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Transcend Therapeutics
Biotech & Life Sciences · New York City, United States · Founded 2021
Developing the next generation of psychoactive compounds for neuropsychiatry focused on patient access MoreLess
Transcend Therapeutics is a biotechnology company that is revolutionizing the way people treat neuropsychiatric illnesses. Their mission is to discover, develop, and deliver the next generation of psychoactive compounds, with the goal of providing better access to treatments for those suffering from mental illnesses.
The team at Transcend Therapeutics is comprised of experienced professionals, including the first scientist to receive federal funding for clinical psychedelic research in 54 years and a drug development executive with pivotal contributions to 9 FDA approvals.
What makes Transcend Therapeutics stand out from other businesses in the same industry is their focus on compounds with clinical and nonclinical safety profiles in the public domain, as well as treatments with benefits over classic psychedelics. These benefits include the ability to administer while patients are on traditional antidepressants, a short treatment duration, minimal patient inebriation, and lack of undesirable subjective effects.
Transcend Therapeutics is driven by the goal of reducing the global economic burden of mental illness, which is estimated to reach $6 trillion by 2030. By providing better treatments and access to those suffering from mental illnesses, they aim to make a positive impact on the world.
Company overview
Transcend Therapeutics company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2021
- Headquarters
- New York City, United States
- Employees
- 29
- Open positions
- None listed
- Dealroom signal
- 85.2
Valuation & funding
Transcend Therapeutics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Mar 2026 | $700M | $700M | Otsuka Pharmaceutical | ↗ |
| SERIES A✓Equity / VC | Feb 2023 | $40M | $160M | Global Founders Capital · Alpha Wave Global · Emerald Development Managers · Integrated | ↗ |
| SEEDEquity / VC | Dec 2021 | $1.5M | $6M | FJ Labs · AlleyCorp · Alpha Wave Global · Integrated | — |
| SPINOUT✓Other financing | Jan 2021 | $0 | — | Yale University | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 31 |
| 2025 | 24 |
| 2024 | 25 |
| 2023 | 18 |
| 2022 | 11 |
Growth signals
Transcend Therapeutics website traffic
Latest recorded traffic for Transcend Therapeutics is 3.5K monthly website visits, down 54.5% over the last three months. Transcend Therapeutics's team grew 20.8% over the past year.
Comparisons
Transcend Therapeutics compared with similar companies
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Talent graph
Transcend Therapeutics's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Transcend Therapeutics has talent and traffic
team presence
In the news
Latest news about Transcend Therapeutics
Recent press, funding announcements, and product moves mentioning Transcend Therapeutics — open to read from the original sources.
Market sentiment
What the market is saying about Transcend Therapeutics
An AI-synthesized read of the highest-engagement posts about Transcend Therapeutics on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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