Companies · Other Health Care

Proteus Biomedical Inc

REDWOOD CITY · Other Health Care

Diligence memoA one-page analyst read on Proteus Biomedical Inc — recommendation, valuation, rhythm, risks.
$162.4M
Total raised · real
3
Rounds
6.8×
Latest step-up
Top 3%
Sector rank · raised
Series D+
Latest stage · inferred · Tue May 13 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Proteus Biomedical 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 health care 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 1.05× the median modeled value of Series D+ Other Health Care companies in 2013–2015 (16 peers) — value vs value, same stage and era.
  • Within the normal band (105% of peer median) for its niche.
Dormant
  • Last raise 12.1 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 Other Health Care

Proteus Biomedical Inc is one of 5376 Other Health Care companies tracked from REDWOOD CITY. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest 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 B · 2009-12-17 Raised $25M (real) Modeled valuation $564M (est)$25M$564MSeries B2009Series B · 2012-05-01 Raised $18M (real) Modeled valuation $388M (est)$18M$388MSeries B2012Series D+ · 2014-05-13 Raised $119M (real) Modeled valuation $2.7B (est)$119M$2.7BSeries D+2014+$18M+$119MCumulative $162M

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 B$25.4M · 2009
Series B extension$17.5M · 2012
Series D+$119.5M · 2014no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$2.7B
Base estimate est.
$636.5M
Conservative case
$6.0B
Upside case
$995.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series B · modeled $563.8M · 2009-12-172009Series B · modeled $387.7M · 2012-05-01Series D+ · modeled $2.7B · 2014-05-132014
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
64% low · 88% high
1.23×/yr
Annual markup
1.38×/yr upside case
6.0 yr
Elapsed time used
12.1 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$36.9M/yr
Capital velocity
16.5 yr
On record since
2009
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. 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) 67× above median
This company$162.4M
Sector median$2.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× of median
This company$119.5M
Sector median$123.0M
Modeled value — vs sector median (estimate, all stages) 124× above median
This company$2.7B
Sector median$22.1M

Raised more than 98% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #8 of 16.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0B$10.0M$100.0M$1.0BCapital raised (log)Onex TSG Holdings Corp. · Series D+ Raised $336.0M · modeled $7.7B (est)BVO Holdings, LLC · Series D+ Raised $335.8M · modeled $7.7B (est)Mdp Hc Holdings, Llc · Series D+ Raised $310.1M · modeled $7.1B (est)Amsurg Corp · Series D+ Raised $270.9M · modeled $6.2B (est)Greatbatch, Inc. · Series D+ Raised $247.2M · modeled $5.7B (est)Hc Group Holdings Iii, Inc. · Series D+ Raised $144.3M · modeled $3.3B (est)Diplomat Pharmacy, Inc. · Series D+ Raised $140.0M · modeled $3.2B (est)Mmi Holdings Inc · Series D+ Raised $109.0M · modeled $2.5B (est)Evolent Health LLC · Series D+ Raised $221.3M · modeled $2.3B (est)BioScrip, Inc. · Series D+ Raised $172.5M · modeled $1.4B (est)Envision Rx Options Holdings, Inc. · Series D+ Raised $144.5M · modeled $80.0M (est)Proteus Biomedical Inc (this company) Raised $162.4M · modeled $2.7B (est)Proteus Biomedical Inc
CompanyStageRaised · realValue · estvs peer med.
Onex TSG Holdings Corp.Series D+$336.0M$7.7B2.94×
BVO Holdings, LLCSeries D+$335.8M$7.7B2.94×
Mdp Hc Holdings, LlcSeries D+$310.1M$7.1B2.71×
Amsurg CorpSeries D+$270.9M$6.2B2.37×
Greatbatch, Inc.Series D+$247.2M$5.7B2.16×
Hc Group Holdings Iii, Inc.Series D+$144.3M$3.3B1.26×
Diplomat Pharmacy, Inc.Series D+$140.0M$3.2B1.23×
Proteus Biomedical Inc this companySeries D+$162.4M$2.7B1.05×
Mmi Holdings IncSeries D+$109.0M$2.5B0.95×
Evolent Health LLCSeries D+$221.3M$2.3B0.89×
BioScrip, Inc.Series D+$172.5M$1.4B0.55×
Envision Rx Options Holdings, Inc.Series D+$144.5M$80.0M0.03×
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 B$25.4M2009-12-17$141.4M$563.8M90%
Series B$17.5M2012-05-01$97.2M$387.7M90%
Series D+$119.5M2014-05-13$995.8M$2.7B90%
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 B$25.4M2009-12-17
    • First recorded raise — entered as Series B.
  2. Series B$17.5M2012-05-01
    • Raised again after 28 mo — slower than the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  3. Series D+$119.5M2014-05-13
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 6.8× larger than the prior — scaling up.
Intelligence
2016 ~Q3
Modeled next raise · ~26mo cadence
$358.5M
Modeled next size est.range $233.0M$573.6M
6.8×
Last step-up
$36.9M/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
Alan Levy6 other2009-12
Ryan Schwarz6 other2009-12
Immanuel Thangaraj5 other2009-12
Terry Gould5 other2009-12
Frank Fischer4 other2009-12
Todd Thompson3 other2009-12
Andrew Thompson2 other2009-12
Ben Pless1 other2009-12
George Savage1 other2009-12
Immanuel J. Thangaraj1 other2014-05
Alan J. Levy2014-05
Andrew M. Thompson2014-05
Anthony J. Levitan2014-05
Benjamin L. Costello2012-05
Ben M. Costello2014-05
David M. O'Reilly2014-05
David O'Reilly2009-12
Donald J. Cowling2014-05
Erika L. Karplus2012-05
Frank J. Fischer2014-05
George M. Savage2014-05
Jonathan J. Symonds2014-05
Joy Berberich2009-12
Lorenzo L. Di Carlo2012-05
Registry & provenance

Proteus Biomedical 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
1228295
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
IVXpress, Inc.Other Health CareSeries D+$164.0M$1.8Bsame sector · same stage
Allied Integral United, Inc.Other Health CareSeries D+$164.1M$3.8Bsame sector · same stage
BrightInsight, Inc.Other Health CareSeries D+$166.1M$2.0Bsame sector · same stage
NeuroPace IncOther Health CareSeries C$208.6M$1.5Bnetwork1 shared operator · same sector
Autonomic Technologies IncOther Health CareSeries C$125.6M$1.1Bnetwork1 shared operator · same sector
BioScrip, Inc.Other Health CareSeries D+$172.5M$1.4Bsame sector · same stage
Devicor Medical Products Group LlcOther Health CareSeries D+$151.5M$3.5Bsame sector · same stage
PG-ACP Holdings, L.P.Other Health CareSeries D+$176.0M$4.0Bsame sector · same stage
Frequently asked
How much funding has Proteus Biomedical Inc raised?
Proteus Biomedical Inc has raised approximately $162.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Proteus Biomedical Inc's estimated valuation?
Provath's modeled valuation for Proteus Biomedical Inc is approximately $2.7B (modeled range $636.5M–$6.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Proteus Biomedical Inc at?
Proteus Biomedical Inc's latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue May 13.
What does Proteus Biomedical Inc do and where is it based?
Proteus Biomedical Inc operates in the Other Health Care sector, based in REDWOOD CITY.
Explore related

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