Companies · Biotechnology

Immune Design Corp.

SEATTLE · Biotechnology

Diligence memoA one-page analyst read on Immune Design Corp. — recommendation, valuation, rhythm, risks.
$144.6M
Total raised · real
6
Rounds
4.0×
Latest step-up
Top 7%
Sector rank · raised
Series C
Latest stage · inferred · Wed Oct 16 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Immune Design 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 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 0.88× the median modeled value of Series C Biotechnology companies in 2013–2015 (41 peers) — value vs value, same stage and era.
  • Within the normal band (88% of peer median) for its niche.
Dormant
  • Last raise 12.7 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

Immune Design Corp. is one of 4291 Biotechnology companies tracked from SEATTLE. By capital raised it ranks among the largest (ahead of 94% 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
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$2.0BSeries A · 2008-06-05 Raised $14M (real) Modeled valuation $506M (est)$14M$506MSeries A2008Series B · 2010-07-23 Raised $34M (real) Modeled valuation $1.3B (est)$34M$1.3BSeries B2010Series B · 2010-07-23 Raised $23M (real) Modeled valuation $928M (est)$23M$928MSeries B2010Series A · 2010-07-23 Raised $13M (real) Modeled valuation $461M (est)$13M$461MSeries A2010Series A · 2010-07-23 Raised $12M (real) Modeled valuation $434M (est)$12M$434MSeries A2010Series C · 2013-10-16 Raised $48M (real) Modeled valuation $2.0B (est)$48M$2.0BSeries C2013+$34M+$23M+$13M+$12M+$48MCumulative $145M

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 A$14.0M · 2008
Series B$34.0M · 2010
Series B extension$23.4M · 2010
Bridge · Series B-stage$12.7M · 2010smaller follow-on
Bridge · Series B-stage$12.0M · 2010smaller follow-on
Series C$48.5M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$2.0B
Base estimate est.
$149.9M
Conservative case
$5.2B
Upside case
$323.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $506.1M · 2008-06-052008Series B · modeled $1.3B · 2010-07-23Series B · modeled $927.7M · 2010-07-23Series A · modeled $460.9M · 2010-07-23Series A · modeled $433.8M · 2010-07-23Series C · modeled $2.0B · 2013-10-162013
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
6.0 yr
Elapsed time used
12.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$27.0M/yr
Capital velocity
18.1 yr
On record since
2008
First round
6
Rounds on file
How it compares to the market

Benchmarked against 4291 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) 20× above median
This company$144.6M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.0× above median
This company$48.5M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 31× above median
This company$2.0B
Sector median$64.2M

Raised more than 94% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #29 of 41.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Antigenics LLC/DE · Series C Raised $100.0M · modeled $4.1B (est)Naurex Inc. · Series C Raised $156.0M · modeled $3.3B (est)Fluidigm Corp · Series C Raised $111.0M · modeled $3.1B (est)Tengion Inc · Series C Raised $121.7M · modeled $3.0B (est)Spark Therapeutics, Inc. · Series C Raised $72.8M · modeled $3.0B (est)X-Co Holdings, LP · Series C Raised $71.0M · modeled $2.9B (est)REGENXBIO Inc. · Series C Raised $105.9M · modeled $2.9B (est)C4 Therapeutics, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intra-Cellular Therapies, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intellia Therapeutics, Inc. · Series C Raised $70.0M · modeled $2.9B (est)Chiasma Inc · Series C Raised $150.5M · modeled $2.9B (est)AveXis, Inc. · Series C Raised $65.0M · modeled $2.7B (est)Immune Design Corp. (this company) Raised $144.6M · modeled $2.0B (est)Immune Design Corp.
CompanyStageRaised · realValue · estvs peer med.
Antigenics LLC/DESeries C$100.0M$4.1B1.81×
Naurex Inc.Series C$156.0M$3.3B1.45×
Fluidigm CorpSeries C$111.0M$3.1B1.39×
Tengion IncSeries C$121.7M$3.0B1.34×
Spark Therapeutics, Inc.Series C$72.8M$3.0B1.32×
X-Co Holdings, LPSeries C$71.0M$2.9B1.29×
REGENXBIO Inc.Series C$105.9M$2.9B1.28×
C4 Therapeutics, Inc.Series C$70.3M$2.9B1.27×
Intra-Cellular Therapies, Inc.Series C$70.3M$2.9B1.27×
Intellia Therapeutics, Inc.Series C$70.0M$2.9B1.27×
Chiasma IncSeries C$150.5M$2.9B1.26×
AveXis, Inc.Series C$65.0M$2.7B1.18×
Immune Design Corp. this companySeries C$144.6M$2.0B0.88×
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 A$14.0M2008-06-05$63.6M$506.1M90%
Series B$34.0M2010-07-23$188.9M$1.3B90%
Series B$23.4M2010-07-23$129.9M$927.7M90%
Series A$12.7M2010-07-23$58.0M$460.9M90%
Series A$12.0M2010-07-23$54.5M$433.8M90%
Series C$48.5M2013-10-16$323.0M$2.0B90%
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 A$14.0M2008-06-05
    • First recorded raise — entered as Series A.
  2. Series B$34.0M2010-07-23
    • Raised again after 26 mo — slower than the ~14 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
  3. Series B$23.4M2010-07-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  4. Series A$12.7M2010-07-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
  5. Series A$12.0M2010-07-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  6. Series C$48.5M2013-10-16
    • Raised again after 39 mo — slower than the ~14 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
Intelligence
2014 ~Q4
Modeled next raise · ~13mo cadence
$145.3M
Modeled next size est.range $94.5M$232.6M
4.0×
Last step-up
$27.0M/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
Richard Klausner6 other2008-06
Brian Atwood5 other2008-06
Alain Schreiber2 other2010-07
James Paul Rickey2 other2010-07
Bruce Carter1 other2010-07
David Baltimore1 other2008-06
Edward Penhoet1 other2010-07
Peter V. Svennilson1 other2013-10
Sammy Farah1 other2010-07
Stephen R. Brady1 other2013-10
Steven Reed1 other2008-06
Alain V Schreiber2010-07
Brian V Atwood2010-07
Bruce LA Carter2010-07
Bruce V Carter2013-10
Carlos V Paya2010-07
David Paul Parker2010-07
David V Baltimore2010-07
Ed Penhoet2008-06
Ed V Penhoet2013-10
Edward V. Penhoet2010-07
James T Rickey2013-10
Jan Henrik T Ter Meulen2013-10
Richard T Kenney2013-10
Registry & provenance

Immune Design 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
1437786
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
Turnstone Biologics Corp.BiotechnologySeries C$122.1M$2.2Bnetwork1 shared operator · same sector · same stage
Tempest Therapeutics, Inc.BiotechnologySeries C$180.4M$307.1Mnetwork1 shared operator · same sector · same stage
Alpine Immune Sciences, Inc.BiotechnologySeries C$234.9M$2.3Bnetwork1 shared operator · same sector · same stage
Evozyne, Inc.BiotechnologySeries C$144.4M$978.0Msame sector · same stage
Xilio Therapeutics, Inc.BiotechnologySeries C$145.2M$3.0Bsame sector · same stage
Zymeworks Inc.BiotechnologySeries C$143.3M$2.5Bsame sector · same stage
A2 Biotherapeutics, Inc.BiotechnologySeries C$143.1M$1.2Bsame sector · same stage
Monte Rosa Therapeutics, Inc.BiotechnologySeries C$143.0M$3.0Bsame sector · same stage
Frequently asked
How much funding has Immune Design Corp. raised?
Immune Design Corp. has raised approximately $144.6M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Immune Design Corp.'s estimated valuation?
Provath's modeled valuation for Immune Design Corp. is approximately $2.0B (modeled range $149.9M–$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 Immune Design Corp. at?
Immune Design Corp.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Oct 16.
What does Immune Design Corp. do and where is it based?
Immune Design Corp. operates in the Biotechnology sector, based in SEATTLE.
Explore related

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

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