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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 302 active competitors, including 82 funded and 110 that have exited. Its top competitors include companies like Alnylam, BridgeBio 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
$190M as on Dec 31, 2025
Employee Count
466 as on Apr 30, 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
2912842
Post IPO
5435500
6063355
3746925
9303576
Feb 16, 2017
9099326
Venture Debt
8020710
8494511
3441193
Jul 10, 2015
5274414
Grant (prize money)
4285638
5027377
7738433
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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 466 employees as of Apr 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 Alnylam, BridgeBio 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 Alnylam
Alnylam
2002, Cambridge (United States), Public
Developer of RNA interference-based therapeutics for multiple disorders
$17M
79/100
2nd
Logo for BridgeBio
BridgeBio
2015, Palo Alto (United States), Acquired
Developer of therapeutics for the treatment of genetic diseases
$434M
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 Spark Therapeutics
Spark Therapeutics
2013, Philadelphia (United States), Acquired
Developer of gene therapy for rare diseases
$82.8M
76/100
5th
Logo for MannKind Corp
MannKind Corp
1991, Los Angeles (United States), Public
Developer of small-molecule drugs
$50M
72/100
6th
Logo for Fulcrum Therapeutics
Fulcrum Therapeutics
2015, Cambridge (United States), Public
Developing small molecules for control mechanisms and genes regulation for the treatment of rare diseases
$115M
70/100
7th
Logo for Orchard Therapeutics
Orchard Therapeutics
2015, London (United Kingdom), Acquired
Developer of gene therapies for treating rare diseases
$440M
70/100
8th
Logo for Bluebird Bio
Bluebird Bio
1992, Cambridge (United States), Acquired
Developer of gene therapies for severe genetic and rare diseases
$136M
70/100
9th
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
10th
Logo for Entrada Therapeutics
Entrada Therapeutics
2016, Boston (United States), Public
Developer of the biologics-based platform to treat rare diseases
$175M
69/100
20th
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
$84M
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 sector:

News related to Rhythm Pharmaceuticals

lockFilter this list
Media has covered Rhythm Pharmaceuticals for a total of 42 events in the last 1 year, 27 of them have been about company updates.
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FAQs about Rhythm Pharmaceuticals

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