Fundraising Fox

Allay Therapeutics

San Jose, US · Founded 2016 · Delaware corporation · 30 employees on LinkedIn · 5 known investors

Find your way into Allay Therapeutics

151 people in our graph share verified history with the Allay Therapeutics team — schools, employers, funds. One of them is your warm intro.

Jeff Yureckounlockedknows Adam Gridley · together at Vergentbio (overlapped)
×2knows the team · via Hyalex
×6knows the team · via University of Denver
×3knows the team · via University of Denver - Daniels College of Business

Allay Therapeutics develops localized pain management technology designed to deliver several weeks of post-surgical pain relief. The company focuses on supporting patients through recovery following surgery.

Founders & leadership

AGAdam Gridley
Adam GridleyinChief Executive Officer2020–2026Adam Gridley brings over 25 years of operational and transactional experience across the biotechnology, medical device, and pharmaceutical sectors, with background leading executive teams at venture-backed startups and established companies through multiple FDA approvals, significant fundraising rounds, and strategic exits. At Allay Therapeutics, he serves as Executive Officer and Director.
KHKristen Howells
Kristen HowellsinVP Finance, Corporate Controller
JM
Josh MakowerNamed on SEC filing
TC
Tak CheunginNamed on SEC filingPartner at New Enterprise Associates (NEA)
KD
Karun D. NagaNamed on SEC filing

Board

LR
Leighton ReadBoard director
NVNicole Vitullo
Nicole VitulloinBoard MemberInvestor at Arboretum Ventures
MAMichael A. Carusi
Michael A. CarusiinBoard directorManaging Partner at Lightstone Ventures
TLTiffany Le
Tiffany Lein𝕏Board directorPrincipal at New Enterprise Associates (NEA)
PMPaul McCreadie
Paul McCreadieinBoard directorManaging Partner and COO at Arboretum Ventures
JLJ.C. Lopez
J.C. LopezinBoard directorPrincipal at New Enterprise Associates (NEA)
ATAnselm Tan
Anselm TanBoard directorDigital Health and MedTech Lead at ClavystBio

Investors · 5

Reported raises · per SEC filings

Form D private placements

$162.6M disclosed across 4 rounds · 2019–2025

$45MraisedFeb 2025 · 18 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Leighton ReadDirector
  • Mark DeemDirector
  • Nicole VitulloDirector
  • Michael A. CarusiDirector
  • Tiffany LeDirector
  • Adam GridleyExecutive Officer, Director
  • Paul McCreadieDirector
  • J.C. LopezDirector
  • Anselm TanDirector
  • Kristen HowellsExecutive Officer
Offering amount
$60M
Amount sold
$45M
Minimum investment
$1
First sale
Jan 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$86.9MraisedDec 2023 · 22 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tak CheungDirector
  • Josh MakowerDirector
  • Michael A. CarusiDirector
  • Paul McCreadieDirector
  • Nicole VitulloDirector
  • Adam GridleyExecutive Officer, Director
  • Leighton ReadDirector
  • Mark DeemDirector
Offering amount
$86.9M
Amount sold
$86.9M
Minimum investment
$1
First sale
Sep 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15MraisedJul 2021 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tak CheungDirector
  • Josh MakowerDirector
  • Mark DeemDirector
  • Leighton ReadDirector
  • Michael A. CarusiDirector
  • Adam GridleyExecutive Officer, Director
  • Karun D. NagaDirector
Offering amount
$18M
Amount sold
$15M
Minimum investment
$1
First sale
Apr 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15.8MraisedFeb 2019 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh MakowerDirector
  • Hanson S. Gifford IIIDirector
  • Tak CheungDirector
  • Leighton ReadDirector
  • Michael A. CarusiDirector
  • Mark DeemExecutive Officer, Director
  • Karun D. NagaExecutive Officer, Director
Offering amount
$28.8M
Amount sold
$15.8M
Minimum investment
$1
First sale
Jan 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Allay Therapeutics went on to found or lead other companies.

Competitors · 5

by search overlap
Alloy9 shared keywordsAlloy provides drug discovery services and platform technologies across genetic medicines, TCR mimics, and cell therapies, supporting pharmaceutical partners in developing novel treatments.
Lealtx8 shared keywordsLeal Therapeutics is a company focused on CNS (central nervous system) disorders, drawing on academic and drug-development experience in neurology and neurodegenerative disease.
Coya Therapeutics6 shared keywordsCoya Therapeutics is a clinical-stage biotechnology company developing regulatory T cell (Treg) therapeutic modalities to treat neurodegenerative, autoimmune, and metabolic diseases. Its programs include the ALSTARS clinical trial in ALS.
Relay5 shared keywordsRelay Therapeutics develops the Dynamo platform, which applies motion-based drug design principles to discover therapeutic drugs by integrating protein dynamics simulations with experimental and computational techniques. The platform serves pharmaceutical and biotech researchers seeking to accelerate drug discovery across multiple phases of development.
Nasdaq Private Market5 shared keywordsNasdaq Private Market operates infrastructure for private-company securities, offering liquidity programs (tender offers, buybacks, auctions), a secondary marketplace for accredited investors to buy and sell pre-IPO shares and funds, market data and intelligence, patented settlement technology, and capital-raising solutions. It serves private companies, employee shareholders, institutional and individual investors, and banks/brokers.

Companies competing with Allay Therapeutics for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Allay Therapeutics do?
Allay Therapeutics develops localized pain management technology designed to deliver several weeks of post-surgical pain relief. The company focuses on supporting patients through recovery following surgery.
Who are Allay Therapeutics's investors?
Allay Therapeutics's investors include Arboretum Ventures, Lightstone Ventures, New Enterprise Associates (NEA), SGInnovate, ClavystBio.
How much funding has Allay Therapeutics raised?
Allay Therapeutics has disclosed $162.6M raised across 4 rounds.
Where is Allay Therapeutics headquartered?
Allay Therapeutics is headquartered in San Jose, US.