Companies · Biotech / Pharma

Coherus BioSciences, Inc.

REDWOOD CITY · Biotech / Pharma · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Coherus BioSciences, Inc. — recommendation, valuation, rhythm, risks.
$160.7M
Total raised · real
8
Rounds
0.7×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Coherus BioSciences, Inc. has raised $161M over 8 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 8.6 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

Coherus BioSciences, Inc. is one of 227 Biotech / Pharma companies tracked from REDWOOD CITY. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier 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)
2017-12-01
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$1.3B$2.5B$3.8B$5.0BPre-Seed · 2011-01-25 Raised $240K (real) Modeled valuation $12M (est)Pre-Seed2011Pre-Seed · 2011-03-04 Raised $866K (real) Modeled valuation $44M (est)Pre-Seed2011Seed · 2011-07-21 Raised $3.8M (real) Modeled valuation $156M (est)Seed2011Series A · 2011-07-21 Raised $13M (real) Modeled valuation $431M (est)Series A2011Series C · 2012-01-24 Raised $46M (real) Modeled valuation $1.8B (est)Series C2012Series C · 2013-07-15 Raised $28M (real) Modeled valuation $1.1B (est)Series C2013Series C · 2014-05-09 Raised $56M (real) Modeled valuation $2.1B (est)Series C2014Series C · 2015-09-10 Raised $10.0M (real) Modeled valuation $380M (est)Series C2015Series C · 2017-12-01 Raised $6.8M (real) Modeled valuation $258M (est)Series C2017+$866K+$3.8M+$13M+$46M+$28M+$56M+$10.0M+$6.8MCumulative $164M

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$240K · 2011
Pre-Seed extension$866K · 2011
Seed$3.8M · 2011
Series A$12.9M · 2011
Series C$46.3M · 2012no Series B on file
Series C extension$28.0M · 2013
Series C extension$55.6M · 2014
Series C extension$10.0M · 2015
Series C extension$6.8M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$258.3M
Base estimate est.
$21.6M
Conservative case
$680.7M
Upside case
$45.4M
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.

Pre-Seed · modeled $12.3M · 2011-01-252011Pre-Seed · modeled $44.3M · 2011-03-04Seed · modeled $156.2M · 2011-07-21Series A · modeled $430.6M · 2011-07-21Series C · modeled $1.8B · 2012-01-24Series C · modeled $1.1B · 2013-07-15Series C · modeled $2.1B · 2014-05-09Series C · modeled $379.5M · 2015-09-10Series C · modeled $258.3M · 2017-12-012017
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
6.0 yr
Elapsed time used
8.6 yr actual, capped for stale marks
biotech/pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$23.5M/yr
Capital velocity
15.4 yr
On record since
2011
First round
9
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) 29× above median
This company$160.7M
Sector median$5.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$6.8M
Sector median$48.1M
Modeled value — vs sector median (estimate, all stages) 8.5× above median
This company$258.3M
Sector median$30.5M

Raised more than 96% of sector peers (real $). Modeled value above 83% of peers (estimate).

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$240K2011-01-25$1.3M$12.3M85%
Pre-Seed$866K2011-03-04$4.8M$44.3M85%
Seed$3.8M2011-07-21$19.0M$156.2M85%
Series A$12.9M2011-07-21$58.4M$430.6M85%
Series C$46.3M2012-01-24$308.5M$1.8B85%
Series C$28.0M2013-07-15$186.7M$1.1B85%
Series C$55.6M2014-05-09$370.9M$2.1B85%
Series C$10.0M2015-09-10$66.7M$379.5M85%
Series C$6.8M2017-12-01$45.4M$258.3M90%
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. Pre-Seed$240K2011-01-25
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$866K2011-03-04
    • Came back fast: 1 mo vs the ~15 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 11 investors on this round.
  3. Seed$3.8M2011-07-21
    • Came back fast: 5 mo vs the ~15 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 11 investors on this round.
  4. Series A$12.9M2011-07-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.4× larger than the prior — scaling up.
    • 15 investors on this round.
  5. Series C$46.3M2012-01-24
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 23 investors on this round.
  6. Series C$28.0M2013-07-15
    • Raised 18 mo later, in step with the ~15 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  7. Series C$55.6M2014-05-09
    • Raised 10 mo later, in step with the ~15 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 35 investors on this round.
  8. Series C$10.0M2015-09-10
    • Raised 16 mo later, in step with the ~15 mo sector norm.
    • Round 5.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  9. Series C$6.8M2017-12-01
    • Raised again after 27 mo — slower than the ~15 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~10mo cadence
$6.8M
Modeled next size est.range $6.8M$10.9M
0.7×
Last step-up
$23.5M/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
S Edward Torres7 other2013-07
Ali J. Satvat3 other2014-05
Mary T. Szela3 other2015-09
Mats J. Wahlstrom2 other2011-07
Dennis M. Lanfear1 other2011-01
James I. Healy, M.D., Ph.D.1 other2014-05
Stephen C. Glover1 other2011-03
V. Bryan Lawlis1 other2017-12
Alan C. Herman2014-05
August J. Troendle, M.D.2011-03
Barbara K. Finck, M.D.2014-05
Christos Bryan Richards2015-09
Christos G. Richards2014-05
Christos Michael Richards2011-07
Cristos Michael Richards2011-03
Douglas H. Farrar2011-03
George G. Montgomery2014-05
Graham K. Crooke, M.D.2011-01
Jean-Frederic J. Viret, Ph.D.2015-09
J. Michael Lazarus, M.D.2014-05
John Michael Lazarus, M.D.2011-01
Peter K. Watler, Ph.D.2015-09
Stuart E. Builder, Ph.D.2011-01
V. Bryan Lawlis, Ph.D.2015-09
Registry & provenance

Coherus BioSciences, 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
1512762
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.

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Manus Bio Inc.Biotech / PharmaSeries C$118.0M$108.4Msame sector · same stage
Alimera Sciences IncPharmaceuticalsSeries C$173.8M$1.1Bnetwork1 shared operator · same stage
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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
Cohero Health, Inc.HealthtechSeries A$301.3M91%
Cohere Health Inc.HealthtechSeries C$604.6M86%
Oncoheroes Biosciences Inc.Biotech / PharmaSeries A$296.5M85%
Vedanta Biosciences, Inc.Biotech / PharmaSeries D+$2.0B84%
Elephas Biosciences CorpBiotech / PharmaSeries C$560.6M84%
Carbon Biosciences, Inc.Biotech / PharmaSeries B$744.8M84%
Los Angeles Biosciences, Inc.Biotech / PharmaSeries A$16.4M84%
Next Frontier Biosciences, LLCBiotech / PharmaSeed$34.0M83%
Frequently asked
How much funding has Coherus BioSciences, Inc. raised?
Coherus BioSciences, Inc. has raised approximately $160.7M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Coherus BioSciences, Inc.'s estimated valuation?
Provath's modeled valuation for Coherus BioSciences, Inc. is approximately $258.3M (modeled range $21.6M–$680.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Coherus BioSciences, Inc. at?
Coherus BioSciences, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 01.
What does Coherus BioSciences, Inc. do and where is it based?
Coherus BioSciences, Inc. operates in the Biotech / Pharma sector, based in REDWOOD CITY.
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