Companies · Biotechnology

Armune BioScience Inc

Kalamazoo · Biotechnology

Diligence memoA one-page analyst read on Armune BioScience Inc — recommendation, valuation, rhythm, risks.
$11.9M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 42%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jan 13 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Armune BioScience 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 0.09× the median modeled value of Series A Biotechnology companies in 2016–2018 (157 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.5 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

Armune BioScience Inc is one of 4291 Biotechnology companies tracked from Kalamazoo. By capital raised it ranks mid-pack (ahead of 59% of sector peers), and in the long tail by modeled valuation est..

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

biotech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2
Investors (latest)
2017-01-13
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$125M$250M$375M$500MPre-Seed · 2009-08-07 Raised $400K (real) Modeled valuation $22M (est)Pre-Seed2009Seed · 2009-08-07 Raised $1.4M (real) Modeled valuation $62M (est)Seed2009Seed · 2009-08-07 Raised $1.1M (real) Modeled valuation $51M (est)Seed2009Seed · 2010-12-14 Raised $250K (real) Modeled valuation $11M (est)Seed2010Series A · 2015-01-08 Raised $9.1M (real) Modeled valuation $329M (est)Series A2015Series A · 2015-01-08 Raised $9.7M (real) Modeled valuation $351M (est)Series A2015Seed · 2015-01-08 Raised $3.5M (real) Modeled valuation $157M (est)Seed2015Series A · 2017-01-13 Raised $500K (real) Modeled valuation $18M (est)Series A2017+$1.4M+$1.1M+$250K+$9.1M+$9.7M+$3.5M+$500KCumulative $26M

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
Pre-Seed$400K · 2009
Seed$1.4M · 2009
Seed extension$1.1M · 2009
Seed extension$250K · 2010
Series A$9.1M · 2015
Series A extension$9.7M · 2015
Bridge · Series A-stage$3.5M · 2015smaller follow-on
Series A extension$500K · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$18.1M
Base estimate est.
$545K
Conservative case
$98.3M
Upside case
$2.3M
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 biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $22.1M · 2009-08-072009Seed · modeled $62.2M · 2009-08-07Seed · modeled $50.8M · 2009-08-07Seed · modeled $11.1M · 2010-12-14Series A · modeled $328.6M · 2015-01-08Series A · modeled $350.8M · 2015-01-08Seed · modeled $157.1M · 2015-01-08Series A · modeled $18.1M · 2017-01-132017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
9.5 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$1.6M/yr
Capital velocity
16.9 yr
On record since
2009
First round
8
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) 1.6× above median
This company$11.9M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$500K
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$18.1M
Sector median$64.2M

Raised more than 59% of sector peers (real $). Modeled value above 27% 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 #150 of 157.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Cynvec LLC · Series A Raised $17.4M · modeled $542.3M (est)Anthera Pharmaceuticals Inc · Series A Raised $15.0M · modeled $542.3M (est)Bio-Dent, LTD. LLC · Series A Raised $15.0M · modeled $542.3M (est)Biothera Holding Corp. · Series A Raised $16.2M · modeled $529.3M (est)Limelight Bio, Inc. · Series A Raised $14.0M · modeled $506.2M (est)Overture Life, Inc. · Series A Raised $13.6M · modeled $491.7M (est)TAI Diagnostics, Inc. · Series A Raised $21.1M · modeled $463.8M (est)Occulo Holdings LLC · Series A Raised $12.8M · modeled $462.7M (est)Agilis Biotherapeutics, Inc. · Series A Raised $25.7M · modeled $458.0M (est)CAMBRIDGE EPIGENETIX Ltd · Series A Raised $12.3M · modeled $444.4M (est)Genten Therapeutics, Inc. · Series A Raised $12.0M · modeled $433.8M (est)LTC BioSciences, Inc · Series A Raised $12.0M · modeled $433.8M (est)Armune BioScience Inc (this company) Raised $11.9M · modeled $18.1M (est)Armune BioScience Inc
CompanyStageRaised · realValue · estvs peer med.
Cynvec LLCSeries A$17.4M$542.3M2.57×
Anthera Pharmaceuticals IncSeries A$15.0M$542.3M2.57×
Bio-Dent, LTD. LLCSeries A$15.0M$542.3M2.57×
Biothera Holding Corp.Series A$16.2M$529.3M2.51×
Limelight Bio, Inc.Series A$14.0M$506.2M2.40×
Overture Life, Inc.Series A$13.6M$491.7M2.33×
TAI Diagnostics, Inc.Series A$21.1M$463.8M2.20×
Occulo Holdings LLCSeries A$12.8M$462.7M2.19×
Agilis Biotherapeutics, Inc.Series A$25.7M$458.0M2.17×
CAMBRIDGE EPIGENETIX LtdSeries A$12.3M$444.4M2.11×
Genten Therapeutics, Inc.Series A$12.0M$433.8M2.06×
LTC BioSciences, IncSeries A$12.0M$433.8M2.06×
Armune BioScience Inc this companySeries A$11.9M$18.1M0.09×
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.
Pre-Seed$400K2009-08-07$2.2M$22.1M85%
Seed$1.4M2009-08-07$7.0M$62.2M85%
Seed$1.1M2009-08-07$5.7M$50.8M85%
Seed$250K2010-12-14$1.3M$11.1M85%
Series A$9.1M2015-01-08$41.3M$328.6M85%
Series A$9.7M2015-01-08$44.1M$350.8M85%
Seed$3.5M2015-01-08$17.7M$157.1M85%
Series A$500K2017-01-13$2.3M$18.1M90%
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. Pre-Seed$400K2009-08-07
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Seed$1.4M2009-08-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.5× larger than the prior — scaling up.
    • 17 investors on this round.
  3. Seed$1.1M2009-08-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  4. Seed$250K2010-12-14
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$9.1M2015-01-08
    • Raised again after 49 mo — slower than the ~14 mo sector norm.
    • Round 36.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 46 investors on this round.
  6. Series A$9.7M2015-01-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 47 investors on this round.
  7. Seed$3.5M2015-01-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.7× smaller than the prior — bridge or down round.
    • 30 investors on this round.
  8. Series A$500K2017-01-13
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 7.1× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~13mo cadence
$500K
Modeled next size est.range $500K$800K
0.1×
Last step-up
$1.6M/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
Donald R. Parfet4 other2009-08
Eli L. Thomssen2 other2009-08
David A Esposito2015-01
Dennis P. Kane2009-08
Gilbert L. Omenn2009-08
Gilbert Omenn2009-08
James L. Sollins2009-08
James R Sollins2015-01
James Sollins2009-08
Susan R Crookston2015-01
Registry & provenance

Armune BioScience 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
1440372
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
Axenic Dental IncBiotechnologySeed$5.8M$153.0Mnetwork2 shared operators · same sector
Insamo Inc.BiotechnologySeries A$11.8M$15.6Msame sector · same stage
Lytica Therapeutics, Inc.BiotechnologySeries A$11.8M$22.9Msame sector · same stage
Xeno Biosciences Inc.BiotechnologySeries A$12.1M$16.4Msame sector · same stage
Cytovia Holdings, Inc.BiotechnologySeries A$11.5M$12.7Msame sector · same stage
Zero Point Five Therapeutics, Inc.BiotechnologySeries A$11.5M$15.7Msame sector · same stage
Infinity Bio, Inc.BiotechnologySeries A$11.5M$16.6Msame sector · same stage
bioAffinity Technologies, Inc.BiotechnologySeries A$12.4M$18.1Msame 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
ARMR Sciences Inc.BiotechnologySeries B$129.9M87%
Armonica Technologies, Inc.BiotechnologySeries A$11.3M85%
ArmaGen, Inc.BiotechnologySeries A$361.5M84%
Boundless Bio, Inc.BiotechnologySeries D+$1.7B84%
Allied BioScience, Inc.BiotechnologySeries A$74.0M83%
Syncromune, Inc.BiotechnologySeries C$385.3M83%
RenBio, Inc.BiotechnologySeries A$25.7M83%
Snap Bio, Inc.BiotechnologySeed$73.6M83%
Frequently asked
How much funding has Armune BioScience Inc raised?
Armune BioScience Inc has raised approximately $11.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Armune BioScience Inc's estimated valuation?
Provath's modeled valuation for Armune BioScience Inc is approximately $18.1M (modeled range $545K–$98.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Armune BioScience Inc at?
Armune BioScience Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jan 13.
What does Armune BioScience Inc do and where is it based?
Armune BioScience Inc operates in the Biotechnology sector, based in Kalamazoo.
Explore related

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