Neurovance

Cambridge, United States Founded: 2011 • Age: 15 yrs Acquired By Otsuka
Neurochemical modulators for ADHD treatment are developed by Neurovance.

About Neurovance

Neurovance is a company based in Cambridge (United States) founded in 2011 was acquired by Otsuka in March 2017. Neurovance has raised $53.03 million across 6 funding rounds from investors including Otsuka, Tekla Capital Management and Venture Investors. The company has 7 employees. Neurovance operates in a competitive market with competitors including Alto Neuroscience, Supernus Pharmaceuticals, Newron Pharmaceuticals, Reunion Neuroscience and Cerecor, among others.

  • Headquarter Cambridge, United States
  • Employees 7
  • Sectors
    Healthcare
  • Website neurovance.com
  • Acquired by Otsuka (Mar 2017)
Operational Areas
Key Metrics
  • Total Equity Funding
    $53.03M (USD)

    in 6 rounds

  • Latest Funding Round
    $554.28K (USD), Series B

    Jan 2017

  • Investors
    Otsuka

    & 5 more

  • Employee Count
    7
  • Acquired by
    Otsuka

    (Mar 2017)

Funding Insights of Neurovance

Neurovance has successfully raised a total of $53.03M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $554.28 thousand completed in January 2017. 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 $53.03M
  • Total Rounds 6
  • Last Round Series B β€” $554,280
  • First Round $478,064

    (May 2012)

  • Investors Count 5

All 6 funding rounds of Neurovance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$554,280Series B––
–
Dec 2016$7.5MSeries B––
–
Jun 2015$26.5MSeries B––
–
Mar 2014$10.5MSeries B–Venture Investors, GBS
–
Oct 2013$7.5MSeries A–Novartis Venture Fund
May 2012$478,064Seed–GBS, Venture Investors
–
Valuation history

6 investors in total: 6 institutional.

Investors in Neurovance

Neurovance has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Otsuka, Tekla Capital Management and Venture Investors.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia
–ventureinvestors.comMadison, United States
-
–gbsventures.com.au-
Investments are made in innovative life science companies globally.
–nvfund.comBasel, Switzerland
Investment advisory services are provided to financial clients.
1986teklacap.comBoston, United States
-
–swib.state.wi.us-
Generic pharmaceuticals and nutraceuticals are manufactured and marketed by Otsuka.
1921otsuka.comChiyoda City, Japan
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Investor details for Neurovance

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  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of Neurovance

130 people are tracked at Neurovance (88 in leadership, 42 in team); the tracked headcount is 7.

NameRoleGroup
Tarek Rabah
President & CEO, Otsuka North AmericaLeadership
Theresa Menders
Chief Of Staff And Senior Director, HR Strategic ProgramsLeadership
Neveen Abou-Gharbia
Executive Director, CNS Marketing Brand Lead (mdd/ptsd)Leadership
Tarolyn Carlton
Senior Director, Global Medical Affairs, Digital Medicine & Digital TherapeuticsLeadership
Zia Haque
Senior Director. Head, Data ManagementLeadership
Shannon Addington
Director Field Strategy And OperationsLeadership
Wyatt Vrancken
Associate Director, Central Nervous System (cns) Brand & Sales AnalyticsLeadership
Lindsey Bechtel
Director Data ManagementLeadership
Jeff Cochran
Director, Data ScientistLeadership
John Kraus
EVP & Chief Medical OfficerLeadership
Tifani McCann
Vp, Head Of Data & Analytics, Chief Data & Analytics OfficerLeadership
Abhinandan Raghavan
Director of Real World and Clinical Data ScienceLeadership
Sheenie A.
Senior Director, Global Marketing & Market AccessLeadership
Soham Shah
Director, Commercial Insights & AnalyticsLeadership
Cara Klose
Director, HR Business PartnerLeadership
Jin Tong
Director, Forecasting & Commercial AnalyticsLeadership
Louis Allesandrine
VP & Commercial Franchise Head, NephrologyLeadership
Junea Williams-Edmund
Director, Corporate CounselLeadership
Chelsea Martino
Director, Compliance CounselLeadership
Steve Rosen
VP & CFOLeadership

110 more people are available in the full profile.

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Complete people profiles for Neurovance

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Neurovance

4 dated milestones of Neurovance across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neurovance is founded.
  2. Funding First funding round of $478K.
  3. Funding Latest funding round, Series B, of $554K.
  4. Exit Acquired by Otsuka.

Competitors of Neurovance

Neurovance 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 Alto Neuroscience, Supernus Pharmaceuticals, Newron Pharmaceuticals, Reunion Neuroscience and Cerecor, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
altoneuroscience.com2019San Francisco, United States$144.72M34
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
supernus.com2005Rockville, United States–652
Specialty pharmaceutical products for CNS diseases are developed and commercialized.
newron.com1999Milan, Italy$54.94M–
Therapies for central nervous system diseases and pain are developed.
reunionneuro.com2022Toronto, Canada$103M–
Therapeutics for mental health conditions are developed using serotonergic psychedelics.
cerecor.com2011Baltimore, United States$45.2M20
Therapeutics for immunological and neurological disorders are developed.
seaporttx.com2020Boston, United States$325M–
Novel therapeutics for neuropsychiatric disorders are developed using proprietary technology.
vandapharma.com2003–$33.5M203
Pharmaceutical products for CNS disorders are developed and commercialized.
hmnc-brainhealth.com2010Munich, Germany$24.64M–
Targeted therapies and personalized tests for neuropsychiatric disorders are developed.
evecxia.com2013Durham, United States$14.85M–
Therapies for CNS disorders are developed by Evecxia Therapeutics.
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Detailed competitors of Neurovance

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  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Latest news on Neurovance

VC-backed Neurovance taps Goff as COO
Pehub β€’ 9 years ago
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Complete news archive for Neurovance

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Neurovance

10 companies that operate in the same segment as Neurovance (Neurology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Novel biopharmaceutical medicines are developed for unmet medical needs.
2003Dublin, IrelandUSD 265 MUSD 4.27 B2,800
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Developer of therapeutics for psychiatric and neurologic diseases
2002New York, New York, United StatesUSD 80.87 MUSD 250.31 M600
Biologics platform developed for intracellular delivery in rare diseases.
2016Boston, Massachusetts, United StatesUSD 175.25 MUSD 25.42 M183
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
MR-interfaced ultrasound devices for cancer and neurology treatments are provided.
1999Tirat Carmel, Haifa District, IsraelUSD 574.2 M––
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
2019San Francisco, California, United StatesUSD 144.72 M–76
Small molecule drugs for rare diseases are developed.
1998South Plainfield, New Jersey, United StatesUSD 248.1 MUSD 1.73 B939
Developer of small molecule therapeutics for endocrine and CNS disorders
1992San Diego, California, United StatesUSD 10 MUSD 2.86 B1,800
Developer of antibodies to treat complement-mediated neurodegenerative diseases
2011San Francisco, California, United StatesUSD 256 M–100
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Frequently Asked Questions about Neurovance

Neurovance was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Neurovance is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Neurovance is a funded company, having raised a total of $53.03M across 6 funding rounds to date. The company's 1st funding round was a Seed of $478.06K, raised on May 2012.

Neurovance has 7 employees.

Neurovance was established in 2011 in Cambridge, United States, as a clinical-stage company in the neuroscience sector. Centanafadine, a triple reuptake inhibitor targeting norepinephrine, dopamine, and serotonin, is advanced for adult ADHD management. An extended-release formulation of this compound is under development for adolescent and pediatric ADHD to support improvements in attention and executive function.

Neurovance's top competitors include Alto Neuroscience, Supernus Pharmaceuticals and Newron Pharmaceuticals.

Neurovance has 6 investors. Key investors include Otsuka, Tekla Capital Management, Venture Investors, GBS, and Novartis Venture Fund.

Yes. Neurovance was acquired by Otsuka in March 2017.

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