Companies · Other Health Care

Imel Biotherapeutics, Inc.

WALTHAM · Other Health Care

Diligence memoA one-page analyst read on Imel Biotherapeutics, Inc. — recommendation, valuation, rhythm, risks.
$15.0M
Total raised · real
1
Rounds
Latest step-up
Top 20%
Sector rank · raised
Series B
Latest stage · inferred · Fri Oct 29 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Imel Biotherapeutics, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care 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 0.59× the median modeled value of Series B Other Health Care companies in 2019–2021 (78 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.7 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Other Health Care

Imel Biotherapeutics, Inc. is one of 5377 Other Health Care companies tracked from WALTHAM. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the upper tier 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
5
Investors (latest)
2019
Year incorporated
2021-10-29
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 B · 2021-10-29 Raised $15M (real) Modeled valuation $222M (est)$15M$222MSeries B2021

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 B$15.0M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$222.4M
Base estimate est.
$35.4M
Conservative case
$664.1M
Upside case
$83.6M
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 health care sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.7 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 6.2× above median
This company$15.0M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.8× of median
This company$15.0M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 10× above median
This company$222.4M
Sector median$22.1M

Raised more than 81% of sector peers (real $). Modeled value above 89% 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 #59 of 78.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)KSMS Holdings, LLC · Series B Raised $40.0M · modeled $885.1M (est)Infab HoldCo, Inc. · Series B Raised $36.5M · modeled $807.5M (est)Aquity Holdings, Inc. · Series B Raised $36.0M · modeled $797.6M (est)MHH Management Holdco, LLC · Series B Raised $35.1M · modeled $777.6M (est)Earli Inc. · Series B Raised $40.0M · modeled $757.1M (est)Encore Dermatology, Inc. · Series B Raised $89.6M · modeled $729.9M (est)National Spine & Pain Centers Holdings, LLC · Series B Raised $32.0M · modeled $708.9M (est)In Vitro Sciences, LLC · Series B Raised $31.5M · modeled $697.9M (est)Lotus Parent, Inc. · Series B Raised $31.2M · modeled $690.4M (est)Iron Oak Holdings LLC · Series B Raised $30.0M · modeled $664.6M (est)Squid Ink, Inc. · Series B Raised $30.2M · modeled $621.4M (est)Predict Innovation Investors, Llc · Series B Raised $27.9M · modeled $617.4M (est)Imel Biotherapeutics, Inc. (this company) Raised $15.0M · modeled $222.4M (est)Imel Biotherapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
KSMS Holdings, LLCSeries B$40.0M$885.1M2.36×
Infab HoldCo, Inc.Series B$36.5M$807.5M2.16×
Aquity Holdings, Inc.Series B$36.0M$797.6M2.13×
MHH Management Holdco, LLCSeries B$35.1M$777.6M2.08×
Earli Inc.Series B$40.0M$757.1M2.02×
Encore Dermatology, Inc.Series B$89.6M$729.9M1.95×
National Spine & Pain Centers Holdings, LLCSeries B$32.0M$708.9M1.89×
In Vitro Sciences, LLCSeries B$31.5M$697.9M1.86×
Lotus Parent, Inc.Series B$31.2M$690.4M1.84×
Iron Oak Holdings LLCSeries B$30.0M$664.6M1.78×
Squid Ink, Inc.Series B$30.2M$621.4M1.66×
Predict Innovation Investors, LlcSeries B$27.9M$617.4M1.65×
Imel Biotherapeutics, Inc. this companySeries B$15.0M$222.4M0.59×
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 B$15.0M2021-10-29$83.6M$222.4M90%
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 B$15.0M2021-10-29
    • First recorded raise — entered as Series B.
    • 5 investors on this round.
Intelligence
Modeled next raise
$24.1M
Modeled next size est.range $15.7M$38.5M
Last step-up
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
Taro Inaba3 other2021-10
Tomer Kariv2 other2021-10
Dori Pelled2021-10
Silvia Noiman, Ph.D.2021-10
Registry & provenance

Imel Biotherapeutics, 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
1893917
SEC CIK
2019
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
TGHCo, Inc.Other Health CareSeries B$15.0M$178.2Msame sector · same stage
Spark Biomedical Inc.Other Health CareSeries B$16.2M$158.8Msame sector · same stage
NotalVision, Inc.Other Health CareSeries B$16.4M$272.2Msame sector · same stage
Zandivio PLCOther Health CareSeries B$16.9M$187.9Msame sector · same stage
Lifespark Holdings, Inc.Other Health CareSeries B$17.0M$261.8Msame sector · same stage
EndoscopyMD Holdings, LLCOther Health CareSeries B$17.1M$157.1Msame sector · same stage
Synvitrobio, Inc.Other Health CareSeries B$17.6M$147.1Msame sector · same stage
InterWell Topco L.P.Other Health CareSeries B$18.3M$178.3Msame 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
IMIDEX Inc.Other Health CareSeed$31.5M88%
ImmunSYS, Inc.Other Health CarePre-Seed$8.7M87%
Immunostics, Inc.Other Health CareSeed$74.4M87%
BioMedx Group, Inc.Other Health CarePre-Seed$14.0M87%
IzoMed, Inc.Other Health CarePre-Seed$3.6M87%
BioCytics, Inc.Other Health CareSeed$11.0M86%
Zimmer Biomet Holdings, Inc.Other Health CareSeries D+$2.9B86%
Code Biotherapeutics, Inc.Other Health CareSeries B$465.8M86%
Frequently asked
How much funding has Imel Biotherapeutics, Inc. raised?
Imel Biotherapeutics, Inc. has raised approximately $15.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Imel Biotherapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Imel Biotherapeutics, Inc. is approximately $222.4M (modeled range $35.4M–$664.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Imel Biotherapeutics, Inc. at?
Imel Biotherapeutics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Oct 29.
What does Imel Biotherapeutics, Inc. do and where is it based?
Imel Biotherapeutics, Inc. operates in the Other Health Care sector, based in WALTHAM.
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