Companies · Biotechnology

4D Molecular Therapeutics Inc

EMERYVILLE · Biotechnology

Diligence memoA one-page analyst read on 4D Molecular Therapeutics Inc — recommendation, valuation, rhythm, risks.
$108.6M
Total raised · real
3
Rounds
7.8×
Latest step-up
Top 10%
Sector rank · raised
Series C
Latest stage · inferred · Mon Aug 27 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

4D Molecular Therapeutics Inc looks over-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.

Over-valued
  • Modeled value is 1.80× the median modeled value of Series C Biotechnology companies in 2016–2018 (41 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.8 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

4D Molecular Therapeutics Inc is one of 4291 Biotechnology companies tracked from EMERYVILLE. By capital raised it ranks among the largest (ahead of 91% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
31
Investors (latest)
2015
Year incorporated
2018-08-27
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$1.3B$2.5B$3.8B$5.0BSeries A · 2015-08-11 Raised $7.0M (real) Modeled valuation $253M (est)$7.0M$253MSeries A2015Series A · 2015-10-06 Raised $12M (real) Modeled valuation $419M (est)$12M$419MSeries A2015Series C · 2018-08-27 Raised $90M (real) Modeled valuation $3.7B (est)$90M$3.7BSeries C2018+$12M+$90MCumulative $109M

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$7.0M · 2015
Series A extension$11.6M · 2015
Series C$90.0M · 2018no Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$3.7B
Base estimate est.
$278.4M
Conservative case
$9.7B
Upside case
$600.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $253.1M · 2015-08-112015Series A · modeled $419.1M · 2015-10-06Series C · modeled $3.7B · 2018-08-272018
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
6.0 yr
Elapsed time used
7.8 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$35.7M/yr
Capital velocity
10.9 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 4291 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) 15× above median
This company$108.6M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.9× above median
This company$90.0M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 57× above median
This company$3.7B
Sector median$64.2M

Raised more than 91% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 41.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Genesis Biopharma, Inc · Series C Raised $131.5M · modeled $4.1B (est)Alder Biopharmaceuticals Inc · Series C Raised $100.0M · modeled $4.1B (est)Ideaya Biosciences, Inc. · Series C Raised $111.4M · modeled $3.9B (est)Stoke Therapeutics, Inc. · Series C Raised $90.8M · modeled $3.7B (est)Sutro Biopharma Inc · Series C Raised $85.4M · modeled $3.5B (est)Evelo Biosciences, Inc. · Series C Raised $131.5M · modeled $3.3B (est)Celularity Inc. · Series C Raised $117.7M · modeled $3.2B (est)Codiak BioSciences, Inc. · Series C Raised $107.5M · modeled $3.1B (est)Arcturus Therapeutics Ltd. · Series C Raised $67.8M · modeled $2.8B (est)Celldex Therapeutics, Inc. · Series C Raised $64.5M · modeled $2.6B (est)Micell Technologies Inc · Series C Raised $62.1M · modeled $2.5B (est)4D Molecular Therapeutics Inc (this company) Raised $108.6M · modeled $3.7B (est)4D Molecular Therapeutics Inc
CompanyStageRaised · realValue · estvs peer med.
Genesis Biopharma, IncSeries C$131.5M$4.1B2.00×
Alder Biopharmaceuticals IncSeries C$100.0M$4.1B2.00×
Ideaya Biosciences, Inc.Series C$111.4M$3.9B1.88×
Stoke Therapeutics, Inc.Series C$90.8M$3.7B1.80×
4D Molecular Therapeutics Inc this companySeries C$108.6M$3.7B1.80×
Sutro Biopharma IncSeries C$85.4M$3.5B1.71×
Evelo Biosciences, Inc.Series C$131.5M$3.3B1.63×
Celularity Inc.Series C$117.7M$3.2B1.55×
Codiak BioSciences, Inc.Series C$107.5M$3.1B1.53×
Arcturus Therapeutics Ltd.Series C$67.8M$2.8B1.36×
Celldex Therapeutics, Inc.Series C$64.5M$2.6B1.25×
Micell Technologies IncSeries C$62.1M$2.5B1.24×
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$7.0M2015-08-11$31.8M$253.1M85%
Series A$11.6M2015-10-06$52.7M$419.1M85%
Series C$90.0M2018-08-27$600.0M$3.7B90%
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$7.0M2015-08-11
    • First recorded raise — entered as Series A.
    • 1 investor on this round.
  2. Series A$11.6M2015-10-06
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Series C$90.0M2018-08-27
    • Raised again after 35 mo — slower than the ~14 mo sector norm.
    • Round 7.8× larger than the prior — scaling up.
    • 31 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~18mo cadence
$270.0M
Modeled next size est.range $175.5M$432.0M
7.8×
Last step-up
$35.7M/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
Sharon Tetlow3 other2015-10
Tony Yao2 other2018-08
David Kirn1 other2015-08
Margi McLoughlin1 other2015-10
Charles Theuer, Ph.D.2018-08
David Kirn, M.D.2018-08
David Schaffer2015-08
David Schaffer, Ph.D.,2018-08
Hoyoung Huh, M.D., Ph.D.2018-08
Leisa Johnson, Ph.D.2018-08
Margi McLaughlin2018-08
Peter Francis, M.D.2018-08
Theresa Janke2015-08
Registry & provenance

4D Molecular Therapeutics 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
1650648
SEC CIK
2015
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
Precision Biosciences IncBiotechnologySeries C$153.3M$1.6Bnetwork1 shared operator · same sector · same stage
Ultragenyx Pharmaceutical Inc.BiotechnologySeries C$108.8M$3.1Bsame sector · same stage
IRX Therapeutics, Inc.BiotechnologySeries C$109.1M$1.4Bsame sector · same stage
Codiak BioSciences, Inc.BiotechnologySeries C$107.5M$3.1Bsame sector · same stage
Audentes Therapeutics, Inc.BiotechnologySeries C$107.5M$2.7Bsame sector · same stage
M3 Biotechnology, Inc.BiotechnologySeries C$107.3M$3.6Bsame sector · same stage
InforMed Data Systems Inc.BiotechnologySeries C$106.9M$1.3Bsame sector · same stage
Fluidigm CorpBiotechnologySeries C$111.0M$3.1Bsame 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
4e Therapeutics, Inc.BiotechnologySeed$40.3M92%
4DMedical LtdBiotechnologySeries A$50.6M86%
Camp4 Therapeutics CorpBiotechnologySeries D+$2.2B84%
Hubble Therapeutics, LLCBiotechnologySeries A$45.1M83%
X4 Pharmaceuticals, IncBiotechnologySeries C$494.8M83%
Dyne Therapeutics, Inc.BiotechnologySeries D+$4.6B82%
Dev4 LLCBiotechnologySeed$4.0M82%
Plasmology4, Inc.BiotechnologySeries A$9.0M82%
Frequently asked
How much funding has 4D Molecular Therapeutics Inc raised?
4D Molecular Therapeutics Inc has raised approximately $108.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is 4D Molecular Therapeutics Inc's estimated valuation?
Provath's modeled valuation for 4D Molecular Therapeutics Inc is approximately $3.7B (modeled range $278.4M–$9.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 4D Molecular Therapeutics Inc at?
4D Molecular Therapeutics Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Aug 27.
What does 4D Molecular Therapeutics Inc do and where is it based?
4D Molecular Therapeutics Inc operates in the Biotechnology sector, based in EMERYVILLE.
Explore related

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