Companies · Biotechnology

Painqx, Inc.

KENNETT SQUARE · Biotechnology

Diligence memoA one-page analyst read on Painqx, Inc. — recommendation, valuation, rhythm, risks.
$2.3M
Total raised · real
2
Rounds
0.5×
Latest step-up
Top 71%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Painqx, 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 0.34× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.3 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

Painqx, Inc. is one of 4293 Biotechnology companies tracked from KENNETT SQUARE. By capital raised it ranks in the long tail (ahead of 30% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2021-04-01
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$25M$50M$75M$100MPre-Seed · 2017-08-11 Raised $325K (real) Modeled valuation $18M (est)$325K$18MPre-Seed2017Seed · 2017-08-11 Raised $1.6M (real) Modeled valuation $70M (est)$1.6M$70MSeed2017Seed · 2021-04-01 Raised $736K (real) Modeled valuation $22M (est)$736K$22MSeed2021+$1.6M+$736KCumulative $2.6M

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$325K · 2017
Seed$1.6M · 2017
Seed extension$736K · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$21.6M
Base estimate est.
$530K
Conservative case
$138.4M
Upside case
$3.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $17.9M · 2017-08-112017Seed · modeled $69.7M · 2017-08-11Seed · modeled $21.6M · 2021-04-012021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$634K/yr
Capital velocity
8.9 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 4293 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) 0.3× of median
This company$2.3M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$736K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$21.6M
Sector median$64.2M

Raised more than 30% of sector peers (real $). Modeled value above 29% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #164 of 186.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Novo Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Entac Medical, Inc. · Seed Raised $4.0M · modeled $177.6M (est)ReGelTec, Inc. · Seed Raised $6.0M · modeled $177.6M (est)Korro Bio, Inc. · Seed Raised $4.0M · modeled $177.6M (est)TamuroBio Inc. · Seed Raised $4.0M · modeled $177.6M (est)Initial Therapeutics, Inc. · Seed Raised $3.8M · modeled $168.6M (est)Helaina Inc · Seed Raised $4.4M · modeled $165.0M (est)Onchilles Pharma, Inc. · Seed Raised $3.6M · modeled $158.5M (est)UVision 360, Inc. · Seed Raised $4.6M · modeled $155.7M (est)Safeguard Biosystems Holdings Ltd · Seed Raised $3.5M · modeled $155.4M (est)Enable Medicine Inc. · Seed Raised $3.6M · modeled $152.3M (est)Newomics Inc. · Seed Raised $3.9M · modeled $149.0M (est)Painqx, Inc. (this company) Raised $2.3M · modeled $21.6M (est)Painqx, Inc.
CompanyStageRaised · realValue · estvs peer med.
Novo Biosciences, Inc.Seed$4.0M$177.6M2.76×
Entac Medical, Inc.Seed$4.0M$177.6M2.76×
ReGelTec, Inc.Seed$6.0M$177.6M2.76×
Korro Bio, Inc.Seed$4.0M$177.6M2.76×
TamuroBio Inc.Seed$4.0M$177.6M2.76×
Initial Therapeutics, Inc.Seed$3.8M$168.6M2.62×
Helaina IncSeed$4.4M$165.0M2.57×
Onchilles Pharma, Inc.Seed$3.6M$158.5M2.47×
UVision 360, Inc.Seed$4.6M$155.7M2.42×
Safeguard Biosystems Holdings LtdSeed$3.5M$155.4M2.42×
Enable Medicine Inc.Seed$3.6M$152.3M2.37×
Newomics Inc.Seed$3.9M$149.0M2.32×
Painqx, Inc. this companySeed$2.3M$21.6M0.34×
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$325K2017-08-11$1.8M$17.9M90%
Seed$1.6M2017-08-11$7.8M$69.7M90%
Seed$736K2021-04-01$3.7M$21.6M90%
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$325K2017-08-11
    • First recorded raise — entered as Pre-Seed.
  2. Seed$1.6M2017-08-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.8× larger than the prior — scaling up.
    • 41 investors on this round.
  3. Seed$736K2021-04-01
    • Raised again after 44 mo — slower than the ~14 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~22mo cadence
$736K
Modeled next size est.range $736K$1.2M
0.5×
Last step-up
$634K/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
Alexander Ruckdaeschel5 other2021-04
John H. Stewart1 other2021-04
Alex Ruckdaeschel2017-08
Andrew Koopman2021-04
Frank Minella2017-08
Registry & provenance

Painqx, 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
1670187
SEC CIK
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
PathCision Medicine, Inc.BiotechnologySeed$2.3M$20.4Msame sector · same stage
Uromedica IncBiotechnologySeed$2.4M$26.6Msame sector · same stage
Asl Analytical IncBiotechnologySeed$2.4M$24.0Msame sector · same stage
SunnyBay BioTech, Inc.BiotechnologySeed$2.2M$24.4Msame sector · same stage
Deverra Therapeutics, Inc.BiotechnologySeed$2.4M$18.2Msame sector · same stage
Cadenza Bio, Inc.BiotechnologySeed$2.4M$16.3Msame sector · same stage
BG Medicine, Inc.BiotechnologySeed$2.5M$22.2Msame sector · same stage
Mimio Health, IncBiotechnologySeed$2.5M$24.9Msame 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
Q-State PainCo, Inc.BiotechnologySeed$88.8M90%
Painreform Ltd.BiotechnologySeries A$156.0M88%
CancerVAX, Inc.BiotechnologyPre-Seed$7.2M85%
RegenX Science Inc.BiotechnologySeries A$62.4M85%
BALX Holdings, LLCBiotechnologySeries A$72.3M85%
Q Labs Holdings, Inc.BiotechnologySeries A$188.0M85%
VQ Biomedical, Inc.BiotechnologySeed$7.6M85%
NERx Biosciences, Inc.BiotechnologyPre-Seed$4.8M85%
Frequently asked
How much funding has Painqx, Inc. raised?
Painqx, Inc. has raised approximately $2.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Painqx, Inc.'s estimated valuation?
Provath's modeled valuation for Painqx, Inc. is approximately $21.6M (modeled range $530K–$138.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Painqx, Inc. at?
Painqx, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 01.
What does Painqx, Inc. do and where is it based?
Painqx, Inc. operates in the Biotechnology sector, based in KENNETT SQUARE.
Explore related

See where Painqx, 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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