Thetis Pharmaceuticals LLC
Southport, US · Founded 2011 · Connecticut LLC · 2 known investors
Thetis is a clinical-stage pharmaceutical company developing TP-317, an oral Resolvin E1 drug that activates the BLT1 receptor to restore tissue and immune balance. It is being developed for inflammatory bowel disease, including ulcerative colitis, and solid tumors.
Founders & leadership
Thetis Pharmaceuticals LLC was founded in 2011 by Frank C Sciavolino and Gary Mathias.


Board
Investors · 2
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$7.4M disclosed across 4 of 5 rounds · 2016–2025
▶$1.1MraisedJul 2022 · 9 investors · PharmaceuticalsRule 506(b)
- Gary MathiasExecutive Officer, Director
- Frank C. SciavolinoDirector
- Walter OgierDirector
- Cynthia GreenDirector
- Dennis F. WillsonDirector
- Offering amount
- $2M
- Amount sold
- $1.1M
- Minimum investment
- $10K
- First sale
- Jun 2022
- Incorporated
- Limited Liability Company, Connecticut
- Federal exemptions
- 06b
▶$795.8KraisedAug 2018 · 8 investors · PharmaceuticalsRule 506(b)
- David M WurzerDirector
- Frank C SciavolinoExecutive Officer, Director
- Dennis F WillsonDirector
- Gary MathiasExecutive Officer, Director
- Walter OgierDirector
- Offering amount
- $2.1M
- Amount sold
- $795.8K
- First sale
- Aug 2018
- Incorporated
- Limited Liability Company, Connecticut
- Federal exemptions
- 06b
▶$4.1MraisedJan 2017 · 52 investors · PharmaceuticalsRule 506(b)
- Dennis F WillsonDirector
- David M WurzerDirector
- Gary F MathiasExecutive Officer, Director
- Frank C SciavolinoExecutive Officer, Director
- Walter OgierDirector
- Offering amount
- $8M
- Amount sold
- $4.1M
- Sales commissions
- $200K
- Placement agents
- Fairport Capital, Inc.
- First sale
- Jun 2016
- Incorporated
- Limited Liability Company, Connecticut
- Federal exemptions
- 06b
▶$1.4MraisedFeb 2016 · 16 investors · PharmaceuticalsRule 506(b)
- Gary F MathiasExecutive Officer, Director
- Dennis WillsonDirector
- David M WurzerDirector
- Frank C SciavolinoDirector
- Alan MendelsonDirector
- Offering amount
- $4M
- Amount sold
- $1.4M
- First sale
- Jan 2016
- Incorporated
- Limited Liability Company, Connecticut, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapCompanies competing with Thetis Pharmaceuticals LLC for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 10 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2023 | $997.6K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2023 | $398.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2021 | $299.6K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2020 | $2M |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2019 | $1.7M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2019 | $295.6K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2019 | $293.7K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2018 | $2M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2018 | $205.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2017 | $206K |
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 Thetis Pharmaceuticals LLC do?
- Thetis is a clinical-stage pharmaceutical company developing TP-317, an oral Resolvin E1 drug that activates the BLT1 receptor to restore tissue and immune balance. It is being developed for inflammatory bowel disease, including ulcerative colitis, and solid tumors.
- Who founded Thetis Pharmaceuticals LLC?
- Thetis Pharmaceuticals LLC was founded by Frank C Sciavolino, Gary Mathias in 2011.
- Who are Thetis Pharmaceuticals LLC's investors?
- Thetis Pharmaceuticals LLC's investors include Connecticut Innovations.
- How much funding has Thetis Pharmaceuticals LLC raised?
- Thetis Pharmaceuticals LLC has disclosed $7.4M raised across 4 of its 5 known rounds.
- Where is Thetis Pharmaceuticals LLC headquartered?
- Thetis Pharmaceuticals LLC is headquartered in Southport, US.

