Fundraising Fox

Crinetics

NASDAQ: CRNX

San Diego, US · Founded 2008 · 641 employees on LinkedIn · 5 known investors

Find your way into Crinetics

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

Eric Wagnerunlockedknows Stephen F. Betz · together at The University of North Carolina at Chapel Hill (overlapped)
knows the team · via The University of North Carolina at Chapel Hill
knows the team · via Radionetics
×9knows the team · via University of Delaware

Crinetics is a pharmaceutical company focused on discovering, developing, and commercializing therapies for endocrine diseases and endocrine-related conditions.

Founders & leadership

Crinetics was founded in 2008 by Richard Scott Struthers, Stephen F. Betz, and Stephen Betz.

RS
Richard Scott StruthersCo-founder
SFStephen F. Betz
Stephen F. BetzinCo-founder · Chief Scientific OfficerStephen F. Betz is an Executive Officer at Crinetics Pharmaceuticals, a company focused on drug discovery and pharmaceutical development. He has worked in drug discovery, preclinical development, molecular pharmacology, and receptor biology across pharmaceutical and biotechnology organizations.
SBStephen Betz
Stephen BetzinCo-founder · Chief Scientific OfficerStephen Betz is Chief Scientific Officer of Crinetics, a pharmaceutical company developing therapies for endocrine diseases. He has experience in drug discovery, preclinical development, lead optimization, molecular pharmacology, and assay development across pharmaceutical and biotechnology companies.
RSR. Scott Struthers
R. Scott StruthersinFounder, CEO2008–2026R. Scott Struthers is President, Chief Executive Officer and Director of Crinetics, a pharmaceutical company developing therapies for endocrine diseases and related conditions. He has expertise in drug discovery, development, and biotech talent management across research areas including neuroendocrinology, structural pharmacology, and endocrinology.
TSTobin Schilke
Tobin SchilkeinChief Financial OfficerTobin Schilke is Chief Financial Officer of Crinetics, a pharmaceutical company developing therapies for endocrine diseases. He has over 25 years of biopharma industry experience in finance, IT, and operations, with a track record of raising capital and executing M&A transactions.
IKIsabel Kalofonos
Isabel KalofonosinChief Commercial Officer (CCO)Isabel Kalofonos holds the role of Chief Commercial Officer at Crinetics, a pharmaceutical company developing therapies for endocrine diseases. She has held positions at Shire and Takeda, where she worked on product commercialization, market access, and pricing strategy.
YZ
YunFei ZhuNamed on SEC filing

Board

MS
Mahendra ShahBoard directorSenior Fellow at Vivo Capital
SK
Steve KaldorBoard director
MFMason Freeman
Mason FreemanBoard directorVenture Partner at 5AM Ventures
WW
Wendell WierengaBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$428M disclosed across 3 rounds · 2015–2024

$350MraisedMar 2024 · 36 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • JAMES HASSARDExecutive Officer
  • STEPHEN BETZExecutive Officer
  • ROGERIO VIVALDI COELHO, M.D.Director
  • WESTON NICHOLS, PhDDirector
  • MARC WILSONExecutive Officer
  • CAMILLE BEDROSIAN, M.D.Director
  • MATTHEW FUSTDirector
  • RICHARD SCOTT STRUTHERS, PhDExecutive Officer, Director
  • JEFF KNIGHTExecutive Officer
  • WENDELL WIERENGA, PhDDirector
  • DANA PIZZUTIExecutive Officer
  • CAREN DEARDORFDirector
  • STEPHANIE OKEYDirector
Offering amount
$350M
Amount sold
$350M
Sales commissions
$14M
Placement agents
LIFESCI CAPITAL, LLC, H.C. WAINWRIGHT & CO., LLC, ROBERT W. BAIRD & CO. INCORPORATED, PIPER SANDLER & CO., LEERINK PARTNERS LLC, CITIZENS JMP SECURITIES, LLC
First sale
Mar 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$60MraisedFeb 2018 · 12 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Mason Freeman, M.D.Director
  • Matthew K. FustDirector
  • Wendell Wierenga, Ph.DDirector
  • Richard Scott Struthers, Ph.DExecutive Officer, Director
  • Steve Kaldor, Ph.DDirector
  • Marc WilsonExecutive Officer
  • Weston Nichols, Ph.DDirector
  • Jack B. NielsenDirector
Offering amount
$65M
Amount sold
$60M
First sale
Feb 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$18MraisedNov 2015 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • YunFei ZhuExecutive Officer
  • Steve KaldorDirector
  • Mason FreemanDirector
  • Wendell WierengaDirector
  • Richard Scott StruthersExecutive Officer, Director
  • Mahendra ShahDirector
  • Stephen F. BetzExecutive Officer
Offering amount
$40M
Amount sold
$18M
Proceeds to insiders
$41.4K
First sale
Oct 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 11 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2018$1.9M
National Institutes of Health (NIH)National Institutes of HealthPhase II2017$2.8M
National Institutes of Health (NIH)National Institutes of HealthPhase I2017$299.5K
National Institutes of Health (NIH)National Institutes of HealthPhase I2017$297.4K
National Institutes of Health (NIH)National Institutes of HealthPhase II2015$1.5M
National Institutes of Health (NIH)National Institutes of HealthPhase I2015$326.1K
National Institutes of Health (NIH)National Institutes of HealthPhase I2014$224.1K
National Institutes of Health (NIH)National Institutes of HealthPhase II2013$2.2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2012$296.3K
National Institutes of Health (NIH)National Institutes of HealthPhase I2011$282.1K
National Institutes of Health (NIH)National Institutes of HealthPhase I2010$237.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Crinetics do?
Crinetics is a pharmaceutical company focused on discovering, developing, and commercializing therapies for endocrine diseases and endocrine-related conditions.
Who founded Crinetics?
Crinetics was founded by Richard Scott Struthers, Stephen F. Betz, Stephen Betz in 2008.
Who are Crinetics's investors?
Crinetics's investors include 5AM Ventures, Foresite Capital, OrbiMed, RA Capital, Vivo Capital.
How much funding has Crinetics raised?
Crinetics has disclosed $428M raised across 3 rounds.
Where is Crinetics headquartered?
Crinetics is headquartered in San Diego, US.