Companies · Biotechnology

AsclepiX Therapeutics, Inc.

Bethesda · Biotechnology

Diligence memoA one-page analyst read on AsclepiX Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$28.0M
Total raised · real
4
Rounds
1.0×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jul 19 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

AsclepiX Therapeutics, Inc. looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 1.88× the median modeled value of Series A Biotechnology companies in 2022–2024 (303 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

AsclepiX Therapeutics, Inc. is one of 4293 Biotechnology companies tracked from Bethesda. By capital raised it ranks in the upper tier (ahead of 73% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
9
Investors (latest)
2023
Year incorporated
2023-07-19
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$125M$250M$375M$500MPre-Seed · 2017-02-03 Raised $175K (real) Modeled valuation $9.7M (est)$175K$9.7MPre-Seed2017Seed · 2018-10-12 Raised $3.9M (real) Modeled valuation $172M (est)$3.9M$172MSeed2018Series A · 2018-10-12 Raised $7.7M (real) Modeled valuation $280M (est)$7.7M$280MSeries A2018Series A · 2020-05-27 Raised $10M (real) Modeled valuation $362M (est)$10M$362MSeries A2020Series A · 2023-07-19 Raised $10M (real) Modeled valuation $84M (est)$10M$84MSeries A2023+$3.9M+$7.7M+$10M+$10MCumulative $32M

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
Pre-Seed$175K · 2017
Seed$3.9M · 2018
Series A$7.7M · 2018
Series A extension$10.0M · 2020
Series A extension$10.0M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$83.5M
Base estimate est.
$11.0M
Conservative case
$225.1M
Upside case
$45.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $9.7M · 2017-02-032017Seed · modeled $172.2M · 2018-10-12Series A · modeled $279.6M · 2018-10-12Series A · modeled $361.5M · 2020-05-27Series A · modeled $83.5M · 2023-07-192023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$4.3M/yr
Capital velocity
9.4 yr
On record since
2017
First round
5
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) 3.9× above median
This company$28.0M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$10.0M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$83.5M
Sector median$64.2M

Raised more than 73% of sector peers (real $). Modeled value above 55% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #66 of 303.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)GeoVax Labs, Inc. · Series A Raised $39.1M · modeled $217.3M (est)Cellinfinity Bio Holding Company, LLC · Series A Raised $13.2M · modeled $216.2M (est)Adient Medical, Inc. · Series A Raised $18.2M · modeled $207.1M (est)Entegrion Inc · Series A Raised $22.7M · modeled $191.5M (est)BCD Bioscience, Inc. · Series A Raised $16.4M · modeled $189.2M (est)Pragma Biosciences Inc. · Series A Raised $14.5M · modeled $186.2M (est)MicroByre, Inc. · Series A Raised $16.1M · modeled $185.9M (est)Cardiac Insight, Inc. · Series A Raised $38.1M · modeled $184.0M (est)Cardiac Implants LLC · Series A Raised $13.5M · modeled $178.4M (est)Abintus Bio, Inc. · Series A Raised $13.7M · modeled $177.4M (est)Mosaic Biosciences, Inc. · Series A Raised $14.7M · modeled $176.4M (est)Mazen Animal Health Inc. · Series A Raised $13.5M · modeled $169.0M (est)AsclepiX Therapeutics, Inc. (this company) Raised $28.0M · modeled $83.5M (est)AsclepiX Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
GeoVax Labs, Inc.Series A$39.1M$217.3M4.90×
Cellinfinity Bio Holding Company, LLCSeries A$13.2M$216.2M4.87×
Adient Medical, Inc.Series A$18.2M$207.1M4.67×
Entegrion IncSeries A$22.7M$191.5M4.32×
BCD Bioscience, Inc.Series A$16.4M$189.2M4.27×
Pragma Biosciences Inc.Series A$14.5M$186.2M4.20×
MicroByre, Inc.Series A$16.1M$185.9M4.19×
Cardiac Insight, Inc.Series A$38.1M$184.0M4.15×
Cardiac Implants LLCSeries A$13.5M$178.4M4.02×
Abintus Bio, Inc.Series A$13.7M$177.4M4.00×
Mosaic Biosciences, Inc.Series A$14.7M$176.4M3.98×
Mazen Animal Health Inc.Series A$13.5M$169.0M3.81×
AsclepiX Therapeutics, Inc. this companySeries A$28.0M$83.5M1.88×
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.
Pre-Seed$175K2017-02-03$972K$9.7M90%
Seed$3.9M2018-10-12$19.4M$172.2M90%
Series A$7.7M2018-10-12$35.2M$279.6M90%
Series A$10.0M2020-05-27$45.5M$361.5M90%
Series A$10.0M2023-07-19$45.7M$83.5M90%
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. Pre-Seed$175K2017-02-03
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Seed$3.9M2018-10-12
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 22.2× larger than the prior — scaling up.
    • 15 investors on this round.
  3. Series A$7.7M2018-10-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× larger than the prior — scaling up.
    • 26 investors on this round.
  4. Series A$10.0M2020-05-27
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 34 investors on this round.
  5. Series A$10.0M2023-07-19
    • Raised again after 38 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~19mo cadence
$10.1M
Modeled next size est.range $10.0M$16.1M
1.0×
Last step-up
$4.3M/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
Chris Garabedian7 other2023-07
Steven Altschuler4 other2023-07
Amir Shojaei2 other2023-07
Ben Askew2 other2023-07
Sapna Srivastava2 other2023-07
Jordan Green1 other2018-10
Jordan J. Green1 other2017-02
Joshua Barer1 other2018-10
Robert Dempsey1 other2023-07
Aleksander Popel2023-07
Aleksander Popel, PhD2018-10
Aleksander S. Popel, PhD2017-02
Jill Tierney2023-07
Josh Barer2023-07
Joshua S. Barer2018-10
Kevin Slawin, MD2018-10
Kevin S. Slawin, MD2018-10
Niranjan Pandey2023-07
Sapna S. Srivastava2018-10
Steven S. Altschuler, MD2018-10
Wendy Perrow2017-02
Registry & provenance

AsclepiX Therapeutics, 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
1697751
SEC CIK
2023
Incorporated
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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
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Pharmesol Inc.BiotechnologySeed$4.2M84%
ASLAN Pharmaceuticals LtdBiotechnologySeries B$40.5M83%
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PDX Pharmaceuticals, Inc.BiotechnologySeed$68.8M83%
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Frequently asked
How much funding has AsclepiX Therapeutics, Inc. raised?
AsclepiX Therapeutics, Inc. has raised approximately $28.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is AsclepiX Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for AsclepiX Therapeutics, Inc. is approximately $83.5M (modeled range $11.0M–$225.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is AsclepiX Therapeutics, Inc. at?
AsclepiX Therapeutics, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jul 19.
What does AsclepiX Therapeutics, Inc. do and where is it based?
AsclepiX Therapeutics, Inc. operates in the Biotechnology sector, based in Bethesda.
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