Companies · Biotechnology

Thelium Therapeutics Inc.

SAN CARLOS · Biotechnology

Diligence memoA one-page analyst read on Thelium Therapeutics Inc. — recommendation, valuation, rhythm, risks.
$3.1M
Total raised · real
1
Rounds
Latest step-up
Top 66%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 21 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Thelium Therapeutics Inc. looks over-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.

Over-valued
  • Modeled value is 3.56× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Thelium Therapeutics Inc. is one of 4293 Biotechnology companies tracked from SAN CARLOS. By capital raised it ranks in the long tail (ahead of 35% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
10
Investors (latest)
2019
Year incorporated
2022-04-21
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$100MSeed · 2022-04-21 Raised $3.1M (real) Modeled valuation $51M (est)$3.1M$51MSeed2022

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
Seed$3.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$50.7M
Base estimate est.
$2.2M
Conservative case
$244.5M
Upside case
$15.5M
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 biotech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

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
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.2 yr
On record since
2022
First round
1
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) 0.4× of median
This company$3.1M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.8× above median
This company$3.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$50.7M
Sector median$64.2M

Raised more than 35% of sector peers (real $). Modeled value above 45% 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 #9 of 207.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Mesentech Inc. · Seed Raised $3.9M · modeled $65.7M (est)Marlinspike Therapeutics, Inc. · Seed Raised $3.5M · modeled $64.4M (est)Microbial Machines, Inc. · Seed Raised $3.9M · modeled $63.7M (est)Pearl Diagnostics, Inc. · Seed Raised $3.5M · modeled $62.9M (est)Crossfire Medical Inc · Seed Raised $3.0M · modeled $57.5M (est)Design Pharmaceuticals, Inc. · Seed Raised $3.0M · modeled $57.0M (est)Tekv Holdings LLC · Seed Raised $4.0M · modeled $55.5M (est)Mi-Helper, Inc. · Seed Raised $4.0M · modeled $50.9M (est)Turtle Health, Inc. · Seed Raised $2.7M · modeled $49.1M (est)Accufix Holdings, Inc. · Seed Raised $4.2M · modeled $46.7M (est)Kyttaro Ltd · Seed Raised $5.2M · modeled $45.5M (est)Thelium Therapeutics Inc. (this company) Raised $3.1M · modeled $50.7M (est)Thelium Therapeutics Inc.
CompanyStageRaised · realValue · estvs peer med.
Mesentech Inc.Seed$3.9M$65.7M4.61×
Marlinspike Therapeutics, Inc.Seed$3.5M$64.4M4.52×
Microbial Machines, Inc.Seed$3.9M$63.7M4.47×
Pearl Diagnostics, Inc.Seed$3.5M$62.9M4.41×
Crossfire Medical IncSeed$3.0M$57.5M4.04×
Design Pharmaceuticals, Inc.Seed$3.0M$57.0M4.00×
Tekv Holdings LLCSeed$4.0M$55.5M3.89×
Mi-Helper, Inc.Seed$4.0M$50.9M3.58×
Thelium Therapeutics Inc. this companySeed$3.1M$50.7M3.56×
Turtle Health, Inc.Seed$2.7M$49.1M3.45×
Accufix Holdings, Inc.Seed$4.2M$46.7M3.28×
Kyttaro LtdSeed$5.2M$45.5M3.20×
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.
Seed$3.1M2022-04-21$15.5M$50.7M90%
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. Seed$3.1M2022-04-21
    • First recorded raise — entered as Seed.
    • 10 investors on this round.
Intelligence
Modeled next raise
$5.0M
Modeled next size est.range $3.2M$7.9M
Last step-up
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
Miro Brajenovic2022-04
Registry & provenance

Thelium Therapeutics 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
1926260
SEC CIK
2019
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
Oncofactor CorpBiotechnologySeed$3.1M$44.4Msame sector · same stage
Azure Biotech, Inc.BiotechnologySeed$3.0M$52.4Msame sector · same stage
Crossfire Medical IncBiotechnologySeed$3.0M$57.5Msame sector · same stage
Curelab Oncology IncBiotechnologySeed$3.0M$40.5Msame sector · same stage
Design Pharmaceuticals, Inc.BiotechnologySeed$3.0M$57.0Msame sector · same stage
Precidiag, Inc.BiotechnologySeed$3.0M$39.6Msame sector · same stage
Animated Dynamics, Inc.BiotechnologySeed$3.0M$56.7Msame sector · same stage
Sabik Medical Inc.BiotechnologySeed$3.0M$44.3Msame 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
Therini Bio, Inc.BiotechnologySeries C$1.1B85%
Therabron Therapeutics, Inc.BiotechnologySeries A$84.1M85%
Iterum Therapeutics LtdBiotechnologySeries C$115.9M84%
CARGO Therapeutics, Inc.BiotechnologySeries C$1.0B84%
OncoMyx Therapeutics, Inc.BiotechnologySeries C$1.2B83%
Oncternal Therapeutics, Inc.BiotechnologySeries C$222.9M83%
Hexamer Therapeutics, IncBiotechnologyPre-Seed$4.1M83%
Theromics Inc.BiotechnologySeed$10.0M83%
Frequently asked
How much funding has Thelium Therapeutics Inc. raised?
Thelium Therapeutics Inc. has raised approximately $3.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Thelium Therapeutics Inc.'s estimated valuation?
Provath's modeled valuation for Thelium Therapeutics Inc. is approximately $50.7M (modeled range $2.2M–$244.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Thelium Therapeutics Inc. at?
Thelium Therapeutics Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 21.
What does Thelium Therapeutics Inc. do and where is it based?
Thelium Therapeutics Inc. operates in the Biotechnology sector, based in SAN CARLOS.
Explore related

See where Thelium Therapeutics 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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