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Palo Santo

Central Avenue, Highland Park, IL, 60035, United States

Overview

Investment fund focused on mental health and psychedelic treatments.

Founded

2020

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Seed
Series A
Series B

Geographic focus

Australia
Canada
United Kingdom
United States

Sector focus

Biopharma
Biotechnology
Health Care
Pharmaceutical
...

Investment portfolio

13rounds
NAMEDATESIZE
Beacon Biosignals
Apr 2026Participated
$11 MSeries B
Psylo
Jun 2024Participated
$8 MSeed
Reunion Neuroscience
May 2024Participated
$103 MSeries A
Journey Clinical
Jan 2023Participated
$9 MSeries A
Gilgamesh Pharmaceuticals
Dec 2022Participated
$39 MSeries B
Sensorium Therapeutics
Nov 2022Participated
$30 MSeries A
Fluence
Feb 2022Led
$3 MSeed
wavepaths
Nov 2021Participated
$5 MSeed
Delix Therapeutics
Sep 2021Participated
$70 MSeries A
Journey Clinical
Sep 2021Participated
$3 MSeed
Beckley Psytech
Aug 2021Participated
$80 MSeries B
Ksana Health
Jun 2021Participated
$2 MSeed
Beacon Biosignals
Apr 2026Participated
$11 MSeries B
Psylo
Jun 2024Participated
$8 MSeed
Reunion Neuroscience
May 2024Participated
$103 MSeries A
Journey Clinical
Jan 2023Participated
$9 MSeries A
Gilgamesh Pharmaceuticals
Dec 2022Participated
$39 MSeries B
Sensorium Therapeutics
Nov 2022Participated
$30 MSeries A
Fluence
Feb 2022Led
$3 MSeed
wavepaths
Nov 2021Participated
$5 MSeed
Delix Therapeutics
Sep 2021Participated
$70 MSeries A
Journey Clinical
Sep 2021Participated
$3 MSeed
Beckley Psytech
Aug 2021Participated
$80 MSeries B
Ksana Health
Jun 2021Participated
$2 MSeed
13
Items
...
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Insights

Time horizon

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Deal Distribution

Palo Santo: 13 funding rounds are recorded in the selected participation categories.All available history.
Palo Santo: 13 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Series A05
Series B03

Monthly Deal Activity

Palo Santo: 13 deals are recorded across 66 months.All available history.
Palo Santo: 13 deals are recorded across 66 months. All available history
MonthDeals
May '211
Jun '211
Jul '210
Aug '211
Sep '212
Oct '210
Nov '211
Dec '210
Jan '220
Feb '221
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '221
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Palo Santo: Health & Life Sciences is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Palo Santo: Health & Life Sciences is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Health & Life Sciences13
Hardware & Robotics1
Education & Workforce1
Enterprise Software1
AI & Machine Learning1
Space & Frontier Tech1

Deal Size Distribution

Palo Santo: 13 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Palo Santo: 13 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M2
$10M-$25M1
$25M-$50M3
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Palo Santo: United States has the largest recorded deal count among the displayed regions (9 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Palo Santo: United States has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
United States9
Europe2
Australia1
Canada1
Palo Santo: 20 co-investors are shown, with JLS Fund sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Palo Santo: 20 co-investors are shown, with JLS Fund sharing 3 recorded deals. All available history
Co-investorShared deals
JLS Fund3
Negev Capital3
Neo Kuma Ventures3
Prime Movers Lab3
PsyMed Ventures3
re.Mind Capital3
Route 66 Ventures3
WPSS3
Apeiron Investment Group2
Fifty Years2
Gaingels2
Gron Ventures2
Iter Investments2
Lionheart Ventures2
Mystic Ventures2
Noetic Fund2
Ocama Partners2
Satori Neuro2
Able Partners1
Adage Capital Management1

Investment Strategy

Palo Santo: Led accounts for 8% and participating for 92% of round participation.All available history.
Palo Santo: Led accounts for 8% and participating for 92% of round participation. All available history
CategoryDeals (count)Share (%)
Led18%
Participating1292%
Palo Santo: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Palo Santo: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Daniel Goldberg

Founder