Diligence memo · auto-generated · as of July 2, 2026
Virpax Pharmaceuticals, Inc.
Virpax Pharmaceuticals, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Virpax Pharmaceuticals, Inc. operates in Pharmaceuticals, based in BERWYN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Virpax Pharmaceuticals, Inc. has raised $3.9M 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: $2.5M on 2024-07-05.
Most recent recorded round closed around 2024-07-05.
Valuation (modeled)modeled
Provath models Virpax Pharmaceuticals, Inc. at approximately $12M (range $1.9M–$31M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.23× the median modeled value of Seed Pharmaceuticals companies in 2022–2024 (50 peers) — value vs value, same stage and era. Within the normal band (123% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 77 months.
Last raise 24 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round stepped up 1.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 38% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 19% of those peers.
Closest niche peers: Celeris Therapeutics, Inc., Oligomerix, Inc., 2A Biosciences, Inc., Myosin Therapeutics Inc., Eluciderm Inc..
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.