Rhythm Pharmaceuticals - About the company
Rhythm Pharmaceuticals is a public company based in Boston (United States), founded in 2010 by Bart Henderson. It operates as a Developer of peptide therapeutics for the treatment of rare genetic deficiencies. Rhythm Pharmaceuticals has raised $84M in funding from Third Rock Ventures and Pfizer Venture Investments. The company has 323 active competitors, including 88 funded and 116 that have exited. Its top competitors include companies like BridgeBio, Alnylam and PTC Therapeutics.
Company Details
Developer of peptide therapeutics for the treatment of rare genetic deficiencies. It offers a lead peptide product candidate setmelanotide which is a potent, first-in-class melanocortin-4 receptor (MC4R) agonist for the treatment of Prader-Willi syndrome (PWS) and pro-opiomelanocortin deficiency obesity.
- Email ID
- *****@rhythmtx.com
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2010
Location
Boston, United States
Stage
Public
Total Funding
$84M in 9 rounds
Latest Funding Round
Investors
Ranked
9th among 323 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
510 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Rhythm Pharmaceuticals
Rhythm Pharmaceuticals is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RHYTHM PHARMAEUTICALS CIN: 0798.109.961 , Belgium, Active | Feb 01, 2023 | - | - | - |
Rhythm Pharmaceuticals, Inc. CIN: 1649904 , United States, Active | Feb 25, 2013 | $100M - $500M (As on Dec 31, 2025) | - | - |
Rhythm Pharmaceuticals Inc CIN: 462159271 , United States, Active | Dec 31, 1999 | - | 191 (As on Dec 31, 2024) | - |
Rhythm Pharmaceuticals's IPO details
Rhythm Pharmaceuticals got listed on Oct 05, 2017.
Click here to take a look at Rhythm Pharmaceuticals's IPO in detail
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Rhythm Pharmaceuticals's funding and investors
Rhythm Pharmaceuticals has raised a total funding of $84M over 9 rounds. Its first funding round was on Mar 15, 2010. Its latest funding round was a Post IPO round on Apr 01, 2024 for $*****. 1 investor participated in its latest round. Rhythm Pharmaceuticals has 11 institutional investors.
Here is the list of recent funding rounds of Rhythm Pharmaceuticals:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 01, 2024 | 6839154 | Post IPO | 2153028 | 2657274 | 9267249 | 4247422 |
Feb 16, 2017 | 9340510 | Venture Debt | 5111934 | 2072093 | 7154019 | |
Jul 10, 2015 | 5284099 | Grant (prize money) | 6632330 | 4180675 | 7912393 |
View details of Rhythm Pharmaceuticals's funding rounds and investors
Rhythm Pharmaceuticals' founders and board of directors
Founder? Claim ProfileThe founders of Rhythm Pharmaceuticals is Bart Henderson. David Meeker is the CEO of Rhythm Pharmaceuticals.
Here are the details of Rhythm Pharmaceuticals' key team members:
- Bart Henderson: Former Founder & President of Rhythm Pharmaceuticals and founder of 1 other company.
- David Meeker: CEO of Rhythm Pharmaceuticals. Contact Info: 1 email address
View details of Rhythm Pharmaceuticals's Founder profiles and Board Members
Rhythm Pharmaceuticals' employee count trend
Rhythm Pharmaceuticals has 510 employees as of Sep 26. Here is Rhythm Pharmaceuticals's employee count trend over the years:
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Rhythm Pharmaceuticals's Competitors and alternates
Top competitors of Rhythm Pharmaceuticals include BridgeBio, Alnylam and PTC Therapeutics. Here is the list of Top 10 competitors of Rhythm Pharmaceuticals, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BridgeBio 2015, Palo Alto (United States), Public | Developer of therapeutics for the treatment of genetic diseases | $434M | 81/100 | |
2nd | Alnylam 2002, Cambridge (United States), Public | Developer of RNA interference-based therapeutics for multiple disorders | $17M | 79/100 | |
3rd | PTC Therapeutics 1998, South Plainfield (United States), Public | Developer of small molecule drugs for the treatment of rare diseases | $248M | 77/100 | |
4th | Alexion 1992, Zurich (Switzerland), Acquired | Developer of therapies for patients with devastating and rare diseases | $133M | 74/100 | |
5th | Spark Therapeutics 2013, Philadelphia (United States), Acquired | Developer of gene therapy for rare diseases | $82.8M | 73/100 | |
6th | Blueprint Medicines 2008, Cambridge (United States), Acquired | Developer of selective kinase inhibitors for patients with genomically defined cancers | $115M | 71/100 | |
7th | Bluebird Bio 1992, Cambridge (United States), Acquired | Developer of gene therapies for severe genetic and rare diseases | $136M | 71/100 | |
8th | Agios Pharmaceuticals 2008, Cambridge (United States), Public | Developer of therapeutics in the field of cancer metabolism and rare genetic disorders of metabolism | $120M | 70/100 | |
9th | Rhythm Pharmaceuticals 2010, Boston (United States), Public | Developer of peptide therapeutics for the treatment of rare genetic deficiencies | $84M | 70/100 | |
10th | MannKind Corp 1991, Los Angeles (United States), Public | Developer of small-molecule drugs | $50M | 70/100 |
Looking for more details on Rhythm Pharmaceuticals's competitors? Click here to see the top ones
Rhythm Pharmaceuticals's Investments and acquisitions
Rhythm Pharmaceuticals has acquired Xinvento. Rhythm Pharmaceuticals has not made any investments as of now.Reports related to Rhythm Pharmaceuticals
Here is the latest report on Rhythm Pharmaceuticals's sector:
News related to Rhythm Pharmaceuticals
Media has covered Rhythm Pharmaceuticals for a total of 30 events in the last 1 year, 21 of them have been about company updates.
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Rhythm Pharmaceuticals Reports Second Quarter 2026 Financial Results and Business UpdateGlobeNewswire•Aug 04, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals Announces The New England Journal of Medicine Publication of Phase 3 TRANSCEND Trial Results in Acquired HyGlobeNewswire•Jul 09, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals Announces The New England Journal of Medicine Publication of Phase 3 ...Hastingstribune•Jul 08, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals Announces That Results From Its Pivotal Phase 3 TRANSCEND Trial Evaluating SetmelaBenzinga•Jul 08, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals, Inc. $RYTM Position Trimmed by Polar Capital Holdings PlcThecerbatgem•Jun 17, 2026•Rhythm Pharmaceuticals, Polar Capital
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Rhythm Pharmaceuticals Presents Positive Interim Six-Month Data from Phase 2 Trial of Setmelanotide in Patients with Prader-WilliGlobeNewswire•Jun 13, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals Reports First Quarter 2026 Financial Results and Business UpdateGlobeNewswire•May 05, 2026•Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals' IMCIVREE® Granted European Commission Marketing Authorization for Obesity and Hunger Control in Acquired HGlobeNewswire•May 01, 2026•Rhythm Pharmaceuticals
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M&T Bank Corp Invests $9.20 Million in Rhythm Pharmaceuticals, Inc. $RYTMMarketBeat•Apr 25, 2026•Rhythm Pharmaceuticals, M&T Bank
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Rhythm Pharma Receives Positive CHMP Opinion for IMCIVREE for Acquired HOGlobeNewswire•Mar 26, 2026•Rhythm Pharmaceuticals
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