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Orna Therapeutics

Orna Therapeutics

Private
Watertown, MassachusettsHealthcare & Life Scienceshttps://www.ornatx.com

Last Round

Series B

Aug 16, 2022

Total Funding Raised

$321M

Company Overview

Orna Therapeutics is a biotechnology company that develops a new class of fully engineered circular RNA (oRNA) therapeutics. The company's proprietary platform combines oRNA technology, which offers advantages over traditional linear mRNA such as greater stability and protein expression, with lipid nanoparticle (LNP) delivery systems. Orna aims to create in vivo therapies to treat a range of diseases, with a focus on oncology, autoimmune diseases, and genetic disorders. In May 2024, Orna acquired ReNAgade Therapeutics to incorporate its RNA delivery systems and editing programs. The company's lead programs include an in situ CAR (isCAR) therapy for cancer and autoimmune diseases.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Drug Discovery, Clinical Trials, Precision Medicine

Business Model

B2B

Customer Profile

Revenue Share

AI Layer

Non-AI

Keywords

circular RNAoRNAin vivo CAR therapyLNP deliverylipid nanoparticlesRNA therapeuticsnext-generation cell therapyin vivo cell therapypanCARoff-the-shelf CAR therapydrug delivery platformin situ CARcell and gene therapyautoimmune disease therapyoncology

Historical Pricing

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Orna Therapeutics Comps

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

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Orna Therapeutics Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BAug 16, 2022
Series AFeb 24, 2021
SeedMay 11, 2020

Key People

Founding team and executive leadership

shinin darkness

CEO

Executive Team

Siva Sakhamuri

Chief Technology Officer

Executive Team

Ciaran Lawlor

Chief Strategy Officer COO

Executive Team

Orna Therapeutics Investors

Notable investors and investment history

InvestorRounds
MPM CapitalSeries B, Seed, Series A
Taiho VenturesSeries A
MPM BioImpactSeries B
PAGSeries A
Astellas Venture ManagementSeries A
F2 VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 11, 2026

    ORN-252 targets CD19 for autoimmune diseases.

  • Dec 7, 2025

    New preclinical data for in vivo CAR programs presented at ASH Annual Meeting.

Orna Therapeutics Filings

SEC and related filings with document metadata.

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Orna Therapeutics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersWatertown, Massachusetts
Employee Range175
Year Founded2019
Last FundingAug 16, 2022

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.