# Praxis Precision Medicines funding: rounds and investors

> Praxis Precision Medicines has raised $575M across 1 round since 2026. Investors include Novo Holdings, Cormorant Asset Management and Adage Capital Management.

Source: https://millionrounds.com/company/praxis-precision-medicines (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$575M** raised across 1 round since 2026, from 1 source

- **Latest round:** Round, $575M Jan 2026
- **Investors:** 3

See who backed them

## The rounds

- **Jan 2026** Round **$575M** [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Source recorded

## Founders and team

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

**Steve Petrou** Co-Founder, President of Research & Development

- **Marcio Souza** President & Chief Executive Officer
- **Alyssa Wyant** Chief Regulatory & Quality Officer
- **Brian Spar** Chief of Staff
- **Karl Hansen** Chief Technical Operations Officer
- **Kelly McCue** Chief People Officer
- **Megan Sniecinski** Chief Operating Officer
- **Tim Kelly** Chief Financial Officer
- **Alex Nemiroff** General Counsel
- **Dean Mitchell** Chairman of the Board
- **Dr. Jeff Chodakewitz** Director
- **Dr. Merit Cudkowicz** Director
- **Greg Norden** Director
- **Jeffrey Kindler** Director
- **Jill Desimone** Director
- **Stuart Arbuckle** Director
- **Kiran Reddy** Executive Officer, Director i
- **Stuart Chaffee** Executive Officer i
- **William Young** Director

On the board, as filed i *Alfred Sandrock* *Ari Brettman* *Gregory Norden* *Nicholas Galakatos* *Paul Medeiros* *Stefan Vitorovic* *Thomas Dyrberg*

Advisers *Matt Might*

## Everyone who backed them

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **1** round

[Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Asset manager **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=praxis-precision-medicines).

## 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.

## Companies like Praxis Precision Medicines

In the same sector, and raised in the last eighteen months.

[**Clockout** $5.5M · Oct 2026](https://millionrounds.com/company/clockout)[**David** $325M · Sept 2026](https://millionrounds.com/company/david)[**Blueprint** $76M · Aug 2026](https://millionrounds.com/company/blueprint)[**Vayas360** $25M · Jun 2026](https://millionrounds.com/company/vayas360)[**NewLimit** $610M · Jun 2026](https://millionrounds.com/company/newlimit)[**Flawless Aesthetics** $399K · Jun 2026](https://millionrounds.com/company/flawless-aesthetics)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app