Companies · Biotechnology

Illuminare Biotechnologies Inc

BROOKLYN · Biotechnology

Diligence memoA one-page analyst read on Illuminare Biotechnologies Inc — recommendation, valuation, rhythm, risks.
$4.9M
Total raised · real
2
Rounds
1.1×
Latest step-up
Top 58%
Sector rank · raised
Seed
Latest stage · inferred · Mon Dec 17 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Illuminare Biotechnologies 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 biotech 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 1.56× the median modeled value of Seed Biotechnology companies in 2016–2018 (175 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 7.5 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

Illuminare Biotechnologies Inc is one of 4293 Biotechnology companies tracked from BROOKLYN. By capital raised it ranks mid-pack (ahead of 43% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
2016
Year incorporated
2018-12-17
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$50M$100M$150M$200MSeed · 2017-08-14 Raised $2.4M (real) Modeled valuation $105M (est)$2.4M$105MSeed2017Seed · 2018-12-17 Raised $2.5M (real) Modeled valuation $111M (est)$2.5M$111MSeed2018+$2.5MCumulative $4.9M

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$2.4M · 2017
Seed extension$2.5M · 2018

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
$111.0M
Base estimate est.
$1.8M
Conservative case
$871.0M
Upside case
$12.5M
Modeled post-money

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

Seed · modeled $105.4M · 2017-08-142017Seed · modeled $111.0M · 2018-12-172018
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
7.5 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$3.6M/yr
Capital velocity
8.9 yr
On record since
2017
First round
2
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) 0.7× of median
This company$4.9M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$111.0M
Sector median$64.2M

Raised more than 43% of sector peers (real $). Modeled value above 61% 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 #37 of 175.

This companyCohort peer
$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)Illuminare Biotechnologies Inc (this company) Raised $4.9M · modeled $111.0M (est)Illuminare Biotechnologies Inc
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×
Illuminare Biotechnologies Inc this companySeed$4.9M$111.0M1.56×
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$2.4M2017-08-14$11.9M$105.4M90%
Seed$2.5M2018-12-17$12.5M$111.0M90%
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$2.4M2017-08-14
    • First recorded raise — entered as Seed.
    • 44 investors on this round.
  2. Seed$2.5M2018-12-17
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2020 ~Q2
Modeled next raise · ~16mo cadence
$2.6M
Modeled next size est.range $2.5M$4.2M
1.1×
Last step-up
$3.6M/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
Robert Graifman1 other2017-08
Walter Greenblatt1 other2018-12
Shay Grinfeld2017-08
Sue Yao2017-08
Registry & provenance

Illuminare Biotechnologies 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
1701523
SEC CIK
2016
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
Spinal Singularity, Inc.BiotechnologySeed$4.9M$88.6Msame sector · same stage
CancerGuide Diagnostics, Inc.BiotechnologySeed$4.7M$122.1Msame sector · same stage
Lowell Therapeutics, IncBiotechnologySeed$5.0M$86.9Msame sector · same stage
Igc Bio Inc.BiotechnologySeed$4.7M$97.7Msame sector · same stage
Aptimmune Biologics, Inc.BiotechnologySeed$4.6M$97.7Msame sector · same stage
Helixbind, Inc.BiotechnologySeed$4.5M$127.2Msame sector · same stage
Semba Biosciences IncBiotechnologySeed$4.5M$133.2Msame sector · same stage
Sensor Innovations IncBiotechnologySeed$4.5M$107.8Msame 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
Illumigyn Ltd.BiotechnologySeed$88.8M90%
IGM Biosciences, Inc.BiotechnologySeries B$248.2M86%
Icosavax, Inc.BiotechnologySeries C$3.1B85%
IGM Biosciences A/SBiotechnologySeed$94.7M84%
Imbed Biosciences, IncBiotechnologySeries A$23.9M84%
Iliad Biotechnologies, Inc.BiotechnologySeries D+$747.9M84%
First Light Biosciences Inc.BiotechnologySeed$133.2M84%
ImmusanT, Inc.BiotechnologySeries B$788.8M83%
Frequently asked
How much funding has Illuminare Biotechnologies Inc raised?
Illuminare Biotechnologies Inc has raised approximately $4.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Illuminare Biotechnologies Inc's estimated valuation?
Provath's modeled valuation for Illuminare Biotechnologies Inc is approximately $111.0M (modeled range $1.8M–$871.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Illuminare Biotechnologies Inc at?
Illuminare Biotechnologies Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Dec 17.
What does Illuminare Biotechnologies Inc do and where is it based?
Illuminare Biotechnologies Inc operates in the Biotechnology sector, based in BROOKLYN.
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