Companies · Biotech / Pharma

Platinum Biosciences, Inc.

Plano · Biotech / Pharma · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Platinum Biosciences, Inc. — recommendation, valuation, rhythm, risks.
$750K
Total raised · real
2
Rounds
2.0×
Latest step-up
Top 74%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Oct 10 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Platinum Biosciences, 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 biotech/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 5.00× the median modeled value of Pre-Seed Biotech / Pharma companies in 2019–2021 (15 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.7 yr ago; this sector typically re-raises about every 15 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 Biotech / Pharma

Platinum Biosciences, Inc. is one of 227 Biotech / Pharma companies tracked from Plano. By capital raised it ranks in the long tail (ahead of 27% 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
Rule 506(b)
Reg D exemption
14
Investors (latest)
2019
Year incorporated
2019-10-10
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$13M$25M$38M$50MPre-Seed · 2019-09-16 Raised $250K (real) Modeled valuation $13M (est)$250K$13MPre-Seed2019Pre-Seed · 2019-10-10 Raised $500K (real) Modeled valuation $26M (est)$500K$26MPre-Seed2019+$500KCumulative $750K

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$250K · 2019
Pre-Seed extension$500K · 2019

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

Modeled valuation trajectory
$25.6M
Base estimate est.
$273K
Conservative case
$290.1M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the biotech/pharma sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $12.8M · 2019-09-162019Pre-Seed · modeled $25.6M · 2019-10-102019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
25%
Survival probability
10% low · 45% high
1.83×/yr
Annual markup
2.48×/yr upside case
6.0 yr
Elapsed time used
6.7 yr actual, capped for stale marks
biotech/pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
6.8 yr
On record since
2019
First round
2
Rounds on file
How it compares to the market

Benchmarked against 227 companies in Biotech / Pharma. 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) 0.1× of median
This company$750K
Sector median$5.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.6× above median
This company$500K
Sector median$317K
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$25.6M
Sector median$30.5M

Raised more than 27% of sector peers (real $). Modeled value above 48% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #3 of 15.

This companyCohort peer
$1.0M$10.0M$100.0M$10K$100K$1.0M$10.0MCapital raised (log)AbX Biologics, Inc. · Pre-Seed Raised $1.0M · modeled $51.2M (est)BC Green Pharmaceuticals Inc. · Pre-Seed Raised $513K · modeled $26.3M (est)Anubis Bio Corp. · Pre-Seed Raised $300K · modeled $15.3M (est)Green Star Biosciences Inc. · Pre-Seed Raised $250K · modeled $12.8M (est)Nexus Biologics, SPC · Pre-Seed Raised $146K · modeled $7.5M (est)Petri Bio Inc. · Pre-Seed Raised $255K · modeled $6.1M (est)Cinder Biological, Inc. · Pre-Seed Raised $100K · modeled $5.1M (est)Luyef Biotechnologies Inc · Pre-Seed Raised $200K · modeled $4.6M (est)Desert Mountain Biosciences, LLC · Pre-Seed Raised $200K · modeled $4.5M (est)Cranbrook Biosciences, LLC · Pre-Seed Raised $200K · modeled $4.5M (est)Gaingels Aether Bio 2021 LLC · Pre-Seed Raised $194K · modeled $4.4M (est)Platinum Biosciences, Inc. (this company) Raised $750K · modeled $25.6M (est)Platinum Biosciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
AbX Biologics, Inc.Pre-Seed$1.0M$51.2M10.00×
BC Green Pharmaceuticals Inc.Pre-Seed$513K$26.3M5.13×
Platinum Biosciences, Inc. this companyPre-Seed$750K$25.6M5.00×
Anubis Bio Corp.Pre-Seed$300K$15.3M3.00×
Green Star Biosciences Inc.Pre-Seed$250K$12.8M2.50×
Nexus Biologics, SPCPre-Seed$146K$7.5M1.46×
Petri Bio Inc.Pre-Seed$255K$6.1M1.20×
Cinder Biological, Inc.Pre-Seed$100K$5.1M1.00×
Luyef Biotechnologies IncPre-Seed$200K$4.6M0.90×
Desert Mountain Biosciences, LLCPre-Seed$200K$4.5M0.88×
Cranbrook Biosciences, LLCPre-Seed$200K$4.5M0.88×
Gaingels Aether Bio 2021 LLCPre-Seed$194K$4.4M0.86×
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$250K2019-09-16$1.4M$12.8M90%
Pre-Seed$500K2019-10-10$2.8M$25.6M90%
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$250K2019-09-16
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$500K2019-10-10
    • Came back fast: 1 mo vs the ~15 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 14 investors on this round.
Intelligence
2019 ~Q4
Modeled next raise · ~1mo cadence
$1.0M
Modeled next size est.range $650K$1.6M
2.0×
Last step-up
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
Paul Williams17 other2019-09
Eric Hill3 other2019-09
Sheldon Robinson1 other2019-09
Glenn Chilcoat2019-09
Jimmy Petrick2019-09
Keath Hance2019-09
Rick Leslie2019-09
W. Paul Sullivan2019-09
Registry & provenance

Platinum Biosciences, 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
1797787
SEC CIK
2019
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
Pruven Industries IncManufacturing / IndustrialPre-Seed$300K$1.1Mnetwork2 shared operators · same stage
Nexion Biosciences IncBiotech / PharmaPre-Seed$814K$41.6Msame sector · same stage
Tychon Biosciences LLCBiotech / PharmaPre-Seed$671K$10.2Msame sector · same stage
Stratum Biosciences Inc.Biotech / PharmaPre-Seed$650K$1.1Msame sector · same stage
Pyros Pharmaceuticals, Inc.Biotech / PharmaPre-Seed$880K$8.1Msame sector · same stage
Synereca Pharmaceuticals, Inc.Biotech / PharmaPre-Seed$900K$30.7Msame sector · same stage
CyMon Bio, Inc.Biotech / PharmaPre-Seed$922K$5.4Msame sector · same stage
Solaris Vaccines, Inc.Biotech / PharmaPre-Seed$610K$999Ksame 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
Bond Biosciences, Inc.Biotech / PharmaSeries A$21.9M87%
Carbon Biosciences, Inc.Biotech / PharmaSeries B$743.9M84%
Slate Bio, Inc.Biotech / PharmaSeed$29.9M84%
Los Angeles Biosciences, Inc.Biotech / PharmaSeries A$16.3M84%
Olive Pharmacy, LLCBiotech / PharmaPre-Seed$5.1M83%
Ensysce Biosciences, Inc.Biotech / PharmaSeries A$7.8M83%
Coherus BioSciences, Inc.Biotech / PharmaSeries C$258.3M83%
Next Frontier Biosciences, LLCBiotech / PharmaSeed$34.0M83%
Frequently asked
How much funding has Platinum Biosciences, Inc. raised?
Platinum Biosciences, Inc. has raised approximately $750K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Platinum Biosciences, Inc.'s estimated valuation?
Provath's modeled valuation for Platinum Biosciences, Inc. is approximately $25.6M (modeled range $273K–$290.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Platinum Biosciences, Inc. at?
Platinum Biosciences, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Oct 10.
What does Platinum Biosciences, Inc. do and where is it based?
Platinum Biosciences, Inc. operates in the Biotech / Pharma sector, based in Plano.
Explore related

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

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