Caraway Therapeutics Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 15

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $610M

Caraway Therapeutics General Information

Description

Developer of a novel drug designed for doctors to treat neurodegenerative diseases. The company develops treatments that modulate mitophagy and autophagy by leveraging an understanding of critical neural pathways to discover and develop novel small molecules that will restore cellular balance and target lysosomes to modulate and restore their activity to prevent neurodegenerative diseases, enabling physicians to improve the lives of patients suffering from a range of neurodegenerative diseases and senescence.

Contact Information

Formerly Known As
Rheostat Therapeutics
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 300 Technology Square
  • Floor 2
  • Cambridge, MA 02139
  • United States
+1 (617)
Primary Industry
Drug Discovery
Other Industries
Pharmaceuticals
Acquirer
Corporate Office
  • 300 Technology Square
  • Floor 2
  • Cambridge, MA 02139
  • United States
+1 (617)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Caraway Therapeutics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 20-Nov-2023 $610M Completed Pre-Clinical Trials
3. Early Stage VC (Series A) 26-Nov-2018 Completed Pre-Clinical Trials
2. Early Stage VC 17-Jul-2018 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Caraway Therapeutics’s complete valuation and funding history, request access »

Caraway Therapeutics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A3
Series A2
Series A1 5,333,332 $0.000100 6% $0.75 $0.75 1x $0.75 14.97%
To view Caraway Therapeutics’s complete cap table history, request access »

Caraway Therapeutics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a novel drug designed for doctors to treat neurodegenerative diseases. The company develops treatments that
Drug Discovery
Cambridge, MA
15 As of 2024

Milwaukee, WI
 

San Francisco, CA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Caraway Therapeutics Competitors (39)

One of Caraway Therapeutics’s 39 competitors is Promentis Pharmaceuticals, a Venture Capital-Backed company based in Milwaukee, WI.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Promentis Pharmaceuticals Venture Capital-Backed Milwaukee, WI
Numerion Labs Venture Capital-Backed San Francisco, CA
AB Science Formerly Accelerator/Incubator backed Paris, France
Cerecin Venture Capital-Backed Broomfield, CO
Oligomerix Venture Capital-Backed Bronx, NY
You’re viewing 5 of 39 competitors. Get the full list »

Caraway Therapeutics Patents

Caraway Therapeutics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026136191-A1 Tmem175 agonists, compositions, and methods of use Pending 19-Dec-2024
EP-4734979-A2 Tmem175 agonists, compositions, and methods of use Pending 29-Jun-2023
EP-4734980-A2 Tmem175 agonists, compositions, and methods of use Pending 29-Jun-2023
WO-2025006723-A2 Tmem175 agonists, compositions, and methods of use Inactive 29-Jun-2023
WO-2025006723-A3 Tmem175 agonists, compositions, and methods of use Inactive 29-Jun-2023 C07D401/12
To view Caraway Therapeutics’s complete patent history, request access »

Caraway Therapeutics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Caraway Therapeutics Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
AbbVie Ventures Corporate Venture Capital Minority
Alexandria Venture Investments Venture Capital Minority
Amgen Ventures Corporate Venture Capital Minority
Eisai Corporate Venture Capital Minority
Eisai Innovation Corporate Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Caraway Therapeutics FAQs

  • When was Caraway Therapeutics founded?

    Caraway Therapeutics was founded in 2018.

  • Where is Caraway Therapeutics headquartered?

    Caraway Therapeutics is headquartered in Cambridge, MA.

  • What is the size of Caraway Therapeutics?

    Caraway Therapeutics has 15 total employees.

  • What industry is Caraway Therapeutics in?

    Caraway Therapeutics’s primary industry is Drug Discovery.

  • Is Caraway Therapeutics a private or public company?

    Caraway Therapeutics is a Private company.

  • What is the current valuation of Caraway Therapeutics?

    The current valuation of Caraway Therapeutics is .

  • What is Caraway Therapeutics’s current revenue?

    The current revenue for Caraway Therapeutics is .

  • How much funding has Caraway Therapeutics raised over time?

    Caraway Therapeutics has raised $23M.

  • Who are Caraway Therapeutics’s investors?

    AbbVie Ventures, Alexandria Venture Investments, Amgen Ventures, Eisai, and Eisai Innovation are 5 of 9 investors who have invested in Caraway Therapeutics.

  • Who are Caraway Therapeutics’s competitors?

    Promentis Pharmaceuticals, Numerion Labs, AB Science, Cerecin, and Oligomerix are some of the 39 competitors of Caraway Therapeutics.

  • When was Caraway Therapeutics acquired?

    Caraway Therapeutics was acquired on 20-Nov-2023.

  • Who acquired Caraway Therapeutics?

    Caraway Therapeutics was acquired by Merck & Co..

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process