Companies · Pharmaceuticals

Decoy Therapeutics, Inc.

CAMBRIDGE · Pharmaceuticals

Diligence memoA one-page analyst read on Decoy Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$1.2M
Total raised · real
1
Rounds
0.8×
Latest step-up
Top 80%
Sector rank · raised
Seed
Latest stage · inferred · Fri Apr 11 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Decoy Therapeutics, Inc. looks under-valued 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.

Under-valued
  • Modeled value is 0.62× the median modeled value of Seed Pharmaceuticals companies in 2025–2027 (19 peers) — value vs value, same stage and era.
Active
  • Last raise 15 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

Decoy Therapeutics, Inc. is one of 1613 Pharmaceuticals companies tracked from CAMBRIDGE. By capital raised it ranks in the long tail (ahead of 21% 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
16
Investors (latest)
2025-04-11
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$1.3M$2.5M$3.8M$5.0MSeed · 2025-04-11 Raised $1.2M (real) Modeled valuation $3.8M (est)$1.2M$3.8MSeed2025Seed · 2025-04-11 Raised $1.0M (real) Modeled valuation $3.2M (est)$1.0M$3.2MSeed2025+$1.0MCumulative $2.2M

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
Seed$1.2M · 2025
Seed extension$1.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$3.8M
Base estimate est.
$907K
Conservative case
$8.2M
Upside case
$6.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Seed · modeled $3.8M · 2025-04-112025Seed · modeled $3.2M · 2025-04-112025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.68×/yr
Annual markup
2.20×/yr upside case
1.2 yr
Elapsed time used
1.2 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
1.2 yr
On record since
2025
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1613 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) 0.1× of median
This company$1.2M
Sector median$8.1M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$3.8M
Sector median$76.1M

Raised more than 21% of sector peers (real $). Modeled value above 7% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #15 of 19.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Kairos Pharma, LTD. · Seed Raised $4.2M · modeled $12.5M (est)Branch Therapeutics, Inc. · Seed Raised $4.0M · modeled $12.4M (est)ResBiotic Nutrition, Inc. · Seed Raised $6.6M · modeled $8.5M (est)Califia Pharma, Inc. · Seed Raised $4.4M · modeled $8.5M (est)BTB Therapeutics, Inc. · Seed Raised $6.7M · modeled $7.9M (est)Avana Health, Inc. · Seed Raised $3.0M · modeled $6.9M (est)Aptevo Therapeutics Inc. · Seed Raised $2.1M · modeled $6.7M (est)Owp Pharmaceuticals, Inc. · Seed Raised $5.1M · modeled $6.6M (est)Xtresse, Llc · Seed Raised $2.7M · modeled $6.5M (est)Lumina Pharmaceuticals Inc. · Seed Raised $2.0M · modeled $6.1M (est)Pneuma Respiratory, Inc. · Seed Raised $3.6M · modeled $6.0M (est)Sea Pharmaceuticals, LLC · Seed Raised $6.5M · modeled $5.3M (est)Decoy Therapeutics, Inc. (this company) Raised $1.2M · modeled $3.8M (est)Decoy Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Kairos Pharma, LTD.Seed$4.2M$12.5M2.05×
Branch Therapeutics, Inc.Seed$4.0M$12.4M2.02×
ResBiotic Nutrition, Inc.Seed$6.6M$8.5M1.39×
Califia Pharma, Inc.Seed$4.4M$8.5M1.38×
BTB Therapeutics, Inc.Seed$6.7M$7.9M1.30×
Avana Health, Inc.Seed$3.0M$6.9M1.13×
Aptevo Therapeutics Inc.Seed$2.1M$6.7M1.10×
Owp Pharmaceuticals, Inc.Seed$5.1M$6.6M1.07×
Xtresse, LlcSeed$2.7M$6.5M1.06×
Lumina Pharmaceuticals Inc.Seed$2.0M$6.1M1.00×
Pneuma Respiratory, Inc.Seed$3.6M$6.0M0.98×
Sea Pharmaceuticals, LLCSeed$6.5M$5.3M0.86×
Decoy Therapeutics, Inc. this companySeed$1.2M$3.8M0.62×
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.
Seed$1.2M2025-04-11$6.0M$3.8M90%
Seed$1.0M2025-04-11$5.1M$3.2M90%
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. Seed$1.2M2025-04-11
    • First recorded raise — entered as Seed.
    • 20 investors on this round.
  2. Seed$1.0M2025-04-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
Intelligence
Modeled next raise
$1.0M
Modeled next size est.range $1.0M$1.6M
0.8×
Last step-up
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
Barbara Klaus Hibner2025-04
Frederick Ernest Pierce2025-04
Michael Klaus Lipp2025-04
Peter Klaus Marschel2025-04
Registry & provenance

Decoy 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
2065438
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
Patient Focused Tele-Health LlcPharmaceuticalsSeed$1.2M$3.0Msame sector · same stage
Dna Seq 2, Inc.PharmaceuticalsSeed$1.2M$6.3Msame sector · same stage
SirnaMed Therapeutics Inc.PharmaceuticalsSeed$1.3M$5.9Msame sector · same stage
NuvOx Therapeutics, Inc.PharmaceuticalsSeed$1.3M$1.0Msame sector · same stage
Veracity Compound Pharmacy LlcPharmaceuticalsSeed$1.3M$2.2Msame sector · same stage
Plexiform Bioscience Inc.PharmaceuticalsSeed$1.3M$5.1Msame sector · same stage
Nutrivert Inc.PharmaceuticalsSeed$1.5M$14.2Msame sector · same stage
Vensun Pharmaceuticals, LLCPharmaceuticalsSeed$1.6M$2.8Msame 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
Psy Therapeutics, Inc.PharmaceuticalsSeries A$108.0M84%
Decoy Biosystems, Inc.BiotechnologySeries A$232.0M83%
Soley Therapeutics, Inc.BiotechnologySeries B$701.2M81%
AskY Therapeutics, Inc.BiotechnologyPre-Seed$2.3M81%
Mineralys Therapeutics, Inc.PharmaceuticalsSeries D+$2.4B81%
TherapeuticsMD, Inc.PharmaceuticalsSeries A$9.3M81%
NOXX Therapeutics, Inc.PharmaceuticalsPre-Seed$1.7M80%
Cambridge Therapeutic Technologies, LLCPharmaceuticalsSeries A$185.8M80%
Frequently asked
How much funding has Decoy Therapeutics, Inc. raised?
Decoy Therapeutics, Inc. has raised approximately $1.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Decoy Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Decoy Therapeutics, Inc. is approximately $3.8M (modeled range $907K–$8.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Decoy Therapeutics, Inc. at?
Decoy Therapeutics, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Apr 11.
What does Decoy Therapeutics, Inc. do and where is it based?
Decoy Therapeutics, Inc. operates in the Pharmaceuticals sector, based in CAMBRIDGE.
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