Companies · Biotechnology

Raindance Technologies Inc

Billerica · Biotechnology

Diligence memoA one-page analyst read on Raindance Technologies Inc — recommendation, valuation, rhythm, risks.
$105.7M
Total raised · real
4
Rounds
0.5×
Latest step-up
Top 10%
Sector rank · raised
Series C
Latest stage · inferred · Fri Apr 12 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Raindance Technologies 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 0.76× the median modeled value of Series C Biotechnology companies in 2013–2015 (41 peers) — value vs value, same stage and era.
  • Within the normal band (76% of peer median) for its niche.
Dormant
  • Last raise 13.2 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

Raindance Technologies Inc is one of 4291 Biotechnology companies tracked from Billerica. By capital raised it ranks among the largest (ahead of 91% 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$500M$1.0B$1.5B$2.0BSeries A · 2009-04-24 Raised $6.0M (real) Modeled valuation $217M (est)$6.0M$217MSeries A2009Series B · 2011-01-24 Raised $37M (real) Modeled valuation $1.5B (est)$37M$1.5BSeries B2011Series C · 2013-04-12 Raised $42M (real) Modeled valuation $1.7B (est)$42M$1.7BSeries C2013Series B · 2013-04-12 Raised $20M (real) Modeled valuation $807M (est)$20M$807MSeries B2013+$37M+$42M+$20MCumulative $106M

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 · 2009
Series B$37.5M · 2011
Series C$41.9M · 2013
Bridge · Series C-stage$20.3M · 2013smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$1.7B
Base estimate est.
$129.8M
Conservative case
$4.5B
Upside case
$279.7M
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 biotech sector profile. Directional, not a quoted figure.

Series A · modeled $216.9M · 2009-04-242009Series B · modeled $1.5B · 2011-01-24Series C · modeled $1.7B · 2013-04-12Series B · modeled $806.9M · 2013-04-122013
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
6.0 yr
Elapsed time used
13.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$26.7M/yr
Capital velocity
17.2 yr
On record since
2009
First round
4
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) 15× above median
This company$105.7M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$20.3M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 27× above median
This company$1.7B
Sector median$64.2M

Raised more than 91% of sector peers (real $). Modeled value above 93% 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 #34 of 41.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Antigenics LLC/DE · Series C Raised $100.0M · modeled $4.1B (est)Naurex Inc. · Series C Raised $156.0M · modeled $3.3B (est)Fluidigm Corp · Series C Raised $111.0M · modeled $3.1B (est)Tengion Inc · Series C Raised $121.7M · modeled $3.0B (est)Spark Therapeutics, Inc. · Series C Raised $72.8M · modeled $3.0B (est)X-Co Holdings, LP · Series C Raised $71.0M · modeled $2.9B (est)REGENXBIO Inc. · Series C Raised $105.9M · modeled $2.9B (est)C4 Therapeutics, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intra-Cellular Therapies, Inc. · Series C Raised $70.3M · modeled $2.9B (est)Intellia Therapeutics, Inc. · Series C Raised $70.0M · modeled $2.9B (est)Chiasma Inc · Series C Raised $150.5M · modeled $2.9B (est)AveXis, Inc. · Series C Raised $65.0M · modeled $2.7B (est)Raindance Technologies Inc (this company) Raised $105.7M · modeled $1.7B (est)Raindance Technologies Inc
CompanyStageRaised · realValue · estvs peer med.
Antigenics LLC/DESeries C$100.0M$4.1B1.81×
Naurex Inc.Series C$156.0M$3.3B1.45×
Fluidigm CorpSeries C$111.0M$3.1B1.39×
Tengion IncSeries C$121.7M$3.0B1.34×
Spark Therapeutics, Inc.Series C$72.8M$3.0B1.32×
X-Co Holdings, LPSeries C$71.0M$2.9B1.29×
REGENXBIO Inc.Series C$105.9M$2.9B1.28×
C4 Therapeutics, Inc.Series C$70.3M$2.9B1.27×
Intra-Cellular Therapies, Inc.Series C$70.3M$2.9B1.27×
Intellia Therapeutics, Inc.Series C$70.0M$2.9B1.27×
Chiasma IncSeries C$150.5M$2.9B1.26×
AveXis, Inc.Series C$65.0M$2.7B1.18×
Raindance Technologies Inc this companySeries C$105.7M$1.7B0.76×
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$6.0M2009-04-24$27.3M$216.9M90%
Series B$37.5M2011-01-24$208.1M$1.5B90%
Series C$41.9M2013-04-12$279.7M$1.7B90%
Series B$20.3M2013-04-12$112.9M$806.9M90%
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$6.0M2009-04-24
    • First recorded raise — entered as Series A.
  2. Series B$37.5M2011-01-24
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round 6.2× larger than the prior — scaling up.
  3. Series C$41.9M2013-04-12
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  4. Series B$20.3M2013-04-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q3
Modeled next raise · ~16mo cadence
$20.3M
Modeled next size est.range $20.3M$32.5M
0.5×
Last step-up
$26.7M/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
P. Sherrill Neff7 other2013-04
William Ericson5 other2009-04
David Weitz3 other2009-04
Michael Hunkapiller3 other2009-04
Robert Cunningham3 other2009-04
Sirshendu Roopom Banerjee2 other2011-01
Darren Link1 other2009-04
Sherill P. Neff1 other2011-01
Alan B. Sherr2011-01
Alan R. Sherr2013-04
Alfred G. Merriweather2013-04
Andrew L. Watson2013-04
Christopher D McNary2009-04
Darren R. Link2011-01
Jeffrey B. Samberg2011-01
Jeffrey G. Samberg2013-04
Jeffrey R. Samberg2013-04
Jonathan Rothberg2009-04
Laura L. Deming2013-04
Michael B. Hunkapillar2011-01
Michael B. Olex2011-01
Michael G. Hunkapillar2013-04
Michael Olex2009-04
Michael R. Hunkapillar2013-04
Registry & provenance

Raindance Technologies 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
1391950
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
Fluidigm CorpBiotechnologySeries C$111.0M$3.1Bnetwork1 shared operator · same sector · same stage
Glympse Bio, Inc.BiotechnologySeries C$114.0M$324.7Mnetwork1 shared operator · same sector · same stage
Cardiodx IncBiotechnologySeries C$174.0M$742.4Mnetwork1 shared operator · same sector · same stage
Verinata Health IncBiotechnologySeries C$56.2M$30.7Mnetwork1 shared operator · same sector · same stage
Mobilion Systems, Inc.BiotechnologySeries C$105.1M$1.7Bsame sector · same stage
InforMed Data Systems Inc.BiotechnologySeries C$106.9M$1.3Bsame sector · same stage
Aardvark Therapeutics, Inc.BiotechnologySeries C$103.1M$807.3Msame sector · same stage
Escient Pharmaceuticals IncBiotechnologySeries C$108.8M$994.9Msame sector · same stage
Frequently asked
How much funding has Raindance Technologies Inc raised?
Raindance Technologies Inc has raised approximately $105.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Raindance Technologies Inc's estimated valuation?
Provath's modeled valuation for Raindance Technologies Inc is approximately $1.7B (modeled range $129.8M–$4.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Raindance Technologies Inc at?
Raindance Technologies Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Apr 12.
What does Raindance Technologies Inc do and where is it based?
Raindance Technologies Inc operates in the Biotechnology sector, based in Billerica.
Explore related

See where Raindance Technologies 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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