Diligence memo · auto-generated · as of July 2, 2026
Wenzel Spine, Inc.
Wenzel Spine, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Wenzel Spine, Inc. operates in Biotechnology, based in AUSTIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Wenzel Spine, Inc. has raised $4.9M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2009-10-29.
Most recent recorded round closed around 2021-11-03.
Valuation (modeled)modeled
Provath models Wenzel Spine, Inc. at approximately $11M (range $360K–$58M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.16× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 48 months.
Last raise 4.7 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 43% of Biotechnology peers (4293 compared).
Modeled value ranks above 19% of those peers.
Closest niche peers: Novo Biosciences, Inc., Entac Medical, Inc., ReGelTec, Inc., Korro Bio, Inc., TamuroBio Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.