Steel Therapeutics: Funding, Investors & Team (Oct 2026)
Steel Therapeutics is an Iowa-based pharmaceutical company focused on increasing access to life-changing therapies that have a track record of efficacy from compounding pharmacies.
Steel Therapeutics has raised $4.2M across 3 funding rounds on record, the most recent an undisclosed round of $2.0M announced in Dec 2024.
That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Steel Therapeutics Company Profile and Key Stats
Latest funding round on record: Dec 2024.
Steel Therapeutics Funding Rounds
Steel Therapeutics raised $400k in an undisclosed round announced in Jun 2021.
10 months later, an undisclosed round of $1.8M was announced in Apr 2022.
2.7 years later, an undisclosed round of $2.0M was announced in Dec 2024.
Steel Therapeutics Founders and Leadership Team
Contact details for the Steel Therapeutics team: 1 of 2 have an email address on file.
Start 14-day free trial →Steel Therapeutics Funding Compared to Other Biotechnology Startups
Steel Therapeutics' latest round of $2.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Steel Therapeutics Funding FAQs
What does Steel Therapeutics do?
Steel Therapeutics is an Iowa-based pharmaceutical company focused on increasing access to life-changing therapies that have a track record of efficacy from compounding pharmacies.
How much funding has Steel Therapeutics raised?
Steel Therapeutics has raised $4.2M across 3 rounds on record. The most recent is an undisclosed round of $2.0M announced in Dec 2024.
When did Steel Therapeutics last raise funding?
Steel Therapeutics' most recent funding round on record is an undisclosed round of $2.0M, announced in Dec 2024.
Who founded Steel Therapeutics?
FundedIQ lists Matthew Stahl (Founder) at Steel Therapeutics.
Who is the CEO of Steel Therapeutics?
Matt Stahl is listed as CEO at Steel Therapeutics.
Where is Steel Therapeutics headquartered?
Steel Therapeutics is based in North Liberty, Iowa, United States.
How many employees does Steel Therapeutics have?
Steel Therapeutics is in the 1-10 employee band.
How does Steel Therapeutics' funding compare to other Biotechnology startups?
Steel Therapeutics' latest round of $2.0M is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.
About FundedIQ's Steel Therapeutics 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 Steel Therapeutics is left off this page rather than filled in.
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