Diligence memo · auto-generated · as of July 2, 2026

65 Therapeutics, Inc.

65 Therapeutics, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

65 Therapeutics, Inc. operates in Pharmaceuticals, based in SOMERVILLE.

Sub-sector tags: pharma.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

65 Therapeutics, Inc. has raised $4.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $4.5M on 2024-11-21.

Most recent recorded round closed around 2024-11-21.

Valuation (modeled)modeled

Provath models 65 Therapeutics, Inc. at approximately $19M (range $5.2M–$38M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.60× the median modeled value of Series A Pharmaceuticals companies in 2022–2024 (64 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 19 mo ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 40% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 27% of those peers.

Closest niche peers: Hallux, Inc., Enalare Therapeutics Inc., Silver Creek Pharmaceuticals, Inc., NQ PE Project Stingray Parent, L.P., Acta Pharmaceuticals, Inc..

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.