Terray Therapeutics

Terray Therapeutics

Discovers and develops small molecule drugs

About

Terray Therapeutics focuses on discovering and developing small molecule drugs using a combination of experimental techniques and computational methods. The company generates a large dataset of over two billion unique target-ligand binding measurements, with 150 million new measurements added each month. This extensive data allows for precise predictions of molecular properties through deep learning models. Terray employs a fast design-make-test-analyze cycle, completing each cycle in under a month, which enables the exploration of chemical space and the identification of effective small molecules for various targets. While the primary focus is on immunology, Terray collaborates with pharmaceutical and biotech companies to tackle a wide range of therapeutic challenges, creating additional revenue streams alongside its own drug discovery initiatives.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Biotechnology

Total Funding

$189.7M

Headquarters

Pasadena, California

Founded

2018


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Simplify's Take

What believers are saying

  • Terray's partnerships with Gilead and Bristol Myers Squibb enhance its market reach.
  • The $120 million Series B funding boosts Terray's research and development capabilities.
  • Generative AI trends support Terray's innovative drug discovery approach.

What critics are saying

  • Dependence on partnerships may limit Terray's strategic autonomy.
  • Rapid AI advancements could render Terray's platform obsolete if not updated.
  • Regulatory challenges for AI-driven drug discovery could impact Terray's progress.

What makes Terray Therapeutics unique

  • Terray integrates experimentation and computation for efficient small molecule drug discovery.
  • The company generates over 150 million new target-ligand measurements monthly.
  • Terray's rapid cycle allows exploration of millions of molecules in under a month.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

2%

2 year growth

1%

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