Fundraising Fox

Evecxia

Research Triangle Park, US · Delaware corporation · 2 known investors

Evecxia Therapeutics develops 5-HTP-based drugs using proprietary drug delivery technologies designed to increase brain serotonin production as adjunctive treatments for depression and other mental disorders. Its therapies target patients with disabling mental illness not adequately treated by existing antidepressants such as SSRIs and SNRIs.

Also known as Evecxia Therapeutics

Founders & leadership

MCMarc Caron
Marc CaronCo-founder
MC
Marc Caron, PhDFounder
JJ
Jacob Jacobsen, PhDCo-Founder & Chief Executive Officer
JJ
Jacob JacobsenExecutive
DZ
David ZaccardelliNamed on SEC filing
RJ
Roger JeffsNamed on SEC filing

Board

CR
Craig Robert SincockBoard director
EE
Elliot EhrichBoard director
AS
Allan ShawBoard director
JK
John KaiserBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$23.1M disclosed across 5 rounds · 2018–2025

$4.6MraisedSep 2025 · 97 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jacob JacobsenExecutive Officer, Director
  • Elliot EhrichDirector
  • Allan ShawDirector
  • John KaiserDirector
  • Craig Robert SincockDirector
Offering amount
$8M
Amount sold
$4.6M
Sales commissions
$329K
Placement agents
Stonehaven LLC
First sale
Sep 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.4MraisedSep 2023 · 76 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jacob JacobsenExecutive Officer, Director
  • John KaiserExecutive Officer, Director
Offering amount
$8M
Amount sold
$2.4M
Sales commissions
$195K
Placement agents
Stonehaven LLC
First sale
Aug 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.6MraisedAug 2021 · 75 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • David ZaccardelliDirector
  • Thomas AasenDirector
  • John KaiserExecutive Officer, Director
  • Jacob JacobsenExecutive Officer, Director
Offering amount
$35M
Amount sold
$8.6M
Sales commissions
$523.4K
Placement agents
Stonehaven LLC
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.4MraisedSep 2020 · 91 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • John KaiserExecutive Officer, Director
  • David ZaccardelliDirector
  • Jacob JacobsenExecutive Officer, Director
  • Marc CaronExecutive Officer, Director
  • Roger JeffsDirector
Offering amount
$8.5M
Amount sold
$7.4M
Sales commissions
$506.1K
Placement agents
CIM Securities, LLC
First sale
Sep 2019
Incorporated
Corporation, North Carolina
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$50KraisedApr 2018 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • David ZaccardelliDirector
  • Roger JeffsDirector
  • John KaiserExecutive Officer, Director
  • Marc CaronExecutive Officer, Director
  • Jacob JacobsenExecutive Officer, Director
Offering amount
$150K
Amount sold
$50K
First sale
Apr 2018
Incorporated
Corporation, North Carolina
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Evecxia Therapeutics is a biopharmaceutical company focused on serotonin synthesis amplification as a therapeutic approach in psychiatry. The company positions itself as the first dedicated to realizing the therapeutic potential of amplifying production of 5-hydroxytryptamine (5-HT, serotonin) for the treatment of mental illness, targeting patients with disabling conditions that are not adequately addressed by currently available therapies.

The scientific premise is that widely used antidepressants, including selective serotonin reuptake inhibitors (SSRIs such as Prozac) and serotonin-norepinephrine reuptake inhibitors (SNRIs such as Cymbalta), enhance serotonin neurotransmission only modestly and inconsistently across patients, which the company links to their modest and inconsistent efficacy. 5-HTP is the natural rate-limiting precursor of serotonin and has shown promise in experimental clinical settings across multiple brain disorders, most notably as an adjunctive (add-on augmentation) therapy in depression when an antidepressant alone provides inadequate relief. Native 5-HTP, however, is too short-acting and poorly absorbed to function as a practical drug therapy.

Evecxia is developing novel proprietary drug delivery technologies intended to overcome those pharmacokinetic limitations and enable the therapeutic properties of 5-HTP, describing its 5-HTP-based drugs as the first drug class designed to amplify production of natural brain serotonin to treat mental illnesses.

Full profile — market position, technology, go-to-market, geography

Market position

Evecxia describes itself as the first company dedicated to serotonin synthesis amplification for treating mental illness, and frames its 5-HTP-based drug candidates as a prospective new drug class distinct from established antidepressants such as SSRIs and SNRIs.

Technology

The company's technology centers on proprietary drug delivery approaches applied to 5-HTP, the rate-limiting natural precursor of serotonin. Because native 5-HTP is short-acting and poorly absorbed, Evecxia's delivery technologies are designed to make 5-HTP administration practical as a drug therapy, thereby amplifying endogenous brain serotonin synthesis rather than acting through reuptake inhibition as SSRIs and SNRIs do.

Go-to-market

The stated focus is people with disabling mental illness who are not adequately treated by current therapies, in particular patients with depression for whom an antidepressant alone provides inadequate relief and who could be treated with an adjunctive augmentation therapy.

Geography

Headquartered in Research Triangle Park, United States.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Legal entities · 1

corporate structure
EvecxiaDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Evecxia do?
Clinical-stage company developing proprietary 5-HTP-based drugs to amplify brain serotonin synthesis for mental illness.
Who founded Evecxia?
Evecxia was founded by Marc Caron, Marc Caron, PhD, Jacob Jacobsen, PhD.
Who are Evecxia's investors?
Evecxia's investors include Evolution VC Partners, AvAir Investments.
How much funding has Evecxia raised?
Evecxia has disclosed $23.1M raised across 5 rounds.
Where is Evecxia headquartered?
Evecxia is headquartered in Research Triangle Park, US.