Promentis Pharmaceuticals
Milwaukee, US · Delaware corporation · 3 known investors
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.
Founders & leadership


Board

Investors · 3
Reported raises · per SEC filings
Form D private placements$29.7M disclosed across 4 rounds · 2013–2019
▶$2.5MraisedDec 2019 · 8 investors · PharmaceuticalsRule 506(b)
- 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
▶$17.6MraisedSep 2017 · 8 investors · PharmaceuticalsRule 506(b)
- 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
▶$8.8MraisedOct 2016 · 8 investors · PharmaceuticalsRule 506(b)
- 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
▶$820.2KraisedJan 2014 · 6 investors · PharmaceuticalsRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapCompanies 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| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2015 | $151.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2012 | $1.8M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2008 | $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.


