Companies · Pharmaceuticals

Collegium Pharmaceutical, Inc

STOUGHTON · Pharmaceuticals

Diligence memoA one-page analyst read on Collegium Pharmaceutical, Inc — recommendation, valuation, rhythm, risks.
$97.5M
Total raised · real
5
Rounds
0.4×
Latest step-up
Top 10%
Sector rank · raised
Series C
Latest stage · inferred · Thu Nov 08 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Collegium Pharmaceutical, 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 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 0.30× the median modeled value of Series C Pharmaceuticals companies in 2016–2018 (32 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.6 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

Collegium Pharmaceutical, Inc is one of 1613 Pharmaceuticals companies tracked from STOUGHTON. By capital raised it ranks among the largest (ahead of 91% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2018-11-08
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$2.0BPre-Seed · 2010-03-01 Raised $1.0M (real) Modeled valuation $47M (est)$1.0M$47MPre-Seed2010Series B · 2012-02-10 Raised $22M (real) Modeled valuation $764M (est)$22M$764MSeries B2012Series B · 2013-08-27 Raised $4.0M (real) Modeled valuation $136M (est)$4.0M$136MSeries B2013Series C · 2015-03-06 Raised $50M (real) Modeled valuation $1.8B (est)$50M$1.8BSeries C2015Series C · 2018-11-08 Raised $20M (real) Modeled valuation $702M (est)$20M$702MSeries C2018+$22M+$4.0M+$50M+$20MCumulative $97M

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 · 2010
Series B$22.5M · 2012no Seed / Series A on file
Series B extension$4.0M · 2013
Series C$50.0M · 2015
Series C extension$20.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$701.8M
Base estimate est.
$65.0M
Conservative case
$1.8B
Upside case
$133.3M
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 pharma sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $47.3M · 2010-03-012010Series B · modeled $763.8M · 2012-02-10Series B · modeled $136.0M · 2013-08-27Series C · modeled $1.8B · 2015-03-06Series C · modeled $701.8M · 2018-11-082018
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
6.0 yr
Elapsed time used
7.7 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$11.2M/yr
Capital velocity
16.3 yr
On record since
2010
First round
5
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) 12× above median
This company$97.5M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$20.0M
Sector median$46.4M
Modeled value — vs sector median (estimate, all stages) 9.2× above median
This company$701.8M
Sector median$76.1M

Raised more than 91% of sector peers (real $). Modeled value above 85% 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 company ranks #31 of 32.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Amplyx Pharmaceuticals, Inc. · Series C Raised $116.6M · modeled $3.2B (est)Ligand Pharmaceuticals Inc · Series C Raised $85.4M · modeled $3.0B (est)Homology Medicines, Inc. · Series C Raised $127.1M · modeled $2.9B (est)KSQ Therapeutics, Inc. · Series C Raised $80.6M · modeled $2.8B (est)TP Therapeutics, Inc. · Series C Raised $126.4M · modeled $2.8B (est)Milestone Pharmaceuticals Inc. · Series C Raised $91.3M · modeled $2.8B (est)Aprecia Pharmaceuticals Co · Series C Raised $175.4M · modeled $2.8B (est)Tribute Pharmaceuticals Canada Inc. · Series C Raised $92.1M · modeled $2.6B (est)Aralez Pharmaceuticals Inc. · Series C Raised $75.0M · modeled $2.6B (est)Daisy Pharma Opioid Venture, LLC · Series C Raised $75.0M · modeled $2.6B (est)Forty Seven, Inc. · Series C Raised $109.1M · modeled $2.6B (est)MEI Pharma, Inc. · Series C Raised $76.1M · modeled $2.6B (est)Collegium Pharmaceutical, Inc (this company) Raised $97.5M · modeled $701.8M (est)Collegium Pharmaceutical, Inc
CompanyStageRaised · realValue · estvs peer med.
Amplyx Pharmaceuticals, Inc.Series C$116.6M$3.2B1.38×
Ligand Pharmaceuticals IncSeries C$85.4M$3.0B1.29×
Homology Medicines, Inc.Series C$127.1M$2.9B1.26×
KSQ Therapeutics, Inc.Series C$80.6M$2.8B1.22×
TP Therapeutics, Inc.Series C$126.4M$2.8B1.21×
Milestone Pharmaceuticals Inc.Series C$91.3M$2.8B1.21×
Aprecia Pharmaceuticals CoSeries C$175.4M$2.8B1.19×
Tribute Pharmaceuticals Canada Inc.Series C$92.1M$2.6B1.13×
Aralez Pharmaceuticals Inc.Series C$75.0M$2.6B1.13×
Daisy Pharma Opioid Venture, LLCSeries C$75.0M$2.6B1.13×
Forty Seven, Inc.Series C$109.1M$2.6B1.13×
MEI Pharma, Inc.Series C$76.1M$2.6B1.13×
Collegium Pharmaceutical, Inc this companySeries C$97.5M$701.8M0.30×
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$1.0M2010-03-01$5.6M$47.3M85%
Series B$22.5M2012-02-10$124.8M$763.8M85%
Series B$4.0M2013-08-27$22.2M$136.0M85%
Series C$50.0M2015-03-06$333.3M$1.8B85%
Series C$20.0M2018-11-08$133.3M$701.8M90%
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. Pre-Seed$1.0M2010-03-01
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Series B$22.5M2012-02-10
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 22.5× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Series B$4.0M2013-08-27
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 5.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 13 investors on this round.
  4. Series C$50.0M2015-03-06
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 12.5× larger than the prior — scaling up.
    • 18 investors on this round.
  5. Series C$20.0M2018-11-08
    • Raised again after 44 mo — slower than the ~13 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~26mo cadence
$20.0M
Modeled next size est.range $20.0M$32.0M
0.4×
Last step-up
$11.2M/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
David Hirsch15 other2012-02
Patrick Heron10 other2012-02
John Freund6 other2015-03
Stephen Hoffman6 other2012-02
Gino Santini4 other2015-03
Michael Heffernan4 other2010-03
Eran Nadav3 other2015-03
Paul Brannelly3 other2015-03
Gino W. Santini2 other2013-08
Patrick N. Heron2 other2010-03
Steven N. Tannenbaum2 other2010-03
Garen Bohlin1 other2015-03
Patrick Fortune1 other2012-02
Stephen W. Hoffman1 other2013-08
Theodore A Schroeder1 other2018-11
Alison B. Fleming2018-11
David W. Hirsch2013-08
Gwen A Melincoff2018-11
John A Fallon2018-11
Joseph Ciaffoni2018-11
Matthew N. Strobeck2010-03
Patrick N. Fortune2010-03
Robert W. Jevon2013-08
Scott B. Dreyer2018-11
Registry & provenance

Collegium Pharmaceutical, 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
1267565
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
Tricida, Inc.PharmaceuticalsSeries C$103.1M$2.0Bnetwork1 shared operator · same sector · same stage
Allena Pharmaceuticals, Inc.PharmaceuticalsSeries C$80.5M$75.1Mnetwork1 shared operator · same sector · same stage
CARISMA Therapeutics Inc.BiotechnologySeries C$95.0M$1.3Bnetwork2 shared operators · same stage
Precision Dermatology, Inc.Other Health CareSeries C$103.4M$1.3Bnetwork2 shared operators · same stage
Mirum Pharmaceuticals, Inc.PharmaceuticalsSeries C$138.5M$348.3Mnetwork1 shared operator · same sector · same stage
Verastem, Inc.PharmaceuticalsSeries C$163.2M$3.5Bnetwork1 shared operator · same sector · same stage
Talphera, Inc.PharmaceuticalsSeries B$97.4M$74.2Mnetwork1 shared operator · same sector
Aveo Pharmaceuticals IncPharmaceuticalsSeries C$98.2M$263.2Msame 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
Collidion Inc.PharmaceuticalsSeries A$8.5M80%
Chorda Pharma, Inc.PharmaceuticalsPre-Seed$703K78%
PharmID, Inc.PharmaceuticalsSeries A$154.9M78%
Solaxa Inc.PharmaceuticalsPre-Seed$1.3M77%
Pharmazz, Inc.PharmaceuticalsSeries A$34.5M77%
PLx Pharma Inc.PharmaceuticalsSeries B$526.5M77%
Mirum Pharmaceuticals, Inc.PharmaceuticalsSeries C$348.3M77%
PharmaCielo Ltd.PharmaceuticalsSeries A$195.6M77%
Frequently asked
How much funding has Collegium Pharmaceutical, Inc raised?
Collegium Pharmaceutical, Inc has raised approximately $97.5M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Collegium Pharmaceutical, Inc's estimated valuation?
Provath's modeled valuation for Collegium Pharmaceutical, Inc is approximately $701.8M (modeled range $65.0M–$1.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Collegium Pharmaceutical, Inc at?
Collegium Pharmaceutical, Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Nov 08.
What does Collegium Pharmaceutical, Inc do and where is it based?
Collegium Pharmaceutical, Inc operates in the Pharmaceuticals sector, based in STOUGHTON.
Explore related

See where Collegium Pharmaceutical, 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 Collegium Pharmaceutical, 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.