Companies · Biotechnology

Centrexion Therapeutics Corp

BOSTON · Biotechnology

Diligence memoA one-page analyst read on Centrexion Therapeutics Corp — recommendation, valuation, rhythm, risks.
$202.0M
Total raised · real
13
Rounds
1.4×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Thu Dec 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Centrexion Therapeutics Corp looks under-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.

Under-valued
  • Modeled value is 0.07× the median modeled value of Series C Biotechnology companies in 2022–2024 (111 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.5 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

Centrexion Therapeutics Corp is one of 4293 Biotechnology companies tracked from BOSTON. By capital raised it ranks among the largest (ahead of 97% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
116
Investors (latest)
2023-12-28
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$1.3B$2.5B$3.8B$5.0BSeries A · 2013-11-20 Raised $15M (real) Modeled valuation $532M (est)Series A2013Series A · 2013-11-20 Raised $8.8M (real) Modeled valuation $316M (est)Series A · 2013-11-20 Raised $15M (real) Modeled valuation $532M (est)Series A2013Series A · 2016-03-01 Raised $11M (real) Modeled valuation $380M (est)Series A · 2016-04-08 Raised $6.9M (real) Modeled valuation $250M (est)Series A2016Series A · 2016-06-14 Raised $11M (real) Modeled valuation $404M (est)Series B · 2016-12-30 Raised $17M (real) Modeled valuation $657M (est)Series B2016Series B · 2017-04-28 Raised $5.3M (real) Modeled valuation $210M (est)Series C · 2017-12-18 Raised $70M (real) Modeled valuation $2.8B (est)Series C2017Series C · 2021-01-12 Raised $14M (real) Modeled valuation $451M (est)Series B · 2022-05-24 Raised $16M (real) Modeled valuation $290M (est)Series B2022Series C · 2022-05-24 Raised $29M (real) Modeled valuation $580M (est)Series B · 2022-05-24 Raised $24M (real) Modeled valuation $418M (est)Series B2022Series C · 2023-06-14 Raised $10M (real) Modeled valuation $137M (est)Series A · 2023-06-14 Raised $10M (real) Modeled valuation $90M (est)Series A2023Series C · 2023-11-14 Raised $2.3M (real) Modeled valuation $26M (est)Series C · 2023-12-28 Raised $3.3M (real) Modeled valuation $35M (est)Series C2023Cumulative $267M

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
Series A$14.7M · 2013
Series A extension$8.8M · 2013
Series A extension$14.7M · 2013
Series A extension$10.5M · 2016
Series A extension$6.9M · 2016
Series A extension$11.2M · 2016
Series B$16.6M · 2016
Series B extension$5.3M · 2017
Series C$69.6M · 2017
Series C extension$13.5M · 2021
Bridge · Series C-stage$16.5M · 2022smaller follow-on
Series C extension$29.1M · 2022
Bridge · Series C-stage$23.8M · 2022smaller follow-on
Series C extension$10.3M · 2023
Bridge · Series C-stage$10.3M · 2023smaller follow-on
Series C extension$2.3M · 2023
Series C extension$3.3M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$35.3M
Base estimate est.
$10.1M
Conservative case
$57.5M
Upside case
$21.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $532.5M · 2013-11-202013Series A · modeled $316.3M · 2013-11-20Series A · modeled $532.5M · 2013-11-20Series A · modeled $380.2M · 2016-03-01Series A · modeled $249.6M · 2016-04-08Series A · modeled $403.6M · 2016-06-14Series B · modeled $657.4M · 2016-12-30Series B · modeled $209.8M · 2017-04-28Series C · modeled $2.8B · 2017-12-18Series C · modeled $451.4M · 2021-01-12Series B · modeled $290.1M · 2022-05-24Series C · modeled $580.0M · 2022-05-24Series B · modeled $418.3M · 2022-05-24Series C · modeled $136.8M · 2023-06-14Series A · modeled $89.5M · 2023-06-14Series C · modeled $26.1M · 2023-11-14Series C · modeled $35.3M · 2023-12-282023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$20.0M/yr
Capital velocity
12.6 yr
On record since
2013
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) 28× above median
This company$202.0M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$3.3M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$35.3M
Sector median$64.2M

Raised more than 97% of sector peers (real $). Modeled value above 38% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #105 of 111.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Dianthus Therapeutics, Inc. · Series C Raised $121.5M · modeled $2.1B (est)Satellite Biosciences, Inc. · Series C Raised $101.5M · modeled $1.8B (est)Deepcell, Inc. · Series C Raised $96.9M · modeled $1.7B (est)Ventus Therapeutics U.S., Inc. · Series C Raised $186.8M · modeled $1.6B (est)Morphic Holding, Inc. · Series C Raised $200.6M · modeled $1.5B (est)Genleap Ai Inc. · Series C Raised $100.0M · modeled $1.5B (est)Dren Bio, Inc. · Series C Raised $93.1M · modeled $1.3B (est)Lenz Therapeutics, Inc. · Series C Raised $136.2M · modeled $1.2B (est)eyeBrain Medical, Inc. · Series C Raised $126.3M · modeled $1.2B (est)A2 Biotherapeutics, Inc. · Series C Raised $143.1M · modeled $1.2B (est)Invetx, Inc. · Series C Raised $70.7M · modeled $1.2B (est)Hexagon Bio Inc. · Series C Raised $148.6M · modeled $1.2B (est)Centrexion Therapeutics Corp (this company) Raised $202.0M · modeled $35.3M (est)Centrexion Therapeutics Corp
CompanyStageRaised · realValue · estvs peer med.
Dianthus Therapeutics, Inc.Series C$121.5M$2.1B4.22×
Satellite Biosciences, Inc.Series C$101.5M$1.8B3.63×
Deepcell, Inc.Series C$96.9M$1.7B3.38×
Ventus Therapeutics U.S., Inc.Series C$186.8M$1.6B3.14×
Morphic Holding, Inc.Series C$200.6M$1.5B3.04×
Genleap Ai Inc.Series C$100.0M$1.5B3.00×
Dren Bio, Inc.Series C$93.1M$1.3B2.70×
Lenz Therapeutics, Inc.Series C$136.2M$1.2B2.49×
eyeBrain Medical, Inc.Series C$126.3M$1.2B2.45×
A2 Biotherapeutics, Inc.Series C$143.1M$1.2B2.42×
Invetx, Inc.Series C$70.7M$1.2B2.36×
Hexagon Bio Inc.Series C$148.6M$1.2B2.36×
Centrexion Therapeutics Corp this companySeries C$202.0M$35.3M0.07×
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.
Series A$14.7M2013-11-20$66.9M$532.5M85%
Series A$8.8M2013-11-20$39.8M$316.3M85%
Series A$14.7M2013-11-20$66.9M$532.5M85%
Series A$10.5M2016-03-01$47.8M$380.2M85%
Series A$6.9M2016-04-08$31.4M$249.6M85%
Series A$11.2M2016-06-14$50.7M$403.6M85%
Series B$16.6M2016-12-30$92.0M$657.4M90%
Series B$5.3M2017-04-28$29.4M$209.8M90%
Series C$69.6M2017-12-18$463.8M$2.8B90%
Series C$13.5M2021-01-12$90.0M$451.4M90%
Series B$16.5M2022-05-24$91.5M$290.1M90%
Series C$29.1M2022-05-24$194.3M$580.0M90%
Series B$23.8M2022-05-24$131.9M$418.3M90%
Series C$10.3M2023-06-14$68.5M$136.8M90%
Series A$10.3M2023-06-14$46.7M$89.5M90%
Series C$2.3M2023-11-14$15.3M$26.1M90%
Series C$3.3M2023-12-28$21.7M$35.3M90%
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. Series A$14.7M2013-11-20
    • First recorded raise — entered as Series A.
    • 98 investors on this round.
  2. Series A$8.8M2013-11-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  3. Series A$14.7M2013-11-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 98 investors on this round.
  4. Series A$10.5M2016-03-01
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 25 investors on this round.
  5. Series A$6.9M2016-04-08
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 21 investors on this round.
  6. Series A$11.2M2016-06-14
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 61 investors on this round.
  7. Series B$16.6M2016-12-30
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 14 investors on this round.
  8. Series B$5.3M2017-04-28
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 40 investors on this round.
  9. Series C$69.6M2017-12-18
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 13.2× larger than the prior — scaling up.
    • 67 investors on this round.
  10. Series C$13.5M2021-01-12
    • Raised again after 37 mo — slower than the ~14 mo sector norm.
    • Round 5.2× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  11. Series B$16.5M2022-05-24
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 25 investors on this round.
  12. Series C$29.1M2022-05-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 47 investors on this round.
  13. Series B$23.8M2022-05-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 43 investors on this round.
  14. Series C$10.3M2023-06-14
    • Raised 13 mo later, in step with the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 124 investors on this round.
  15. Series A$10.3M2023-06-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 124 investors on this round.
  16. Series C$2.3M2023-11-14
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 4.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  17. Series C$3.3M2023-12-28
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 116 investors on this round.
Intelligence
2024 ~Q3
Modeled next raise · ~8mo cadence
$4.6M
Modeled next size est.range $3.3M$7.4M
1.4×
Last step-up
$20.0M/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
Isaac Blech13 other2013-11
Arnold Oronsky9 other2017-04
Arnold L. Oronsky5 other2013-11
Sol Barer5 other2013-11
Sol J. Barer5 other2017-04
MICHAEL J. WARD4 other2021-01
Isaac J. Blech2 other2017-12
Jeffrey B. Kindler1 other2013-11
SARA J. NAYEEM1 other2017-12
Colin J. Hill2022-05
Daniel J. Mendelson2021-01
Dezhi J. Kang, Ph.D.2022-05
Gregg J. Beloff2017-12
Gregg L. Beloff2016-03
James N. Campbell2013-11
James N. Campbell, M.D.2022-05
J.C. J. Lopez, M.D.2023-06
J. C. Lopez, M.D.2022-05
Joseph R. Swedish2021-01
Kerrie L. Brady2013-11
Peter R. Wirth2022-05
Randall M. Stevens2017-04
Shawn J. Tomasello2017-12
Shawn R. Tomasello2021-01
Registry & provenance

Centrexion Therapeutics Corp 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
1592052
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.

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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
Celixir plcBiotechnologySeed$66.6M85%
Cesca Therapeutics Inc.BiotechnologySeries A$29.3M84%
GeneCentric Therapeutics, Inc.BiotechnologySeries A$6.7M84%
Silexion Therapeutics CorpBiotechnologySeed$9.6M84%
Cedilla Therapeutics, Inc.BiotechnologySeries C$3.1B84%
Anelixis Therapeutics, Inc.BiotechnologySeries A$36.2M83%
Absco Therapeutics, Inc.BiotechnologySeries A$15.2M83%
Combined Therapeutics, Inc.BiotechnologyPre-Seed$13.8M83%
Frequently asked
How much funding has Centrexion Therapeutics Corp raised?
Centrexion Therapeutics Corp has raised approximately $202.0M in disclosed capital across 13 recorded financing rounds, aggregated from public filings.
What is Centrexion Therapeutics Corp's estimated valuation?
Provath's modeled valuation for Centrexion Therapeutics Corp is approximately $35.3M (modeled range $10.1M–$57.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Centrexion Therapeutics Corp at?
Centrexion Therapeutics Corp's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Dec 28.
What does Centrexion Therapeutics Corp do and where is it based?
Centrexion Therapeutics Corp operates in the Biotechnology sector, based in BOSTON.
Explore related

See where Centrexion Therapeutics Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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