Companies · Pharmaceuticals

Oyster Point Pharma, Inc.

PRINCETON · Pharmaceuticals

Diligence memoA one-page analyst read on Oyster Point Pharma, Inc. — recommendation, valuation, rhythm, risks.
$113.6M
Total raised · real
2
Rounds
3.0×
Latest step-up
Top 9%
Sector rank · raised
Series C
Latest stage · inferred · Fri Feb 15 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Oyster Point Pharma, Inc. looks over-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 pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.80× the median modeled value of Series C Pharmaceuticals companies in 2019–2021 (33 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.4 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

Oyster Point Pharma, Inc. is one of 1613 Pharmaceuticals companies tracked from PRINCETON. By capital raised it ranks among the largest (ahead of 92% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2015
Year incorporated
2019-02-15
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$1.3B$2.5B$3.8B$5.0BSeries B · 2017-10-11 Raised $29M (real) Modeled valuation $973M (est)$29M$973MSeries B2017Series C · 2019-02-15 Raised $85M (real) Modeled valuation $3.0B (est)$85M$3.0BSeries C2019+$85MCumulative $114M

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$28.6M · 2017
Series C$85.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$3.0B
Base estimate est.
$276.1M
Conservative case
$7.9B
Upside case
$566.7M
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 pharma sector profile. Directional, not a quoted figure.

Series B · modeled $973.0M · 2017-10-112017Series C · modeled $3.0B · 2019-02-152019
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
6.0 yr
Elapsed time used
7.4 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$84.3M/yr
Capital velocity
8.7 yr
On record since
2017
First round
2
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) 14× above median
This company$113.6M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.8× above median
This company$85.0M
Sector median$46.4M
Modeled value — vs sector median (estimate, all stages) 39× above median
This company$3.0B
Sector median$76.1M

Raised more than 92% 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 #3 of 33.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Verastem, Inc. · Series C Raised $163.2M · modeled $3.5B (est)Sentia Wellness, Inc. · Series C Raised $91.6M · modeled $3.2B (est)Terns Pharmaceuticals, Inc. · Series C Raised $97.7M · modeled $2.9B (est)Theseus Pharmaceuticals, Inc. · Series C Raised $117.2M · modeled $2.7B (est)Aerovate Therapeutics, Inc. · Series C Raised $78.3M · modeled $2.6B (est)Mereo Biopharma Group plc · Series C Raised $70.0M · modeled $2.5B (est)Goldfinch Bio, Inc. · Series C Raised $69.7M · modeled $2.4B (est)Avilar Therapeutics, Inc. · Series C Raised $75.3M · modeled $2.3B (est)Werewolf Therapeutics, Inc. · Series C Raised $128.2M · modeled $2.1B (est)Athenex, Inc. · Series C Raised $366.7M · modeled $2.1B (est)Tvardi Therapeutics, Inc. · Series C Raised $78.1M · modeled $1.8B (est)Oyster Point Pharma, Inc. (this company) Raised $113.6M · modeled $3.0B (est)Oyster Point Pharma, Inc.
CompanyStageRaised · realValue · estvs peer med.
Verastem, Inc.Series C$163.2M$3.5B2.12×
Sentia Wellness, Inc.Series C$91.6M$3.2B1.94×
Oyster Point Pharma, Inc. this companySeries C$113.6M$3.0B1.80×
Terns Pharmaceuticals, Inc.Series C$97.7M$2.9B1.75×
Theseus Pharmaceuticals, Inc.Series C$117.2M$2.7B1.66×
Aerovate Therapeutics, Inc.Series C$78.3M$2.6B1.56×
Mereo Biopharma Group plcSeries C$70.0M$2.5B1.49×
Goldfinch Bio, Inc.Series C$69.7M$2.4B1.48×
Avilar Therapeutics, Inc.Series C$75.3M$2.3B1.36×
Werewolf Therapeutics, Inc.Series C$128.2M$2.1B1.30×
Athenex, Inc.Series C$366.7M$2.1B1.28×
Tvardi Therapeutics, Inc.Series C$78.1M$1.8B1.12×
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$28.6M2017-10-11$159.0M$973.0M90%
Series C$85.0M2019-02-15$566.7M$3.0B90%
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$28.6M2017-10-11
    • First recorded raise — entered as Series B.
    • 8 investors on this round.
  2. Series C$85.0M2019-02-15
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~16mo cadence
$252.5M
Modeled next size est.range $164.1M$404.0M
3.0×
Last step-up
$84.3M/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
William J. Link9 other2017-10
Mark A. Murray1 other2017-10
Ali J Behbahani2017-10
Benjamin A. Tsai2019-02
Clare A. Ozawa2019-02
D. Michael Ackermann2017-10
Jeffrey A. Nau2017-10
Registry & provenance

Oyster Point Pharma, 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
1720725
SEC CIK
2015
Incorporated
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
Faraday Pharmaceuticals, Inc.PharmaceuticalsSeries C$115.5M$830.5Msame sector · same stage
Sprout Pharmaceuticals, Inc.PharmaceuticalsSeries C$111.7M$1.8Bsame sector · same stage
Inozyme Pharma, Inc.PharmaceuticalsSeries C$116.2M$2.4Bsame sector · same stage
Amplyx Pharmaceuticals, Inc.PharmaceuticalsSeries C$116.6M$3.2Bsame sector · same stage
Theseus Pharmaceuticals, Inc.PharmaceuticalsSeries C$117.2M$2.7Bsame sector · same stage
Altesa BioSciences, Inc.PharmaceuticalsSeries C$110.0M$373.9Msame sector · same stage
Curevo, Inc.PharmaceuticalsSeries C$110.0M$293.2Msame sector · same stage
Forty Seven, Inc.PharmaceuticalsSeries C$109.1M$2.6Bsame 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
Circle Pharma, Inc.PharmaSeries C$811.4M82%
PharmID, Inc.PharmaceuticalsSeries A$154.9M81%
EyePoint Pharmaceuticals, Inc.PharmaceuticalsSeries B$438.3M81%
China Pharma Holdings, Inc.PharmaceuticalsSeries A$87.6M80%
Boston Biopharma, Inc.PharmaceuticalsSeed$57.6M80%
Bell Pharmacy Holdings, LLCPharmaceuticalsPre-Seed$2.2M80%
HOOKIPA Pharma Inc.PharmaceuticalsSeries B$1.3B80%
Sea Pharmaceuticals, LLCPharmaceuticalsSeed$5.3M79%
Frequently asked
How much funding has Oyster Point Pharma, Inc. raised?
Oyster Point Pharma, Inc. has raised approximately $113.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Oyster Point Pharma, Inc.'s estimated valuation?
Provath's modeled valuation for Oyster Point Pharma, Inc. is approximately $3.0B (modeled range $276.1M–$7.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Oyster Point Pharma, Inc. at?
Oyster Point Pharma, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Feb 15.
What does Oyster Point Pharma, Inc. do and where is it based?
Oyster Point Pharma, Inc. operates in the Pharmaceuticals sector, based in PRINCETON.
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