Companies · Pharmaceuticals

Corner Therapeutics, Inc.

WATERTOWN · Pharmaceuticals

Diligence memoA one-page analyst read on Corner Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$75.3M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 13%
Sector rank · raised
Series C
Latest stage · inferred · Fri Sep 26 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Corner Therapeutics, Inc. looks fair against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the pharma 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 0.78× the median modeled value of Series C Pharmaceuticals companies in 2025–2027 (25 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Pharmaceuticals

Corner Therapeutics, Inc. is one of 1610 Pharmaceuticals companies tracked from WATERTOWN. By capital raised it ranks in the upper tier (ahead of 88% of sector peers), and mid-pack 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
4
Investors (latest)
2025-09-26
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$250M$500M$750M$1.0BSeries C · 2023-05-31 Raised $51M (real) Modeled valuation $650M (est)$51M$650MSeries C2023Series C · 2023-05-31 Raised $59M (real) Modeled valuation $746M (est)$59M$746MSeries C2023Series C · 2023-05-31 Raised $53M (real) Modeled valuation $682M (est)$53M$682MSeries C2023Series C · 2025-09-26 Raised $17M (real) Modeled valuation $95M (est)$17M$95MSeries C2025+$59M+$53M+$17MCumulative $180M

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 C$50.9M · 2023
Series C extension$58.5M · 2023
Series C extension$53.4M · 2023
Series C extension$16.8M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$95.3M
Base estimate est.
$54.4M
Conservative case
$122.1M
Upside case
$111.7M
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 pharma sector profile. Directional, not a quoted figure.

Series C · modeled $649.7M · 2023-05-312023Series C · modeled $746.2M · 2023-05-31Series C · modeled $681.6M · 2023-05-31Series C · modeled $95.3M · 2025-09-262025
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
0.8 yr
Elapsed time used
0.8 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$32.4M/yr
Capital velocity
3.1 yr
On record since
2023
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1610 companies in Pharmaceuticals. 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) 9.3× above median
This company$75.3M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$16.8M
Sector median$46.7M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$95.3M
Sector median$76.1M

Raised more than 88% of sector peers (real $). Modeled value above 54% 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 #16 of 25.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)BlossomHill Therapeutics, Inc. · Series C Raised $245.8M · modeled $452.2M (est)Rivus Pharmaceuticals, Inc. · Series C Raised $223.5M · modeled $415.9M (est)Sparrow Pharmaceuticals, Inc. · Series C Raised $73.3M · modeled $386.2M (est)Arthrosi Therapeutics, Inc. · Series C Raised $132.9M · modeled $385.2M (est)Altesa BioSciences, Inc. · Series C Raised $110.0M · modeled $373.5M (est)Mirum Pharmaceuticals, Inc. · Series C Raised $138.5M · modeled $347.9M (est)Eyenovia, Inc. · Series C Raised $66.0M · modeled $312.3M (est)Alveus Therapeutics, Inc. · Series C Raised $56.9M · modeled $297.8M (est)Aeovian Pharmaceuticals, Inc. · Series C Raised $125.0M · modeled $297.5M (est)Curevo, Inc. · Series C Raised $110.0M · modeled $293.0M (est)Neuropathix, Inc. · Series C Raised $51.3M · modeled $270.8M (est)Verrica Pharmaceuticals Inc. · Series C Raised $77.5M · modeled $268.8M (est)Corner Therapeutics, Inc. (this company) Raised $75.3M · modeled $95.3M (est)Corner Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
BlossomHill Therapeutics, Inc.Series C$245.8M$452.2M3.72×
Rivus Pharmaceuticals, Inc.Series C$223.5M$415.9M3.42×
Sparrow Pharmaceuticals, Inc.Series C$73.3M$386.2M3.18×
Arthrosi Therapeutics, Inc.Series C$132.9M$385.2M3.17×
Altesa BioSciences, Inc.Series C$110.0M$373.5M3.08×
Mirum Pharmaceuticals, Inc.Series C$138.5M$347.9M2.86×
Eyenovia, Inc.Series C$66.0M$312.3M2.57×
Alveus Therapeutics, Inc.Series C$56.9M$297.8M2.45×
Aeovian Pharmaceuticals, Inc.Series C$125.0M$297.5M2.45×
Curevo, Inc.Series C$110.0M$293.0M2.41×
Neuropathix, Inc.Series C$51.3M$270.8M2.23×
Verrica Pharmaceuticals Inc.Series C$77.5M$268.8M2.21×
Corner Therapeutics, Inc. this companySeries C$75.3M$95.3M0.78×
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 C$50.9M2023-05-31$339.6M$649.7M90%
Series C$58.5M2023-05-31$390.1M$746.2M90%
Series C$53.4M2023-05-31$356.3M$681.6M90%
Series C$16.8M2025-09-26$111.7M$95.3M90%
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 C$50.9M2023-05-31
    • First recorded raise — entered as Series C.
    • 14 investors on this round.
  2. Series C$58.5M2023-05-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  3. Series C$53.4M2023-05-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  4. Series C$16.8M2025-09-26
    • Raised again after 28 mo — slower than the ~13 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~9mo cadence
$16.8M
Modeled next size est.range $16.8M$26.8M
0.3×
Last step-up
$32.4M/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
Steven Altschuler4 other2025-09
Alan Ezekowitz3 other2023-05
Jeffrey Karp2 other2023-05
Jonathan Kagan2 other2023-05
Andrew Bellinger1 other2023-05
Richard Malley1 other2023-05
Steve Altschuler1 other2023-05
Andrew Cornforth2023-05
Garrett Nichols2025-09
Nichols Garrett2023-05
Nick Seaver2023-05
Registry & provenance

Corner Therapeutics, 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
2019875
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.

CompanySectorStageRaised · realValue · estWhy similar
Platelet BioGenesis, Inc.OtherSeries B$72.9M$426.7Mnetwork2 shared operators
RedHill Biopharma Ltd.PharmaceuticalsSeries C$72.5M$101.6Msame sector · same stage
Allena Pharmaceuticals, Inc.PharmaceuticalsSeries C$80.5M$75.0Msame sector · same stage
Marina Biotech, Inc.PharmaceuticalsSeries C$69.2M$113.7Msame sector · same stage
Tango Therapeutics, Inc.PharmaceuticalsSeries C$95.0M$83.1Msame sector · same stage
Septerna, Inc.BiotechnologySeries C$73.5M$962.7Mnetwork1 shared operator · same stage
Transposon Therapeutics, Inc.PharmaceuticalsSeries C$59.1M$40.6Msame sector · same stage
Pelthos Therapeutics Inc.PharmaceuticalsSeries C$98.8M$98.5Msame sector · same stage
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
Ratio Therapeutics, Inc.PharmaceuticalsSeries C$539.5M83%
Matchpoint Therapeutics Inc.PharmaceuticalsSeries C$671.7M82%
Branch Therapeutics, Inc.PharmaceuticalsSeed$12.3M82%
Tango Therapeutics, Inc.PharmaceuticalsSeries C$83.1M81%
Plus Therapeutics, Inc.PharmaceuticalsSeries A$9.3M81%
Corner Health Platform, Inc.HealthtechSeries A$27.7M81%
Chase Therapeutics CorpPharmaceuticalsSeed$152.2M80%
Context Therapeutics Inc.PharmaceuticalsSeries C$922.2M80%
Frequently asked
How much funding has Corner Therapeutics, Inc. raised?
Corner Therapeutics, Inc. has raised approximately $75.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Corner Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Corner Therapeutics, Inc. is approximately $95.3M (modeled range $54.4M–$122.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Corner Therapeutics, Inc. at?
Corner Therapeutics, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Sep 26.
What does Corner Therapeutics, Inc. do and where is it based?
Corner Therapeutics, Inc. operates in the Pharmaceuticals sector, based in WATERTOWN.
Explore related

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

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