Diligence memo · auto-generated · as of July 2, 2026
Biocanic, Inc.
Biocanic, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Biocanic, Inc. operates in Other Technology, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Biocanic, Inc. has raised $2.6M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2025-01-03.
Most recent recorded round closed around 2025-01-03.
Valuation (modeled)modeled
Provath models Biocanic, Inc. at approximately $6.1M (range $1.3M–$14M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.07× the median modeled value of Seed Other Technology companies in 2025–2027 (459 peers) — value vs value, same stage and era. Within the normal band (107% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 18 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round stepped up 2.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 46% of Other Technology peers (21302 compared).
Modeled value ranks above 15% of those peers.
Closest niche peers: Income Laboratory, Inc., Strala Group, Inc., Volur, Inc., Tensor9 Inc., TwinKnowledge Inc.
Peoplefiled
3 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.