Companies · Biotechnology

Femasys Inc

SUWANEE · Biotechnology

Diligence memoA one-page analyst read on Femasys Inc — recommendation, valuation, rhythm, risks.
$74.7M
Total raised · real
13
Rounds
5.5×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Fri Nov 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Femasys 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 biotech 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 0.41× the median modeled value of Series B Biotechnology companies in 2025–2027 (94 peers) — value vs value, same stage and era.
Active
  • Last raise 8 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

Femasys Inc is one of 4291 Biotechnology companies tracked from SUWANEE. By capital raised it ranks in the upper tier (ahead of 87% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
12
Investors (latest)
2025-11-07
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$500M$1.0B$1.5B$2.0BSeed · 2009-06-01 Raised $2.2M (real) Modeled valuation $99M (est)Seed2009Seed · 2009-06-01 Raised $1.8M (real) Modeled valuation $78M (est)Seed2009Seed · 2010-08-11 Raised $1.0M (real) Modeled valuation $46M (est)Seed2010Seed · 2010-08-11 Raised $1.1M (real) Modeled valuation $48M (est)Seed2010Seed · 2011-02-24 Raised $642K (real) Modeled valuation $28M (est)Seed2011Seed · 2011-09-12 Raised $1.8M (real) Modeled valuation $78M (est)Seed2011Seed · 2012-05-31 Raised $1.0M (real) Modeled valuation $45M (est)Seed2012Seed · 2013-09-13 Raised $180K (real) Modeled valuation $8.0M (est)Seed2013Series A · 2015-04-16 Raised $8.0M (real) Modeled valuation $289M (est)Series A2015Series A · 2016-07-28 Raised $3.3M (real) Modeled valuation $119M (est)Series A2016Series B · 2016-12-14 Raised $37M (real) Modeled valuation $1.5B (est)Series B2016Series B · 2017-01-06 Raised $4.0M (real) Modeled valuation $159M (est)Series B2017Series B · 2023-11-14 Raised $6.8M (real) Modeled valuation $64M (est)Series B2023Series B · 2025-06-02 Raised $1.4M (real) Modeled valuation $7.0M (est)Series B2025Series B · 2025-11-07 Raised $8.0M (real) Modeled valuation $32M (est)Series B2025Cumulative $78M

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$2.2M · 2009
Seed extension$1.8M · 2009
Seed extension$1.0M · 2010
Seed extension$1.1M · 2010
Seed extension$642K · 2011
Seed extension$1.8M · 2011
Seed extension$1.0M · 2012
Seed extension$180K · 2013
Series A$8.0M · 2015
Series A extension$3.3M · 2016
Series B$36.6M · 2016
Series B extension$4.0M · 2017
Series B extension$6.8M · 2023
Series B extension$1.4M · 2025
Series B extension$8.0M · 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: 75%.

Modeled valuation trajectory
$32.0M
Base estimate est.
$16.1M
Conservative case
$44.2M
Upside case
$44.6M
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.

Seed · modeled $99.5M · 2009-06-012009Seed · modeled $77.7M · 2009-06-01Seed · modeled $45.5M · 2010-08-11Seed · modeled $47.7M · 2010-08-11Seed · modeled $28.5M · 2011-02-24Seed · modeled $77.7M · 2011-09-12Seed · modeled $44.8M · 2012-05-31Seed · modeled $8.0M · 2013-09-13Series A · modeled $289.2M · 2015-04-16Series A · modeled $119.2M · 2016-07-28Series B · modeled $1.5B · 2016-12-14Series B · modeled $158.8M · 2017-01-06Series B · modeled $64.0M · 2023-11-14Series B · modeled $7.0M · 2025-06-02Series B · modeled $32.0M · 2025-11-072025
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
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$4.5M/yr
Capital velocity
17.1 yr
On record since
2009
First round
15
Rounds on file
How it compares to the market

Benchmarked against 4291 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) 10× above median
This company$74.7M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$8.0M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$32.0M
Sector median$64.2M

Raised more than 87% of sector peers (real $). Modeled value above 36% 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 #71 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 $163.1M (est)Iantrek, Inc. · Series B Raised $58.2M · modeled $152.2M (est)Dualitas Therapeutics, Inc. · Series B Raised $32.6M · modeled $150.2M (est)Antares Therapeutics, Inc. · Series B Raised $70.0M · modeled $149.6M (est)OrthoBio Therapeutics, Inc. · Series B Raised $31.4M · modeled $147.3M (est)Medcura, Inc. · Series B Raised $40.9M · modeled $144.9M (est)Neurolutions Inc · Series B Raised $26.5M · modeled $144.7M (est)Renasant Bio, Inc. · Series B Raised $55.5M · modeled $143.9M (est)Caldera Therapeutics, Inc. · Series B Raised $37.5M · modeled $139.0M (est)VitriVax, Inc. · Series B Raised $29.4M · modeled $136.7M (est)DiaMedica Therapeutics Inc. · Series B Raised $110.4M · modeled $136.1M (est)OmniAb, Inc. · Series B Raised $30.0M · modeled $130.4M (est)Femasys Inc (this company) Raised $74.7M · modeled $32.0M (est)Femasys Inc
CompanyStageRaised · realValue · estvs peer med.
MarvelBiome, Inc.Series B$54.9M$163.1M2.11×
Iantrek, Inc.Series B$58.2M$152.2M1.97×
Dualitas Therapeutics, Inc.Series B$32.6M$150.2M1.94×
Antares Therapeutics, Inc.Series B$70.0M$149.6M1.93×
OrthoBio Therapeutics, Inc.Series B$31.4M$147.3M1.90×
Medcura, Inc.Series B$40.9M$144.9M1.87×
Neurolutions IncSeries B$26.5M$144.7M1.87×
Renasant Bio, Inc.Series B$55.5M$143.9M1.86×
Caldera Therapeutics, Inc.Series B$37.5M$139.0M1.80×
VitriVax, Inc.Series B$29.4M$136.7M1.77×
DiaMedica Therapeutics Inc.Series B$110.4M$136.1M1.76×
OmniAb, Inc.Series B$30.0M$130.4M1.68×
Femasys Inc this companySeries B$74.7M$32.0M0.41×
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$2.2M2009-06-01$11.2M$99.5M85%
Seed$1.8M2009-06-01$8.8M$77.7M85%
Seed$1.0M2010-08-11$5.1M$45.5M85%
Seed$1.1M2010-08-11$5.4M$47.7M85%
Seed$642K2011-02-24$3.2M$28.5M85%
Seed$1.8M2011-09-12$8.8M$77.7M85%
Seed$1.0M2012-05-31$5.0M$44.8M85%
Seed$180K2013-09-13$900K$8.0M85%
Series A$8.0M2015-04-16$36.4M$289.2M85%
Series A$3.3M2016-07-28$15.0M$119.2M85%
Series B$36.6M2016-12-14$203.5M$1.5B90%
Series B$4.0M2017-01-06$22.2M$158.8M90%
Series B$6.8M2023-11-14$38.1M$64.0M90%
Series B$1.4M2025-06-02$8.1M$7.0M90%
Series B$8.0M2025-11-07$44.6M$32.0M90%
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$2.2M2009-06-01
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Seed$1.8M2009-06-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  3. Seed$1.0M2010-08-11
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  4. Seed$1.1M2010-08-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  5. Seed$642K2011-02-24
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  6. Seed$1.8M2011-09-12
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 1 investor on this round.
  7. Seed$1.0M2012-05-31
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Seed$180K2013-09-13
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 5.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 06).
    • 3 investors on this round.
  9. Series A$8.0M2015-04-16
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 44.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
  10. Series A$3.3M2016-07-28
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  11. Series B$36.6M2016-12-14
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 11.1× larger than the prior — scaling up.
    • 18 investors on this round.
  12. Series B$4.0M2017-01-06
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 9.2× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  13. Series B$6.8M2023-11-14
    • Raised again after 82 mo — slower than the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 4 investors on this round.
  14. Series B$1.4M2025-06-02
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 4.7× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  15. Series B$8.0M2025-11-07
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 5.5× larger than the prior — scaling up.
    • 12 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~14mo cadence
$24.1M
Modeled next size est.range $15.6M$38.5M
5.5×
Last step-up
$4.5M/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
Joshua Silverman7 other2023-11
Charles Larsen6 other2016-07
John Adams5 other2016-07
Parker H. Petit4 other2011-02
Gary Thompson3 other2011-09
DOV ELEFANT2 other2023-11
Fred Aslan2 other2016-07
John Dyett2 other2016-12
Alistair Milnes2023-11
Daniel Currie2010-08
Daniel S. Currie2009-06
Edward R., Jr. Uzialko2015-04
Edward R. Uzialko2025-11
Edward R. Uzialko, Jr.2009-06
Edward Uzialko2010-08
Gary E. Thompson2012-05
James Dorsey2011-09
James E. Dorsey2012-05
Jeffrey A. Marcus2009-06
Jeffrey Marcus2010-08
John Q. Adams2015-04
Kathy Lee-Sepsick2009-06
Kathy Q. Lee-Sepsick2015-04
Lisa E. Peacock2012-05
Registry & provenance

Femasys 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
1339005
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
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Synaptogenix, Inc.BiotechnologySeries A$66.8M$31.1Mnetwork1 shared operator · same sector
Syndevrx IncBiotechnologySeries B$79.2M$39.7Msame sector · same stage
CuraSen Therapeutics, Inc.BiotechnologySeries B$68.6M$38.6Msame sector · same stage
Simcha Therapeutics Holding Company, LLCBiotechnologySeries B$68.1M$33.7Msame 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
MaraBio Systems Inc.BiotechnologySeries B$124.1M85%
StemBioSys Inc.BiotechnologySeries A$43.8M83%
Kit Company, Inc.BiotechnologySeed$119.6M83%
Greffex IncBiotechnologyPre-Seed$8.6M83%
Stasys Medical Corp.BiotechnologySeed$55.6M83%
Decoy Biosystems, Inc.BiotechnologySeries A$232.0M83%
MarvelBiome, Inc.BiotechnologySeries B$163.1M82%
Cytovia Holdings, Inc.BiotechnologySeries A$12.7M82%
Frequently asked
How much funding has Femasys Inc raised?
Femasys Inc has raised approximately $74.7M in disclosed capital across 13 recorded financing rounds, aggregated from public filings.
What is Femasys Inc's estimated valuation?
Provath's modeled valuation for Femasys Inc is approximately $32.0M (modeled range $16.1M–$44.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Femasys Inc at?
Femasys Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Nov 07.
What does Femasys Inc do and where is it based?
Femasys Inc operates in the Biotechnology sector, based in SUWANEE.
Explore related

See where Femasys Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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