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HotSpot Therapeutics
AddedFeb 13, 2024
UpdatedJun 18, 2026
HotSpot Therapeutics

HotSpot Therapeutics

Series C

HotSpot Therapeutics, a biotech firm, innovates allosteric therapies inspired by nature for novel disease treatment.

HQ
Boston, MA, US
Founded
2017
Overview
Compare
Fundraising
Employees
Website

HotSpot Therapeutics, founded with a mission to harness nature's regulatory mechanisms to develop innovative therapies, focuses on pioneering allosteric drug discovery. By targeting "natural hotspots" on proteins, the company aims to create differentiated medicines that offer new treatment possibilities for various diseases. Their approach leverages the inherent on/off switches in proteins to modulate their function, representing a novel paradigm in biotechnology.

Notable figures associated with HotSpot Therapeutics include experienced biotech leaders and scientists who have significantly contributed to the field. The company has attracted substantial investment from leading venture capital firms, enabling it to advance its research and development efforts. Key achievements include the successful identification of multiple allosteric sites and the progression of several drug candidates into preclinical and clinical stages, underscoring its impact on the future of therapeutic innovation.

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HotSpot Therapeutics - Quick Facts

Who are HotSpot Therapeutics' competitors?

Companies similar to HotSpot Therapeutics include Bonum Therapeutics, Atavistik Bio, Spotlight Therapeutics and ProFound Therapeutics.

When was HotSpot Therapeutics founded?

HotSpot Therapeutics was founded in 2017.

Where is HotSpot Therapeutics' headquarters located?

HotSpot Therapeutics' headquarters is located in Boston, MA, US.

When was HotSpot Therapeutics' last funding round?

HotSpot Therapeutics' most recent funding round was for $100M (USD) in November 2021.

How much has HotSpot Therapeutics raised to-date?

As of Nov 29, 2021, HotSpot Therapeutics has raised a total of $210M (USD).

How many employees does HotSpot Therapeutics have?

HotSpot Therapeutics has 91 employees as of Feb 4, 2024.

HotSpot Therapeutics - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • Biotech
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Allosteric Therapies
Tags
  • Biotech
  • Healthtech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541714Research and Development in Biotechnology (except Nanobiotechnology)
  • 541000Professional, Scientific, and Technical Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8730Research, Development, And Testing Services
  • 8731Commercial Physical and Biological Research
Show 4 more industry codes
NAICS
  • 620000Health Care and Social Assistance
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified