Companies · Biotechnology

Naurex Inc.

EVANSTON · Biotechnology

Diligence memoA one-page analyst read on Naurex Inc. — recommendation, valuation, rhythm, risks.
$156.0M
Total raised · real
7
Rounds
3.2×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Fri Nov 21 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Naurex 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 1.45× the median modeled value of Series C Biotechnology companies in 2013–2015 (41 peers) — value vs value, same stage and era.
  • Within the normal band (145% of peer median) for its niche.
Dormant
  • Last raise 11.6 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

Naurex Inc. is one of 4291 Biotechnology companies tracked from EVANSTON. By capital raised it ranks among the largest (ahead of 95% of sector peers), and among the largest 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$1.3B$2.5B$3.8B$5.0BSeed · 2009-06-24 Raised $1.1M (real) Modeled valuation $49M (est)Seed2009Pre-Seed · 2009-06-24 Raised $200K (real) Modeled valuation $11M (est)Pre-Seed2009Pre-Seed · 2009-06-24 Raised $737K (real) Modeled valuation $41M (est)Pre-Seed2009Series A · 2011-05-09 Raised $11M (real) Modeled valuation $396M (est)Series A2011Series B · 2012-12-12 Raised $38M (real) Modeled valuation $1.5B (est)Series B2012Series B · 2014-05-01 Raised $25M (real) Modeled valuation $990M (est)Series B2014Series C · 2014-11-21 Raised $80M (real) Modeled valuation $3.3B (est)Series C2014+$200K+$737K+$11M+$38M+$25M+$80MCumulative $156M

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$1.1M · 2009
Bridge · Seed-stage$200K · 2009smaller follow-on
Bridge · Seed-stage$737K · 2009smaller follow-on
Series A$11.0M · 2011
Series B$38.0M · 2012
Series B extension$25.0M · 2014
Series C$80.0M · 2014

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

Modeled valuation trajectory
$3.3B
Base estimate est.
$247.5M
Conservative case
$8.6B
Upside case
$533.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Seed · modeled $49.1M · 2009-06-242009Pre-Seed · modeled $11.0M · 2009-06-24Pre-Seed · modeled $40.7M · 2009-06-24Series A · modeled $396.2M · 2011-05-09Series B · modeled $1.5B · 2012-12-12Series B · modeled $990.3M · 2014-05-01Series C · modeled $3.3B · 2014-11-212014
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
6.0 yr
Elapsed time used
11.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$28.8M/yr
Capital velocity
17.0 yr
On record since
2009
First round
7
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) 22× above median
This company$156.0M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.7× above median
This company$80.0M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 51× above median
This company$3.3B
Sector median$64.2M

Raised more than 95% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #2 of 41.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Antigenics LLC/DE · Series C Raised $100.0M · modeled $4.1B (est)Fluidigm Corp · Series C Raised $111.0M · modeled $3.1B (est)Tengion Inc · Series C Raised $121.7M · modeled $3.0B (est)Spark Therapeutics, Inc. · Series C Raised $72.8M · modeled $3.0B (est)X-Co Holdings, LP · Series C Raised $71.0M · modeled $2.9B (est)REGENXBIO Inc. · Series C Raised $105.9M · modeled $2.9B (est)C4 Therapeutics, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intra-Cellular Therapies, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intellia Therapeutics, Inc. · Series C Raised $70.0M · modeled $2.9B (est)Chiasma Inc · Series C Raised $150.5M · modeled $2.9B (est)AveXis, Inc. · Series C Raised $65.0M · modeled $2.7B (est)Naurex Inc. (this company) Raised $156.0M · modeled $3.3B (est)Naurex Inc.
CompanyStageRaised · realValue · estvs peer med.
Antigenics LLC/DESeries C$100.0M$4.1B1.81×
Naurex Inc. this companySeries C$156.0M$3.3B1.45×
Fluidigm CorpSeries C$111.0M$3.1B1.39×
Tengion IncSeries C$121.7M$3.0B1.34×
Spark Therapeutics, Inc.Series C$72.8M$3.0B1.32×
X-Co Holdings, LPSeries C$71.0M$2.9B1.29×
REGENXBIO Inc.Series C$105.9M$2.9B1.28×
C4 Therapeutics, Inc.Series C$70.3M$2.9B1.27×
Intra-Cellular Therapies, Inc.Series C$70.3M$2.9B1.27×
Intellia Therapeutics, Inc.Series C$70.0M$2.9B1.27×
Chiasma IncSeries C$150.5M$2.9B1.26×
AveXis, Inc.Series C$65.0M$2.7B1.18×
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$1.1M2009-06-24$5.5M$49.1M90%
Pre-Seed$200K2009-06-24$1.1M$11.0M90%
Pre-Seed$737K2009-06-24$4.1M$40.7M90%
Series A$11.0M2011-05-09$49.8M$396.2M90%
Series B$38.0M2012-12-12$211.1M$1.5B90%
Series B$25.0M2014-05-01$138.6M$990.3M90%
Series C$80.0M2014-11-21$533.3M$3.3B90%
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$1.1M2009-06-24
    • First recorded raise — entered as Seed.
  2. Pre-Seed$200K2009-06-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 5.5× smaller than the prior — bridge or down round.
  3. Pre-Seed$737K2009-06-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.7× larger than the prior — scaling up.
  4. Series A$11.0M2011-05-09
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round 14.9× larger than the prior — scaling up.
  5. Series B$38.0M2012-12-12
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
  6. Series B$25.0M2014-05-01
    • Raised 17 mo later, in step with the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  7. Series C$80.0M2014-11-21
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
Intelligence
2015 ~Q4
Modeled next raise · ~11mo cadence
$240.0M
Modeled next size est.range $156.0M$384.0M
3.2×
Last step-up
$28.8M/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
Mitchell S. Bloom6 other2009-06
Terry Gould5 other2011-05
Derek Small3 other2009-06
Norbert Riedel3 other2014-05
EDWARD K. CHANDLER2 other2009-06
Norbert G. Riedel2 other2014-11
Robert J. Hombach2 other2014-05
Ashish M. Khanna1 other2009-06
Joseph R. Moskal1 other2009-06
Kenneth J. Widder1 other2011-05
Terry P. Gould1 other2014-11
Wilbur H. Gantz1 other2011-05
AMIN C. KHAN2009-06
Amin M. Khan2011-05
BERT K. GETZ, JR.2009-06
DAVID C. U'PRICHARD2009-06
Derek A. Small2014-11
EDWARD GETZ, JR.2009-06
Edward J. Chandler2011-05
EDWARD K. GETZ, JR.2009-06
Ian H. Ferrier2012-12
Ian R. Ferrier2014-11
James M. Schulz2009-06
JAN E. LEETSMA2009-06
Registry & provenance

Naurex 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
1467762
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
Aptinyx Inc.PharmaceuticalsSeries C$95.0M$2.5Bnetwork4 shared operators · same stage
Atsena Therapeutics, Inc.BiotechnologySeries C$146.0M$605.7Mnetwork1 shared operator · same sector · same stage
Larimar Therapeutics, Inc.BiotechnologySeries C$201.0M$3.3Bnetwork1 shared operator · same sector · same stage
Voyager Therapeutics, Inc.BiotechnologySeries C$119.0M$215.1Mnetwork1 shared operator · same sector · same stage
Genocea Biosciences, Inc.BiotechnologySeries C$153.6M$3.0Bsame sector · same stage
Precision Biosciences IncBiotechnologySeries C$153.3M$1.6Bsame sector · same stage
Chiasma IncBiotechnologySeries C$150.5M$2.9Bsame sector · same stage
Sirnaomics, Inc.BiotechnologySeries C$162.0M$3.2Bsame sector · same stage
Frequently asked
How much funding has Naurex Inc. raised?
Naurex Inc. has raised approximately $156.0M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Naurex Inc.'s estimated valuation?
Provath's modeled valuation for Naurex Inc. is approximately $3.3B (modeled range $247.5M–$8.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Naurex Inc. at?
Naurex Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Nov 21.
What does Naurex Inc. do and where is it based?
Naurex Inc. operates in the Biotechnology sector, based in EVANSTON.
Explore related

See where Naurex 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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