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The Venture Codex

Overview

Invests in transformational life science companies with high growth potenti

Founded

2007

Deals ยท 12mo

4

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

Biotechnology
Health Care
Medical Device

Investment portfolio

125rounds
NAMEDATESIZE
Flare Therapeutics
Jun 2026Led
$85 MSeries C
Terremoto Biosciences
Apr 2026Participated
$108 MSeries C
Syremis Therapeutics
Dec 2025Led
$165 MSeries A
Azalea Therapeutics
Nov 2025Led
$65 MSeries A
ARTBIO
Jul 2025Participated
$132 MSeries B
Merida Biosciences
Apr 2025Led
$121 MSeries A
Trace Neuroscience
Nov 2024Led
$101 MSeries A
Seaport Therapeutics
Oct 2024Participated
$225 MSeries B
Candid Therapeutics
Sep 2024Participated
$370 MOther Equity
Marea Therapeutics
Jun 2024Led
$190 MSeries A
Asher Bio
Apr 2024Participated
$55 MSeries C
Seaport Therapeutics
Apr 2024Participated
$100 MSeries A
Flare Therapeutics
Jun 2026Led
$85 MSeries C
Terremoto Biosciences
Apr 2026Participated
$108 MSeries C
Syremis Therapeutics
Dec 2025Led
$165 MSeries A
Azalea Therapeutics
Nov 2025Led
$65 MSeries A
ARTBIO
Jul 2025Participated
$132 MSeries B
Merida Biosciences
Apr 2025Led
$121 MSeries A
Trace Neuroscience
Nov 2024Led
$101 MSeries A
Seaport Therapeutics
Oct 2024Participated
$225 MSeries B
Candid Therapeutics
Sep 2024Participated
$370 MOther Equity
Marea Therapeutics
Jun 2024Led
$190 MSeries A
Asher Bio
Apr 2024Participated
$55 MSeries C
Seaport Therapeutics
Apr 2024Participated
$100 MSeries A
125
Items
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Insights

Time horizon

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Deal Distribution

Third Rock Ventures: 125 funding rounds are recorded in the selected participation categories.All available history.
Third Rock Ventures: 125 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A4711
Series B728
Series C+317
Other Equity19
Debt01

Monthly Deal Activity

Third Rock Ventures: 125 deals are recorded across 203 months.All available history.
Third Rock Ventures: 125 deals are recorded across 203 months. All available history
MonthDeals
Dec '091
Jan '101
Feb '101
Mar '100
Apr '100
May '100
Jun '102
Jul '100
Aug '100
Sep '102
Oct '101
Nov '100
Dec '100
Jan '111
Feb '110
Mar '110
Apr '113
May '111
Jun '112
Jul '111
Aug '110
Sep '110
Oct '113
Nov '112
Dec '111
Jan '121
Feb '120
Mar '121
Apr '121
May '121
Jun '123
Jul '122
Aug '120
Sep '121
Oct '121
Nov '121
Dec '121
Jan '130
Feb '132
Mar '131
Apr '131
May '130
Jun '130
Jul '132
Aug '130
Sep '130
Oct '131
Nov '131
Dec '130
Jan '142
Feb '141
Mar '142
Apr '142
May '141
Jun '140
Jul '141
Aug '140
Sep '140
Oct '140
Nov '141
Dec '141
Jan '151
Feb '151
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '152
Sep '150
Oct '152
Nov '150
Dec '150
Jan '160
Feb '161
Mar '160
Apr '160
May '160
Jun '161
Jul '161
Aug '160
Sep '161
Oct '160
Nov '161
Dec '162
Jan '171
Feb '171
Mar '171
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '171
Nov '170
Dec '171
Jan '180
Feb '180
Mar '181
Apr '183
May '182
Jun '181
Jul '180
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '191
Mar '190
Apr '190
May '191
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '202
Apr '200
May '201
Jun '200
Jul '200
Aug '200
Sep '201
Oct '201
Nov '201
Dec '201
Jan '210
Feb '210
Mar '212
Apr '210
May '211
Jun '211
Jul '210
Aug '210
Sep '211
Oct '211
Nov '210
Dec '211
Jan '222
Feb '220
Mar '221
Apr '220
May '222
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '233
Apr '230
May '230
Jun '230
Jul '231
Aug '231
Sep '230
Oct '230
Nov '231
Dec '231
Jan '241
Feb '240
Mar '241
Apr '242
May '240
Jun '241
Jul '240
Aug '240
Sep '241
Oct '241
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '251
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '251
Dec '251
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Third Rock Ventures: Health & Life Sciences is the largest displayed sector by deal count (125 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Third Rock Ventures: Health & Life Sciences is the largest displayed sector by deal count (125 deals). All available history
SectorDeals
Health & Life Sciences125
Space & Frontier Tech10
AI & Machine Learning2
Consumer & Lifestyle2
Networks, Cloud & Communication1
Hardware & Robotics1
Clean Energy & Sustainability1
Professional Services1

Deal Size Distribution

Third Rock Ventures: 125 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Third Rock Ventures: 125 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M3
$10M-$25M20
$25M-$50M38
$50M-$100M33
$100M-$250M28
$250M-$500M2
$500M-$1B0
$1B+0

Deals By Geography

Third Rock Ventures: United States has the largest recorded deal count among the displayed regions (124 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Third Rock Ventures: United States has the largest recorded deal count among the displayed regions (124 deals). All available history
RegionDeals
United States124
Israel1
Third Rock Ventures: 20 co-investors are shown, with Casdin Capital sharing 23 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Third Rock Ventures: Led accounts for 46% and participating for 54% of round participation.All available history.
Third Rock Ventures: Led accounts for 46% and participating for 54% of round participation. All available history
CategoryDeals (count)Share (%)
Led5846%
Participating6754%
Third Rock Ventures: Single-lead accounts for 62% and co-led for 38% of lead dynamics.All available history.
Third Rock Ventures: Single-lead accounts for 62% and co-led for 38% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3662%
Co-led2238%

Team

Andrea van Elsas

Chief Scientific Officer

Andrew Warren

Associate

Cynthia Clayton

Vice President, Communications & Investor Relations

Jeffrey Finer

Venture Partner

John Maraganore

Venture Partner

Lorence Kim

Venture Partner

Mark D. Angelino

Venture Partner

Mark Levin

Partner

Richard Ransohoff

Venture Partner

Tim Funnell

Principal