Companies · Biotech / Pharma

BlueSphere Bio, Inc.

PITTSBURGH · Biotech / Pharma · refined from filed group “Other

Diligence memoA one-page analyst read on BlueSphere Bio, Inc. — recommendation, valuation, rhythm, risks.
$55.6M
Total raised · real
2
Rounds
4.6×
Latest step-up
Top 11%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 18 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

BlueSphere Bio, Inc. has raised $56M over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech/pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 15 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 Biotech / Pharma

BlueSphere Bio, Inc. is one of 227 Biotech / Pharma companies tracked from PITTSBURGH. By capital raised it ranks among the largest (ahead of 90% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017
Year incorporated
2020-12-18
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 · 2018-09-14 Raised $10M (real) Modeled valuation $335M (est)$10M$335MSeries A2018Series C · 2020-12-18 Raised $46M (real) Modeled valuation $1.5B (est)$46M$1.5BSeries C2020+$46MCumulative $56M

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$10.0M · 2018
Series C$45.6M · 2020no Series B on file

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
$1.5B
Base estimate est.
$144.7M
Conservative case
$3.6B
Upside case
$304.2M
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/pharma sector profile. Directional, not a quoted figure.

Series A · modeled $335.0M · 2018-09-142018Series C · modeled $1.5B · 2020-12-182020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
48% low · 74% high
1.44×/yr
Annual markup
1.65×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
biotech/pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
27 mo
Avg between rounds
$24.6M/yr
Capital velocity
7.8 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 227 companies in Biotech / 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) 9.9× above median
This company$55.6M
Sector median$5.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.9× of median
This company$45.6M
Sector median$48.1M
Modeled value — vs sector median (estimate, all stages) 48× above median
This company$1.5B
Sector median$30.5M

Raised more than 90% of sector peers (real $). Modeled value above 96% 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 companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Life Biosciences LLC · Series C Raised $123.4M · modeled $2.8B (est)Imago BioSciences, Inc. · Series C Raised $137.5M · modeled $2.7B (est)BlueSphere Bio, Inc. (this company) Raised $55.6M · modeled $1.5B (est)BlueSphere Bio, Inc.
CompanyStageRaised · realValue · estvs peer med.
Life Biosciences LLCSeries C$123.4M$2.8B1.07×
Imago BioSciences, Inc.Series C$137.5M$2.7B1.00×
BlueSphere Bio, Inc. this companySeries C$55.6M$1.5B0.55×
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$10.0M2018-09-14$45.5M$335.0M90%
Series C$45.6M2020-12-18$304.2M$1.5B90%
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$10.0M2018-09-14
    • First recorded raise — entered as Series A.
    • 1 investor on this round.
  2. Series C$45.6M2020-12-18
    • Raised again after 27 mo — slower than the ~15 mo sector norm.
    • Round 4.6× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~27mo cadence
$136.9M
Modeled next size est.range $89.0M$219.1M
4.6×
Last step-up
$24.6M/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
Jeanne Cunicelli6 other2018-09
David Apelian1 other2020-12
Robert Lin1 other2020-12
Tal Heppenstall1 other2018-09
Alan Korman2020-12
Mark Shlomchik2018-09
Warren Shlomchik2018-09
Registry & provenance

BlueSphere Bio, 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
1754734
SEC CIK
2017
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
NOLA PharmaHoldings, LLCBiotech / PharmaSeries C$48.1M$448.1Msame sector · same stage
Belenos Biosciences, Inc.Biotech / PharmaSeries C$48.0M$421.4Msame sector · same stage
Sudo Biosciences, Inc.Biotech / PharmaSeries C$73.1M$685.8Msame sector · same stage
TwinStrand Biosciences, Inc.Biotech / PharmaSeries C$85.0M$132.4Msame sector · same stage
Calypso Medical Technologies IncOther Health CareSeries C$69.5M$171.5Mnetwork1 shared operator · same stage
Sherlock Biosciences, Inc.Biotech / PharmaSeries C$112.8M$1.7Bsame sector · same stage
Elephas Biosciences CorpBiotech / PharmaSeries C$113.7M$560.6Msame sector · same stage
Generian Pharmaceuticals, Inc.Biotech / PharmaSeries A$13.0M$435.2Mnetwork1 shared operator · same sector
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
Asset Blue Pharmacy Services, Inc.Biotech / PharmaSeries B$104.7M84%
NJ BIO, Inc.Biotech / PharmaSeries A$55.0M83%
Bluestone Biomedical Group LLCOtherSeries A$151.3M82%
BlueSphere Ventures Inc.OtherPre-Seed$867K81%
Continuum Biosciences, Inc.Biotech / PharmaPre-Seed$25.6M81%
Outer Biosciences, LLCBiotech / PharmaSeed$66.1M81%
Life Biosciences LLCBiotech / PharmaSeries C$2.8B81%
Ruby Bio, Inc.Biotech / PharmaSeries A$27.7M81%
Frequently asked
How much funding has BlueSphere Bio, Inc. raised?
BlueSphere Bio, Inc. has raised approximately $55.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is BlueSphere Bio, Inc.'s estimated valuation?
Provath's modeled valuation for BlueSphere Bio, Inc. is approximately $1.5B (modeled range $144.7M–$3.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BlueSphere Bio, Inc. at?
BlueSphere Bio, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 18.
What does BlueSphere Bio, Inc. do and where is it based?
BlueSphere Bio, Inc. operates in the Biotech / Pharma sector, based in PITTSBURGH.
Explore related

See where BlueSphere Bio, 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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