Triplet Therapeutics
Triplet Therapeutics is a Cambridge, MA-based clinical-stage biotechnology company founded in 2019 that develops therapies targeting repeat expansion disorders at their genetic source, with $59M raised from Pfizer Ventures and other top-tier life-science investors.
- Company typePrivate
- Founded2009
- HeadquartersCambridge, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Triplet Therapeutics does
Triplet Therapeutics is a clinical-stage biotechnology company founded in 2019 and headquartered in Cambridge, Massachusetts. The company is developing therapies that target repeat expansion disorders — the class of genetic diseases caused by expanded trinucleotide repeats in DNA — at their genetic source rather than at the downstream symptomatic level. Its therapeutic platform is oriented toward neurodegenerative and neurological conditions associated with CAG repeat expansions, a category that includes Huntington's disease and several related rare neurological indications.
The company is led by founder Nessan Bermingham (currently Executive Chairman, formerly CEO) and Chief Scientific Officer Alan J. Buckler. With 11–50 employees, Triplet operates as a focused, science-driven private organization. Its business model is the conventional biotech model: advance proprietary therapeutic candidates through preclinical and clinical development, with the long-term value realization pathway being outlicensing, strategic partnership, or potential acquisition by a larger pharmaceutical company.
Triplet has raised an aggregate of $59 million in equity capital within its first year of operation, including a $10 million seed/Series A led by Atlas Venture in January 2019 and a $49 million Series B in December 2019 co-led by MPM Capital and Pfizer Venture Investments, with additional participation from Alexandria Venture Investments, Atlas Venture, Invus, and Partners Innovation Fund. The presence of a major pharmaceutical venture investor alongside top-tier life-sciences specialists provides both capital and implicit industry validation of the platform's scientific and commercial premise.
Triplet Therapeutics firmographics
Firmographics- Name
- Triplet Therapeutics
- Legal name
- triplettx.com
- Website
- https://triplettx.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Triplet Therapeutics is a Cambridge, MA-based clinical-stage biotechnology company founded in 2019 that develops therapies targeting repeat expansion disorders at their genetic source, with $59M raised from Pfizer Ventures and other top-tier life-science investors.
- Ownership category
- akta.pro rank
Triplet Therapeutics industry classification
Industry- Product category
- Genetic Therapeutics
- NAICS
- Research and Development in Biotechnology (except Nanobiotechnology) (541714)
- SIC
- Biological Products, (No Disgnostic Substances) (2836)
- akta.pro primary industry
- Genetic & Genomic Rare Disease Therapeutics (HLAIAIAA)
Keywords
Where Triplet Therapeutics is headquartered
LocationHeadquarters
- HQ city
- Cambridge
- HQ country
- United States
- HQ region
- North America
Markets served
Triplet Therapeutics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Others
Revenue model
- Sports betting commission: Revenue generated from sports betting margins. The platform takes a commission through odds pricing (margins vary by tournament and event importance).
- Casino games and slots: Revenue from online casino games including slots from providers like Play'n GO, Pragmatic Play, and NetEnt. Includes house edge on games.
- Live casino: Revenue from live dealer casino games with real-time streaming.
- Crypto transactions: Processing fees and spreads on cryptocurrency deposits and withdrawals using BybitPay and direct crypto transfers.
- Bonus wagering requirements: Revenue generated from bonus funds that are not successfully wagered according to terms (60x for casino, 5x for sports).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard platform access with commission-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Triplet Therapeutics product offering
Product offeringCore offering
Triplet Therapeutics is a clinical-stage biotechnology company developing nucleic acid-based therapeutics that treat repeat expansion disorders at their genetic source. The company focuses on conditions caused by expanded DNA repeat sequences, with the goal of suppressing toxic gene products underlying diseases such as Huntington's disease. Triplet is building a pipeline of disease-modifying therapies targeting the root genetic cause of repeat expansion disorders.
Differentiator
Problem solved
Functional benefit
Products and services
- Repeat expansion disorder therapies
Quantifiable outcome
- Express boost up to 1.2x on accumulators with 4+ events
- +3 more outcomes
Companies that use Triplet Therapeutics
Customer profileSegments2 records
Ideal customer profiles2 records
Triplet Therapeutics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Triplet Therapeutics partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Sports Ambassadors (Football and Cricket)coreMostbet partners with sports ambassadors from football and cricket to promote the brand internationally. These partnerships help expand brand presence in key markets through athlete endorsements.
- Local Kazakhstani Sports FiguresminorRegional brand promotion through partnerships with local sports personalities in Kazakhstan for targeted marketing campaigns.
- Game Providers (Play'n GO, Pragmatic Play, NetEnt, 3 Oaks Gaming)coreIntegration with major casino game providers including Play'n GO, Pragmatic Play, NetEnt, and 3 Oaks Gaming for slot content. Games include titles like Book of Dead, Gates of Olympus, Gonzo's Quest, and 3 Coins: Egypt.
- BybitPaycoreCryptocurrency payment processing through BybitPay enabling deposits starting from 1000 KZT equivalent in crypto.
- Kaspi BankcorePayment integration with Kaspi Bank for Kazakhstani users, enabling deposits from 1000 KZT via bank transfer and Kaspi Pay.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
Triplet Therapeutics competitors and assessment
Company assessmentDirect peers
- Wave Life Sciences: Clinical-stage oligonucleotide therapeutics company developing allele-selective and silencing ASOs for Huntington's disease, myotonic dystrophy type 1, and other repeat expansion disorders—directly competing with Triplet's stated mechanism and indication focus.
- uniQure: Gene therapy company advancing AMT-130, an AAV-based therapy for Huntington's disease, representing a competing disease-modifying approach to repeat expansion disorders and a direct indication overlap with Triplet's lead programs.
- Regulus Therapeutics: MicroRNA-targeted therapeutics company developing RGLS8426 for repeat expansion disorders including ADPKD and CNS indications, with a comparable nucleic-acid / oligonucleotide-based mechanism targeting rare genetic diseases.
Broad incumbents
- Ionis Pharmaceuticals: Established antisense oligonucleotide platform company that co-developed tominersen with Roche for Huntington's disease; its broader ASO pipeline and platform licensing model position it as both a competitor and a potential partner relative to Triplet's nucleic-acid approach.
- Alnylam Pharmaceuticals: RNAi therapeutics leader with a broad nucleic-acid platform that has validated rare genetic disease development, manufacturing, and commercialization at scale—relevant comparator for Triplet's modality and target indication profile.
- Sage Therapeutics: CNS-focused biopharma commercializing rare neurological disease therapies; relevant comparator for CNS orphan drug development, regulatory navigation, and partnership dynamics in Triplet's disease space.
- Denali Therapeutics: Clinical-stage biopharma developing therapeutics for neurodegenerative diseases with a focus on genetic and rare CNS indications; broadly comparable as a larger, well-capitalized player in Triplet's disease space.
Emerging players
- Solid Biosciences: Genetic medicine company developing AAV gene therapies for rare neuromuscular and CNS indications; comparable as a small-cap rare disease gene therapy platform at similar stage of clinical translation.
- Passage Bio: Clinical-stage AAV gene therapy company focused on rare monogenic CNS diseases, including programs overlapping with repeat expansion and other neurodegenerative indications relevant to Triplet's pipeline.
- Lexeo Therapeutics: Clinical-stage gene therapy company targeting CNS and rare genetic diseases, including neurodegenerative indications, with a comparable platform modality and similar stage of development to Triplet.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Triplet Therapeutics social profiles
Digital presenceTriplet Therapeutics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Triplet Therapeutics leadership team
Management profileNumber of profiles
Profiles2 records
Triplet Therapeutics funding detail
Funding detailFunding overview
Funding rounds2 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Triplet Therapeutics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Triplet Therapeutics
What does Triplet Therapeutics do?
Triplet Therapeutics is a clinical-stage biotechnology company developing nucleic acid-based therapeutics that treat repeat expansion disorders at their genetic source. The company focuses on conditions caused by expanded DNA repeat sequences, with the goal of suppressing toxic gene products underlying diseases such as Huntington's disease. Triplet is building a pipeline of disease-modifying therapies targeting the root genetic cause of repeat expansion disorders.
Is Triplet Therapeutics a public or private company?
Triplet Therapeutics is a private company. It is classified as venture growth investor backed and is currently operating.
When was Triplet Therapeutics founded?
Triplet Therapeutics was founded in 2009. It employs 11 to 50 people.
Where is Triplet Therapeutics based?
Triplet Therapeutics is headquartered in Cambridge, United States, in the North America region.
How does Triplet Therapeutics make money?
Five revenue lines are on record. Sports betting commission is the primary driver. The others are casino games and slots, live casino, crypto transactions and bonus wagering requirements.
Who are Triplet Therapeutics's main competitors?
Direct peers on record are Wave Life Sciences, uniQure and Regulus Therapeutics. Broad incumbents are Ionis Pharmaceuticals, Alnylam Pharmaceuticals, Sage Therapeutics and Denali Therapeutics. Emerging players are Solid Biosciences, Passage Bio and Lexeo Therapeutics.
Does Triplet Therapeutics have an API?
No public API is recorded for Triplet Therapeutics.
What industry is Triplet Therapeutics in?
Triplet Therapeutics's product category is Genetic Therapeutics. Its primary akta.pro industry code is HLAIAIAA, Genetic & Genomic Rare Disease Therapeutics. Its NAICS code is 541714 and its SIC code is 2836.