FundedIQ
Health Care

Dracen Pharmaceuticals: Funding, Investors & Team (Oct 2026)

Dracen Pharmaceuticals is a developer of novel glutamine antagonists created to deliver improved outcomes for cancer patients and potentially extend the benefits of immuno-oncology therapies. The company develops novel glutamine antagonists with direct anti-tumor apoptotoc properties as well as endogenous anti-tumor immune modulatory mechanisms which increases the number of responders to anti-cancer therapy and extend survival for anti-tumor responses in areas currently evading immuno-oncology approaches.

www.dracenpharma.com LinkedIn Baltimore, United States 251-500 employees
Health Care Pharmaceutical
Total raised
$10.9M
Rounds
2
Latest
Undisclosed round
Aug 2023

Dracen Pharmaceuticals has raised $10.9M across 2 funding rounds on record, the most recent an undisclosed round of $2.3M announced in Aug 2023.

That round is below the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.

Dracen Pharmaceuticals Company Profile and Key Stats

Total funding raised
$10.9M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$2.3M in Aug 2023
Employees
251-500
reported band
Headquarters
Baltimore, United States

Latest funding round on record: Aug 2023.

Dracen Pharmaceuticals Funding Rounds

Date
Round
Amount
Undisclosed round
$2.3M
Undisclosed round
$8.6M

Dracen Pharmaceuticals raised $8.6M in an undisclosed round announced in Nov 2021.

1.8 years later, an undisclosed round of $2.3M was announced in Aug 2023.

Dracen Pharmaceuticals Founders and Leadership Team

Name
Role
Contact
Tom Estok
CEO
Locked

Contact details for the Dracen Pharmaceuticals team: 1 of 1 has an email address on file.

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Dracen Pharmaceuticals Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,659
$4.9M
30,234
$7.6M

Dracen Pharmaceuticals' latest round of $2.3M is below the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Dracen Pharmaceuticals Funding FAQs

What does Dracen Pharmaceuticals do?

Dracen Pharmaceuticals is a developer of novel glutamine antagonists created to deliver improved outcomes for cancer patients and potentially extend the benefits of immuno-oncology therapies. The company develops novel glutamine antagonists with direct anti-tumor apoptotoc properties as well as endogenous anti-tumor immune modulatory mechanisms which increases the number of responders to anti-cancer therapy and extend survival for anti-tumor responses in areas currently evading immuno-oncology approaches.

How much funding has Dracen Pharmaceuticals raised?

Dracen Pharmaceuticals has raised $10.9M across 2 rounds on record. The most recent is an undisclosed round of $2.3M announced in Aug 2023.

When did Dracen Pharmaceuticals last raise funding?

Dracen Pharmaceuticals' most recent funding round on record is an undisclosed round of $2.3M, announced in Aug 2023.

Who is the CEO of Dracen Pharmaceuticals?

Tom Estok is listed as CEO at Dracen Pharmaceuticals.

Where is Dracen Pharmaceuticals headquartered?

Dracen Pharmaceuticals is based in Baltimore, Maryland, United States.

How many employees does Dracen Pharmaceuticals have?

Dracen Pharmaceuticals is in the 251-500 employee band.

How does Dracen Pharmaceuticals' funding compare to other Health Care startups?

Dracen Pharmaceuticals' latest round of $2.3M is below the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.

About FundedIQ's Dracen 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 Dracen Pharmaceuticals is left off this page rather than filled in.

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