Fundraising Fox

Praxis Precision Medicines

NASDAQ: PRAX

Cambridge, US · Founded 2015 · Delaware corporation · 3 known investors

Therapeutic company focused on validated targets for treating neurological and psychiatric disorders.

Founders & leadership

KR
Kiran ReddyExecutive

Board

NG
Nicholas G. GalakatosBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$31.9M disclosed across 3 rounds · 2016–2019

$10MraisedJun 2019 · 5 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • KIRAN REDDYExecutive Officer, Director
  • NICHOLAS GALAKATOSDirector
  • THOMAS DYRBERGDirector
  • STEFAN VITOROVICDirector
  • STUART CHAFFEEExecutive Officer
  • WILLIAM YOUNGDirector
  • PAUL MEDEIROSDirector
  • ARI BRETTMANDirector
  • GREGORY NORDENDirector
  • ALFRED SANDROCKDirector
Offering amount
$10M
Amount sold
$10M
First sale
Jun 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$18.8MraisedMar 2018 · 6 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • William D. YoungDirector
  • Alfred Sandrock, Jr.Director
  • Nicholas G. GalakatosDirector
  • Stuart ChaffeeExecutive Officer
  • Kiran ReddyExecutive Officer, Director
Offering amount
$46.4M
Amount sold
$18.8M
First sale
Mar 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.1MraisedNov 2016 · 2 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas G. GalakatosDirector
  • Kiran ReddyExecutive Officer, Director
Offering amount
$7.7M
Amount sold
$3.1M
First sale
Oct 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

In the news

Frequently asked questions

What does Praxis Precision Medicines do?
Therapeutic company focused on validated targets for treating neurological and psychiatric disorders.
Who are Praxis Precision Medicines's investors?
Praxis Precision Medicines's investors include OCV Partners, Clarus, Vida Ventures.
How much funding has Praxis Precision Medicines raised?
Praxis Precision Medicines has disclosed $31.9M raised across 3 rounds.
Where is Praxis Precision Medicines headquartered?
Praxis Precision Medicines is headquartered in Cambridge, US.