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Tryp Therapeutics Inc.

Biotechnology / Psychedelic Medicine ~440 employees
Founded
--
Employees (Est.)
~440
22 leaders known
Total Funding
$10.8M
Funding Rounds
5
Last Funding
2023-11-20

About Tryp Therapeutics Inc.

Tryptamine Therapeutics Limited is a clinical-stage biotechnology company focused on developing transformative psychedelic medicine with known safety profiles for diseases with no effective first-line treatments. The company aims to pioneer a precision approach to psychedelics, targeting precise drug blood levels in patients, particularly through IV infusion of psilocin. Their mission is driven by patient outcomes, addressing unmet medical needs in areas like chronic pain and eating disorders.

Products & Services

IV Infusion of Psilocin (TRP-8803):A development focused on IV infusion of psilocin (active metabolite of psilocybin) to address limitations of orally administered psilocybin, providing rapid initiation and termination of the psychedelic experience with refined control over depth and duration, targeting conditions like fibromyalgia, binge eating disorder, depression, pain, and obsessive-compulsive disorders.
Synthetic Psilocybin Formulations:Proprietary formulations and novel manufacturing techniques for synthetic psilocybin and psilocin, aimed at reducing the time patients spend in the psychedelic state to improve their experience.

Specialties

Precision Psychedelic Therapy Neuropsychiatric Disorders Eating Disorders Chronic Pain Synthetic Psilocybin Development IV Infusion Techniques

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement of Unsecured Convertible Notes
T: -
FT: Private Placement of Unsecured Convertible Notes
A: 3215000
MR: -
FA: AUD$3,215,000
FAN: 3215000
D: 2023-11-20
FD: 2023-11-20
1 investors
2 RT: Convertible Note
T: -
FT: Convertible Note
A: 3000000
MR: -
FA: AUD$3.0 million
FAN: 3000000
D: 2023-11-02
FD: 2023-11-02
1 investors
3 RT: Convertible Debt
T: -
FT: Convertible Debt
A: 175000
MR: -
FA: AUD$175,000
FAN: 175000
D: 2023-10-11
FD: 2023-10-11
1 investors
4 RT: Convertible Debt
T: -
FT: Convertible Debt
A: 2400000
MR: -
FA: AUD$2,400,000
FAN: 2400000
D: 2023-04-27
FD: 2023-04-27
2 investors
5 RT: Debt
T: -
FT: Debt
A: 2000000
MR: -
FA: AUD$2,000,000
FAN: 2000000
D: 2023-04-12
FD: 2023-04-12
-
Private Placement of Unsecured Convertible Notes Latest
2023-11-20
$3.2M
1 investor (Pro only)
Convertible Note 2023-11-02
$3.0M
Convertible Debt 2023-10-11
$175K

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

J

Jason Carroll

Chief Executive Officer

LinkedIn (Pro only)
H

Hamish George

Chief Financial Officer

LinkedIn (Pro only)
J

Jim Gilligan

President & Chief Scientific Officer

LinkedIn (Pro only)
M

Michael Silverman

Chief Medical Officer

P

Peter Guzzo

VP, Drug Development

H

Herwig Janssen

Chairman

View 19 more team members with Pro

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Recent News

Tryp Therapeutics Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Biotechnology / Psychedelic Medicine
Company Size
~440 employees (est.)

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