Tech Company Financing Transactions
Erasca Funding Round
Erasca, operating out of San Diego, secured $42 million from City Hill Ventures, Cormorant Asset Management and private investors.
Transaction Overview
Company Name
Announced On
12/19/2018
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series A
Investors
City Hill Ventures (Lead Investor)
Cormorant Asset Management (Lead Investor) (Bihua Chen)
Proceeds Purpose
Proceeds of the financing will support development of a new generation of oncology drugs intended to not just treat, but actually cure cancer.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
10835 Rd. to the Cure 140
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Our mission at Erasca is embedded in our name: To erase cancer in patients by creating a new generation of oncology drugs that we hope will not just treat, but actually cure. Energized by recent scientific discoveries and advances in drugging various biological drivers of cancer, we are committed to solving oncology's hardest problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Michael Varney
Chief Executive Officer
Jonathan Lim
Chief Operating Officer
Gary Yeung
General Manager
Jen Majeti
Vice President
Les Brail
Vice President
Robert Shoemaker
Vice President
Jean Vernier
VP - Bus. Development
David Chacko
VP - Finance
Karen Gilmore
VP - Operations
David Luo
VP - Regulatory Affairs
Bao Truong
Browse more venture capital transactions:
Prev: 12/19/2018: Ada Support venture capital transaction
Next: 12/19/2018: PlanetScale venture capital transaction
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