Companies · Pharmaceuticals

Enalare Therapeutics Inc.

PRINCETON · Pharmaceuticals

Diligence memoA one-page analyst read on Enalare Therapeutics Inc. — recommendation, valuation, rhythm, risks.
$23.5M
Total raised · real
3
Rounds
12.2×
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Mon Aug 08 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Enalare Therapeutics Inc. looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 4.62× the median modeled value of Series A Pharmaceuticals companies in 2022–2024 (64 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.9 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Enalare Therapeutics Inc. is one of 1613 Pharmaceuticals companies tracked from PRINCETON. By capital raised it ranks mid-pack (ahead of 69% 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
1
Investors (latest)
2018
Year incorporated
2022-08-08
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$125M$250M$375M$500MSeries A · 2020-12-11 Raised $5.0M (real) Modeled valuation $127M (est)$5.0M$127MSeries A2020Series A · 2020-12-21 Raised $10M (real) Modeled valuation $251M (est)$10M$251MSeries A2020Series A · 2022-02-07 Raised $1.0M (real) Modeled valuation $15M (est)$1.0M$15MSeries A2022Series A · 2022-08-08 Raised $13M (real) Modeled valuation $151M (est)$13M$151MSeries A2022+$10M+$1.0M+$13MCumulative $29M

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 A$5.0M · 2020
Series A extension$10.0M · 2020
Series A extension$1.0M · 2022
Series A extension$12.5M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$150.9M
Base estimate est.
$14.3M
Conservative case
$505.3M
Upside case
$56.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series A · modeled $126.8M · 2020-12-112020Series A · modeled $250.6M · 2020-12-21Series A · modeled $15.5M · 2022-02-07Series A · modeled $150.9M · 2022-08-082022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.57×/yr
Annual markup
1.97×/yr upside case
3.9 yr
Elapsed time used
3.9 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$14.2M/yr
Capital velocity
5.6 yr
On record since
2020
First round
4
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) 2.9× above median
This company$23.5M
Sector median$8.1M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.4× above median
This company$12.5M
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 2.0× above median
This company$150.9M
Sector median$76.1M

Raised more than 69% of sector peers (real $). Modeled value above 63% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #2 of 64.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Hallux, Inc. · Series A Raised $20.0M · modeled $151.6M (est)Silver Creek Pharmaceuticals, Inc. · Series A Raised $12.6M · modeled $139.3M (est)NQ PE Project Stingray Parent, L.P. · Series A Raised $11.4M · modeled $131.7M (est)Acta Pharmaceuticals, Inc. · Series A Raised $13.4M · modeled $121.5M (est)Groff North America, LLC · Series A Raised $13.1M · modeled $105.9M (est)Hoth Therapeutics, Inc. · Series A Raised $33.7M · modeled $100.6M (est)Eyegate Pharmaceuticals Inc · Series A Raised $72.9M · modeled $92.6M (est)resistanceBio, Inc. · Series A Raised $12.8M · modeled $79.5M (est)T3D Therapeutics, Inc. · Series A Raised $30.0M · modeled $70.9M (est)Aspire BioPharma, Inc. · Series A Raised $10.0M · modeled $69.4M (est)Octagon Therapeutics, Inc. · Series A Raised $12.4M · modeled $68.3M (est)Enalare Therapeutics Inc. (this company) Raised $23.5M · modeled $150.9M (est)Enalare Therapeutics Inc.
CompanyStageRaised · realValue · estvs peer med.
Hallux, Inc.Series A$20.0M$151.6M4.65×
Enalare Therapeutics Inc. this companySeries A$23.5M$150.9M4.62×
Silver Creek Pharmaceuticals, Inc.Series A$12.6M$139.3M4.27×
NQ PE Project Stingray Parent, L.P.Series A$11.4M$131.7M4.04×
Acta Pharmaceuticals, Inc.Series A$13.4M$121.5M3.72×
Groff North America, LLCSeries A$13.1M$105.9M3.25×
Hoth Therapeutics, Inc.Series A$33.7M$100.6M3.08×
Eyegate Pharmaceuticals IncSeries A$72.9M$92.6M2.84×
resistanceBio, Inc.Series A$12.8M$79.5M2.44×
T3D Therapeutics, Inc.Series A$30.0M$70.9M2.17×
Aspire BioPharma, Inc.Series A$10.0M$69.4M2.13×
Octagon Therapeutics, Inc.Series A$12.4M$68.3M2.09×
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 A$5.0M2020-12-11$22.7M$126.8M90%
Series A$10.0M2020-12-21$45.5M$250.6M90%
Series A$1.0M2022-02-07$4.7M$15.5M90%
Series A$12.5M2022-08-08$56.8M$150.9M90%
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 A$5.0M2020-12-11
    • First recorded raise — entered as Series A.
  2. Series A$10.0M2020-12-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× larger than the prior — scaling up.
  3. Series A$1.0M2022-02-07
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 9.7× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  4. Series A$12.5M2022-08-08
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 12.2× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~7mo cadence
$37.5M
Modeled next size est.range $24.4M$60.0M
12.2×
Last step-up
$14.2M/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
Gino Santini4 other2020-12
Mark Coleman2 other2022-02
Joseph Pergolizzi1 other2020-12
Daniel Motto2020-12
Herman Cukier2020-12
Joseph Petko2020-12
Robert Yedid2020-12
Registry & provenance

Enalare 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
1835701
SEC CIK
2018
Incorporated
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
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PharmaCielo Ltd.PharmaceuticalsSeries A$22.8M$195.6Msame sector · same stage
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Acton Pharmaceuticals, Inc.PharmaceuticalsSeries A$21.7M$216.8Msame sector · same stage
Neumentum, Inc.PharmaceuticalsSeries B$32.5M$343.9Mnetwork1 shared operator · same sector
Invenra Inc.PharmaceuticalsSeries A$21.3M$220.8Msame sector · same stage
Infacare Pharmaceutical CorpPharmaceuticalsSeries A$26.7M$108.4Msame 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
Enlaza Therapeutics, Inc.PharmaceuticalsSeries C$87.7M86%
Enliven Therapeutics, Inc.PharmaceuticalsSeries C$867.9M83%
Entrada Therapeutics, Inc.PharmaceuticalsSeries D+$3.3B81%
Enfuego Therapeutics, Inc.PharmaceuticalsPre-Seed$27.0M80%
Enveda Therapeutics, Inc.BiotechnologySeries C$1.1B80%
Respira Therapeutics, Inc.PharmaceuticalsSeries A$282.0M79%
ACEA Therapeutics, Inc.PharmaceuticalsSeries B$612.1M79%
Enumeral Biomedical Holdings, Inc.PharmaceuticalsSeries B$22.7M79%
Frequently asked
How much funding has Enalare Therapeutics Inc. raised?
Enalare Therapeutics Inc. has raised approximately $23.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Enalare Therapeutics Inc.'s estimated valuation?
Provath's modeled valuation for Enalare Therapeutics Inc. is approximately $150.9M (modeled range $14.3M–$505.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Enalare Therapeutics Inc. at?
Enalare Therapeutics Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Aug 08.
What does Enalare Therapeutics Inc. do and where is it based?
Enalare Therapeutics Inc. operates in the Pharmaceuticals sector, based in PRINCETON.
Explore related

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