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IMETABOLIC BIOPHARMA

Operating

iMetabolic Biopharma Corporation

Biotech · Biotech · Tempe, AZ · Founded 2017

Bringing hope to communities through tech-powered biopharma

Valuation cap ⓘ
$25.0M
As of Dec 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$357,655
Crowd $343K · Private $15K · 2 rounds since 2020
Latest share price
$0.64
Section 4(a)(2) · Common Stock · Mar 2020 offering price

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$0
−$22K
2020
$0
−$64K
2021
$0
−$83K
2022
$77K
−$201K
2023
$130K
−$120K
2024
$137K
−$100K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
FY2023 unaudited
FY2024 unaudited
FY2025 unaudited
Income statement
Revenue
$0
$0
$0
$76,803
$129,520
$137,329
Cost of goods sold
$0
$0
$0
$0
$0
$0
Gross margin
—
—
—
100%
100%
100%
Net income
-$22,130
-$63,745
-$83,255
-$200,806
-$120,292
-$99,746
Taxes paid
$0
$0
$0
$476
$0
$0
Balance sheet
Cash
$119,176
$62,248
$4,601
$100,587
$82,459
$25,726
Accounts receivable
$0
$0
$0
$76,803
$0
$2
Total assets
$119,176
$64,248
$4,601
$100,587
$82,459
$27,787
Short-term debt
$3,139
$0
$0
$8,949
$47,853
$65,378
Long-term debt
$148,000
$155,471
$172,665
$455,843
$0
$557,779
Total liabilities
$151,139
$155,471
$172,665
$464,792
$47,853
$623,157
Other
Headcount
—
4
4
4
—
4

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$25.0M
Valuation cap
Reg CF · Note · Dec 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of May 6, 2026
ClassOutstandingVotes / shareShare of totalLast price
Common Stock10,408,905—100.0%$0.64Mar 2020

Principal holders% as the filing states it, May 6, 2026

  • Urban A. D. Kiernan Revocable Living Trust6,859,525 Common Stock65.9%of company
  • Everyone else (not named in filings)34.1%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $342.5K / $1.2MInvestors 275Valuation cap $25M

Team

5 people
Urban Austin KiernanFounder
Founder, Chairman, CEO, President, and Treasurer

With over 22 years of industry business and research experience, Dr. Urban A. Kiernan is the Founder, Chairman and CEO of iMetabolic Biopharma Corporation (iMBP). Under his leadership iMBP has raised >$1.1 Million in startup investment, established two partnership deals with Ligand Pharmaceuticals/OmniAb, and an additional partnership with Amazon Web Services. These partnerships have paid off with dividends as they have led to the establishment of both the iPlatform™ and a drug asset pipeline towards five different disease programs. Doing more with less is Dr. Kiernan’s business philosophy. Prior to starting iMBP, Dr. Kiernan was the Director of Biomarker Discovery at Intrinsic Bioprobes Inc, during which time he was the recipient of ~$4 Million in Phase I & II National Institutes of Health grants, negotiated significant licensing and service deals with companies such as Johnson & Johnson and Promedior, and was able to achieve his first business exit through acquisition. He then later worked for Thermo Fisher Scientific and was able to quickly rise through the ranks into Global Business Development, providing him a breadth of knowledge and experience in the life science and biopharma sectors. He received his M.Sc. and Ph.D. from Arizona State University, is a devoted husband, father and Jiu Jitsuka. He has authored more than 45 peer reviewed publications, 4 book chapters and received 11 patent awards…and there is still more to come!!!

David F Hendren
Chief Business Officer

David Hendren has extensive experience launching, financing, and building successful ventures from incubation to exit, with particular expertise in healthcare, life science, biomedical technology, digital health, and related technology and service areas. He has deep knowledge and broad perspective from 25+ years in leadership roles on virtually all sides of the table, including VC, entrepreneur, CEO, board member/chair, advisor, consultant, and counsel. David has launched successful medical technologies from inception, and led, co-invested and executed deals with leading firms and strategics, with exits including IPO, M&A, and technology licensing transactions cumulatively exceeding $1B. In operating, board, and advisory roles, David has been central to identifying opportunity, building teams, formulating strategy, securing capital, developing business and strategic alliances, and driving successful exits to harvest value for stakeholders. He earned his AB at Dartmouth College and his JD at Northwestern University Pritzker School of Law.

Stephen Adam Munk
Interim - COO and Board Director

Dr. Munk has over 25 years of experience in the life science and pharmaceutical industry. He currently serves as the Deputy Director of the Biodesign Institute at Arizona State University, but spent the last two decades as the CEO of Ash Stevens Inc, a full service Active Pharmaceutical Ingredient (API) development and manufacturing organization. Under his leadership, Ash Stevens received twelve FDA approvals to manufacture innovator drug substances and received six NIH research contacts. He received his B.S. degree in chemistry at ASU, and then earned his Ph.D. in organic synthesis at The University of California at Berkeley. He is experienced in drug discovery, development, and manufacturing both as a scientist and as a manager.

Jeffrey Zimmerman
Secretary and General Counsel

Jeffrey Zimmerman (Jeff) practiced law for 44 years with emphasis in business and entrepreneurship. He received his undergraduate degree in 1974 from Fort Hays Kansas State University and his Juris Doctor degree from the University of Kansas in 1977. Jeff has served as general counsel to several corporations. He also served as president of several corporations he had a role in founding. He has assisted in the merger or acquisition of several businesses. He currently serves on the board of directors of three for-profit corporations and serves on several not-for-profit charitable and arts boards. Jeff is a graduate of the Kauffman Foundation Center for Entrepreneurial Studies Fast Track Entrepreneurial Training Program. In his practice he has handled numerous multi million dollar business sales and acquisitions and is well versed in all area business finance.

Jeffrey D. Zimmerman
Secretary and General Counsel

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 3 of 4 annual reports (FY2022–FY2025)

275 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-ARMay 6, 20260001957114-26-000001
    EDGAR
  • Form C-ARJul 19, 20240001665160-24-001088
    EDGAR
  • Form C-UJul 10, 20230001665160-23-001496
    EDGAR
  • Form C-ARApr 27, 20230001665160-23-000924
    EDGAR
  • Form C/AApr 24, 20230001665160-23-000746
    EDGAR
  • Form C/AMar 15, 20230001665160-23-000414
    EDGAR
  • Form C/ADec 28, 20220001665160-22-003127
    EDGAR
  • Form CDec 16, 20220001665160-22-003084
    EDGAR
Source: ManualCIK 0001957114NVShare price $0.64

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.