Cerevance, LLC
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Cerevance, LLC - overview
Established
2016
Location
Boston, MA, US
Primary Industry
Biotechnology
About
Established in 2016 and based in Massachusetts, US, Cerevance, LLC researches and develops therapeutics for the treatment of neurological and psychiatric disorders. In April 2024, Cerevance, Inc. raised USD 47 million in Series B funding co-led by Agent Capital, Bioluminescence, and Double Point Ventures, including Gates Frontier, GV, Lightstone Ventures, MQB Partners, and LifeRock Ventures. As of 2024, the company is led by its CEO, Craig Thompson.
The company specializes in developing therapies for central nervous system (CNS) disorders using its proprietary NETSseq platform. This advanced technology utilizes human data and machine learning to identify targets in single cell types or those altered by disease, allowing for precision in treatment development. Cerevance's approach provides therapeutic options with minimal off-target effects, addressing some of the CNS conditions. The company’s pipeline, including the ASCEND study for Parkinson's disease, is at the forefront of precision neuroscience and CNS disorder treatment.
The organization plans to use the April 2024 funding to promote the development of a pipeline of innovative treatments for other CNS disorders and its Phase 3 clinical trial for CVN424.
Current Investors
Lightstone Ventures, Takeda Pharmaceutical, SV Health Investors
Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Mental Health Services, Pharmaceutical Research & Development
Website
www.cerevance.com/
Company Stage
Series B
Total Amount Raised
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