Companies · Biotechnology

Propagenix Inc.

Gaithersburg · Biotechnology

Diligence memoA one-page analyst read on Propagenix Inc. — recommendation, valuation, rhythm, risks.
$8.8M
Total raised · real
2
Rounds
2.8×
Latest step-up
Top 47%
Sector rank · raised
Series A
Latest stage · inferred · Fri Mar 18 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Propagenix Inc. 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 1.11× the median modeled value of Series A Biotechnology companies in 2016–2018 (157 peers) — value vs value, same stage and era.
  • Within the normal band (111% of peer median) for its niche.
Dormant
  • Last raise 10.3 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

Propagenix Inc. is one of 4291 Biotechnology companies tracked from Gaithersburg. By capital raised it ranks mid-pack (ahead of 54% 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$125M$250M$375M$500MSeed · 2014-04-07 Raised $2.3M (real) Modeled valuation $102M (est)$2.3M$102MSeed2014Series A · 2016-03-18 Raised $6.5M (real) Modeled valuation $235M (est)$6.5M$235MSeries A2016+$6.5MCumulative $8.8M

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$2.3M · 2014
Series A$6.5M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$235.0M
Base estimate est.
$7.1M
Conservative case
$1.3B
Upside case
$29.5M
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 biotech sector profile. Directional, not a quoted figure.

Seed · modeled $102.1M · 2014-04-072014Series A · modeled $235.0M · 2016-03-182016
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
10.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$4.5M/yr
Capital velocity
12.2 yr
On record since
2014
First round
2
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) 1.2× above median
This company$8.8M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.2× above median
This company$6.5M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 3.7× above median
This company$235.0M
Sector median$64.2M

Raised more than 54% of sector peers (real $). Modeled value above 74% 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 #64 of 157.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Cynvec LLC · Series A Raised $17.4M · modeled $542.3M (est)Anthera Pharmaceuticals Inc · Series A Raised $15.0M · modeled $542.3M (est)Bio-Dent, LTD. LLC · Series A Raised $15.0M · modeled $542.3M (est)Biothera Holding Corp. · Series A Raised $16.2M · modeled $529.3M (est)Limelight Bio, Inc. · Series A Raised $14.0M · modeled $506.2M (est)Overture Life, Inc. · Series A Raised $13.6M · modeled $491.7M (est)TAI Diagnostics, Inc. · Series A Raised $21.1M · modeled $463.8M (est)Occulo Holdings LLC · Series A Raised $12.8M · modeled $462.7M (est)Agilis Biotherapeutics, Inc. · Series A Raised $25.7M · modeled $458.0M (est)CAMBRIDGE EPIGENETIX Ltd · Series A Raised $12.3M · modeled $444.4M (est)Genten Therapeutics, Inc. · Series A Raised $12.0M · modeled $433.8M (est)LTC BioSciences, Inc · Series A Raised $12.0M · modeled $433.8M (est)Propagenix Inc. (this company) Raised $8.8M · modeled $235.0M (est)Propagenix Inc.
CompanyStageRaised · realValue · estvs peer med.
Cynvec LLCSeries A$17.4M$542.3M2.57×
Anthera Pharmaceuticals IncSeries A$15.0M$542.3M2.57×
Bio-Dent, LTD. LLCSeries A$15.0M$542.3M2.57×
Biothera Holding Corp.Series A$16.2M$529.3M2.51×
Limelight Bio, Inc.Series A$14.0M$506.2M2.40×
Overture Life, Inc.Series A$13.6M$491.7M2.33×
TAI Diagnostics, Inc.Series A$21.1M$463.8M2.20×
Occulo Holdings LLCSeries A$12.8M$462.7M2.19×
Agilis Biotherapeutics, Inc.Series A$25.7M$458.0M2.17×
CAMBRIDGE EPIGENETIX LtdSeries A$12.3M$444.4M2.11×
Genten Therapeutics, Inc.Series A$12.0M$433.8M2.06×
LTC BioSciences, IncSeries A$12.0M$433.8M2.06×
Propagenix Inc. this companySeries A$8.8M$235.0M1.11×
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$2.3M2014-04-07$11.5M$102.1M90%
Series A$6.5M2016-03-18$29.5M$235.0M90%
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$2.3M2014-04-07
    • First recorded raise — entered as Seed.
  2. Series A$6.5M2016-03-18
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
Intelligence
2018 ~Q1
Modeled next raise · ~23mo cadence
$18.4M
Modeled next size est.range $11.9M$29.4M
2.8×
Last step-up
$4.5M/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
David Ross4 other2014-04
John Kontor1 other2016-03
Brian Pollok2014-04
Edward Maker2014-04
Greg Betterton2016-03
Sharon Challberg2016-03
Wlodek Krawiec2016-03
Registry & provenance

Propagenix 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
1605963
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
Dialectic Therapeutics, Inc.BiotechnologySeries A$8.8M$184.0Msame sector · same stage
ViTToria Biotherapeutics, Inc.BiotechnologySeries A$8.7M$187.9Msame sector · same stage
Jayhawk Holdings, LPBiotechnologySeries A$8.6M$270.9Msame sector · same stage
Basecamp Bio Inc.BiotechnologySeries A$9.0M$229.4Msame sector · same stage
Coridea NC1, Inc.BiotechnologySeries A$9.0M$180.8Msame sector · same stage
DxNA LLCBiotechnologySeries A$9.0M$166.5Msame sector · same stage
Metera Pharmaceuticals Inc.BiotechnologySeries A$8.6M$309.1Msame sector · same stage
Checkpoint Surgical, LLCBiotechnologySeries A$9.2M$269.9Msame sector · same stage
Frequently asked
How much funding has Propagenix Inc. raised?
Propagenix Inc. has raised approximately $8.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Propagenix Inc.'s estimated valuation?
Provath's modeled valuation for Propagenix Inc. is approximately $235.0M (modeled range $7.1M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Propagenix Inc. at?
Propagenix Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Mar 18.
What does Propagenix Inc. do and where is it based?
Propagenix Inc. operates in the Biotechnology sector, based in Gaithersburg.
Explore related

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

Is this your company?

If you work at Propagenix Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.