Companies · Biotechnology

Petra Pharma Corp

NEW YORK · Biotechnology

Diligence memoA one-page analyst read on Petra Pharma Corp — recommendation, valuation, rhythm, risks.
$58.8M
Total raised · real
2
Rounds
0.9×
Latest step-up
Top 17%
Sector rank · raised
Series B
Latest stage · inferred · Thu Aug 30 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Petra Pharma Corp 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 1.38× the median modeled value of Series B Biotechnology companies in 2016–2018 (101 peers) — value vs value, same stage and era.
  • Within the normal band (138% of peer median) for its niche.
Dormant
  • Last raise 7.8 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

Petra Pharma Corp is one of 4291 Biotechnology companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 84% 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
10
Investors (latest)
2015
Year incorporated
2018-08-30
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$500M$1.0B$1.5B$2.0BSeries B · 2015-12-23 Raised $31M (real) Modeled valuation $1.2B (est)Series B2015Series B · 2015-12-23 Raised $21M (real) Modeled valuation $842M (est)Series B2015Series A · 2015-12-23 Raised $10.0M (real) Modeled valuation $361M (est)Series A2015Series B · 2018-08-30 Raised $28M (real) Modeled valuation $1.1B (est)Series B2018Series A · 2018-08-30 Raised $10M (real) Modeled valuation $362M (est)Series A2018Series A · 2018-08-30 Raised $13M (real) Modeled valuation $482M (est)Series A2018Series B · 2018-08-30 Raised $20M (real) Modeled valuation $796M (est)Series B2018Series B · 2018-08-30 Raised $17M (real) Modeled valuation $677M (est)Series B2018+$21M+$10.0M+$28M+$10M+$13M+$20M+$17MCumulative $150M

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$31.2M · 2015
Series B extension$21.2M · 2015
Bridge · Series B-stage$10.0M · 2015smaller follow-on
Series B extension$27.5M · 2018
Bridge · Series B-stage$10.0M · 2018smaller follow-on
Bridge · Series B-stage$13.3M · 2018smaller follow-on
Series B extension$20.0M · 2018
Series B extension$17.0M · 2018

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
$1.1B
Base estimate est.
$55.1M
Conservative case
$4.2B
Upside case
$153.0M
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 $1.2B · 2015-12-232015Series B · modeled $841.6M · 2015-12-23Series A · modeled $361.2M · 2015-12-23Series B · modeled $1.1B · 2018-08-30Series A · modeled $361.5M · 2018-08-30Series A · modeled $482.4M · 2018-08-30Series B · modeled $795.6M · 2018-08-30Series B · modeled $676.5M · 2018-08-302018
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
7.8 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$21.9M/yr
Capital velocity
10.5 yr
On record since
2015
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) 8.2× above median
This company$58.8M
Sector median$7.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× of median
This company$17.0M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 17× above median
This company$1.1B
Sector median$64.2M

Raised more than 84% of sector peers (real $). Modeled value above 90% 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 #21 of 101.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Liquid BioScience, Inc. · Series B Raised $40.0M · modeled $1.6B (est)Amphivena Therapeutics, Inc. · Series B Raised $65.2M · modeled $1.5B (est)Tracon Pharmaceuticals, Inc. · Series B Raised $57.7M · modeled $1.5B (est)Tetra Discovery Partners, Inc. · Series B Raised $40.5M · modeled $1.4B (est)ECM Therapeutics, Inc. · Series B Raised $35.2M · modeled $1.4B (est)Recombinetics, Inc · Series B Raised $54.7M · modeled $1.3B (est)Mersana Therapeutics Inc · Series B Raised $93.7M · modeled $1.3B (est)Atox Bio Inc. · Series B Raised $35.1M · modeled $1.3B (est)Valeritas Holdings Inc. · Series B Raised $58.2M · modeled $1.3B (est)Obsidian Therapeutics, Inc. · Series B Raised $32.4M · modeled $1.3B (est)Cellular Biomedicine Group, Inc. · Series B Raised $40.5M · modeled $1.2B (est)Altor Bioscience Corp · Series B Raised $80.1M · modeled $1.2B (est)Petra Pharma Corp (this company) Raised $58.8M · modeled $1.1B (est)Petra Pharma Corp
CompanyStageRaised · realValue · estvs peer med.
Liquid BioScience, Inc.Series B$40.0M$1.6B2.00×
Amphivena Therapeutics, Inc.Series B$65.2M$1.5B1.93×
Tracon Pharmaceuticals, Inc.Series B$57.7M$1.5B1.93×
Tetra Discovery Partners, Inc.Series B$40.5M$1.4B1.79×
ECM Therapeutics, Inc.Series B$35.2M$1.4B1.76×
Recombinetics, IncSeries B$54.7M$1.3B1.68×
Mersana Therapeutics IncSeries B$93.7M$1.3B1.65×
Atox Bio Inc.Series B$35.1M$1.3B1.65×
Valeritas Holdings Inc.Series B$58.2M$1.3B1.65×
Obsidian Therapeutics, Inc.Series B$32.4M$1.3B1.62×
Cellular Biomedicine Group, Inc.Series B$40.5M$1.2B1.53×
Altor Bioscience CorpSeries B$80.1M$1.2B1.52×
Petra Pharma Corp this companySeries B$58.8M$1.1B1.38×
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$31.2M2015-12-23$173.4M$1.2B90%
Series B$21.2M2015-12-23$117.8M$841.6M90%
Series A$10.0M2015-12-23$45.4M$361.2M85%
Series B$27.5M2018-08-30$153.0M$1.1B90%
Series A$10.0M2018-08-30$45.5M$361.5M90%
Series A$13.3M2018-08-30$60.7M$482.4M90%
Series B$20.0M2018-08-30$111.4M$795.6M90%
Series B$17.0M2018-08-30$94.7M$676.5M90%
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$31.2M2015-12-23
    • First recorded raise — entered as Series B.
    • 13 investors on this round.
  2. Series B$21.2M2015-12-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  3. Series A$10.0M2015-12-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  4. Series B$27.5M2018-08-30
    • Raised again after 32 mo — slower than the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 10 investors on this round.
  5. Series A$10.0M2018-08-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  6. Series A$13.3M2018-08-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 10 investors on this round.
  7. Series B$20.0M2018-08-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 10 investors on this round.
  8. Series B$17.0M2018-08-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~5mo cadence
$17.0M
Modeled next size est.range $17.0M$27.3M
0.9×
Last step-up
$21.9M/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
Asish Xavier17 other2015-12
Steve Gillis12 other2015-12
Thong Le11 other2015-12
Joel Johnston Marcus4 other2015-12
M. Johnston Erwin4 other2015-12
Barbara Johnston Dalton2 other2015-12
David Johnston Schubert2 other2015-12
James Johnston Sullivan2 other2015-12
Lindsay Johnston Rayle2 other2015-12
David Johnston McElligott1 other2015-12
Misti Johnston Ushio1 other2015-12
Albert Johnston Yu2015-12
Brian Johnston O'Callaghan2015-12
David Johnston Renas2015-12
Jenna Johnston Foger2018-08
Paul Johnston Sekhri2015-12
Registry & provenance

Petra Pharma Corp 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
1662118
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
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Celladon CorpBiotechnologySeries B$70.9M$119.1Mnetwork1 shared operator · same sector · same stage
SonoThera, Inc.BiotechnologySeries B$30.4M$550.2Mnetwork1 shared operator · same sector · same stage
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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
Petragen, Inc.BiotechnologySeed$61.2M88%
GeneCentric Therapeutics, Inc.BiotechnologySeries A$6.7M84%
Biothea Pharma, Inc.BiotechnologySeries B$553.8M84%
Pharmesol Inc.BiotechnologySeed$4.2M83%
Kiadis Pharma N.V.BiotechnologySeries B$728.4M83%
PharmaTher Holdings Ltd.BiotechnologySeries A$156.4M83%
Starget Pharma Inc.BiotechnologySeries B$59.9M83%
Vera Therapeutics, Inc.BiotechnologySeries C$2.6B83%
Frequently asked
How much funding has Petra Pharma Corp raised?
Petra Pharma Corp has raised approximately $58.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Petra Pharma Corp's estimated valuation?
Provath's modeled valuation for Petra Pharma Corp is approximately $1.1B (modeled range $55.1M–$4.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Petra Pharma Corp at?
Petra Pharma Corp's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Aug 30.
What does Petra Pharma Corp do and where is it based?
Petra Pharma Corp operates in the Biotechnology sector, based in NEW YORK.
Explore related

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

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