Companies · Pharmaceuticals

I 3 Pharmaceuticals, LLC

WARMINSTER · Pharmaceuticals

Diligence memoA one-page analyst read on I 3 Pharmaceuticals, LLC — recommendation, valuation, rhythm, risks.→
$16.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 38%
Sector rank · raised
Series B
Latest stage · inferred · Fri May 06 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

I 3 Pharmaceuticals, LLC 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 2.02× the median modeled value of Series B Pharmaceuticals companies in 2022–2024 (51 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

I 3 Pharmaceuticals, 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
4.4 yr record
Peak capital year was 2022 with $16.0M across 1 filings.
Market position
ahead of 63% of Pharmaceuticals peers
Capital scale is ahead of 63% of Pharmaceuticals peers; modeled value is above 73% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2022: $16.0M across 1 filings.
  • Largest single filing was $16.0M on 2022-05-06.
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.
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

I 3 Pharmaceuticals, LLC is one of 1613 Pharmaceuticals companies tracked from WARMINSTER. By capital raised it ranks mid-pack (ahead of 63% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022-05-06
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$125M$250M$375M$500MSeries B · 2022-05-06 Raised $16M (real) Modeled valuation $262M (est)$16M$262MSeries B2022

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$16.0M · 2022

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
$262.5M
Base estimate est.
$33.6M
Conservative case
$709.8M
Upside case
$88.9M
Modeled post-money

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

Not enough modeled valuation points to chart a trajectory.

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
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
4.4 yr
On record since
2022
First round
1
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)▲ 2.0× above median
This company$16.0M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage)▼ 0.9× of median
This company$16.0M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages)▲ 3.4× above median
This company$262.5M
Sector median$76.1M

Raised more than 63% of sector peers (real $). Modeled value above 73% 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 #9 of 51.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)MedAvail Holdings, Inc. · Series B Raised $52.9M · modeled $679.3M (est)Revalesio Corp · Series B Raised $103.4M · modeled $624.8M (est)Kinaset Therapeutics, Inc. · Series B Raised $30.0M · modeled $438.1M (est)Venatorx Pharmaceuticals, Inc. · Series B Raised $124.3M · modeled $421.0M (est)Cxl Ophthalmics, Inc. · Series B Raised $26.4M · modeled $370.1M (est)Delex Healthcare Group, Inc. · Series B Raised $40.0M · modeled $341.1M (est)Comanche Biopharma Corp. · Series B Raised $73.6M · modeled $325.9M (est)Petros Pharmaceuticals, Inc. · Series B Raised $41.7M · modeled $308.0M (est)Relay Therapeutics, Inc. · Series B Raised $30.0M · modeled $253.2M (est)Capacity Bio, Inc. · Series B Raised $19.2M · modeled $246.0M (est)MediWound Ltd. · Series B Raised $30.5M · modeled $243.4M (est)I 3 Pharmaceuticals, LLC (this company) Raised $16.0M · modeled $262.5M (est)I 3 Pharmaceuticals, LLC
CompanyStageRaised · realValue · estvs peer med.
MedAvail Holdings, Inc.Series B$52.9M$679.3M5.23×
Revalesio CorpSeries B$103.4M$624.8M4.81×
Kinaset Therapeutics, Inc.Series B$30.0M$438.1M3.37×
Venatorx Pharmaceuticals, Inc.Series B$124.3M$421.0M3.24×
Cxl Ophthalmics, Inc.Series B$26.4M$370.1M2.85×
Delex Healthcare Group, Inc.Series B$40.0M$341.1M2.63×
Comanche Biopharma Corp.Series B$73.6M$325.9M2.51×
Petros Pharmaceuticals, Inc.Series B$41.7M$308.0M2.37×
I 3 Pharmaceuticals, LLC this companySeries B$16.0M$262.5M2.02×
Relay Therapeutics, Inc.Series B$30.0M$253.2M1.95×
Capacity Bio, Inc.Series B$19.2M$246.0M1.89×
MediWound Ltd.Series B$30.5M$243.4M1.87×
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$16.0M2022-05-06$88.9M$262.5M90%
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$16.0M2022-05-06
    • First recorded raise — entered as Series B.
    • 1 investor on this round.
Intelligence
—
Modeled next raise
$25.6M
Modeled next size est.range $16.6M–$41.0M
—
Last step-up
—
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
Dhirubhai Kishan Bhagat——2022-05
Douglas S. Hamilton——2022-05
Jayantilal V. Dhaduk——2022-05
Ram Kishan Kallur——2022-05
Registry & provenance

I 3 Pharmaceuticals, 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
1930130
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
Journey Colab Corp.PharmaceuticalsSeries B$15.7M$351.6Msame sector · same stage
Land Medicine Inc.PharmaceuticalsSeries B$16.9M$98.0Msame sector · same stage
Clarus Therapeutics Holdings, Inc.PharmaceuticalsSeries B$15.0M$289.4Msame sector · same stage
Tellus Therapeutics, Inc.PharmaceuticalsSeries B$18.0M$212.5Msame sector · same stage
Capacity Bio, Inc.PharmaceuticalsSeries B$19.2M$246.0Msame sector · same stage
Stemtrix Corp.PharmaceuticalsSeries B$20.0M$242.3Msame sector · same stage
DalCor Pharmaceuticals US, LLCPharmaceuticalsSeries B$20.4M$131.0Msame sector · same stage
Stream Biomedical, Inc.PharmaceuticalsSeries B$21.5M$412.2Msame 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
Trio Pharmaceuticals, Inc.Biotech / PharmaSeed$22.5M83%
T3D Therapeutics, Inc.PharmaceuticalsSeries A$70.9M81%
IMC CorpPharmaceuticalsSeries A$154.9M80%
Ten63 Therapeutics, Inc.PharmaSeed$62.5M79%
PharmID, Inc.PharmaceuticalsSeries A$154.9M78%
Complexa Inc.PharmaceuticalsSeries C$386.0M78%
IRR, Inc.PharmaceuticalsPre-Seed$7.1M78%
InMed Pharmaceuticals Inc.PharmaceuticalsSeries A$63.7M78%
Frequently asked
How much funding has I 3 Pharmaceuticals, LLC raised?
I 3 Pharmaceuticals, LLC has raised approximately $16.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is I 3 Pharmaceuticals, LLC's estimated valuation?
Provath's modeled valuation for I 3 Pharmaceuticals, LLC is approximately $262.5M (modeled range $33.6M–$709.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is I 3 Pharmaceuticals, LLC at?
I 3 Pharmaceuticals, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri May 06.
What does I 3 Pharmaceuticals, LLC do and where is it based?
I 3 Pharmaceuticals, LLC operates in the Pharmaceuticals sector, based in WARMINSTER.
Explore related

See where I 3 Pharmaceuticals, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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