Companies · Biotechnology

Linkage Biosciences, Inc.

South San Francisco · Biotechnology

Diligence memoA one-page analyst read on Linkage Biosciences, Inc. — recommendation, valuation, rhythm, risks.
$7.4M
Total raised · real
4
Rounds
0.8×
Latest step-up
Top 50%
Sector rank · raised
Seed
Latest stage · inferred · Tue Nov 27 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Linkage Biosciences, 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 0.79× the median modeled value of Seed Biotechnology companies in 2010–2012 (151 peers) — value vs value, same stage and era.
  • Within the normal band (79% of peer median) for its niche.
Dormant
  • Last raise 13.6 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

Linkage Biosciences, Inc. is one of 4293 Biotechnology companies tracked from South San Francisco. By capital raised it ranks mid-pack (ahead of 51% of sector peers), and mid-pack 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$25M$50M$75M$100MSeed · 2008-10-31 Raised $2.0M (real) Modeled valuation $91M (est)$2.0M$91MSeed2008Seed · 2008-10-31 Raised $1.9M (real) Modeled valuation $85M (est)$1.9M$85MSeed2008Seed · 2011-07-21 Raised $2.0M (real) Modeled valuation $87M (est)$2.0M$87MSeed2011Seed · 2012-11-27 Raised $1.5M (real) Modeled valuation $69M (est)$1.5M$69MSeed2012+$1.9M+$2.0M+$1.5MCumulative $7.4M

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$2.0M · 2008
Seed extension$1.9M · 2008
Seed extension$2.0M · 2011
Seed extension$1.5M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-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
$68.6M
Base estimate est.
$1.1M
Conservative case
$538.4M
Upside case
$7.7M
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.

Seed · modeled $90.8M · 2008-10-312008Seed · modeled $84.5M · 2008-10-31Seed · modeled $86.8M · 2011-07-21Seed · modeled $68.6M · 2012-11-272012
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
6.0 yr
Elapsed time used
13.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$1.8M/yr
Capital velocity
17.7 yr
On record since
2008
First round
4
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) 1.0× above median
This company$7.4M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$68.6M
Sector median$64.2M

Raised more than 51% of sector peers (real $). Modeled value above 52% 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 #97 of 151.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Denali Medical II, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Signum Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Health Elements, LLC · Seed Raised $4.0M · modeled $177.6M (est)Nkt Therapeutics Inc · Seed Raised $4.0M · modeled $177.6M (est)Surface Logix Inc · Seed Raised $4.0M · modeled $177.6M (est)Fe3 Medical, Inc. · Seed Raised $5.4M · modeled $177.1M (est)Proteonomix, Inc. · Seed Raised $3.8M · modeled $169.0M (est)SRS Medical Systems, Inc. · Seed Raised $3.8M · modeled $167.4M (est)Origen Therapeutics Inc /Ca · Seed Raised $3.7M · modeled $166.2M (est)Vivebio, LLC · Seed Raised $3.7M · modeled $163.1M (est)O2 Medtech Inc · Seed Raised $7.1M · modeled $160.3M (est)Biothera, Inc. · Seed Raised $3.5M · modeled $155.4M (est)Linkage Biosciences, Inc. (this company) Raised $7.4M · modeled $68.6M (est)Linkage Biosciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
Denali Medical II, Inc.Seed$4.0M$177.6M2.05×
Signum Biosciences, Inc.Seed$4.0M$177.6M2.05×
Health Elements, LLCSeed$4.0M$177.6M2.05×
Nkt Therapeutics IncSeed$4.0M$177.6M2.05×
Surface Logix IncSeed$4.0M$177.6M2.05×
Fe3 Medical, Inc.Seed$5.4M$177.1M2.05×
Proteonomix, Inc.Seed$3.8M$169.0M1.95×
SRS Medical Systems, Inc.Seed$3.8M$167.4M1.93×
Origen Therapeutics Inc /CaSeed$3.7M$166.2M1.92×
Vivebio, LLCSeed$3.7M$163.1M1.88×
O2 Medtech IncSeed$7.1M$160.3M1.85×
Biothera, Inc.Seed$3.5M$155.4M1.79×
Linkage Biosciences, Inc. this companySeed$7.4M$68.6M0.79×
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$2.0M2008-10-31$10.2M$90.8M90%
Seed$1.9M2008-10-31$9.5M$84.5M90%
Seed$2.0M2011-07-21$9.8M$86.8M90%
Seed$1.5M2012-11-27$7.7M$68.6M90%
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$2.0M2008-10-31
    • First recorded raise — entered as Seed.
  2. Seed$1.9M2008-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Seed$2.0M2011-07-21
    • Raised again after 33 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  4. Seed$1.5M2012-11-27
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2014 ~Q2
Modeled next raise · ~16mo cadence
$1.5M
Modeled next size est.range $1.5M$2.5M
0.8×
Last step-up
$1.8M/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
Jeffrey Krauss2 other2012-11
Peter Henig2 other2008-10
Michael Eck1 other2008-10
Jeff Krauss2011-07
Pascal Villiger2008-10
Rebecca Bishop2008-10
Zachary Antovich2008-10
Registry & provenance

Linkage Biosciences, 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
1363194
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
Protalex IncBiotechnologySeed$7.3M$63.3Msame sector · same stage
PhysioSonics, IncBiotechnologySeed$7.9M$66.6Msame sector · same stage
In Cytu IncBiotechnologySeed$7.9M$82.6Msame sector · same stage
Hancock Jaffe Laboratories, Inc.BiotechnologySeed$6.8M$67.1Msame sector · same stage
Rosetta Genomics Ltd.BiotechnologySeed$8.5M$77.7Msame sector · same stage
Nerio Therapeutics, Inc.BiotechnologySeed$6.5M$82.8Msame sector · same stage
Renovacor, Inc.BiotechnologySeed$6.3M$62.1Msame sector · same stage
AtlasXomics Inc.BiotechnologySeed$6.2M$76.5Msame sector · same stage
Frequently asked
How much funding has Linkage Biosciences, Inc. raised?
Linkage Biosciences, Inc. has raised approximately $7.4M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Linkage Biosciences, Inc.'s estimated valuation?
Provath's modeled valuation for Linkage Biosciences, Inc. is approximately $68.6M (modeled range $1.1M–$538.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Linkage Biosciences, Inc. at?
Linkage Biosciences, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Nov 27.
What does Linkage Biosciences, Inc. do and where is it based?
Linkage Biosciences, Inc. operates in the Biotechnology sector, based in South San Francisco.
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