Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

ProJenX

Explore full profile

ProJenX is a clinical-stage biotechnology company with novel, brain-penetrant targeted therapies to address debilitating brain diseases, with an initial focus on ALS

Town of Smithtown, United StatesFounded 2021Biotech & Life Sciences
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ProJenX and the history behind them.

About ProJenX

ProJenX is a pioneering biotech startup focused on developing treatments for Amyotrophic Lateral Sclerosis (ALS), a debilitating brain disease. The company was inspired by Project ALS, an initiative founded in 1998 by the Estess sisters after one of them was diagnosed with ALS at the age of 35. ProJenX aims to change the landscape of ALS treatment through scientific rigor and relentless advocacy.

The company's flagship product is Prosetin, a first-of-its-kind MAP4 kinase inhibitor. This drug is unique because it can cross the blood-brain barrier, a protective shield that usually prevents drugs from reaching the brain. Prosetin targets motor neurons directly, which are the cells affected in ALS. The drug has shown high efficacy in multiple laboratory models and is currently in clinical trials.

ProJenX operates in the biotech and pharmaceutical market, focusing specifically on neurodegenerative diseases. Their primary clients are healthcare providers, research institutions, and ultimately, patients diagnosed with ALS. The company collaborates closely with scientific partners at Columbia University, leveraging cutting-edge research to develop their treatments.

The business model of ProJenX revolves around research and development (R&D) and clinical trials. They invest heavily in scientific research to discover and validate new treatments. Revenue is generated through partnerships, grants, and eventually, the commercialization of their drugs. Once Prosetin and other pipeline drugs are approved, they will be sold to healthcare providers and institutions, generating income through sales and licensing agreements.

In summary, ProJenX is a biotech startup dedicated to developing groundbreaking treatments for ALS. They combine scientific innovation with a deep personal mission to provide meaningful therapies for those affected by this devastating disease.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Town of Smithtown, United States
Employees
8
Open positions
None listed
Dealroom signal
76.4/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Neurology, Spinout, Biotech and Pharma, Hard Tech, Woman Founder, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Nov 2023 $15M $60M Medical Excellence Capital ↗
EARLY VCEquity / VC Dec 2021 $6M $24M Medical Excellence Capital —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

ProJenX website traffic

Latest recorded traffic for ProJenX is 780 monthly website visits, down 40% over the last three months. ProJenX's team grew 14.3% over the past year.

Latest monthly visits780 3-month web change-40% 1-year team growth+14.3%
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.

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

2 investors on the cap table

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

Series A1 investor entered at this stage

  • Medical Excellence Capital

Other known investors1 additional known investor

  • Columbia University
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ProJenX 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 ProJenX’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.