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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 319 active competitors, including 89 funded and 114 that have exited. Its top competitors include companies like BridgeBio, Alnylam and Alexion.

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
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
479 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Rhythm Pharmaceuticals's IPO details

Rhythm Pharmaceuticals got listed on Oct 05, 2017.
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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 10 institutional investors.

Here is the list of recent funding rounds of Rhythm Pharmaceuticals:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 01, 2024
5252192
Post IPO
3893443
7891265
3902285
7786460
Feb 16, 2017
5255130
Venture Debt
5293174
7048829
8650259
Jul 10, 2015
3647158
Grant (prize money)
1777944
7266573
5865551
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Rhythm Pharmaceuticals' founders and board of directors

Founder? Claim Profile
The 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:

Rhythm Pharmaceuticals' employee count trend

Rhythm Pharmaceuticals has 479 employees as of Jul 26. Here is Rhythm Pharmaceuticals's employee count trend over the years:
Employee count trend for Rhythm Pharmaceuticals
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Rhythm Pharmaceuticals's Competitors and alternates

Top competitors of Rhythm Pharmaceuticals include BridgeBio, Alnylam and Alexion. Here is the list of Top 10 competitors of Rhythm Pharmaceuticals, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BridgeBio
BridgeBio
2015, Palo Alto (United States), Public
Developer of therapeutics for the treatment of genetic diseases
$434M
81/100
2nd
Logo for Alnylam
Alnylam
2002, Cambridge (United States), Public
Developer of RNA interference-based therapeutics for multiple disorders
$17M
79/100
3rd
Logo for Alexion
Alexion
1992, Zurich (Switzerland), Acquired
Developer of therapies for patients with devastating and rare diseases
$133M
79/100
4th
Logo for PTC Therapeutics
PTC Therapeutics
1998, South Plainfield (United States), Public
Developer of small molecule drugs for the treatment of rare diseases
$248M
77/100
5th
Logo for Spark Therapeutics
Spark Therapeutics
2013, Philadelphia (United States), Acquired
Developer of gene therapy for rare diseases
$82.8M
73/100
6th
Logo for Blueprint Medicines
Blueprint Medicines
2008, Cambridge (United States), Acquired
Developer of selective kinase inhibitors for patients with genomically defined cancers
$115M
72/100
7th
Logo for Bluebird Bio
Bluebird Bio
1992, Cambridge (United States), Acquired
Developer of gene therapies for severe genetic and rare diseases
$136M
71/100
8th
Logo for Agios Pharmaceuticals
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
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
$84M
70/100
10th
Logo for Orchard Therapeutics
Orchard Therapeutics
2015, London (United Kingdom), Acquired
Developer of gene therapies for treating rare diseases
$440M
70/100
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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 geography:

News related to Rhythm Pharmaceuticals

lockFilter this list
Media has covered Rhythm Pharmaceuticals for a total of 35 events in the last 1 year, 26 of them have been about company updates.
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