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Bright Minds Biosciences

Biotech & Life Sciences · New York City, United States · Founded 2017 · IPO 2021

Biotechnology company creating the next generation of psychedelics to treat mental health and other CNS disorders MoreLess

Bright Minds Bio is a biotechnology company focused on developing next-generation therapeutics aimed at improving the lives of patients suffering from severe and life-altering brain diseases. The company leverages its extensive experience in the biology of the serotonergic system to create highly targeted drugs that address specific patient populations unmet by current treatments.

Bright Minds Bio operates in the pharmaceutical and biotechnology market, primarily serving patients with conditions such as pain, seizures, and neuropsychiatric disorders. The company's business model revolves around drug discovery and development, where it creates new chemical entities (NCEs) and modifies existing molecules to enhance therapeutic properties while minimizing side effects.

Revenue is generated through the development and commercialization of these specialized drugs, often in partnership with larger pharmaceutical companies or through direct sales. The company also benefits from intellectual property rights and potential milestone payments and royalties from licensing agreements.

Keywords: biotechnology, serotonergic drugs, brain diseases, pain management, seizures, neuropsychiatric disorders, drug discovery, therapeutics, pharmaceutical, NCEs.

Valuation $515M
Total funding $10–50M

Company overview

Bright Minds Biosciences company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2017
Headquarters
New York City, United States
Employees
11
Open positions
None listed
Dealroom signal
53.8
client focusb2bsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorNeurologysectorMental HealthsectorSpinoutsectorTech for Biotech and PharmasectorBiotech and PharmasectorPsychedelic DrugssectorDT and LSsectorscience-based

Valuation & funding

Bright Minds Biosciences funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing May 2026 $0 B Group
POST IPO EQUITYOther financing Jan 2026 $100M Undisclosed
PRIVATE PLACEMENT VCEquity / VC Oct 2024 $35M Undisclosed
POST IPO EQUITYOther financing Dec 2023 $900K Undisclosed
PRIVATE PLACEMENT VCEquity / VC Dec 2022 $2M Undisclosed
POST IPO EQUITYOther financing Aug 2022 Undisclosed
IPOExit Feb 2021 Undisclosed
SEEDEquity / VC Nov 2020 Undisclosed
SPINOUTOther financing Nov 2017 University of Illinois Urbana Champaign
Showing 9 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $0 −$40M −$27M $8.1M
2025 $0 −$10M −$9M $8.1M
2024 $0 −$2M −$2.1M $865K
2023 $0 −$5.4M $3.7M
2022 $0 −$11M
2021 −$6.4M
2020 −$344K
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Bright Minds Biosciences website traffic

Latest recorded traffic for Bright Minds Biosciences is 4K monthly website visits, down 9.1% over the last three months. Bright Minds Biosciences's team grew 22.2% over the past year.

Latest monthly visits4K 3-month web change-9.1% 1-year team growth+22.2%
Monthly website visits62 observations · Dec 2020–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Bright Minds Biosciences compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Gilgamesh PharmaceuticalsProvides medicines for psychedelic, novel psychotropic drugs, depression, anxiety, and stress-related disorders New York City, United States Operational 35 $143M $240M
Syndeio BiosciencesDeveloping rapid-acting therapies to enhance synaptic health and treat CNS disorders through novel synapse pharmacology Indianapolis, United States Operational
Transcend TherapeuticsDeveloping the next generation of psychoactive compounds for neuropsychiatry focused on patient access New York City, United States Acquired
AviadoBioPrecision gene therapies for neurodegenerative disorders London, United Kingdom Operational
Ambagon TherapeuticsBiotechnology company developing small molecule drugs that target previously undruggable proteins for cancer treatment Eindhoven, Netherlands Operational
Alto NeuroscienceClinical-stage biopharmaceutical company that creates precision medicines through its AI-driven biomarker platform Los Altos, United States Operational
Definium TherapeuticsA psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness New York City, United States Operational
ATAI Life SciencesA biotechnology company pioneering mental health innovation Berlin, Germany Acquired
Showing 8 of the closest matchesCompare every metric →

Talent graph

Bright Minds Biosciences's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

4 investors on Bright Minds Biosciences's cap table

Sourced from Dealroom's funding and investor records.

Series B+ 1 investor entered at this stage
B Group
Other known 3 additional known investors
University of Illinois Urbana Champaign
Explorer Equity Group
Vine Ventures

Global footprint

Where Bright Minds Biosciences has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States71.4%
🇩🇰 Denmark14.3%
🇬🇧 United Kingdom14.3%
3 countries shown

In the news

Latest news about Bright Minds Biosciences

Recent press, funding announcements, and product moves mentioning Bright Minds Biosciences — open to read from the original sources.

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Market sentiment

What the market is saying about Bright Minds Biosciences

An AI-synthesized read of the highest-engagement posts about Bright Minds Biosciences on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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