Companies · Biotechnology

Mesa Biotech, Inc.

SAN DIEGO · Biotechnology

Diligence memoA one-page analyst read on Mesa Biotech, Inc. — recommendation, valuation, rhythm, risks.
$19.8M
Total raised · real
5
Rounds
0.2×
Latest step-up
Top 34%
Sector rank · raised
Series A
Latest stage · inferred · Thu Oct 24 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Mesa Biotech, Inc. looks under-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.

Under-valued
  • Modeled value is 0.60× the median modeled value of Series A Biotechnology companies in 2019–2021 (216 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.7 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

Mesa Biotech, Inc. is one of 4291 Biotechnology companies tracked from SAN DIEGO. By capital raised it ranks mid-pack (ahead of 67% 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.

biotech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2015
Year incorporated
2019-10-24
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$500MPre-Seed · 2015-08-19 Raised $1.0M (real) Modeled valuation $55M (est)$1.0M$55MPre-Seed2015Pre-Seed · 2017-11-27 Raised $795K (real) Modeled valuation $44M (est)$795K$44MPre-Seed2017Seed · 2018-02-13 Raised $3.0M (real) Modeled valuation $133M (est)$3.0M$133MSeed2018Series A · 2018-06-25 Raised $12M (real) Modeled valuation $434M (est)$12M$434MSeries A2018Series A · 2019-10-24 Raised $3.0M (real) Modeled valuation $108M (est)$3.0M$108MSeries A2019+$795K+$3.0M+$12M+$3.0MCumulative $20M

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$1.0M · 2015
Pre-Seed extension$795K · 2017
Seed$3.0M · 2018
Series A$12.0M · 2018
Series A extension$3.0M · 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
$108.5M
Base estimate est.
$3.3M
Conservative case
$589.7M
Upside case
$13.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $55.2M · 2015-08-192015Pre-Seed · modeled $43.9M · 2017-11-27Seed · modeled $133.3M · 2018-02-13Series A · modeled $433.8M · 2018-06-25Series A · modeled $108.5M · 2019-10-242019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
6.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$4.7M/yr
Capital velocity
10.9 yr
On record since
2015
First round
5
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) 2.7× above median
This company$19.8M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$3.0M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$108.5M
Sector median$64.2M

Raised more than 67% of sector peers (real $). Modeled value above 60% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #156 of 216.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)TRACT Therapeutics, Inc. · Series A Raised $15.0M · modeled $542.3M (est)Arrakis Therapeutics, Inc. · Series A Raised $28.2M · modeled $542.3M (est)TechAccel, LLC · Series A Raised $15.0M · modeled $541.9M (est)Trident Labs, Inc. · Series A Raised $14.0M · modeled $506.1M (est)Meissa Vaccines Inc · Series A Raised $15.2M · modeled $503.1M (est)Vibe Bioscience Ltd. · Series A Raised $13.9M · modeled $501.1M (est)Trovagene, Inc. · Series A Raised $45.3M · modeled $488.0M (est)Equinox, Inc. · Series A Raised $34.7M · modeled $485.2M (est)Taiga Biotechnologies, Inc. · Series A Raised $37.9M · modeled $484.6M (est)Aruna Biomedical Inc · Series A Raised $22.4M · modeled $480.5M (est)Vibe Bioscience Corp · Series A Raised $13.7M · modeled $476.8M (est)Adarza BioSystems, Inc. · Series A Raised $31.5M · modeled $461.9M (est)Mesa Biotech, Inc. (this company) Raised $19.8M · modeled $108.5M (est)Mesa Biotech, Inc.
CompanyStageRaised · realValue · estvs peer med.
TRACT Therapeutics, Inc.Series A$15.0M$542.3M3.00×
Arrakis Therapeutics, Inc.Series A$28.2M$542.3M3.00×
TechAccel, LLCSeries A$15.0M$541.9M3.00×
Trident Labs, Inc.Series A$14.0M$506.1M2.80×
Meissa Vaccines IncSeries A$15.2M$503.1M2.78×
Vibe Bioscience Ltd.Series A$13.9M$501.1M2.77×
Trovagene, Inc.Series A$45.3M$488.0M2.70×
Equinox, Inc.Series A$34.7M$485.2M2.68×
Taiga Biotechnologies, Inc.Series A$37.9M$484.6M2.68×
Aruna Biomedical IncSeries A$22.4M$480.5M2.66×
Vibe Bioscience CorpSeries A$13.7M$476.8M2.64×
Adarza BioSystems, Inc.Series A$31.5M$461.9M2.56×
Mesa Biotech, Inc. this companySeries A$19.8M$108.5M0.60×
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$1.0M2015-08-19$5.6M$55.2M85%
Pre-Seed$795K2017-11-27$4.4M$43.9M90%
Seed$3.0M2018-02-13$15.0M$133.3M90%
Series A$12.0M2018-06-25$54.5M$433.8M90%
Series A$3.0M2019-10-24$13.6M$108.5M90%
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$1.0M2015-08-19
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$795K2017-11-27
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Seed$3.0M2018-02-13
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Series A$12.0M2018-06-25
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • 1 investor on this round.
  5. Series A$3.0M2019-10-24
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~13mo cadence
$3.0M
Modeled next size est.range $3.0M$4.8M
0.2×
Last step-up
$4.7M/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
Eric Bruce Sagerman2018-06
Hong Cai2015-08
R. Bruce Cary2017-11
Robert Bruce Cary2015-08
Tom Bruce Willardson2015-08
Wen Bruce Chen2019-10
William Bruce Brody2015-08
Registry & provenance

Mesa Biotech, 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
1675100
SEC CIK
2015
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
Ray Therapeutics, Inc.BiotechnologySeries A$20.0M$126.7Msame sector · same stage
Response Biomedical CorpBiotechnologySeries A$20.1M$112.8Msame sector · same stage
Optofluidics, Inc.BiotechnologySeries A$19.4M$96.6Msame sector · same stage
Chronix Biomedical IncBiotechnologySeries A$20.6M$119.5Msame sector · same stage
Isto Technologies IncBiotechnologySeries A$21.1M$88.9Msame sector · same stage
Nanomr, Inc.BiotechnologySeries A$18.5M$86.8Msame sector · same stage
UCAN CoBiotechnologySeries A$21.5M$119.7Msame sector · same stage
Mellitus, LLCBiotechnologySeries A$17.8M$101.3Msame 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
Portal Biotechnologies, Inc.BiotechnologySeries A$49.5M85%
RenBio, Inc.BiotechnologySeries A$25.7M84%
Azure Biotech, Inc.BiotechnologySeed$52.3M84%
Liquid BioScience, Inc.BiotechnologySeries B$1.6B84%
Upstream Biotechnology, Inc.BiotechPre-Seed$1.4M84%
Rift Biotherapeutics, Inc.BiotechnologySeed$94.6M83%
Gateway Biotechnology, Inc.BiotechnologyPre-Seed$1.7M83%
ManaT Bio, Inc.BiotechnologySeries C$847.8M83%
Frequently asked
How much funding has Mesa Biotech, Inc. raised?
Mesa Biotech, Inc. has raised approximately $19.8M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Mesa Biotech, Inc.'s estimated valuation?
Provath's modeled valuation for Mesa Biotech, Inc. is approximately $108.5M (modeled range $3.3M–$589.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Mesa Biotech, Inc. at?
Mesa Biotech, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Oct 24.
What does Mesa Biotech, Inc. do and where is it based?
Mesa Biotech, Inc. operates in the Biotechnology sector, based in SAN DIEGO.
Explore related

See where Mesa Biotech, 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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