Companies · Biotechnology

InnAVasc Medical, Inc.

DURHAM · Biotechnology

Diligence memoA one-page analyst read on InnAVasc Medical, Inc. — recommendation, valuation, rhythm, risks.
$4.6M
Total raised · real
5
Rounds
2.4×
Latest step-up
Top 59%
Sector rank · raised
Seed
Latest stage · inferred · Thu Nov 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

InnAVasc Medical, Inc. looks under-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.

Under-valued
  • Modeled value is 0.33× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.7 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

InnAVasc Medical, Inc. is one of 4293 Biotechnology companies tracked from DURHAM. By capital raised it ranks mid-pack (ahead of 42% of sector peers), and in the long tail 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
41
Investors (latest)
2021-11-04
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$100MPre-Seed · 2016-04-01 Raised $520K (real) Modeled valuation $29M (est)$520K$29MPre-Seed2016Seed · 2016-10-21 Raised $2.1M (real) Modeled valuation $95M (est)$2.1M$95MSeed2016Seed · 2018-10-03 Raised $500K (real) Modeled valuation $22M (est)$500K$22MSeed2018Seed · 2020-04-06 Raised $415K (real) Modeled valuation $18M (est)$415K$18MSeed2020Seed · 2021-11-04 Raised $1.0M (real) Modeled valuation $21M (est)$1.0M$21MSeed2021+$2.1M+$500K+$415K+$1.0MCumulative $4.6M

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
Pre-Seed$520K · 2016
Seed$2.1M · 2016
Seed extension$500K · 2018
Seed extension$415K · 2020
Seed extension$1.0M · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$21.1M
Base estimate est.
$720K
Conservative case
$115.2M
Upside case
$5.0M
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.

Pre-Seed · modeled $28.7M · 2016-04-012016Seed · modeled $95.4M · 2016-10-21Seed · modeled $22.2M · 2018-10-03Seed · modeled $18.4M · 2020-04-06Seed · modeled $21.1M · 2021-11-042021
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
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$819K/yr
Capital velocity
10.3 yr
On record since
2016
First round
5
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) 0.6× of median
This company$4.6M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$21.1M
Sector median$64.2M

Raised more than 42% of sector peers (real $). Modeled value above 29% 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 #165 of 186.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Novo Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Entac Medical, Inc. · Seed Raised $4.0M · modeled $177.6M (est)ReGelTec, Inc. · Seed Raised $6.0M · modeled $177.6M (est)Korro Bio, Inc. · Seed Raised $4.0M · modeled $177.6M (est)TamuroBio Inc. · Seed Raised $4.0M · modeled $177.6M (est)Initial Therapeutics, Inc. · Seed Raised $3.8M · modeled $168.6M (est)Helaina Inc · Seed Raised $4.4M · modeled $165.0M (est)Onchilles Pharma, Inc. · Seed Raised $3.6M · modeled $158.5M (est)UVision 360, Inc. · Seed Raised $4.6M · modeled $155.7M (est)Safeguard Biosystems Holdings Ltd · Seed Raised $3.5M · modeled $155.4M (est)Enable Medicine Inc. · Seed Raised $3.6M · modeled $152.3M (est)Newomics Inc. · Seed Raised $3.9M · modeled $149.0M (est)InnAVasc Medical, Inc. (this company) Raised $4.6M · modeled $21.1M (est)InnAVasc Medical, Inc.
CompanyStageRaised · realValue · estvs peer med.
Novo Biosciences, Inc.Seed$4.0M$177.6M2.76×
Entac Medical, Inc.Seed$4.0M$177.6M2.76×
ReGelTec, Inc.Seed$6.0M$177.6M2.76×
Korro Bio, Inc.Seed$4.0M$177.6M2.76×
TamuroBio Inc.Seed$4.0M$177.6M2.76×
Initial Therapeutics, Inc.Seed$3.8M$168.6M2.62×
Helaina IncSeed$4.4M$165.0M2.57×
Onchilles Pharma, Inc.Seed$3.6M$158.5M2.47×
UVision 360, Inc.Seed$4.6M$155.7M2.42×
Safeguard Biosystems Holdings LtdSeed$3.5M$155.4M2.42×
Enable Medicine Inc.Seed$3.6M$152.3M2.37×
Newomics Inc.Seed$3.9M$149.0M2.32×
InnAVasc Medical, Inc. this companySeed$4.6M$21.1M0.33×
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.
Pre-Seed$520K2016-04-01$2.9M$28.7M85%
Seed$2.1M2016-10-21$10.7M$95.4M90%
Seed$500K2018-10-03$2.5M$22.2M90%
Seed$415K2020-04-06$2.1M$18.4M90%
Seed$1.0M2021-11-04$5.0M$21.1M90%
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. Pre-Seed$520K2016-04-01
    • First recorded raise — entered as Pre-Seed.
    • 14 investors on this round.
  2. Seed$2.1M2016-10-21
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 39 investors on this round.
  3. Seed$500K2018-10-03
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 4.3× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  4. Seed$415K2020-04-06
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 20 investors on this round.
  5. Seed$1.0M2021-11-04
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 41 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~17mo cadence
$2.4M
Modeled next size est.range $1.6M$3.9M
2.4×
Last step-up
$819K/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
Greg Davis4 other2018-10
Kenneth Gall4 other2018-10
William N. Starling4 other2020-04
Joseph Knight2 other2016-04
Jeffrey Lawson1 other2016-04
Craig Nichols2018-10
Craig N, Nichols2021-11
C. Steven Duncker2020-04
Dani Bolognesi2016-04
Dani Duane Bolognesi2016-10
Greg N Davis2020-04
Jeffrey N, Lawson2021-11
Kenneth N, Gall2020-04
Roberto Duane Manson2016-10
Roberto Manson2016-04
Shawn Gage2016-04
Stephen Duncker2018-10
William Starling,Jr.2018-10
Registry & provenance

InnAVasc Medical, 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
1671622
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.

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Mitosense, Inc.BiotechnologySeed$4.4M$23.0Msame sector · same stage
Ampel, LLCBiotechnologySeed$4.8M$16.7Msame sector · same stage
IMV Inc.BiotechnologySeed$4.3M$14.8Msame sector · same stage
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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
Innomed Healthscience, Inc.BiotechnologyPre-Seed$10.0M91%
Innara Health, Inc.BiotechnologySeed$66.3M90%
Medical 21, Inc.BiotechnologySeries A$102.9M87%
Icosavax, Inc.BiotechnologySeries C$3.1B86%
Santiste Medical Inc.BiotechnologyPre-Seed$10.3M86%
Innovaprep Inc.BiotechnologySeed$220K86%
Avita Medical, Ltd.BiotechnologySeries B$610.2M86%
CancerVAX, Inc.BiotechnologyPre-Seed$7.2M86%
Frequently asked
How much funding has InnAVasc Medical, Inc. raised?
InnAVasc Medical, Inc. has raised approximately $4.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is InnAVasc Medical, Inc.'s estimated valuation?
Provath's modeled valuation for InnAVasc Medical, Inc. is approximately $21.1M (modeled range $720K–$115.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is InnAVasc Medical, Inc. at?
InnAVasc Medical, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Nov 04.
What does InnAVasc Medical, Inc. do and where is it based?
InnAVasc Medical, Inc. operates in the Biotechnology sector, based in DURHAM.
Explore related

See where InnAVasc Medical, 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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