Companies · Biotechnology

Endocyte Inc

WEST LAFAYETTE · Biotechnology

Diligence memoA one-page analyst read on Endocyte Inc — recommendation, valuation, rhythm, risks.
$53.7M
Total raised · real
3
Rounds
0.4×
Latest step-up
Top 18%
Sector rank · raised
Series B
Latest stage · inferred · Tue Dec 14 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Endocyte 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 biotech 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 0.49× the median modeled value of Series B Biotechnology companies in 2010–2012 (48 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.5 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 Biotechnology

Endocyte Inc is one of 4291 Biotechnology companies tracked from WEST LAFAYETTE. By capital raised it ranks in the upper tier (ahead of 83% 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
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 B · 2009-08-03 Raised $27M (real) Modeled valuation $1.1B (est)$27M$1.1BSeries B2009Series B · 2009-08-03 Raised $19M (real) Modeled valuation $750M (est)$19M$750MSeries B2009Series B · 2010-12-14 Raised $8.1M (real) Modeled valuation $321M (est)$8.1M$321MSeries B2010+$19M+$8.1MCumulative $54M

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 B$26.6M · 2009
Series B extension$18.9M · 2009
Series B extension$8.1M · 2010

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$321.5M
Base estimate est.
$16.2M
Conservative case
$1.2B
Upside case
$45.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series B · modeled $1.1B · 2009-08-032009Series B · modeled $750.3M · 2009-08-03Series B · modeled $321.5M · 2010-12-142010
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
6.0 yr
Elapsed time used
15.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$39.3M/yr
Capital velocity
16.9 yr
On record since
2009
First round
3
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) 7.5× above median
This company$53.7M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$8.1M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 5.0× above median
This company$321.5M
Sector median$64.2M

Raised more than 83% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #37 of 48.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Redpoint Bio CORP · Series B Raised $40.0M · modeled $1.6B (est)Cardiaq Valve Technologies Inc · Series B Raised $77.2M · modeled $1.5B (est)Visterra, Inc. · Series B Raised $82.4M · modeled $1.4B (est)Celltex Therapeutics Corp · Series B Raised $34.1M · modeled $1.4B (est)Crown Bioscience, Inc · Series B Raised $87.1M · modeled $1.2B (est)Trius Therapeutics Inc · Series B Raised $49.3M · modeled $1.2B (est)Intercept Pharmaceuticals Inc · Series B Raised $45.0M · modeled $1.2B (est)Crescendo Bioscience, Inc. · Series B Raised $169.8M · modeled $1.1B (est)Allocure Inc · Series B Raised $50.5M · modeled $1.1B (est)Pathwork Diagnostics Inc · Series B Raised $52.5M · modeled $1.0B (est)MethylGene Inc. · Series B Raised $97.2M · modeled $1.0B (est)Predictive Biosciences, Inc · Series B Raised $26.8M · modeled $1.0B (est)Endocyte Inc (this company) Raised $53.7M · modeled $321.5M (est)Endocyte Inc
CompanyStageRaised · realValue · estvs peer med.
Redpoint Bio CORPSeries B$40.0M$1.6B2.44×
Cardiaq Valve Technologies IncSeries B$77.2M$1.5B2.27×
Visterra, Inc.Series B$82.4M$1.4B2.08×
Celltex Therapeutics CorpSeries B$34.1M$1.4B2.07×
Crown Bioscience, IncSeries B$87.1M$1.2B1.86×
Trius Therapeutics IncSeries B$49.3M$1.2B1.84×
Intercept Pharmaceuticals IncSeries B$45.0M$1.2B1.83×
Crescendo Bioscience, Inc.Series B$169.8M$1.1B1.73×
Allocure IncSeries B$50.5M$1.1B1.61×
Pathwork Diagnostics IncSeries B$52.5M$1.0B1.60×
MethylGene Inc.Series B$97.2M$1.0B1.59×
Predictive Biosciences, IncSeries B$26.8M$1.0B1.55×
Endocyte Inc this companySeries B$53.7M$321.5M0.49×
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 B$26.6M2009-08-03$148.0M$1.1B90%
Series B$18.9M2009-08-03$105.0M$750.3M90%
Series B$8.1M2010-12-14$45.0M$321.5M90%
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 B$26.6M2009-08-03
    • First recorded raise — entered as Series B.
  2. Series B$18.9M2009-08-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
  3. Series B$8.1M2010-12-14
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q3
Modeled next raise · ~8mo cadence
$8.1M
Modeled next size est.range $8.1M$13.0M
0.4×
Last step-up
$39.3M/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
Fred A. Middleton8 other2009-08
Mike Sherman5 other2009-08
Ann F. Hanham2 other2009-08
James S. Shannon1 other2010-12
John C. Aplin1 other2009-08
Keith E. Brauer1 other2010-12
Philip S. Low1 other2009-08
Douglas B. Bailey2009-08
Douglas G. Bailey2010-12
Jack B. Clawson2009-08
Jack Clawson2009-08
John C. Clawson2010-12
Keith B. Brauer2009-08
Keith Brauer2009-08
Michael A. Sherman2010-12
Mike A. Sherman2009-08
P. Ron Ellis2009-08
Registry & provenance

Endocyte 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
1235007
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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Riot Blockchain, Inc.BiotechnologySeries B$53.0M$280.2Msame sector · same stage
SURGE Therapeutics, Inc.BiotechnologySeries B$52.6M$368.8Msame sector · same stage
Noveome Biotherapeutics, Inc.BiotechnologySeries B$54.8M$381.8Msame sector · same stage
Nectero Medical IncBiotechnologySeries B$52.5M$259.1Msame sector · same stage
Frequently asked
How much funding has Endocyte Inc raised?
Endocyte Inc has raised approximately $53.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Endocyte Inc's estimated valuation?
Provath's modeled valuation for Endocyte Inc is approximately $321.5M (modeled range $16.2M–$1.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Endocyte Inc at?
Endocyte Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Dec 14.
What does Endocyte Inc do and where is it based?
Endocyte Inc operates in the Biotechnology sector, based in WEST LAFAYETTE.
Explore related

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