Companies · Pharmaceuticals

Alimera Sciences Inc

Alpharetta · Pharmaceuticals

Diligence memoA one-page analyst read on Alimera Sciences Inc — recommendation, valuation, rhythm, risks.
$173.8M
Total raised · real
6
Rounds
0.1×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Fri Mar 24 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Alimera Sciences 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 1.91× the median modeled value of Series C Pharmaceuticals companies in 2022–2024 (30 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

Alimera Sciences Inc is one of 1610 Pharmaceuticals companies tracked from Alpharetta. By capital raised it ranks among the largest (ahead of 96% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
$25M–$100M
Issuer revenue
Rule 506(b)
Reg D exemption
4
Investors (latest)
2023-03-24
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$500M$1.0B$1.5B$2.0BSeries A · 2009-08-25 Raised $5.0M (real) Modeled valuation $155M (est)Series A2009Series A · 2011-05-16 Raised $332K (real) Modeled valuation $10M (est)Series A2011Series B · 2012-10-02 Raised $40M (real) Modeled valuation $1.4B (est)Series B2012Series B · 2014-01-31 Raised $38M (real) Modeled valuation $1.3B (est)Series B2014Series B · 2021-04-14 Raised $10M (real) Modeled valuation $249M (est)Series B2021Series C · 2023-03-24 Raised $81M (real) Modeled valuation $1.1B (est)Series C2023Series A · 2023-03-24 Raised $12M (real) Modeled valuation $109M (est)Series A2023+$332K+$40M+$38M+$10M+$81M+$12MCumulative $186M

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 · 2009
Series A extension$332K · 2011
Series B$40.0M · 2012
Series B extension$37.5M · 2014
Series B extension$10.0M · 2021
Series C$81.0M · 2023
Bridge · Series C-stage$12.0M · 2023smaller follow-on

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: 60%.

Modeled valuation trajectory
$1.1B
Base estimate est.
$263.1M
Conservative case
$2.0B
Upside case
$540.0M
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 pharma sector profile. Directional, not a quoted figure.

Series A · modeled $154.9M · 2009-08-252009Series A · modeled $10.3M · 2011-05-16Series B · modeled $1.4B · 2012-10-02Series B · modeled $1.3B · 2014-01-31Series B · modeled $249.1M · 2021-04-14Series C · modeled $1.1B · 2023-03-24Series A · modeled $109.3M · 2023-03-242023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
27 mo
Avg between rounds
$12.8M/yr
Capital velocity
16.9 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 1610 companies in Pharmaceuticals. 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) 21× above median
This company$173.8M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.3× of median
This company$12.0M
Sector median$46.7M
Modeled value — vs sector median (estimate, all stages) 14× above median
This company$1.1B
Sector median$76.1M

Raised more than 96% of sector peers (real $). Modeled value above 90% 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 #3 of 30.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Vigil Neuroscience, Inc. · Series C Raised $215.0M · modeled $1.3B (est)Leap Therapeutics, Inc. · Series C Raised $105.1M · modeled $1.1B (est)VYNE Therapeutics Inc. · Series C Raised $139.5M · modeled $971.1M (est)Lusaris Therapeutics, Inc. · Series C Raised $60.2M · modeled $954.8M (est)Context Therapeutics Inc. · Series C Raised $100.0M · modeled $922.2M (est)Enliven Therapeutics, Inc. · Series C Raised $140.1M · modeled $867.1M (est)Tenax Therapeutics, Inc. · Series C Raised $138.4M · modeled $840.7M (est)Faraday Pharmaceuticals, Inc. · Series C Raised $115.5M · modeled $829.7M (est)OnKure, Inc. · Series C Raised $123.2M · modeled $731.8M (est)Mind Medicine (MindMed) Inc. · Series C Raised $83.2M · modeled $729.5M (est)MBX Biosciences, Inc. · Series C Raised $74.8M · modeled $723.4M (est)Alimera Sciences Inc (this company) Raised $173.8M · modeled $1.1B (est)Alimera Sciences Inc
CompanyStageRaised · realValue · estvs peer med.
Vigil Neuroscience, Inc.Series C$215.0M$1.3B2.19×
Leap Therapeutics, Inc.Series C$105.1M$1.1B1.94×
Alimera Sciences Inc this companySeries C$173.8M$1.1B1.91×
VYNE Therapeutics Inc.Series C$139.5M$971.1M1.69×
Lusaris Therapeutics, Inc.Series C$60.2M$954.8M1.66×
Context Therapeutics Inc.Series C$100.0M$922.2M1.60×
Enliven Therapeutics, Inc.Series C$140.1M$867.1M1.51×
Tenax Therapeutics, Inc.Series C$138.4M$840.7M1.46×
Faraday Pharmaceuticals, Inc.Series C$115.5M$829.7M1.44×
OnKure, Inc.Series C$123.2M$731.8M1.27×
Mind Medicine (MindMed) Inc.Series C$83.2M$729.5M1.27×
MBX Biosciences, Inc.Series C$74.8M$723.4M1.26×
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$5.0M2009-08-25$22.7M$154.9M85%
Series A$332K2011-05-16$1.5M$10.3M85%
Series B$40.0M2012-10-02$222.2M$1.4B85%
Series B$37.5M2014-01-31$208.3M$1.3B85%
Series B$10.0M2021-04-14$55.6M$249.1M90%
Series C$81.0M2023-03-24$540.0M$1.1B90%
Series A$12.0M2023-03-24$54.5M$109.3M90%
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$5.0M2009-08-25
    • First recorded raise — entered as Series A.
    • 25 investors on this round.
  2. Series A$332K2011-05-16
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 15.0× smaller than the prior — bridge or down round.
  3. Series B$40.0M2012-10-02
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 120.3× larger than the prior — scaling up.
  4. Series B$37.5M2014-01-31
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 21 investors on this round.
  5. Series B$10.0M2021-04-14
    • Raised again after 86 mo — slower than the ~13 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series C$81.0M2023-03-24
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 8.1× larger than the prior — scaling up.
    • 16 investors on this round.
  7. Series A$12.0M2023-03-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.8× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~27mo cadence
$12.0M
Modeled next size est.range $12.0M$19.2M
0.1×
Last step-up
$12.8M/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
Brian Halak9 other2009-08
Brian K. Halak4 other2021-04
Mark Brooks4 other2009-08
Anders Hove3 other2009-08
Mary T. Szela3 other2021-04
Peter J. Pizzo III2 other2023-03
Bryce Youngren1 other2009-08
Calvin W. Roberts1 other2012-10
C. Daniel Myers1 other2012-10
Peter J. Pizzo1 other2011-05
Adam S. Morgan2023-03
Brian S. Halak2011-05
Bryce J. Youngren2011-05
Calvin J. Roberts2011-05
Calvin Roberts2009-08
Charles Daniel Myers2009-08
Daniel R. Myers2023-03
Daniel S. Myers2023-03
David Holland2009-08
David Philip Holland2021-04
David S. Holland2023-03
Erin R. Parsons2023-03
Erin S. Parsons2023-03
Garheng K. Kong2021-04
Registry & provenance

Alimera Sciences 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
1267602
SEC CIK
Similar companies

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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
Alitair Pharmaceuticals, Inc.PharmaceuticalsSeries A$3.6M87%
Aligos Therapeutics, Inc.BiotechnologySeries D+$940.0M84%
Aliada Therapeutics, Inc.BiotechnologySeries B$438.3M82%
Anebulo Pharmaceuticals, Inc.PharmaceuticalsSeries A$62.3M82%
Alida Biosciences Inc.BiotechnologySeries A$40.7M82%
Aya Biosciences, Inc.PharmaceuticalsSeries A$129.1M82%
Chimerix IncPharmaceuticalsSeries C$1.2B81%
Shuttle Pharmaceuticals Holdings, Inc.PharmaceuticalsSeries A$7.0M81%
Frequently asked
How much funding has Alimera Sciences Inc raised?
Alimera Sciences Inc has raised approximately $173.8M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Alimera Sciences Inc's estimated valuation?
Provath's modeled valuation for Alimera Sciences Inc is approximately $1.1B (modeled range $263.1M–$2.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Alimera Sciences Inc at?
Alimera Sciences Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Mar 24.
What does Alimera Sciences Inc do and where is it based?
Alimera Sciences Inc operates in the Pharmaceuticals sector, based in Alpharetta.
Explore related

See where Alimera Sciences 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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