Companies · Software / Tech

mPharma Data, Inc

LEXINGTON · Software / Tech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on mPharma Data, Inc — recommendation, valuation, rhythm, risks.
$46.9M
Total raised · real
4
Rounds
0.7×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Tue Dec 26 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

mPharma Data, Inc looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology 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 0.60× the median modeled value of Series B Software / Tech companies in 2022–2024 (174 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Software / Tech

mPharma Data, Inc is one of 3920 Software / Tech companies tracked from LEXINGTON. By capital raised it ranks among the largest (ahead of 90% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
22
Investors (latest)
2023-12-26
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$250M$500M$750M$1.0BSeries A · 2015-12-21 Raised $5.0M (real) Modeled valuation $139M (est)$5.0M$139MSeries A2015Series A · 2018-12-31 Raised $9.7M (real) Modeled valuation $270M (est)$9.7M$270MSeries A2018Series A · 2020-01-21 Raised $13M (real) Modeled valuation $366M (est)$13M$366MSeries A2020Series B · 2020-01-21 Raised $19M (real) Modeled valuation $564M (est)$19M$564MSeries B2020Series B · 2023-12-26 Raised $14M (real) Modeled valuation $122M (est)$14M$122MSeries B2023+$9.7M+$13M+$19M+$14MCumulative $60M

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$5.0M · 2015
Series A extension$9.7M · 2018
Series A extension$13.2M · 2020
Series B$18.5M · 2020
Series B extension$13.7M · 2023

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
$122.5M
Base estimate est.
$33.5M
Conservative case
$241.9M
Upside case
$75.9M
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 technology sector profile. Directional, not a quoted figure.

Series A · modeled $138.7M · 2015-12-212015Series A · modeled $269.9M · 2018-12-31Series A · modeled $366.4M · 2020-01-21Series B · modeled $564.1M · 2020-01-21Series B · modeled $122.5M · 2023-12-262023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$5.9M/yr
Capital velocity
10.5 yr
On record since
2015
First round
5
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 10× above median
This company$46.9M
Sector median$4.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.7× of median
This company$13.7M
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 3.3× above median
This company$122.5M
Sector median$36.6M

Raised more than 90% of sector peers (real $). Modeled value above 76% 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 #136 of 174.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Argyle Systems Inc. · Series B Raised $36.7M · modeled $596.4M (est)Shoreline Software, Inc. · Series B Raised $57.0M · modeled $584.7M (est)ALICE Technologies, Inc. · Series B Raised $59.6M · modeled $545.1M (est)Tint Technologies Inc. · Series B Raised $29.6M · modeled $528.5M (est)Vanilla Technologies Inc. · Series B Raised $49.3M · modeled $496.8M (est)Red Team Software, LLC · Series B Raised $28.3M · modeled $494.6M (est)LongPath Technologies, Inc. · Series B Raised $39.8M · modeled $488.8M (est)SmartX Technology Solutions Inc. · Series B Raised $42.0M · modeled $488.6M (est)On Demand Technologies, Inc. · Series B Raised $54.9M · modeled $442.0M (est)Meow Technologies Inc. · Series B Raised $28.1M · modeled $440.3M (est)Paytient Technologies, Inc. · Series B Raised $53.9M · modeled $436.9M (est)Trunk Technologies, Inc. · Series B Raised $28.5M · modeled $429.9M (est)mPharma Data, Inc (this company) Raised $46.9M · modeled $122.5M (est)mPharma Data, Inc
CompanyStageRaised · realValue · estvs peer med.
Argyle Systems Inc.Series B$36.7M$596.4M2.91×
Shoreline Software, Inc.Series B$57.0M$584.7M2.85×
ALICE Technologies, Inc.Series B$59.6M$545.1M2.66×
Tint Technologies Inc.Series B$29.6M$528.5M2.58×
Vanilla Technologies Inc.Series B$49.3M$496.8M2.42×
Red Team Software, LLCSeries B$28.3M$494.6M2.41×
LongPath Technologies, Inc.Series B$39.8M$488.8M2.38×
SmartX Technology Solutions Inc.Series B$42.0M$488.6M2.38×
On Demand Technologies, Inc.Series B$54.9M$442.0M2.15×
Meow Technologies Inc.Series B$28.1M$440.3M2.15×
Paytient Technologies, Inc.Series B$53.9M$436.9M2.13×
Trunk Technologies, Inc.Series B$28.5M$429.9M2.10×
mPharma Data, Inc this companySeries B$46.9M$122.5M0.60×
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$5.0M2015-12-21$22.7M$138.7M85%
Series A$9.7M2018-12-31$44.2M$269.9M90%
Series A$13.2M2020-01-21$60.0M$366.4M90%
Series B$18.5M2020-01-21$102.9M$564.1M90%
Series B$13.7M2023-12-26$75.9M$122.5M90%
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$5.0M2015-12-21
    • First recorded raise — entered as Series A.
    • 14 investors on this round.
  2. Series A$9.7M2018-12-31
    • Raised again after 36 mo — slower than the ~13 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 18 investors on this round.
  3. Series A$13.2M2020-01-21
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 12 investors on this round.
  4. Series B$18.5M2020-01-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 17 investors on this round.
  5. Series B$13.7M2023-12-26
    • Raised again after 47 mo — slower than the ~13 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 22 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~24mo cadence
$13.7M
Modeled next size est.range $13.7M$21.9M
0.7×
Last step-up
$5.9M/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
Mayer Gniwisch3 other2015-12
SANGU DELLE1 other2015-12
Sangu Julius Delle1 other2018-12
Shravin Mittal1 other2018-12
AMIR LAHAT2015-12
Andrew Nishiyama Carruthers2020-01
Daniel Nishiyama Vasella2020-01
DANIEL SHOUKIMAS2015-12
Dufie Addo2018-12
GREGORY ROCKSON2015-12
JAMES FINUCANE2015-12
James Nishiyama Finucane2018-12
Joanna Lee Nishiyama Shevelenko2020-01
Joanna Lee Shevelenko2023-12
Nana Dufie Addo2020-01
PHILIP SOWAH2015-12
Sophia Baah2018-12
Sophia Dufie Baah2020-01
Walter Nishiyama Baddoo2018-12
Registry & provenance

mPharma Data, 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
1664913
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
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Setpoint Technologies Inc.Software / TechSeries B$47.7M$129.1Msame sector · same stage
ORock Technologies, Inc.Software / TechSeries B$46.0M$117.5Msame sector · same stage
Aleph Labs, Inc.Software / TechSeries B$45.9M$143.7Msame sector · same stage
Sunday App, Inc. PBCSoftware / TechSeries B$45.2M$99.3Msame sector · same stage
Wheels Labs, Inc.Software / TechSeries B$45.1M$153.4Msame sector · same stage
Viventium Software Holdings, Inc.Software / TechSeries B$44.6M$152.3Msame 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
Ria Technology Management Inc.Software / TechSeries B$39.0M83%
ROM Technologies, Inc.Software / TechGrowth/Late$62.8M82%
Medici Technologies, LLCSoftware / TechSeries B$618.6M81%
samark technology CorpSoftware / TechPre-Seed$4.2M81%
SomnoMed Technologies Inc.Software / TechPre-Seed$3.7M81%
Post Acute Analytics, Inc.Software / TechSeries C$810.5M81%
Physician Software Systems, LLCSoftware / TechSeries A$28.8M80%
DataBiologics, Inc.Other Health CarePre-Seed$11.2M80%
Frequently asked
How much funding has mPharma Data, Inc raised?
mPharma Data, Inc has raised approximately $46.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is mPharma Data, Inc's estimated valuation?
Provath's modeled valuation for mPharma Data, Inc is approximately $122.5M (modeled range $33.5M–$241.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is mPharma Data, Inc at?
mPharma Data, Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Dec 26.
What does mPharma Data, Inc do and where is it based?
mPharma Data, Inc operates in the Software / Tech sector, based in LEXINGTON.
Explore related

See where mPharma Data, 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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