Companies · Other Health Care

Groove Biopharma Corp

Seattle · Other Health Care

Diligence memoA one-page analyst read on Groove Biopharma Corp — recommendation, valuation, rhythm, risks.
$8.4M
Total raised · real
2
Rounds
1.2×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Wed Dec 07 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Groove Biopharma Corp looks fair 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 health care 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 0.78× the median modeled value of Series A Other Health Care companies in 2010–2012 (199 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 14.6 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 Other Health Care

Groove Biopharma Corp is one of 5377 Other Health Care companies tracked from Seattle. By capital raised it ranks in the upper tier (ahead of 73% 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$25M$50M$75M$100MSeed · 2010-04-16 Raised $3.9M (real) Modeled valuation $97M (est)$3.9M$97MSeed2010Series A · 2011-12-07 Raised $4.5M (real) Modeled valuation $91M (est)$4.5M$91MSeries A2011+$4.5MCumulative $8.4M

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$3.9M · 2010
Series A$4.5M · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$90.8M
Base estimate est.
$5.8M
Conservative case
$493.8M
Upside case
$20.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Seed · modeled $96.7M · 2010-04-162010Series A · modeled $90.8M · 2011-12-072011
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.43×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
14.6 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$5.1M/yr
Capital velocity
16.2 yr
On record since
2010
First round
2
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 3.5× above median
This company$8.4M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.8× of median
This company$4.5M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 4.1× above median
This company$90.8M
Sector median$22.1M

Raised more than 73% 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 A) 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 #139 of 199.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Barrx Medical Inc · Series A Raised $15.0M · modeled $302.7M (est)Icad Inc · Series A Raised $27.1M · modeled $302.7M (est)Cas Medical Systems Inc · Series A Raised $16.9M · modeled $302.7M (est)Cardiosolutions Inc · Series A Raised $18.5M · modeled $300.3M (est)Ophthonix Inc · Series A Raised $24.7M · modeled $283.4M (est)FMS Watertown, LLC · Series A Raised $13.7M · modeled $277.2M (est)Flowood Vascular Access, LLC · Series A Raised $13.7M · modeled $277.2M (est)Cardiovascular Systems Inc · Series A Raised $58.5M · modeled $272.4M (est)HemaSource Holdings LLC · Series A Raised $13.5M · modeled $272.2M (est)OMNI Home Health Acquisition, LLC · Series A Raised $12.6M · modeled $253.2M (est)Integrated Sleep Holdings Inc · Series A Raised $12.4M · modeled $249.9M (est)AngioScore Inc. · Series A Raised $12.0M · modeled $242.2M (est)Groove Biopharma Corp (this company) Raised $8.4M · modeled $90.8M (est)Groove Biopharma Corp
CompanyStageRaised · realValue · estvs peer med.
Barrx Medical IncSeries A$15.0M$302.7M2.60×
Icad IncSeries A$27.1M$302.7M2.60×
Cas Medical Systems IncSeries A$16.9M$302.7M2.60×
Cardiosolutions IncSeries A$18.5M$300.3M2.58×
Ophthonix IncSeries A$24.7M$283.4M2.44×
FMS Watertown, LLCSeries A$13.7M$277.2M2.38×
Flowood Vascular Access, LLCSeries A$13.7M$277.2M2.38×
Cardiovascular Systems IncSeries A$58.5M$272.4M2.34×
HemaSource Holdings LLCSeries A$13.5M$272.2M2.34×
OMNI Home Health Acquisition, LLCSeries A$12.6M$253.2M2.18×
Integrated Sleep Holdings IncSeries A$12.4M$249.9M2.15×
AngioScore Inc.Series A$12.0M$242.2M2.08×
Groove Biopharma Corp this companySeries A$8.4M$90.8M0.78×
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$3.9M2010-04-16$19.5M$96.7M90%
Series A$4.5M2011-12-07$20.5M$90.8M90%
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. Seed$3.9M2010-04-16
    • First recorded raise — entered as Seed.
  2. Series A$4.5M2011-12-07
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2013 ~Q3
Modeled next raise · ~20mo cadence
$5.2M
Modeled next size est.range $4.5M$8.3M
1.2×
Last step-up
$5.1M/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
Steven Gillis22 other2010-04
Thong Le11 other2010-04
Chad Waite10 other2010-04
Carl Weissman7 other2010-04
Lindsay Rayle6 other2010-04
Brian Atwood5 other2010-04
David Schubert5 other2010-04
Merl F. Hoekstra2010-04
Registry & provenance

Groove Biopharma Corp 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
1443563
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
Acylin Therapeutics, Inc.BiotechnologySeed$4.0M$88.8Mnetwork5 shared operators
Oncofactor CorpBiotechnologySeed$3.1M$44.4Mnetwork5 shared operators
XORI CorpBiotechnologySeed$2.1M$93.4Mnetwork5 shared operators
ApoGen Biotechnologies, Inc.BiotechnologySeries A$7.6M$273.5Mnetwork3 shared operators · same stage
Proniras CorpOtherSeries A$11.2M$37.2Mnetwork3 shared operators · same stage
Rodeo Therapeutics CorpBiotechnologySeries A$14.3M$323.6Mnetwork3 shared operators · same stage
Veracyte, Inc.Other Health CareSeries A$22.1M$258.2Mnetwork1 shared operator · same sector · same stage
Biophysical CorpOther Health CareSeries A$8.4M$82.9Msame sector · same stage
Frequently asked
How much funding has Groove Biopharma Corp raised?
Groove Biopharma Corp has raised approximately $8.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Groove Biopharma Corp's estimated valuation?
Provath's modeled valuation for Groove Biopharma Corp is approximately $90.8M (modeled range $5.8M–$493.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Groove Biopharma Corp at?
Groove Biopharma Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Dec 07.
What does Groove Biopharma Corp do and where is it based?
Groove Biopharma Corp operates in the Other Health Care sector, based in Seattle.
Explore related

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