Cingulate

Kansas City, United States Founded: 2012 • Age: 14 yrs
Cingulate is focused on developing treatments for ADHD and anxiety.
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About Cingulate

Cingulate is a company based in Kansas City (United States) founded in 2012 by Craig S Gilgallon and Shane J Schaffer. It operates as a Professional Services. Cingulate has raised $33 million across 6 funding rounds from investors including The Werth Family Foundation, Salem Investment Partners and Lincoln Park Capital. The company has 13 employees as of December 31, 2024. Cingulate offers products and services including CTx-1301, CTx-1302, and CTx-2103. Cingulate operates in a competitive market with competitors including Lyndra, Nura Bio, Healx, i2o Therapeutics and Cure Pharmaceutical, among others.

  • Headquarter Kansas City, United States
  • Employees 13 as on 31 Dec, 2024
  • Founders Craig S Gilgallon, Shane J Schaffer
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cingulate Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $0
    0
    as on Dec 31, 2024
  • Net Profit
    $-15.55 M
    33.95
    as on Dec 31, 2024
  • EBITDA
    $-14.99 M
    32.4
    as on Dec 31, 2024
  • Total Equity Funding
    $33 M (USD)

    in 6 rounds

  • Latest Funding Round
    $25 M (USD), Post-IPO

    Jul 22, 2025

  • Investors
  • Employee Count
    13

    as on Dec 31, 2024

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IPO & Listings of Cingulate

Cingulate is a publicly listed company on the NASDAQ with ticker symbol CING in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: CING . Sector: Health technology · USA

Products & Services of Cingulate

Cingulate offers a comprehensive portfolio of products and services, including CTx-1301, CTx-1302, and CTx-2103. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

A medication developed for treating ADHD with precision dosing.

Another formulation created for ADHD treatment with controlled release.

A candidate developed for managing anxiety-related disorders effectively.

Funding Insights of Cingulate

Cingulate has successfully raised a total of $33M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $25 million completed in July 2025. 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.

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $25.0M
  • First Round

    (14 Nov 2013)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Post-IPO - Cingulate Valuation

investors

Apr, 2025 Amount Grant - Cingulate Valuation

investors

Jan, 2024 Amount Post-IPO - Cingulate Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cingulate

Cingulate has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include The Werth Family Foundation, Salem Investment Partners and Lincoln Park Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Private equity investments are directed toward North American opportunities.
Founded Year Domain Location
Nonprofit organization offering community aid, global assistance, and data-driven solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cingulate

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cingulate

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cingulate Comparisons

Employees
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Add Comparison
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Competitors of Cingulate

Cingulate 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 Lyndra, Nura Bio, Healx, i2o Therapeutics and Cure Pharmaceutical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Innovates long-acting oral therapies to simplify patient medication regimens.
domain founded_year HQ Location
Diagnostic solutions and neuroprotective medicines for neurological disorders are provided.
domain founded_year HQ Location
AI-powered drug discovery platform for rare diseases is developed.
domain founded_year HQ Location
Oral drug delivery solutions are provided via liquid technology platform.
domain founded_year HQ Location
Oral thin film-based drug delivery systems are developed.
domain founded_year HQ Location
Proprietary platform is utilized for extended-release CNS drug development.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cingulate

Frequently Asked Questions about Cingulate

When was Cingulate founded?

Cingulate was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Cingulate located?

Cingulate is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.

Who is the current CEO of Cingulate?

Shane J Schaffer is the current CEO of Cingulate. They have also founded this company.

Is Cingulate a funded company?

Cingulate is a funded company, having raised a total of $33M across 6 funding rounds to date. The company's 1st funding round was a Post-IPO of $219.84K, raised on Nov 14, 2013.

How many employees does Cingulate have?

As of Dec 31, 2024, the latest employee count at Cingulate is 13.

What does Cingulate do?

Cingulate Inc. is a clinical-stage biopharmaceutical company engaged in the development of innovative treatments for central nervous system disorders, particularly Attention DeficitHyperactivity Disorder (ADHD) and anxiety-related conditions. Two product candidates, CTx-1301 and CTx-1302, are being developed for the ADHD market, valued at approximately 18 billion annually in the US. Additionally, CTx-2103 is under development for the 5 billion US anxiety market. Proprietary technology, such as the Precision Timed Release Platform, is utilized to ensure precise once-daily dosing. The company operates within the healthcare and biotechnology sector, focusing on neurobiological solutions.

Who are the top competitors of Cingulate?

Cingulate's top competitors include Healx, Nura Bio and i2o Therapeutics.

What products or services does Cingulate offer?

Cingulate offers CTx-1301, CTx-1302, and CTx-2103.

Is Cingulate publicly traded?

Yes, Cingulate is publicly traded on NASDAQ under the ticker symbol CING.

Who are Cingulate's investors?

Cingulate has 3 investors. Key investors include The Werth Family Foundation, Salem Investment Partners, and Lincoln Park Capital.

What is Cingulate's ticker symbol?

The ticker symbol of Cingulate is CING on NASDAQ.

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