Companies · Pharmaceuticals

BioPharmX Corp

Menlo Park · Pharmaceuticals

Diligence memoA one-page analyst read on BioPharmX Corp — recommendation, valuation, rhythm, risks.
$11.2M
Total raised · real
5
Rounds
6.9×
Latest step-up
Top 45%
Sector rank · raised
Series A
Latest stage · inferred · Sun Sep 25 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

BioPharmX Corp 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 pharma 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 0.16× the median modeled value of Series A Pharmaceuticals companies in 2016–2018 (88 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.8 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

BioPharmX Corp is one of 1613 Pharmaceuticals companies tracked from Menlo Park. By capital raised it ranks mid-pack (ahead of 56% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2014
Year incorporated
2016-09-25
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$500MSeed · 2012-08-19 Raised $1.8M (real) Modeled valuation $67M (est)$1.8M$67MSeed2012Seed · 2014-01-03 Raised $508K (real) Modeled valuation $19M (est)$508K$19MSeed2014Seed · 2014-04-11 Raised $1.5M (real) Modeled valuation $57M (est)$1.5M$57MSeed2014Series A · 2014-04-11 Raised $7.9M (real) Modeled valuation $244M (est)$7.9M$244MSeries A2014Series A · 2014-09-03 Raised $134K (real) Modeled valuation $4.2M (est)$134K$4.2MSeries A2014Series A · 2016-09-25 Raised $930K (real) Modeled valuation $29M (est)$930K$29MSeries A2016+$508K+$1.5M+$7.9M+$134K+$930KCumulative $13M

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
Seed$1.8M · 2012
Seed extension$508K · 2014
Seed extension$1.5M · 2014
Series A$7.9M · 2014
Series A extension$134K · 2014
Series A extension$930K · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$28.8M
Base estimate est.
$1.1M
Conservative case
$156.6M
Upside case
$4.2M
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.

Seed · modeled $66.6M · 2012-08-192012Seed · modeled $19.3M · 2014-01-03Seed · modeled $57.1M · 2014-04-11Series A · modeled $243.7M · 2014-04-11Series A · modeled $4.2M · 2014-09-03Series A · modeled $28.8M · 2016-09-252016
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
6.0 yr
Elapsed time used
9.8 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$2.7M/yr
Capital velocity
13.9 yr
On record since
2012
First round
6
Rounds on file
How it compares to the market

Benchmarked against 1613 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) 1.4× above median
This company$11.2M
Sector median$8.1M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$930K
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$28.8M
Sector median$76.1M

Raised more than 56% of sector peers (real $). Modeled value above 33% 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 #77 of 88.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Arbutus Biopharma Corp · Series A Raised $15.0M · modeled $464.6M (est)Rvc 360, Llc · Series A Raised $15.0M · modeled $464.6M (est)Sterrx, Llc · Series A Raised $18.0M · modeled $464.6M (est)Ribometrix, Inc. · Series A Raised $18.5M · modeled $464.6M (est)Neuraltus Pharmaceuticals, Inc. · Series A Raised $40.6M · modeled $462.7M (est)SiteOne Therapeutics, Inc. · Series A Raised $16.1M · modeled $460.3M (est)Right Value Drug Stores, Inc. · Series A Raised $13.3M · modeled $411.9M (est)USWM Enterprises, LLC · Series A Raised $12.2M · modeled $376.7M (est)Satsuma Pharmaceuticals, Inc. · Series A Raised $12.1M · modeled $375.8M (est)Chase Pharmaceuticals Corp · Series A Raised $26.5M · modeled $370.9M (est)Vitruvias Therapeutics, Inc. · Series A Raised $12.4M · modeled $356.2M (est)Vyome Therapeutics Inc. · Series A Raised $14.5M · modeled $351.1M (est)BioPharmX Corp (this company) Raised $11.2M · modeled $28.8M (est)BioPharmX Corp
CompanyStageRaised · realValue · estvs peer med.
Arbutus Biopharma CorpSeries A$15.0M$464.6M2.61×
Rvc 360, LlcSeries A$15.0M$464.6M2.61×
Sterrx, LlcSeries A$18.0M$464.6M2.61×
Ribometrix, Inc.Series A$18.5M$464.6M2.61×
Neuraltus Pharmaceuticals, Inc.Series A$40.6M$462.7M2.60×
SiteOne Therapeutics, Inc.Series A$16.1M$460.3M2.59×
Right Value Drug Stores, Inc.Series A$13.3M$411.9M2.31×
USWM Enterprises, LLCSeries A$12.2M$376.7M2.12×
Satsuma Pharmaceuticals, Inc.Series A$12.1M$375.8M2.11×
Chase Pharmaceuticals CorpSeries A$26.5M$370.9M2.08×
Vitruvias Therapeutics, Inc.Series A$12.4M$356.2M2.00×
Vyome Therapeutics Inc.Series A$14.5M$351.1M1.97×
BioPharmX Corp this companySeries A$11.2M$28.8M0.16×
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.
Seed$1.8M2012-08-19$8.8M$66.6M85%
Seed$508K2014-01-03$2.5M$19.3M85%
Seed$1.5M2014-04-11$7.5M$57.1M85%
Series A$7.9M2014-04-11$35.8M$243.7M85%
Series A$134K2014-09-03$611K$4.2M85%
Series A$930K2016-09-25$4.2M$28.8M90%
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. Seed$1.8M2012-08-19
    • First recorded raise — entered as Seed.
    • 25 investors on this round.
  2. Seed$508K2014-01-03
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Seed$1.5M2014-04-11
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Series A$7.9M2014-04-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 5.2× larger than the prior — scaling up.
    • 51 investors on this round.
  5. Series A$134K2014-09-03
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 58.6× smaller than the prior — bridge or down round.
    • Switched to Rule 505 (was Rule 506(b)).
    • 16 investors on this round.
  6. Series A$930K2016-09-25
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 6.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 505).
    • 5 investors on this round.
Intelligence
2017 ~Q3
Modeled next raise · ~10mo cadence
$2.8M
Modeled next size est.range $1.8M$4.5M
6.9×
Last step-up
$2.7M/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
ANJA KRAMMER1 other2012-08
JAMES PEKARSKY1 other2012-08
KIN CHAN1 other2012-08
Ping Wang1 other2012-08
Greg Kitchener2016-09
Michael Hubbard2012-08
Stephen Morlock2016-09
Registry & provenance

BioPharmX Corp 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
1504167
SEC CIK
2014
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
BiopharmX, Inc.PharmaceuticalsPre-Seed$500K$23.7Mnetwork2 shared operators · same sector
Silo Pharma, Inc.PharmaceuticalsSeries A$11.2M$11.6Msame sector · same stage
Eumentis Therapeutics, Inc.PharmaceuticalsSeries A$11.3M$36.8Msame sector · same stage
Zylo Therapeutics Inc.PharmaceuticalsSeries A$10.9M$30.1Msame sector · same stage
D&D Pharmatech Inc.PharmaceuticalsSeries A$10.8M$36.0Msame sector · same stage
Taxis Pharmaceuticals Inc.PharmaceuticalsSeries A$10.6M$35.3Msame sector · same stage
Response Pharmaceuticals, Inc.PharmaceuticalsSeries A$11.9M$20.5Msame sector · same stage
Kearney Regional Medical Center LlcPharmaceuticalsSeries A$12.0M$25.2Msame 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
BioLineRx Ltd.PharmaceuticalsSeries A$136.1M86%
BiomX Inc.PharmaceuticalsSeries C$16.9M85%
MBX Biosciences, Inc.PharmaceuticalsSeries C$724.1M85%
RxBio Holdings, Inc.PharmaceuticalsSeries D+$12.0M85%
BioMarck Pharmaceuticals LtdPharmaceuticalsSeries A$23.3M85%
LSK BioPartners, Inc.PharmaceuticalsSeries B$680.1M84%
EnBiotix, Inc.PharmaceuticalsSeed$131.8M84%
Solid Biosciences Inc.PharmaceuticalsSeries C$139.4M84%
Frequently asked
How much funding has BioPharmX Corp raised?
BioPharmX Corp has raised approximately $11.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is BioPharmX Corp's estimated valuation?
Provath's modeled valuation for BioPharmX Corp is approximately $28.8M (modeled range $1.1M–$156.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BioPharmX Corp at?
BioPharmX Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Sun Sep 25.
What does BioPharmX Corp do and where is it based?
BioPharmX Corp operates in the Pharmaceuticals sector, based in Menlo Park.
Explore related

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

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