NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Crystalys Therapeutics

Crystalys Therapeutics

Private
San Diego, CaliforniaHealthcare & Life Scienceshttps://crystalystx.com/

Last Round

Series A

Sep 30, 2025

Est. Valuation

$280M

Total Funding Raised

$228M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Crystalys Therapeutics is a clinical-stage biopharmaceutical company developing dotinurad, a next-generation URAT1 inhibitor, as a second-line therapy for gout.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Drug Discovery, Clinical Trials

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

biotechnologydrug developmentbiopharmaclinical trialsdotinuradURAT1 inhibitordrug discoverytherapeutic candidatesclinical-stage biotechasset out-licensingbiotech startupunmet medical needspharmaceutical research

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Crystalys Therapeutics Comps

Public and private peers based on sector, stage, and business model.

Crystalys Therapeutics comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Crystalys Therapeutics Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 30, 2025

Key People

Founding team and executive leadership

Ashwin Ram

Co-Founder and Chief Operating Officer

Founding Team

Nihar Bhakta

Chief Medical Officer and co-founder

Founding Team

James Mackay

Co-Founder, President CEO

Founding Team

David Jin

Chief Financial Officer, Head Of Corporate Development

Executive Team

Crystalys Therapeutics Investors

Notable investors and investment history

Crystalys Therapeutics investors
InvestorRounds
Conrad Prebys FoundationSeries A
Wedbush Healthcare PartnersSeries A
Perceptive AdvisorsSeries A
KB InvestmentSeries A
Lightstone VenturesSeries A
abrdn Inc.Series A
Pontifax Venture CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 14, 2026

    Grew 45% QoQ, from 11 to 16 employees.

  • Feb 13, 2026

    Grew 50% QoQ, from 10 to 15 employees.

Crystalys Therapeutics Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Crystalys Therapeutics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Crystalys Therapeutics's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Diego, California
Employee Range18
Year Founded2025
Last FundingSep 30, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.