Companies · Other Health Care

Cagenix Inc

MEMPHIS · Other Health Care

Diligence memoA one-page analyst read on Cagenix Inc — recommendation, valuation, rhythm, risks.
$4.1M
Total raised · real
3
Rounds
3.1×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Thu Jun 23 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Cagenix Inc looks fair 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 health care sector profile.

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

Fair
  • Modeled value is 1.44× the median modeled value of Seed Other Health Care companies in 2010–2012 (243 peers) — value vs value, same stage and era.
  • Within the normal band (144% of peer median) for its niche.
Dormant
  • Last raise 15.0 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 Other Health Care

Cagenix Inc is one of 5377 Other Health Care companies tracked from MEMPHIS. By capital raised it ranks mid-pack (ahead of 61% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
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$25M$50M$75M$100MPre-Seed · 2009-04-03 Raised $1.0M (real) Modeled valuation $31M (est)$1.0M$31MPre-Seed2009Pre-Seed · 2009-04-03 Raised $755K (real) Modeled valuation $23M (est)$755K$23MPre-Seed2009Seed · 2011-06-23 Raised $2.3M (real) Modeled valuation $58M (est)$2.3M$58MSeed2011+$755K+$2.3MCumulative $4.1M

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$1.0M · 2009
Pre-Seed extension$755K · 2009
Seed$2.3M · 2011

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

Modeled valuation trajectory
$57.7M
Base estimate est.
$2.0M
Conservative case
$452.9M
Upside case
$11.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $30.8M · 2009-04-032009Pre-Seed · modeled $23.3M · 2009-04-03Seed · modeled $57.7M · 2011-06-232011
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.54×/yr
Annual markup
2.01×/yr upside case
6.0 yr
Elapsed time used
15.0 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$1.8M/yr
Capital velocity
17.2 yr
On record since
2009
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 1.7× above median
This company$4.1M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.3M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.6× above median
This company$57.7M
Sector median$22.1M

Raised more than 61% of sector peers (real $). Modeled value above 69% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #78 of 243.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Coolsystems Inc · Seed Raised $8.3M · modeled $99.1M (est)Device Innovation Group, LLC · Seed Raised $4.0M · modeled $99.1M (est)Envoy Partners Llc · Seed Raised $4.0M · modeled $99.1M (est)Kare Partners LLC · Seed Raised $4.0M · modeled $99.1M (est)CuMed LLC · Seed Raised $4.0M · modeled $99.1M (est)CMC II Investors, LLC · Seed Raised $4.0M · modeled $99.1M (est)U.S. Nursing Corp · Seed Raised $8.0M · modeled $99.1M (est)Accendo Therapeutics, Inc. · Seed Raised $4.0M · modeled $98.9M (est)Luminous Medical Inc · Seed Raised $4.4M · modeled $97.6M (est)Charger Holding Corp. · Seed Raised $3.9M · modeled $97.2M (est)Northstar Medical Technologies, LLC · Seed Raised $3.9M · modeled $96.4M (est)Vitalize Consulting Solutions Inc · Seed Raised $3.9M · modeled $96.2M (est)Cagenix Inc (this company) Raised $4.1M · modeled $57.7M (est)Cagenix Inc
CompanyStageRaised · realValue · estvs peer med.
Coolsystems IncSeed$8.3M$99.1M2.47×
Device Innovation Group, LLCSeed$4.0M$99.1M2.47×
Envoy Partners LlcSeed$4.0M$99.1M2.47×
Kare Partners LLCSeed$4.0M$99.1M2.47×
CuMed LLCSeed$4.0M$99.1M2.47×
CMC II Investors, LLCSeed$4.0M$99.1M2.47×
U.S. Nursing CorpSeed$8.0M$99.1M2.47×
Accendo Therapeutics, Inc.Seed$4.0M$98.9M2.47×
Luminous Medical IncSeed$4.4M$97.6M2.44×
Charger Holding Corp.Seed$3.9M$97.2M2.43×
Northstar Medical Technologies, LLCSeed$3.9M$96.4M2.41×
Vitalize Consulting Solutions IncSeed$3.9M$96.2M2.40×
Cagenix Inc this companySeed$4.1M$57.7M1.44×
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$1.0M2009-04-03$5.6M$30.8M90%
Pre-Seed$755K2009-04-03$4.2M$23.3M90%
Seed$2.3M2011-06-23$11.6M$57.7M90%
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$1.0M2009-04-03
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$755K2009-04-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
  3. Seed$2.3M2011-06-23
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
Intelligence
2012 ~Q3
Modeled next raise · ~13mo cadence
$7.0M
Modeled next size est.range $4.5M$11.2M
3.1×
Last step-up
$1.8M/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
Ken Woody3 other2009-04
Larry W Papasan1 other2009-04
Andrew J. Schulter2009-04
Carl W. Schulter2009-04
Daryl G. Newman2009-04
Daryl Newman2011-06
Ken W. Woody2009-04
Registry & provenance

Cagenix 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
1264615
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
ExtraOrtho, Inc.Other Health CareSeed$3.6M$89.7Mnetwork1 shared operator · same sector · same stage
Ivera Medical CorpOther Health CareSeed$4.1M$69.4Msame sector · same stage
FreMon Scientific, Inc.Other Health CareSeed$4.1M$52.2Msame sector · same stage
Precision Image Analysis, Inc.Other Health CareSeed$4.0M$60.6Msame sector · same stage
NovoSource, Inc.Other Health CareSeed$4.1M$45.6Msame sector · same stage
Elmntri LLCOther Health CareSeed$4.0M$46.1Msame sector · same stage
High Speed Ventures UniDen, LLCOther Health CareSeed$4.0M$57.0Msame sector · same stage
ClinMunications, LLCOther Health CareSeed$4.2M$59.3Msame sector · same stage
Frequently asked
How much funding has Cagenix Inc raised?
Cagenix Inc has raised approximately $4.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Cagenix Inc's estimated valuation?
Provath's modeled valuation for Cagenix Inc is approximately $57.7M (modeled range $2.0M–$452.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cagenix Inc at?
Cagenix Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Jun 23.
What does Cagenix Inc do and where is it based?
Cagenix Inc operates in the Other Health Care sector, based in MEMPHIS.
Explore related

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

Is this your company?

If you work at Cagenix Inc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.