FundedIQ
Biotechnology

Deciphera Pharmaceuticals: Funding, Investors & Team (Sep 2026)

Deciphera was established in 2003 based on a deep scientific understanding of kinase inhibitors and a team dedicated to developing sophisticated approaches to therapeutic targeting of kinases. With business and development operations based in Boston, and dedicated research capabilities in close proximity to the University of Kansas, Deciphera has identified small molecule leads for over 50 kinase targets, and has developed a pipeline of small molecule drug candidates for a range of cancers.

www.deciphera.com LinkedIn Waltham, United States 251-500 employees
Biotechnology Health Care Medical Pharmaceutical Therapeutics
Total raised
$275M
Rounds
2
Latest
Undisclosed round
Jan 2023

Deciphera Pharmaceuticals has raised $275M across 2 funding rounds on record, the most recent an undisclosed round of $125M announced in Jan 2023.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Deciphera Pharmaceuticals Company Profile and Key Stats

Total funding raised
$275M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$125M in Jan 2023
Employees
251-500
reported band
Headquarters
Waltham, United States

Latest funding round on record: Jan 2023.

Deciphera Pharmaceuticals Funding Rounds

Date
Round
Amount
Undisclosed round
$125M
Post-IPO Equity
$150M

Deciphera Pharmaceuticals raised $150M in a Post-IPO Equity announced in Apr 2022.

9 months later, an undisclosed round of $125M was announced in Jan 2023.

Deciphera Pharmaceuticals Founders and Leadership Team

Name
Role
Contact
Steve Hoerter
CEO
Locked
Steven Hoerter
CEO
Locked

Contact details for the Deciphera Pharmaceuticals team: 2 of 2 have an email address on file.

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Deciphera Pharmaceuticals Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,182
$8.0M
29,795
$7.5M

Deciphera Pharmaceuticals' latest round of $125M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Deciphera Pharmaceuticals Funding FAQs

What does Deciphera Pharmaceuticals do?

Deciphera was established in 2003 based on a deep scientific understanding of kinase inhibitors and a team dedicated to developing sophisticated approaches to therapeutic targeting of kinases. With business and development operations based in Boston, and dedicated research capabilities in close proximity to the University of Kansas, Deciphera has identified small molecule leads for over 50 kinase targets, and has developed a pipeline of small molecule drug candidates for a range of cancers.

How much funding has Deciphera Pharmaceuticals raised?

Deciphera Pharmaceuticals has raised $275M across 2 rounds on record. The most recent is an undisclosed round of $125M announced in Jan 2023.

When did Deciphera Pharmaceuticals last raise funding?

Deciphera Pharmaceuticals' most recent funding round on record is an undisclosed round of $125M, announced in Jan 2023.

Who is the CEO of Deciphera Pharmaceuticals?

Steve Hoerter is listed as CEO at Deciphera Pharmaceuticals.

Where is Deciphera Pharmaceuticals headquartered?

Deciphera Pharmaceuticals is based in Waltham, Massachusetts, United States.

How many employees does Deciphera Pharmaceuticals have?

Deciphera Pharmaceuticals is in the 251-500 employee band.

How does Deciphera Pharmaceuticals' funding compare to other Biotechnology startups?

Deciphera Pharmaceuticals' latest round of $125M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,182 tracked companies over the last two years.

About FundedIQ's Deciphera Pharmaceuticals Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Deciphera Pharmaceuticals is left off this page rather than filled in.

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