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§ Private Profile · 780 Brannan, San Francisco, CA, United States
Clinical-stage biotechnology developing targeted therapeutics for mental health disorders using AI and machine learning.
BlackThorn Therapeutics has raised $130.0M across 3 funding rounds.
Key people at BlackThorn Therapeutics.
BlackThorn Therapeutics has raised $130.0M in total across 3 funding rounds.
BlackThorn Therapeutics is a San Francisco, California-based clinical-stage biotechnology company that develops targeted therapeutics for neurobehavioral health disorders using artificial intelligence and machine learning platforms. The organization analyzes complex neurobiological data to identify dysfunctional brain circuits and create patient-specific biomarkers for severe psychiatric conditions such as depression, schizophrenia, and obsessive-compulsive disorder. Prior to its acquisition, the enterprise secured significant total capital to fund its operations, including a $40 million initial launch round and a subsequent $76 million Series B financing to advance its clinical pipeline, which features the Phase 2 drug candidate BTRX-335140. This venture capital-funded drug development effort was backed by several prominent institutional investors, including ARCH Venture Partners, GV, Polaris Partners, and Johnson & Johnson Innovation. BlackThorn Therapeutics was originally founded in the year 2015 by scientific founders Edward Roberts and Hugh Rosen.
BlackThorn Therapeutics has raised $130.0M across 3 funding rounds. Most recently, it raised $76.0M Series B in June 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2019 | $76M Series B | — | ARCH Venture Partners, Biomatics Capital Partners, Ignition Partners, Polaris Partners, Vertex Ventures, Alexandria Venture Investments, Altitude Life Science Ventures, GV, Johnson & Johnson Innovation, Brian Chee, Premier Partners, Scripps Research, Lori HU | Announced |
| Jan 1, 2017 | $14M Series A | — | ARCH Venture Partners, Biomatics Capital Partners, Polaris Partners, Vertex Ventures, Blake Byers | Announced |
| Oct 1, 2016 | $40M Series A | ARCH Venture Partners | Alexandria Venture Investments, Altitude Life Science Ventures, Asish Xavier, Mercury Fund | Announced |
Key people at BlackThorn Therapeutics.
BlackThorn Therapeutics is a clinical-stage biopharmaceutical company founded in 2015, focused on developing precision medicines for central nervous system (CNS) disorders like schizophrenia and major depressive disorder using computational neuroscience and AI-driven platforms.[1][2][3] It built the PathFinder platform—a cloud-based tool for integrating multimodal data to identify novel targets, small-molecule drugs, and responsive patient subgroups—targeting dysfunctional brain circuits to overcome traditional drug discovery challenges in neurobehavioral health.[1][2] The company raised $130M total, including a $76M Series B round about five years ago, before being acquired, serving patients with brain disorders underserved by conventional therapies.[2][4]
BlackThorn Therapeutics was founded in 2015 in San Francisco by Alex Tkachenko (CEO) and Bill Martin (initially CSO, later CEO), who aimed to apply machine learning to neuropsychiatric drug discovery.[2][3] The idea emerged from advances in computational and clinical neuroscience, addressing gaps in understanding brain-behavior relationships for better-targeted CNS treatments.[1][3] Early traction included launching PathFinder and advancing preclinical candidates like an NMDA receptor modulator for schizophrenia, with additional programs in depression (some discontinued or pending).[1][2]
BlackThorn rode the convergence of AI, computational neuroscience, and precision medicine trends in biotech, timing its 2015 launch with rising data analytics capabilities to tackle CNS disorders—historically high-failure areas due to brain complexity.[1][2][3] Market forces like unmet needs in schizophrenia and depression (affecting millions) favored its platform, amid a boom in AI-biotech tools from peers like Alto Neuroscience and Neumora Therapeutics.[2] It influenced the ecosystem by pioneering data-driven patient stratification, accelerating targeted therapies and validating AI's role in de-risking neuropsychiatric R&D.[1][2]
Post-acquisition, BlackThorn's assets and PathFinder tech likely integrate into a larger entity's pipeline, amplifying impact on CNS precision medicine amid ongoing AI-biotech momentum.[2][4] Trends like multimodal data AI and brain circuit mapping will shape its legacy, potentially evolving into broader neuroscience platforms influencing diagnostics and therapies. This positions its approach as a foundational playbook for next-gen neuro drug developers, tying back to its mission of transforming brain disorder treatments through computation.[1][3]
BlackThorn Therapeutics has raised $130.0M in total across 3 funding rounds.
BlackThorn Therapeutics's investors include ARCH Venture Partners, Biomatics Capital Partners, Ignition Partners, Polaris Partners, Vertex Ventures, Alexandria Venture Investments, Altitude Life Science Ventures, Google Ventures, Johnson & Johnson Innovation, Brian Chee, Premier Partners, Scripps Research.