Companies · Biotechnology

Sangart Inc

SAN DIEGO · Biotechnology

Diligence memoA one-page analyst read on Sangart Inc — recommendation, valuation, rhythm, risks.
$165.9M
Total raised · real
3
Rounds
0.5×
Latest step-up
Top 6%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Mar 30 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Sangart Inc has raised $166M over 3 rounds; too few niche peers to rank its valuation yet.

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.

Dormant
  • Last raise 15.3 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

Sangart Inc is one of 4293 Biotechnology companies tracked from SAN DIEGO. By capital raised it ranks among the largest (ahead of 95% 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 · 2010-10-04 Raised $15M (real) Modeled valuation $599M (est)$15M$599MSeries B2010Series D+ · 2011-03-30 Raised $101M (real) Modeled valuation $4.2B (est)$101M$4.2BSeries D+2011Series C · 2011-03-30 Raised $50M (real) Modeled valuation $2.0B (est)$50M$2.0BSeries C2011+$101M+$50MCumulative $166M

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$15.1M · 2010
Series D+$100.8M · 2011no Series C on file
Bridge · Series D+-stage$50.0M · 2011smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$4.2B
Base estimate est.
$456.8M
Conservative case
$9.1B
Upside case
$839.8M
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 biotech sector profile. Directional, not a quoted figure.

Series B · modeled $599.2M · 2010-10-042010Series D+ · modeled $4.2B · 2011-03-30Series C · modeled $2.0B · 2011-03-302011
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
15.3 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$342.4M/yr
Capital velocity
15.7 yr
On record since
2010
First round
3
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) 23× above median
This company$165.9M
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) 65× above median
This company$4.2B
Sector median$64.2M

Raised more than 95% 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 companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Micromet, Inc. · Series D+ Raised $175.5M · modeled $7.2B (est)BioMotiv, LLC · Series D+ Raised $145.7M · modeled $6.0B (est)Arena Pharmaceuticals Inc · Series D+ Raised $187.3M · modeled $1.5B (est)Sangart Inc (this company) Raised $165.9M · modeled $4.2B (est)Sangart Inc
CompanyStageRaised · realValue · estvs peer med.
Micromet, Inc.Series D+$175.5M$7.2B1.42×
BioMotiv, LLCSeries D+$145.7M$6.0B1.18×
Sangart Inc this companySeries D+$165.9M$4.2B0.82×
Arena Pharmaceuticals IncSeries D+$187.3M$1.5B0.29×
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$15.1M2010-10-04$83.9M$599.2M90%
Series D+$100.8M2011-03-30$839.8M$4.2B90%
Series C$50.0M2011-03-30$333.6M$2.0B90%
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$15.1M2010-10-04
    • First recorded raise — entered as Series B.
  2. Series D+$100.8M2011-03-30
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 6.7× larger than the prior — scaling up.
  3. Series C$50.0M2011-03-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q2
Modeled next raise · ~3mo cadence
$50.0M
Modeled next size est.range $50.0M$80.1M
0.5×
Last step-up
$342.4M/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
Joseph Steinberg2 other2010-10
BRIAN O'CALLAGHAN2010-10
DAVID RENAS2010-10
Ian Cumming2010-10
John Eyring2011-03
JUSTIN WHEELER2010-10
Registry & provenance

Sangart 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
1171476
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
Artiva Biotherapeutics, Inc.BiotechnologySeries D+$163.4M$4.0Bsame sector · same stage
Pliant Therapeutics, Inc.BiotechnologySeries D+$162.6M$4.1Bsame sector · same stage
Ensoma, Inc.BiotechnologySeries D+$169.6M$2.3Bsame sector · same stage
2seventy bio, Inc.BiotechnologySeries D+$170.0M$4.0Bsame sector · same stage
Forge Biologics Holdings, LLCBiotechnologySeries D+$160.0M$3.8Bsame sector · same stage
Iterative Scopes, Inc.BiotechnologySeries D+$172.1M$3.6Bsame sector · same stage
Schrodinger, Inc.BiotechnologySeries D+$159.8M$4.4Bsame sector · same stage
Alzheon, Inc.BiotechnologySeries D+$172.5M$1.6Bsame sector · same stage
Frequently asked
How much funding has Sangart Inc raised?
Sangart Inc has raised approximately $165.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Sangart Inc's estimated valuation?
Provath's modeled valuation for Sangart Inc is approximately $4.2B (modeled range $456.8M–$9.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sangart Inc at?
Sangart Inc's latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Mar 30.
What does Sangart Inc do and where is it based?
Sangart Inc operates in the Biotechnology sector, based in SAN DIEGO.
Explore related

See where Sangart 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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