Fundraising Fox

PureTech Health

Venture studio

Boston · 11 people tracked

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Investment thesis

PureTech Health builds and develops novel medicines by identifying patient needs where an existing therapeutic approach has demonstrated human efficacy but is held back by limitations such as off-target effects, low bioavailability, or poor tolerability. Its R&D model rests on three principles: validated efficacy, clear patient benefit, and an efficient, de-risked path to new classes of medicine. Programs are advanced through Founded Entities, exemplified by KarXT (Cobenfy) for schizophrenia, developed in Karuna Therapeutics and later acquired by Bristol Myers Squibb. Other programs include deupirfenidone for idiopathic pulmonary fibrosis and GlyphAllo, an oral allopregnanolone prodrug using its Glyph technology for mental health indications.

Source: firm website, verified Aug 7, 2026.

HQ
Boston, US
Leads rounds
Follows
Last 12 months
1 investment
Tracked investments
6

Team · 11 people

from the firm's website

Founder mafia

2 people who came through PureTech Health went on to found or lead other companies.

What they invest in

from 2 of 6 portfolio companies

Biotech ×2Medical Devices ×1Mental Health ×1

HQs:United States×1

Investments · 6 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12 dated

Seaport Therapeuticsseaporttx.comin𝕏NASDAQ: SPTXOct 2024

Seaport Therapeutics develops therapeutics and medicines.

BiotechMental HealthBoston, US

Daphne Zohar(Founder, CEO and Board Member)inMichael Chen(Executive Officer)Lana Gladstein(Executive Officer)Antony Loebel(Executive Officer)Eric Green(Executive Officer)

BoardJames I. Healy(Director)

Co-investorsARCH Venture PartnersForesite CapitalHAWKTAILSofinnova Ventures

Celea Therapeuticsceleatx.cominJul 2026 · $180M

Celea is a biopharmaceutical company developing next-generation therapies for serious respiratory diseases, with a lead antifibrotic drug candidate, deupirfenidone, in Phase 3 development for idiopathic pulmonary fibrosis (IPF).

BiotechMedical Devices

Co-investorsRA CapitalLeaps by Bayer

Celea Therapeutics

PureTech-founded entity advancing deupirfenidone (via the Phase 3 SURPASS-IPF trial) as a potential new standard of care for idiopathic pulmonary fibrosis.

Gallop Oncology
Karuna
Karuna Therapeutics

PureTech Founded Entity that developed KarXT (Cobenfy) for schizophrenia and was acquired by Bristol Myers Squibb for $14 billion.

Co-investorsSofinnova Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

Seaport TherapeuticsNASDAQ: SPTX

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has PureTech Health made?
PureTech Health has 5 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What sectors does PureTech Health focus on?
PureTech Health focuses on Biotech, Digital Health, Healthtech, Medical Devices.
Where is PureTech Health located?
PureTech Health is headquartered in Boston, US.
Does PureTech Health lead rounds?
PureTech Health typically participates in rounds rather than leading them.
Who does PureTech Health co-invest with?
PureTech Health most often shares deals with Sofinnova Ventures, ARCH Venture Partners, Foresite Capital, among 4 tracked co-investors.

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