Diligence memo · auto-generated · as of July 3, 2026

Decoy Therapeutics, Inc.

Decoy Therapeutics, Inc. looks under-valued against its niche peers and is active on financing cadence.

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

Businessfiled

Decoy Therapeutics, Inc. operates in Pharmaceuticals, based in CAMBRIDGE.

Sub-sector tags: pharma.

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

Capital & rounds (filed)filed

Decoy Therapeutics, Inc. has raised $1.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $1.2M on 2025-04-11.

Most recent recorded round closed around 2025-04-11.

Valuation (modeled)modeled

Provath models Decoy Therapeutics, Inc. at approximately $3.8M (range $907K–$8.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

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

Financing rhythm & timingmixed

Last raise 15 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

Comparablesmixed

Capital scale ranks ahead of 21% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 7% of those peers.

Closest niche peers: Kairos Pharma, LTD., Branch Therapeutics, Inc., ResBiotic Nutrition, Inc., Califia Pharma, Inc., BTB Therapeutics, 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.