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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
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingsectorPsychologyindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorHealth and WellnesssectorMedical & HealthcaresectorNeurologysectorMental HealthsectorSpinoutsectorBiotech and Pharma

Valuation & funding

Transcend Therapeutics funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Mar 2026 $700M $700M Otsuka Pharmaceutical
SERIES AEquity / 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
SPINOUTOther financing Jan 2021 $0 Yale University
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 31
2025 24
2024 25
2023 18
2022 11
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits3.5K 3-month web change-54.5% 1-year team growth+20.8%
Monthly website visits38 observations · Apr 2023–Jul 2026
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Comparisons

Transcend Therapeutics compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Transcend Therapeutics's talent

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Team profiled 4 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.

Investors

9 investors on Transcend Therapeutics's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
FJ Labs
AlleyCorp
Alpha Wave Global
Integrated
Series A 2 investors entered at this stage
Global Founders Capital
Emerald Development Managers
Other known 3 additional known investors
Otsuka Pharmaceutical
Yale University
Alumni Ventures

Global footprint

Where Transcend Therapeutics has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States96.7%
🇬🇧 United Kingdom3.3%
2 countries shown

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.

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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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