Companies · Biotechnology

Locus Biosciences, Inc.

Morrisville · Biotechnology

Diligence memoA one-page analyst read on Locus Biosciences, Inc. — recommendation, valuation, rhythm, risks.
$46.3M
Total raised · real
6
Rounds
0.8×
Latest step-up
Top 20%
Sector rank · raised
Series B
Latest stage · inferred · Fri Jan 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Locus Biosciences, Inc. looks fair 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.

Fair
  • Modeled value is 1.27× the median modeled value of Series B Biotechnology companies in 2022–2024 (197 peers) — value vs value, same stage and era.
  • Within the normal band (127% of peer median) for its niche.
Dormant
  • Last raise 4.4 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

Locus Biosciences, Inc. is one of 4291 Biotechnology companies tracked from Morrisville. 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
3
Investors (latest)
2017
Year incorporated
2022-01-28
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$1.0BSeed · 2016-01-13 Raised $1.3M (real) Modeled valuation $59M (est)Seed2016Pre-Seed · 2016-01-13 Raised $150K (real) Modeled valuation $8.3M (est)Pre-Seed2016Seed · 2016-12-01 Raised $350K (real) Modeled valuation $16M (est)Seed2016Series A · 2017-09-18 Raised $7.0M (real) Modeled valuation $253M (est)Series A2017Series A · 2018-07-06 Raised $7.0M (real) Modeled valuation $253M (est)Series A2018Series B · 2020-04-08 Raised $20M (real) Modeled valuation $794M (est)Series B2020Series A · 2020-04-08 Raised $12M (real) Modeled valuation $452M (est)Series A2020Series B · 2022-01-28 Raised $11M (real) Modeled valuation $213M (est)Series B2022+$150K+$350K+$7.0M+$7.0M+$20M+$12M+$11MCumulative $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$1.3M · 2016
Bridge · Seed-stage$150K · 2016smaller follow-on
Seed extension$350K · 2016
Series A$7.0M · 2017
Series A extension$7.0M · 2018
Series B$20.0M · 2020
Bridge · Series B-stage$12.5M · 2020smaller follow-on
Series B extension$10.6M · 2022

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

Modeled valuation trajectory
$213.1M
Base estimate est.
$21.1M
Conservative case
$606.3M
Upside case
$58.7M
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 biotech sector profile. Directional, not a quoted figure.

Seed · modeled $59.2M · 2016-01-132016Pre-Seed · modeled $8.3M · 2016-01-13Seed · modeled $15.5M · 2016-12-01Series A · modeled $253.1M · 2017-09-18Series A · modeled $253.1M · 2018-07-06Series B · modeled $793.8M · 2020-04-08Series A · modeled $451.7M · 2020-04-08Series B · modeled $213.1M · 2022-01-282022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$7.7M/yr
Capital velocity
10.5 yr
On record since
2016
First round
8
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) 6.4× above median
This company$46.3M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$10.6M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 3.3× above median
This company$213.1M
Sector median$64.2M

Raised more than 81% of sector peers (real $). Modeled value above 73% 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 #76 of 197.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Mt McKinley Medical Holding Corp USA · Series B Raised $40.0M · modeled $737.5M (est)YAP Therapeutics Inc · Series B Raised $30.1M · modeled $617.6M (est)Pinteon Therapeutics, Inc. · Series B Raised $39.2M · modeled $603.1M (est)OncXerna Therapeutics, Ltd. · Series B Raised $30.0M · modeled $590.7M (est)EpiBiologics, Inc. · Series B Raised $30.0M · modeled $569.5M (est)GIOGI Ltd · Series B Raised $27.3M · modeled $553.9M (est)SonoThera, Inc. · Series B Raised $30.4M · modeled $550.2M (est)Perceive Biotherapeutics, Inc. · Series B Raised $40.0M · modeled $544.0M (est)GIOHEALTH Ltd · Series B Raised $24.5M · modeled $498.0M (est)GIOCAN Ltd · Series B Raised $24.5M · modeled $498.0M (est)GIODIA Ltd · Series B Raised $24.5M · modeled $498.0M (est)Cerapedics Inc · Series B Raised $99.1M · modeled $491.7M (est)Locus Biosciences, Inc. (this company) Raised $46.3M · modeled $213.1M (est)Locus Biosciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mt McKinley Medical Holding Corp USASeries B$40.0M$737.5M4.41×
YAP Therapeutics IncSeries B$30.1M$617.6M3.69×
Pinteon Therapeutics, Inc.Series B$39.2M$603.1M3.60×
OncXerna Therapeutics, Ltd.Series B$30.0M$590.7M3.53×
EpiBiologics, Inc.Series B$30.0M$569.5M3.40×
GIOGI LtdSeries B$27.3M$553.9M3.31×
SonoThera, Inc.Series B$30.4M$550.2M3.29×
Perceive Biotherapeutics, Inc.Series B$40.0M$544.0M3.25×
GIOHEALTH LtdSeries B$24.5M$498.0M2.97×
GIOCAN LtdSeries B$24.5M$498.0M2.97×
GIODIA LtdSeries B$24.5M$498.0M2.97×
Cerapedics IncSeries B$99.1M$491.7M2.94×
Locus Biosciences, Inc. this companySeries B$46.3M$213.1M1.27×
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$1.3M2016-01-13$6.7M$59.2M85%
Pre-Seed$150K2016-01-13$835K$8.3M85%
Seed$350K2016-12-01$1.8M$15.5M90%
Series A$7.0M2017-09-18$31.8M$253.1M90%
Series A$7.0M2018-07-06$31.8M$253.1M90%
Series B$20.0M2020-04-08$111.1M$793.8M90%
Series A$12.5M2020-04-08$56.8M$451.7M90%
Series B$10.6M2022-01-28$58.7M$213.1M90%
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$1.3M2016-01-13
    • First recorded raise — entered as Seed.
    • 62 investors on this round.
  2. Pre-Seed$150K2016-01-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.9× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  3. Seed$350K2016-12-01
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Series A$7.0M2017-09-18
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 20.0× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Series A$7.0M2018-07-06
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 24 investors on this round.
  6. Series B$20.0M2020-04-08
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 34 investors on this round.
  7. Series A$12.5M2020-04-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 31 investors on this round.
  8. Series B$10.6M2022-01-28
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~10mo cadence
$10.6M
Modeled next size est.range $10.6M$16.9M
0.8×
Last step-up
$7.7M/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
David Johnston7 other2016-01
Stuart Peterson6 other2017-09
NICK TAYLOR3 other2016-01
GEOFFREY GLASS1 other2016-01
BARY BAILEY2016-01
CHUCK BRAMLAGE2016-01
David Ousterout2022-01
Joseph Nixon2022-01
PAUL GAROFOLO2016-01
Registry & provenance

Locus Biosciences, 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
1664639
SEC CIK
2017
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
BioCardia, Inc.BiotechnologySeries B$46.1M$158.8Msame sector · same stage
Opus Genetics, Inc.BiotechnologySeries B$46.9M$160.9Msame sector · same stage
Integrated Diagnostics, Inc.BiotechnologySeries B$45.3M$242.1Msame sector · same stage
Gennao Bio, Inc.BiotechnologySeries B$47.5M$211.6Msame sector · same stage
nContact Surgical IncBiotechnologySeries B$50.3M$267.3Msame sector · same stage
Convergent Therapeutics, Inc.BiotechnologySeries B$51.4M$152.9Msame sector · same stage
Walking Fish Therapeutics, Inc.BiotechnologySeries B$41.5M$250.4Msame sector · same stage
Erytech PharmaBiotechnologySeries B$41.2M$157.0Msame 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
Mosaic Biosciences, Inc.BiotechnologySeries A$176.1M93%
Locus Solutions, LLC/OHBiotechnologySeries B$84.8M91%
Trait Biosciences Inc.BiotechnologySeries A$28.5M90%
Character Biosciences, Inc.BiotechnologySeries C$50.5M90%
CytoBioscience, Inc.BiotechnologySeries B$60.7M89%
StemBioSys Inc.BiotechnologySeries A$43.8M89%
Pyramid Biosciences, Inc.BiotechnologySeries B$777.6M89%
Arbor Biotechnologies, Inc.BiotechnologySeries D+$5.7B89%
Frequently asked
How much funding has Locus Biosciences, Inc. raised?
Locus Biosciences, Inc. has raised approximately $46.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Locus Biosciences, Inc.'s estimated valuation?
Provath's modeled valuation for Locus Biosciences, Inc. is approximately $213.1M (modeled range $21.1M–$606.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Locus Biosciences, Inc. at?
Locus Biosciences, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Jan 28.
What does Locus Biosciences, Inc. do and where is it based?
Locus Biosciences, Inc. operates in the Biotechnology sector, based in Morrisville.
Explore related

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