Companies · Biotechnology

Waveclear, Inc.

ERIE · Biotechnology

Diligence memoA one-page analyst read on Waveclear, Inc. — recommendation, valuation, rhythm, risks.
$4.3M
Total raised · real
3
Rounds
23.3×
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Thu Oct 09 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Waveclear, Inc. looks over-valued against its niche peers and is active 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 1.84× the median modeled value of Seed Biotechnology companies in 2025–2027 (99 peers) — value vs value, same stage and era.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Waveclear, Inc. is one of 4291 Biotechnology companies tracked from ERIE. By capital raised it ranks mid-pack (ahead of 40% 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)
2025-10-09
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$13M$25M$38M$50MPre-Seed · 2020-10-12 Raised $625K (real) Modeled valuation $29M (est)$625K$29MPre-Seed2020Pre-Seed · 2022-02-22 Raised $150K (real) Modeled valuation $3.0M (est)$150K$3.0MPre-Seed2022Seed · 2025-10-09 Raised $3.5M (real) Modeled valuation $8.4M (est)$3.5M$8.4MSeed2025+$150K+$3.5MCumulative $4.3M

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$625K · 2020
Pre-Seed extension$150K · 2022
Seed$3.5M · 2025

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

Modeled valuation trajectory
$8.4M
Base estimate est.
$2.5M
Conservative case
$15.8M
Upside case
$17.5M
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.

Pre-Seed · modeled $28.9M · 2020-10-122020Pre-Seed · modeled $3.0M · 2022-02-22Seed · modeled $8.4M · 2025-10-092025
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
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$857K/yr
Capital velocity
5.7 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 4291 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) 0.6× of median
This company$4.3M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.0× above median
This company$3.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$8.4M
Sector median$64.2M

Raised more than 40% of sector peers (real $). Modeled value above 16% 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 #14 of 99.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Carna Inc. · Seed Raised $3.4M · modeled $12.4M (est)NRX Pharmaceuticals, Inc. · Seed Raised $3.5M · modeled $12.3M (est)Vicora, Inc. · Seed Raised $3.4M · modeled $11.9M (est)MH3D, Inc. · Seed Raised $3.3M · modeled $11.9M (est)Oral Genome Corp. · Seed Raised $3.1M · modeled $11.2M (est)Synlico Inc. · Seed Raised $5.2M · modeled $10.1M (est)Auxilium Biotechnologies Inc. · Seed Raised $7.2M · modeled $9.7M (est)Silexion Therapeutics Corp · Seed Raised $3.6M · modeled $9.6M (est)Bodark Investment Group LP · Seed Raised $3.3M · modeled $9.4M (est)Sower Solas I Sidecar III, LLC · Seed Raised $3.5M · modeled $9.3M (est)Sift Biosciences, Inc. · Seed Raised $3.8M · modeled $8.4M (est)SiVEC Biotechnologies, Inc. · Seed Raised $3.3M · modeled $8.4M (est)Waveclear, Inc. (this company) Raised $4.3M · modeled $8.4M (est)Waveclear, Inc.
CompanyStageRaised · realValue · estvs peer med.
Carna Inc.Seed$3.4M$12.4M2.72×
NRX Pharmaceuticals, Inc.Seed$3.5M$12.3M2.70×
Vicora, Inc.Seed$3.4M$11.9M2.61×
MH3D, Inc.Seed$3.3M$11.9M2.61×
Oral Genome Corp.Seed$3.1M$11.2M2.45×
Synlico Inc.Seed$5.2M$10.1M2.22×
Auxilium Biotechnologies Inc.Seed$7.2M$9.7M2.13×
Silexion Therapeutics CorpSeed$3.6M$9.6M2.10×
Bodark Investment Group LPSeed$3.3M$9.4M2.06×
Sower Solas I Sidecar III, LLCSeed$3.5M$9.3M2.05×
Sift Biosciences, Inc.Seed$3.8M$8.4M1.85×
SiVEC Biotechnologies, Inc.Seed$3.3M$8.4M1.85×
Waveclear, Inc. this companySeed$4.3M$8.4M1.84×
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$625K2020-10-12$3.5M$28.9M90%
Pre-Seed$150K2022-02-22$833K$3.0M90%
Seed$3.5M2025-10-09$17.5M$8.4M90%
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$625K2020-10-12
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$150K2022-02-22
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 4.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Seed$3.5M2025-10-09
    • Raised again after 44 mo — slower than the ~14 mo sector norm.
    • Round 23.3× larger than the prior — scaling up.
    • 6 investors on this round.
Intelligence
2028 ~Q2
Modeled next raise · ~30mo cadence
$10.5M
Modeled next size est.range $6.8M$16.8M
23.3×
Last step-up
$857K/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
Jeffrey Vaitekunas2020-10
Mark Goldin2025-10
Richard Fang2020-10
Registry & provenance

Waveclear, 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
1829551
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
Brava Diagnostics, Inc.BiotechnologySeed$4.3M$11.1Msame sector · same stage
Cantai Therapeutics, Inc.BiotechnologySeed$4.3M$6.2Msame sector · same stage
ClearIt LLCBiotechnologySeed$4.3M$6.0Msame sector · same stage
ColonarySolutions, LLCBiotechnologySeed$4.3M$8.9Msame sector · same stage
IES Diagnostics, Inc.BiotechnologySeed$4.1M$7.7Msame sector · same stage
Care Connectors, Inc.BiotechnologySeed$4.0M$6.4Msame sector · same stage
Mercury Bio, Inc.BiotechnologySeed$3.9M$5.8Msame sector · same stage
Chitogen IncBiotechnologySeed$3.9M$6.9Msame 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
WaveFront Dynamics Inc.BiotechnologySeries A$39.6M89%
First Wave Bio, Inc.BiotechnologySeed$116.2M89%
Shoreline Biosciences, Inc.BiotechnologySeries D+$3.7B85%
Fisher Wallace Laboratories, Inc.BiotechnologySeries A$16.6M85%
VayuClear, Inc.BiotechnologyPre-Seed$6.6M85%
Stimwave Technologies IncBiotechnologySeed$132.9M84%
NanoTomer, Inc.BiotechnologyPre-Seed$52.4M84%
Pulse Biosciences, Inc.BiotechnologySeries C$1.4B84%
Frequently asked
How much funding has Waveclear, Inc. raised?
Waveclear, Inc. has raised approximately $4.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Waveclear, Inc.'s estimated valuation?
Provath's modeled valuation for Waveclear, Inc. is approximately $8.4M (modeled range $2.5M–$15.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Waveclear, Inc. at?
Waveclear, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Oct 09.
What does Waveclear, Inc. do and where is it based?
Waveclear, Inc. operates in the Biotechnology sector, based in ERIE.
Explore related

See where Waveclear, 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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