Companies · Biotechnology

X Body Inc

WALTHAM · Biotechnology

Diligence memoA one-page analyst read on X Body Inc — recommendation, valuation, rhythm, risks.
$10.3M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 44%
Sector rank · raised
Series A
Latest stage · inferred · Tue Feb 12 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

X Body Inc looks under-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.

Under-valued
  • Modeled value is 0.61× the median modeled value of Series A Biotechnology companies in 2013–2015 (111 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.4 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 Body Inc is one of 4293 Biotechnology companies tracked from WALTHAM. By capital raised it ranks mid-pack (ahead of 57% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
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$50M$100M$150M$200MSeries A · 2008-12-19 Raised $4.1M (real) Modeled valuation $150M (est)$4.1M$150MSeries A2008Seed · 2008-12-19 Raised $3.5M (real) Modeled valuation $157M (est)$3.5M$157MSeed2008Series A · 2013-02-12 Raised $2.7M (real) Modeled valuation $96M (est)$2.7M$96MSeries A2013+$3.5M+$2.7MCumulative $10M

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$4.1M · 2008
Bridge · Series A-stage$3.5M · 2008smaller follow-on
Series A extension$2.7M · 2013

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: 67%.

Modeled valuation trajectory
$96.3M
Base estimate est.
$2.9M
Conservative case
$523.4M
Upside case
$12.1M
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 $149.6M · 2008-12-192008Seed · modeled $157.4M · 2008-12-19Series A · modeled $96.3M · 2013-02-122013
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
13.4 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$2.5M/yr
Capital velocity
17.5 yr
On record since
2008
First round
3
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) 1.4× above median
This company$10.3M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.5× of median
This company$2.7M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$96.3M
Sector median$64.2M

Raised more than 57% of sector peers (real $). Modeled value above 58% 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 #78 of 111.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Dnanexus, Inc. · Series A Raised $31.6M · modeled $542.3M (est)Foresight Biotherapeutics, Inc. · Series A Raised $17.0M · modeled $542.3M (est)AuraSense Therapeutics, LLC · Series A Raised $33.6M · modeled $535.0M (est)Zyomyx Inc · Series A Raised $15.2M · modeled $514.1M (est)Champions Oncology, Inc. · Series A Raised $36.8M · modeled $506.1M (est)Thrasos Innovation Inc. · Series A Raised $14.0M · modeled $506.1M (est)Merganser Biotech, Inc. · Series A Raised $21.1M · modeled $473.5M (est)Progenics Pharmaceuticals Inc · Series A Raised $12.9M · modeled $467.2M (est)GeneWeave Biosciences, Inc. · Series A Raised $36.3M · modeled $441.0M (est)Aeglea BioTherapeutics Holdings, LLC · Series A Raised $15.8M · modeled $387.1M (est)Hydra Biosciences Inc · Series A Raised $10.5M · modeled $379.9M (est)Brainstorm Cell Therapeutics Inc. · Series A Raised $12.3M · modeled $379.6M (est)X Body Inc (this company) Raised $10.3M · modeled $96.3M (est)X Body Inc
CompanyStageRaised · realValue · estvs peer med.
Dnanexus, Inc.Series A$31.6M$542.3M3.41×
Foresight Biotherapeutics, Inc.Series A$17.0M$542.3M3.41×
AuraSense Therapeutics, LLCSeries A$33.6M$535.0M3.36×
Zyomyx IncSeries A$15.2M$514.1M3.23×
Champions Oncology, Inc.Series A$36.8M$506.1M3.18×
Thrasos Innovation Inc.Series A$14.0M$506.1M3.18×
Merganser Biotech, Inc.Series A$21.1M$473.5M2.98×
Progenics Pharmaceuticals IncSeries A$12.9M$467.2M2.94×
GeneWeave Biosciences, Inc.Series A$36.3M$441.0M2.77×
Aeglea BioTherapeutics Holdings, LLCSeries A$15.8M$387.1M2.43×
Hydra Biosciences IncSeries A$10.5M$379.9M2.39×
Brainstorm Cell Therapeutics Inc.Series A$12.3M$379.6M2.39×
X Body Inc this companySeries A$10.3M$96.3M0.61×
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$4.1M2008-12-19$18.8M$149.6M90%
Seed$3.5M2008-12-19$17.7M$157.4M90%
Series A$2.7M2013-02-12$12.1M$96.3M90%
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$4.1M2008-12-19
    • First recorded raise — entered as Series A.
  2. Seed$3.5M2008-12-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Series A$2.7M2013-02-12
    • Raised again after 50 mo — slower than the ~14 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
Intelligence
2015 ~Q1
Modeled next raise · ~25mo cadence
$2.7M
Modeled next size est.range $2.7M$4.3M
0.8×
Last step-up
$2.5M/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
Richard W. Wagner2 other2008-12
Jeffrey W. Troderman1 other2013-02
Brant W. Binder2008-12
Gordon W. Binder2008-12
Registry & provenance

X Body 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
1441394
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
X-Rx, Inc.PharmaceuticalsSeries A$8.5M$263.3Mnetwork2 shared operators · same stage
Eterna Therapeutics Inc.BiotechnologySeries A$53.1M$26.6Mnetwork1 shared operator · same sector · same stage
Biolife Solutions IncBiotechnologySeries A$10.4M$76.4Msame sector · same stage
Revelation Biosciences, IncBiotechnologySeries A$10.5M$119.0Msame sector · same stage
Vigene Biosciences, Inc.BiotechnologySeries A$10.5M$108.5Msame sector · same stage
Biovie Inc.BiotechnologySeries A$10.5M$81.2Msame sector · same stage
Project Samri Inc.BiotechnologySeries A$10.5M$76.5Msame sector · same stage
Launchpad Therapeutics, Inc.BiotechnologySeries A$10.0M$111.5Msame sector · same stage
Frequently asked
How much funding has X Body Inc raised?
X Body Inc has raised approximately $10.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is X Body Inc's estimated valuation?
Provath's modeled valuation for X Body Inc is approximately $96.3M (modeled range $2.9M–$523.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is X Body Inc at?
X Body Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Feb 12.
What does X Body Inc do and where is it based?
X Body Inc operates in the Biotechnology sector, based in WALTHAM.
Explore related

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