Diligence memo · auto-generated · as of July 2, 2026
Couragene, Inc.
Couragene, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Couragene, Inc. operates in Biotechnology, based in EDISON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Couragene, Inc. has raised $3.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.6M on 2022-08-24.
Most recent recorded round closed around 2024-04-03.
Valuation (modeled)modeled
Provath models Couragene, Inc. at approximately $5.5M (range $720K–$16M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.39× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round was 2.6× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 38% of Biotechnology peers (4293 compared).
Modeled value ranks above 11% of those peers.
Closest niche peers: Mesentech Inc., Marlinspike Therapeutics, Inc., Microbial Machines, Inc., Pearl Diagnostics, Inc., Crossfire Medical Inc.
Peoplefiled
4 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.