Companies · Pharma

ADvantage Therapeutics, Inc.

Miami · Pharma · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on ADvantage Therapeutics, Inc. — recommendation, valuation, rhythm, risks.
$19.0M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 26%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jun 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

ADvantage Therapeutics, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the pharma 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 1.63× the median modeled value of Series A Pharma companies in 2022–2024 (24 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 16 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Pharma

ADvantage Therapeutics, Inc. is one of 310 Pharma companies tracked from Miami. By capital raised it ranks in the upper tier (ahead of 75% of sector peers), and mid-pack 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
17
Investors (latest)
2021
Year incorporated
2023-06-28
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$50M$100M$150M$200MSeries A · 2021-06-10 Raised $5.0M (real) Modeled valuation $102M (est)$5.0M$102MSeries A2021Series A · 2022-05-31 Raised $275K (real) Modeled valuation $3.6M (est)$275K$3.6MSeries A2022Series A · 2023-06-28 Raised $14M (real) Modeled valuation $111M (est)$14M$111MSeries A2023Series A · 2023-06-28 Raised $10M (real) Modeled valuation $83M (est)$10M$83MSeries A2023+$275K+$14M+$10MCumulative $29M

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$5.0M · 2021
Series A extension$275K · 2022
Series A extension$13.7M · 2023
Series A extension$10.2M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$111.4M
Base estimate est.
$15.7M
Conservative case
$304.1M
Upside case
$62.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series A · modeled $101.6M · 2021-06-102021Series A · modeled $3.6M · 2022-05-31Series A · modeled $111.4M · 2023-06-28Series A · modeled $82.9M · 2023-06-282023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.57×/yr
Annual markup
1.97×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$9.3M/yr
Capital velocity
5.1 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 310 companies in Pharma. 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) 3.0× above median
This company$19.0M
Sector median$6.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.5× above median
This company$10.2M
Sector median$6.7M
Modeled value — vs sector median (estimate, all stages) 1.8× above median
This company$111.4M
Sector median$62.5M

Raised more than 75% of sector peers (real $). Modeled value above 67% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 24.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Carmine Therapeutics, Inc. · Series A Raised $13.7M · modeled $162.1M (est)Triomics, Inc. · Series A Raised $13.8M · modeled $142.2M (est)Spiral Therapeutics Inc · Series A Raised $19.4M · modeled $120.6M (est)Convelo Therapeutics, Inc. · Series A Raised $12.8M · modeled $113.3M (est)Galaxy Therapeutics Inc. · Series A Raised $13.0M · modeled $92.0M (est)FireCyte Therapeutics, Inc. · Series A Raised $5.5M · modeled $85.5M (est)Cello Therapeutics, Inc. · Series A Raised $8.7M · modeled $85.1M (est)Grinta, Inc. · Series A Raised $9.5M · modeled $84.8M (est)Float Health Inc. · Series A Raised $10.0M · modeled $80.8M (est)Fuse Oncology, Inc. · Series A Raised $11.8M · modeled $79.5M (est)Spry Therapeutics Inc. · Series A Raised $15.0M · modeled $68.9M (est)ADvantage Therapeutics, Inc. (this company) Raised $19.0M · modeled $111.4M (est)ADvantage Therapeutics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Carmine Therapeutics, Inc.Series A$13.7M$162.1M2.37×
Triomics, Inc.Series A$13.8M$142.2M2.08×
Spiral Therapeutics IncSeries A$19.4M$120.6M1.76×
Convelo Therapeutics, Inc.Series A$12.8M$113.3M1.66×
ADvantage Therapeutics, Inc. this companySeries A$19.0M$111.4M1.63×
Galaxy Therapeutics Inc.Series A$13.0M$92.0M1.35×
FireCyte Therapeutics, Inc.Series A$5.5M$85.5M1.25×
Cello Therapeutics, Inc.Series A$8.7M$85.1M1.25×
Grinta, Inc.Series A$9.5M$84.8M1.24×
Float Health Inc.Series A$10.0M$80.8M1.18×
Fuse Oncology, Inc.Series A$11.8M$79.5M1.16×
Spry Therapeutics Inc.Series A$15.0M$68.9M1.01×
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$5.0M2021-06-10$22.7M$101.6M90%
Series A$275K2022-05-31$1.3M$3.6M90%
Series A$13.7M2023-06-28$62.4M$111.4M90%
Series A$10.2M2023-06-28$46.5M$82.9M90%
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 A$5.0M2021-06-10
    • First recorded raise — entered as Series A.
    • 1 investor on this round.
  2. Series A$275K2022-05-31
    • Raised 12 mo later, in step with the ~16 mo sector norm.
    • Round 18.2× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Series A$13.7M2023-06-28
    • Raised 13 mo later, in step with the ~16 mo sector norm.
    • Round 50.0× larger than the prior — scaling up.
    • 24 investors on this round.
  4. Series A$10.2M2023-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 17 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~8mo cadence
$10.2M
Modeled next size est.range $10.2M$16.4M
0.7×
Last step-up
$9.3M/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
Jeffrey B. Madden1 other2021-06
Walter B. Schmidt1 other2021-06
Agustin Fernandez Santana III2021-06
David B. Buchsbaum2022-05
Frank B. Mattner2021-06
James B. O'Neill2023-06
Registry & provenance

ADvantage 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
1869338
SEC CIK
2021
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
Rgenta Therapeutics, Inc.PharmaSeries A$18.9M$150.2Msame sector · same stage
Radiance Therapeutics, Inc.PharmaSeries A$18.7M$228.3Msame sector · same stage
Spiral Therapeutics IncPharmaSeries A$19.4M$120.6Msame sector · same stage
Medicus Pharma Ltd.PharmaSeries A$15.9M$61.0Msame sector · same stage
PanTher Therapeutics, Inc.PharmaSeries A$15.8M$11.4Msame sector · same stage
Strategic Pharmaceutical Solutions, IncPharmaSeries A$23.3M$46.2Msame sector · same stage
Endogena Therapeutics, Inc.PharmaSeries A$15.3M$124.6Msame sector · same stage
Oncology Health Partners, LlcPharmaSeries A$15.0M$62.6Msame 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
Plus Therapeutics, Inc.PharmaceuticalsSeries A$9.3M82%
Averna Therapeutics Inc.PharmaSeries C$805.8M82%
Prevail Therapeutics Inc.PharmaSeries C$2.0B82%
Kwivik Therapeutics, Inc.PharmaSeries B$519.1M81%
Solace Therapeutics IncPharmaSeries A$202.2M81%
Apie Therapeutics, Inc.PharmaPre-Seed$4.2M81%
Therapeutic Solutions International, Inc.Biotech / PharmaPre-Seed$5.1M81%
Constance Therapeutics, Inc.PharmaSeries A$131.6M81%
Frequently asked
How much funding has ADvantage Therapeutics, Inc. raised?
ADvantage Therapeutics, Inc. has raised approximately $19.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is ADvantage Therapeutics, Inc.'s estimated valuation?
Provath's modeled valuation for ADvantage Therapeutics, Inc. is approximately $111.4M (modeled range $15.7M–$304.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ADvantage Therapeutics, Inc. at?
ADvantage Therapeutics, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jun 28.
What does ADvantage Therapeutics, Inc. do and where is it based?
ADvantage Therapeutics, Inc. operates in the Pharma sector, based in Miami.
Explore related

See where ADvantage Therapeutics, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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