Companies · Biotechnology

Flow Pharma, Inc.

WARRENSVILLE HEIGHTS · Biotechnology

Diligence memoA one-page analyst read on Flow Pharma, Inc. — recommendation, valuation, rhythm, risks.
$3.8M
Total raised · real
4
Rounds
1.3×
Latest step-up
Top 62%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jul 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Flow Pharma, Inc. looks under-valued against its niche peers and is quiet 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 0.07× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Quiet
  • Last raise 23 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.
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

Flow Pharma, Inc. is one of 4291 Biotechnology companies tracked from WARRENSVILLE HEIGHTS. By capital raised it ranks in the long tail (ahead of 39% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2024-07-31
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$200MSeed · 2011-04-29 Raised $1.1M (real) Modeled valuation $51M (est)$1.1M$51MSeed2011Seed · 2016-03-21 Raised $2.3M (real) Modeled valuation $100M (est)$2.3M$100MSeed2016Seed · 2022-10-20 Raised $180K (real) Modeled valuation $2.2M (est)$180K$2.2MSeed2022Seed · 2024-07-31 Raised $225K (real) Modeled valuation $1.0M (est)$225K$1.0MSeed2024+$2.3M+$180K+$225KCumulative $3.8M

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$1.1M · 2011
Seed extension$2.3M · 2016
Seed extension$180K · 2022
Seed extension$225K · 2024

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: 50%.

Modeled valuation trajectory
$1.0M
Base estimate est.
$162K
Conservative case
$2.7M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Seed · modeled $51.1M · 2011-04-292011Seed · modeled $100.4M · 2016-03-21Seed · modeled $2.2M · 2022-10-20Seed · modeled $1.0M · 2024-07-312024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
1.9 yr
Elapsed time used
1.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
53 mo
Avg between rounds
$288K/yr
Capital velocity
15.2 yr
On record since
2011
First round
4
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) 0.5× of median
This company$3.8M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$225K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.0M
Sector median$64.2M

Raised more than 39% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #203 of 207.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Mesentech Inc. · Seed Raised $3.9M · modeled $65.6M (est)Marlinspike Therapeutics, Inc. · Seed Raised $3.5M · modeled $64.3M (est)Microbial Machines, Inc. · Seed Raised $3.9M · modeled $63.6M (est)Pearl Diagnostics, Inc. · Seed Raised $3.5M · modeled $62.8M (est)Crossfire Medical Inc · Seed Raised $3.0M · modeled $57.5M (est)Design Pharmaceuticals, Inc. · Seed Raised $3.0M · modeled $56.9M (est)Tekv Holdings LLC · Seed Raised $4.0M · modeled $55.4M (est)Mi-Helper, Inc. · Seed Raised $4.0M · modeled $50.9M (est)Thelium Therapeutics Inc. · Seed Raised $3.1M · modeled $50.7M (est)Turtle Health, Inc. · Seed Raised $2.7M · modeled $49.1M (est)Accufix Holdings, Inc. · Seed Raised $4.2M · modeled $46.7M (est)Kyttaro Ltd · Seed Raised $5.2M · modeled $45.5M (est)Flow Pharma, Inc. (this company) Raised $3.8M · modeled $1.0M (est)Flow Pharma, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mesentech Inc.Seed$3.9M$65.6M4.61×
Marlinspike Therapeutics, Inc.Seed$3.5M$64.3M4.52×
Microbial Machines, Inc.Seed$3.9M$63.6M4.47×
Pearl Diagnostics, Inc.Seed$3.5M$62.8M4.41×
Crossfire Medical IncSeed$3.0M$57.5M4.04×
Design Pharmaceuticals, Inc.Seed$3.0M$56.9M4.00×
Tekv Holdings LLCSeed$4.0M$55.4M3.89×
Mi-Helper, Inc.Seed$4.0M$50.9M3.58×
Thelium Therapeutics Inc.Seed$3.1M$50.7M3.56×
Turtle Health, Inc.Seed$2.7M$49.1M3.45×
Accufix Holdings, Inc.Seed$4.2M$46.7M3.28×
Kyttaro LtdSeed$5.2M$45.5M3.20×
Flow Pharma, Inc. this companySeed$3.8M$1.0M0.07×
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$1.1M2011-04-29$5.7M$51.1M90%
Seed$2.3M2016-03-21$11.3M$100.4M90%
Seed$180K2022-10-20$900K$2.2M90%
Seed$225K2024-07-31$1.1M$1.0M90%
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$1.1M2011-04-29
    • First recorded raise — entered as Seed.
    • 17 investors on this round.
  2. Seed$2.3M2016-03-21
    • Raised again after 59 mo — slower than the ~14 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 42 investors on this round.
  3. Seed$180K2022-10-20
    • Raised again after 79 mo — slower than the ~14 mo sector norm.
    • Round 12.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 8 investors on this round.
  4. Seed$225K2024-07-31
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
Intelligence
2028 ~Q4
Modeled next raise · ~53mo cadence
$281K
Modeled next size est.range $225K$450K
1.3×
Last step-up
$288K/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
Lester John Lloyd2 other2016-03
Lester J Lloyd1 other2011-04
Anthony Martin Tufaro2024-07
Babatunde Martin Otulana2024-07
Babatunde Vincent Otulana2022-10
Charles Vincent Herst2022-10
Gil Martin Van Bokkelen2022-10
Pamela Martin Steele2024-07
Pamela Vincent Steele2022-10
Reid Martin Rubsamen2022-10
Reid Michael Rubsamen2016-03
Reid M Rubsamen2011-04
Stephen Martin Farr2022-10
Thomas John Brady2016-03
Thomas Martin Barnish2022-10
Tikoes Martin Blankenberg2022-10
Tom Martin Brady2022-10
Registry & provenance

Flow Pharma, 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
1732825
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
ENB Therapeutics, Inc.BiotechnologySeed$3.8M$1.7Msame sector · same stage
TendoNova CorpBiotechnologySeed$3.8M$1.3Msame sector · same stage
Innovaprep Inc.BiotechnologySeed$3.8M$219Ksame sector · same stage
LabVoice Inc.BiotechnologySeed$3.7M$2.7Msame sector · same stage
ElectroSonics Medical Inc.BiotechnologySeed$3.7M$3.2Msame sector · same stage
Gibson Oncology, LLCBiotechnologySeed$4.0M$689Ksame sector · same stage
Iyuda Therapeutics, Inc.BiotechnologySeed$3.6M$4.0Msame sector · same stage
Astek Diagnostics, Inc.BiotechnologySeed$4.2M$2.4Msame 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
Flow Forward Medical, Inc.BiotechnologyPre-Seed$16.6M88%
Heartflow, Inc.BiotechnologySeries D+$2.7B84%
Pharmesol Inc.BiotechnologySeed$4.2M84%
PharmaTher Holdings Ltd.BiotechnologySeries A$156.4M84%
Cardio Flow, Inc.BiotechnologySeries A$2.1M84%
Fountain Therapeutics, Inc.BiotechnologySeries B$348.5M83%
CARGO Therapeutics, Inc.BiotechnologySeries C$1.0B83%
Asylia Therapeutics, Inc.BiotechnologySeries A$218.5M83%
Frequently asked
How much funding has Flow Pharma, Inc. raised?
Flow Pharma, Inc. has raised approximately $3.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Flow Pharma, Inc.'s estimated valuation?
Provath's modeled valuation for Flow Pharma, Inc. is approximately $1.0M (modeled range $162K–$2.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Flow Pharma, Inc. at?
Flow Pharma, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jul 31.
What does Flow Pharma, Inc. do and where is it based?
Flow Pharma, Inc. operates in the Biotechnology sector, based in WARRENSVILLE HEIGHTS.
Explore related

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