Cara Therapeutics

New York, United States Founded: 2004 • Age: 22 yrs
Developer of therapeutics for pain relief and inflammatory diseases
Annual revenue $4.3M Latest available
Total funding $51.0M 5 rounds
Employees 79 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Cara Therapeutics

Cara Therapeutics is a company based in New York (United States) founded in 2004. Cara Therapeutics has raised $51 million across 5 funding rounds from investors including MVM Partners, Rho Capital Partners and Alta Partners. The company has 79 employees as of December 31, 2022. Cara Therapeutics offers products and services including IPF Therapy and Liver Cancer Treatment. Cara Therapeutics operates in a competitive market with competitors including Avidity Biosciences, Flexion Therapeutics, Univercells, Sutro Biopharma and Vividion Therapeutics, among others.

  • Headquarter New York, United States
  • Employees 79 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.33 M (USD)
    943
    as on Dec 31, 2024
  • Net Profit
    -$70.87 M (USD)
    40
    as on Dec 31, 2024
  • EBITDA
    -$58.38 M (USD)
    52
    as on Dec 31, 2024
  • Total Equity Funding
    $51 M (USD)

    in 5 rounds

  • Latest Funding Round
    $100 K (USD), Post-IPO

    Dec 11, 2014

  • Investors
  • Employee Count
    79

    as on Dec 31, 2022

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Products & Services of Cara Therapeutics

Cara Therapeutics offers a comprehensive portfolio of products and services, including IPF Therapy and Liver Cancer Treatment.

Product name locked
Category locked
Primary

Treatment for idiopathic pulmonary fibrosis through research trials.

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Therapy targeting liver cancer in advanced stages.

People of Cara Therapeutics

Headcount 50-200
Employee Profiles 21
Board Members and Advisors 4
Employee Profiles
People
Frédérique Menzaghi
Chief Scientific Officer, SVP Research & Development
People
Eric Vandal
SVP, Commercial
People
Scott Terrillion
General Counsel, Secretary & Chief Compliance Officer
People
Rene Barron
Executive Director, HR

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Board Members and Advisors
people
Jeffrey L. Ives
Director
people
Lisa von Moltke
Director
people
Martin Vogelbaum
Chairman
people
Helen M. Boudreau
Director

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Funding Insights of Cara Therapeutics

Cara Therapeutics has successfully raised a total of $51M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 thousand completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Cara Therapeutics

Cara Therapeutics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include MVM Partners, Rho Capital Partners and Alta Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech startups are invested in by Rho Capital Partners.
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Venture capital firm focused on healthcare companies
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Venture capital services for biotech, IT, and innovative sectors in Connecticut.
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Investor details for Cara Therapeutics

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Investments & Acquisitions by Cara Therapeutics

Investments
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Investment portfolio details for Cara Therapeutics

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Financial Statements - Cara Therapeutics

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Detailed financials for Cara Therapeutics

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Cara Therapeutics Comparisons

Cara Therapeutics Primary company
Description
Developer of therapeutics for pain relief and inflammatory d...
Location
New York, United States
Founded Year
2004
Annual Revenue
$4.33 M (USD)
Net Profit
-$70.87 M (USD)
EBITDA
-$58.38 M (USD)
Employees
79
As of 2022
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Peer comparison for Cara Therapeutics

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Competitors of Cara Therapeutics

Cara Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avidity Biosciences, Flexion Therapeutics, Univercells, Sutro Biopharma and Vividion Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
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Antibody-siRNA complexes are developed for cancer treatment.
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Developer of therapies for the treatment of musculoskeletal disorders
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Biomanufacturing technologies are supplied for biopharma antibody and vaccine production.
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Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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Developing novel drugs based on a proteome-wide ligand and target discovery platform
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RNA-editing technologies are provided for precision medicine applications.
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Detailed competitors of Cara Therapeutics

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Latest news on Cara Therapeutics

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Complete news archive for Cara Therapeutics

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Frequently Asked Questions about Cara Therapeutics

Cara Therapeutics was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Cara Therapeutics is headquartered in New York, United States. It is registered at New York, New York, United States.

Christopher Posner is the current CEO of Cara Therapeutics.

Cara Therapeutics is a funded company, having raised a total of $51M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Cara Therapeutics is 79.

Annual revenue of Cara Therapeutics is $4.33M as on Dec 31, 2024.

Cara Therapeutics is developing cannabinoid and opioid receptor targeting therapeutics for pain relief and inflammatory diseases. Its proprietary technology DimerScreen identifies molecular structures that interact with the G-Protein-Coupled Receptors (GPCRS). Its lead candidate, CR845, is a peripheral kappa-opioid receptor agonist and is in Phase III trials for acute postoperative pain and pruritis. The company is also developing cannabinoid receptor agonists for pain relief.

Cara Therapeutics's top competitors include Sutro Biopharma, Flexion Therapeutics and Avidity Biosciences.

Cara Therapeutics offers IPF Therapy and Liver Cancer Treatment.

Cara Therapeutics has 8 investors. Key investors include MVM Partners, Rho Capital Partners, Alta Partners, Connecticut Innovations, and SWIP.

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