Companies · Biotechnology

Imvax, Inc.

PHILADELPHIA · Biotechnology

Diligence memoA one-page analyst read on Imvax, Inc. — recommendation, valuation, rhythm, risks.
$151.8M
Total raised · real
3
Rounds
4.5×
Latest step-up
Top 6%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Jul 15 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Imvax, Inc. 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 1.09× the median modeled value of Series D+ Biotechnology companies in 2019–2021 (58 peers) — value vs value, same stage and era.
  • Within the normal band (109% of peer median) for its niche.
Dormant
  • Last raise 6.0 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

Imvax, Inc. is one of 4291 Biotechnology companies tracked from PHILADELPHIA. By capital raised it ranks among the largest (ahead of 95% 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
Rule 506(b)
Reg D exemption
19
Investors (latest)
2015
Year incorporated
2020-07-15
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$1.3B$2.5B$3.8B$5.0BSeries A · 2017-04-24 Raised $15M (real) Modeled valuation $531M (est)$15M$531MSeries A2017Series B · 2019-05-10 Raised $25M (real) Modeled valuation $983M (est)$25M$983MSeries B2019Series D+ · 2020-07-15 Raised $112M (real) Modeled valuation $4.6B (est)$112M$4.6BSeries D+2020+$25M+$112MCumulative $152M

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$14.7M · 2017
Series B$24.8M · 2019
Series D+$112.4M · 2020no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series C — 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
$4.6B
Base estimate est.
$509.4M
Conservative case
$10.0B
Upside case
$936.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $531.2M · 2017-04-242017Series B · modeled $982.8M · 2019-05-10Series D+ · modeled $4.6B · 2020-07-152020
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
54% low · 75% high
1.39×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$47.1M/yr
Capital velocity
9.2 yr
On record since
2017
First round
3
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) 21× above median
This company$151.8M
Sector median$7.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.9× of median
This company$112.4M
Sector median$120.0M
Modeled value — vs sector median (estimate, all stages) 71× above median
This company$4.6B
Sector median$64.2M

Raised more than 95% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #18 of 58.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Sarepta Therapeutics, Inc. · Series D+ Raised $430.5M · modeled $16.5B (est)Asklepios BioPharmaceutical, Inc. · Series D+ Raised $199.7M · modeled $8.2B (est)Affinivax, Inc. · Series D+ Raised $233.0M · modeled $7.8B (est)Sonoma Biotherapeutics, Inc. · Series D+ Raised $265.0M · modeled $7.7B (est)Instil Bio, Inc. · Series D+ Raised $381.2M · modeled $6.5B (est)Umoja Biopharma, Inc. · Series D+ Raised $210.0M · modeled $6.3B (est)NiKang Therapeutics, Inc. · Series D+ Raised $200.0M · modeled $6.2B (est)Insitro, Inc. · Series D+ Raised $143.2M · modeled $5.9B (est)Arbor Biotechnologies, Inc. · Series D+ Raised $230.6M · modeled $5.7B (est)VelosBio Inc. · Series D+ Raised $210.5M · modeled $5.6B (est)Erasca, Inc. · Series D+ Raised $183.7M · modeled $5.2B (est)Allovir, Inc. · Series D+ Raised $151.3M · modeled $5.0B (est)Imvax, Inc. (this company) Raised $151.8M · modeled $4.6B (est)Imvax, Inc.
CompanyStageRaised · realValue · estvs peer med.
Sarepta Therapeutics, Inc.Series D+$430.5M$16.5B3.92×
Asklepios BioPharmaceutical, Inc.Series D+$199.7M$8.2B1.96×
Affinivax, Inc.Series D+$233.0M$7.8B1.86×
Sonoma Biotherapeutics, Inc.Series D+$265.0M$7.7B1.82×
Instil Bio, Inc.Series D+$381.2M$6.5B1.54×
Umoja Biopharma, Inc.Series D+$210.0M$6.3B1.51×
NiKang Therapeutics, Inc.Series D+$200.0M$6.2B1.46×
Insitro, Inc.Series D+$143.2M$5.9B1.40×
Arbor Biotechnologies, Inc.Series D+$230.6M$5.7B1.36×
VelosBio Inc.Series D+$210.5M$5.6B1.33×
Erasca, Inc.Series D+$183.7M$5.2B1.23×
Allovir, Inc.Series D+$151.3M$5.0B1.19×
Imvax, Inc. this companySeries D+$151.8M$4.6B1.09×
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$14.7M2017-04-24$66.8M$531.2M90%
Series B$24.8M2019-05-10$137.6M$982.8M90%
Series D+$112.4M2020-07-15$936.4M$4.6B90%
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$14.7M2017-04-24
    • First recorded raise — entered as Series A.
    • 11 investors on this round.
  2. Series B$24.8M2019-05-10
    • Raised again after 25 mo — slower than the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 16 investors on this round.
  3. Series D+$112.4M2020-07-15
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~19mo cadence
$337.1M
Modeled next size est.range $219.1M$539.4M
4.5×
Last step-up
$47.1M/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
David Andrews2 other2017-04
Arthur W. Howe1 other2017-04
Wendy W. DiCicco1 other2020-07
David W Bunning2019-05
Ira W Brind2020-07
John W Furey2020-07
Peter W Corr2017-04
Steven W Altschuler2019-05
Ted W Koutouzis2019-05
Thomas W Pfisterer2019-05
Registry & provenance

Imvax, 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
1708970
SEC CIK
2015
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
Kyverna Therapeutics, Inc.BiotechnologySeries D+$152.0M$4.0Bsame sector · same stage
Saliogen Therapeutics, Inc.BiotechnologySeries D+$152.2M$3.4Bsame sector · same stage
Allovir, Inc.BiotechnologySeries D+$151.3M$5.0Bsame sector · same stage
Graphite Bio, Inc.BiotechnologySeries D+$150.7M$4.9Bsame sector · same stage
GIO World Health (Europe) LtdBiotechnologySeries D+$150.0M$3.7Bsame sector · same stage
Gio World Health (Europe) SaBiotechnologySeries D+$150.0M$3.7Bsame sector · same stage
Elektrofi, Inc.BiotechnologySeries D+$154.8M$1.2Bsame sector · same stage
Vascular Perfusion Solutions, Inc.BiotechnologySeries D+$154.9M$1.2Bsame 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
IMV Inc.BiotechnologySeed$14.8M92%
CancerVAX, Inc.BiotechnologyPre-Seed$7.2M91%
Icosavax, Inc.BiotechnologySeries C$3.1B90%
Immorta Bio, Inc.BiotechnologyPre-Seed$3.1M89%
Mivax Therapeutics, Inc.BiotechnologyPre-Seed$570K88%
GeoVax Labs, Inc.BiotechnologySeries A$217.0M88%
IGM Biosciences, Inc.BiotechnologySeries B$247.9M88%
Imbria Pharmaceuticals, Inc.BiotechnologySeries C$405.5M88%
Frequently asked
How much funding has Imvax, Inc. raised?
Imvax, Inc. has raised approximately $151.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Imvax, Inc.'s estimated valuation?
Provath's modeled valuation for Imvax, Inc. is approximately $4.6B (modeled range $509.4M–$10.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Imvax, Inc. at?
Imvax, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Jul 15.
What does Imvax, Inc. do and where is it based?
Imvax, Inc. operates in the Biotechnology sector, based in PHILADELPHIA.
Explore related

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

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