Cingulate

Kansas City, United States Founded: 2012 • Age: 14 yrs
Cingulate is focused on developing treatments for ADHD and anxiety.
Annual revenue - Latest available
Total funding $33.0M 6 rounds
Employees 13 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

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
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Cingulate Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$15.55 M (USD)
    33.95
    as on Dec 31, 2024
  • EBITDA
    -$14.99 M (USD)
    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.

Product name locked
Category locked
Primary

A medication developed for treating ADHD with precision dosing.

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Another formulation created for ADHD treatment with controlled release.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Private equity investments are directed toward North American opportunities.
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Nonprofit organization offering community aid, global assistance, and data-driven solutions.
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Investor details for Cingulate

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Investments & Acquisitions by Cingulate

Investments
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Investment portfolio details for Cingulate

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Financial Statements - Cingulate

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Detailed financials for Cingulate

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Cingulate Comparisons

Cingulate Primary company
Description
Cingulate is focused on developing treatments for ADHD and a...
Location
Kansas City, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
-$15.55 M (USD)
EBITDA
-$14.99 M (USD)
Employees
13
As of 2024
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Peer comparison for Cingulate

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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.

Company Name Domain Founded year HQ Location Description
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Innovates long-acting oral therapies to simplify patient medication regimens.
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Diagnostic solutions and neuroprotective medicines for neurological disorders are provided.
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AI-powered drug discovery platform for rare diseases is developed.
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Oral drug delivery solutions are provided via liquid technology platform.
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Oral thin film-based drug delivery systems are developed.
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Proprietary platform is utilized for extended-release CNS drug development.
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Detailed competitors of Cingulate

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Latest news on Cingulate

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Complete news archive for Cingulate

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Frequently Asked Questions about Cingulate

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

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

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

Cingulate is a funded company, having raised a total of $33M across 6 funding rounds to date.

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

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.

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

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

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

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

The ticker symbol of Cingulate is CING on NASDAQ.

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