Companies · Biotechnology

Reata Pharmaceuticals Inc

PLANO · Biotechnology

Diligence memoA one-page analyst read on Reata Pharmaceuticals Inc — recommendation, valuation, rhythm, risks.
$368.9M
Total raised · real
4
Rounds
0.2×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Jun 24 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Reata 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 biotech 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 0.49× the median modeled value of Series D+ Biotechnology companies in 2019–2021 (58 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.0 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

Reata Pharmaceuticals Inc is one of 4293 Biotechnology companies tracked from PLANO. By capital raised it ranks among the largest (ahead of 99% 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
Rule 506(b)
Reg D exemption
2
Investors (latest)
2020-06-24
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$5.0B$10.0B$15.0B$20.0BSeries B · 2009-09-15 Raised $17M (real) Modeled valuation $674M (est)$17M$674MSeries B2009Series B · 2009-09-15 Raised $17M (real) Modeled valuation $674M (est)$17M$674MSeries B2009Series B · 2010-02-15 Raised $2.0M (real) Modeled valuation $78M (est)$2.0M$78MSeries B2010Series D+ · 2010-11-10 Raised $300M (real) Modeled valuation $12.4B (est)$300M$12.4BSeries D+2010Series D+ · 2020-06-24 Raised $50M (real) Modeled valuation $2.1B (est)$50M$2.1BSeries D+2020+$17M+$2.0M+$300M+$50MCumulative $386M

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$17.0M · 2009
Series B extension$17.0M · 2009
Series B extension$2.0M · 2010
Series D+$300.0M · 2010no Series C on file
Series D+ extension$50.0M · 2020

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
$2.1B
Base estimate est.
$226.7M
Conservative case
$4.5B
Upside case
$416.7M
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 biotech sector profile. Directional, not a quoted figure.

Series B · modeled $673.8M · 2009-09-152009Series B · modeled $673.8M · 2009-09-15Series B · modeled $78.3M · 2010-02-15Series D+ · modeled $12.4B · 2010-11-10Series D+ · modeled $2.1B · 2020-06-242020
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
54% low · 75% high
1.39×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$34.2M/yr
Capital velocity
16.8 yr
On record since
2009
First round
5
Rounds on file
How it compares to the market

Benchmarked against 4293 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) 51× above median
This company$368.9M
Sector median$7.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.4× of median
This company$50.0M
Sector median$120.0M
Modeled value — vs sector median (estimate, all stages) 32× above median
This company$2.1B
Sector median$64.2M

Raised more than 99% of sector peers (real $). Modeled value above 95% 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 #53 of 58.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Sarepta Therapeutics, Inc. · Series D+ Raised $430.5M · modeled $16.5B (est)Asklepios BioPharmaceutical, Inc. · Series D+ Raised $199.7M · modeled $8.2B (est)Affinivax, Inc. · Series D+ Raised $233.0M · modeled $7.8B (est)Sonoma Biotherapeutics, Inc. · Series D+ Raised $265.0M · modeled $7.7B (est)Instil Bio, Inc. · Series D+ Raised $381.2M · modeled $6.5B (est)Umoja Biopharma, Inc. · Series D+ Raised $210.0M · modeled $6.3B (est)NiKang Therapeutics, Inc. · Series D+ Raised $200.0M · modeled $6.2B (est)Insitro, Inc. · Series D+ Raised $143.2M · modeled $5.9B (est)Arbor Biotechnologies, Inc. · Series D+ Raised $230.6M · modeled $5.7B (est)VelosBio Inc. · Series D+ Raised $210.5M · modeled $5.6B (est)Erasca, Inc. · Series D+ Raised $183.7M · modeled $5.2B (est)Allovir, Inc. · Series D+ Raised $151.3M · modeled $5.0B (est)Reata Pharmaceuticals Inc (this company) Raised $368.9M · modeled $2.1B (est)Reata Pharmaceuticals Inc
CompanyStageRaised · realValue · estvs peer med.
Sarepta Therapeutics, Inc.Series D+$430.5M$16.5B3.92×
Asklepios BioPharmaceutical, Inc.Series D+$199.7M$8.2B1.96×
Affinivax, Inc.Series D+$233.0M$7.8B1.87×
Sonoma Biotherapeutics, Inc.Series D+$265.0M$7.7B1.82×
Instil Bio, Inc.Series D+$381.2M$6.5B1.54×
Umoja Biopharma, Inc.Series D+$210.0M$6.3B1.51×
NiKang Therapeutics, Inc.Series D+$200.0M$6.2B1.46×
Insitro, Inc.Series D+$143.2M$5.9B1.40×
Arbor Biotechnologies, Inc.Series D+$230.6M$5.7B1.36×
VelosBio Inc.Series D+$210.5M$5.6B1.34×
Erasca, Inc.Series D+$183.7M$5.2B1.23×
Allovir, Inc.Series D+$151.3M$5.0B1.19×
Reata Pharmaceuticals Inc this companySeries D+$368.9M$2.1B0.49×
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$17.0M2009-09-15$94.3M$673.8M85%
Series B$17.0M2009-09-15$94.3M$673.8M85%
Series B$2.0M2010-02-15$11.0M$78.3M85%
Series D+$300.0M2010-11-10$2.5B$12.4B85%
Series D+$50.0M2020-06-24$416.7M$2.1B90%
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$17.0M2009-09-15
    • First recorded raise — entered as Series B.
    • 30 investors on this round.
  2. Series B$17.0M2009-09-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 30 investors on this round.
  3. Series B$2.0M2010-02-15
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 8.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series D+$300.0M2010-11-10
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 152.1× larger than the prior — scaling up.
    • 1 investor on this round.
  5. Series D+$50.0M2020-06-24
    • Raised again after 115 mo — slower than the ~14 mo sector norm.
    • Round 6.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~32mo cadence
$50.0M
Modeled next size est.range $50.0M$80.0M
0.2×
Last step-up
$34.2M/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
Jack B. Nielsen5 other2009-09
Charles A. Sanders2 other2009-09
Casi M. DeYoung2010-11
Catherine M. Fanning2010-11
Colin A. Meyer2009-09
Colin J. Meyer, M.D.2020-06
Colin W. Meyer2010-11
Dawn C. Bir2020-06
Dennis B. Stone2009-09
Edward W. Rose2009-09
Eric Christian Grossman2009-09
James B. Bass2009-09
James E. Bass2020-06
Jason D. Wilson2009-09
J. Kent McGaughy, Jr.2020-06
John M. Walling2009-09
J. Warren Huff2009-09
Kent Christian McGaughy2009-09
Manmeet S. Soni2020-06
Melean M. Visnick2009-09
Melissa A. Krauth2009-09
Melissa W. Krauth2010-11
Michael D. Wortley2020-06
Nancy M. Wysenski2010-11
Registry & provenance

Reata 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
1358762
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
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Cidara Therapeutics, Inc.BiotechnologySeries D+$349.1M$2.8Bsame sector · same stage
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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
Rebiotix Inc.BiotechnologySeries B$338.0M92%
Rejuvitas, Inc.BiotechnologySeries A$63.6M89%
Remunix, Inc.BiotechnologySeries B$129.4M89%
Remedium Bio Inc.BiotechnologySeries A$83.8M88%
Recida Therapeutics, Inc.BiotechnologySeries A$204.9M87%
Relmada Therapeutics, Inc.BiotechnologySeries A$29.9M87%
Rebalance Health, Inc.BiotechnologySeries A$58.9M87%
Renata Medical, Inc.BiotechnologySeries A$163.9M87%
Frequently asked
How much funding has Reata Pharmaceuticals Inc raised?
Reata Pharmaceuticals Inc has raised approximately $368.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Reata Pharmaceuticals Inc's estimated valuation?
Provath's modeled valuation for Reata Pharmaceuticals Inc is approximately $2.1B (modeled range $226.7M–$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 Reata Pharmaceuticals Inc at?
Reata Pharmaceuticals Inc's latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Jun 24.
What does Reata Pharmaceuticals Inc do and where is it based?
Reata Pharmaceuticals Inc operates in the Biotechnology sector, based in PLANO.
Explore related

See where Reata Pharmaceuticals 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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