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Nautilus Biotechnology

Proteomics platform for drug target prioritization

Overview

Nautilus Biotechnology develops a proteomics platform that maps the human proteome to speed up drug discovery. The platform analyzes thousands of proteins across biological samples to reveal which drug targets are most likely to succeed in clinical trials, helping researchers prioritize targets with higher potential. The company sells the platform and related services to pharmaceutical companies, research institutions, and biotech firms, operating on a B2B model. Unlike tools that focus only on genes or small-molecule data, Nautilus provides direct protein-level insights at large scale, combining deep proteome coverage with analytics to reduce time and costs in target discovery. Its goal is to unlock the proteome to enable breakthroughs in biology and medicine and to improve global health outcomes by accelerating and improving drug development.

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About Nautilus Biotechnology

Simplify's Rating
Why Nautilus Biotechnology is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareBiotechnologyHealthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Seattle, WA

Founded

2016

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What believers are saying

  • Nature Methods data and World HUPO 2026 oncology results support platform extensibility beyond tau.
  • Amber Faust joined March 2026, adding commercial proteomics experience from Olink, SomaLogic, and Waters.
  • SEEDS funding and Baylor early access validate demand and create data for 2027 launches.

What critics are saying

  • Revenue was only $0.2 million in Q3 2026, while cash fell to $114.3 million.
  • Commercial launch slipped repeatedly; management now targets instrument availability in mid-2027, not 2026.
  • If Voyager misses reproducibility targets, pharma adoption stalls and Nautilus remains a cash-burning platform science project.

What makes Nautilus Biotechnology unique

  • Voyager’s Iterative Mapping quantified 130 tau proteoform groups, including 0.1% abundance variants, in Nature Methods.
  • Nautilus has a first customer, Baylor, and a 2026 early-access program already running.
  • ARPA-H’s 2026 SEEDS consortium chose Nautilus for Alzheimer’s and cancer proteoform measurement work.

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Funding

Total Funding

$459.2M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
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Benefits

  • Hybrid Work Options

Stock Price

Growth & Insights and Company News

6 month growth

2%

1 year growth

-6%

2 year growth

0%
Yahoo Finance
Oct 27th, 2026
Nautilus Biotechnology Q3 net loss widens to $15.6M, with $114.3M cash and up to $6M ARPA-H funding

Nautilus Biotechnology, a Seattle-based developer of a single-molecule proteome analysis platform, reported a third-quarter net loss of $15.6 million, up from $13.6 million a year earlier. Revenue was $0.2 million, mostly from a Michael J. Fox Foundation grant and early access program services. Operating expenses rose 10% to $16.9 million on higher laboratory, professional services, and salary costs. Cash, cash equivalents, and investments stood at $114.3 million on September 30, 2026. After quarter end, the company joined SEEDS, a four-year research consortium funded by the Advanced Research Projects Agency for Health. Nautilus expects to receive up to $6 million to use its Voyager platform to measure proteoforms tied to Alzheimer's disease and cancer. Chief executive officer Sujal Patel said the company still plans instrument availability in mid-2027.

Yahoo Finance
Oct 27th, 2026
Nautilus to receive up to $6M in $51.7M ARPA-H SEEDS project on Alzheimer's and cancer proteins

Nautilus Biotechnology expects to receive up to $6 million to join SEEDS, a four-year research consortium awarded up to $51.7 million by the Advanced Research Projects Agency for Health (ARPA-H). The Buck Institute for Research on Aging and Georgetown University co-lead the group. SEEDS aims to predict how disease-causing proteins misfold before irreversible damage occurs. It will use those predictions to develop ways to detect and treat neurodegenerative diseases and cancer. Nautilus will use its Voyager Platform to measure proteoforms, the distinct versions of proteins, in model systems, disease tissues, and biofluids. Work starts with Alzheimer's disease and Ewing sarcoma. The resulting data is expected to train AI models that predict how proteoforms push a protein toward aggregation.

Associated Press
Sep 4th, 2026
Nautilus maps 130 tau proteoforms in Nature Methods study, eyes 20 assays by mid-2028

Nautilus Biotechnology has published research in Nature Methods demonstrating its ability to quantify tau protein variants at unprecedented scale. The study used the company's Iterative Mapping technology to identify 130 tau proteoform groups, including those present at just 0.1% of samples. The research revealed that disease-associated modifications accumulate on tau proteins in ordered, non-random sequences. This insight could enable development of new diagnostics and therapeutics for Alzheimer's disease and related conditions. Nautilus is now applying the same approach to α-synuclein in Parkinson's disease and AKT1, its first oncology proteoform assay. The AKT1 assay is expected to enter early access in late 2026. The Seattle-based company targets roughly 20 proteoform assays by mid-2028. The Nautilus Tau Proteoforms Assay is currently available through its Early Access Programme.

Associated Press
Apr 28th, 2026
Nautilus Biotechnology posts $14.7M Q1 loss, cuts operating costs 14% while launching proteomics early access programme

Nautilus Biotechnology, a company developing a single-molecule proteome analysis platform, reported a net loss of $14.7 million for the first quarter of 2026, compared to a $16.6 million loss in the corresponding period last year. Operating expenses decreased 14% year-over-year to $16.1 million, driven by lower salary, benefits, stock-based compensation and facilities costs. The company held $143.4 million in cash, cash equivalents and investments as of 31 March 2026. During the quarter, Nautilus initiated its Iterative Mapping Early Access Programme with Baylor College of Medicine and appointed Amber Faust, a proteomics veteran from Olink Proteomics and SomaLogic, as Vice President of Global Sales. The company is developing its Voyager Platform ahead of commercial launch.

Yahoo Finance
Mar 18th, 2026
Baylor College of Medicine becomes first customer for Nautilus' Voyager proteomics platform

Nautilus Biotechnology has announced Baylor College of Medicine as the first customer of its Iterative Mapping Early Access Program for the Voyager Platform. Through an NIH U01-funded study, Baylor will use Nautilus' single-molecule proteomics technology to develop a computational multi-omics toolkit for cancer research. The project, led by Professors Bing Zhang and Yongchao Dou, aims to identify aberrant protein isoforms that contribute to tumour growth, metastasis, immune evasion and therapeutic resistance. Researchers will combine computational approaches with full-length, isoform-resolved proteomic measurements from the Nautilus Voyager Platform to enable direct comparison of transcriptional and proteomic changes at unprecedented resolution. The collaboration pairs Baylor's multi-omics expertise with Nautilus' validated tau proteoforms assay to advance high-resolution cancer isoform analysis.

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