Mahana Therapeutics
ClosedFDA-cleared digital CBT for IBS and chronic gastrointestinal conditions
San Francisco, United States · Founded 2018 · $61.0M raised
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2018
- Business Model
- B2B2C
- Website
- mahana.com
- Total Funding
- $61.0M
- Last Round
- $61.0M Series BAug 2021
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Mahana Therapeutics was a San Francisco and London-based prescription digital therapeutics company co-founded in 2018 by Robert Paull and Simon Levy to deliver scalable, clinically validated cognitive behavioral therapy (CBT) for gastrointestinal disorders. Its flagship product, Mahana IBS (also called Parallel), was the first digital therapeutic to receive FDA clearance for the treatment of irritable bowel syndrome, delivering a structured 3-month CBT program via mobile app without requiring in-person visits. The company raised $61 million in a 2021 Series B led by JAZZ Venture Partners and Lux Capital, and subsequently signed a commercialization agreement with Bayer's Consumer Health division to expand market reach.
Summary
Mahana Therapeutics is a Biotech company based in San Francisco, United States, founded in 2018. It has raised $61.0M in total across 1 round, most recently a $61.0M Series B round in Aug 2021. Investors include Jazz Venture Partners, Gurnet Point Capital and Main Street Advisors.
Tech & App Stack
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Funding History
Aug 2021
Investors
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