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Neutrolis

Cambridge, US · Founded 2017 · Delaware corporation · 1 known investors

Neutrolis is a clinical-stage biotech developing first-in-class therapies that degrade neutrophil extracellular traps (NETs) to address the root cause of autoimmune and inflammatory diseases such as lupus and rheumatoid arthritis. Its approach targets the process of NETosis to treat these disorders without relying on immunosuppression.

Founders & leadership

Neutrolis was founded in 2017 by Abdul Hakkim Rahamathullah.

AHAbdul Hakkim Rahamathullah
Abdul Hakkim RahamathullahFounder
TF
Toby FoxNamed on SEC filing

Board

GC
Gerald ChanBoard director
AA
Anthony AiudiBoard director
JS
John SundyBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$27.6M disclosed across 3 rounds · 2021–2025

$3.5MraisedJul 2025 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • John SundyDirector
  • Gerald ChanDirector
  • Anthony AiudiDirector, Executive Officer, Promoter
  • Toby FoxDirector, Executive Officer, Promoter
  • Abdul Hakkim RahamathullahDirector, Executive Officer, Promoter
Offering amount
$10M
Amount sold
$3.5M
First sale
Jun 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$965KraisedApr 2025 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • John SundyDirector
  • Abdul Hakkim RahamathullahDirector, Executive Officer, Promoter
  • Toby FoxDirector, Executive Officer, Promoter
  • Gerald ChanDirector
  • Anthony AiudiDirector
Offering amount
$1M
Amount sold
$965K
First sale
Feb 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$23.1MraisedDec 2021 · 28 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gerald ChanDirector
  • Toby FoxExecutive Officer, Director, Promoter
  • Abdul Hakkim RahamathullahExecutive Officer, Director, Promoter
  • Anthony AiudiDirector
Offering amount
$40.6M
Amount sold
$23.1M
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 5

by search overlap
Neurelis5 shared keywordsNeurelis is a neuroscience-based biopharmaceutical company that develops treatments for people living with neurological conditions such as epilepsy. It also maintains a proprietary drug delivery and stabilization technology portfolio applicable to proteins, peptides, and small and large molecules.
Nurix Therapeutics5 shared keywordsNurix Therapeutics develops protein degrader-based medicines using proprietary DEL-AI discovery technology to address cancer and autoimmune diseases. The company applies targeted protein degradation to overcome limitations of conventional therapeutic approaches.
Quralis4 shared keywordsQurAlis develops precision therapies for amyotrophic lateral sclerosis (ALS) and related neurodegenerative diseases by targeting specific disease-causing genetic drivers and molecular mechanisms. The company was founded by neuroscientists from Harvard to translate emerging discoveries about disease pathways into treatment breakthroughs for ALS patients.
Exelixis4 shared keywordsExelixis is an oncology company that discovers and develops cancer treatments, including small molecule therapeutics and biotherapeutics such as antibody-drug conjugates, for patients across multiple tumor types. Its flagship commercial product is CABOMETYX (cabozantinib), and it operates through global development and commercialization partnerships.
Parabilis Medicines3 shared keywordsHelicons develops a peptide-based therapeutic platform designed to target intracellular proteins previously considered undruggable by combining the specificity of antibodies with the cell-penetrating properties of small molecules. The platform uses AI and simulation to engineer helical peptides with non-canonical amino acids for precision binding across a range of therapeutic applications.

Companies competing with Neutrolis for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2020$251.7K
National Institutes of Health (NIH)National Institutes of HealthPhase I2020$209.5K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Neutrolis do?
Neutrolis is a clinical-stage biotech developing first-in-class therapies that degrade neutrophil extracellular traps (NETs) to address the root cause of autoimmune and inflammatory diseases such as lupus and rheumatoid arthritis. Its approach targets the process of NETosis to treat these disorders without relying on immunosuppression.
Who founded Neutrolis?
Neutrolis was founded by Abdul Hakkim Rahamathullah in 2017.
Who are Neutrolis's investors?
Neutrolis's investors include Prefix Capital.
How much funding has Neutrolis raised?
Neutrolis has disclosed $27.6M raised across 3 rounds.
Where is Neutrolis headquartered?
Neutrolis is headquartered in Cambridge, US.