Companies · Biotechnology

Contamination Source Identification LLC

Hershey · Biotechnology

Diligence memoA one-page analyst read on Contamination Source Identification LLC — recommendation, valuation, rhythm, risks.
$4.7M
Total raised · real
3
Rounds
8.3×
Latest step-up
Top 59%
Sector rank · raised
Seed
Latest stage · inferred · Wed Apr 19 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Contamination Source Identification LLC looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech 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 1.11× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
  • Within the normal band (111% of peer median) for its niche.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Contamination Source Identification LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
7.2 yr record
Peak capital year was 2019 with $5.2M across 3 filings.
Market position
ahead of 42% of Biotechnology peers
Capital scale is ahead of 42% of Biotechnology peers; modeled value is above 25% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $5.2M across 3 filings.
  • Largest single filing was $2.0M on 2019-04-05.
  • Filing rows sum to $9.0M, while canonical raised total is $4.7M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Biotechnology

Contamination Source Identification LLC is one of 4291 Biotechnology companies tracked from Hershey. By capital raised it ranks mid-pack (ahead of 42% 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
13
Investors (latest)
2018
Year incorporated
2023-04-19
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$25M$50M$75M$100MSeed · 2019-04-05 Raised $2.0M (real) Modeled valuation $90M (est)Seed2019Seed · 2019-04-05 Raised $1.2M (real) Modeled valuation $52M (est)Seed2019Seed · 2019-04-05 Raised $2.0M (real) Modeled valuation $90M (est)Seed2019Seed · 2022-08-23 Raised $1.0M (real) Modeled valuation $14M (est)Seed2022Pre-Seed · 2023-04-19 Raised $890K (real) Modeled valuation $8.6M (est)Pre-Seed2023Pre-Seed · 2023-04-19 Raised $200K (real) Modeled valuation $1.9M (est)Pre-Seed2023Seed · 2023-04-19 Raised $1.7M (real) Modeled valuation $16M (est)Seed2023+$1.2M+$2.0M+$1.0M+$890K+$200K+$1.7MCumulative $9.0M

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$2.0M · 2019
Seed extension$1.2M · 2019
Seed extension$2.0M · 2019
Seed extension$1.0M · 2022
Bridge · Seed-stage$890K · 2023smaller follow-on
Bridge · Seed-stage$200K · 2023smaller follow-on
Seed extension$1.7M · 2023

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

Modeled valuation trajectory
$15.7M
Base estimate est.
$1.2M
Conservative case
$57.9M
Upside case
$8.3M
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 biotech sector profile. Directional, not a quoted figure.

Seed · modeled $90.3M · 2019-04-052019Seed · modeled $52.2M · 2019-04-05Seed · modeled $90.3M · 2019-04-05Seed · modeled $13.5M · 2022-08-23Pre-Seed · modeled $8.6M · 2023-04-19Pre-Seed · modeled $1.9M · 2023-04-19Seed · modeled $15.7M · 2023-04-192023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$1.2M/yr
Capital velocity
7.2 yr
On record since
2019
First round
7
Rounds on file
How it compares to the market

Benchmarked against 4291 companies in Biotechnology. 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) 0.7× of median
This company$4.7M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.0× of median
This company$1.7M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$15.7M
Sector median$64.2M

Raised more than 42% of sector peers (real $). Modeled value above 25% 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 #94 of 207.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Mesentech Inc. · Seed Raised $3.9M · modeled $65.6M (est)Marlinspike Therapeutics, Inc. · Seed Raised $3.5M · modeled $64.3M (est)Microbial Machines, Inc. · Seed Raised $3.9M · modeled $63.6M (est)Pearl Diagnostics, Inc. · Seed Raised $3.5M · modeled $62.8M (est)Crossfire Medical Inc · Seed Raised $3.0M · modeled $57.5M (est)Design Pharmaceuticals, Inc. · Seed Raised $3.0M · modeled $56.9M (est)Tekv Holdings LLC · Seed Raised $4.0M · modeled $55.4M (est)Mi-Helper, Inc. · Seed Raised $4.0M · modeled $50.9M (est)Thelium Therapeutics Inc. · Seed Raised $3.1M · modeled $50.7M (est)Turtle Health, Inc. · Seed Raised $2.7M · modeled $49.1M (est)Accufix Holdings, Inc. · Seed Raised $4.2M · modeled $46.7M (est)Kyttaro Ltd · Seed Raised $5.2M · modeled $45.5M (est)Contamination Source Identification LLC (this company) Raised $4.7M · modeled $15.7M (est)Contamination Source Identification LLC
CompanyStageRaised · realValue · estvs peer med.
Mesentech Inc.Seed$3.9M$65.6M4.61×
Marlinspike Therapeutics, Inc.Seed$3.5M$64.3M4.52×
Microbial Machines, Inc.Seed$3.9M$63.6M4.47×
Pearl Diagnostics, Inc.Seed$3.5M$62.8M4.41×
Crossfire Medical IncSeed$3.0M$57.5M4.04×
Design Pharmaceuticals, Inc.Seed$3.0M$56.9M4.00×
Tekv Holdings LLCSeed$4.0M$55.4M3.89×
Mi-Helper, Inc.Seed$4.0M$50.9M3.58×
Thelium Therapeutics Inc.Seed$3.1M$50.7M3.56×
Turtle Health, Inc.Seed$2.7M$49.1M3.45×
Accufix Holdings, Inc.Seed$4.2M$46.7M3.28×
Kyttaro LtdSeed$5.2M$45.5M3.20×
Contamination Source Identification LLC this companySeed$4.7M$15.7M1.11×
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$2.0M2019-04-05$10.2M$90.3M90%
Seed$1.2M2019-04-05$5.9M$52.2M90%
Seed$2.0M2019-04-05$10.2M$90.3M90%
Seed$1.0M2022-08-23$5.0M$13.5M90%
Pre-Seed$890K2023-04-19$4.9M$8.6M90%
Pre-Seed$200K2023-04-19$1.1M$1.9M90%
Seed$1.7M2023-04-19$8.3M$15.7M90%
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. Seed$2.0M2019-04-05
    • First recorded raise — entered as Seed.
    • 18 investors on this round.
  2. Seed$1.2M2019-04-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  3. Seed$2.0M2019-04-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 18 investors on this round.
  4. Seed$1.0M2022-08-23
    • Raised again after 41 mo — slower than the ~14 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
  5. Pre-Seed$890K2023-04-19
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  6. Pre-Seed$200K2023-04-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  7. Seed$1.7M2023-04-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.3× larger than the prior — scaling up.
    • 13 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~8mo cadence
$5.0M
Modeled next size est.range $3.3M$8.0M
8.3×
Last step-up
$1.2M/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
Gary J. Shope2 other2019-04
Gautam J. Patel1 other2023-04
Alexander J. Shope2019-04
Gautem J. Patel2023-04
Justin J. Wright2019-04
Randy J. Haluck2023-04
Regina J. Lamendella2019-04
Shannon K. McCombie2019-04
Thomas J. Santone2023-04
Timothy J. Breya2019-04
Tom J. Santone2023-04
Registry & provenance

Contamination Source Identification LLC 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
1788640
SEC CIK
2018
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
Aionx Antimicrobial Technologies, Inc.BiotechnologySeed$6.3M$1.5Mnetwork2 shared operators · same sector · same stage
SymbioCellTech, LLCBiotechnologySeed$4.8M$12.7Msame sector · same stage
Ampel, LLCBiotechnologySeed$4.8M$16.7Msame sector · same stage
Sinapis Pharma, Inc.BiotechnologySeed$4.6M$15.0Msame sector · same stage
Duke Street Bio LtdBiotechnologySeed$5.1M$16.1Msame sector · same stage
Intensity Therapeutics, Inc.BiotechnologySeed$4.3M$14.2Msame sector · same stage
IMV Inc.BiotechnologySeed$4.3M$14.8Msame sector · same stage
Oncoscope IncBiotechnologySeed$5.2M$20.0Msame 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
Source Molecular CorpBiotechnologySeed$71.8M85%
Cell Source, Inc.BiotechnologySeries A$113.9M85%
Metagenomi Technologies, LLCBiotechnologySeries D+$1.7B84%
Diagnostic Biochips, Inc.BiotechnologySeed$33.9M84%
Valid Inc.BiotechnologySeries A$28.3M82%
Threat Assessment Imaging, Inc.BiotechnologyPre-Seed$8.3M82%
Clear Labs, Inc.BiotechnologySeries C$218.3M82%
BioSymetrics, Inc.BiotechnologySeries A$105.6M82%
Frequently asked
How much funding has Contamination Source Identification LLC raised?
Contamination Source Identification LLC has raised approximately $4.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Contamination Source Identification LLC's estimated valuation?
Provath's modeled valuation for Contamination Source Identification LLC is approximately $15.7M (modeled range $1.2M–$57.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Contamination Source Identification LLC at?
Contamination Source Identification LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Apr 19.
What does Contamination Source Identification LLC do and where is it based?
Contamination Source Identification LLC operates in the Biotechnology sector, based in Hershey.
Explore related

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