Companies · Biotechnology

Apexian Pharmaceuticals, Inc.

INDIANAPOLIS · Biotechnology

Diligence memoA one-page analyst read on Apexian Pharmaceuticals, Inc. — recommendation, valuation, rhythm, risks.
$7.7M
Total raised · real
6
Rounds
0.1×
Latest step-up
Top 50%
Sector rank · raised
Seed
Latest stage · inferred · Mon Mar 18 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Apexian 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 0.10× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.3 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

Apexian Pharmaceuticals, Inc. is one of 4293 Biotechnology companies tracked from INDIANAPOLIS. By capital raised it ranks mid-pack (ahead of 51% 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
1
Investors (latest)
2019-03-18
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$50M$100M$150M$200MSeed · 2012-10-15 Raised $2.5M (real) Modeled valuation $111M (est)Seed2012Seed · 2012-10-15 Raised $2.0M (real) Modeled valuation $88M (est)Seed2012Seed · 2015-06-09 Raised $275K (real) Modeled valuation $12M (est)Seed2015Seed · 2015-12-16 Raised $750K (real) Modeled valuation $33M (est)Seed2015Seed · 2016-10-07 Raised $1.3M (real) Modeled valuation $56M (est)Seed2016Seed · 2017-07-31 Raised $2.8M (real) Modeled valuation $124M (est)Seed2017Seed · 2019-03-18 Raised $150K (real) Modeled valuation $6.7M (est)Seed2019+$2.0M+$275K+$750K+$1.3M+$2.8M+$150KCumulative $9.7M

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$2.5M · 2012
Seed extension$2.0M · 2012
Seed extension$275K · 2015
Seed extension$750K · 2015
Seed extension$1.3M · 2016
Seed extension$2.8M · 2017
Seed extension$150K · 2019

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
$6.7M
Base estimate est.
$108K
Conservative case
$52.3M
Upside case
$750K
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 $110.5M · 2012-10-152012Seed · modeled $88.3M · 2012-10-15Seed · modeled $12.2M · 2015-06-09Seed · modeled $33.3M · 2015-12-16Seed · modeled $56.1M · 2016-10-07Seed · modeled $124.3M · 2017-07-31Seed · modeled $6.7M · 2019-03-182019
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
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$1.2M/yr
Capital velocity
13.7 yr
On record since
2012
First round
7
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) 1.1× above median
This company$7.7M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$150K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$6.7M
Sector median$64.2M

Raised more than 51% of sector peers (real $). Modeled value above 13% 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 #185 of 186.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$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)Apexian Pharmaceuticals, Inc. (this company) Raised $7.7M · modeled $6.7M (est)Apexian 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×
Apexian Pharmaceuticals, Inc. this companySeed$7.7M$6.7M0.10×
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$2.5M2012-10-15$12.4M$110.5M85%
Seed$2.0M2012-10-15$9.9M$88.3M85%
Seed$275K2015-06-09$1.4M$12.2M85%
Seed$750K2015-12-16$3.8M$33.3M85%
Seed$1.3M2016-10-07$6.3M$56.1M90%
Seed$2.8M2017-07-31$14.0M$124.3M90%
Seed$150K2019-03-18$750K$6.7M90%
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$2.5M2012-10-15
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Seed$2.0M2012-10-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  3. Seed$275K2015-06-09
    • Raised again after 32 mo — slower than the ~14 mo sector norm.
    • Round 7.2× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
  4. Seed$750K2015-12-16
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 3 investors on this round.
  5. Seed$1.3M2016-10-07
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 5 investors on this round.
  6. Seed$2.8M2017-07-31
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 7 investors on this round.
  7. Seed$150K2019-03-18
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 18.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~13mo cadence
$150K
Modeled next size est.range $150K$240K
0.1×
Last step-up
$1.2M/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
Homer L. Pearce2 other2012-10
John Barnard2 other2015-12
Timothy J. Tichenor2 other2012-10
David Broecker1 other2015-06
John H. Barnard1 other2012-10
Steve Carchedi1 other2016-10
David J. Broecher2012-10
David R. Broecker2016-10
Homer Pearce2015-12
Homer R. Pearce2015-06
Homer R. Pearce, PhD2017-07
John R. Barnard2015-06
Mark Kelly, PhD2015-12
Mark R. Kelley2012-10
Mark R. Kelley, PhD2017-07
Mark R. Kelly, PhD2015-06
Martin F. Haslanger2012-10
Martin Haslanger, PhD2015-12
Martin R. Haslanger, PhD2015-06
Richard R. Messman, MD2015-06
Richard R. Messmann2017-07
Roger Miller2015-12
Roger R. Miller2015-06
Timothy R. Tichenor2017-07
Registry & provenance

Apexian 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
1560913
SEC CIK
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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.

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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
Apexigen, Inc.BiotechnologySeries C$85.6M94%
Axenic Health Solutions, Inc.BiotechnologySeed$451K87%
Organogenesis Holdings Inc.BiotechnologySeries D+$1.3B86%
Vista Biomedical, Inc.BiotechnologyPre-Seed$3.0M86%
Resilient Biotics, Inc.BiotechnologySeries A$50.1M86%
Acesis Holdings Corp.BiotechnologySeed$15.2M86%
Pillar Biosciences, Inc.BiotechnologySeries B$715.6M86%
Peptilogics, Inc.BiotechnologySeries B$1.2B86%
Frequently asked
How much funding has Apexian Pharmaceuticals, Inc. raised?
Apexian Pharmaceuticals, Inc. has raised approximately $7.7M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Apexian Pharmaceuticals, Inc.'s estimated valuation?
Provath's modeled valuation for Apexian Pharmaceuticals, Inc. is approximately $6.7M (modeled range $108K–$52.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Apexian Pharmaceuticals, Inc. at?
Apexian Pharmaceuticals, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Mar 18.
What does Apexian Pharmaceuticals, Inc. do and where is it based?
Apexian Pharmaceuticals, Inc. operates in the Biotechnology sector, based in INDIANAPOLIS.
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