Companies · Pharma

Indapta Therapeutics Inc.

Houston · Pharma · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Indapta Therapeutics Inc. — recommendation, valuation, rhythm, risks.
$84.4M
Total raised · real
2
Rounds
1.5×
Latest step-up
Top 13%
Sector rank · raised
Series C
Latest stage · inferred · Wed Sep 24 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Indapta 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 pharma 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 0.95× the median modeled value of Series C Pharma companies in 2025–2027 (6 peers) — value vs value, same stage and era.
  • Within the normal band (95% of peer median) for its niche.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 16 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 Pharma

Indapta Therapeutics Inc. is one of 310 Pharma companies tracked from Houston. By capital raised it ranks in the upper tier (ahead of 88% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
46
Investors (latest)
2025-09-24
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$250M$500M$750M$1.0BSeries B · 2022-01-28 Raised $34M (real) Modeled valuation $612M (est)$34M$612MSeries B2022Series C · 2025-09-24 Raised $51M (real) Modeled valuation $290M (est)$51M$290MSeries C2025+$51MCumulative $84M

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$33.6M · 2022
Series C$50.8M · 2025

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: 40%.

Modeled valuation trajectory
$289.6M
Base estimate est.
$165.0M
Conservative case
$371.3M
Upside case
$338.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series B · modeled $612.3M · 2022-01-282022Series C · modeled $289.6M · 2025-09-242025
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
0.8 yr
Elapsed time used
0.8 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
44 mo
Avg between rounds
$23.1M/yr
Capital velocity
4.4 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 310 companies in Pharma. 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) 13× above median
This company$84.4M
Sector median$6.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.0× above median
This company$50.8M
Sector median$49.7M
Modeled value — vs sector median (estimate, all stages) 4.6× above median
This company$289.6M
Sector median$62.5M

Raised more than 88% of sector peers (real $). Modeled value above 80% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #4 of 6.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Click Therapeutics, Inc. · Series C Raised $136.7M · modeled $332.0M (est)Allay Therapeutics, Inc. · Series C Raised $162.6M · modeled $323.2M (est)Somite Therapeutics, Inc. · Series C Raised $47.5M · modeled $317.1M (est)Pheast Therapeutics, Inc. · Series C Raised $99.8M · modeled $138.4M (est)Bryn Pharma, LLC · Series C Raised $127.4M · modeled $31.4M (est)Indapta Therapeutics Inc. (this company) Raised $84.4M · modeled $289.6M (est)Indapta Therapeutics Inc.
CompanyStageRaised · realValue · estvs peer med.
Click Therapeutics, Inc.Series C$136.7M$332.0M1.09×
Allay Therapeutics, Inc.Series C$162.6M$323.2M1.07×
Somite Therapeutics, Inc.Series C$47.5M$317.1M1.05×
Indapta Therapeutics Inc. this companySeries C$84.4M$289.6M0.95×
Pheast Therapeutics, Inc.Series C$99.8M$138.4M0.46×
Bryn Pharma, LLCSeries C$127.4M$31.4M0.10×
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$33.6M2022-01-28$186.7M$612.3M90%
Series C$50.8M2025-09-24$338.7M$289.6M90%
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$33.6M2022-01-28
    • First recorded raise — entered as Series B.
    • 37 investors on this round.
  2. Series C$50.8M2025-09-24
    • Raised again after 44 mo — slower than the ~16 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 46 investors on this round.
Intelligence
2029 ~Q2
Modeled next raise · ~44mo cadence
$76.8M
Modeled next size est.range $50.8M$122.9M
1.5×
Last step-up
$23.1M/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
Ronald Martell3 other2022-01
Lori Hu2 other2022-01
Mark Frohlich2 other2022-01
Fabio Pucci1 other2022-01
GUY DIPIERRO1 other2022-01
Laura Stoppel2022-01
Registry & provenance

Indapta 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
1910175
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
Elevation Oncology, Inc.PharmaSeries C$70.5M$2.0Bnetwork1 shared operator · same sector · same stage
Averna Therapeutics Inc.PharmaSeries C$85.0M$805.0Msame sector · same stage
Levo Therapeutics, Inc.PharmaSeries C$86.5M$1.4Bsame sector · same stage
INCOG BioPharma Services, Inc.PharmaSeries C$86.6M$392.3Msame sector · same stage
Interline Therapeutics, Inc.PharmaSeries C$92.6M$1.1Bsame sector · same stage
Soleno Therapeutics IncPharmaSeries C$98.6M$680.0Msame sector · same stage
Pheast Therapeutics, Inc.PharmaSeries C$99.8M$138.4Msame sector · same stage
Integrated Oncology Network Holdco, LLCPharmaSeries C$69.9M$2.5Bsame 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
Indaptus Therapeutics, Inc.PharmaceuticalsSeries B$11.1M88%
Indalo Therapeutics, Inc.PharmaceuticalsSeries A$278.7M87%
Pike Therapeutics Inc.PharmaPre-Seed$750K84%
Avery Therapeutics, Inc.PharmaPre-Seed$23.7M83%
Oxalo Therapeutics, Inc.PharmaPre-Seed$11.8M83%
Juvena Therapeutics, Inc.PharmaSeries B$144.3M83%
Digital Therapeutics, Inc.PharmaSeries C$530.5M83%
Iota Biosciences, Inc.Biotech / PharmaSeries B$551.7M82%
Frequently asked
How much funding has Indapta Therapeutics Inc. raised?
Indapta Therapeutics Inc. has raised approximately $84.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Indapta Therapeutics Inc.'s estimated valuation?
Provath's modeled valuation for Indapta Therapeutics Inc. is approximately $289.6M (modeled range $165.0M–$371.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Indapta Therapeutics Inc. at?
Indapta Therapeutics Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Sep 24.
What does Indapta Therapeutics Inc. do and where is it based?
Indapta Therapeutics Inc. operates in the Pharma sector, based in Houston.
Explore related

See where Indapta Therapeutics 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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