Companies · Pharmaceuticals

Lung Therapeutics, Inc.

Austin · Pharmaceuticals

Diligence memoA one-page analyst read on Lung Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$87.5M
Total raised · real
4
Rounds
0.3×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Mon Mar 14 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Lung Therapeutics, 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 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 1.35× the median modeled value of Series B Pharmaceuticals companies in 2022–2024 (51 peers) — value vs value, same stage and era.
  • Within the normal band (135% of peer median) for its niche.
Dormant
  • Last raise 4.3 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

Lung Therapeutics, Inc. is one of 1613 Pharmaceuticals companies tracked from Austin. By capital raised it ranks among the largest (ahead of 90% 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
213
Investors (latest)
2022-03-14
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$500M$1.0B$1.5B$2.0BSeed · 2014-09-05 Raised $2.6M (real) Modeled valuation $98M (est)Seed2014Seed · 2014-09-05 Raised $1.6M (real) Modeled valuation $60M (est)Seed2014Series A · 2016-03-01 Raised $14M (real) Modeled valuation $444M (est)Series A2016Seed · 2016-03-01 Raised $1.0M (real) Modeled valuation $40M (est)Seed2016Seed · 2016-03-01 Raised $3.5M (real) Modeled valuation $132M (est)Seed2016Series A · 2018-06-15 Raised $3.9M (real) Modeled valuation $119M (est)Series A2018Series B · 2019-05-20 Raised $36M (real) Modeled valuation $1.2B (est)Series B2019Series B · 2019-05-20 Raised $39M (real) Modeled valuation $1.3B (est)Series B2019Series B · 2022-03-14 Raised $10M (real) Modeled valuation $175M (est)Series B2022+$1.6M+$14M+$1.0M+$3.5M+$3.9M+$36M+$39M+$10MCumulative $112M

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$2.6M · 2014
Seed extension$1.6M · 2014
Series A$14.3M · 2016
Bridge · Series A-stage$1.0M · 2016smaller follow-on
Bridge · Series A-stage$3.5M · 2016smaller follow-on
Series A extension$3.9M · 2018
Series B$36.2M · 2019
Series B extension$38.7M · 2019
Series B extension$10.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$174.9M
Base estimate est.
$21.1M
Conservative case
$486.2M
Upside case
$55.9M
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 $97.7M · 2014-09-052014Seed · modeled $59.7M · 2014-09-05Series A · modeled $443.9M · 2016-03-01Seed · modeled $39.8M · 2016-03-01Seed · modeled $132.2M · 2016-03-01Series A · modeled $119.4M · 2018-06-15Series B · modeled $1.2B · 2019-05-20Series B · modeled $1.3B · 2019-05-20Series B · modeled $174.9M · 2022-03-142022
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
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$11.6M/yr
Capital velocity
11.8 yr
On record since
2014
First round
9
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) 11× above median
This company$87.5M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$10.1M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$174.9M
Sector median$76.1M

Raised more than 90% of sector peers (real $). Modeled value above 66% 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 #22 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)Kinaset Therapeutics, Inc. · Series B Raised $30.0M · modeled $438.1M (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)Lung Therapeutics, Inc. (this company) Raised $87.5M · modeled $174.9M (est)Lung 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.Series 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×
Lung Therapeutics, Inc. this companySeries B$87.5M$174.9M1.35×
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$2.6M2014-09-05$12.8M$97.7M85%
Seed$1.6M2014-09-05$7.8M$59.7M85%
Series A$14.3M2016-03-01$65.2M$443.9M90%
Seed$1.0M2016-03-01$5.2M$39.8M85%
Seed$3.5M2016-03-01$17.4M$132.2M90%
Series A$3.9M2018-06-15$17.5M$119.4M90%
Series B$36.2M2019-05-20$200.8M$1.2B90%
Series B$38.7M2019-05-20$214.9M$1.3B90%
Series B$10.1M2022-03-14$55.9M$174.9M90%
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. Seed$2.6M2014-09-05
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Seed$1.6M2014-09-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Series A$14.3M2016-03-01
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 9.1× larger than the prior — scaling up.
    • 17 investors on this round.
  4. Seed$1.0M2016-03-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 13.7× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  5. Seed$3.5M2016-03-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.3× larger than the prior — scaling up.
    • 6 investors on this round.
  6. Series A$3.9M2018-06-15
    • Raised again after 27 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  7. Series B$36.2M2019-05-20
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 9.4× larger than the prior — scaling up.
    • 38 investors on this round.
  8. Series B$38.7M2019-05-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 42 investors on this round.
  9. Series B$10.1M2022-03-14
    • Raised again after 34 mo — slower than the ~13 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
    • 213 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~11mo cadence
$10.1M
Modeled next size est.range $10.1M$16.1M
0.3×
Last step-up
$11.6M/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
Aaron G.L. Fletcher1 other2022-03
William C. Fairey1 other2022-03
Aaron Brian Fletcher2014-09
Brian Windsor2022-03
Charles C. Garner2022-03
James Brian Windsor2014-09
Jim Brian Mervis2018-06
Joseph Brian Woelkers2014-09
R. A. Session2019-05
Robert Brian Mills2014-09
Steven Brian Idell2014-09
Registry & provenance

Lung 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
1611241
SEC CIK
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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.

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Frequently asked
How much funding has Lung Therapeutics, Inc. raised?
Lung Therapeutics, Inc. has raised approximately $87.5M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Lung Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for Lung Therapeutics, Inc. is approximately $174.9M (modeled range $21.1M–$486.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lung Therapeutics, Inc. at?
Lung Therapeutics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Mar 14.
What does Lung Therapeutics, Inc. do and where is it based?
Lung Therapeutics, Inc. operates in the Pharmaceuticals sector, based in Austin.
Explore related

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