Fundraising Fox

OverT Bio

New York, US · Founded 2022 · Delaware corporation · 11 known investors

Overt Bio develops cell therapies that link genes to immune functions using genome-scale discovery platforms. The company builds programmable immunotherapies targeting cancer patients.

Also known as OverT · OverT Bio, Inc.

Founders & leadership

OverT Bio was founded in 2022 by Dr. Legut, Dr. Sanjana, Mateusz Legut, Neville Sanjana, and Mat Legut.

DL
Dr. LegutCo-Founder and CEO
DS
Dr. SanjanaCo-Founder
ML
Mateusz LegutCo-founder
NS
Neville SanjanaCo-founder
MLMat Legut
Mat LegutinFounder

Board

VBVasudev Bailey
Vasudev Baileyin𝕏Board directorGeneral Partner at Artis Ventures
SCSara Choi
Sara Choiin𝕏Board directorPartner at Wing

Investors · 11

Also in the syndicate · 3

Cancer Research InstituteFusion FundWing VClead

Funding

SEC filings, press & company announcements

$32M disclosed across 2 of 3 rounds · 2023–2024

$16MraisedMay 2024 · 15 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mateusz LegutExecutive Officer, Director
  • Vasudev BaileyDirector
  • Sara ChoiDirector
  • Neville SanjanaDirector
Offering amount
$17M
Amount sold
$16M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Company profile

researched Aug 2026

OverT Bio is a New York-based biotechnology company developing engineered cell therapies and biologics aimed at solid tumors. Its approach combines massively parallel, genome-scale genetic screening with AI-based models of protein function to identify genetic programs that improve T cell persistence and resistance to tumor immunosuppression, plus a high-throughput receptor and target discovery effort built on data from patient tumors. Discovered receptors are profiled with multimodal single-cell tools to assess both expression and tumor-killing function. The company states that its therapies use gamma delta T cells, which target tumors through innate and adaptive mechanisms and are suited to tissue infiltration, and that it is building a naturally allogeneic, off-the-shelf product intended to shorten time to treatment and lower cost.

The company describes proprietary pooled functional screening and synthetic genomics platforms named OverTarget and OverTCR, alongside massively parallel genetic screening, single-cell multi-omic and synthetic biology capabilities. Its disclosed pipeline includes OVT-101, a CLDN6-directed CAR-T with additional genetic programming for ovarian cancer, with first-in-human study anticipated in the first half of 2027, and OVT-201, a non-MHC T cell engager for solid tumors, with candidate nomination anticipated in the first half of 2027. The founding team has assembled an intellectual property portfolio covering multiple discovery platforms and preclinical assets, and its underlying research has been published in journals including Nature and The New England Journal of Medicine.

OverT Bio is headquartered at 430 E 29th St, New York, NY. It maintains an executive team, board of directors, and a scientific and clinical advisory board, and announced the formation of a clinical advisory board to support development of OVT-101 in March 2026.

Founding story

OverT Bio was founded in 2022 by immunologist and entrepreneur Dr. Mat Legut, who serves as co-founder and CEO, and Dr. Neville Sanjana, a faculty member at the New York Genome Center and NYU known for work in CRISPR and high-throughput functional genomics. Legut was previously a postdoctoral researcher in Sanjana's group. The company was established to pursue one-time, potentially curative cell therapies accessible to all cancer patients, building on the founders' research linking genes to immune cell functions.

Business model

OverT Bio is a preclinical-stage therapeutics developer, funding research and development through venture capital, grants and partnerships, with product candidates intended to reach the clinic beginning in 2027.

Traction

OverT Bio raised $16 million in seed funding disclosed at its May 2024 launch, received a $120,000 G-Rex Grant in November 2023, and formed a strategic collaboration with Nona Biosciences in October 2024. It has two disclosed pipeline programs, OVT-101 and OVT-201, both with milestones targeted for the first half of 2027.

Latest developments

OverT Bio announced the formation of a clinical advisory board in March 2026 to support clinical development of OVT-101 in ovarian cancer and other solid tumors, and in August 2026 reported a nomination for the 2026 Prix Galien USA in the Best Startup category. Its lead program OVT-101 is targeted for first-in-human study in the first half of 2027, with candidate nomination for OVT-201 anticipated in the same period.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company operates in cell therapy for solid tumors, a segment where clinical success has lagged behind hematologic cancers; at the time of its 2024 launch, coverage noted only one approved cell therapy for a solid tumor indication, Iovance's tumor-infiltrating lymphocyte therapy Amtagvi for advanced melanoma.

The company positions itself as the first to use patients' own immune responses to cancer to identify new receptors and targets applicable across the human population, combined with genome-wide screening to find genetic modifications that make cell therapies more durable. Investors cite receptor discovery and cell-behavior modification approaches distinct from incremental modifications of existing therapies. Additional stated differentiators include use of gamma delta T cells and a naturally allogeneic, off-the-shelf format.

Technology

Core technologies include genome-scale pooled functional screening in which every human gene is tested, AI-powered models of protein function, single-cell multi-omic profiling, and synthetic biology and synthetic genomics platforms branded OverTarget and OverTCR. The company engineers receptors informed by analysis of thousands of patient tumors and uses gamma delta T cells as the therapeutic cell platform, paired with scalable manufacturing intended to support allogeneic, off-the-shelf products.

Go-to-market

Patients with advanced solid tumors, initially ovarian cancer, treated via clinical development and, ultimately, oncology providers.

Geography

Headquartered in New York City (430 E 29th St, New York, NY 10016).

History

The company was founded in 2022 by Dr. Mat Legut and Dr. Neville Sanjana, with underlying research originating from work at the New York Genome Center and NYU. It received a $120,000 G-Rex Grant from ScaleReady in November 2023, emerged from stealth in May 2024 with a $16 million seed round, entered a strategic collaboration with Nona Biosciences in October 2024, announced formation of a clinical advisory board for OVT-101 in March 2026, and was nominated for the 2026 Prix Galien USA in the Best Startup category in August 2026.

Risks & controversies

The company's programs are preclinical, with first-in-human study of its lead candidate not anticipated until 2027, and it operates in a field where cell therapies have shown limited efficacy in solid tumors relative to blood cancers.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
OVT-101 first-in-human timing (anticipated)Jan 2025H1 2027
OVT-201 candidate nomination timing (anticipated)Jan 2025H1 2027
Pipeline programs disclosedJan 20252 programs
Total funding raisedMay 2024$16M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
Octant Bio6 shared keywordsOctant is a therapeutics company that develops small molecule drugs to treat protein misfolding diseases. Using synthetic biology, high-throughput chemistry, and AI/ML, the company's Navigator platform studies how target proteins interact within living human cells to enable drug discovery for rare diseases and oncology.
Applied Therapeutics6 shared keywordsApplied Therapeutics is a biopharmaceutical company developing novel drugs for rare diseases with high unmet medical need. Its Aldose Reductase Inhibitor franchise is in development across disease areas including Galactosemia and SORD Deficiency.
Adaptive Biotechnologies5 shared keywordsAdaptive Biotechnologies applies the genetics of the adaptive immune system to diagnostics and therapeutics, translating immune-system data into clinical insights for clinicians and biopharma companies. Its Immune Medicine Platform is used to detect, monitor, and treat disease.
Bolt Biotherapeutics5 shared keywordsBolt Biotherapeutics develops cancer immunotherapies that use the innate immune system to help the body recognize and eliminate tumor cells. Its Boltbody Immune-Stimulating Antibody Conjugate (ISAC) platform combines tumor-targeting antibodies with immune-stimulating payloads, with a lead candidate BDC-4182 targeting claudin 18.2 in Phase 1 trials for gastric and related cancers.</parameter> <parameter name="sector_codes">["biotech", "medtech", "healthtech"]
Unity Biotechnology4 shared keywordsUnity Biotechnology was a biotechnology company that is no longer operating. The page provides only wind-down contact information and does not describe the company's products or focus.
Radiant Biotherapeutics3 shared keywordsRadiant Biotherapeutics develops a platform of therapeutic molecules called Multabodies that engage multiple disease targets simultaneously within a single engineered protein to treat cancer and infectious diseases.
Legend Biotech3 shared keywordsLegend Biotech is a biotechnology company. The provided page content is an external-link disclaimer and contains no substantive information about the company's products or business.
BioT3 shared keywordsBioT provides cloud infrastructure for medical device companies to connect devices, manage clinical data, and deliver connected care, with built-in security and regulatory compliance (FDA, HIPAA, GDPR, MDR). Its no-code/low-code platform lets device makers add cloud services, build custom modules, and integrate with EHRs, CRMs, and third-party systems.

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

Timeline · 5

launches, deals, and filings
Aug 2026
Nominated for 2026 Prix Galien USA, Best Startup category

source ↗

Mar 2026
Formation of clinical advisory board for OVT-101

OverT Bio announced the formation of a clinical advisory board to support clinical development of OVT-101 in ovarian cancer and other solid tumors.

source ↗

Oct 2024
Strategic collaboration with Nona Biosciences

OverT Bio entered a strategic collaboration with Nona Biosciences, a biotechnology company offering 'Idea to IND' services, focused on developing next-generation therapies.

source ↗

May 2024
OverT Bio launches out of stealth with $16 million seed round

The company announced a $16 million seed financing co-led by ARTIS Ventures and Wing VC, to be used to expand its discovery platforms for solid tumor cell therapies.

$16M source ↗

Nov 2023
OverT Bio awarded $120,000 G-Rex Grant from ScaleReady

OverT Bio received a $120,000 G-Rex Grant from ScaleReady, in collaboration with Wilson Wolf Manufacturing, Bio-Techne Corporation and CellReady, to advance solid tumor cell therapy work.

$120K source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
OverT BioDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does OverT Bio do?
New York biotech developing off-the-shelf, genetically programmed T cell therapies and biologics for solid tumors.
Who founded OverT Bio?
OverT Bio was founded by Dr. Legut, Dr. Sanjana, Mateusz Legut, Neville Sanjana, Mat Legut in 2022.
Who are OverT Bio's investors?
OverT Bio's investors include Artis Ventures, Civilization Ventures Management, Llc, Fusion, HAWKTAIL, Wing, Alexandria, Gaingels, OMX Ventures.
How much funding has OverT Bio raised?
OverT Bio has disclosed $32M raised across 2 of its 3 known rounds.
Where is OverT Bio headquartered?
OverT Bio is headquartered in New York, US.