Fundraising Fox

Promentis Pharmaceuticals

Milwaukee, US · Delaware corporation · 3 known investors

promentispharma.com

Promentis Pharmaceuticals is a privately-held biopharmaceutical company developing oral compounds targeting the System xc- glutamate pathway to treat neuropsychiatric disorders. Its lead indication is trichotillomania, and its work extends to other obsessive-compulsive, addictive, and CNS conditions.

BiotechHealthtechMental Health

Founders & leadership

DLDaniel Lawton
Daniel LawtonExecutive
TBTom Beck
Tom BeckExecutiveIn Memoriam at F-Prime Capital Partners
CB
Chad BeyerExecutive
KV
Klaus Veitinger, MD, PhDNamed on SEC filing
DB
David Baker, PhDNamed on SEC filing
EB
Ed Barthell, MDNamed on SEC filing
CE
Chad E Beyer, PhDNamed on SEC filing
VN
Virinder Nohria, PhDNamed on SEC filing

Board

KV
Klaus VeitingerinBoard directorVenture Partner at OrbiMed
SSSteve Squinto
Steve SquintoinBoard directorVenture Partner at OrbiMed
SS
Stacey SeltzerinBoard directorPartner at Aisling Capital
PS
Patrick Schwarz-SchuetteBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$29.7M disclosed across 4 rounds · 2013–2019

$2.5MraisedDec 2019 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Chad BeyerExecutive Officer
  • Steve SquintoDirector
  • Thomas BeckDirector
  • Patrick Schwarz-SchuetteDirector
  • Klaus VeitingerDirector
  • Daniel LawtonExecutive Officer, Director
  • Stacey SeltzerDirector
Offering amount
$6M
Amount sold
$2.5M
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$17.6MraisedSep 2017 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel LawtonExecutive Officer, Director
  • Chad BeyerExecutive Officer
  • Tom BeckExecutive Officer, Director
  • Steve SquintoDirector
  • Stacey SeltzerDirector
  • Patrick Schwarz-SchuetteDirector
  • Klaus VeitingerExecutive Officer, Director
Offering amount
$17.6M
Amount sold
$17.6M
First sale
Sep 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.8MraisedOct 2016 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel LawtonExecutive Officer, Director
  • Klaus VeitingerExecutive Officer, Director
  • Steve SquintoDirector
  • Tom BeckExecutive Officer, Director
  • Stacey SeltzerDirector
  • Patrick Schwarz-SchuetteDirector
  • Chad BeyerExecutive Officer
Offering amount
$8.8M
Amount sold
$8.8M
First sale
Sep 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$820.2KraisedJan 2014 · 6 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Klaus Veitinger, MD, PhDDirector
  • David Baker, PhDDirector
  • Ed Barthell, MDDirector
  • Chad E Beyer, PhDExecutive Officer, Director
  • Daniel LawtonDirector
  • Patrick Schwarz-SchuetteDirector
  • Virinder Nohria, PhDDirector
Offering amount
$2.9M
Amount sold
$820.2K
Proceeds to insiders
$240K
First sale
Dec 2013
Incorporated
Corporation, Delaware
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 · 2

by search overlap

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

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2015$151.4K
National Institutes of Health (NIH)National Institutes of HealthPhase II2012$1.8M
National Institutes of Health (NIH)National Institutes of HealthPhase I2008$508.4K

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 Promentis Pharmaceuticals do?
Promentis Pharmaceuticals is a privately-held biopharmaceutical company developing oral compounds targeting the System xc- glutamate pathway to treat neuropsychiatric disorders. Its lead indication is trichotillomania, and its work extends to other obsessive-compulsive, addictive, and CNS conditions.
Who are Promentis Pharmaceuticals's investors?
Promentis Pharmaceuticals's investors include Aisling Capital, F-Prime Capital Partners, OrbiMed.
How much funding has Promentis Pharmaceuticals raised?
Promentis Pharmaceuticals has disclosed $29.7M raised across 4 rounds.
Where is Promentis Pharmaceuticals headquartered?
Promentis Pharmaceuticals is headquartered in Milwaukee, US.