Companies · Biotechnology

AcuFocus, Inc.

IRVINE · Biotechnology

Diligence memoA one-page analyst read on AcuFocus, Inc. — recommendation, valuation, rhythm, risks.
$167.7M
Total raised · real
8
Rounds
0.3×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Wed Aug 08 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

AcuFocus, Inc. looks under-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.

Under-valued
  • Modeled value is 0.48× the median modeled value of Series C Biotechnology companies in 2016–2018 (41 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.9 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

AcuFocus, Inc. is one of 4291 Biotechnology companies tracked from IRVINE. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
15
Investors (latest)
2018-08-08
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 C · 2011-11-07 Raised $42M (real) Modeled valuation $1.7B (est)Series C2011Series C · 2014-08-29 Raised $15M (real) Modeled valuation $624M (est)Series C2014Series C · 2015-11-10 Raised $2.0M (real) Modeled valuation $82M (est)Series C2015Series C · 2016-03-17 Raised $5.8M (real) Modeled valuation $238M (est)Series C2016Series A · 2016-03-17 Raised $4.1M (real) Modeled valuation $146M (est)Series A2016Series C · 2016-06-24 Raised $1.9M (real) Modeled valuation $76M (est)Series C2016Series C · 2016-08-10 Raised $2.0M (real) Modeled valuation $82M (est)Series C2016Series C · 2016-09-23 Raised $75M (real) Modeled valuation $3.1B (est)Series C2016Series C · 2018-08-08 Raised $24M (real) Modeled valuation $982M (est)Series C2018+$15M+$2.0M+$5.8M+$4.1M+$1.9M+$2.0M+$75M+$24MCumulative $172M

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 C$41.9M · 2011
Series C extension$15.2M · 2014
Series C extension$2.0M · 2015
Series C extension$5.8M · 2016
Bridge · Series C-stage$4.1M · 2016smaller follow-on
Series C extension$1.9M · 2016
Series C extension$2.0M · 2016
Series C extension$74.9M · 2016
Series C extension$24.0M · 2018

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
$981.9M
Base estimate est.
$74.2M
Conservative case
$2.6B
Upside case
$159.8M
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 C · modeled $1.7B · 2011-11-072011Series C · modeled $624.2M · 2014-08-29Series C · modeled $81.9M · 2015-11-10Series C · modeled $237.6M · 2016-03-17Series A · modeled $146.4M · 2016-03-17Series C · modeled $76.4M · 2016-06-24Series C · modeled $81.9M · 2016-08-10Series C · modeled $3.1B · 2016-09-23Series C · modeled $981.9M · 2018-08-082018
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
7.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$24.8M/yr
Capital velocity
14.7 yr
On record since
2011
First round
9
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) 23× above median
This company$167.7M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.5× of median
This company$24.0M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 15× above median
This company$981.9M
Sector median$64.2M

Raised more than 96% of sector peers (real $). Modeled value above 89% 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 #36 of 41.

This companyCohort peer
$100.0M$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)4D Molecular Therapeutics Inc · Series C Raised $108.6M · 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)AcuFocus, Inc. (this company) Raised $167.7M · modeled $981.9M (est)AcuFocus, 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 IncSeries 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×
AcuFocus, Inc. this companySeries C$167.7M$981.9M0.48×
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 C$41.9M2011-11-07$279.1M$1.7B85%
Series C$15.2M2014-08-29$101.6M$624.2M85%
Series C$2.0M2015-11-10$13.3M$81.9M85%
Series C$5.8M2016-03-17$38.7M$237.6M85%
Series A$4.1M2016-03-17$18.4M$146.4M85%
Series C$1.9M2016-06-24$12.4M$76.4M85%
Series C$2.0M2016-08-10$13.3M$81.9M85%
Series C$74.9M2016-09-23$499.5M$3.1B90%
Series C$24.0M2018-08-08$159.8M$981.9M90%
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 C$41.9M2011-11-07
    • First recorded raise — entered as Series C.
    • 23 investors on this round.
  2. Series C$15.2M2014-08-29
    • Raised again after 34 mo — slower than the ~14 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 20 investors on this round.
  3. Series C$2.0M2015-11-10
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 7.6× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  4. Series C$5.8M2016-03-17
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 17 investors on this round.
  5. Series A$4.1M2016-03-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  6. Series C$1.9M2016-06-24
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  7. Series C$2.0M2016-08-10
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  8. Series C$74.9M2016-09-23
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 37.5× larger than the prior — scaling up.
    • 19 investors on this round.
  9. Series C$24.0M2018-08-08
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 15 investors on this round.
Intelligence
2019 ~Q2
Modeled next raise · ~10mo cadence
$24.0M
Modeled next size est.range $24.0M$38.4M
0.3×
Last step-up
$24.8M/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
William J. Link9 other2016-08
Buzz Benson7 other2016-08
Charles Larsen6 other2016-08
James Garvey5 other2016-08
Robert E. Grant4 other2011-11
Ali J. Satvat3 other2018-08
Charles M. Warden2 other2011-11
Conrad Wang2 other2016-09
GREG MADDEN2 other2018-08
Ryan M. Schwarz2 other2011-11
Charles V. Larsen1 other2014-08
James M. Garvey1 other2011-11
James V. Mazzo1 other2014-08
Alan Waterhouse2016-08
Arjun J. Arora2016-09
Buzz V. Benson2014-08
Edward W. Peterson2011-11
Gloria Sefton2018-08
James V. Garvey2014-08
Jason Tester2016-08
Jason V. Tester2014-08
Jason W. Tester2011-11
Jim W. Socks, OD2011-11
Richard L. Lindstrom, M.D.2011-11
Registry & provenance

AcuFocus, 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
1165260
SEC CIK
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
CardioFocus, Inc.BiotechnologySeries B$153.2M$351.9Mnetwork2 shared operators · same sector
Cellutions IncBiotechnologyPre-Seed$1.0M$55.2Mnetwork2 shared operators · same sector
Novan, Inc.BiotechnologySeries C$163.9M$1.3Bsame sector · same stage
Perspective Therapeutics, Inc.BiotechnologySeries C$163.6M$881.9Msame sector · same stage
Cardiodx IncBiotechnologySeries C$174.0M$742.4Msame sector · same stage
NantBio, Inc.BiotechnologySeries C$180.1M$855.9Msame sector · same stage
Aravive, Inc.BiotechnologySeries C$156.1M$702.2Msame sector · same stage
Merus N.V.BiotechnologySeries C$150.8M$614.4Msame 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
Accufix Holdings, Inc.BiotechnologySeed$46.7M89%
Acworth Pharmaceuticals, Inc.BiotechnologySeed$9.9M88%
Acurx Pharmaceuticals, LLCBiotechnologySeries A$13.1M85%
Acrigen Biosciences, Inc.BiotechnologyPre-Seed$42.8M85%
Abintus Bio, Inc.BiotechnologySeries A$177.2M85%
AcuityBio CorpBiotechnologySeed$7.8M84%
Accuitis Inc.BiotechnologySeed$44.4M83%
Genocea Biosciences, Inc.BiotechnologySeries C$3.0B83%
Frequently asked
How much funding has AcuFocus, Inc. raised?
AcuFocus, Inc. has raised approximately $167.7M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is AcuFocus, Inc.'s estimated valuation?
Provath's modeled valuation for AcuFocus, Inc. is approximately $981.9M (modeled range $74.2M–$2.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is AcuFocus, Inc. at?
AcuFocus, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Aug 08.
What does AcuFocus, Inc. do and where is it based?
AcuFocus, Inc. operates in the Biotechnology sector, based in IRVINE.
Explore related

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