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

Biomason Inc.

Biomason Inc. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Biomason Inc. operates in Other, based in DURHAM.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

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

Capital & rounds (filed)filed

Biomason Inc. has raised $112M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $65M on 2022-02-11.

Most recent recorded round closed around 2024-12-19.

Valuation (modeled)modeled

Provath models Biomason Inc. at approximately $259M (range $142M–$369M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.48× the median modeled value of Series C Other companies in 2022–2024 (192 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 27 months.

Last raise 18 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round was 1.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 97% of Other peers (25015 compared).

Modeled value ranks above 90% of those peers.

Closest niche peers: Wild Type, Inc., Thingy Thing Inc., Intelycare, Inc., CertiK Global Ltd., Ivanhoe Electric Inc..

Peoplefiled

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

Risks & flagsmixed

Broad sector classification weakens peer comparison.

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