Companies · Biotechnology

Ensho Therapeutics, Inc.

Woodcliff Lake · Biotechnology

Diligence memoA one-page analyst read on Ensho Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$47.9M
Total raised · real
4
Rounds
0.9×
Latest step-up
Top 20%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jan 20 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Ensho Therapeutics, Inc. looks fair 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 biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.94× the median modeled value of Series B Biotechnology companies in 2025–2027 (94 peers) — value vs value, same stage and era.
  • Within the normal band (94% of peer median) for its niche.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 14 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 Biotechnology

Ensho Therapeutics, Inc. is one of 4293 Biotechnology companies tracked from Woodcliff Lake. By capital raised it ranks in the upper tier (ahead of 81% 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
9
Investors (latest)
2024
Year incorporated
2026-01-20
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$50M$100M$150M$200MPre-Seed · 2024-07-19 Raised $400K (real) Modeled valuation $1.8M (est)$400K$1.8MPre-Seed2024Series A · 2024-10-24 Raised $5.0M (real) Modeled valuation $23M (est)$5.0M$23MSeries A2024Series B · 2025-06-12 Raised $23M (real) Modeled valuation $107M (est)$23M$107MSeries B2025Series B · 2026-01-20 Raised $20M (real) Modeled valuation $73M (est)$20M$73MSeries B2026+$5.0M+$23M+$20MCumulative $48M

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
Pre-Seed$400K · 2024
Series A$5.0M · 2024no Seed on file
Series B$22.5M · 2025
Series B extension$20.0M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$73.2M
Base estimate est.
$40.0M
Conservative case
$97.3M
Upside case
$111.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.8M · 2024-07-192024Series A · modeled $22.6M · 2024-10-24Series B · modeled $106.9M · 2025-06-12Series B · modeled $73.2M · 2026-01-202026
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$31.8M/yr
Capital velocity
2.0 yr
On record since
2024
First round
4
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. 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) 6.7× above median
This company$47.9M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$20.0M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$73.2M
Sector median$64.2M

Raised more than 81% of sector peers (real $). Modeled value above 53% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #51 of 94.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)MarvelBiome, Inc. · Series B Raised $54.9M · modeled $163.2M (est)Iantrek, Inc. · Series B Raised $58.2M · modeled $152.4M (est)Dualitas Therapeutics, Inc. · Series B Raised $32.6M · modeled $150.4M (est)Antares Therapeutics, Inc. · Series B Raised $70.0M · modeled $149.7M (est)OrthoBio Therapeutics, Inc. · Series B Raised $31.4M · modeled $147.5M (est)Medcura, Inc. · Series B Raised $40.9M · modeled $145.0M (est)Neurolutions Inc · Series B Raised $26.5M · modeled $144.9M (est)Renasant Bio, Inc. · Series B Raised $55.5M · modeled $144.0M (est)Caldera Therapeutics, Inc. · Series B Raised $37.5M · modeled $139.2M (est)VitriVax, Inc. · Series B Raised $29.4M · modeled $136.9M (est)DiaMedica Therapeutics Inc. · Series B Raised $110.4M · modeled $136.3M (est)OmniAb, Inc. · Series B Raised $30.0M · modeled $130.5M (est)Ensho Therapeutics, Inc. (this company) Raised $47.9M · modeled $73.2M (est)Ensho Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
MarvelBiome, Inc.Series B$54.9M$163.2M2.11×
Iantrek, Inc.Series B$58.2M$152.4M1.97×
Dualitas Therapeutics, Inc.Series B$32.6M$150.4M1.94×
Antares Therapeutics, Inc.Series B$70.0M$149.7M1.93×
OrthoBio Therapeutics, Inc.Series B$31.4M$147.5M1.90×
Medcura, Inc.Series B$40.9M$145.0M1.87×
Neurolutions IncSeries B$26.5M$144.9M1.87×
Renasant Bio, Inc.Series B$55.5M$144.0M1.86×
Caldera Therapeutics, Inc.Series B$37.5M$139.2M1.80×
VitriVax, Inc.Series B$29.4M$136.9M1.77×
DiaMedica Therapeutics Inc.Series B$110.4M$136.3M1.76×
OmniAb, Inc.Series B$30.0M$130.5M1.68×
Ensho Therapeutics, Inc. this companySeries B$47.9M$73.2M0.94×
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.
Pre-Seed$400K2024-07-19$2.2M$1.8M90%
Series A$5.0M2024-10-24$22.7M$22.6M90%
Series B$22.5M2025-06-12$125.0M$106.9M90%
Series B$20.0M2026-01-20$111.1M$73.2M90%
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. Pre-Seed$400K2024-07-19
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Series A$5.0M2024-10-24
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 12.5× larger than the prior — scaling up.
    • 1 investor on this round.
  3. Series B$22.5M2025-06-12
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Series B$20.0M2026-01-20
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~6mo cadence
$20.0M
Modeled next size est.range $20.0M$32.0M
0.9×
Last step-up
$31.8M/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
Eric Pham1 other2025-06
James Whitney1 other2025-06
Arash Rassoulpour2025-06
Bittoo Kanwar2024-07
Carlos Solorzano2025-06
Danielle Andrew Fry2024-10
Danielle Fry2025-06
Emily Andrew Weng2024-07
Emily Weng2025-06
Gerhard Hagn2026-01
James Andrew Whitney2024-07
Matthew Andrew McKevitt2024-07
Matthew McKevitt2025-06
Neena Bitritto-Garg2024-07
Registry & provenance

Ensho 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
2032849
SEC CIK
2024
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.

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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
Enveda Therapeutics, Inc.BiotechnologySeries C$1.1B89%
ENB Therapeutics, Inc.BiotechnologySeed$1.7M88%
Entasis Therapeutics Holdings Inc.BiotechnologySeries B$928.5M86%
EnZeta Immunotherapies, Inc.BiotechnologyPre-Seed$2.6M83%
Encentrio Therapeutics, Inc.BiotechnologyPre-Seed$4.1M83%
Enosi Life Sciences Corp.BiotechnologySeries A$266.6M82%
Enfuego Therapeutics, Inc.PharmaceuticalsPre-Seed$27.0M82%
Enrich Biosystems Inc.BiotechnologySeed$3.3M82%
Frequently asked
How much funding has Ensho Therapeutics, Inc. raised?
Ensho Therapeutics, Inc. has raised approximately $47.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Ensho Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Ensho Therapeutics, Inc. is approximately $73.2M (modeled range $40.0M–$97.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ensho Therapeutics, Inc. at?
Ensho Therapeutics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jan 20.
What does Ensho Therapeutics, Inc. do and where is it based?
Ensho Therapeutics, Inc. operates in the Biotechnology sector, based in Woodcliff Lake.
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