Companies · Biotechnology

Lantern Pharma Inc.

DALLAS · Biotechnology

Diligence memoA one-page analyst read on Lantern Pharma Inc. — recommendation, valuation, rhythm, risks.
$2.9M
Total raised · real
2
Rounds
4.5×
Latest step-up
Top 68%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 07 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Lantern Pharma Inc. looks over-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 biotech 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 1.65× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.3 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal 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

Lantern Pharma Inc. is one of 4291 Biotechnology companies tracked from DALLAS. By capital raised it ranks in the long tail (ahead of 33% of sector peers), and mid-pack 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
5
Investors (latest)
2019-03-07
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$200MPre-Seed · 2018-12-18 Raised $535K (real) Modeled valuation $30M (est)$535K$30MPre-Seed2018Seed · 2019-03-07 Raised $2.4M (real) Modeled valuation $106M (est)$2.4M$106MSeed2019+$2.4MCumulative $2.9M

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$535K · 2018
Seed$2.4M · 2019

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

Modeled valuation trajectory
$105.9M
Base estimate est.
$1.7M
Conservative case
$830.9M
Upside case
$11.9M
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 $29.5M · 2018-12-182018Seed · modeled $105.9M · 2019-03-072019
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
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
Capital velocity
7.5 yr
On record since
2018
First round
2
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) 0.4× of median
This company$2.9M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.4M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$105.9M
Sector median$64.2M

Raised more than 33% of sector peers (real $). Modeled value above 59% 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 #33 of 186.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0MCapital raised (log)Entac Medical, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Novo Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Korro Bio, Inc. · Seed Raised $4.0M · modeled $177.6M (est)ReGelTec, Inc. · Seed Raised $6.0M · modeled $177.6M (est)TamuroBio Inc. · Seed Raised $4.0M · modeled $177.6M (est)Initial Therapeutics, Inc. · Seed Raised $3.8M · modeled $168.3M (est)Helaina Inc · Seed Raised $4.4M · modeled $164.8M (est)Onchilles Pharma, Inc. · Seed Raised $3.6M · modeled $158.5M (est)UVision 360, Inc. · Seed Raised $4.6M · modeled $155.7M (est)Safeguard Biosystems Holdings Ltd · Seed Raised $3.5M · modeled $155.4M (est)Enable Medicine Inc. · Seed Raised $3.6M · modeled $152.1M (est)Newomics Inc. · Seed Raised $3.9M · modeled $148.7M (est)Lantern Pharma Inc. (this company) Raised $2.9M · modeled $105.9M (est)Lantern Pharma Inc.
CompanyStageRaised · realValue · estvs peer med.
Entac Medical, Inc.Seed$4.0M$177.6M2.77×
Novo Biosciences, Inc.Seed$4.0M$177.6M2.77×
Korro Bio, Inc.Seed$4.0M$177.6M2.77×
ReGelTec, Inc.Seed$6.0M$177.6M2.77×
TamuroBio Inc.Seed$4.0M$177.6M2.77×
Initial Therapeutics, Inc.Seed$3.8M$168.3M2.62×
Helaina IncSeed$4.4M$164.8M2.57×
Onchilles Pharma, Inc.Seed$3.6M$158.5M2.47×
UVision 360, Inc.Seed$4.6M$155.7M2.43×
Safeguard Biosystems Holdings LtdSeed$3.5M$155.4M2.42×
Enable Medicine Inc.Seed$3.6M$152.1M2.37×
Newomics Inc.Seed$3.9M$148.7M2.32×
Lantern Pharma Inc. this companySeed$2.9M$105.9M1.65×
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$535K2018-12-18$3.0M$29.5M90%
Seed$2.4M2019-03-07$11.9M$105.9M90%
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$535K2018-12-18
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Seed$2.4M2019-03-07
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2019 ~Q2
Modeled next raise · ~3mo cadence
$7.2M
Modeled next size est.range $4.7M$11.4M
4.5×
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
John Fucci2 other2018-12
Donald Keyser1 other2019-03
Panna Sharma1 other2018-12
Arunkumar Asaithambi2018-12
David Keyser2018-12
David Silberstein2018-12
Registry & provenance

Lantern 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
1763950
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
Esculon, Inc.BiotechnologySeed$2.9M$129.9Msame sector · same stage
Mithridion IncBiotechnologySeed$2.9M$129.1Msame sector · same stage
Inhalon Biopharma, Inc.BiotechnologySeed$2.9M$119.8Msame sector · same stage
Cancer Targeting Systems, Inc.BiotechnologySeed$2.9M$128.8Msame sector · same stage
Capio Biosciences, Inc.BiotechnologySeed$2.9M$128.8Msame sector · same stage
Mitomics Inc.BiotechnologySeed$2.9M$92.2Msame sector · same stage
Novuson Surgical, Inc.BiotechnologySeed$2.9M$105.8Msame sector · same stage
Kineta Two, LLCBiotechnologySeed$2.9M$121.5Msame 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
Pharmesol Inc.BiotechnologySeed$4.2M84%
Light Sciences Oncology IncBiotechnologySeries B$80.4M84%
Moonlight Therapeutics Inc.BiotechnologySeed$11.2M83%
Metabolics Pharma, Inc.BiotechnologySeries A$26.6M83%
Torch Therapeutics, Inc.BiotechnologySeries A$18.8M83%
Light Bio, Inc.Biotech / PharmaSeed$82.3M83%
Greenlight Biosciences Inc.Biotech / PharmaSeries D+$3.9B81%
PharmaCyte Biotech, Inc.BiotechnologySeries C$40.6M81%
Frequently asked
How much funding has Lantern Pharma Inc. raised?
Lantern Pharma Inc. has raised approximately $2.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Lantern Pharma Inc.'s estimated valuation?
Provath's modeled valuation for Lantern Pharma Inc. is approximately $105.9M (modeled range $1.7M–$830.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lantern Pharma Inc. at?
Lantern Pharma Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 07.
What does Lantern Pharma Inc. do and where is it based?
Lantern Pharma Inc. operates in the Biotechnology sector, based in DALLAS.
Explore related

See where Lantern Pharma 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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