Companies · Pharmaceuticals

RS BioTherapeutics Inc.

CUMBERLAND · Pharmaceuticals

Diligence memoA one-page analyst read on RS BioTherapeutics Inc. — recommendation, valuation, rhythm, risks.
$1.9M
Total raised · real
3
Rounds
4.4×
Latest step-up
Top 75%
Sector rank · raised
Seed
Latest stage · inferred · Fri Oct 06 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

RS BioTherapeutics Inc. looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.80× the median modeled value of Seed Pharmaceuticals companies in 2022–2024 (50 peers) — value vs value, same stage and era.
  • Within the normal band (80% of peer median) for its niche.
At-risk
  • Last raise 2.7 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.
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 Pharmaceuticals

RS BioTherapeutics Inc. is one of 1613 Pharmaceuticals companies tracked from CUMBERLAND. By capital raised it ranks in the long tail (ahead of 26% 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
5
Investors (latest)
2021
Year incorporated
2023-10-06
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$5.0M$10M$15M$20MPre-Seed · 2022-06-09 Raised $685K (real) Modeled valuation $10M (est)$685K$10MPre-Seed2022Pre-Seed · 2022-11-16 Raised $100K (real) Modeled valuation $1.2M (est)$100K$1.2MPre-Seed2022Pre-Seed · 2023-07-20 Raised $250K (real) Modeled valuation $2.0M (est)$250K$2.0MPre-Seed2023Seed · 2023-10-06 Raised $1.1M (real) Modeled valuation $7.7M (est)$1.1M$7.7MSeed2023+$100K+$250K+$1.1MCumulative $2.1M

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$685K · 2022
Pre-Seed extension$100K · 2022
Pre-Seed extension$250K · 2023
Seed$1.1M · 2023

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

Modeled valuation trajectory
$7.7M
Base estimate est.
$835K
Conservative case
$25.0M
Upside case
$5.5M
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 pharma sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $10.4M · 2022-06-092022Pre-Seed · modeled $1.2M · 2022-11-16Pre-Seed · modeled $2.0M · 2023-07-20Seed · modeled $7.7M · 2023-10-062023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.68×/yr
Annual markup
2.20×/yr upside case
2.7 yr
Elapsed time used
2.7 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$1.4M/yr
Capital velocity
4.1 yr
On record since
2022
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1613 companies in Pharmaceuticals. 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) 0.2× of median
This company$1.9M
Sector median$8.1M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$1.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$7.7M
Sector median$76.1M

Raised more than 26% of sector peers (real $). Modeled value above 13% 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 #31 of 50.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Celeris Therapeutics, Inc. · Seed Raised $3.0M · modeled $48.7M (est)Oligomerix, Inc. · Seed Raised $8.3M · modeled $37.8M (est)2A Biosciences, Inc. · Seed Raised $3.8M · modeled $36.0M (est)Myosin Therapeutics Inc. · Seed Raised $3.0M · modeled $32.4M (est)Eluciderm Inc. · Seed Raised $3.8M · modeled $31.7M (est)AION Healthspan, Inc. · Seed Raised $2.9M · modeled $28.5M (est)Cannabinoid API Solutions, LLC · Seed Raised $2.2M · modeled $27.4M (est)CanaQuest Medical Corp. · Seed Raised $2.0M · modeled $22.8M (est)M Chest Institutional Pharmacy Group, LLC · Seed Raised $3.7M · modeled $21.4M (est)Vitalis Therapeutics, Inc. · Seed Raised $2.0M · modeled $20.8M (est)Visiox Pharma, LLC · Seed Raised $1.3M · modeled $17.5M (est)Adtech Pharma, Inc. · Seed Raised $3.0M · modeled $17.0M (est)RS BioTherapeutics Inc. (this company) Raised $1.9M · modeled $7.7M (est)RS BioTherapeutics Inc.
CompanyStageRaised · realValue · estvs peer med.
Celeris Therapeutics, Inc.Seed$3.0M$48.7M5.06×
Oligomerix, Inc.Seed$8.3M$37.8M3.93×
2A Biosciences, Inc.Seed$3.8M$36.0M3.74×
Myosin Therapeutics Inc.Seed$3.0M$32.4M3.37×
Eluciderm Inc.Seed$3.8M$31.7M3.29×
AION Healthspan, Inc.Seed$2.9M$28.5M2.96×
Cannabinoid API Solutions, LLCSeed$2.2M$27.4M2.85×
CanaQuest Medical Corp.Seed$2.0M$22.8M2.37×
M Chest Institutional Pharmacy Group, LLCSeed$3.7M$21.4M2.22×
Vitalis Therapeutics, Inc.Seed$2.0M$20.8M2.16×
Visiox Pharma, LLCSeed$1.3M$17.5M1.82×
Adtech Pharma, Inc.Seed$3.0M$17.0M1.76×
RS BioTherapeutics Inc. this companySeed$1.9M$7.7M0.80×
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$685K2022-06-09$3.8M$10.4M90%
Pre-Seed$100K2022-11-16$556K$1.2M90%
Pre-Seed$250K2023-07-20$1.4M$2.0M90%
Seed$1.1M2023-10-06$5.5M$7.7M90%
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$685K2022-06-09
    • First recorded raise — entered as Pre-Seed.
    • 6 investors on this round.
  2. Pre-Seed$100K2022-11-16
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 6.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$250K2023-07-20
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Seed$1.1M2023-10-06
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~5mo cadence
$3.3M
Modeled next size est.range $2.2M$5.3M
4.4×
Last step-up
$1.4M/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
Curtis Dean Rhine2022-11
Curtis Rhine2023-07
David Dean Freas2023-07
Dustin Dean Freas2022-06
H. Dean Hart2022-06
Justin Dean Molignoni2022-06
Michael Dean Guzman2022-06
Registry & provenance

RS BioTherapeutics 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
1932193
SEC CIK
2021
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
Advanced Pharmacy Solutions LlcPharmaceuticalsSeed$1.9M$3.3Msame sector · same stage
Neurogenetic Pharmaceuticals, Inc.PharmaceuticalsSeed$2.0M$3.8Msame sector · same stage
Altus Pharmacy Management, L.P.PharmaceuticalsSeed$2.0M$3.4Msame sector · same stage
Acenda Pharma, Inc.PharmaceuticalsSeed$2.0M$3.4Msame sector · same stage
Balto Pharmaceuticals, Inc.PharmaceuticalsSeed$2.0M$14.9Msame sector · same stage
Lumina Pharmaceuticals Inc.PharmaceuticalsSeed$2.0M$6.1Msame sector · same stage
Somnum Pharma, Inc.PharmaceuticalsSeed$2.0M$7.8Msame sector · same stage
GreenJay Therapeutics, Inc.PharmaceuticalsSeed$2.0M$5.3Msame 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
Axial Biotherapeutics, Inc.PharmaceuticalsSeries B$108.0M85%
Fuse Biotherapeutics, Inc.PharmaceuticalsSeries A$163.4M84%
Northwest Biotherapeutics IncPharmaceuticalsSeries A$74.8M84%
Revelar Biotherapeutics, Inc.BiotechnologySeries B$20.0M83%
A2 Biotherapeutics, Inc.BiotechnologySeries C$1.2B83%
SAB Biotherapeutics, Inc.BiotechnologySeries D+$1.4B83%
TORL Biotherapeutics LLCPharmaceuticalsSeries D+$1.8B83%
Eleven Biotherapeutics, Inc.BiotechnologySeries B$39.5M83%
Frequently asked
How much funding has RS BioTherapeutics Inc. raised?
RS BioTherapeutics Inc. has raised approximately $1.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is RS BioTherapeutics Inc.'s estimated valuation?
Provath's modeled valuation for RS BioTherapeutics Inc. is approximately $7.7M (modeled range $835K–$25.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is RS BioTherapeutics Inc. at?
RS BioTherapeutics Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Oct 06.
What does RS BioTherapeutics Inc. do and where is it based?
RS BioTherapeutics Inc. operates in the Pharmaceuticals sector, based in CUMBERLAND.
Explore related

See where RS BioTherapeutics Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at RS BioTherapeutics Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.