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Diagonal Therapeutics logo — Diagonal Therapeutics leads in pioneering a fresh method for...

Diagonal Therapeutics

Diagonal Therapeutics leads in pioneering a fresh method for discovering and advancing agonist antibodies in biotechnology

Founded 2022 United States Watertown, United States 40 employees Series B Total: $253.00M Biotechnology

General Information

Company Name Diagonal Therapeutics
Founded Year 2022
Location United States Watertown, United States
Employees 40
Industries Biotechnology
Funding Stage Series B
Business Model B2B, B2B2B
Revenue Model Licensing, Product Sales, Project Based
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Board Appointment Oct 29, 2026

Jeremy Bender has joined Diagonal's Board of Directors as Chair.

Event Participation Oct 20, 2026

Diagonal Therapeutics served as a presenting sponsor of the 16th HHT International Scientific Conference.

About Diagonal Therapeutics

Diagonal Therapeutics is a pioneering biotechnology startup founded in 2022 in the United States. It focuses on developing a new class of clustering antibody medicines through its proprietary DIAGONAL platform. This innovative approach targets the root causes of severe genetic diseases, offering potential therapies that modify disease biology and provide lasting benefits for patients with limited treatment options.

The company's lead program, DIAG723, addresses hereditary hemorrhagic telangiectasia (HHT) and pulmonary arterial hypertension (PAH), conditions with significant unmet needs. Early models have shown promising results by targeting dysregulated signaling contributing to these vascular diseases.

Diagonal Therapeutics recently secured a $125.00M Series B investment from a notable consortium of investors including Lightspeed Venture Partners, Atlas Venture, RA Capital Management, and Sanofi Ventures, among others. This financial backing supports its growing clinical pipeline, aiming to move beyond symptom relief to disease modification in challenging genetic conditions.

Business keywords: Clustering Antibody Medicines, Genetic Diseases, DIAGONAL Platform, Hereditary Hemorrhagic Telangiectasia (HHT), Pulmonary Arterial Hypertension (PAH), Disease Modification, Bispecific Antibodies, Cell Signaling Restoration, Vascular Diseases, Drug Discovery, Agonist Antibodies, Early Stage Development, Rare Disease Treatment, Innovative Therapeutics

Services & Products

Development of clustering antibodies
Disease-modifying treatments
Innovative antibody therapies
Computational and experimental antibody design

Target Customers

Patients with genetic diseases Healthcare providers Pharmaceutical and biotechnology companies Research institutions

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $125.00M 18
Lightspeed Venture Partners, Atlas Venture +16
01 Jan 2026
Series A $128.00M 8
Lightspeed Venture Partners, Atlas Venture +6
01 Apr 2024

Diagonal Therapeutics Alternatives & Competitors

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FAQ About Diagonal Therapeutics

Diagonal Therapeutics leads in pioneering a fresh method for discovering and advancing agonist antibodies in biotechnology
Diagonal Therapeutics was founded in 2022.
Diagonal Therapeutics is headquartered in Watertown, United States.
Diagonal Therapeutics operates in Biotechnology. Its work centres on Clustering Antibody Medicines, Genetic Diseases, DIAGONAL Platform and Hereditary Hemorrhagic Telangiectasia (HHT). Its customers include Patients with genetic diseases, Healthcare providers and Pharmaceutical and biotechnology companies.
Diagonal Therapeutics has a B2B and B2B2B business model. Its revenue comes from Licensing, Product Sales and Project Based.
Diagonal Therapeutics has approximately 40 employees.
Diagonal Therapeutics has completed 2 funding rounds, raising a total of $253.00M. The latest funding stage is Series B.
Diagonal Therapeutics offers: Development of clustering antibodies, Disease-modifying treatments, Innovative antibody therapies, Computational and experimental antibody design.
Top alternatives and competitors to Diagonal Therapeutics include Genmab, Xencor, MORPHOGEN-IX LIMITED, F-star Therapeutics, BioLum Sciences. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Diagonal Therapeutics and Genmab are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Diagonal Therapeutics, https://bouncewatch.com/company/diagonal-therapeutics, updated 5 November 2026. When citing, please name BounceWatch and link this page.

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