Longboard Pharmaceuticals Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 33

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $2.35B

  • Investors
  • 1

Longboard Pharmaceuticals General Information

Description

Longboard Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases. The company is working to improve a portfolio of centrally acting product candidates designed to be selective for specific G protein-coupled receptors (GPCRs). The company is evaluating LP352, an oral, centrally acting 5-hydroxytryptamine 2C (5-HT2C) receptor superagonist, with negligible observed impact on 5-HT2B and 5-HT2A receptor subtypes, in development for the potential treatment of seizures associated with a broad range of developmental and epileptic encephalopathies.

Contact Information

Formerly Known As
Arena Neuroscience
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 4275 Executive Square
  • Suite 950
  • La Jolla, CA 92037
  • United States
+1 (858)
Primary Industry
Drug Discovery
Other Industries
Biotechnology
Pharmaceuticals
Parent Company
Vertical(s)
Corporate Office
  • 4275 Executive Square
  • Suite 950
  • La Jolla, CA 92037
  • United States
+1 (858)

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

Longboard Pharmaceuticals Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 02-Dec-2024 $2.35B Completed Generating Revenue
6. PIPE 01-Mar-2024 Completed Generating Revenue
5. Secondary Transaction - Open Market 26-Jan-2024 Completed Generating Revenue
4. 2PO 04-Jan-2024 Completed Generating Revenue
3. 2PO 08-Feb-2023 Completed Generating Revenue
2. IPO 12-Mar-2021 $80M $136M Completed Generating Revenue
1. Early Stage VC (Series A) 28-Oct-2020 $56M $56M Completed Startup
To view Longboard Pharmaceuticals’s complete valuation and funding history, request access »

Longboard Pharmaceuticals Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A
To view Longboard Pharmaceuticals’s complete cap table history, request access »

Longboard Pharmaceuticals Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Longboard Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on developing novel, transformative
Drug Discovery
La Jolla, CA
33 As of 2022

New York, NY
 

South 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

Longboard Pharmaceuticals Competitors (2)

One of Longboard Pharmaceuticals’s 2 competitors is Neurogene, a Formerly VC-backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Neurogene Formerly VC-backed New York, NY
Neurona Therapeutics Formerly VC-backed South San Francisco, CA
You’re viewing 2 of 2 competitors. Get the full list »

Longboard Pharmaceuticals 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

Longboard Pharmaceuticals Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Arena Pharmaceuticals Corporation Minority
Cormorant Asset Management PE/Buyout Minority
HBM Healthcare Investments Venture Capital Minority
HBM Partners Venture Capital Minority
Highside Capital Management Hedge Fund Minority
You’re viewing 5 of 6 investors. Get the full list »

Longboard Pharmaceuticals ESG

Risk Overview

Risk Rating

Updated November, 04, 2026

19.36 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 13,585

Rank

Percentile

Pharmaceuticals

Industry

of 852

Rank

Percentile

Pharmaceuticals

Subindustry

of 354

Rank

Percentile

To view Longboard Pharmaceuticals’s complete esg history, request access »

Longboard Pharmaceuticals FAQs

  • When was Longboard Pharmaceuticals founded?

    Longboard Pharmaceuticals was founded in 2020.

  • Where is Longboard Pharmaceuticals headquartered?

    Longboard Pharmaceuticals is headquartered in La Jolla, CA.

  • What is the size of Longboard Pharmaceuticals?

    Longboard Pharmaceuticals has 33 total employees.

  • What industry is Longboard Pharmaceuticals in?

    Longboard Pharmaceuticals’s primary industry is Drug Discovery.

  • Is Longboard Pharmaceuticals a private or public company?

    Longboard Pharmaceuticals is a Private company.

  • What is the current valuation of Longboard Pharmaceuticals?

    The current valuation of Longboard Pharmaceuticals is .

  • What is Longboard Pharmaceuticals’s current revenue?

    The current revenue for Longboard Pharmaceuticals is .

  • How much funding has Longboard Pharmaceuticals raised over time?

    Longboard Pharmaceuticals has raised $429M.

  • Who are Longboard Pharmaceuticals’s investors?

    Arena Pharmaceuticals, Cormorant Asset Management, HBM Healthcare Investments, HBM Partners, and Highside Capital Management are 5 of 6 investors who have invested in Longboard Pharmaceuticals.

  • Who are Longboard Pharmaceuticals’s competitors?

    Neurogene and Neurona Therapeutics are competitors of Longboard Pharmaceuticals.

  • When was Longboard Pharmaceuticals acquired?

    Longboard Pharmaceuticals was acquired on 02-Dec-2024.

  • Who acquired Longboard Pharmaceuticals?

    Longboard Pharmaceuticals was acquired by H. Lundbeck.

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