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Seaport Therapeutics - About the company

Seaport Therapeutics is a public company based in Boston (United States), founded in 2020 by Daphne Zohar and Steven Paul. It operates as a Developer of therapeutics to treat neuropsychiatric disorders. Seaport Therapeutics has raised $325M in funding from investors like General Atlantic, T. Rowe Price and Sofinnova Investments. The company has 96 active competitors, including 21 funded and 24 that have exited. Its top competitors include companies like Alto Neuroscience, Enveda and Vanda Pharmaceuticals.

Company Details

Developer of therapeutics to treat neuropsychiatric disorders. The company is advancing a pipeline of novel neuropsychiatric medicines powered by its proprietary Glyph Technology which leverages the lymphatic system to create medicines building on clinically validated mechanisms. The company's product line include SPT-300 which is an oral prodrug of allopregnanolone, an endogenous neurosteroid, in development for the treatment of anxious depression.
Social
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Email ID
*****@seaporttx.com
Key Metrics
Founded Year
2020
Location
Boston, United States
Stage
Public
Total Funding
$325M in 2 rounds
Latest Funding Round
Ranked
Employee Count
75 as on Aug 31, 2026
Similar Companies
Exit Details
Public

Seaport Therapeutics's IPO details

Seaport Therapeutics got listed on May 01, 2026.
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Seaport Therapeutics's funding and investors

Seaport Therapeutics has raised a total funding of $325M over 2 rounds. Its first funding round was on Apr 09, 2024. Its latest funding round was a Series B round on Oct 18, 2024 for $*****. 8 investors participated in its latest round. Seaport Therapeutics has 9 institutional investors.

Here is the list of recent funding rounds of Seaport Therapeutics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 18, 2024
4236345
Series B
1354099
8142264
6404594
3711700
Apr 09, 2024
2947756
Series A
8070747
4139776
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Seaport Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of Seaport Therapeutics are Daphne Zohar and Steven Paul. Daphne Zohar is the CEO of Seaport Therapeutics.
Here are the details of Seaport Therapeutics' key team members:

Seaport Therapeutics' employee count trend

Seaport Therapeutics has 75 employees as of Aug 26. Here is Seaport Therapeutics's employee count trend over the years:
Employee count trend for Seaport Therapeutics
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Seaport Therapeutics's Competitors and alternates

Top competitors of Seaport Therapeutics include Alto Neuroscience, Enveda and Vanda Pharmaceuticals. Here is the list of Top 10 competitors of Seaport Therapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Alto Neuroscience
Alto Neuroscience
2019, San Francisco (United States), Public
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
$145M
68/100
2nd
Logo for Enveda
Enveda
2019, Boulder (United States), Series D
AI-based platform to decipher the chemistry of nature and develop new medicines
$517M
63/100
3rd
Logo for Vanda Pharmaceuticals
Vanda Pharmaceuticals
2003, Washington, DC (United States), Public
Developer of pharmaceutical products for treating CNS disorders
$33.5M
62/100
4th
Logo for Beckley Psytech
Beckley Psytech
2019, Oxford (United Kingdom), Series B
Developer of rapid-acting psychedelic medicines for mental health disorders
$153M
62/100
5th
Logo for Seaport Therapeutics
Seaport Therapeutics
2020, Boston (United States), Public
Developer of therapeutics to treat neuropsychiatric disorders
$325M
60/100
6th
Logo for Supernus Pharmaceuticals
Supernus Pharmaceuticals
2005, Rockville (United States), Public
Innovating CNS treatments, improving lives through neurological and psychiatric solutions
-
59/100
7th
Logo for HMNC Brain Health
HMNC Brain Health
2010, Munich (Germany), Series B
Developer of targeted therapies for depression and other neuropsychiatric disorders
$41.5M
55/100
8th
Logo for Reunion Neuroscience
Reunion Neuroscience
2022, Toronto (Canada), Acquired
Developer of therapeutics for mental health conditions
$120M
54/100
9th
Logo for Neurovance
Neurovance
2011, Cambridge (United States), Acquired
Drug to modulate neurochemicals to treat Attention Deficit Hyperactivity Disorder .
$53M
53/100
10th
Logo for Reviva Pharmaceuticals
Reviva Pharmaceuticals
2006, San Jose (United States), Public
Develops therapeutic drugs for treatment of central nervous system
$49.1M
53/100
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Seaport Therapeutics's Investments and acquisitions

Seaport Therapeutics has made no investments or acquisitions yet.

Reports related to Seaport Therapeutics

Here is the latest report on Seaport Therapeutics's sector:

News related to Seaport Therapeutics

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Media has covered Seaport Therapeutics for a total of 15 events in the last 1 year, 7 of them have been about company updates and 2 about people movement.
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