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Crinetics Pharmaceuticals
NASDAQ: CRNXSan Diego, US · Founded 2008 · 641 employees on LinkedIn · 5 known investors
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Crinetics is a pharmaceutical company focused on discovering, developing, and commercializing therapies for endocrine diseases and endocrine-related conditions.
Founders & leadership
Crinetics Pharmaceuticals was founded in 2008 by Richard Scott Struthers and Stephen Betz.
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Richard Scott StruthersCo-founder
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Stephen BetzCo-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.
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R. Scott StruthersFounder, 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.
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Tobin SchilkeChief 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.
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Isabel KalofonosChief 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.
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YunFei ZhuNamed on SEC filing
Board
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Steve KaldorBoard director
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Wendell WierengaBoard director
Investors · 5
5AM Ventureslisted by 5AM VenturesSan Francisco · $100K – $4M
How we know: 5AM Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
Foresite Capitallisted by Foresite CapitalWest Hollywood
How we know: Foresite Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
OrbiMedlisted by OrbiMedNew York · $1M – $75M
How we know: OrbiMed's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
Vivo CapitalreportedPalo Alto · $10M – $50Mvia Jack Nielsen · board
How we know: a partner's Signal profile · board seat on SEC Form D · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$428M disclosed across 3 rounds · 2015–2024
▶$350MraisedMar 2024 · 36 investors · BiotechnologyRule 506(b)
▶$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
▶$60MraisedFeb 2018 · 12 investors · PharmaceuticalsRule 506(b)
▶$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
▶$18MraisedNov 2015 · 8 investors · PharmaceuticalsRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Crinetics Pharmaceuticals went on to found or lead other companies.
Non-dilutive funding · 11 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2018 | $1.9M |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2017 | $2.8M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2017 | $299.5K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2017 | $297.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2015 | $1.5M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2015 | $326.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2014 | $224.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2013 | $2.2M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2012 | $296.3K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2011 | $282.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2010 | $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.
Frequently asked questions
- What does Crinetics Pharmaceuticals do?
- Crinetics is a pharmaceutical company focused on discovering, developing, and commercializing therapies for endocrine diseases and endocrine-related conditions.
- Who founded Crinetics Pharmaceuticals?
- Crinetics Pharmaceuticals was founded by Richard Scott Struthers, Stephen Betz in 2008.
- Who are Crinetics Pharmaceuticals's investors?
- Crinetics Pharmaceuticals's investors include 5AM Ventures, Foresite Capital, OrbiMed, RA Capital, Vivo Capital.
- How much funding has Crinetics Pharmaceuticals raised?
- Crinetics Pharmaceuticals has disclosed $428M raised across 3 rounds.
- Where is Crinetics Pharmaceuticals headquartered?
- Crinetics Pharmaceuticals is headquartered in San Diego, US.