Companies · Biotechnology

Phaserx, Inc.

SEATTLE · Biotechnology

Diligence memoA one-page analyst read on Phaserx, Inc. — recommendation, valuation, rhythm, risks.
$16.1M
Total raised · real
10
Rounds
0.1×
Latest step-up
Top 36%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 07 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Phaserx, 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 0.26× the median modeled value of Seed Biotechnology companies in 2016–2018 (175 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.1 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

Phaserx, Inc. is one of 4291 Biotechnology companies tracked from SEATTLE. By capital raised it ranks mid-pack (ahead of 65% 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$50M$100M$150M$200MSeed · 2009-08-17 Raised $1.2M (real) Modeled valuation $54M (est)Seed2009Pre-Seed · 2009-08-17 Raised $303K (real) Modeled valuation $17M (est)Pre-Seed2009Seed · 2012-02-01 Raised $3.6M (real) Modeled valuation $160M (est)Seed2012Seed · 2012-07-02 Raised $1.6M (real) Modeled valuation $71M (est)Seed2012Seed · 2012-12-10 Raised $1.5M (real) Modeled valuation $67M (est)Seed2012Seed · 2013-06-28 Raised $500K (real) Modeled valuation $22M (est)Seed2013Seed · 2013-09-19 Raised $1.4M (real) Modeled valuation $62M (est)Seed2013Seed · 2013-12-04 Raised $1.5M (real) Modeled valuation $68M (est)Seed2013Seed · 2015-12-21 Raised $4.0M (real) Modeled valuation $178M (est)Seed2015Seed · 2016-06-07 Raised $420K (real) Modeled valuation $19M (est)Seed2016+$303K+$3.6M+$1.6M+$1.5M+$500K+$1.4M+$1.5M+$4.0M+$420KCumulative $16M

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
Seed$1.2M · 2009
Bridge · Seed-stage$303K · 2009smaller follow-on
Seed extension$3.6M · 2012
Seed extension$1.6M · 2012
Seed extension$1.5M · 2012
Seed extension$500K · 2013
Seed extension$1.4M · 2013
Seed extension$1.5M · 2013
Seed extension$4.0M · 2015
Seed extension$420K · 2016

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

Modeled valuation trajectory
$18.6M
Base estimate est.
$302K
Conservative case
$146.3M
Upside case
$2.1M
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.

Seed · modeled $54.0M · 2009-08-172009Pre-Seed · modeled $16.7M · 2009-08-17Seed · modeled $159.9M · 2012-02-01Seed · modeled $71.0M · 2012-07-02Seed · modeled $66.6M · 2012-12-10Seed · modeled $22.2M · 2013-06-28Seed · modeled $62.2M · 2013-09-19Seed · modeled $68.4M · 2013-12-04Seed · modeled $177.6M · 2015-12-21Seed · modeled $18.6M · 2016-06-072016
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
10.1 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$2.4M/yr
Capital velocity
16.9 yr
On record since
2009
First round
10
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) 2.2× above median
This company$16.1M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$420K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$18.6M
Sector median$64.2M

Raised more than 65% of sector peers (real $). Modeled value above 27% 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 #158 of 175.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Kenjockety Biotechnology, LLC · Seed Raised $4.0M · modeled $177.6M (est)Mimedx Group, Inc. · Seed Raised $8.2M · modeled $177.6M (est)Helocyte, Inc. · Seed Raised $4.0M · modeled $177.5M (est)CytoDel, INC. · Seed Raised $4.1M · modeled $173.4M (est)Finch Therapeutics, Inc. · Seed Raised $4.5M · modeled $165.8M (est)Cordex Systems, Inc · Seed Raised $6.4M · modeled $164.2M (est)Viking Therapeutics, Inc. · Seed Raised $3.7M · modeled $162.3M (est)Escalier Biosciences B.V. · Seed Raised $3.5M · modeled $155.4M (est)Corino Therapeutics, Inc. · Seed Raised $3.5M · modeled $154.3M (est)BluDiagnostics, Inc. · Seed Raised $4.5M · modeled $151.0M (est)Captozyme Inc. · Seed Raised $3.4M · modeled $151.0M (est)FORGE Life Science, LLC · Seed Raised $3.6M · modeled $149.5M (est)Phaserx, Inc. (this company) Raised $16.1M · modeled $18.6M (est)Phaserx, Inc.
CompanyStageRaised · realValue · estvs peer med.
Kenjockety Biotechnology, LLCSeed$4.0M$177.6M2.50×
Mimedx Group, Inc.Seed$8.2M$177.6M2.50×
Helocyte, Inc.Seed$4.0M$177.5M2.50×
CytoDel, INC.Seed$4.1M$173.4M2.44×
Finch Therapeutics, Inc.Seed$4.5M$165.8M2.33×
Cordex Systems, IncSeed$6.4M$164.2M2.31×
Viking Therapeutics, Inc.Seed$3.7M$162.3M2.28×
Escalier Biosciences B.V.Seed$3.5M$155.4M2.19×
Corino Therapeutics, Inc.Seed$3.5M$154.3M2.17×
BluDiagnostics, Inc.Seed$4.5M$151.0M2.12×
Captozyme Inc.Seed$3.4M$151.0M2.12×
FORGE Life Science, LLCSeed$3.6M$149.5M2.10×
Phaserx, Inc. this companySeed$16.1M$18.6M0.26×
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.
Seed$1.2M2009-08-17$6.1M$54.0M90%
Pre-Seed$303K2009-08-17$1.7M$16.7M90%
Seed$3.6M2012-02-01$18.0M$159.9M90%
Seed$1.6M2012-07-02$8.0M$71.0M90%
Seed$1.5M2012-12-10$7.5M$66.6M90%
Seed$500K2013-06-28$2.5M$22.2M90%
Seed$1.4M2013-09-19$7.0M$62.2M90%
Seed$1.5M2013-12-04$7.7M$68.4M90%
Seed$4.0M2015-12-21$20.0M$177.6M90%
Seed$420K2016-06-07$2.1M$18.6M90%
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. Seed$1.2M2009-08-17
    • First recorded raise — entered as Seed.
  2. Pre-Seed$303K2009-08-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× smaller than the prior — bridge or down round.
  3. Seed$3.6M2012-02-01
    • Raised again after 30 mo — slower than the ~14 mo sector norm.
    • Round 11.9× larger than the prior — scaling up.
  4. Seed$1.6M2012-07-02
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
  5. Seed$1.5M2012-12-10
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  6. Seed$500K2013-06-28
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
  7. Seed$1.4M2013-09-19
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
  8. Seed$1.5M2013-12-04
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  9. Seed$4.0M2015-12-21
    • Raised again after 25 mo — slower than the ~14 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
  10. Seed$420K2016-06-07
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 9.5× smaller than the prior — bridge or down round.
Intelligence
2017 ~Q1
Modeled next raise · ~9mo cadence
$420K
Modeled next size est.range $420K$672K
0.1×
Last step-up
$2.4M/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
Steven Gillis22 other2009-08
Brian G. Atwood7 other2009-08
John D. Diekman3 other2009-08
Paul H. Johnson2 other2009-08
Andrew H. Leon2009-08
ANDREW W. LEON2012-12
BRIAN W. ATWOOD2012-12
John A. Schmidt2012-02
JOHN W. DIEKMAN2012-12
JOHN W. SCHMIDT2012-12
Michael W. Houston2015-12
Michelle W. Griffin2016-06
PAUL W. JOHNSON2012-12
Raymond H. Calvert2009-08
Richard W. Ulevitch2015-12
ROBERT W. OVERELL2009-08
Shing-Yin (Helen) W. Tsui2016-06
STEVEN W. GILLIS2009-08
Registry & provenance

Phaserx, 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
1429386
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.

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SynGen Inc.BiotechnologySeed$15.2M$17.8Msame sector · same stage
Intelomed, Inc.BiotechnologySeed$13.4M$22.3Msame sector · same stage
Helicos Biosciences CorpBiotechnologySeries A$10.0M$361.5Mnetwork1 shared operator · same sector
Ambrx IncBiotechnologySeries A$10.0M$361.5Mnetwork1 shared operator · same sector
Frequently asked
How much funding has Phaserx, Inc. raised?
Phaserx, Inc. has raised approximately $16.1M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Phaserx, Inc.'s estimated valuation?
Provath's modeled valuation for Phaserx, Inc. is approximately $18.6M (modeled range $302K–$146.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Phaserx, Inc. at?
Phaserx, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 07.
What does Phaserx, Inc. do and where is it based?
Phaserx, Inc. operates in the Biotechnology sector, based in SEATTLE.
Explore related

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