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Praxis Precision Medicines

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Developing therapies for central nervous system disorders based on genetic insights into neuronal imbalance

Cambridge, United StatesFounded 2015Biotech & Life Sciences
Valuation $7.80B Market cap · 2026
Revenue $2.3M Latest reported FY
Total funding $100–500M Disclosed equity funding

About Praxis Precision Medicines

Praxis Precision Medicines is a clinical stage biopharmaceutical company focused on developing therapies for central nervous system (CNS) disorders, particularly those characterized by neuronal imbalance. The company leverages insights from genetic epilepsies to create innovative treatments aimed at addressing unmet medical needs. Praxis operates in the biopharmaceutical market, primarily serving patients with CNS disorders and their caregivers. The business model revolves around patient-guided development strategies, ensuring that the therapies developed are aligned with what patients actually need. Revenue is generated through the development and potential commercialization of these therapies, as well as through partnerships and collaborations with other entities in the healthcare sector.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Cambridge, United States
Listing
IPO 2020
Sector
Biotech & Life Sciences
Power Law
Unicorn$1–10B valuation tier

Latest news

Press, funding announcements and product moves mentioning Praxis Precision Medicines.

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Investors

14 investors on the cap table

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

Series B and later14 investors entered at this stage

Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
5 countries with
team presence
🇺🇸 United States97%
🇦🇺 Australia1.2%
🇧🇷 Brazil0.6%
🇮🇳 India0.6%
🇨🇴 Colombia0.6%
5 countries shown
Web traffic by country
11K monthly visits
across markets
🇺🇸 United States71.8%
🇨🇦 Canada16.4%
🇮🇳 India9.1%
🇧🇷 Brazil3.6%
🇮🇹 Italy0.9%
Top 5 markets shown

Patents

Estimated portfolio value
$36M

49 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Praxis Precision Medicines 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

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