Companies · Pharmaceuticals

Portola Pharmaceuticals Inc

SOUTH SAN FRANCISCO · Pharmaceuticals

Diligence memoA one-page analyst read on Portola Pharmaceuticals Inc — recommendation, valuation, rhythm, risks.
$158.1M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Wed Dec 07 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Portola Pharmaceuticals 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 pharma 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 0.18× the median modeled value of Series C Pharmaceuticals companies in 2010–2012 (12 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.6 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

Portola Pharmaceuticals Inc is one of 1613 Pharmaceuticals companies tracked from SOUTH SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier 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$1.3B$2.5B$3.8B$5.0BSeries C · 2008-07-09 Raised $60M (real) Modeled valuation $2.1B (est)$60M$2.1BSeries C2008Series C · 2011-11-18 Raised $89M (real) Modeled valuation $3.1B (est)$89M$3.1BSeries C2011Series C · 2011-12-07 Raised $9.0M (real) Modeled valuation $316M (est)$9.0M$316MSeries C2011+$89M+$9.0MCumulative $158M

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 C$60.1M · 2008
Series C extension$89.0M · 2011
Series C extension$9.0M · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$315.8M
Base estimate est.
$29.2M
Conservative case
$832.1M
Upside case
$60.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series C · modeled $2.1B · 2008-07-092008Series C · modeled $3.1B · 2011-11-18Series C · modeled $315.8M · 2011-12-072011
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
6.0 yr
Elapsed time used
14.6 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$46.3M/yr
Capital velocity
18.0 yr
On record since
2008
First round
3
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) 20× above median
This company$158.1M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$9.0M
Sector median$46.4M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$315.8M
Sector median$76.1M

Raised more than 95% of sector peers (real $). Modeled value above 76% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #11 of 12.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Acadia Pharmaceuticals Inc · Series C Raised $107.5M · modeled $3.0B (est)Agios Pharmaceuticals Inc · Series C Raised $86.8M · modeled $2.7B (est)Merrimack Pharmaceuticals Inc · Series C Raised $77.0M · modeled $2.7B (est)PCAS Patient Care Automation Services Inc. · Series C Raised $77.0M · modeled $2.5B (est)China Medicine Corp · Series C Raised $69.6M · modeled $2.4B (est)Brickell Bay Acquisition Corp. · Series C Raised $52.4M · modeled $1.8B (est)Achillion Pharmaceuticals Inc · Series C Raised $50.1M · modeled $1.8B (est)Aragon Pharmaceuticals, Inc. · Series C Raised $141.5M · modeled $1.8B (est)Zogenix Inc · Series C Raised $131.2M · modeled $526.4M (est)Global Pharm Holdings Group, Inc. · Series C Raised $66.0M · modeled $350.9M (est)Aveo Pharmaceuticals Inc · Series C Raised $98.2M · modeled $263.2M (est)Portola Pharmaceuticals Inc (this company) Raised $158.1M · modeled $315.8M (est)Portola Pharmaceuticals Inc
CompanyStageRaised · realValue · estvs peer med.
Acadia Pharmaceuticals IncSeries C$107.5M$3.0B1.69×
Agios Pharmaceuticals IncSeries C$86.8M$2.7B1.52×
Merrimack Pharmaceuticals IncSeries C$77.0M$2.7B1.50×
PCAS Patient Care Automation Services Inc.Series C$77.0M$2.5B1.37×
China Medicine CorpSeries C$69.6M$2.4B1.36×
Brickell Bay Acquisition Corp.Series C$52.4M$1.8B1.02×
Achillion Pharmaceuticals IncSeries C$50.1M$1.8B0.98×
Aragon Pharmaceuticals, Inc.Series C$141.5M$1.8B0.98×
Zogenix IncSeries C$131.2M$526.4M0.29×
Global Pharm Holdings Group, Inc.Series C$66.0M$350.9M0.20×
Portola Pharmaceuticals Inc this companySeries C$158.1M$315.8M0.18×
Aveo Pharmaceuticals IncSeries C$98.2M$263.2M0.15×
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 C$60.1M2008-07-09$400.7M$2.1B90%
Series C$89.0M2011-11-18$593.1M$3.1B90%
Series C$9.0M2011-12-07$60.0M$315.8M90%
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 C$60.1M2008-07-09
    • First recorded raise — entered as Series C.
  2. Series C$89.0M2011-11-18
    • Raised again after 40 mo — slower than the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
  3. Series C$9.0M2011-12-07
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 9.9× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q3
Modeled next raise · ~20mo cadence
$9.0M
Modeled next size est.range $9.0M$14.4M
0.1×
Last step-up
$46.3M/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
James Topper11 other2011-11
Russell Hirsch9 other2008-07
JEFF BIRD6 other2008-07
Jean George5 other2008-07
Nicholas Galakatos5 other2008-07
Alan Frazier4 other2008-07
Farah Champsi4 other2008-07
Charles Homcy3 other2008-07
David R. Phillips2008-07
Henry Ward Wolff2008-07
Hollings Ward Renton2011-11
Jean-Jacques Bienaime2011-11
Mardi Dier2008-07
Pamela Green2008-07
Peggy Phillips2008-07
William Lis2011-11
Registry & provenance

Portola Pharmaceuticals 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
1269021
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
Aveo Pharmaceuticals IncPharmaceuticalsSeries C$98.2M$263.2Mnetwork2 shared operators · same sector · same stage
Enlaza Therapeutics, Inc.PharmaceuticalsSeries C$134.6M$87.7Mnetwork1 shared operator · same sector · same stage
Millendo Therapeutics, Inc.PharmaceuticalsSeries C$106.5M$1.8Bnetwork1 shared operator · same sector · same stage
Allena Pharmaceuticals, Inc.PharmaceuticalsSeries C$80.5M$75.1Mnetwork1 shared operator · same sector · same stage
Trevena IncPharmaceuticalsSeries C$77.5M$2.1Bnetwork1 shared operator · same sector · same stage
Anaptysbio IncPharmaceuticalsSeries C$50.8M$1.4Bnetwork1 shared operator · same sector · same stage
Reneo Pharmaceuticals, Inc.PharmaceuticalsSeries C$159.4M$519.8Msame sector · same stage
Cambrian BioPharma IncPharmaceuticalsSeries C$148.4M$293.3Msame sector · same stage
Frequently asked
How much funding has Portola Pharmaceuticals Inc raised?
Portola Pharmaceuticals Inc has raised approximately $158.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Portola Pharmaceuticals Inc's estimated valuation?
Provath's modeled valuation for Portola Pharmaceuticals Inc is approximately $315.8M (modeled range $29.2M–$832.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Portola Pharmaceuticals Inc at?
Portola Pharmaceuticals Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Dec 07.
What does Portola Pharmaceuticals Inc do and where is it based?
Portola Pharmaceuticals Inc operates in the Pharmaceuticals sector, based in SOUTH SAN FRANCISCO.
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