Companies · Biotech

X1 Biotech Inc.

NEEDHAM · Biotech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on X1 Biotech Inc. — recommendation, valuation, rhythm, risks.
$100K
Total raised · real
1
Rounds
Latest step-up
Top 33%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Nov 07 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

X1 Biotech Inc. looks under-valued against its niche peers and is at-risk 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 0.38× the median modeled value of Pre-Seed Biotech companies in 2022–2024 (5 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.7 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Biotech

X1 Biotech Inc. is one of 233 Biotech companies tracked from NEEDHAM. By capital raised it ranks mid-pack (ahead of 68% 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.

biotech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2021
Year incorporated
2023-11-07
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$250K$500K$750K$1.0MPre-Seed · 2023-11-07 Raised $100K (real) Modeled valuation $691K (est)$100K$691KPre-Seed2023

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$100K · 2023

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

Modeled valuation trajectory
$691K
Base estimate est.
$53K
Conservative case
$2.8M
Upside case
$556K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
24%
Survival probability
10% low · 44% high
1.86×/yr
Annual markup
2.52×/yr upside case
2.6 yr
Elapsed time used
2.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.7 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Biotech. 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) 0.0× of median
This company$100K
Sector median$7.8M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$100K
Sector median$315K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$691K
Sector median$56.2M

Raised more than 68% of sector peers (real $). Modeled value above 68% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #5 of 5.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$10K$100K$1.0M$10.0MCapital raised (log)Antlia Bioscience, Inc. · Pre-Seed Raised $887K · modeled $12.4M (est)Innovation1 Biotech Inc. · Pre-Seed Raised $487K · modeled $1.8M (est)Bodhi Tree Biotechnology Inc · Pre-Seed Raised $331K · modeled $1.8M (est)Biotech Social Inc. · Pre-Seed Raised $275K · modeled $1.4M (est)X1 Biotech Inc. (this company) Raised $100K · modeled $691K (est)X1 Biotech Inc.
CompanyStageRaised · realValue · estvs peer med.
Antlia Bioscience, Inc.Pre-Seed$887K$12.4M6.78×
Innovation1 Biotech Inc.Pre-Seed$487K$1.8M1.00×
Bodhi Tree Biotechnology IncPre-Seed$331K$1.8M1.00×
Biotech Social Inc.Pre-Seed$275K$1.4M0.79×
X1 Biotech Inc. this companyPre-Seed$100K$691K0.38×
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$100K2023-11-07$556K$691K90%
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$100K2023-11-07
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$160K
Modeled next size est.range $104K$256K
Last step-up
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
Michael Aceti3 other2023-11
Dean Eliott2023-11
Joseph Arboleda-Valasquez2023-11
Lawrence Kaufman2023-11
Leo Kim2023-11
Registry & provenance

X1 Biotech 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
2068848
SEC CIK
2021
Incorporated
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
Gemneo Bioscience, Inc.BiotechPre-Seed$100K$5.5Msame sector · same stage
Epoch Biotech, LLCBiotechPre-Seed$1.0M$797Knetwork1 shared operator · same sector · same stage
Aniluxx Biotechnology, Inc.BiotechPre-Seed$200K$11.0Msame sector · same stage
Corami Biotech Inc.BiotechPre-Seed$210K$329Ksame sector · same stage
Biotech Social Inc.BiotechPre-Seed$275K$1.4Msame sector · same stage
Bodhi Tree Biotechnology IncBiotechPre-Seed$331K$1.8Msame sector · same stage
Kingsmore Biotech, LLCBiotechPre-Seed$478K$26.4Msame sector · same stage
Innovation1 Biotech Inc.BiotechPre-Seed$487K$1.8Msame 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
Innovation1 Biotech Inc.BiotechPre-Seed$1.8M88%
xD Bio, Inc.Biotech / PharmaSeed$53.1M87%
OneThree Biotech, Inc.BiotechSeed$124.4M86%
Debut Biotechnology, Inc.BiotechSeries B$88.8M85%
MET Biotechnology Inc.BiotechSeed$12.3M85%
X-Biomedical Inc.BiotechnologyPre-Seed$23.5M84%
Empire Biotechnologies, Inc.Biotech / PharmaPre-Seed$5.6M84%
Q Bio, Inc.Biotech / PharmaSeries B$213.8M84%
Frequently asked
How much funding has X1 Biotech Inc. raised?
X1 Biotech Inc. has raised approximately $100K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is X1 Biotech Inc.'s estimated valuation?
Provath's modeled valuation for X1 Biotech Inc. is approximately $691K (modeled range $53K–$2.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is X1 Biotech Inc. at?
X1 Biotech Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Nov 07.
What does X1 Biotech Inc. do and where is it based?
X1 Biotech Inc. operates in the Biotech sector, based in NEEDHAM.
Explore related

See where X1 Biotech 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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