Companies · Biotechnology

ImCare Biotech, LLC

DOYLESTOWN · Biotechnology

Diligence memoA one-page analyst read on ImCare Biotech, LLC — recommendation, valuation, rhythm, risks.
$4.3M
Total raised · real
5
Rounds
0.4×
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jul 05 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

ImCare Biotech, LLC looks under-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 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 0.09× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

ImCare Biotech, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
6.3 yr record
Peak capital year was 2021 with $3.1M across 2 filings.
Market position
ahead of 40% of Biotechnology peers
Capital scale is ahead of 40% of Biotechnology peers; modeled value is above 4% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $3.1M across 2 filings.
  • Largest single filing was $1.8M on 2021-04-20.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

ImCare Biotech, LLC is one of 4293 Biotechnology companies tracked from DOYLESTOWN. By capital raised it ranks mid-pack (ahead of 40% 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.

biotech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2023-07-05
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$25M$50M$75M$100MPre-Seed · 2020-03-05 Raised $680K (real) Modeled valuation $38M (est)$680K$38MPre-Seed2020Seed · 2021-04-20 Raised $1.8M (real) Modeled valuation $51M (est)$1.8M$51MSeed2021Seed · 2021-07-15 Raised $1.3M (real) Modeled valuation $32M (est)$1.3M$32MSeed2021Seed · 2022-04-06 Raised $368K (real) Modeled valuation $6.2M (est)$368K$6.2MSeed2022Seed · 2023-07-05 Raised $153K (real) Modeled valuation $1.3M (est)$153K$1.3MSeed2023+$1.8M+$1.3M+$368K+$153KCumulative $4.3M

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$680K · 2020
Seed$1.8M · 2021
Seed extension$1.3M · 2021
Seed extension$368K · 2022
Seed extension$153K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.3M
Base estimate est.
$110K
Conservative case
$4.5M
Upside case
$767K
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.

Pre-Seed · modeled $37.6M · 2020-03-052020Seed · modeled $50.6M · 2021-04-20Seed · modeled $32.0M · 2021-07-15Seed · modeled $6.2M · 2022-04-06Seed · modeled $1.3M · 2023-07-052023
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
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$1.3M/yr
Capital velocity
6.3 yr
On record since
2020
First round
5
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) 0.6× of median
This company$4.3M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$153K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.3M
Sector median$64.2M

Raised more than 40% of sector peers (real $). Modeled value above 4% 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 #201 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 $65.7M (est)Marlinspike Therapeutics, Inc. · Seed Raised $3.5M · modeled $64.4M (est)Microbial Machines, Inc. · Seed Raised $3.9M · modeled $63.7M (est)Pearl Diagnostics, Inc. · Seed Raised $3.5M · modeled $62.9M (est)Crossfire Medical Inc · Seed Raised $3.0M · modeled $57.5M (est)Design Pharmaceuticals, Inc. · Seed Raised $3.0M · modeled $57.0M (est)Tekv Holdings LLC · Seed Raised $4.0M · modeled $55.5M (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)ImCare Biotech, LLC (this company) Raised $4.3M · modeled $1.3M (est)ImCare Biotech, LLC
CompanyStageRaised · realValue · estvs peer med.
Mesentech Inc.Seed$3.9M$65.7M4.61×
Marlinspike Therapeutics, Inc.Seed$3.5M$64.4M4.52×
Microbial Machines, Inc.Seed$3.9M$63.7M4.47×
Pearl Diagnostics, Inc.Seed$3.5M$62.9M4.41×
Crossfire Medical IncSeed$3.0M$57.5M4.04×
Design Pharmaceuticals, Inc.Seed$3.0M$57.0M4.00×
Tekv Holdings LLCSeed$4.0M$55.5M3.89×
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×
ImCare Biotech, LLC this companySeed$4.3M$1.3M0.09×
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.
Pre-Seed$680K2020-03-05$3.8M$37.6M90%
Seed$1.8M2021-04-20$8.9M$50.6M90%
Seed$1.3M2021-07-15$6.4M$32.0M90%
Seed$368K2022-04-06$1.8M$6.2M90%
Seed$153K2023-07-05$767K$1.3M90%
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$680K2020-03-05
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Seed$1.8M2021-04-20
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Seed$1.3M2021-07-15
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Seed$368K2022-04-06
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Seed$153K2023-07-05
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~10mo cadence
$153K
Modeled next size est.range $153K$245K
0.4×
Last step-up
$1.3M/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
Aaron Lu2021-04
Aaron Yefei Lu2020-03
Felix Y. Lu2020-03
Frank Y. Fischer2023-07
Lizhu Yefei Tang2020-03
Matthew Y. Lee2023-07
Xuanyong Lu, PhD2021-04
Xuanyong Yefei Lu2020-03
Registry & provenance

ImCare Biotech, LLC 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
1806270
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
GreenMark Biomedical Inc.BiotechnologySeed$4.2M$1.8Msame sector · same stage
Astek Diagnostics, Inc.BiotechnologySeed$4.2M$2.4Msame sector · same stage
Abvc Biopharma, Inc.BiotechnologySeed$4.5M$3.9Msame sector · same stage
Gibson Oncology, LLCBiotechnologySeed$4.0M$690Ksame sector · same stage
Long Bridge Medical, Inc.BiotechnologySeed$4.6M$3.9Msame sector · same stage
Drug Delivery Company, LLCBiotechnologySeed$4.7M$3.1Msame sector · same stage
TendoNova CorpBiotechnologySeed$3.8M$1.3Msame sector · same stage
Flow Pharma, Inc.BiotechnologySeed$3.8M$1.0Msame 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
IMV Inc.BiotechnologySeed$14.8M84%
Healthcare Integrated Technologies Inc.BiotechnologySeries A$13.2M84%
Imvax, Inc.BiotechnologySeries D+$4.6B83%
Immunis, Inc.BiotechnologySeries B$147.9M83%
Immunic, Inc.BiotechnologySeries D+$1.3B83%
ImmPACT Bio USA Inc.BiotechnologySeries D+$3.5B83%
Imbed Biosciences, IncBiotechnologySeries A$23.9M82%
Innervace, Inc.BiotechnologySeries A$131.2M82%
Frequently asked
How much funding has ImCare Biotech, LLC raised?
ImCare Biotech, LLC has raised approximately $4.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is ImCare Biotech, LLC's estimated valuation?
Provath's modeled valuation for ImCare Biotech, LLC is approximately $1.3M (modeled range $110K–$4.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ImCare Biotech, LLC at?
ImCare Biotech, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jul 05.
What does ImCare Biotech, LLC do and where is it based?
ImCare Biotech, LLC operates in the Biotechnology sector, based in DOYLESTOWN.
Explore related

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

Is this your company?

If you work at ImCare Biotech, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.