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Sarcomatrix Therapeutics Corporation

Healthcare · Reno, NV · Founded 2022

Pre-revenue and pre-commercialization stages of development

Post-money valuation ⓘ
$14.3M
As of Jul 2024 · from Reg CF Offering (2024-05-01) · pre-money + amount raised, not a traded price
Total raised
$49,770
Crowd $49K · Private $600 · 3 rounds since 2022
Latest share price
$2.50
Reg CF · Common Stock · May 2024 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$0
−$2.1M
2022
$0
−$103K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022
FY2023 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$2,078,929
-$103,375
Taxes paid
$0
$0
Balance sheet
Cash
$0
$36,803
Accounts receivable
$0
$0
Total assets
$0
$36,803
Short-term debt
$0
$18,894
Long-term debt
$0
$113,330
Total liabilities
$0
$132,224
Other
Headcount
—
5

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

Pre-money — the valuation set before each round’s money came in
$14.3M
pre-money
Reg CF · Common · May 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$2.50$0.0158$0.0001
May 2022May 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Reg CF · Common Stock · Oct 2024Withdrawnvia Highlander (formerly PicMii)
Raised $0 / $1.2M
Raised $49.2K / $1.2MInvestors 20Post-money $14.3M

Team

5 people
David CraigFounder
President, CEO and Chairman of the Board

With over 30 years experience developing products in the life sciences industry, David has worked in building biotechnology companies and supporting their initial fundraising efforts, growth and commercialization. He has previously held senior positions at Amgen, AstraZeneca, Gilead and Alexion. He will be providing Form C sign-off as the Company's Principal Accounting Officer.

David Alan Maine
Chief of Staff

I'm an economist who is valued as a decision-support partner with company founders, co-founders, and academic professors. By providing distinct analysis, data sourcing, market research, financial modeling, business acumen and critical decision-making, I am able to refine business models and value propositions into efficient operational practices to accelerate commercialization. Driven by opportunity to improve global health, I have partnered with several firms to bridge early stage development processes into real world applications.

Ryan David Wuebbles
Chief Scientific Officer

Dr. Ryan Wuebbles received his PhD in 2009 from the University of Illinois. He been involved in researching muscular dystrophy causes and therapeutics for over 20 years, including 15 years working with Dr. Burkin developing the Laminin and small molecule programs.

Dean Josef Burkin
Board Member

Dean Burkin is a Professor of Pharmacology and Interim Chair of Physiology and Cell Biology at the University of Nevada, Reno. The primary goal of my research program is to understand the role integrin receptors and the extracellular matrix play in muscle disease and develop novel therapeutics.

Michael J.M. Hitchcock
Board Member

"Michael J. M. Hitchcock, Ph.D. (Mick) is currently Adjunct Professor of Microbiology at University of Nevada, Reno (UNR) Medical School and a member of the Advisory Boards for the UNR Colleges of Science and Business. He is also a Trustee Emeritus of the UNR Foundation Board, and was Chair in 2020. In addition he serves on the Board of Directors for 3 small companies (Biomea Fusion, Renogenyx and ClickBio) and a pro-science information organization (American Council for Science & Health). His career in pharmaceutical research & development spanned 40 years, initially with Bristol-Myers Squibb for 12 years. He joined Gilead Sciences, Inc. in 1993 and helped it grow from only 100 employees and no products or revenues to >20,000 employees and >$20B annual revenue. Over 27 years, he was Vice President for project and portfolio management, alliance management, strategic planning, medical affairs, specific areas of research, and then Senior Advisor. During his career, he was involved in the development and commercialization of a number of anti-infective agents, primarily drugs for treatment of viral diseases. This included the first single pill containing 3 drugs (ATRIPLA) that can be taken once daily to simplify treatment of HIV; and that led to additional single tablet regimens that are the standard of care today. Dr. Hitchcock received his Ph.D. in microbiology from the University of Melbourne, Australia and B.Sc. and M.Sc. degrees in biochemistry from the University of Manchester Institute of Science and Technology, England. He did post-doctoral research at Georgetown University and NIH prior to joining industry.

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

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

20 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-UAug 13, 20250002035625-25-000002
    EDGAR
  • Form C-WAug 13, 20250002035625-25-000004
    EDGAR
  • Form COct 28, 20240002017651-24-000001
    EDGAR
  • Form C-UAug 13, 20240001665160-24-001175
    EDGAR
  • Form CApr 30, 20240001665160-24-000677
    EDGAR
Source: ManualCIK 0002017651DEShare price $2.50

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.