Private Market View

Kardigan

Drug Discovery · South San Francisco, CA · Founded 2023 · Privately Held (backing)

PA Mark · $/share
$21
Sep 2026
Implied valuation
$646.0M
Total raised
$554.0M
Last round
Early Stage VC (Series B)
Oct 2025
What is Kardigan worth?
$646.0Mlast known valuation

Kardigan last raised $254.0M in its Early Stage VC (Series B) (Oct 2025).

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Funding history

1 rounds
DateRoundRaisedPost-money
Oct 2025Early Stage VC (Series B)$254.0M

How Kardigan's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Kardigan, we compose those signals into the PA Mark — a weighted composite of 1 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Kardigan worth?
Kardigan's implied valuation is $646.0M, based on the PA Mark composite price of about $21 per share as of Sep 2026.
How much has Kardigan raised?
Kardigan has raised $554.0M in total funding across 1 recorded rounds.
When did Kardigan last raise?
Kardigan last raised in Oct 2025 (Early Stage VC (Series B)), raising $254.0M.