Companies · Biotechnology

Novadigm Therapeutics Inc

GRAND FORKS · Biotechnology

Diligence memoA one-page analyst read on Novadigm Therapeutics Inc — recommendation, valuation, rhythm, risks.
$44.8M
Total raised · real
4
Rounds
1.1×
Latest step-up
Top 21%
Sector rank · raised
Series B
Latest stage · inferred · Thu Sep 19 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Novadigm Therapeutics 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 0.39× the median modeled value of Series B Biotechnology companies in 2013–2015 (77 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.8 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

Novadigm Therapeutics Inc is one of 4293 Biotechnology companies tracked from GRAND FORKS. By capital raised it ranks in the upper tier (ahead of 80% 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
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 B · 2008-06-25 Raised $21M (real) Modeled valuation $817M (est)$21M$817MSeries B2008Series A · 2008-06-25 Raised $11M (real) Modeled valuation $383M (est)$11M$383MSeries A2008Series A · 2008-06-25 Raised $6.6M (real) Modeled valuation $238M (est)$6.6M$238MSeries A2008Series B · 2013-09-19 Raised $7.0M (real) Modeled valuation $278M (est)$7.0M$278MSeries B2013+$11M+$6.6M+$7.0MCumulative $45M

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 B$20.6M · 2008
Bridge · Series B-stage$10.6M · 2008smaller follow-on
Bridge · Series B-stage$6.6M · 2008smaller follow-on
Series B extension$7.0M · 2013

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
$278.3M
Base estimate est.
$14.0M
Conservative case
$1.1B
Upside case
$39.0M
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 biotech sector profile. Directional, not a quoted figure.

Series B · modeled $817.1M · 2008-06-252008Series A · modeled $382.7M · 2008-06-25Series A · modeled $238.1M · 2008-06-25Series B · modeled $278.3M · 2013-09-192013
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
6.0 yr
Elapsed time used
12.8 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$8.6M/yr
Capital velocity
18.0 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) 6.2× above median
This company$44.8M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$7.0M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 4.3× above median
This company$278.3M
Sector median$64.2M

Raised more than 80% 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 #58 of 77.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)BioAtla,LLC · Series B Raised $47.9M · modeled $1.5B (est)Scholar Rock LLC · Series B Raised $36.3M · modeled $1.4B (est)Oligasis, LLC · Series B Raised $35.8M · modeled $1.3B (est)Alector LLC · Series B Raised $32.3M · modeled $1.3B (est)Gelesis Inc · Series B Raised $37.7M · modeled $1.3B (est)Prosetta Biosciences Inc. · Series B Raised $31.1M · modeled $1.2B (est)Stem Cell Therapeutics Corp · Series B Raised $30.3M · modeled $1.2B (est)Tenex Health, Inc. · Series B Raised $57.4M · modeled $1.2B (est)Aquesys Inc · Series B Raised $49.5M · modeled $1.2B (est)4Tech, Inc. · Series B Raised $62.3M · modeled $1.1B (est)Lorus Therapeutics Inc · Series B Raised $28.3M · modeled $1.1B (est)Kallyope, Inc. · Series B Raised $28.1M · modeled $1.1B (est)Novadigm Therapeutics Inc (this company) Raised $44.8M · modeled $278.3M (est)Novadigm Therapeutics Inc
CompanyStageRaised · realValue · estvs peer med.
BioAtla,LLCSeries B$47.9M$1.5B2.16×
Scholar Rock LLCSeries B$36.3M$1.4B2.01×
Oligasis, LLCSeries B$35.8M$1.3B1.88×
Alector LLCSeries B$32.3M$1.3B1.79×
Gelesis IncSeries B$37.7M$1.3B1.75×
Prosetta Biosciences Inc.Series B$31.1M$1.2B1.73×
Stem Cell Therapeutics CorpSeries B$30.3M$1.2B1.68×
Tenex Health, Inc.Series B$57.4M$1.2B1.66×
Aquesys IncSeries B$49.5M$1.2B1.66×
4Tech, Inc.Series B$62.3M$1.1B1.60×
Lorus Therapeutics IncSeries B$28.3M$1.1B1.57×
Kallyope, Inc.Series B$28.1M$1.1B1.56×
Novadigm Therapeutics Inc this companySeries B$44.8M$278.3M0.39×
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 B$20.6M2008-06-25$114.4M$817.1M90%
Series A$10.6M2008-06-25$48.1M$382.7M90%
Series A$6.6M2008-06-25$29.9M$238.1M90%
Series B$7.0M2013-09-19$39.0M$278.3M90%
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 B$20.6M2008-06-25
    • First recorded raise — entered as Series B.
  2. Series A$10.6M2008-06-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× smaller than the prior — bridge or down round.
  3. Series A$6.6M2008-06-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  4. Series B$7.0M2013-09-19
    • Raised again after 63 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2015 ~Q2
Modeled next raise · ~21mo cadence
$7.5M
Modeled next size est.range $7.0M$11.9M
1.1×
Last step-up
$8.6M/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
Boyd Timothy Clark2008-06
Fred Timothy Haney2008-06
Gordon Timothy Douglas2008-06
John Timothy Edwards, Jr.2008-06
Michael Timothy Cooke2008-06
Todd Timothy Brady2008-06
Tuomas Timothy Holmberg2008-06
Registry & provenance

Novadigm Therapeutics 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
1439464
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
Integrated Diagnostics, Inc.BiotechnologySeries B$45.3M$242.1Msame sector · same stage
Locus Biosciences, Inc.BiotechnologySeries B$46.3M$213.3Msame sector · same stage
Tentarix Biotherapeutics, LPBiotechnologySeries B$43.0M$358.6Msame sector · same stage
Applied Genetic Technologies CorpBiotechnologySeries B$42.9M$340.5Msame sector · same stage
Gennao Bio, Inc.BiotechnologySeries B$47.5M$211.8Msame sector · same stage
Noetik Inc.BiotechnologySeries B$48.0M$275.5Msame sector · same stage
Walking Fish Therapeutics, Inc.BiotechnologySeries B$41.5M$250.7Msame sector · same stage
Rejoni, Inc.BiotechnologySeries B$41.0M$364.1Msame sector · same stage
Frequently asked
How much funding has Novadigm Therapeutics Inc raised?
Novadigm Therapeutics Inc has raised approximately $44.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Novadigm Therapeutics Inc's estimated valuation?
Provath's modeled valuation for Novadigm Therapeutics Inc is approximately $278.3M (modeled range $14.0M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Novadigm Therapeutics Inc at?
Novadigm Therapeutics Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Sep 19.
What does Novadigm Therapeutics Inc do and where is it based?
Novadigm Therapeutics Inc operates in the Biotechnology sector, based in GRAND FORKS.
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