Karuna Therapeutics

Pushing the boundaries of neuroscience to transform the treatment of mental illness.

General Information
Company Name
Karuna Therapeutics
Founded Year
2009
Location (Offices)
Boston, United States +2
Founders / Decision Makers
Number of Employees
192
Industries
Biopharma, Health Care, Health and Wellness
Funding Stage
Private Equity
Social Media

Karuna Therapeutics - Company Profile

Karuna Therapeutics, a biopharmaceutical company founded in 2009, is making waves in the healthcare industry with its groundbreaking approach to treating mental illness. With the slogan "Pushing the boundaries of neuroscience to transform the treatment of mental illness," Karuna Therapeutics has garnered significant attention. In March 2023, the company received a remarkable $460.00M Post-IPO Equity investment, marking a pivotal moment for its growth and development. Notably, Karuna Therapeutics recently became a part of Bristol Myers Squibb, a move that signifies a new chapter in the company's journey of transforming the lives of patients with neurological and neuropsychiatric diseases. Through this partnership, the company is poised to amplify its impact and reach, positioning itself as a key player in the biopharma and healthcare sectors. The company's relentless commitment to pushing the boundaries of neuroscience sets it apart in the industry, promising innovative solutions to addressing mental health challenges. With its headquarters based in the United States, Karuna Therapeutics continues to drive forward, leveraging its expertise and resources to create meaningful change in the field of mental healthcare. For more information on the company's ongoing endeavors and its collaboration with Bristol Myers Squibb, visit their website at www.bms.com.

Taxonomy: neuroscience, biopharmaceutical, treatment development, psychiatric drugs, neurological drugs, schizophrenia treatment, Alzheimer's disease, neurological conditions, psychiatric conditions, drug development, innovation, mental health treatment, pharmaceutical research, neuropsychiatric diseases

Funding Rounds & Investors of Karuna Therapeutics (8)

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Funding Stage Amount No. Investors Investors Date
Private Equity $14.00B 1 Bristol Myers Squibb 15 Jan 2025
Post-IPO Equity $460.00M - 21 Mar 2023
Post-IPO Equity $750.00M - 09 Aug 2022
Post-IPO Equity $270.00M - 01 Mar 2021
Series B $68.00M 10 18 Mar 2019

View All 8 Funding Rounds

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