Companies · Biotechnology

Neurodyn Life Sciences Inc.

VANCOUVER · Biotechnology

Diligence memoA one-page analyst read on Neurodyn Life Sciences Inc. — recommendation, valuation, rhythm, risks.
$5.2M
Total raised · real
8
Rounds
1.9×
Latest step-up
Top 56%
Sector rank · raised
Seed
Latest stage · inferred · Wed Sep 30 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Neurodyn Life Sciences 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 0.43× the median modeled value of Seed Biotechnology companies in 2013–2015 (122 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.8 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

Neurodyn Life Sciences Inc. is one of 4291 Biotechnology companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 45% of sector peers), and in the long tail 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$100MPre-Seed · 2012-11-28 Raised $126K (real) Modeled valuation $6.9M (est)Pre-Seed2012Seed · 2013-01-23 Raised $1.0M (real) Modeled valuation $44M (est)Seed2013Seed · 2013-05-28 Raised $100K (real) Modeled valuation $4.5M (est)Seed2013Seed · 2013-12-20 Raised $1.4M (real) Modeled valuation $63M (est)Seed2013Seed · 2013-12-20 Raised $896K (real) Modeled valuation $40M (est)Seed2013Seed · 2013-12-20 Raised $661K (real) Modeled valuation $29M (est)Seed2013Seed · 2014-01-07 Raised $349K (real) Modeled valuation $16M (est)Seed2014Seed · 2015-09-30 Raised $650K (real) Modeled valuation $29M (est)Seed2015+$1.0M+$100K+$1.4M+$896K+$661K+$349K+$650KCumulative $5.2M

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
Pre-Seed$126K · 2012
Seed$1.0M · 2013
Seed extension$100K · 2013
Seed extension$1.4M · 2013
Seed extension$896K · 2013
Seed extension$661K · 2013
Seed extension$349K · 2014
Seed extension$650K · 2015

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

Modeled valuation trajectory
$28.9M
Base estimate est.
$468K
Conservative case
$226.5M
Upside case
$3.3M
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.

Pre-Seed · modeled $6.9M · 2012-11-282012Seed · modeled $44.5M · 2013-01-23Seed · modeled $4.5M · 2013-05-28Seed · modeled $62.6M · 2013-12-20Seed · modeled $39.8M · 2013-12-20Seed · modeled $29.3M · 2013-12-20Seed · modeled $15.5M · 2014-01-07Seed · modeled $28.9M · 2015-09-302015
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
10.8 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$1.8M/yr
Capital velocity
13.6 yr
On record since
2012
First round
8
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) 0.7× of median
This company$5.2M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$650K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$28.9M
Sector median$64.2M

Raised more than 45% of sector peers (real $). Modeled value above 35% 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 #99 of 122.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Harpoon Medical, Inc. · Seed Raised $7.8M · modeled $173.2M (est)Admittance Technologies, Inc. · Seed Raised $3.9M · modeled $173.0M (est)Bell Biosystems, Inc. · Seed Raised $6.2M · modeled $169.2M (est)Nexstim Plc · Seed Raised $3.7M · modeled $166.4M (est)Iontera, Inc. · Seed Raised $16.8M · modeled $164.2M (est)Monteris Medical Inc · Seed Raised $9.0M · modeled $163.1M (est)Abzena plc · Seed Raised $4.3M · modeled $160.0M (est)Alkahest, Inc. · Seed Raised $3.5M · modeled $155.4M (est)ONCoPEP, Inc. · Seed Raised $12.7M · modeled $153.5M (est)Cal-X Stars Business Accelerator, Inc. · Seed Raised $3.4M · modeled $151.4M (est)QT Holdings Corp. · Seed Raised $3.8M · modeled $145.9M (est)Insight Genetics, Inc. · Seed Raised $5.5M · modeled $135.4M (est)Neurodyn Life Sciences Inc. (this company) Raised $5.2M · modeled $28.9M (est)Neurodyn Life Sciences Inc.
CompanyStageRaised · realValue · estvs peer med.
Harpoon Medical, Inc.Seed$7.8M$173.2M2.59×
Admittance Technologies, Inc.Seed$3.9M$173.0M2.59×
Bell Biosystems, Inc.Seed$6.2M$169.2M2.53×
Nexstim PlcSeed$3.7M$166.4M2.49×
Iontera, Inc.Seed$16.8M$164.2M2.46×
Monteris Medical IncSeed$9.0M$163.1M2.44×
Abzena plcSeed$4.3M$160.0M2.40×
Alkahest, Inc.Seed$3.5M$155.4M2.33×
ONCoPEP, Inc.Seed$12.7M$153.5M2.30×
Cal-X Stars Business Accelerator, Inc.Seed$3.4M$151.4M2.27×
QT Holdings Corp.Seed$3.8M$145.9M2.19×
Insight Genetics, Inc.Seed$5.5M$135.4M2.03×
Neurodyn Life Sciences Inc. this companySeed$5.2M$28.9M0.43×
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.
Pre-Seed$126K2012-11-28$699K$6.9M90%
Seed$1.0M2013-01-23$5.0M$44.5M90%
Seed$100K2013-05-28$501K$4.5M90%
Seed$1.4M2013-12-20$7.0M$62.6M90%
Seed$896K2013-12-20$4.5M$39.8M90%
Seed$661K2013-12-20$3.3M$29.3M90%
Seed$349K2014-01-07$1.7M$15.5M90%
Seed$650K2015-09-30$3.3M$28.9M90%
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. Pre-Seed$126K2012-11-28
    • First recorded raise — entered as Pre-Seed.
  2. Seed$1.0M2013-01-23
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 8.0× larger than the prior — scaling up.
  3. Seed$100K2013-05-28
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 10.0× smaller than the prior — bridge or down round.
  4. Seed$1.4M2013-12-20
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 14.0× larger than the prior — scaling up.
  5. Seed$896K2013-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  6. Seed$661K2013-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
  7. Seed$349K2014-01-07
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
  8. Seed$650K2015-09-30
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
Intelligence
2016 ~Q1
Modeled next raise · ~5mo cadence
$1.2M
Modeled next size est.range $786K$1.9M
1.9×
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
Kenneth A. Cawkell2 other2012-11
Denis A. Kay1 other2012-11
Alfred L. Maelicke2015-09
Denis G. Kay2013-05
James A. Mertz2012-11
James L. Mertz2013-05
Len L. Mertz2015-09
Madolyn L. Mertz2013-05
Richard L. Devries2013-05
Robert A. Cervelli2012-11
Robert L. Cervelli2013-05
Scott A. Homenick2012-11
Registry & provenance

Neurodyn Life Sciences 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
1568852
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
Alpha Cognition Inc.BiotechnologySeries A$27.6M$1.6Mnetwork2 shared operators · same sector
Ibex Biosciences, LLCBiotechnologySeed$5.2M$25.4Msame sector · same stage
Maxcyte, Inc.BiotechnologySeed$5.1M$33.8Msame sector · same stage
Protein Forest, Inc.BiotechnologySeed$5.0M$33.3Msame sector · same stage
BioHSV Holdings, Inc.BiotechnologySeed$5.0M$33.5Msame sector · same stage
Peytant Solutions, Inc.BiotechnologySeed$4.9M$30.4Msame sector · same stage
Gusto Global, LLCBiotechnologySeed$5.5M$24.2Msame sector · same stage
Ventrus Biosciences IncBiotechnologySeed$5.6M$31.1Msame sector · same stage
Frequently asked
How much funding has Neurodyn Life Sciences Inc. raised?
Neurodyn Life Sciences Inc. has raised approximately $5.2M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Neurodyn Life Sciences Inc.'s estimated valuation?
Provath's modeled valuation for Neurodyn Life Sciences Inc. is approximately $28.9M (modeled range $468K–$226.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Neurodyn Life Sciences Inc. at?
Neurodyn Life Sciences Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Sep 30.
What does Neurodyn Life Sciences Inc. do and where is it based?
Neurodyn Life Sciences Inc. operates in the Biotechnology sector, based in VANCOUVER.
Explore related

See where Neurodyn Life Sciences 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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