Diligence memo · auto-generated · as of July 3, 2026

Mebias Discovery, Inc.

Mebias Discovery, Inc. looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Mebias Discovery, Inc. operates in Pharmaceuticals, based in PHILADELPHIA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Mebias Discovery, Inc. has raised $3.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $3.0M on 2019-06-27.

Most recent recorded round closed around 2022-09-15.

Valuation (modeled)modeled

Provath models Mebias Discovery, Inc. at approximately $7.6M (range $477K–$33M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.79× the median modeled value of Seed Pharmaceuticals companies in 2022–2024 (50 peers) — value vs value, same stage and era. Within the normal band (79% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 39 months.

Last raise 3.8 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.

The last round was 4.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 37% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 13% of those peers.

Closest niche peers: Celeris Therapeutics, Inc., Oligomerix, Inc., 2A Biosciences, Inc., Myosin Therapeutics Inc., Eluciderm Inc..

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.