Companies · Pharmaceuticals

Pneuma Respiratory, Inc.

BOONE · Pharmaceuticals

Diligence memoA one-page analyst read on Pneuma Respiratory, Inc. — recommendation, valuation, rhythm, risks.
$34.5M
Total raised · real
8
Rounds
1.0×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Mon Feb 10 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Pneuma Respiratory, Inc. looks fair against its niche peers and is quiet 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.

Fair
  • Modeled value is 0.80× the median modeled value of Series A Pharmaceuticals companies in 2025–2027 (37 peers) — value vs value, same stage and era.
  • Within the normal band (80% of peer median) for its niche.
Quiet
  • Last raise 17 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Pneuma Respiratory, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
8.3 yr record
Peak capital year was 2019 with $39.8M across 10 filings.
Market position
ahead of 76% of Pharmaceuticals peers
Capital scale is ahead of 76% of Pharmaceuticals peers; modeled value is above 21% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $39.8M across 10 filings.
  • Largest single filing was $8.1M on 2018-03-13.
  • Filing rows sum to $77.6M, while canonical raised total is $34.5M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Pneuma Respiratory, Inc. is one of 1613 Pharmaceuticals companies tracked from BOONE. By capital raised it ranks in the upper tier (ahead of 76% 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
Rule 506(b)
Reg D exemption
14
Investors (latest)
2025-02-10
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$125M$250M$375M$500MSeries A · 2018-03-13 Raised $6.0M (real) Modeled valuation $185M (est)Series A2018Series A · 2018-03-13 Raised $8.1M (real) Modeled valuation $251M (est)Series A · 2019-02-25 Raised $4.8M (real) Modeled valuation $148M (est)Series A2019Series A · 2019-02-25 Raised $4.8M (real) Modeled valuation $150M (est)Pre-Seed · 2019-02-25 Raised $494K (real) Modeled valuation $23M (est)Pre-Seed2019Series A · 2019-02-25 Raised $5.0M (real) Modeled valuation $155M (est)Series A · 2019-02-25 Raised $4.6M (real) Modeled valuation $142M (est)Series A2019Seed · 2019-02-25 Raised $2.8M (real) Modeled valuation $106M (est)Series A · 2019-07-15 Raised $5.0M (real) Modeled valuation $155M (est)Series A2019Pre-Seed · 2019-07-15 Raised $300K (real) Modeled valuation $14M (est)Series A · 2019-07-15 Raised $6.9M (real) Modeled valuation $214M (est)Series A2019Series A · 2019-07-15 Raised $5.1M (real) Modeled valuation $157M (est)Series A · 2020-06-18 Raised $438K (real) Modeled valuation $14M (est)Series A2020Series A · 2020-08-21 Raised $430K (real) Modeled valuation $13M (est)Series A · 2023-06-20 Raised $7.3M (real) Modeled valuation $60M (est)Series A2023Seed · 2024-11-29 Raised $3.0M (real) Modeled valuation $11M (est)Series A · 2024-11-29 Raised $3.0M (real) Modeled valuation $13M (est)Series A2024Series A · 2024-12-31 Raised $3.0M (real) Modeled valuation $12M (est)Series A · 2025-02-10 Raised $3.3M (real) Modeled valuation $13M (est)Series A2025Seed · 2025-02-10 Raised $3.3M (real) Modeled valuation $11M (est)Cumulative $78M

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 A$6.0M · 2018
Series A extension$8.1M · 2018
Series A extension$4.8M · 2019
Series A extension$4.8M · 2019
Bridge · Series A-stage$494K · 2019smaller follow-on
Series A extension$5.0M · 2019
Series A extension$4.6M · 2019
Bridge · Series A-stage$2.8M · 2019smaller follow-on
Series A extension$5.0M · 2019
Bridge · Series A-stage$300K · 2019smaller follow-on
Series A extension$6.9M · 2019
Series A extension$5.1M · 2019
Series A extension$438K · 2020
Series A extension$430K · 2020
Series A extension$7.3M · 2023
Bridge · Series A-stage$3.0M · 2024smaller follow-on
Series A extension$3.0M · 2024
Series A extension$3.0M · 2024
Series A extension$3.3M · 2025
Bridge · Series A-stage$3.3M · 2025smaller follow-on

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

Modeled valuation trajectory
$12.9M
Base estimate est.
$3.8M
Conservative case
$24.3M
Upside case
$15.0M
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 pharma sector profile. Directional, not a quoted figure.

Series A · modeled $185.3M · 2018-03-132018Series A · modeled $251.1M · 2018-03-13Series A · modeled $148.4M · 2019-02-25Series A · modeled $149.9M · 2019-02-25Pre-Seed · modeled $23.4M · 2019-02-25Series A · modeled $154.9M · 2019-02-25Series A · modeled $141.9M · 2019-02-25Seed · modeled $106.4M · 2019-02-25Series A · modeled $154.6M · 2019-07-15Pre-Seed · modeled $14.2M · 2019-07-15Series A · modeled $213.7M · 2019-07-15Series A · modeled $156.6M · 2019-07-15Series A · modeled $13.6M · 2020-06-18Series A · modeled $12.5M · 2020-08-21Series A · modeled $60.1M · 2023-06-20Seed · modeled $11.5M · 2024-11-29Series A · modeled $12.8M · 2024-11-29Series A · modeled $12.3M · 2024-12-31Series A · modeled $12.9M · 2025-02-10Seed · modeled $11.4M · 2025-02-102025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.57×/yr
Annual markup
1.97×/yr upside case
1.4 yr
Elapsed time used
1.4 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$5.0M/yr
Capital velocity
8.3 yr
On record since
2018
First round
20
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) 4.3× above median
This company$34.5M
Sector median$8.1M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$3.3M
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$12.9M
Sector median$76.1M

Raised more than 76% of sector peers (real $). Modeled value above 21% 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 #23 of 37.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Incannex Healthcare Inc. · Series A Raised $12.5M · modeled $47.3M (est)Retension Pharmaceuticals, Inc. · Series A Raised $22.4M · modeled $44.1M (est)Eikonoklastes Therapeutics, Inc. · Series A Raised $25.0M · modeled $43.9M (est)Phoenicis Therapeutics, Inc. · Series A Raised $23.8M · modeled $38.6M (est)Pharmaceutical Resource Technology, Inc. · Series A Raised $10.0M · modeled $37.5M (est)Cristcot LLC · Series A Raised $31.6M · modeled $37.4M (est)Akava Therapeutics Inc. · Series A Raised $30.1M · modeled $37.1M (est)Zetagen Therapeutics, Inc. · Series A Raised $26.1M · modeled $36.6M (est)Biofrontera Inc. · Series A Raised $58.4M · modeled $36.4M (est)D&D Pharmatech Inc. · Series A Raised $10.8M · modeled $36.0M (est)Incyclix Bio, LLC · Series A Raised $26.2M · modeled $35.4M (est)Pharmazz, Inc. · Series A Raised $31.7M · modeled $34.5M (est)Pneuma Respiratory, Inc. (this company) Raised $34.5M · modeled $12.9M (est)Pneuma Respiratory, Inc.
CompanyStageRaised · realValue · estvs peer med.
Incannex Healthcare Inc.Series A$12.5M$47.3M2.93×
Retension Pharmaceuticals, Inc.Series A$22.4M$44.1M2.73×
Eikonoklastes Therapeutics, Inc.Series A$25.0M$43.9M2.72×
Phoenicis Therapeutics, Inc.Series A$23.8M$38.6M2.39×
Pharmaceutical Resource Technology, Inc.Series A$10.0M$37.5M2.32×
Cristcot LLCSeries A$31.6M$37.4M2.32×
Akava Therapeutics Inc.Series A$30.1M$37.1M2.30×
Zetagen Therapeutics, Inc.Series A$26.1M$36.6M2.27×
Biofrontera Inc.Series A$58.4M$36.4M2.25×
D&D Pharmatech Inc.Series A$10.8M$36.0M2.23×
Incyclix Bio, LLCSeries A$26.2M$35.4M2.20×
Pharmazz, Inc.Series A$31.7M$34.5M2.14×
Pneuma Respiratory, Inc. this companySeries A$34.5M$12.9M0.80×
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 A$6.0M2018-03-13$27.2M$185.3M90%
Series A$8.1M2018-03-13$36.8M$251.1M90%
Series A$4.8M2019-02-25$21.8M$148.4M90%
Series A$4.8M2019-02-25$22.0M$149.9M90%
Pre-Seed$494K2019-02-25$2.7M$23.4M90%
Series A$5.0M2019-02-25$22.7M$154.9M90%
Series A$4.6M2019-02-25$20.8M$141.9M90%
Seed$2.8M2019-02-25$14.0M$106.4M90%
Series A$5.0M2019-07-15$22.7M$154.6M90%
Pre-Seed$300K2019-07-15$1.7M$14.2M90%
Series A$6.9M2019-07-15$31.4M$213.7M90%
Series A$5.1M2019-07-15$23.0M$156.6M90%
Series A$438K2020-06-18$2.0M$13.6M90%
Series A$430K2020-08-21$2.0M$12.5M90%
Series A$7.3M2023-06-20$33.4M$60.1M90%
Seed$3.0M2024-11-29$15.0M$11.5M90%
Series A$3.0M2024-11-29$13.6M$12.8M90%
Series A$3.0M2024-12-31$13.6M$12.3M90%
Series A$3.3M2025-02-10$15.0M$12.9M90%
Seed$3.3M2025-02-10$16.5M$11.4M90%
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 A$6.0M2018-03-13
    • First recorded raise — entered as Series A.
    • 38 investors on this round.
  2. Series A$8.1M2018-03-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 52 investors on this round.
  3. Series A$4.8M2019-02-25
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 32 investors on this round.
  4. Series A$4.8M2019-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 33 investors on this round.
  5. Pre-Seed$494K2019-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 9.8× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  6. Series A$5.0M2019-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 10.1× larger than the prior — scaling up.
    • 34 investors on this round.
  7. Series A$4.6M2019-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 29 investors on this round.
  8. Seed$2.8M2019-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  9. Series A$5.0M2019-07-15
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 19 investors on this round.
  10. Pre-Seed$300K2019-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 16.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  11. Series A$6.9M2019-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 23.0× larger than the prior — scaling up.
    • 36 investors on this round.
  12. Series A$5.1M2019-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  13. Series A$438K2020-06-18
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 11.5× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  14. Series A$430K2020-08-21
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 18 investors on this round.
  15. Series A$7.3M2023-06-20
    • Raised again after 34 mo — slower than the ~13 mo sector norm.
    • Round 17.1× larger than the prior — scaling up.
    • 68 investors on this round.
  16. Seed$3.0M2024-11-29
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 25 investors on this round.
  17. Series A$3.0M2024-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 26 investors on this round.
  18. Series A$3.0M2024-12-31
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 25 investors on this round.
  19. Series A$3.3M2025-02-10
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  20. Seed$3.3M2025-02-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~4mo cadence
$3.3M
Modeled next size est.range $3.3M$5.3M
1.0×
Last step-up
$5.0M/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
Walter L. Robb3 other2019-02
C. Eric Hunter2018-03
DOUGLAS E. SINGLETON2020-08
Douglas E. Stoner2018-03
FARNKH PHILLIP HAMEED2019-07
Farrukh E. Hameed2019-07
Farrukh Eric Hameed2020-06
Jay Phillip Morgan2018-03
J. KNOX MORGAN2020-08
J. Knox Singleton2019-02
Jocelyn E. Hunter2018-03
May Eric Shen2023-06
Richard A. Gimigliano2019-02
SALLY ERIC YANCHUS2019-07
Walter E. Robb2018-03
Wei E. Zheng2019-02
Registry & provenance

Pneuma Respiratory, 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
1701794
SEC CIK
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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
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Frequently asked
How much funding has Pneuma Respiratory, Inc. raised?
Pneuma Respiratory, Inc. has raised approximately $34.5M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Pneuma Respiratory, Inc.'s estimated valuation?
Provath's modeled valuation for Pneuma Respiratory, Inc. is approximately $12.9M (modeled range $3.8M–$24.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pneuma Respiratory, Inc. at?
Pneuma Respiratory, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Feb 10.
What does Pneuma Respiratory, Inc. do and where is it based?
Pneuma Respiratory, Inc. operates in the Pharmaceuticals sector, based in BOONE.
Explore related

See where Pneuma Respiratory, 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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