Diligence memo · auto-generated · as of July 2, 2026

Eliem Therapeutics, Inc.

Eliem Therapeutics, Inc. looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 2.9× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Eliem Therapeutics, Inc. operates in Pharmaceuticals, based in WILMINGTON.

Sub-sector tags: pharma.

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

Capital & rounds (filed)filed

Eliem Therapeutics, Inc. has raised $253M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $120M on 2024-06-27.

Most recent recorded round closed around 2024-06-27.

Valuation (modeled)modeled

Provath models Eliem Therapeutics, Inc. at approximately $1.3B (range $571M–$1.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.68× the median modeled value of Series D+ Pharmaceuticals companies in 2022–2024 (18 peers) — value vs value, same stage and era. Within the normal band (68% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 2.0 yr ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round stepped up 2.9× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: Paragon Biosciences Emalex Capital, Inc., TrialSpark, Inc., Fog Pharmaceuticals, Inc., MAPS Public Benefit Corp, Karyopharm Therapeutics Inc..

Peoplefiled

15 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.