](https://millionrounds.com/company/vaxcyte)
- [Korsana Biosciences](https://millionrounds.com/company/korsana-biosciences)
- [Ollin Biosciences](https://millionrounds.com/company/ollin-biosciences)
- [Parabilis Medicines](https://millionrounds.com/company/parabilis-medicines)
- [GH Research](https://millionrounds.com/company/gh-research)
- [*I* Inhibrx](https://millionrounds.com/company/inhibrx)
- [Aurinia Pharmaceuticals](https://millionrounds.com/company/aurinia-pharmaceuticals)
- [*AB* Aiolos Bio](https://millionrounds.com/company/aiolos-bio)
- [Solstice Oncology](https://millionrounds.com/company/solstice-oncology)
- [Metsera](https://millionrounds.com/company/metsera)
- [Edgewise Therapeutics](https://millionrounds.com/company/edgewise-therapeutics)
- [Jade Biosciences](https://millionrounds.com/company/jade-biosciences)
- [Day One Biopharmaceuticals](https://millionrounds.com/company/day-one-biopharmaceuticals)
- [Ovid Therapeutics](https://millionrounds.com/company/ovid-therapeutics)
- [Bicara Therapeutics](https://millionrounds.com/company/bicara-therapeutics)
- [Artios Pharma](https://millionrounds.com/company/artios-pharma)
- [Monopar](https://millionrounds.com/company/monopar)
- [Angitia Biopharmaceuticals](https://millionrounds.com/company/angitia-biopharmaceuticals)
- [Cyteir Therapeutics](https://millionrounds.com/company/cyteir-therapeutics)
- [Point Biopharma](https://millionrounds.com/company/point-biopharma)
- [KalVista Pharmaceuticals](https://millionrounds.com/company/kalvista-pharmaceuticals)
- [Diagonal Therapeutics](https://millionrounds.com/company/diagonal-therapeutics)

+21 more

## Healthtech

12

- [Somatus](https://millionrounds.com/company/somatus)
- [*M* MMI](https://millionrounds.com/company/mmi)
- [CervoMed](https://millionrounds.com/company/cervomed)
- [Tasso](https://millionrounds.com/company/tasso)
- [Kinaset Therapeutics](https://millionrounds.com/company/kinaset-therapeutics)
- [Vesta Healthcare](https://millionrounds.com/company/vesta-healthcare)
- [Iterum Therapeutics](https://millionrounds.com/company/iterum-therapeutics)
- [LENZ Therapeutics](https://millionrounds.com/company/lenz-therapeutics)
- [Adagio Medical](https://millionrounds.com/company/adagio-medical)
- [Synapticure](https://millionrounds.com/company/synapticure)
- [Commons Clinic](https://millionrounds.com/company/commons-clinic)
- [Ventricle Health](https://millionrounds.com/company/ventricle-health)

## AI

7

- [Synthego](https://millionrounds.com/company/synthego)
- [*E* eXo](https://millionrounds.com/company/exo)
- [Metagenomi](https://millionrounds.com/company/metagenomi)
- [Planted](https://millionrounds.com/company/planted)
- [Empatica](https://millionrounds.com/company/empatica)
- [New Equilibrium Biosciences](https://millionrounds.com/company/new-equilibrium-biosciences)
- [Bia Energy](https://millionrounds.com/company/bia-energy)

## Energy

3

- [Crescent Pass Energy](https://millionrounds.com/company/crescent-pass-energy)
- [Optivolt](https://millionrounds.com/company/optivolt)
- [*AE* Avalanche Energy](https://millionrounds.com/company/avalanche-energy)

## Segment by segment

### Biotech

197 startups · $38B raised

- [**Blueprint Medicines**](https://millionrounds.com/company/blueprint-medicines) Blueprint Medicines is a global, fully integrated biopharmaceutical company that invents life-changing medicines. United States $1.4B
- [**Apogee Therapeutics**](https://millionrounds.com/company/apogee-therapeutics) Apogee Therapeutics is a biotechnology company that offers therapies for immunological and inflammatory disorders. United States $1.3B
- [**Intarcia Therapeutics**](https://millionrounds.com/company/intarcia-therapeutics) Intarcia Therapeutics develops therapies for diseases that require long-term chronic treatment. United States $1.1B
- [**Celcuity**](https://millionrounds.com/company/celcuity) Celcuity is a biotechnology company translating discoveries of new cancer sub-types into expanded therapeutic options for cancer patients. United States $1.0B
- [**Candid Therapeutics**](https://millionrounds.com/company/candid-therapeutics) Candid Therapeutics was a clinical-stage biotechnology company based in San Diego, California, founded in 2024. United States $875M
- [**Tango Therapeutics**](https://millionrounds.com/company/tango-therapeutics) Tango Therapeutics is a biotechnology company that is developing next generation cancer therapies. United States $852M
- [**Dyne Therapeutics**](https://millionrounds.com/company/dyne-therapeutics) Dyne Therapeutics is a developer of targeted therapies intended for serious muscle diseases. United States $828M
- [**Avidity Biosciences**](https://millionrounds.com/company/avidity-biosciences) Synapse Energy Economics is a consulting firm providing economic and policy analysis for the electric power sector. United States $790M

### Pharma

45 startups · $8.1B raised

- [**Mineralys Therapeutics**](https://millionrounds.com/company/mineralys-therapeutics) Mineralys Therapeutics is a clinical-stage biopharmaceutical company committed to developing therapy for the treatment of hypertension. United States $788M
- [**Dianthus Therapeutics**](https://millionrounds.com/company/dianthus-therapeutics) Dianthus Therapeutics is a biotech company developing new treatments for serious autoimmune diseases using a more targeted approach. United States $719M
- [**Vaxcyte**](https://millionrounds.com/company/vaxcyte) Vaxcyte focuses on developing vaccines designed to prevent or treat some of the most common and deadly infectious diseases worldwide. United States $633M
- [**Korsana Biosciences**](https://millionrounds.com/company/korsana-biosciences) Korsana Biosciences develops THETA-enabled antibody therapies for neurodegenerative diseases including Alzheimer’s. United States $530M
- [**Ollin Biosciences**](https://millionrounds.com/company/ollin-biosciences) Ollin Biosciences is a clinical-stage biopharmaceutical company based in Austin, Texas, founded in 2023. United States $430M
- [**Parabilis Medicines**](https://millionrounds.com/company/parabilis-medicines) Parabilis Medicines is a Grupo Bugio is a biopharmaceutical firm that specializes in creating medicines. United States $380M
- [**GH Research**](https://millionrounds.com/company/gh-research) GH Research is a biopharmaceutical company developing novel therapies for the management of mental illness. Ireland $268M
- [*I* **Inhibrx**](https://millionrounds.com/company/inhibrx) United States $265M

### Healthtech

12 startups · $1.2B raised

- [**Somatus**](https://millionrounds.com/company/somatus) Somatus is a healthcare company that partners with health plans, health systems, nephrology, and primary care groups. United States $336M
- [*M* **MMI**](https://millionrounds.com/company/mmi) We as an organisation are highly ambitious about innovation and want to bring a change in the existing IT industry. - $263M
- [**CervoMed**](https://millionrounds.com/company/cervomed) CervoMed a clinical-stage firm focused on discovering therapies for brain degenerative illnesses. United States $160M
- [**Tasso**](https://millionrounds.com/company/tasso) Tasso is a Medical innovation company changing the way diagnostics are delivered United States $109M
- [**Kinaset Therapeutics**](https://millionrounds.com/company/kinaset-therapeutics) At Kinaset Therapeutics, we intend to develop novel respiratory therapeutics that can positively impact people affected by intract United States $103M
- [**Vesta Healthcare**](https://millionrounds.com/company/vesta-healthcare) Vesta Healthcare is a technology and clinical services organization that offers virtual care services. United States $75M
- [**Iterum Therapeutics**](https://millionrounds.com/company/iterum-therapeutics) Iterum Therapeutics is a clinical-stage pharmaceutical company that develops significantly differentiated anti-infectives. Ireland $67M
- [**LENZ Therapeutics**](https://millionrounds.com/company/lenz-therapeutics) LENZ Therapeutics operates as an organization engaged in the late-stage clinical development of pharmaceuticals for the eyes. United States $30M

### AI

7 startups · $596M raised

- [**Synthego**](https://millionrounds.com/company/synthego) Synthego is a genome engineering company that enables access to CRISPR to accelerate life science research and development. United States $319M
- [*E* **eXo**](https://millionrounds.com/company/exo) France $101M
- [**Metagenomi**](https://millionrounds.com/company/metagenomi) Metagenomi uses metagenomics and machine learning to discover novel genome editing systems for therapeutics development. United States $100M
- [**Planted**](https://millionrounds.com/company/planted) Planted is a mobile and online recruitment platform that matches recent graduates with non-technical roles at high-growth companies. United States $32M
- [**Empatica**](https://millionrounds.com/company/empatica) Empatica Inc. United States $26M
- [**New Equilibrium Biosciences**](https://millionrounds.com/company/new-equilibrium-biosciences) New Equilibrium Biosciences is a biotechnology and drug-discovery company based in Boston, Massachusetts, with a presence in Brussels. United States $10M
- [**Bia Energy**](https://millionrounds.com/company/bia-energy) Bia Energy is a Colombian EnergyTech company focused on the digital commercialization of electricity. Colombia $8.5M

### Energy

3 startups · $141M raised

- [**Crescent Pass Energy**](https://millionrounds.com/company/crescent-pass-energy) Crescent Pass Energy is a privately held exploration and production company based in Houston, Texas, founded in 2018. United States $75M
- [**Optivolt**](https://millionrounds.com/company/optivolt) Millions of homes just became eligible for solar power. United States $37M
- [*AE* **Avalanche Energy**](https://millionrounds.com/company/avalanche-energy) United States $29M

**How this map is made.** Every startup here has raised money in a round we track that names RA Capital Management as an investor, the first in 2006. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Private equity · United States **Gaingels** 493 startups · 12 sectors · $40B](https://millionrounds.com/portfolio-maps/gaingels-portfolio-map)[Private equity · United States **Goldman Sachs** 294 startups · 12 sectors · $163B](https://millionrounds.com/portfolio-maps/goldman-sachs-portfolio-map)[Private equity · United States **Pioneer Fund** 289 startups · 12 sectors · $5.9B](https://millionrounds.com/portfolio-maps/pioneer-fund-2-portfolio-map)[Private equity · United States **OrbiMed** 221 startups · 4 sectors · $34B](https://millionrounds.com/portfolio-maps/orbimed-portfolio-map)[Private equity · United States **Cormorant Asset Management** 123 startups · 3 sectors · $25B](https://millionrounds.com/portfolio-maps/cormorant-asset-management-portfolio-map)[Private equity · United States **Morgan Stanley Investment Management** 112 startups · 12 sectors · $171B](https://millionrounds.com/portfolio-maps/morgan-stanley-investment-management-portfolio-map)

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