Companies · Biotechnology

Aequus Pharmaceuticals Inc.

VANCOUVER · Biotechnology

Diligence memoA one-page analyst read on Aequus Pharmaceuticals Inc. — recommendation, valuation, rhythm, risks.
$1.1M
Total raised · real
2
Rounds
0.8×
Latest step-up
Top 81%
Sector rank · raised
Seed
Latest stage · inferred · Thu Aug 06 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Aequus Pharmaceuticals Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.32× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
  • Issuer reports $1M–$5M revenue while modeled below niche peers.
Dormant
  • Last raise 5.9 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Biotechnology

Aequus Pharmaceuticals Inc. is one of 4293 Biotechnology companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 20% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
2
Investors (latest)
2020-08-06
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2016-01-12 Raised $629K (real) Modeled valuation $28M (est)$629K$28MSeed2016Seed · 2020-08-06 Raised $489K (real) Modeled valuation $21M (est)$489K$21MSeed2020+$489KCumulative $1.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$629K · 2016
Seed extension$489K · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$20.6M
Base estimate est.
$352K
Conservative case
$157.3M
Upside case
$2.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Seed · modeled $27.9M · 2016-01-122016Seed · modeled $20.6M · 2020-08-062020
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
5.9 yr
Elapsed time used
5.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
55 mo
Avg between rounds
$245K/yr
Capital velocity
10.5 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.2× of median
This company$1.1M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$489K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$20.6M
Sector median$64.2M

Raised more than 20% of sector peers (real $). Modeled value above 29% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #166 of 186.

This companyCohort peer
$10.0M$100.0M$1.0B$100K$1.0M$10.0MCapital raised (log)Novo Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Entac Medical, Inc. · Seed Raised $4.0M · modeled $177.6M (est)ReGelTec, Inc. · Seed Raised $6.0M · modeled $177.6M (est)Korro Bio, Inc. · Seed Raised $4.0M · modeled $177.6M (est)TamuroBio Inc. · Seed Raised $4.0M · modeled $177.6M (est)Initial Therapeutics, Inc. · Seed Raised $3.8M · modeled $168.6M (est)Helaina Inc · Seed Raised $4.4M · modeled $165.0M (est)Onchilles Pharma, Inc. · Seed Raised $3.6M · modeled $158.5M (est)UVision 360, Inc. · Seed Raised $4.6M · modeled $155.7M (est)Safeguard Biosystems Holdings Ltd · Seed Raised $3.5M · modeled $155.4M (est)Enable Medicine Inc. · Seed Raised $3.6M · modeled $152.3M (est)Newomics Inc. · Seed Raised $3.9M · modeled $149.0M (est)Aequus Pharmaceuticals Inc. (this company) Raised $1.1M · modeled $20.6M (est)Aequus Pharmaceuticals Inc.
CompanyStageRaised · realValue · estvs peer med.
Novo Biosciences, Inc.Seed$4.0M$177.6M2.76×
Entac Medical, Inc.Seed$4.0M$177.6M2.76×
ReGelTec, Inc.Seed$6.0M$177.6M2.76×
Korro Bio, Inc.Seed$4.0M$177.6M2.76×
TamuroBio Inc.Seed$4.0M$177.6M2.76×
Initial Therapeutics, Inc.Seed$3.8M$168.6M2.62×
Helaina IncSeed$4.4M$165.0M2.57×
Onchilles Pharma, Inc.Seed$3.6M$158.5M2.47×
UVision 360, Inc.Seed$4.6M$155.7M2.42×
Safeguard Biosystems Holdings LtdSeed$3.5M$155.4M2.42×
Enable Medicine Inc.Seed$3.6M$152.3M2.37×
Newomics Inc.Seed$3.9M$149.0M2.32×
Aequus Pharmaceuticals Inc. this companySeed$1.1M$20.6M0.32×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$629K2016-01-12$3.1M$27.9M85%
Seed$489K2020-08-06$2.4M$20.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$629K2016-01-12
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Seed$489K2020-08-06
    • Raised again after 55 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $1M–$5M.
    • 2 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~55mo cadence
$489K
Modeled next size est.range $489K$782K
0.8×
Last step-up
$245K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Chris Clark8 other2016-01
Hamed Shahbazi5 other2016-01
ANN FEHR3 other2020-08
Doug Janzen3 other2016-01
Fotios Plakogiannis1 other2016-01
Ian Ball1 other2016-01
Anne Stevens2016-01
Christina Yip2016-01
Donald McAfee2016-01
Jason Flowerday2016-01
Rodoula Plakogiannis2016-01
Stu Fowler2020-08
Registry & provenance

Aequus Pharmaceuticals Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1664767
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Starton Therapeutics Inc.BiotechnologySeed$10.7M$8.8Mnetwork1 shared operator · same sector · same stage
Noula Health Co.BiotechnologySeed$1.1M$19.2Msame sector · same stage
Transcera Inc.BiotechnologySeed$1.0M$25.0Msame sector · same stage
Rythera Therapeutics Inc.BiotechnologySeed$1.3M$21.8Msame sector · same stage
PiroGon, Inc.BiotechnologySeed$1.3M$25.1Msame sector · same stage
Kaigene, Inc.BiotechnologySeed$1.4M$23.4Msame sector · same stage
Acesis Holdings Corp.BiotechnologySeed$1.4M$15.2Msame sector · same stage
Diant Pharma Inc.BiotechnologySeed$1.4M$18.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Aevumed Inc.BiotechnologySeed$59.0M89%
SeQure Dx Inc.BiotechnologySeries B$20.2M88%
Aethlon Medical IncBiotechnologySeries A$5.7M87%
Enquyst Technologies Inc.BiotechnologySeries A$20.2M87%
Aevi Genomic Medicine, Inc.BiotechnologySeries B$1.1B86%
AecorBio Inc.BiotechnologySeed$6.6M85%
Aer Therapeutics, Inc.BiotechnologySeries B$28.0M85%
Aethon Therapeutics, Inc.BiotechnologySeries A$66.3M85%
Frequently asked
How much funding has Aequus Pharmaceuticals Inc. raised?
Aequus Pharmaceuticals Inc. has raised approximately $1.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Aequus Pharmaceuticals Inc.'s estimated valuation?
Provath's modeled valuation for Aequus Pharmaceuticals Inc. is approximately $20.6M (modeled range $352K–$157.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Aequus Pharmaceuticals Inc. at?
Aequus Pharmaceuticals Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Aug 06.
What does Aequus Pharmaceuticals Inc. do and where is it based?
Aequus Pharmaceuticals Inc. operates in the Biotechnology sector, based in VANCOUVER.
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