MindImmune Therapeutics
Kingston, US · Founded 2016 · 8 known investors
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MindImmune develops therapeutics targeting the immune drivers of neurodegenerative diseases such as Alzheimer's, focusing on immune cells that respond to amyloid plaques before they enter the brain. Its lead candidate, MITI-101, is a monoclonal antibody that blocks a key receptor to prevent neuroinflammation, neurite damage, and vascular pathology, with human trials planned for early 2027.
Also known as MindImmune · MindImmune Therapeutics, Inc.
Founders & leadership
MindImmune Therapeutics was founded in 2016 by Robert B. Nelson, Frank S. Menniti, and Stevin Zorn.

Board


Investors · 8
How we know: Dolby Family Ventures's portfolio page · a partner's Signal profile · funding news · swansonreed.com · the VCSheet dataset · research · mindimmune.com · Not right? Tell us
How we know: Pfizer Venture Investments's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: funding news · press coverage · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
How we know: funding news · swansonreed.com · research · mindimmune.com · Not right? Tell us
Also in the syndicate · 3
Reported raises · per SEC filings
Form D private placements$21.3M disclosed across 3 of 5 rounds · 2019–2025
▶$15.2MraisedMar 2026 · 15 investors · PharmaceuticalsRule 506(b)
- Reetika BhardwajDirector
- Christopher O'DonnellDirector
- Bradley MargusDirector
- Isaac StonerExecutive Officer, Director
- Offering amount
- $17M
- Amount sold
- $15.2M
- First sale
- Nov 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.3MraisedFeb 2022 · 12 investors · PharmaceuticalsRule 506(b)
- Robert B. NelsonExecutive Officer
- Christopher O'DonnellDirector
- Tracy SaxtonDirector
- Stevin ZornExecutive Officer, Director
- Diane GoodingExecutive Officer
- Offering amount
- $8.9M
- Amount sold
- $5.3M
- First sale
- Jan 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$750KraisedNov 2019 · 8 investors · PharmaceuticalsRule 506(b)
- Robert B. NelsonExecutive Officer, Director
- Frank S. MennitiExecutive Officer, Director
- Richard G. HoranDirector
- Stevin ZornExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $750K
- Proceeds to insiders
- $875K
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026MindImmune Therapeutics, Inc. is a drug discovery company based in Kingston, Rhode Island, at the University of Rhode Island, developing first-in-class therapeutics that target the immune system to treat central nervous system diseases, including Alzheimer's disease. The company's scientific premise is that inflammatory processes drive neurodegenerative disease, and that the way specific immune cells react to amyloid plaques is central to the onset and progression of Alzheimer's. Rather than acting inside the brain, MindImmune's approach aims to target these immune cells before they migrate into the brain.
Its lead program, MITI-101, is a monoclonal antibody designed to block a key receptor and thereby prevent harmful immune cells from infiltrating the brain, addressing neuroinflammation, neurite damage and vascular pathology associated with Alzheimer's disease. The company states MITI-101 will begin human trial validation in early 2027, with Series A proceeds intended to carry the program through an IND filing and into the clinic. MindImmune operates a laboratory adjacent to the RI-INBRE Centralized Research Core Facility at URI, using shared instrumentation including imaging systems, plate readers, spectrometers and cell culture equipment in place of purchasing its own.
Founding story
MindImmune was founded in 2016 by Stevin Zorn, Ph.D., Frank Menniti, Ph.D., and Robert Nelson, Ph.D., all former colleagues at Pfizer's Worldwide Research & Development. The company was established on the discovery that inflammatory processes may drive neurodegenerative diseases such as Alzheimer's. The founders evaluated multiple lab locations before selecting the University of Rhode Island, and each principal was appointed a Ryan Research Professor of Neuroscience in August 2016.
Traction
MindImmune reports that MITI-101 is advancing toward an IND filing with human trial validation planned for early 2027. The company is the major industrial user of RI-INBRE's Centralized Research Core Facility at URI, which houses over $3.5 million of scientific instrumentation.
Latest developments
In December 2025 MindImmune reported capping off a $30 million Series A round, with proceeds intended to support the company through an IND and into the clinic. In April 2025 it appointed Thomas Prod'homme, Ph.D., an immunologist with 15 years of experience in preclinical development, translational biology and drug discovery, as Vice President, Preclinical Development. Leadership includes CEO Isaac Stoner, CSO Leonid Gorelik, Ph.D., CFO Ed Sullivan, VP Biology Robert Nelson, Ph.D., and founder Stevin Zorn, Ph.D.; the board is chaired by Brad Margus and includes Reetika Bhardwaj (Dolby Family Ventures), Christopher O'Donnell (Pfizer Ventures) and independent director John Dunlop.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
MindImmune positions itself as pursuing a differentiated, immune-targeted approach to Alzheimer's disease and other neurodegenerative conditions, describing MITI-101 as a first-in-class therapeutic.
The company differentiates its approach by targeting disease processes outside the brain — intercepting immune cells before they infiltrate the CNS — rather than treating pathology within brain tissue.
Technology
The company's approach targets peripheral immune cells that respond to amyloid plaques, seeking to block their recruitment into the brain rather than acting on targets inside the CNS. Research at the RI-INBRE Centralized Research Core Facility produced a method to track pathological immune cell recruitment into the brains of Alzheimer's disease mouse models and identified a therapeutic target for blocking that recruitment. The lead asset, MITI-101, is a monoclonal antibody against a key receptor intended to prevent neuroinflammation, neurite damage and vascular pathology.
Go-to-market
Patients with neurodegenerative diseases of the central nervous system, principally Alzheimer's disease.
Geography
Operations are based in Kingston, Rhode Island, on the University of Rhode Island campus, with laboratory space adjacent to the RI-INBRE Centralized Research Core Facility.
History
Founded in 2016 at the University of Rhode Island in Kingston, MindImmune built a public-private collaboration with URI's George and Anne Ryan Institute for Neuroscience, with team members teaching graduate-level neuroscience courses in the university's Interdisciplinary Neuroscience Program. The company announced a $12.4 million Series A financing in June 2022, appointed Thomas Prod'homme, Ph.D., as Vice President, Preclinical Development in April 2025, and reported capping off a $30 million Series A round in December 2025.
Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsThe University of Rhode Island-based company capped a $30 million Series A round; funds will support the company through an IND and into the clinic.
$30M source ↗
Immunologist with 15 years of experience in preclinical development, translational biology and drug discovery joins as Vice President, Preclinical Development.
Series A financing with participation from Dolby Family Ventures, Pfizer Ventures, the Alzheimer's Drug Discovery Foundation (ADDF), Trend Venture, RightHill Ventures (an affiliate of the Slater Technology Fund) and several private investors.
$12.4M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 3
primary sources listed
- visit www.mindimmune.commindimmune.com · web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does MindImmune Therapeutics do?
- MindImmune Therapeutics develops antibody therapeutics targeting immune drivers of Alzheimer's disease and other neurodegeneration.
- Who founded MindImmune Therapeutics?
- MindImmune Therapeutics was founded by Robert B. Nelson, Frank S. Menniti, Stevin Zorn in 2016.
- Who are MindImmune Therapeutics's investors?
- MindImmune Therapeutics's investors include Dolby Family Ventures, Pfizer Venture Investments, Slater Technology Fund, ARCH Venture Partners, Pfizer Ventures.
- How much funding has MindImmune Therapeutics raised?
- MindImmune Therapeutics has disclosed $21.3M raised across 3 of its 5 known rounds.
- Where is MindImmune Therapeutics headquartered?
- MindImmune Therapeutics is headquartered in Kingston, US.

