Diligence memo · auto-generated · as of July 2, 2026
Neurala, Inc.
Neurala, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Neurala, Inc. operates in Other, based in BOSTON.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Neurala, Inc. has raised $21M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2016-12-14.
Most recent recorded round closed around 2020-05-21.
Valuation (modeled)modeled
Provath models Neurala, Inc. at approximately $74M (range $6.7M–$401M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.91× the median modeled value of Series A Other companies in 2019–2021 (858 peers) — value vs value, same stage and era. Within the normal band (91% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 6.1 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 86% of Other peers (25015 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: No More Landfills Investment Group, LLC, 3901 Campbellton Rd., LLC, medpai group, WestCap Bolt, LLC, HBC Management Class B L.P..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.