Company intelligence

Latigo Biotherapeutics

Latigo Biotherapeutics develops non-opioid Nav1.8 pain medicines led by candidate LTG-001; it went public on Nasdaq in August 2026 raising $345.6M, about two and a half years after emerging from stealth with a $135M Series A.

BiotechPublic · LTGOThousand Oaks, California, USAFounded 2018Public companyWebsite ↗
Last verified Sep 9, 2026

Key Metrics

Market cap
~$1.39B (Sept 2026)
As of Sep 2026EstimatedValue Add Pulse research
Total funding
$135M Series A + $150M Series B + $345.6M IPO
As of Sep 9, 2026Value Add Pulse research

Company Snapshot

Latigo Biotherapeutics is a Biotech company, based in Thousand Oaks, California, USA, founded 2018. Market cap ~$1.39B (Sept 2026) (As of Sep 2026, Value Add Pulse research). Total funding $135M Series A + $150M Series B + $345.6M IPO (As of Sep 9, 2026).

Recent changes

  1. Sep 2026First reported market cap: ~$1.39B (Sept 2026)Estimated Value Add Pulse enrichment
  2. Aug 7, 2026IPO $345.6M Bloomberg
  3. Aug 7, 2026Latigo Biotherapeutics Jumps 17% in $345.6M IPO Pulse story
  4. Aug 2026First reported total funding: $321.5M (pre-IPO) BioXconomy
  5. Jan 2025Raised $150M Series B Value Add Pulse enrichment
Earlier changes (2)
  1. Feb 14, 2024Raised $135M Series A PR Newswire
  2. Feb 14, 2024New investor: Westlake Village BioPartners PR Newswire

Funding History

3 events · sources dated per row
DateEventAmountValuationInvestorsSource
Aug 7, 2026IPO$345.6M
Pulse story
Jan 1, 2025Series B$150M
Value Add Pulse research
Feb 14, 2024Series A$135M
outlined = lead
PR Newswire

Investors

Latest Pulse

  1. Biotech IPO Window Closes Its Strongest Week Since SpringBlossomHill and Latigo Biotherapeutics both closed upsized IPOs by August 10, capping a four-deal stretch that also included Braveheart Bio and Attovia Therapeutics pricing above or near the top of their ranges.
  2. Latigo Biotherapeutics Jumps 17% in $345.6M IPOLatigo Biotherapeutics priced its upsized IPO at $18 a share for $345.6 million and jumped 17% in its Nasdaq debut, the third biotech offering in two weeks to price above range.
  3. Attovia Prices IPO as Biotech's Public Pipeline Fills OutAttovia Therapeutics priced its Nasdaq IPO at $17 a share while Latigo Biotherapeutics advances its own S-1, the latest signs that the biotech listing window is filling with genuine clinical-stage pipelines.
  4. Latigo Sets Terms for a $272M Nasdaq IPOLatigo Biotherapeutics set terms for a $272M Nasdaq IPO under ticker LTGO, pricing 16M shares at $16-18 to fund late-stage trials of its non-opioid Nav1.8 pain drug, a rival to Vertex's Journax.
  5. Blue Owl-Backed Latigo Advances Nasdaq IPO PlansLatigo Biotherapeutics filed an amended S-1 this week, advancing its Nasdaq IPO to fund a pivotal Phase 3 trial for its non-opioid pain drug ahead of the trial itself starting.

Coverage Timeline

newest first
  1. IPOBiotech IPO Window Closes Its Strongest Week Since Spring
  2. IPOLatigo Biotherapeutics Jumps 17% in $345.6M IPO
  3. IPOAttovia Prices IPO as Biotech's Public Pipeline Fills Out
  4. IPOLatigo Sets Terms for a $272M Nasdaq IPO
  5. IPOBlue Owl-Backed Latigo Advances Nasdaq IPO Plans

All Coverage

IPO

Biotech IPO Window Closes Its Strongest Week Since Spring

IPO

Latigo Biotherapeutics Jumps 17% in $345.6M IPO

IPO

Attovia Prices IPO as Biotech's Public Pipeline Fills Out

IPO

Latigo Sets Terms for a $272M Nasdaq IPO

IPO

Blue Owl-Backed Latigo Advances Nasdaq IPO Plans

Related Companies

Sources & methodologyshow
Where these figures come from
  • PR Newswireprimary source1 fact
  • Bloombergmajor outlet1 fact
  • Value Add Pulse researchValue Add VC data3 facts

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction