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

Aeovian Pharmaceuticals, Inc.

Aeovian Pharmaceuticals, Inc. looks over-valued against its niche peers and is active on financing cadence.

WatchModeled above niche peers — entry today likely prices in growth not yet evidenced in the filings.

Businessfiled

Aeovian Pharmaceuticals, Inc. operates in Pharmaceuticals, based in Berkeley.

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

Capital & rounds (filed)filed

Aeovian Pharmaceuticals, Inc. has raised $125M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $55M on 2025-11-18.

Most recent recorded round closed around 2025-11-18.

Valuation (modeled)modeled

Provath models Aeovian Pharmaceuticals, Inc. at approximately $298M (range $179M–$374M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 1.99× the median modeled value of Series C Pharmaceuticals companies in 2025–2027 (26 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 34 months.

Last raise 7 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 1.1× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 93% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 74% of those peers.

Closest niche peers: BlossomHill Therapeutics, Inc., Rivus Pharmaceuticals, Inc., Sparrow Pharmaceuticals, Inc., Arthrosi Therapeutics, Inc., Altesa BioSciences, Inc..

Peoplefiled

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

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

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