Bio-Path Holdings Inc looks fair against its niche peers and is quiet on financing cadence.
Raised $20M across 13 disclosed rounds, last modeled as Seed (a $1.0M–$4.0M round).
Modeled value is 1.17× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Valued on the biotech profile — its sector's growth and survival benchmarks differ from the market default, so the same raise is worth more or less here.
Last raise 21 mo ago; this sector typically re-raises about every 14 months.
Latest round was 1.0× smaller than the prior — a bridge or down round.
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.
Fair
Modeled value is 1.17× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Within the normal band (117% of peer median) for its niche.
Quiet
Last raise 21 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
Issuer-vehicle patternmedium confidence
Bio-Path Holdings Inc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
17.0 yr record
Peak capital year was 2024 with $9.6M across 4 filings.
Market position
ahead of 67% of Biotechnology peers
Capital scale is ahead of 67% of Biotechnology peers; modeled value is above 26% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
Legal name looks like an issuer vehicle rather than a product company.
No clearly named CEO/founder/principal role in the public records surfaced here.
No verified homepage on the profile yet.
Capital program peaked in 2024: $9.6M across 4 filings.
Largest single filing was $4.0M on 2024-06-03.
Filing rows sum to $21.4M, while canonical raised total is $19.9M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
Read this less like a startup funding journey and more like a capital-raising program.
Stage-based valuation and peer labels have lower applicability for this pattern.
The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Canonical filtering should be tightened before using row-level totals for diligence.
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
Bio-Path Holdings Inc is one of 4293 Biotechnology companies tracked from BELLAIRE. By capital raised it ranks mid-pack (ahead of 67% 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
1
Investors (latest)
2024-10-08
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
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$500K · 2009
Pre-Seed extension$650K · 2009
Pre-Seed extension$923K · 2009
Pre-Seed extension$250K · 2009
Pre-Seed extension$200K · 2010
Pre-Seed extension$741K · 2010
Pre-Seed extension$150K · 2010
Seed$1.0M · 2012
Seed extension$453K · 2013
Seed extension$2.3M · 2018
Seed extension$988K · 2019
Seed extension$1.4M · 2019
Seed extension$2.3M · 2022
Seed extension$318K · 2024
Seed extension$1.3M · 2024
Seed extension$4.0M · 2024
Seed extension$4.0M · 2024
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Modeled valuation trajectory
$16.7M
Base estimate est.
$2.9M
Conservative case
$41.2M
Upside case
$20.0M
Modeled post-money
Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.
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
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$1.3M/yr
Capital velocity
17.0 yr
On record since
2009
First round
17
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)▲ 2.8× above median
This company$19.9M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 2.3× above median
This company$4.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages)▼ 0.3× of median
This company$16.7M
Sector median$64.2M
Raised more than 67% of sector peers (real $). Modeled value above 26% 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 valueest. (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 #90 of 207.
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.
Stage
Amount · real
Announced
Post-money · est
Value · est
Conf.
Pre-Seed
$500K
2009-07-01
$2.8M
$27.6M
85%
Pre-Seed
$650K
2009-07-01
$3.6M
$35.9M
85%
Pre-Seed
$923K
2009-10-08
$5.1M
$51.0M
85%
Pre-Seed
$250K
2009-12-31
$1.4M
$13.8M
85%
Pre-Seed
$200K
2010-06-02
$1.1M
$11.0M
85%
Pre-Seed
$741K
2010-12-22
$4.1M
$40.9M
85%
Pre-Seed
$150K
2010-12-22
$833K
$8.3M
85%
Seed
$1.0M
2012-05-17
$5.0M
$44.6M
85%
Seed
$453K
2013-04-24
$2.3M
$20.1M
85%
Seed
$2.3M
2018-09-20
$11.5M
$102.2M
90%
Seed
$988K
2019-01-18
$4.9M
$43.9M
90%
Seed
$1.4M
2019-03-12
$6.9M
$61.6M
90%
Seed
$2.3M
2022-11-09
$11.4M
$27.5M
90%
Seed
$318K
2024-03-25
$1.6M
$1.8M
90%
Seed
$1.3M
2024-04-18
$6.4M
$6.9M
90%
Seed
$4.0M
2024-06-03
$20.0M
$20.2M
90%
Seed
$4.0M
2024-10-08
$20.0M
$16.7M
90%
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.
Pre-Seed$500K2009-07-01
First recorded raise — entered as Pre-Seed.
Pre-Seed$650K2009-07-01
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.3× larger than the prior — scaling up.
Pre-Seed$923K2009-10-08
Came back fast: 3 mo vs the ~14 mo sector norm.
Round 1.4× larger than the prior — scaling up.
7 investors on this round.
Pre-Seed$250K2009-12-31
Came back fast: 3 mo vs the ~14 mo sector norm.
Round 3.7× smaller than the prior — bridge or down round.
2 investors on this round.
Pre-Seed$200K2010-06-02
Came back fast: 5 mo vs the ~14 mo sector norm.
Round roughly the size of the prior one.
1 investor on this round.
Pre-Seed$741K2010-12-22
Came back fast: 7 mo vs the ~14 mo sector norm.
Round 3.7× larger than the prior — scaling up.
14 investors on this round.
Pre-Seed$150K2010-12-22
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 4.9× smaller than the prior — bridge or down round.
4 investors on this round.
Seed$1.0M2012-05-17
Raised 17 mo later, in step with the ~14 mo sector norm.
Round 6.7× larger than the prior — scaling up.
62 investors on this round.
Seed$453K2013-04-24
Raised 11 mo later, in step with the ~14 mo sector norm.
Round 2.2× smaller than the prior — bridge or down round.
2 investors on this round.
Seed$2.3M2018-09-20
Raised again after 65 mo — slower than the ~14 mo sector norm.
Round 5.1× larger than the prior — scaling up.
Switched to Rule 506(b) (was Rule 06).
4 investors on this round.
Seed$988K2019-01-18
Came back fast: 4 mo vs the ~14 mo sector norm.
Round 2.3× smaller than the prior — bridge or down round.
8 investors on this round.
Seed$1.4M2019-03-12
Came back fast: 2 mo vs the ~14 mo sector norm.
Round 1.4× larger than the prior — scaling up.
4 investors on this round.
Seed$2.3M2022-11-09
Raised again after 44 mo — slower than the ~14 mo sector norm.
Round 1.6× larger than the prior — scaling up.
5 investors on this round.
Seed$318K2024-03-25
Raised 16 mo later, in step with the ~14 mo sector norm.
Round 7.2× smaller than the prior — bridge or down round.
1 investor on this round.
Seed$1.3M2024-04-18
Came back fast: 1 mo vs the ~14 mo sector norm.
Round 4.0× larger than the prior — scaling up.
3 investors on this round.
Seed$4.0M2024-06-03
Came back fast: 2 mo vs the ~14 mo sector norm.
Round 3.1× larger than the prior — scaling up.
1 investor on this round.
Seed$4.0M2024-10-08
Came back fast: 4 mo vs the ~14 mo sector norm.
Round roughly the size of the prior one.
1 investor on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~11mo cadence
$4.0M
Modeled next size est.range $4.0M–$6.4M
1.0×
Last step-up
$1.3M/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.
Bio-Path Holdings 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
1133818
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.
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.
How much funding has Bio-Path Holdings Inc raised?
Bio-Path Holdings Inc has raised approximately $19.9M in disclosed capital across 13 recorded financing rounds, aggregated from public filings.
What is Bio-Path Holdings Inc's estimated valuation?
Provath's modeled valuation for Bio-Path Holdings Inc is approximately $16.7M (modeled range $2.9M–$41.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bio-Path Holdings Inc at?
Bio-Path Holdings Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Oct 08.
What does Bio-Path Holdings Inc do and where is it based?
Bio-Path Holdings Inc operates in the Biotechnology sector, based in BELLAIRE.
Explore related
See where Bio-Path Holdings Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Bio-Path Holdings Inc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.