Companies · Pharmaceuticals

Kinaset Therapeutics, Inc.

MEDFIELD · Pharmaceuticals

Diligence memoA one-page analyst read on Kinaset Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$30.0M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 28%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jul 05 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Kinaset Therapeutics, Inc. looks over-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 pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 3.37× the median modeled value of Series B Pharmaceuticals companies in 2022–2024 (51 peers) — value vs value, same stage and era.
At-risk
  • Last raise 4.0 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Pharmaceuticals

Kinaset Therapeutics, Inc. is one of 1613 Pharmaceuticals companies tracked from MEDFIELD. By capital raised it ranks in the upper tier (ahead of 73% 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
3
Investors (latest)
2020
Year incorporated
2022-07-05
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$125M$250M$375M$500MSeed · 2020-07-31 Raised $1.5M (real) Modeled valuation $55M (est)$1.5M$55MSeed2020Series B · 2022-07-05 Raised $29M (real) Modeled valuation $438M (est)$29M$438MSeries B2022Series B · 2022-07-05 Raised $29M (real) Modeled valuation $438M (est)$29M$438MSeries B2022+$29M+$29MCumulative $59M

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$1.5M · 2020
Series B$28.5M · 2022no Series A on file
Series B extension$28.5M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$438.1M
Base estimate est.
$59.9M
Conservative case
$1.1B
Upside case
$158.3M
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 pharma sector profile. Directional, not a quoted figure.

Seed · modeled $54.7M · 2020-07-312020Series B · modeled $438.1M · 2022-07-05Series B · modeled $438.1M · 2022-07-052022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.49×/yr
Annual markup
1.80×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$15.6M/yr
Capital velocity
5.9 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 1613 companies in Pharmaceuticals. 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) 3.7× above median
This company$30.0M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$28.5M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 5.8× above median
This company$438.1M
Sector median$76.1M

Raised more than 73% 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 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 #3 of 51.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)MedAvail Holdings, Inc. · Series B Raised $52.9M · modeled $679.3M (est)Revalesio Corp · Series B Raised $103.4M · modeled $624.8M (est)Venatorx Pharmaceuticals, Inc. · Series B Raised $124.3M · modeled $421.0M (est)Cxl Ophthalmics, Inc. · Series B Raised $26.4M · modeled $370.1M (est)Delex Healthcare Group, Inc. · Series B Raised $40.0M · modeled $341.1M (est)Comanche Biopharma Corp. · Series B Raised $73.6M · modeled $325.9M (est)Petros Pharmaceuticals, Inc. · Series B Raised $41.7M · modeled $308.0M (est)I 3 Pharmaceuticals, LLC · Series B Raised $16.0M · modeled $262.5M (est)Relay Therapeutics, Inc. · Series B Raised $30.0M · modeled $253.2M (est)Capacity Bio, Inc. · Series B Raised $19.2M · modeled $246.0M (est)MediWound Ltd. · Series B Raised $30.5M · modeled $243.4M (est)Kinaset Therapeutics, Inc. (this company) Raised $30.0M · modeled $438.1M (est)Kinaset Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
MedAvail Holdings, Inc.Series B$52.9M$679.3M5.23×
Revalesio CorpSeries B$103.4M$624.8M4.81×
Kinaset Therapeutics, Inc. this companySeries B$30.0M$438.1M3.37×
Venatorx Pharmaceuticals, Inc.Series B$124.3M$421.0M3.24×
Cxl Ophthalmics, Inc.Series B$26.4M$370.1M2.85×
Delex Healthcare Group, Inc.Series B$40.0M$341.1M2.63×
Comanche Biopharma Corp.Series B$73.6M$325.9M2.51×
Petros Pharmaceuticals, Inc.Series B$41.7M$308.0M2.37×
I 3 Pharmaceuticals, LLCSeries B$16.0M$262.5M2.02×
Relay Therapeutics, Inc.Series B$30.0M$253.2M1.95×
Capacity Bio, Inc.Series B$19.2M$246.0M1.89×
MediWound Ltd.Series B$30.5M$243.4M1.87×
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$1.5M2020-07-31$7.5M$54.7M90%
Series B$28.5M2022-07-05$158.3M$438.1M90%
Series B$28.5M2022-07-05$158.3M$438.1M90%
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$1.5M2020-07-31
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Series B$28.5M2022-07-05
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 19.0× larger than the prior — scaling up.
    • 3 investors on this round.
  3. Series B$28.5M2022-07-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~12mo cadence
$28.5M
Modeled next size est.range $28.5M$45.6M
1.0×
Last step-up
$15.6M/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
Kevin Bitterman14 other2020-07
Robert Clarke6 other2020-07
TOM KING3 other2020-07
Jamil Beg1 other2020-07
Bram Vanparys2020-07
Frazer Morgan2020-07
Roger Heerman2020-07
Registry & provenance

Kinaset 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
1821223
SEC CIK
2020
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
Pulmatrix, Inc.PharmaceuticalsSeries B$62.9M$86.2Mnetwork1 shared operator · same sector · same stage
Navitor Pharmaceuticals, Inc.PharmaceuticalsSeries B$68.2M$686.4Mnetwork1 shared operator · same sector · same stage
Relay Therapeutics, Inc.PharmaceuticalsSeries B$30.0M$253.2Msame sector · same stage
Rib X Pharmaceuticals IncPharmaceuticalsSeries B$29.7M$635.4Msame sector · same stage
MediWound Ltd.PharmaceuticalsSeries B$30.5M$243.4Msame sector · same stage
Engage Therapeutics, Inc.PharmaceuticalsSeries B$30.6M$238.0Msame sector · same stage
Silvergate Pharmaceuticals, Inc.PharmaceuticalsSeries B$30.8M$156.4Msame sector · same stage
Cerebral Therapeutics, Inc.PharmaceuticalsSeries B$31.0M$680.1Msame 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
Kp Biosciences, Inc.PharmaceuticalsPre-Seed$13.2M83%
RAPT Therapeutics, Inc.BiotechnologySeries D+$1.4B82%
Cambridge Therapeutic Technologies, LLCPharmaceuticalsSeries A$185.8M81%
KSQ Therapeutics, Inc.PharmaceuticalsSeries C$2.8B81%
Boston Therapeutics, Inc.BiotechnologySeries A$189.9M81%
KOP Therapeutics Corp.BiotechnologyPre-Seed$6.3M81%
Nutrivert Inc.PharmaceuticalsSeed$14.2M81%
SRT Therapeutics, Inc.BiotechnologySeries C$316.7M81%
Frequently asked
How much funding has Kinaset Therapeutics, Inc. raised?
Kinaset Therapeutics, Inc. has raised approximately $30.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Kinaset Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Kinaset Therapeutics, Inc. is approximately $438.1M (modeled range $59.9M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Kinaset Therapeutics, Inc. at?
Kinaset Therapeutics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jul 05.
What does Kinaset Therapeutics, Inc. do and where is it based?
Kinaset Therapeutics, Inc. operates in the Pharmaceuticals sector, based in MEDFIELD.
Explore related

See where Kinaset 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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