Companies · Biotechnology

Pathogenetix, Inc.

WOBURN · Biotechnology

Diligence memoA one-page analyst read on Pathogenetix, Inc. — recommendation, valuation, rhythm, risks.
$23.9M
Total raised · real
7
Rounds
0.9×
Latest step-up
Top 31%
Sector rank · raised
Series A
Latest stage · inferred · Thu Oct 03 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Pathogenetix, 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 0.83× the median modeled value of Series A Biotechnology companies in 2013–2015 (111 peers) — value vs value, same stage and era.
  • Within the normal band (83% of peer median) for its niche.
Dormant
  • Last raise 12.7 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

Pathogenetix, Inc. is one of 4291 Biotechnology companies tracked from WOBURN. By capital raised it ranks in the upper tier (ahead of 70% of sector peers), and mid-pack 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$125M$250M$375M$500MPre-Seed · 2009-12-17 Raised $1.0M (real) Modeled valuation $55M (est)Pre-Seed2009Seed · 2010-10-20 Raised $1.5M (real) Modeled valuation $67M (est)Seed2010Pre-Seed · 2010-10-20 Raised $900K (real) Modeled valuation $50M (est)Pre-Seed2010Seed · 2010-10-20 Raised $1.3M (real) Modeled valuation $58M (est)Seed2010Series A · 2011-07-15 Raised $11M (real) Modeled valuation $416M (est)Series A2011Seed · 2011-07-15 Raised $4.0M (real) Modeled valuation $178M (est)Seed2011Series A · 2013-10-03 Raised $3.6M (real) Modeled valuation $132M (est)Series A2013+$1.5M+$900K+$1.3M+$11M+$4.0M+$3.6MCumulative $24M

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$1.0M · 2009
Seed$1.5M · 2010
Bridge · Seed-stage$900K · 2010smaller follow-on
Seed extension$1.3M · 2010
Series A$11.5M · 2011
Bridge · Series A-stage$4.0M · 2011smaller follow-on
Series A extension$3.6M · 2013

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

Modeled valuation trajectory
$131.6M
Base estimate est.
$4.0M
Conservative case
$715.5M
Upside case
$16.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $55.2M · 2009-12-172009Seed · modeled $67.1M · 2010-10-20Pre-Seed · modeled $49.7M · 2010-10-20Seed · modeled $58.2M · 2010-10-20Series A · modeled $415.7M · 2011-07-15Seed · modeled $177.6M · 2011-07-15Series A · modeled $131.6M · 2013-10-032013
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
12.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$6.3M/yr
Capital velocity
16.5 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) 3.3× above median
This company$23.9M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$3.6M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$131.6M
Sector median$64.2M

Raised more than 70% of sector peers (real $). Modeled value above 64% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #68 of 111.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Dnanexus, Inc. · Series A Raised $31.6M · modeled $542.3M (est)Foresight Biotherapeutics, Inc. · Series A Raised $17.0M · modeled $542.3M (est)AuraSense Therapeutics, LLC · Series A Raised $33.6M · modeled $535.0M (est)Zyomyx Inc · Series A Raised $15.2M · modeled $514.1M (est)Thrasos Innovation Inc. · Series A Raised $14.0M · modeled $506.1M (est)Champions Oncology, Inc. · Series A Raised $36.8M · modeled $506.1M (est)Merganser Biotech, Inc. · Series A Raised $21.1M · modeled $473.5M (est)Progenics Pharmaceuticals Inc · Series A Raised $12.9M · modeled $467.2M (est)GeneWeave Biosciences, Inc. · Series A Raised $36.3M · modeled $441.0M (est)Aeglea BioTherapeutics Holdings, LLC · Series A Raised $15.8M · modeled $387.1M (est)Hydra Biosciences Inc · Series A Raised $10.5M · modeled $379.9M (est)Brainstorm Cell Therapeutics Inc. · Series A Raised $12.3M · modeled $379.6M (est)Pathogenetix, Inc. (this company) Raised $23.9M · modeled $131.6M (est)Pathogenetix, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dnanexus, Inc.Series A$31.6M$542.3M3.41×
Foresight Biotherapeutics, Inc.Series A$17.0M$542.3M3.41×
AuraSense Therapeutics, LLCSeries A$33.6M$535.0M3.36×
Zyomyx IncSeries A$15.2M$514.1M3.23×
Thrasos Innovation Inc.Series A$14.0M$506.1M3.18×
Champions Oncology, Inc.Series A$36.8M$506.1M3.18×
Merganser Biotech, Inc.Series A$21.1M$473.5M2.98×
Progenics Pharmaceuticals IncSeries A$12.9M$467.2M2.94×
GeneWeave Biosciences, Inc.Series A$36.3M$441.0M2.77×
Aeglea BioTherapeutics Holdings, LLCSeries A$15.8M$387.1M2.43×
Hydra Biosciences IncSeries A$10.5M$379.9M2.39×
Brainstorm Cell Therapeutics Inc.Series A$12.3M$379.6M2.39×
Pathogenetix, Inc. this companySeries A$23.9M$131.6M0.83×
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$1.0M2009-12-17$5.6M$55.2M90%
Seed$1.5M2010-10-20$7.6M$67.1M90%
Pre-Seed$900K2010-10-20$5.0M$49.7M90%
Seed$1.3M2010-10-20$6.6M$58.2M90%
Series A$11.5M2011-07-15$52.3M$415.7M90%
Seed$4.0M2011-07-15$20.0M$177.6M90%
Series A$3.6M2013-10-03$16.5M$131.6M90%
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$1.0M2009-12-17
    • First recorded raise — entered as Pre-Seed.
  2. Seed$1.5M2010-10-20
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
  3. Pre-Seed$900K2010-10-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
  4. Seed$1.3M2010-10-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
  5. Series A$11.5M2011-07-15
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 8.8× larger than the prior — scaling up.
  6. Seed$4.0M2011-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× smaller than the prior — bridge or down round.
  7. Series A$3.6M2013-10-03
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2014 ~Q2
Modeled next raise · ~8mo cadence
$3.6M
Modeled next size est.range $3.6M$5.8M
0.9×
Last step-up
$6.3M/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
Tara Butler11 other2013-10
Ann Merrifield2 other2013-10
STEPHEN J. KNIGHT2 other2009-12
AUGUSTINE J. LAWLOR1 other2009-12
Enrico J. Petrillo1 other2009-12
Gus Lawlor1 other2013-10
John J. Harris1 other2009-12
Salvatore J. Salamone1 other2009-12
Steve Gullans1 other2013-10
Tara J. Butler1 other2011-07
DAVID J. HOEY2009-12
Frederick Blume2013-10
JAMES J. SAALFIELD2009-12
JOHN J. CANEPA2009-12
RUDOLF J. GILMANSHIN2009-12
STEPHEN J. GULLANS2010-10
Registry & provenance

Pathogenetix, 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
1138318
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
Saladax Biomedical IncBiotechnologySeries B$30.9M$910.1Mnetwork2 shared operators · same sector
Isto Technologies IncBiotechnologySeries A$21.1M$88.9Mnetwork1 shared operator · same sector · same stage
Tulavi Therapeutics, Inc.BiotechnologySeries A$14.5M$17.9Mnetwork1 shared operator · same sector · same stage
Augmenix IncBiotechnologySeries A$40.6M$216.9Mnetwork1 shared operator · same sector · same stage
Hemosphere, Inc.BiotechnologySeries A$9.3M$337.9Mnetwork1 shared operator · same sector · same stage
Ferrokin Biosciences IncBiotechnologySeries A$24.0M$108.5Msame sector · same stage
Micromed Cardiovascular IncBiotechnologySeries A$23.0M$115.2Msame sector · same stage
Novasenta Inc.BiotechnologySeries A$25.0M$100.5Msame sector · same stage
Frequently asked
How much funding has Pathogenetix, Inc. raised?
Pathogenetix, Inc. has raised approximately $23.9M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Pathogenetix, Inc.'s estimated valuation?
Provath's modeled valuation for Pathogenetix, Inc. is approximately $131.6M (modeled range $4.0M–$715.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pathogenetix, Inc. at?
Pathogenetix, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Oct 03.
What does Pathogenetix, Inc. do and where is it based?
Pathogenetix, Inc. operates in the Biotechnology sector, based in WOBURN.
Explore related

See where Pathogenetix, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Pathogenetix, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.