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Sage Therapeutics is a biopharmaceutical company headquartered in Cambridge, Massachusetts and founded in 2010 by Douglas Covey and Steven Paul. The company develops medicines and therapies to treat disorders of the central nervous system.
On October 18, 2011 Sage Therapeutics closed their series A funding round with $35 million in funding from Third Rock Ventures.
On October 16, 2013 Sage Therapeutics closed their series B funding round with $20 million in funding from Third Rock Ventures and ARCH Venture Partners.
On March 13, 2014 Sage Therapeutics closed their series C funding round with $38 million in funding from Third Rock Ventures, OrbiMed, Foresite Capital, EcoR1 Capital, and ARCH Venture Partners.