Companies · Pharmaceuticals

RedHill Biopharma Ltd.

TEL AVIV · Pharmaceuticals

Diligence memoA one-page analyst read on RedHill Biopharma Ltd. — recommendation, valuation, rhythm, risks.
$72.5M
Total raised · real
6
Rounds
2.5×
Latest step-up
Top 14%
Sector rank · raised
Series C
Latest stage · inferred · Thu Jan 25 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

RedHill Biopharma Ltd. looks under-valued against its niche peers and is at-risk 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 2022–2024 (30 peers) — value vs value, same stage and era.
  • Issuer reports $5M–$25M revenue while modeled below niche peers.
At-risk
  • Last raise 2.4 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

RedHill Biopharma Ltd. is one of 1613 Pharmaceuticals companies tracked from TEL AVIV. By capital raised it ranks in the upper tier (ahead of 87% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
5
Investors (latest)
2024-01-25
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$500M$1.0B$1.5B$2.0BSeed · 2013-12-31 Raised $2.5M (real) Modeled valuation $95M (est)$2.5M$95MSeed2013Series C · 2019-10-22 Raised $48M (real) Modeled valuation $1.7B (est)$48M$1.7BSeries C2019Series C · 2021-11-08 Raised $5.0M (real) Modeled valuation $110M (est)$5.0M$110MSeries C2021Series C · 2023-07-21 Raised $2.7M (real) Modeled valuation $33M (est)$2.7M$33MSeries C2023Series C · 2023-09-28 Raised $4.0M (real) Modeled valuation $46M (est)$4.0M$46MSeries C2023Series C · 2024-01-25 Raised $10M (real) Modeled valuation $102M (est)$10M$102MSeries C2024+$48M+$5.0M+$2.7M+$4.0M+$10MCumulative $73M

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$2.5M · 2013
Series C$48.3M · 2019no Series A / Series B on file
Series C extension$5.0M · 2021
Series C extension$2.7M · 2023
Series C extension$4.0M · 2023
Series C extension$10.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-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: 40%.

Modeled valuation trajectory
$101.7M
Base estimate est.
$32.5M
Conservative case
$164.1M
Upside case
$66.7M
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 pharma sector profile. Directional, not a quoted figure.

Seed · modeled $95.1M · 2013-12-312013Series C · modeled $1.7B · 2019-10-22Series C · modeled $109.6M · 2021-11-08Series C · modeled $32.8M · 2023-07-21Series C · modeled $46.1M · 2023-09-28Series C · modeled $101.7M · 2024-01-252024
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
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$7.2M/yr
Capital velocity
12.5 yr
On record since
2013
First round
6
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) 9.0× above median
This company$72.5M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$10.0M
Sector median$46.4M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$101.7M
Sector median$76.1M

Raised more than 87% of sector peers (real $). Modeled value above 55% 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 #27 of 30.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Vigil Neuroscience, Inc. · Series C Raised $215.0M · modeled $1.3B (est)Leap Therapeutics, Inc. · Series C Raised $105.1M · modeled $1.1B (est)Alimera Sciences Inc · Series C Raised $173.8M · modeled $1.1B (est)VYNE Therapeutics Inc. · Series C Raised $139.5M · modeled $972.1M (est)Lusaris Therapeutics, Inc. · Series C Raised $60.2M · modeled $955.7M (est)Context Therapeutics Inc. · Series C Raised $100.0M · modeled $923.0M (est)Enliven Therapeutics, Inc. · Series C Raised $140.1M · modeled $867.9M (est)Tenax Therapeutics, Inc. · Series C Raised $138.4M · modeled $841.5M (est)Faraday Pharmaceuticals, Inc. · Series C Raised $115.5M · modeled $830.5M (est)OnKure, Inc. · Series C Raised $123.2M · modeled $732.5M (est)Mind Medicine (MindMed) Inc. · Series C Raised $83.2M · modeled $730.2M (est)MBX Biosciences, Inc. · Series C Raised $74.8M · modeled $724.1M (est)RedHill Biopharma Ltd. (this company) Raised $72.5M · modeled $101.7M (est)RedHill Biopharma Ltd.
CompanyStageRaised · realValue · estvs peer med.
Vigil Neuroscience, Inc.Series C$215.0M$1.3B2.19×
Leap Therapeutics, Inc.Series C$105.1M$1.1B1.94×
Alimera Sciences IncSeries C$173.8M$1.1B1.91×
VYNE Therapeutics Inc.Series C$139.5M$972.1M1.69×
Lusaris Therapeutics, Inc.Series C$60.2M$955.7M1.66×
Context Therapeutics Inc.Series C$100.0M$923.0M1.60×
Enliven Therapeutics, Inc.Series C$140.1M$867.9M1.51×
Tenax Therapeutics, Inc.Series C$138.4M$841.5M1.46×
Faraday Pharmaceuticals, Inc.Series C$115.5M$830.5M1.44×
OnKure, Inc.Series C$123.2M$732.5M1.27×
Mind Medicine (MindMed) Inc.Series C$83.2M$730.2M1.27×
MBX Biosciences, Inc.Series C$74.8M$724.1M1.26×
RedHill Biopharma Ltd. this companySeries C$72.5M$101.7M0.18×
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$2.5M2013-12-31$12.5M$95.1M85%
Series C$48.3M2019-10-22$322.0M$1.7B90%
Series C$5.0M2021-11-08$33.3M$109.6M90%
Series C$2.7M2023-07-21$18.0M$32.8M90%
Series C$4.0M2023-09-28$27.0M$46.1M90%
Series C$10.0M2024-01-25$66.7M$101.7M90%
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$2.5M2013-12-31
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series C$48.3M2019-10-22
    • Raised again after 70 mo — slower than the ~13 mo sector norm.
    • Round 19.3× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $5M–$25M.
    • 2 investors on this round.
  3. Series C$5.0M2021-11-08
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 9.7× smaller than the prior — bridge or down round.
    • Revenue band moved $5M–$25M → $25M–$100M.
    • 1 investor on this round.
  4. Series C$2.7M2023-07-21
    • Raised again after 20 mo — slower than the ~13 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series C$4.0M2023-09-28
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 3 investors on this round.
  6. Series C$10.0M2024-01-25
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • Revenue band moved $25M–$100M → $5M–$25M.
    • 5 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~24mo cadence
$24.7M
Modeled next size est.range $16.1M$39.6M
2.5×
Last step-up
$7.2M/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
Alla Felder1 other2021-11
GILEAD RADAY1 other2013-12
June Almenoff1 other2021-11
Kenneth Reed1 other2013-12
Rick D Scruggs1 other2019-10
Shmuel Cabilly1 other2019-10
Adi D Frish2019-10
Adi Frish2013-12
Aliza Rotbard2013-12
Alla D Felder2019-10
Dan Suesskind2013-12
Dror Ben Asher2013-12
Eric Swenden2013-12
Gilead D Raday2019-10
Guy D Goldberg2019-10
Guy Goldberg2013-12
June D Almenoff2019-10
Micha Ben Chorin2021-11
Micha D Ben Chorin2019-10
Nicolas D Weinstein2019-10
Ofer Tsimchi2013-12
Ori Shilo2013-12
Razi Ingber2023-07
Reza D Fathi2019-10
Registry & provenance

RedHill Biopharma Ltd. 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
1553846
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.

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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
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Red Oak Medicines Inc.PharmaceuticalsSeed$79.9M81%
Redpin Therapeutics, Inc.BiotechnologySeries A$281.5M81%
Balanced Pharma IncPharmaceuticalsSeed$641K80%
Red Queen Therapeutics, Inc.BiotechnologySeries A$97.4M80%
Redona Therapeutics, Inc.BiotechnologySeries C$76.2M79%
RxBio Holdings, Inc.PharmaceuticalsSeries D+$12.0M79%
Khloris Biosciences, Inc.PharmaceuticalsSeries A$154.9M79%
Frequently asked
How much funding has RedHill Biopharma Ltd. raised?
RedHill Biopharma Ltd. has raised approximately $72.5M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is RedHill Biopharma Ltd.'s estimated valuation?
Provath's modeled valuation for RedHill Biopharma Ltd. is approximately $101.7M (modeled range $32.5M–$164.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is RedHill Biopharma Ltd. at?
RedHill Biopharma Ltd.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Jan 25.
What does RedHill Biopharma Ltd. do and where is it based?
RedHill Biopharma Ltd. operates in the Pharmaceuticals sector, based in TEL AVIV.
Explore related

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