Companies · Biotechnology

X-Biotix Therapeutics, Inc.

Waltham · Biotechnology

Diligence memoA one-page analyst read on X-Biotix Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$13.4M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 40%
Sector rank · raised
Series A
Latest stage · inferred · Tue Nov 12 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

X-Biotix Therapeutics, Inc. looks fair 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.

Fair
  • Modeled value is 0.80× the median modeled value of Series A Biotechnology companies in 2019–2021 (216 peers) — value vs value, same stage and era.
  • Within the normal band (80% of peer median) for its niche.
Dormant
  • Last raise 6.6 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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

X-Biotix Therapeutics, Inc. is one of 4293 Biotechnology companies tracked from Waltham. By capital raised it ranks mid-pack (ahead of 61% 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
7
Investors (latest)
2016
Year incorporated
2019-11-12
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$125M$250M$375M$500MSeries A · 2018-04-17 Raised $9.4M (real) Modeled valuation $339M (est)$9.4M$339MSeries A2018Series A · 2018-04-17 Raised $7.1M (real) Modeled valuation $258M (est)$7.1M$258MSeries A2018Series A · 2018-04-17 Raised $6.1M (real) Modeled valuation $222M (est)$6.1M$222MSeries A2018Series A · 2019-11-12 Raised $4.0M (real) Modeled valuation $145M (est)$4.0M$145MSeries A2019+$7.1M+$6.1M+$4.0MCumulative $27M

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
Series A$9.4M · 2018
Series A extension$7.1M · 2018
Series A extension$6.1M · 2018
Series A extension$4.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$145.0M
Base estimate est.
$4.4M
Conservative case
$788.2M
Upside case
$18.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $339.2M · 2018-04-172018Series A · modeled $258.1M · 2018-04-17Series A · modeled $221.9M · 2018-04-17Series A · modeled $145.0M · 2019-11-122019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
6.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$8.5M/yr
Capital velocity
8.2 yr
On record since
2018
First round
4
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) 1.9× above median
This company$13.4M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$4.0M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$145.0M
Sector median$64.2M

Raised more than 61% of sector peers (real $). Modeled value above 66% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #138 of 216.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)TRACT Therapeutics, Inc. · Series A Raised $15.0M · modeled $542.3M (est)TechAccel, LLC · Series A Raised $15.0M · modeled $542.3M (est)Arrakis Therapeutics, Inc. · Series A Raised $28.2M · modeled $542.3M (est)Trident Labs, Inc. · Series A Raised $14.0M · modeled $506.1M (est)Meissa Vaccines Inc · Series A Raised $15.2M · modeled $503.1M (est)Vibe Bioscience Ltd. · Series A Raised $13.9M · modeled $501.1M (est)Trovagene, Inc. · Series A Raised $45.3M · modeled $488.0M (est)Taiga Biotechnologies, Inc. · Series A Raised $37.9M · modeled $485.3M (est)Equinox, Inc. · Series A Raised $34.7M · modeled $485.2M (est)Aruna Biomedical Inc · Series A Raised $22.4M · modeled $480.5M (est)Vibe Bioscience Corp · Series A Raised $13.7M · modeled $476.8M (est)Adarza BioSystems, Inc. · Series A Raised $31.5M · modeled $461.9M (est)X-Biotix Therapeutics, Inc. (this company) Raised $13.4M · modeled $145.0M (est)X-Biotix Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
TRACT Therapeutics, Inc.Series A$15.0M$542.3M3.00×
TechAccel, LLCSeries A$15.0M$542.3M3.00×
Arrakis Therapeutics, Inc.Series A$28.2M$542.3M3.00×
Trident Labs, Inc.Series A$14.0M$506.1M2.80×
Meissa Vaccines IncSeries A$15.2M$503.1M2.78×
Vibe Bioscience Ltd.Series A$13.9M$501.1M2.77×
Trovagene, Inc.Series A$45.3M$488.0M2.70×
Taiga Biotechnologies, Inc.Series A$37.9M$485.3M2.68×
Equinox, Inc.Series A$34.7M$485.2M2.68×
Aruna Biomedical IncSeries A$22.4M$480.5M2.66×
Vibe Bioscience CorpSeries A$13.7M$476.8M2.64×
Adarza BioSystems, Inc.Series A$31.5M$461.9M2.56×
X-Biotix Therapeutics, Inc. this companySeries A$13.4M$145.0M0.80×
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.
Series A$9.4M2018-04-17$42.6M$339.2M90%
Series A$7.1M2018-04-17$32.4M$258.1M90%
Series A$6.1M2018-04-17$27.9M$221.9M90%
Series A$4.0M2019-11-12$18.2M$145.0M90%
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. Series A$9.4M2018-04-17
    • First recorded raise — entered as Series A.
    • 7 investors on this round.
  2. Series A$7.1M2018-04-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Series A$6.1M2018-04-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  4. Series A$4.0M2019-11-12
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~6mo cadence
$4.0M
Modeled next size est.range $4.0M$6.4M
0.7×
Last step-up
$8.5M/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
Christopher D. Ray1 other2018-04
Stephen T. Isaacs1 other2018-04
David D. Cook, Ph.D.2018-04
Dominic D. Ryan2019-11
M. Dominic Ryan Ph.D.2018-04
Ramani Varanasi2018-04
Thomas G. Bernhardt Ph.D.2018-04
Registry & provenance

X-Biotix 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
1738806
SEC CIK
2016
Incorporated
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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.

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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
X-Biomedical Inc.BiotechnologyPre-Seed$23.5M88%
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Exxel Pharma, INC.BiotechnologyPre-Seed$2.2M87%
Nexo Therapeutics, Inc.BiotechnologySeries C$994.9M86%
Biolexis Therapeutics Inc.BiotechnologySeed$7.3M86%
Xyone Therapeutics, Inc.BiotechnologySeries A$143.2M86%
XenoTherapeutics CorpBiotechnologySeed$39.0M86%
EpiVax Therapeutics, Inc.BiotechnologySeed$14.8M85%
Frequently asked
How much funding has X-Biotix Therapeutics, Inc. raised?
X-Biotix Therapeutics, Inc. has raised approximately $13.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is X-Biotix Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for X-Biotix Therapeutics, Inc. is approximately $145.0M (modeled range $4.4M–$788.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is X-Biotix Therapeutics, Inc. at?
X-Biotix Therapeutics, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Nov 12.
What does X-Biotix Therapeutics, Inc. do and where is it based?
X-Biotix Therapeutics, Inc. operates in the Biotechnology sector, based in Waltham.
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