Companies · Biotechnology

Integrated Diagnostics, Inc.

SEATTLE · Biotechnology

Diligence memoA one-page analyst read on Integrated Diagnostics, Inc. — recommendation, valuation, rhythm, risks.
$45.3M
Total raised · real
3
Rounds
0.2×
Latest step-up
Top 21%
Sector rank · raised
Series B
Latest stage · inferred · Wed Nov 23 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Integrated Diagnostics, 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 0.30× the median modeled value of Series B Biotechnology companies in 2016–2018 (101 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.6 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

Integrated Diagnostics, Inc. is one of 4291 Biotechnology companies tracked from SEATTLE. By capital raised it ranks in the upper tier (ahead of 80% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2016-11-23
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$500M$1.0B$1.5B$2.0BSeries A · 2009-09-01 Raised $7.5M (real) Modeled valuation $272M (est)$7.5M$272MSeries A2009Series B · 2014-04-25 Raised $32M (real) Modeled valuation $1.3B (est)$32M$1.3BSeries B2014Series B · 2016-11-23 Raised $6.1M (real) Modeled valuation $242M (est)$6.1M$242MSeries B2016+$32M+$6.1MCumulative $45M

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$7.5M · 2009
Series B$31.7M · 2014
Series B extension$6.1M · 2016

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: 50%.

Modeled valuation trajectory
$242.1M
Base estimate est.
$12.2M
Conservative case
$931.8M
Upside case
$33.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $272.0M · 2009-09-012009Series B · modeled $1.3B · 2014-04-25Series B · modeled $242.1M · 2016-11-232016
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
6.0 yr
Elapsed time used
9.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
43 mo
Avg between rounds
$6.3M/yr
Capital velocity
16.8 yr
On record since
2009
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) 6.3× above median
This company$45.3M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.3× of median
This company$6.1M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 3.8× above median
This company$242.1M
Sector median$64.2M

Raised more than 80% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #81 of 101.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Liquid BioScience, Inc. · Series B Raised $40.0M · modeled $1.6B (est)Amphivena Therapeutics, Inc. · Series B Raised $65.2M · modeled $1.5B (est)Tracon Pharmaceuticals, Inc. · Series B Raised $57.7M · modeled $1.5B (est)Tetra Discovery Partners, Inc. · Series B Raised $40.5M · modeled $1.4B (est)ECM Therapeutics, Inc. · Series B Raised $35.2M · modeled $1.4B (est)Recombinetics, Inc · Series B Raised $54.7M · modeled $1.3B (est)Mersana Therapeutics Inc · Series B Raised $93.7M · modeled $1.3B (est)Atox Bio Inc. · Series B Raised $35.1M · modeled $1.3B (est)Valeritas Holdings Inc. · Series B Raised $58.2M · modeled $1.3B (est)Obsidian Therapeutics, Inc. · Series B Raised $32.4M · modeled $1.3B (est)Cellular Biomedicine Group, Inc. · Series B Raised $40.5M · modeled $1.2B (est)Altor Bioscience Corp · Series B Raised $80.1M · modeled $1.2B (est)Integrated Diagnostics, Inc. (this company) Raised $45.3M · modeled $242.1M (est)Integrated Diagnostics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Liquid BioScience, Inc.Series B$40.0M$1.6B2.00×
Amphivena Therapeutics, Inc.Series B$65.2M$1.5B1.93×
Tracon Pharmaceuticals, Inc.Series B$57.7M$1.5B1.93×
Tetra Discovery Partners, Inc.Series B$40.5M$1.4B1.79×
ECM Therapeutics, Inc.Series B$35.2M$1.4B1.76×
Recombinetics, IncSeries B$54.7M$1.3B1.68×
Mersana Therapeutics IncSeries B$93.7M$1.3B1.65×
Atox Bio Inc.Series B$35.1M$1.3B1.65×
Valeritas Holdings Inc.Series B$58.2M$1.3B1.65×
Obsidian Therapeutics, Inc.Series B$32.4M$1.3B1.62×
Cellular Biomedicine Group, Inc.Series B$40.5M$1.2B1.53×
Altor Bioscience CorpSeries B$80.1M$1.2B1.52×
Integrated Diagnostics, Inc. this companySeries B$45.3M$242.1M0.30×
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$7.5M2009-09-01$34.2M$272.0M85%
Series B$31.7M2014-04-25$176.2M$1.3B85%
Series B$6.1M2016-11-23$33.9M$242.1M90%
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. Series A$7.5M2009-09-01
    • First recorded raise — entered as Series A.
    • 4 investors on this round.
  2. Series B$31.7M2014-04-25
    • Raised again after 56 mo — slower than the ~14 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  3. Series B$6.1M2016-11-23
    • Raised again after 31 mo — slower than the ~14 mo sector norm.
    • Round 5.2× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~43mo cadence
$6.1M
Modeled next size est.range $6.1M$9.8M
0.2×
Last step-up
$6.3M/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
Arnold Oronsky9 other2014-04
Michael Liang8 other2014-04
Stephen Davis7 other2016-11
David Barker6 other2014-04
James Heath4 other2009-09
Leroy Hood4 other2009-09
John Bencich2 other2014-04
Albert Luderer1 other2014-04
Douglas Sanders1 other2016-11
Jay Moyes1 other2014-04
David Galas2009-09
Greg Critchfield2014-04
James Garner2014-04
Kenneth Fang2014-04
Paul Kearney2009-09
Registry & provenance

Integrated Diagnostics, 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
1458503
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
Achieve Life Sciences, Inc.BiotechnologySeries B$28.9M$269.7Mnetwork2 shared operators · same sector · same stage
Indi Molecular, Inc.BiotechnologySeries A$4.5M$161.8Mnetwork3 shared operators · same sector
Palyon Medical CorpBiotechnologySeries B$45.0M$952.5Mnetwork1 shared operator · same sector · same stage
Applied Genetic Technologies CorpBiotechnologySeries B$42.9M$340.5Mnetwork1 shared operator · same sector · same stage
JumpCode Genomics, Inc.BiotechnologySeries B$38.7M$23.4Mnetwork1 shared operator · same sector · same stage
Cell Biosciences IncBiotechnologySeries B$62.3M$516.0Mnetwork1 shared operator · same sector · same stage
NABsys IncBiotechnologySeries B$70.3M$1.0Bnetwork1 shared operator · same sector · same stage
Sofie Biosciences, Inc.BiotechnologySeries B$26.4M$37.7Mnetwork1 shared operator · same 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
Co-Diagnostics, Inc.BiotechnologySeries C$1.1B89%
TAI Diagnostics, Inc.BiotechnologySeries A$463.8M89%
Cleveland Diagnostics, Inc.BiotechnologySeries C$79.3M88%
Healthcare Integrated Technologies Inc.BiotechnologySeries A$13.1M88%
Biomark Diagnostics Inc.BiotechnologySeed$8.0M88%
Gamma Diagnostics, Inc.BiotechnologyPre-Seed$3.7M87%
Avant Diagnostics, IncBiotechnologySeed$51.7M87%
Stage I Diagnostics, Inc.BiotechnologyPre-Seed$5.6M87%
Frequently asked
How much funding has Integrated Diagnostics, Inc. raised?
Integrated Diagnostics, Inc. has raised approximately $45.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Integrated Diagnostics, Inc.'s estimated valuation?
Provath's modeled valuation for Integrated Diagnostics, Inc. is approximately $242.1M (modeled range $12.2M–$931.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Integrated Diagnostics, Inc. at?
Integrated Diagnostics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Nov 23.
What does Integrated Diagnostics, Inc. do and where is it based?
Integrated Diagnostics, Inc. operates in the Biotechnology sector, based in SEATTLE.
Explore related

See where Integrated Diagnostics, 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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