Companies · Pharmaceuticals

Medsource-Direct, Inc.

SANDY · Pharmaceuticals

Diligence memoA one-page analyst read on Medsource-Direct, Inc. — recommendation, valuation, rhythm, risks.→
$2.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 74%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 17 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Medsource-Direct, 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 pharma 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 0.93× the median modeled value of Seed Pharmaceuticals companies in 2007–2009 (25 peers) — value vs value, same stage and era.
  • Within the normal band (93% of peer median) for its niche.
Dormant
  • Last raise 17.4 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Medsource-Direct, Inc. is one of 1613 Pharmaceuticals companies tracked from SANDY. By capital raised it ranks in the long tail (ahead of 27% 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 · 2009-02-17 Raised $2.0M (real) Modeled valuation $75M (est)$2.0M$75MSeed2009

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 · 2009

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
$74.6M
Base estimate est.
$1.5M
Conservative case
$585.5M
Upside case
$9.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.68×/yr
Annual markup
2.20×/yr upside case
6.0 yr
Elapsed time used
17.4 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
17.6 yr
On record since
2009
First round
1
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)▼ 0.2× of median
This company$2.0M
Sector median$8.1M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages)▼ 1.0× of median
This company$74.6M
Sector median$76.1M

Raised more than 27% of sector peers (real $). Modeled value above 49% 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 #15 of 25.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Sequoia Pharmaceuticals Inc · Seed Raised $3.8M · modeled $144.6M (est)Spring Pharmaceuticals, LLC · Seed Raised $6.1M · modeled $142.7M (est)Oceana Therapeutics, Inc. · Seed Raised $3.0M · modeled $114.1M (est)Supergen Inc · Seed Raised $3.0M · modeled $114.1M (est)Archer Pharmaceuticals, Inc. · Seed Raised $2.7M · modeled $102.7M (est)Cequent Pharmaceuticals Inc · Seed Raised $2.7M · modeled $100.9M (est)Anthill Technologies Inc · Seed Raised $2.6M · modeled $97.6M (est)Vpi Holdings Corp · Seed Raised $2.5M · modeled $95.1M (est)Raptor Pharmaceuticals Corp. · Seed Raised $2.4M · modeled $90.8M (est)Groupe Athena, Inc. · Seed Raised $2.4M · modeled $89.6M (est)Mediquest Therapeutics Inc · Seed Raised $2.3M · modeled $87.8M (est)Bridge Pharmaceuticals, Inc. · Seed Raised $2.2M · modeled $83.3M (est)Medsource-Direct, Inc. (this company) Raised $2.0M · modeled $74.6M (est)Medsource-Direct, Inc.
CompanyStageRaised · realValue · estvs peer med.
Sequoia Pharmaceuticals IncSeed$3.8M$144.6M1.79×
Spring Pharmaceuticals, LLCSeed$6.1M$142.7M1.77×
Oceana Therapeutics, Inc.Seed$3.0M$114.1M1.42×
Supergen IncSeed$3.0M$114.1M1.42×
Archer Pharmaceuticals, Inc.Seed$2.7M$102.7M1.27×
Cequent Pharmaceuticals IncSeed$2.7M$100.9M1.25×
Anthill Technologies IncSeed$2.6M$97.6M1.21×
Vpi Holdings CorpSeed$2.5M$95.1M1.18×
Raptor Pharmaceuticals Corp.Seed$2.4M$90.8M1.13×
Groupe Athena, Inc.Seed$2.4M$89.6M1.11×
Mediquest Therapeutics IncSeed$2.3M$87.8M1.09×
Bridge Pharmaceuticals, Inc.Seed$2.2M$83.3M1.03×
Medsource-Direct, Inc. this companySeed$2.0M$74.6M0.93×
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$2.0M2009-02-17$9.8M$74.6M90%
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$2.0M2009-02-17
    • First recorded raise — entered as Seed.
Intelligence
—
Modeled next raise
$3.1M
Modeled next size est.range $2.0M–$5.0M
—
Last step-up
—
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
Kent Madsen—6 other2009-02
Jeffrey C. Smith—4 other2009-02
Kevin Plumb—1 other2009-02
Blaine Smith——2009-02
Justin Leavitt——2009-02
Larry Ross——2009-02
Steve DeHart——2009-02
Tyler Farnes——2009-02
Registry & provenance

Medsource-Direct, 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
1452851
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
Onspira Therapeutics, Inc.PharmaceuticalsSeed$1.9M$73.2Msame sector · same stage
Bpv-1 LlcPharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
Capitol Wellness Solutions LLCPharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
LGM Holdings, LLCPharmaceuticalsSeed$2.0M$35.3Msame sector · same stage
Neurotez Inc.PharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
PhytoCeutica, Inc.PharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
Rundle Research LLCPharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
Stromedix IncPharmaceuticalsSeed$2.0M$76.1Msame sector · same stage
Frequently asked
How much funding has Medsource-Direct, Inc. raised?
Medsource-Direct, Inc. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Medsource-Direct, Inc.'s estimated valuation?
Provath's modeled valuation for Medsource-Direct, Inc. is approximately $74.6M (modeled range $1.5M–$585.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Medsource-Direct, Inc. at?
Medsource-Direct, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 17.
What does Medsource-Direct, Inc. do and where is it based?
Medsource-Direct, Inc. operates in the Pharmaceuticals sector, based in SANDY.
Explore related

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