Diligence memo · auto-generated · as of July 2, 2026
Nemus
Nemus looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Nemus operates in Pharmaceuticals, based in Costa Mesa.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nemus has raised $1.9M 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: $1.5M on 2014-06-13.
Most recent recorded round closed around 2014-10-07.
Valuation (modeled)modeled
Provath models Nemus at approximately $17M (range $344K–$136M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.26× the median modeled value of Seed Pharmaceuticals companies in 2013–2015 (51 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 11.7 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 27% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 25% of those peers.
Closest niche peers: Assured Pharma, Inc., Wellesley Pharmaceuticals Llc, Generico, Llc, Aggamin Pharmaceuticals, LLC, Abeona Therapeutics LLC.
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.