Companies · Biotech / Pharma

Arcadia Biosciences, Inc.

DALLAS · Biotech / Pharma · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Arcadia Biosciences, Inc. — recommendation, valuation, rhythm, risks.
$58.4M
Total raised · real
5
Rounds
0.1×
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jan 12 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Arcadia 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 0.10× 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 6 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

Arcadia Biosciences, Inc. is one of 227 Biotech / Pharma companies tracked from DALLAS. By capital raised it ranks among the largest (ahead of 91% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2026-01-12
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$1.0BSeries B · 2008-07-11 Raised $15M (real) Modeled valuation $559M (est)$15M$559MSeries B2008Series B · 2009-10-31 Raised $2.4M (real) Modeled valuation $87M (est)$2.4M$87MSeries B2009Series B · 2014-03-28 Raised $19M (real) Modeled valuation $697M (est)$19M$697MSeries B2014Series B · 2018-03-19 Raised $10M (real) Modeled valuation $368M (est)$10M$368MSeries B2018Series B · 2021-01-28 Raised $25M (real) Modeled valuation $725M (est)$25M$725MSeries B2021Series B · 2026-01-12 Raised $2.1M (real) Modeled valuation $7.8M (est)$2.1M$7.8MSeries B2026+$2.4M+$19M+$10M+$25M+$2.1MCumulative $74M

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
Series B$15.2M · 2008
Series B extension$2.4M · 2009
Series B extension$18.9M · 2014
Series B extension$10.0M · 2018
Series B extension$25.0M · 2021
Series B extension$2.1M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$7.8M
Base estimate est.
$4.3M
Conservative case
$10.4M
Upside case
$11.6M
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.

Series B · modeled $559.0M · 2008-07-112008Series B · modeled $87.2M · 2009-10-31Series B · modeled $696.8M · 2014-03-28Series B · modeled $367.8M · 2018-03-19Series B · modeled $725.0M · 2021-01-28Series B · modeled $7.8M · 2026-01-122026
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
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
biotech/pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
42 mo
Avg between rounds
$3.3M/yr
Capital velocity
18.0 yr
On record since
2008
First round
6
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) 10× above median
This company$58.4M
Sector median$5.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.1M
Sector median$18.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$7.8M
Sector median$30.5M

Raised more than 91% of sector peers (real $). Modeled value above 30% 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 #9 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)Akers Biosciences, Inc. · Series B Raised $78.7M · modeled $30.5M (est)Arcadia Biosciences, Inc. (this company) Raised $58.4M · modeled $7.8M (est)Arcadia 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.Series B$78.7M$30.5M0.38×
Arcadia Biosciences, Inc. this companySeries 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.
Series B$15.2M2008-07-11$84.4M$559.0M85%
Series B$2.4M2009-10-31$13.2M$87.2M85%
Series B$18.9M2014-03-28$105.2M$696.8M85%
Series B$10.0M2018-03-19$55.6M$367.8M90%
Series B$25.0M2021-01-28$138.9M$725.0M90%
Series B$2.1M2026-01-12$11.6M$7.8M90%
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. Series B$15.2M2008-07-11
    • First recorded raise — entered as Series B.
    • 9 investors on this round.
  2. Series B$2.4M2009-10-31
    • Raised 16 mo later, in step with the ~15 mo sector norm.
    • Round 6.4× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Series B$18.9M2014-03-28
    • Raised again after 53 mo — slower than the ~15 mo sector norm.
    • Round 8.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  4. Series B$10.0M2018-03-19
    • Raised again after 48 mo — slower than the ~15 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  5. Series B$25.0M2021-01-28
    • Raised again after 34 mo — slower than the ~15 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 26 investors on this round.
  6. Series B$2.1M2026-01-12
    • Raised again after 59 mo — slower than the ~15 mo sector norm.
    • Round 12.0× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2029 ~Q3
Modeled next raise · ~42mo cadence
$2.1M
Modeled next size est.range $2.1M$3.3M
0.1×
Last step-up
$3.3M/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
David Collier7 other2008-07
Mark Wong4 other2008-07
Gregory D. Waller3 other2018-03
Albert D. Bolles1 other2021-01
Eric Rey1 other2008-07
Amy D. Yoder2018-03
Darby J. Shupp2014-03
Deborah D. Carosella2026-01
Eric J. Rey2014-03
Eric T Ray2018-03
James J. Reis2014-03
James Reis2008-07
Jonathan Thatcher2008-07
Kevin J. Comcowich2026-01
Kevin T Comcowich2018-03
Lilian Shackelford Murray2021-01
Mark J. Wong2014-03
Matthew T Plavan2018-03
Pam T Haley2021-01
Rachel J. Sheinbein2014-03
Rajendra T Ketkar2018-03
Steve Brandwein2008-07
Steven Brandwein2009-10
Steven J. Brandwein2014-03
Registry & provenance

Arcadia 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
1469443
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
Wheeler Bio, Inc.Biotech / PharmaSeries B$59.9M$123.8Msame sector · same stage
Bird Rock Bio, Inc.Biotech / PharmaSeries B$52.5M$91.9Msame sector · same stage
Pharmajet, Inc.Biotech / PharmaSeries B$66.9M$568.1Msame sector · same stage
Slingshot Biosciences, Inc.Biotech / PharmaSeries B$49.1M$335.1Msame sector · same stage
Asset Blue Pharmacy Services, Inc.Biotech / PharmaSeries B$48.0M$104.7Msame sector · same stage
Sorbent Therapeutics IncPharmaceuticalsSeries B$58.6M$221.0Mnetwork1 shared operator · same stage
Prellis Biologics, IncBiotech / PharmaSeries B$47.3M$277.2Msame sector · same stage
Arpeggio Biosciences, Inc.Biotech / PharmaSeries B$46.4M$80.7Msame 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
Pandora Bio, Inc.Biotech / PharmaPre-Seed$3.7M87%
A-Alpha Bio, Inc.Biotech / PharmaSeries B$465.2M86%
Orbis Biosciences, IncBiotech / PharmaPre-Seed$50.4M86%
Iota Biosciences, Inc.Biotech / PharmaSeries B$551.7M86%
Pacific Biosciences Of California, Inc.Biotech / PharmaSeries C$982.0M86%
Arpeggio Biosciences, Inc.Biotech / PharmaSeries B$80.7M86%
Empire Biotechnologies, Inc.Biotech / PharmaPre-Seed$5.6M85%
Sedare Biosciences, Inc.Biotech / PharmaSeed$15.5M85%
Frequently asked
How much funding has Arcadia Biosciences, Inc. raised?
Arcadia Biosciences, Inc. has raised approximately $58.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Arcadia Biosciences, Inc.'s estimated valuation?
Provath's modeled valuation for Arcadia Biosciences, Inc. is approximately $7.8M (modeled range $4.3M–$10.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Arcadia Biosciences, Inc. at?
Arcadia Biosciences, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jan 12.
What does Arcadia Biosciences, Inc. do and where is it based?
Arcadia Biosciences, Inc. operates in the Biotech / Pharma sector, based in DALLAS.
Explore related

See where Arcadia 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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