Companies · Biotechnology

Relypsa Inc

SANTA CLARA · Biotechnology

Diligence memoA one-page analyst read on Relypsa Inc — recommendation, valuation, rhythm, risks.
$292.3M
Total raised · real
7
Rounds
1.3×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Thu Jul 26 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Relypsa 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 1.33× the median modeled value of Series C Biotechnology companies in 2010–2012 (19 peers) — value vs value, same stage and era.
  • Within the normal band (133% of peer median) for its niche.
Dormant
  • Last raise 13.9 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

Relypsa Inc is one of 4291 Biotechnology companies tracked from SANTA CLARA. 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 A · 2010-04-27 Raised $6.0M (real) Modeled valuation $217M (est)Series A2010Series A · 2010-04-27 Raised $4.0M (real) Modeled valuation $145M (est)Series A2010Series C · 2010-09-03 Raised $70M (real) Modeled valuation $2.9B (est)Series C2010Series B · 2010-09-03 Raised $35M (real) Modeled valuation $1.4B (est)Series B2010Series C · 2012-07-26 Raised $62M (real) Modeled valuation $2.6B (est)Series C2012Series C · 2012-07-26 Raised $50M (real) Modeled valuation $2.0B (est)Series C2012Series C · 2012-07-26 Raised $65M (real) Modeled valuation $2.7B (est)Series C2012+$4.0M+$70M+$35M+$62M+$50M+$65MCumulative $292M

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 · 2010
Series A extension$4.0M · 2010
Series C$70.1M · 2010no Series B on file
Bridge · Series C-stage$35.1M · 2010smaller follow-on
Series C extension$62.4M · 2012
Series C extension$49.7M · 2012
Series C extension$65.0M · 2012

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
$2.7B
Base estimate est.
$201.1M
Conservative case
$7.0B
Upside case
$433.3M
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 · 2010-04-272010Series A · modeled $144.6M · 2010-04-27Series C · modeled $2.9B · 2010-09-03Series B · modeled $1.4B · 2010-09-03Series C · modeled $2.6B · 2012-07-26Series C · modeled $2.0B · 2012-07-26Series C · modeled $2.7B · 2012-07-262012
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
13.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$130.1M/yr
Capital velocity
16.2 yr
On record since
2010
First round
7
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) 41× above median
This company$292.3M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.4× above median
This company$65.0M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 41× above median
This company$2.7B
Sector median$64.2M

Raised more than 98% of sector peers (real $). Modeled value above 96% 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 #4 of 19.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Insmed Inc · Series C Raised $83.7M · modeled $3.4B (est)Infinity Pharmaceuticals, Inc. · Series C Raised $78.5M · modeled $3.2B (est)Ultragenyx Pharmaceutical Inc. · Series C Raised $108.8M · modeled $3.1B (est)Knopp Neurosciences Inc. · Series C Raised $72.9M · modeled $2.5B (est)Nevro Corp · Series C Raised $78.6M · modeled $2.4B (est)Foundation Medicine, Inc. · Series C Raised $115.5M · modeled $2.3B (est)Puma Biotechnology, Inc. · Series C Raised $55.0M · modeled $2.3B (est)Aria Diagnostics, Inc. · Series C Raised $65.2M · modeled $2.2B (est)IntegenX Inc · Series C Raised $133.9M · modeled $2.0B (est)SARcode Corp · Series C Raised $99.6M · modeled $1.8B (est)Selexys Pharmaceuticals Corp · Series C Raised $89.1M · modeled $1.8B (est)Relypsa Inc (this company) Raised $292.3M · modeled $2.7B (est)Relypsa Inc
CompanyStageRaised · realValue · estvs peer med.
Insmed IncSeries C$83.7M$3.4B1.71×
Infinity Pharmaceuticals, Inc.Series C$78.5M$3.2B1.61×
Ultragenyx Pharmaceutical Inc.Series C$108.8M$3.1B1.54×
Relypsa Inc this companySeries C$292.3M$2.7B1.33×
Knopp Neurosciences Inc.Series C$72.9M$2.5B1.23×
Nevro CorpSeries C$78.6M$2.4B1.20×
Foundation Medicine, Inc.Series C$115.5M$2.3B1.15×
Puma Biotechnology, Inc.Series C$55.0M$2.3B1.13×
Aria Diagnostics, Inc.Series C$65.2M$2.2B1.08×
IntegenX IncSeries C$133.9M$2.0B1.00×
SARcode CorpSeries C$99.6M$1.8B0.89×
Selexys Pharmaceuticals CorpSeries C$89.1M$1.8B0.88×
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$6.0M2010-04-27$27.3M$216.9M90%
Series A$4.0M2010-04-27$18.2M$144.6M90%
Series C$70.1M2010-09-03$467.5M$2.9B90%
Series B$35.1M2010-09-03$195.2M$1.4B90%
Series C$62.4M2012-07-26$416.1M$2.6B90%
Series C$49.7M2012-07-26$331.2M$2.0B90%
Series C$65.0M2012-07-26$433.3M$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 A$6.0M2010-04-27
    • First recorded raise — entered as Series A.
  2. Series A$4.0M2010-04-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  3. Series C$70.1M2010-09-03
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 17.5× larger than the prior — scaling up.
  4. Series B$35.1M2010-09-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
  5. Series C$62.4M2012-07-26
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
  6. Series C$49.7M2012-07-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  7. Series C$65.0M2012-07-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
Intelligence
2012 ~Q4
Modeled next raise · ~4mo cadence
$85.0M
Modeled next size est.range $65.0M$136.1M
1.3×
Last step-up
$130.1M/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
Scott M. Rocklage3 other2010-04
Gerrit Klaerner2 other2010-04
Deepa M. Pakianathan1 other2010-04
Jay P. Shepard1 other2010-04
Vijay M. Lathi1 other2010-04
Claire M. Lockey2012-07
Janis M. Naeve2010-04
Jerry M. Buysse2010-04
Jim M. Johnson2012-07
Jonathan M. Silverstein2010-09
Klaus M. Veitinger2010-09
Lance M. Berman2012-07
Paul M. Hastings2012-07
Ronald Krasnow2010-04
Ron M. Hunt2012-07
Thomas M. Schuetz2010-09
Wilhelm M. Stahl2012-07
Registry & provenance

Relypsa 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
1416792
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
Cidara Therapeutics, Inc.BiotechnologySeries D+$349.1M$2.8Bnetwork1 shared operator · same sector
Constellation Pharmaceuticals IncBiotechnologySeries C$286.4M$2.7Bsame sector · same stage
Twist Bioscience CorpBiotechnologySeries C$260.8M$2.0Bsame sector · same stage
Fate Therapeutics IncBiotechnologySeries C$241.3M$2.0Bsame sector · same stage
Alpine Immune Sciences, Inc.BiotechnologySeries C$234.9M$2.3Bsame sector · same stage
Agenus IncBiotechnologySeries C$211.2M$1.2Bsame sector · same stage
Invitae CorpBiotechnologySeries C$203.1M$2.1Bsame sector · same stage
Larimar Therapeutics, Inc.BiotechnologySeries C$201.0M$3.3Bsame sector · same stage
Frequently asked
How much funding has Relypsa Inc raised?
Relypsa Inc has raised approximately $292.3M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Relypsa Inc's estimated valuation?
Provath's modeled valuation for Relypsa Inc is approximately $2.7B (modeled range $201.1M–$7.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Relypsa Inc at?
Relypsa Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Jul 26.
What does Relypsa Inc do and where is it based?
Relypsa Inc operates in the Biotechnology sector, based in SANTA CLARA.
Explore related

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