Companies · Biotechnology

Scipher Medicine Corp

WALTHAM · Biotechnology

Diligence memoA one-page analyst read on Scipher Medicine Corp — recommendation, valuation, rhythm, risks.
$123.0M
Total raised · real
7
Rounds
0.1×
Latest step-up
Top 9%
Sector rank · raised
Series C
Latest stage · inferred · Thu May 02 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Scipher Medicine Corp looks under-valued against its niche peers and is quiet 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 0.11× the median modeled value of Series C Biotechnology companies in 2022–2024 (111 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector 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

Scipher Medicine Corp is one of 4291 Biotechnology companies tracked from WALTHAM. By capital raised it ranks among the largest (ahead of 92% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-05-02
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$1.3B$2.5B$3.8B$5.0BPre-Seed · 2015-11-05 Raised $225K (real) Modeled valuation $12M (est)Pre-Seed2015Pre-Seed · 2016-10-20 Raised $575K (real) Modeled valuation $32M (est)Pre-Seed2016Pre-Seed · 2018-05-09 Raised $795K (real) Modeled valuation $44M (est)Pre-Seed2018Series A · 2018-08-03 Raised $8.5M (real) Modeled valuation $308M (est)Series A2018Series B · 2019-05-08 Raised $20M (real) Modeled valuation $794M (est)Series B2019Series B · 2019-05-08 Raised $25M (real) Modeled valuation $992M (est)Series B2019Series C · 2021-03-12 Raised $82M (real) Modeled valuation $2.6B (est)Series C2021Series C · 2021-03-12 Raised $82M (real) Modeled valuation $2.6B (est)Series C2021Series C · 2024-05-02 Raised $5.8M (real) Modeled valuation $55M (est)Series C2024+$575K+$795K+$8.5M+$20M+$25M+$82M+$82M+$5.8MCumulative $225M

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
Pre-Seed$225K · 2015
Pre-Seed extension$575K · 2016
Pre-Seed extension$795K · 2018
Series A$8.5M · 2018no Seed on file
Series B$20.0M · 2019
Series B extension$25.0M · 2019
Series C$82.0M · 2021
Series C extension$82.0M · 2021
Series C extension$5.8M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$55.5M
Base estimate est.
$18.1M
Conservative case
$86.2M
Upside case
$39.0M
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.

Pre-Seed · modeled $12.4M · 2015-11-052015Pre-Seed · modeled $31.7M · 2016-10-20Pre-Seed · modeled $43.9M · 2018-05-09Series A · modeled $308.5M · 2018-08-03Series B · modeled $793.8M · 2019-05-08Series B · modeled $992.2M · 2019-05-08Series C · modeled $2.6B · 2021-03-12Series C · modeled $2.6B · 2021-03-12Series C · modeled $55.5M · 2024-05-022024
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
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$14.5M/yr
Capital velocity
10.7 yr
On record since
2015
First round
9
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) 17× above median
This company$123.0M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$5.8M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$55.5M
Sector median$64.2M

Raised more than 92% of sector peers (real $). Modeled value above 48% 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 #100 of 111.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Dianthus Therapeutics, Inc. · Series C Raised $121.5M · modeled $2.1B (est)Satellite Biosciences, Inc. · Series C Raised $101.5M · modeled $1.8B (est)Deepcell, Inc. · Series C Raised $96.9M · modeled $1.7B (est)Ventus Therapeutics U.S., Inc. · Series C Raised $186.8M · modeled $1.6B (est)Morphic Holding, Inc. · Series C Raised $200.6M · modeled $1.5B (est)Genleap Ai Inc. · Series C Raised $100.0M · modeled $1.5B (est)Dren Bio, Inc. · Series C Raised $93.1M · modeled $1.3B (est)Lenz Therapeutics, Inc. · Series C Raised $136.2M · modeled $1.2B (est)eyeBrain Medical, Inc. · Series C Raised $126.3M · modeled $1.2B (est)A2 Biotherapeutics, Inc. · Series C Raised $143.1M · modeled $1.2B (est)Invetx, Inc. · Series C Raised $70.7M · modeled $1.2B (est)Hexagon Bio Inc. · Series C Raised $148.6M · modeled $1.2B (est)Scipher Medicine Corp (this company) Raised $123.0M · modeled $55.5M (est)Scipher Medicine Corp
CompanyStageRaised · realValue · estvs peer med.
Dianthus Therapeutics, Inc.Series C$121.5M$2.1B4.22×
Satellite Biosciences, Inc.Series C$101.5M$1.8B3.63×
Deepcell, Inc.Series C$96.9M$1.7B3.38×
Ventus Therapeutics U.S., Inc.Series C$186.8M$1.6B3.14×
Morphic Holding, Inc.Series C$200.6M$1.5B3.04×
Genleap Ai Inc.Series C$100.0M$1.5B3.00×
Dren Bio, Inc.Series C$93.1M$1.3B2.70×
Lenz Therapeutics, Inc.Series C$136.2M$1.2B2.49×
eyeBrain Medical, Inc.Series C$126.3M$1.2B2.45×
A2 Biotherapeutics, Inc.Series C$143.1M$1.2B2.42×
Invetx, Inc.Series C$70.7M$1.2B2.36×
Hexagon Bio Inc.Series C$148.6M$1.2B2.36×
Scipher Medicine Corp this companySeries C$123.0M$55.5M0.11×
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.
Pre-Seed$225K2015-11-05$1.3M$12.4M85%
Pre-Seed$575K2016-10-20$3.2M$31.7M90%
Pre-Seed$795K2018-05-09$4.4M$43.9M90%
Series A$8.5M2018-08-03$38.8M$308.5M90%
Series B$20.0M2019-05-08$111.1M$793.8M90%
Series B$25.0M2019-05-08$138.9M$992.2M90%
Series C$82.0M2021-03-12$546.7M$2.6B90%
Series C$82.0M2021-03-12$546.7M$2.6B90%
Series C$5.8M2024-05-02$39.0M$55.5M90%
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. Pre-Seed$225K2015-11-05
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$575K2016-10-20
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Pre-Seed$795K2018-05-09
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Series A$8.5M2018-08-03
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 10.7× larger than the prior — scaling up.
    • 11 investors on this round.
  5. Series B$20.0M2019-05-08
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 14 investors on this round.
  6. Series B$25.0M2019-05-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  7. Series C$82.0M2021-03-12
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 12 investors on this round.
  8. Series C$82.0M2021-03-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  9. Series C$5.8M2024-05-02
    • Raised again after 38 mo — slower than the ~14 mo sector norm.
    • Round 14.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~13mo cadence
$5.8M
Modeled next size est.range $5.8M$9.4M
0.1×
Last step-up
$14.5M/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
Samir Kaul31 other2018-08
Michael Rubin7 other2019-05
Todd Sone3 other2021-03
Joseph Loscalzo2 other2018-05
Miklos Kobor2 other2016-10
TIM ANDERSON2 other2024-05
ALBERT-LASZLO BARABASI1 other2018-05
Alif Saleh1 other2016-10
Jeffrey Sachs1 other2021-03
Peter Ruppert1 other2016-10
Albert Laszlo Barabsi2015-11
Byron Kalogerou2018-05
GLENN MUIR2024-05
INGO CHAKRAVARTY2024-05
Marcell Veidner2015-11
Peter Laszlo Ruppert2015-11
REGINALD SEETO2024-05
Registry & provenance

Scipher Medicine Corp 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
1658821
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
Sciadonics, Inc.BiotechnologyPre-Seed$5.5M87%
Scion Neurostim, Inc.BiotechnologySeries A$78.6M86%
Nielsen BioSciences, Inc.BiotechnologySeries A$182.1M86%
Scilex Holding CoBiotechnologySeries D+$19.5M85%
Scioto Biosciences, Inc.BiotechnologySeed$80.9M85%
Bergen Medical Products, Inc.BiotechnologySeed$39.9M84%
Astro Health IncBiotechnologyPre-Seed$170K84%
Island Pharmaceuticals LtdBiotechnologySeed$7.1M83%
Frequently asked
How much funding has Scipher Medicine Corp raised?
Scipher Medicine Corp has raised approximately $123.0M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Scipher Medicine Corp's estimated valuation?
Provath's modeled valuation for Scipher Medicine Corp is approximately $55.5M (modeled range $18.1M–$86.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Scipher Medicine Corp at?
Scipher Medicine Corp's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu May 02.
What does Scipher Medicine Corp do and where is it based?
Scipher Medicine Corp operates in the Biotechnology sector, based in WALTHAM.
Explore related

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