Erasca
NASDAQ: ERASSan Diego, US · Founded 2018 · Delaware corporation · 115 employees on LinkedIn · Public · 7 known investors
Erasca is a clinical-stage oncology company developing therapies targeting RAS- and MAPK pathway-driven cancers using a modality-agnostic approach including small molecules, large molecules, and protein degraders.
Also known as Erasca, Inc.
Founders & leadership
Erasca was founded in 2018 by Jonathan E. Lim, M.D..
Board
Investors · 7
Funding
SEC filings, press & company announcements$699.7M disclosed across 3 of 4 rounds · 2018–2026
- $516MraisedJul 2026 · 2 sourcesSource ↗
▶$125.4MraisedApr 2020 · 46 investors · BiotechnologyRule 506(b)
- Pratik S. Multani, M.D.Director
- Jonathan E. Lim, M.D.Director
- Valerie Harding-StartDirector
- Alexander W. CasdinDirector
- James A. Bristol, Ph.D.Director
- Jonathan E. Lim, M.D.Executive Officer, Director
- Offering amount
- $374.5M
- Amount sold
- $125.4M
- First sale
- Apr 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$58.3MraisedMar 2019 · 41 investors · BiotechnologyRule 506(b)
- Pratik S. Multani, M.D.Director
- Valerie Harding-StartDirector
- Jonathan E. Lim, M.D.Executive Officer, Director
- Gary Yeung, CFAExecutive Officer
- Alexander W. CasdinDirector
- James A. Bristol, Ph.D.Director
- Offering amount
- $70M
- Amount sold
- $58.3M
- First sale
- Oct 2018
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Erasca, Inc. is a San Diego-based clinical-stage precision oncology company whose stated mission is to "erase cancer." The company focuses on the RAS/MAPK signaling cascade, which it describes as one of cancer's most commonly mutated pathways, affecting approximately 5.5 million people each year worldwide. Its pipeline is described as modality-agnostic and designed to target the pathway at multiple nodes, and the company's science pages reference a "MAPKlamp" approach alongside its RAS/MAPK pathway work [0][1][7].
As of a May 2022 interview, Erasca said it was researching and developing 11 precision oncology programs and characterized its portfolio as the deepest RAS/MAPK pathway-focused pipeline in the industry. Lead clinical programs at that time were ERAS-007, an ERK inhibitor, and ERAS-601, a SHP2 inhibitor, evaluated as monotherapy and in combinations through trials including HERKULES-2 (combinations with the KRAS G12C inhibitor sotorasib in non-small cell lung cancer), HERKULES-3 and FLAGSHP-1 in gastrointestinal cancers [7]. Earlier in its history, Erasca also described building an internal artificial intelligence drug discovery platform called OPRA (Oncology Pattern Recognition Algorithm) intended to analyze large-scale datasets to prioritize discovery strategies [4].
The company operates two related entities: Erasca Ventures, a wholly owned subsidiary established in March 2021 to make equity investments in early-stage biotechnology companies aligned with its mission, and the Erasca Foundation, a 501(c)(3) private foundation established in May 2021 and funded with 1,093,557 shares of common stock (then about 1% of capital stock) in conjunction with the IPO [2][3].
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 2
by search overlapCompanies competing with Erasca for the same Google search keywords, organic and paid, via search-intersection analysis.
Legal entities · 1
corporate structureIn the news
Erasca Raises $550M for RAS-Targeting Cancer Pipelineallsci.com · Jul 2026
Erasca (Nasdaq: ERAS) raises $516M net in July stock salestocktitan.net · Jul 2026▸Research sources · 8
primary sources listed
- Erascaerasca.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Erasca do?
- Clinical-stage precision oncology company developing therapies that target the RAS/MAPK pathway across multiple modalities.
- Who founded Erasca?
- Erasca was founded by Jonathan E. Lim, M.D. in 2018.
- Who are Erasca's investors?
- Erasca's investors include Andreessen Horowitz, ARCH Venture Partners, Evolution VC Partners, Frazier Life Sciences, City Hill Ventures, Colt Ventures, LifeSci Venture Partners.
- How much funding has Erasca raised?
- Erasca has disclosed $699.7M raised across 3 of its 4 known rounds.
- Is Erasca publicly traded?
- Yes — Erasca trades on NASDAQ under the ticker ERAS.
- Where is Erasca headquartered?
- Erasca is headquartered in San Diego, US.

