Companies · Biotechnology

IGM Biosciences A/S

KONGENS LYNGBY · Biotechnology

Diligence memoA one-page analyst read on IGM Biosciences A/S — recommendation, valuation, rhythm, risks.→
$2.1M
Total raised · real
1
Rounds
—
Latest step-up
Top 72%
Sector rank · raised
Seed
Latest stage · inferred · Fri Dec 29 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

IGM Biosciences A/S 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 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 1.33× the median modeled value of Seed Biotechnology companies in 2016–2018 (175 peers) — value vs value, same stage and era.
  • Within the normal band (133% of peer median) for its niche.
Dormant
  • Last raise 8.5 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

IGM Biosciences A/S is one of 4293 Biotechnology companies tracked from KONGENS LYNGBY. By capital raised it ranks in the long tail (ahead of 29% of sector peers), and mid-pack 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
11
Investors (latest)
2017
Year incorporated
2017-12-29
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 · 2017-12-29 Raised $2.1M (real) Modeled valuation $95M (est)$2.1M$95MSeed2017

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$2.1M · 2017

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: 50%.

Modeled valuation trajectory
$94.7M
Base estimate est.
$1.5M
Conservative case
$742.9M
Upside case
$10.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

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
6.0 yr
Elapsed time used
8.5 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
8.8 yr
On record since
2017
First round
1
Rounds on file
How it compares to the market

Benchmarked against 4293 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)▼ 0.3× of median
This company$2.1M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.2× above median
This company$2.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages)▲ 1.5× above median
This company$94.7M
Sector median$64.2M

Raised more than 29% of sector peers (real $). Modeled value above 58% 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 #55 of 175.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Mimedx Group, Inc. · Seed Raised $8.2M · modeled $177.6M (est)Kenjockety Biotechnology, LLC · Seed Raised $4.0M · modeled $177.6M (est)Helocyte, Inc. · Seed Raised $4.0M · modeled $177.5M (est)CytoDel, INC. · Seed Raised $4.1M · modeled $173.4M (est)Finch Therapeutics, Inc. · Seed Raised $4.5M · modeled $165.8M (est)Cordex Systems, Inc · Seed Raised $6.4M · modeled $164.2M (est)Viking Therapeutics, Inc. · Seed Raised $3.7M · modeled $162.3M (est)Escalier Biosciences B.V. · Seed Raised $3.5M · modeled $155.4M (est)Corino Therapeutics, Inc. · Seed Raised $3.5M · modeled $154.3M (est)Captozyme Inc. · Seed Raised $3.4M · modeled $151.0M (est)BluDiagnostics, Inc. · Seed Raised $4.5M · modeled $151.0M (est)FORGE Life Science, LLC · Seed Raised $3.6M · modeled $149.5M (est)IGM Biosciences A/S (this company) Raised $2.1M · modeled $94.7M (est)IGM Biosciences A/S
CompanyStageRaised · realValue · estvs peer med.
Mimedx Group, Inc.Seed$8.2M$177.6M2.50×
Kenjockety Biotechnology, LLCSeed$4.0M$177.6M2.50×
Helocyte, Inc.Seed$4.0M$177.5M2.50×
CytoDel, INC.Seed$4.1M$173.4M2.44×
Finch Therapeutics, Inc.Seed$4.5M$165.8M2.33×
Cordex Systems, IncSeed$6.4M$164.2M2.31×
Viking Therapeutics, Inc.Seed$3.7M$162.3M2.28×
Escalier Biosciences B.V.Seed$3.5M$155.4M2.19×
Corino Therapeutics, Inc.Seed$3.5M$154.3M2.17×
Captozyme Inc.Seed$3.4M$151.0M2.12×
BluDiagnostics, Inc.Seed$4.5M$151.0M2.12×
FORGE Life Science, LLCSeed$3.6M$149.5M2.10×
IGM Biosciences A/S this companySeed$2.1M$94.7M1.33×
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$2.1M2017-12-29$10.7M$94.7M90%
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$2.1M2017-12-29
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
Intelligence
—
Modeled next raise
$3.4M
Modeled next size est.range $2.2M–$5.5M
—
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
Jakob Haldor Topsoe—1 other2017-12
Christina Haldor Topsoe——2017-12
Hans Kornerup——2017-12
Henrik Haldor Topsoe——2017-12
Registry & provenance

IGM Biosciences A/S 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
1727622
SEC CIK
2017
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
Rift Biotherapeutics, Inc.BiotechnologySeed$2.1M$94.6Msame sector · same stage
Novamind Ventures Inc.BiotechnologySeed$2.2M$78.3Msame sector · same stage
NDI Medical, LLCBiotechnologySeed$2.1M$93.6Msame sector · same stage
XORI CorpBiotechnologySeed$2.1M$93.4Msame sector · same stage
Reametrix, Inc.BiotechnologySeed$2.1M$93.2Msame sector · same stage
Andes Biotechnologies Global Inc.BiotechnologySeed$2.2M$96.3Msame sector · same stage
Deuterx, LlcBiotechnologySeed$2.2M$96.6Msame sector · same stage
Carogen CorporatonBiotechnologySeed$2.1M$92.4Msame 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
IGM Biosciences, Inc.BiotechnologySeries B$248.2M98%
Igc Bio Inc.BiotechnologySeed$97.7M89%
Amagma, Inc.BiotechnologySeries B$138.9M88%
IMV Inc.BiotechnologySeed$14.8M88%
Imbed Biosciences, IncBiotechnologySeries A$23.9M87%
Immunis, Inc.BiotechnologySeries B$147.9M86%
ImmPACT Bio USA Inc.BiotechnologySeries D+$3.5B86%
Imvax, Inc.BiotechnologySeries D+$4.6B86%
Frequently asked
How much funding has IGM Biosciences A/S raised?
IGM Biosciences A/S has raised approximately $2.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is IGM Biosciences A/S's estimated valuation?
Provath's modeled valuation for IGM Biosciences A/S is approximately $94.7M (modeled range $1.5M–$742.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is IGM Biosciences A/S at?
IGM Biosciences A/S's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Dec 29.
What does IGM Biosciences A/S do and where is it based?
IGM Biosciences A/S operates in the Biotechnology sector, based in KONGENS LYNGBY.
Explore related

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