Diligence memo · auto-generated · as of July 2, 2026

Axial Biotherapeutics, Inc.

Axial Biotherapeutics, Inc. looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 1.8× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Axial Biotherapeutics, Inc. operates in Pharmaceuticals, based in WOBURN.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Axial Biotherapeutics, Inc. has raised $110M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $27M on 2021-05-11.

Most recent recorded round closed around 2025-01-28.

Valuation (modeled)modeled

Provath models Axial Biotherapeutics, Inc. at approximately $108M (range $41M–$173M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.97× the median modeled value of Series B Pharmaceuticals companies in 2025–2027 (17 peers) — value vs value, same stage and era. Within the normal band (97% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 12 months.

Last raise 17 mo ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round stepped up 1.8× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 92% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 56% of those peers.

Closest niche peers: Phlow Corp., AlphaTON Capital Corp, Triton Therapeutics, Inc., Sensorium Therapeutics, Inc., Belhaven Biopharma Inc..

Peoplefiled

22 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.