United States · Funded startup

Who invested in Praxis Precision Medicines

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Wellness

Raised 10 months ago

Funding summaryUpdated 26 Oct 2026

$575Mraised across 1 round since 2026, from 1 source

Latest round
Round, $575MJan 2026
Investors
3
See who backed them

The rounds

  1. Jan 2026

Founders and team

From Praxis Precision Medicines's own website and the SEC filings it signed: 1 founder, 18 on the team.

Steve PetrouCo-Founder, President of Research & Development
  • Marcio SouzaPresident & Chief Executive Officer
  • Alyssa WyantChief Regulatory & Quality Officer
  • Brian SparChief of Staff
  • Karl HansenChief Technical Operations Officer
  • Kelly McCueChief People Officer
  • Megan SniecinskiChief Operating Officer
  • Tim KellyChief Financial Officer
  • Alex NemiroffGeneral Counsel
  • Dean MitchellChairman of the Board
  • Dr. Jeff ChodakewitzDirector
  • Dr. Merit CudkowiczDirector
  • Greg NordenDirector
  • Jeffrey KindlerDirector
  • Jill DesimoneDirector
  • Stuart ArbuckleDirector
  • Kiran ReddyExecutive Officer, Directori
  • Stuart ChaffeeExecutive Officeri
  • William YoungDirector

On the board, as filediAlfred SandrockAri BrettmanGregory NordenNicholas GalakatosPaul MedeirosStefan VitorovicThomas Dyrberg

AdvisersMatt Might

Everyone who backed them

Novo HoldingsVC firm1round
Cormorant Asset ManagementPrivate equity1round
Adage Capital ManagementAsset manager1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Praxis Precision Medicines

Who invested in Praxis Precision Medicines?

Praxis Precision Medicines's investors include Novo Holdings, Cormorant Asset Management and Adage Capital Management.

How much has Praxis Precision Medicines raised?

Praxis Precision Medicines has raised $575M across 1 round since 2026.

When did Praxis Precision Medicines last raise?

Praxis Precision Medicines's most recent round was an Undisclosed round of $575M in Jan 2026.

What was Praxis Precision Medicines's biggest round?

Its most recent round, $575M in Jan 2026, is also its largest on record.

Who backed Praxis Precision Medicines first?

Praxis Precision Medicines's first round on record, in Jan 2026, was backed by Novo Holdings, Cormorant Asset Management and Adage Capital Management.

What stage is Praxis Precision Medicines at?

Praxis Precision Medicines's latest named round is an Undisclosed round, in Jan 2026.

Where is Praxis Precision Medicines based?

Praxis Precision Medicines is based in the United States.

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