Companies · Pharmaceuticals

Innovative Med Concepts, LLC

TUSCALOOSA · Pharmaceuticals

Diligence memoA one-page analyst read on Innovative Med Concepts, LLC — recommendation, valuation, rhythm, risks.
$12.3M
Total raised · real
6
Rounds
0.1×
Latest step-up
Top 43%
Sector rank · raised
Series A
Latest stage · inferred · Fri Aug 21 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Innovative Med Concepts, LLC 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 pharma 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 0.02× the median modeled value of Series A Pharmaceuticals companies in 2019–2021 (76 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.9 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Innovative Med Concepts, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
14.2 yr record
Peak capital year was 2012 with $6.6M across 4 filings.
Market position
ahead of 58% of Pharmaceuticals peers
Capital scale is ahead of 58% of Pharmaceuticals peers; modeled value is above 6% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2012: $6.6M across 4 filings.
  • Largest single filing was $6.0M on 2015-07-01.
  • Filing rows sum to $15.8M, while canonical raised total is $12.3M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Pharmaceuticals

Innovative Med Concepts, LLC is one of 1613 Pharmaceuticals companies tracked from TUSCALOOSA. By capital raised it ranks mid-pack (ahead of 58% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
5
Investors (latest)
2020-08-21
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 · 2012-04-10 Raised $3.1M (real) Modeled valuation $117M (est)Seed2012Pre-Seed · 2012-04-10 Raised $220K (real) Modeled valuation $10M (est)Pre-Seed2012Pre-Seed · 2012-04-10 Raised $610K (real) Modeled valuation $29M (est)Pre-Seed2012Seed · 2012-04-10 Raised $2.7M (real) Modeled valuation $102M (est)Seed2012Series A · 2015-07-01 Raised $6.0M (real) Modeled valuation $186M (est)Series A2015Series A · 2018-03-20 Raised $1.0M (real) Modeled valuation $32M (est)Series A2018Series A · 2019-01-18 Raised $925K (real) Modeled valuation $29M (est)Series A2019Series A · 2020-04-01 Raised $1.2M (real) Modeled valuation $36M (est)Series A2020Series A · 2020-08-21 Raised $125K (real) Modeled valuation $3.6M (est)Series A2020+$220K+$610K+$2.7M+$6.0M+$1.0M+$925K+$1.2M+$125KCumulative $16M

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$3.1M · 2012
Bridge · Seed-stage$220K · 2012smaller follow-on
Bridge · Seed-stage$610K · 2012smaller follow-on
Seed extension$2.7M · 2012
Series A$6.0M · 2015
Series A extension$1.0M · 2018
Series A extension$925K · 2019
Series A extension$1.2M · 2020
Series A extension$125K · 2020

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

Modeled valuation trajectory
$3.6M
Base estimate est.
$143K
Conservative case
$19.2M
Upside case
$568K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Seed · modeled $117.4M · 2012-04-102012Pre-Seed · modeled $10.4M · 2012-04-10Pre-Seed · modeled $28.9M · 2012-04-10Seed · modeled $102.3M · 2012-04-10Series A · modeled $185.8M · 2015-07-01Series A · modeled $31.7M · 2018-03-20Series A · modeled $28.6M · 2019-01-18Series A · modeled $36.0M · 2020-04-01Series A · modeled $3.6M · 2020-08-212020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.57×/yr
Annual markup
1.97×/yr upside case
5.9 yr
Elapsed time used
5.9 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$1.5M/yr
Capital velocity
14.2 yr
On record since
2012
First round
9
Rounds on file
How it compares to the market

Benchmarked against 1613 companies in Pharmaceuticals. 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) 1.5× above median
This company$12.3M
Sector median$8.1M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$125K
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$3.6M
Sector median$76.1M

Raised more than 58% of sector peers (real $). Modeled value above 6% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #75 of 76.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Xynomic Pharmaceuticals Holdings, Inc. · Series A Raised $15.0M · modeled $464.6M (est)Honest Globe Inc. · Series A Raised $15.0M · modeled $464.6M (est)Athenen Therapeutics, Inc. · Series A Raised $12.0M · modeled $371.7M (est)Zomedica Pharmaceuticals Corp. · Series A Raised $25.6M · modeled $371.7M (est)CerSci Therapeutics Inc. · Series A Raised $12.0M · modeled $371.7M (est)Rational Vaccines, Inc. · Series A Raised $27.8M · modeled $363.5M (est)Primmune Therapeutics, Inc. · Series A Raised $20.1M · modeled $350.3M (est)Aytu Bioscience, Inc · Series A Raised $28.8M · modeled $309.7M (est)Solaris Pharma Corp · Series A Raised $23.4M · modeled $309.7M (est)Ally Therapeutics, Inc. · Series A Raised $10.0M · modeled $309.7M (est)Avitide, Inc. · Series A Raised $40.9M · modeled $309.7M (est)PharmAbbie, Inc. · Series A Raised $15.0M · modeled $282.0M (est)Innovative Med Concepts, LLC (this company) Raised $12.3M · modeled $3.6M (est)Innovative Med Concepts, LLC
CompanyStageRaised · realValue · estvs peer med.
Xynomic Pharmaceuticals Holdings, Inc.Series A$15.0M$464.6M3.05×
Honest Globe Inc.Series A$15.0M$464.6M3.05×
Athenen Therapeutics, Inc.Series A$12.0M$371.7M2.44×
Zomedica Pharmaceuticals Corp.Series A$25.6M$371.7M2.44×
CerSci Therapeutics Inc.Series A$12.0M$371.7M2.44×
Rational Vaccines, Inc.Series A$27.8M$363.5M2.38×
Primmune Therapeutics, Inc.Series A$20.1M$350.3M2.30×
Aytu Bioscience, IncSeries A$28.8M$309.7M2.03×
Solaris Pharma CorpSeries A$23.4M$309.7M2.03×
Ally Therapeutics, Inc.Series A$10.0M$309.7M2.03×
Avitide, Inc.Series A$40.9M$309.7M2.03×
PharmAbbie, Inc.Series A$15.0M$282.0M1.85×
Innovative Med Concepts, LLC this companySeries A$12.3M$3.6M0.02×
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$3.1M2012-04-10$15.4M$117.4M85%
Pre-Seed$220K2012-04-10$1.2M$10.4M85%
Pre-Seed$610K2012-04-10$3.4M$28.9M85%
Seed$2.7M2012-04-10$13.4M$102.3M85%
Series A$6.0M2015-07-01$27.3M$185.8M85%
Series A$1.0M2018-03-20$4.7M$31.7M90%
Series A$925K2019-01-18$4.2M$28.6M90%
Series A$1.2M2020-04-01$5.3M$36.0M90%
Series A$125K2020-08-21$568K$3.6M90%
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$3.1M2012-04-10
    • First recorded raise — entered as Seed.
    • 75 investors on this round.
  2. Pre-Seed$220K2012-04-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 14.0× smaller than the prior — bridge or down round.
    • Switched to Rule 06 (was Rule 506(b)).
    • 14 investors on this round.
  3. Pre-Seed$610K2012-04-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× larger than the prior — scaling up.
    • 27 investors on this round.
  4. Seed$2.7M2012-04-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 69 investors on this round.
  5. Series A$6.0M2015-07-01
    • Raised again after 39 mo — slower than the ~13 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
  6. Series A$1.0M2018-03-20
    • Raised again after 33 mo — slower than the ~13 mo sector norm.
    • Round 5.9× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  7. Series A$925K2019-01-18
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  8. Series A$1.2M2020-04-01
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 20 investors on this round.
  9. Series A$125K2020-08-21
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 9.3× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~13mo cadence
$125K
Modeled next size est.range $125K$200K
0.1×
Last step-up
$1.5M/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
William L Pridgen2 other2015-07
Greg Duncan1 other2020-08
Ian L Ferrier2019-01
Richard A Burch2015-07
Richard Burch2020-04
Richard L Burch2018-03
William L Pridgen, M.D.2012-04
William Pridgen2020-04
Registry & provenance

Innovative Med Concepts, LLC 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
1547539
SEC CIK
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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
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Med-Tech Investments Group, LLCPharmaceuticalsSeed$98.9M80%
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Frequently asked
How much funding has Innovative Med Concepts, LLC raised?
Innovative Med Concepts, LLC has raised approximately $12.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Innovative Med Concepts, LLC's estimated valuation?
Provath's modeled valuation for Innovative Med Concepts, LLC is approximately $3.6M (modeled range $143K–$19.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Innovative Med Concepts, LLC at?
Innovative Med Concepts, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Aug 21.
What does Innovative Med Concepts, LLC do and where is it based?
Innovative Med Concepts, LLC operates in the Pharmaceuticals sector, based in TUSCALOOSA.
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