Neuraly Inc. logo — We discover and develop revolutionary treatments for neurode...

Neuraly Inc.

We discover and develop revolutionary treatments for neurodegenerative diseases

Founded 2016 United States Gaithersburg, United States 17 employees Series A Total: $36.00M Biotechnology, Health Care

General Information

Company Name Neuraly Inc.
Founded Year 2016
Location United States Gaithersburg, United States
Employees 17
Industries Biotechnology, Health Care
Funding Stage Series A
Social

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About Neuraly Inc.

Neuraly Inc. is a clinical-stage biotechnology company founded in 2016, with a focus on developing groundbreaking treatments for neurodegenerative diseases. Their mission, as stated in their slogan, "We discover and develop revolutionary treatments for neurodegenerative diseases," underscores their commitment to transforming scientific discoveries into life-changing drugs. The company's area of focus lies in understanding the role of glia biology in neuroinflammation and neuroprotection, with the aim of diversifying their product portfolio to target conditions such as Parkinson’s disease (PD) and Alzheimer’s disease (AD). Their most recent milestone includes a significant $36.00M Series A investment on 18 July 2018, with a consortium of prominent investors including Maryland Venture Fund, LB Investment, Smilegate Investment, InterVest, Magna Investment, Geon Investment, Octave Life Sciences, D&D Pharmatech, and DongKoo Bio&Pharma. This level of investment reflects the confidence and interest from the venture capital community in Neuraly's innovative approach and potential impact in the biotechnology and healthcare sectors, particularly in addressing critical unmet needs in neurodegenerative diseases. Based in the United States, Neuraly Inc. is poised to make significant strides in reshaping the landscape of neurology with its risk-diversified product portfolio, offering hope for patients and promising opportunities for investors.

Business keywords: neurodegenerative diseases, drug development, neurology, biotech, neuroscience, clinical-stage company, glia biology, neuroinflammation, neuroprotection, PD, AD, NLY01, patents, Neuraly

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $36.00M 9
Maryland Venture Fund, LB Investment +7
18 Jul 2018
Angel Round Undisclosed 1
Boston Harbor Angels
01 Sep 2016

Neuraly Inc. Alternatives & Competitors

View All Alternatives
Neuraly Inc. vs
Neurotrope Inc.
Neurotrope Inc. United States

Developing a new approach to combating Alzheimer's disease and other neurodegenerative diseases.

Series A
3 employees
Biotechnology, Health Care
Neuraly Inc. vs
Vigil Neuroscience
Vigil Neuroscience United States

Harnessing the power of microglia to transform treatments for neurodegenerative diseases

Acquired
76 employees
Biotechnology, Health Care
Neuraly Inc. vs

Advancing Accessible Solutions for Complex Neurodegenerative Diseases

IPO
29 employees
Biotechnology, Health Care

FAQ About Neuraly Inc.

We discover and develop revolutionary treatments for neurodegenerative diseases
Neuraly Inc. was founded in 2016.
Neuraly Inc. is headquartered in Gaithersburg, United States.
Neuraly Inc. operates in Biotechnology and Health Care. Its work centres on neurodegenerative diseases, drug development, neurology and biotech.
Neuraly Inc. has approximately 17 employees.
Neuraly Inc. has completed 2 funding rounds, raising a total of $36.00M. The latest funding stage is Series A.
Top alternatives and competitors to Neuraly Inc. include Neurotrope Inc., Vigil Neuroscience, Cognition Therapeutics, Inc., Prilenia, Cavion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Neuraly Inc. and Neurotrope Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Neuraly Inc., https://bouncewatch.com/company/neuraly-inc, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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