Companies · Biotech / Pharma

Akers Biosciences, Inc.

NEW YORK · Biotech / Pharma · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Akers Biosciences, Inc. — recommendation, valuation, rhythm, risks.
$78.7M
Total raised · real
9
Rounds
0.5×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Sep 02 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Akers Biosciences, Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech/pharma 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 0.38× the median modeled value of Series B Biotech / Pharma companies in 2025–2027 (9 peers) — value vs value, same stage and era.
Active
  • Last raise 10 mo ago; this sector typically re-raises about every 15 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Biotech / Pharma

Akers Biosciences, Inc. is one of 227 Biotech / Pharma companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 93% of sector peers), and mid-pack 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
Rule 506(b)
Reg D exemption
12
Investors (latest)
2023
Year incorporated
2025-09-02
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$250M$500M$750M$1.0BSeed · 2017-03-30 Raised $2.0M (real) Modeled valuation $83M (est)Seed2017Seed · 2020-03-23 Raised $1.2M (real) Modeled valuation $51M (est)Seed2020Seed · 2020-04-08 Raised $460K (real) Modeled valuation $19M (est)Seed2020Seed · 2020-05-18 Raised $482K (real) Modeled valuation $20M (est)Seed2020Series B · 2020-11-11 Raised $18M (real) Modeled valuation $572M (est)Series B2020Series B · 2022-08-15 Raised $7.4M (real) Modeled valuation $114M (est)Series B2022Series B · 2024-05-20 Raised $27M (real) Modeled valuation $199M (est)Series B2024Series B · 2024-05-20 Raised $15M (real) Modeled valuation $112M (est)Series B2024Series B · 2025-09-02 Raised $7.0M (real) Modeled valuation $31M (est)Series B2025+$1.2M+$460K+$482K+$18M+$7.4M+$27M+$15M+$7.0MCumulative $79M

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$2.0M · 2017
Seed extension$1.2M · 2020
Seed extension$460K · 2020
Seed extension$482K · 2020
Series B$18.1M · 2020no Series A on file
Series B extension$7.4M · 2022
Series B extension$26.9M · 2024
Series B extension$15.2M · 2024
Series B extension$7.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$30.5M
Base estimate est.
$14.3M
Conservative case
$43.7M
Upside case
$38.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the biotech/pharma sector profile. Directional, not a quoted figure.

Seed · modeled $83.4M · 2017-03-302017Seed · modeled $50.7M · 2020-03-23Seed · modeled $18.9M · 2020-04-08Seed · modeled $19.9M · 2020-05-18Series B · modeled $572.2M · 2020-11-11Series B · modeled $113.7M · 2022-08-15Series B · modeled $199.1M · 2024-05-20Series B · modeled $112.3M · 2024-05-20Series B · modeled $30.5M · 2025-09-022025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
56%
Survival probability
37% low · 68% high
1.51×/yr
Annual markup
1.83×/yr upside case
0.8 yr
Elapsed time used
0.8 yr actual, capped for stale marks
biotech/pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$9.3M/yr
Capital velocity
9.3 yr
On record since
2017
First round
9
Rounds on file
How it compares to the market

Benchmarked against 227 companies in Biotech / Pharma. 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) 14× above median
This company$78.7M
Sector median$5.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$7.0M
Sector median$18.7M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$30.5M
Sector median$30.5M

Raised more than 93% of sector peers (real $). Modeled value above 53% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #8 of 9.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Inductive Bio, Inc. · Series B Raised $25.1M · modeled $131.9M (est)Wheeler Bio, Inc. · Series B Raised $59.9M · modeled $123.8M (est)Abrexa Pharmaceuticals, Inc. · Series B Raised $40.1M · modeled $118.2M (est)Puna Bio Corp · Series B Raised $20.3M · modeled $108.6M (est)Arpeggio Biosciences, Inc. · Series B Raised $46.4M · modeled $80.7M (est)Vinci Pharmaceuticals, Inc. · Series B Raised $21.2M · modeled $76.8M (est)Synonym Biotechnologies Inc. · Series B Raised $23.7M · modeled $76.2M (est)Arcadia Biosciences, Inc. · Series B Raised $58.4M · modeled $7.8M (est)Akers Biosciences, Inc. (this company) Raised $78.7M · modeled $30.5M (est)Akers Biosciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
Inductive Bio, Inc.Series B$25.1M$131.9M1.64×
Wheeler Bio, Inc.Series B$59.9M$123.8M1.54×
Abrexa Pharmaceuticals, Inc.Series B$40.1M$118.2M1.46×
Puna Bio CorpSeries B$20.3M$108.6M1.35×
Arpeggio Biosciences, Inc.Series B$46.4M$80.7M1.00×
Vinci Pharmaceuticals, Inc.Series B$21.2M$76.8M0.95×
Synonym Biotechnologies Inc.Series B$23.7M$76.2M0.94×
Akers Biosciences, Inc. this companySeries B$78.7M$30.5M0.38×
Arcadia Biosciences, Inc.Series B$58.4M$7.8M0.10×
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$2.0M2017-03-30$10.1M$83.4M90%
Seed$1.2M2020-03-23$6.2M$50.7M90%
Seed$460K2020-04-08$2.3M$18.9M90%
Seed$482K2020-05-18$2.4M$19.9M90%
Series B$18.1M2020-11-11$100.4M$572.2M90%
Series B$7.4M2022-08-15$41.2M$113.7M90%
Series B$26.9M2024-05-20$149.2M$199.1M90%
Series B$15.2M2024-05-20$84.2M$112.3M90%
Series B$7.0M2025-09-02$38.9M$30.5M90%
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$2.0M2017-03-30
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Seed$1.2M2020-03-23
    • Raised again after 36 mo — slower than the ~15 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  3. Seed$460K2020-04-08
    • Came back fast: 1 mo vs the ~15 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Seed$482K2020-05-18
    • Came back fast: 1 mo vs the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  5. Series B$18.1M2020-11-11
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 37.4× larger than the prior — scaling up.
    • 56 investors on this round.
  6. Series B$7.4M2022-08-15
    • Raised 21 mo later, in step with the ~15 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  7. Series B$26.9M2024-05-20
    • Raised 21 mo later, in step with the ~15 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 4 investors on this round.
  8. Series B$15.2M2024-05-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  9. Series B$7.0M2025-09-02
    • Raised 15 mo later, in step with the ~15 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 12 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~13mo cadence
$7.0M
Modeled next size est.range $7.0M$11.2M
0.5×
Last step-up
$9.3M/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
Joshua Silverman7 other2022-08
Bill White4 other2022-08
Bruce Bernstein4 other2025-09
Craig Eagle3 other2022-08
Robert C. Schroeder3 other2020-03
Jude Uzonwanne2 other2022-08
Chris Chapman1 other2022-08
Joshua C. Silverman1 other2020-03
Stuart Benson1 other2020-11
Thomas Knox1 other2017-03
Adam Kaplin2022-08
Bill J. White2020-03
Brandon Knox2017-03
Christopher C. Schreiber2020-03
Christopher Schreiber2022-08
Gary Rauch2017-03
Howard Yeaton2020-03
Ian Rhodes2022-08
John Gormally2017-03
Mitchell J. Glass2024-05
Paul Rivard2022-08
Raymond Akers2017-03
Raza E. Bokhari2017-03
Robert E. Andrews2017-03
Registry & provenance

Akers Biosciences, 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
1321834
SEC CIK
2023
Incorporated
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
Neurotrope, Inc.BiotechnologySeries B$40.9M$972.6Mnetwork2 shared operators · same stage
Pharmajet, Inc.Biotech / PharmaSeries B$66.9M$568.1Msame sector · same stage
Synaptogenix, Inc.BiotechnologySeries A$66.8M$31.1Mnetwork2 shared operators
Telomir Pharmaceuticals, Inc.PharmaceuticalsPre-Seed$1.0M$9.7Mnetwork3 shared operators
Wheeler Bio, Inc.Biotech / PharmaSeries B$59.9M$123.8Msame sector · same stage
Femasys IncBiotechnologySeries B$74.7M$32.0Mnetwork1 shared operator · same stage
Arcadia Biosciences, Inc.Biotech / PharmaSeries B$58.4M$7.8Msame sector · same stage
AYRO, Inc.OtherSeries C$108.6M$43.5Mnetwork2 shared operators
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
Aruka Bio, Inc.Biotech / PharmaSeed$19.0M86%
Akros Medical, Inc.HealthtechPre-Seed$16.0M85%
Kanvas Biosciences, Inc.Biotech / PharmaSeries A$23.7M85%
Spinnaker Biosciences, Inc.Biotech / PharmaPre-Seed$2.4M85%
Los Angeles Biosciences, Inc.Biotech / PharmaSeries A$16.4M85%
Ensysce Biosciences, Inc.Biotech / PharmaSeries A$7.9M85%
Vedanta Biosciences, Inc.Biotech / PharmaSeries D+$2.0B84%
Bond Biosciences, Inc.Biotech / PharmaSeries A$21.9M84%
Frequently asked
How much funding has Akers Biosciences, Inc. raised?
Akers Biosciences, Inc. has raised approximately $78.7M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Akers Biosciences, Inc.'s estimated valuation?
Provath's modeled valuation for Akers Biosciences, Inc. is approximately $30.5M (modeled range $14.3M–$43.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Akers Biosciences, Inc. at?
Akers Biosciences, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Sep 02.
What does Akers Biosciences, Inc. do and where is it based?
Akers Biosciences, Inc. operates in the Biotech / Pharma sector, based in NEW YORK.
Explore related

See where Akers Biosciences, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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