Companies · Pharmaceuticals

Evolus, Inc.

Newport Beach · Pharmaceuticals

Diligence memoA one-page analyst read on Evolus, Inc. — recommendation, valuation, rhythm, risks.
$40.5M
Total raised · real
2
Rounds
80.0×
Latest step-up
Top 23%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jul 06 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Evolus, Inc. looks over-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.

Over-valued
  • Modeled value is 2.74× the median modeled value of Series B Pharmaceuticals companies in 2019–2021 (61 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.0 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

Evolus, Inc. is one of 1610 Pharmaceuticals companies tracked from Newport Beach. By capital raised it ranks in the upper tier (ahead of 78% of sector peers), and among the largest 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)
2020-07-06
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 · 2013-02-21 Raised $500K (real) Modeled valuation $24M (est)$500K$24MPre-Seed2013Series B · 2020-07-06 Raised $40M (real) Modeled valuation $1.4B (est)$40M$1.4BSeries B2020+$40MCumulative $41M

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$500K · 2013
Series B$40.0M · 2020no Seed / Series A on file

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: 50%.

Modeled valuation trajectory
$1.4B
Base estimate est.
$84.0M
Conservative case
$5.2B
Upside case
$222.2M
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 pharma sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $23.7M · 2013-02-212013Series B · modeled $1.4B · 2020-07-062020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.49×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
88 mo
Avg between rounds
$5.5M/yr
Capital velocity
13.4 yr
On record since
2013
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1610 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) 5.0× above median
This company$40.5M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 2.2× above median
This company$40.0M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$1.4B
Sector median$76.1M

Raised more than 78% of sector peers (real $). Modeled value above 92% 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 #1 of 61.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)HOOKIPA Pharma Inc. · Series B Raised $37.4M · modeled $1.3B (est)ESSA Pharma Inc. · Series B Raised $56.0M · modeled $1.2B (est)Pieris Pharmaceuticals, Inc. · Series B Raised $102.1M · modeled $1.1B (est)Amylyx Pharmaceuticals, Inc. · Series B Raised $65.1M · modeled $1.0B (est)PassPort Technologies, Inc. · Series B Raised $30.0M · modeled $1.0B (est)Savara Inc · Series B Raised $30.9M · modeled $910.6M (est)InCarda Therapeutics, Inc. · Series B Raised $66.3M · modeled $856.6M (est)Aceto Management, L.L.C. · Series B Raised $23.6M · modeled $803.2M (est)GPI Finco (Canada) Inc. · Series B Raised $22.9M · modeled $778.0M (est)Phosplatin Therapeutics LLC · Series B Raised $72.3M · modeled $722.0M (est)Lannett Co Inc · Series B Raised $28.0M · modeled $690.6M (est)Evolus, Inc. (this company) Raised $40.5M · modeled $1.4B (est)Evolus, Inc.
CompanyStageRaised · realValue · estvs peer med.
Evolus, Inc. this companySeries B$40.5M$1.4B2.74×
HOOKIPA Pharma Inc.Series B$37.4M$1.3B2.58×
ESSA Pharma Inc.Series B$56.0M$1.2B2.48×
Pieris Pharmaceuticals, Inc.Series B$102.1M$1.1B2.20×
Amylyx Pharmaceuticals, Inc.Series B$65.1M$1.0B2.06×
PassPort Technologies, Inc.Series B$30.0M$1.0B2.06×
Savara IncSeries B$30.9M$910.6M1.84×
InCarda Therapeutics, Inc.Series B$66.3M$856.6M1.73×
Aceto Management, L.L.C.Series B$23.6M$803.2M1.63×
GPI Finco (Canada) Inc.Series B$22.9M$778.0M1.57×
Phosplatin Therapeutics LLCSeries B$72.3M$722.0M1.46×
Lannett Co IncSeries B$28.0M$690.6M1.40×
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$500K2013-02-21$2.8M$23.7M85%
Series B$40.0M2020-07-06$222.2M$1.4B90%
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$500K2013-02-21
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Series B$40.0M2020-07-06
    • Raised again after 88 mo — slower than the ~13 mo sector norm.
    • Round 80.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
Intelligence
2027 ~Q4
Modeled next raise · ~88mo cadence
$120.0M
Modeled next size est.range $78.0M$192.0M
80.0×
Last step-up
$5.5M/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
David Gill7 other2020-07
Simone Blank4 other2020-07
Vikram Malik4 other2020-07
Peter Farrell3 other2020-07
Lauren Silvernail1 other2020-07
Robert Hayman1 other2020-07
David Moatazedi2020-07
J. Christopher Marmo2013-02
John Christopher Gross2013-02
Karah Parschauer2020-07
Michael Jafar2020-07
Rui Avelar2020-07
Scott Christopher Cannizzaro2013-02
Registry & provenance

Evolus, 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
1570562
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
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LSK BioPartners, Inc.PharmaceuticalsSeries B$40.0M$680.1Msame sector · same stage
Vensun Pharmaceuticals, Inc.PharmaceuticalsSeries B$39.9M$663.1Msame sector · same stage
Ra Pharmaceuticals, Inc.PharmaceuticalsSeries B$39.6M$994.6Msame sector · same stage
XTuit Pharmaceuticals, Inc.PharmaceuticalsSeries B$39.5M$748.7Msame 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
Evogene Ltd.PharmaceuticalsSeries A$8.4M86%
EPALEX CorpPharmaceuticalsSeries B$5.0M83%
Evolutia Inc.Other TechnologyPre-Seed$586K82%
Medexus Pharmaceuticals Inc.PharmaceuticalsPre-Seed$18.9M82%
Eagle Pharmaceuticals, Inc.PharmaceuticalsSeries A$84.9M82%
Marinus Pharmaceuticals, Inc.PharmaceuticalsSeries B$21.0M82%
Innovus Pharmaceuticals, Inc.PharmaceuticalsSeries A$98.2M82%
Vapogenix, Inc.PharmaceuticalsSeries A$50.6M81%
Frequently asked
How much funding has Evolus, Inc. raised?
Evolus, Inc. has raised approximately $40.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Evolus, Inc.'s estimated valuation?
Provath's modeled valuation for Evolus, Inc. is approximately $1.4B (modeled range $84.0M–$5.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Evolus, Inc. at?
Evolus, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jul 06.
What does Evolus, Inc. do and where is it based?
Evolus, Inc. operates in the Pharmaceuticals sector, based in Newport Beach.
Explore related

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

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