Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Bright Minds Biosciences

Explore full profile

Biotechnology company creating the next generation of psychedelics to treat mental health and other CNS disorders

New York City, United StatesFounded 2017Biotech & Life Sciences
Valuation $361M Market cap · 2026

About Bright Minds Biosciences

Bright Minds Bio is a biotechnology company focused on developing next-generation therapeutics aimed at improving the lives of patients suffering from severe and life-altering brain diseases. The company leverages its extensive experience in the biology of the serotonergic system to create highly targeted drugs that address specific patient populations unmet by current treatments.

Bright Minds Bio operates in the pharmaceutical and biotechnology market, primarily serving patients with conditions such as pain, seizures, and neuropsychiatric disorders. The company's business model revolves around drug discovery and development, where it creates new chemical entities (NCEs) and modifies existing molecules to enhance therapeutic properties while minimizing side effects.

Revenue is generated through the development and commercialization of these specialized drugs, often in partnership with larger pharmaceutical companies or through direct sales. The company also benefits from intellectual property rights and potential milestone payments and royalties from licensing agreements.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2017
Headquarters
New York City, United States
Listing
IPO 2021
Employees
11
Open positions
None listed
Dealroom signal
53.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Neurology, Mental Health, Spinout, Tech for Biotech and Pharma, Biotech and Pharma, Psychedelic Drugs, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing May 2026 $0 — B Group ↗
POST IPO EQUITY✓Other financing Jan 2026 $100M — Undisclosed ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $0 — −$40M — −$27M — $8.1M
2025 $0 — −$10M — −$9M — $8.1M
2024 $0 — −$2M — −$2.1M — $865K
2023 $0 — −$5.4M — — $3.7M
2022 $0 — −$11M — —
2021 — — −$6.4M — —
2020 — — −$344K — —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Bright Minds Biosciences website traffic

Latest recorded traffic for Bright Minds Biosciences is 4K monthly website visits, down 9.1% over the last three months. Bright Minds Biosciences's team grew 22.2% over the past year.

Latest monthly visits4K 3-month web change-9.1% 1-year team growth+22.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Gilgamesh PharmaceuticalsProvides medicines for psychedelic, novel psychotropic drugs, depression, anxiety, and stress-related disorders New York City, United States Operational 35 $143M $240M
Syndeio BiosciencesDeveloping rapid-acting therapies to enhance synaptic health and treat CNS disorders through novel synapse pharmacology Indianapolis, United States Operational
Transcend TherapeuticsDeveloping the next generation of psychoactive compounds for neuropsychiatry focused on patient access New York City, United States Acquired
AviadoBioPrecision gene therapies for neurodegenerative disorders London, United Kingdom Operational
Ambagon TherapeuticsBiotechnology company developing small molecule drugs that target previously undruggable proteins for cancer treatment Eindhoven, Netherlands Operational
Alto NeuroscienceClinical-stage biopharmaceutical company that creates precision medicines through its AI-driven biomarker platform Los Altos, United States Operational
Definium TherapeuticsA psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness New York City, United States Operational
ATAI Life SciencesA biotechnology company pioneering mental health innovation Berlin, Germany Acquired
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • B Group

Other known investors3 additional known investors

  • University of Illinois Urbana Champaign
  • Explorer Equity Group
  • Vine Ventures
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States71.4%
🇩🇰 Denmark14.3%
🇬🇧 United Kingdom14.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Bright Minds Biosciences on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Bright Minds Biosciences’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.