Companies · Pharmaceuticals

Silvergate Pharmaceuticals, Inc.

GREENWOOD VILLAGE · Pharmaceuticals

Diligence memoA one-page analyst read on Silvergate Pharmaceuticals, Inc. — recommendation, valuation, rhythm, risks.
$30.8M
Total raised · real
4
Rounds
2.9×
Latest step-up
Top 27%
Sector rank · raised
Series B
Latest stage · inferred · Mon Oct 03 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Silvergate 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 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 0.23× the median modeled value of Series B Pharmaceuticals companies in 2016–2018 (40 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.7 yr ago; this sector typically re-raises about every 13 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 Pharmaceuticals

Silvergate Pharmaceuticals, Inc. is one of 1613 Pharmaceuticals companies tracked from GREENWOOD VILLAGE. By capital raised it ranks in the upper tier (ahead of 74% 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
10
Investors (latest)
2016-10-03
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$250M$500M$750M$1.0BSeed · 2011-05-02 Raised $3.0M (real) Modeled valuation $115M (est)$3.0M$115MSeed2011Series B · 2011-05-02 Raised $24M (real) Modeled valuation $801M (est)$24M$801MSeries B2011Series B · 2014-08-28 Raised $1.0M (real) Modeled valuation $34M (est)$1.0M$34MSeries B2014Series B · 2015-10-09 Raised $1.6M (real) Modeled valuation $54M (est)$1.6M$54MSeries B2015Series B · 2016-10-03 Raised $4.6M (real) Modeled valuation $156M (est)$4.6M$156MSeries B2016+$24M+$1.0M+$1.6M+$4.6MCumulative $34M

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$3.0M · 2011
Series B$23.6M · 2011no Series A on file
Series B extension$1.0M · 2014
Series B extension$1.6M · 2015
Series B extension$4.6M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-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
$156.4M
Base estimate est.
$9.7M
Conservative case
$602.0M
Upside case
$25.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Seed · modeled $114.7M · 2011-05-022011Series B · modeled $800.9M · 2011-05-02Series B · modeled $34.0M · 2014-08-28Series B · modeled $54.4M · 2015-10-09Series B · modeled $156.4M · 2016-10-032016
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.49×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
9.7 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$5.7M/yr
Capital velocity
15.2 yr
On record since
2011
First round
5
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) 3.8× above median
This company$30.8M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.3× of median
This company$4.6M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$156.4M
Sector median$76.1M

Raised more than 74% of sector peers (real $). Modeled value above 65% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #33 of 40.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)LP Investors, LLC · Series B Raised $40.0M · modeled $1.4B (est)GigaGen, Inc. · Series B Raised $36.1M · modeled $1.2B (est)Vitality Biopharma, Inc. · Series B Raised $39.5M · modeled $1.2B (est)Madrigal Pharmaceuticals, Inc. · Series B Raised $35.0M · modeled $1.2B (est)Slayback Pharma Ltd Liability Co · Series B Raised $35.0M · modeled $1.2B (est)X4 Pharmaceuticals, Inc. · Series B Raised $73.2M · modeled $1.2B (est)Lumos Pharma, Inc. · Series B Raised $53.5M · modeled $1.2B (est)Innovate Biopharmaceuticals Inc. · Series B Raised $42.7M · modeled $1.1B (est)SteadyMed Ltd. · Series B Raised $51.3M · modeled $1.0B (est)Stargazer Pharmaceuticals, Inc. · Series B Raised $28.5M · modeled $967.8M (est)St Renatus Llc · Series B Raised $33.1M · modeled $884.1M (est)Bellerophon Therapeutics, Inc. · Series B Raised $25.0M · modeled $796.9M (est)Silvergate Pharmaceuticals, Inc. (this company) Raised $30.8M · modeled $156.4M (est)Silvergate Pharmaceuticals, Inc.
CompanyStageRaised · realValue · estvs peer med.
LP Investors, LLCSeries B$40.0M$1.4B2.00×
GigaGen, Inc.Series B$36.1M$1.2B1.81×
Vitality Biopharma, Inc.Series B$39.5M$1.2B1.80×
Madrigal Pharmaceuticals, Inc.Series B$35.0M$1.2B1.75×
Slayback Pharma Ltd Liability CoSeries B$35.0M$1.2B1.75×
X4 Pharmaceuticals, Inc.Series B$73.2M$1.2B1.75×
Lumos Pharma, Inc.Series B$53.5M$1.2B1.70×
Innovate Biopharmaceuticals Inc.Series B$42.7M$1.1B1.64×
SteadyMed Ltd.Series B$51.3M$1.0B1.50×
Stargazer Pharmaceuticals, Inc.Series B$28.5M$967.8M1.42×
St Renatus LlcSeries B$33.1M$884.1M1.30×
Bellerophon Therapeutics, Inc.Series B$25.0M$796.9M1.17×
Silvergate Pharmaceuticals, Inc. this companySeries B$30.8M$156.4M0.23×
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$3.0M2011-05-02$15.1M$114.7M85%
Series B$23.6M2011-05-02$130.9M$800.9M85%
Series B$1.0M2014-08-28$5.6M$34.0M85%
Series B$1.6M2015-10-09$8.9M$54.4M85%
Series B$4.6M2016-10-03$25.6M$156.4M90%
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$3.0M2011-05-02
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
  2. Series B$23.6M2011-05-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.8× larger than the prior — scaling up.
    • 13 investors on this round.
  3. Series B$1.0M2014-08-28
    • Raised again after 40 mo — slower than the ~13 mo sector norm.
    • Round 23.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 7 investors on this round.
  4. Series B$1.6M2015-10-09
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 9 investors on this round.
  5. Series B$4.6M2016-10-03
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~16mo cadence
$13.2M
Modeled next size est.range $8.6M$21.2M
2.9×
Last step-up
$5.7M/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
Patrick Heron10 other2011-05
Nathan Every4 other2011-05
Bhaskar Chaudhuri2 other2011-05
LAURA MEDINA1 other2016-10
Barry Barnard2011-05
Bhaskar Chauduri2014-08
Bhaskar Chaundhuri2015-10
Frank Segrave2011-05
Mark Parrish2011-05
Michael Beckloff2011-05
Robert Mauro2011-05
Registry & provenance

Silvergate 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
1520642
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
Engage Therapeutics, Inc.PharmaceuticalsSeries B$30.6M$238.0Msame sector · same stage
MediWound Ltd.PharmaceuticalsSeries B$30.5M$243.4Msame sector · same stage
Spectrum Pharmaceuticals IncPharmaceuticalsSeries B$30.5M$102.0Msame sector · same stage
OC Pharma LLCPharmaceuticalsSeries B$30.0M$95.2Msame sector · same stage
Plethora Solutions Holdings plcPharmaceuticalsSeries B$30.0M$95.2Msame sector · same stage
Promentis Pharmaceuticals, Inc.PharmaceuticalsSeries B$32.1M$85.0Msame sector · same stage
Belhaven Biopharma Inc.PharmaceuticalsSeries B$32.3M$146.8Msame sector · same stage
VST BIO CorpPharmaceuticalsSeries B$28.9M$118.7Msame sector · same stage
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
Silver Creek Pharmaceuticals, Inc.PharmaceuticalsSeries A$139.3M90%
Eyegate Pharmaceuticals IncPharmaceuticalsSeries A$92.6M87%
Silver Therapeutics, Inc.PharmaSeed$57.1M84%
Silverback Therapeutics, Inc.BiotechnologySeries C$3.2B83%
Shuttle Pharmaceuticals Holdings, Inc.PharmaceuticalsSeries A$7.1M82%
Gate Neurosciences, Inc.PharmaceuticalsSeries A$248.2M82%
Black Swan Pharmaceuticals, Inc.PharmaceuticalsSeed$39.0M82%
Secura Bio Holdings, Inc.PharmaceuticalsSeries D+$3.7B82%
Frequently asked
How much funding has Silvergate Pharmaceuticals, Inc. raised?
Silvergate Pharmaceuticals, Inc. has raised approximately $30.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Silvergate Pharmaceuticals, Inc.'s estimated valuation?
Provath's modeled valuation for Silvergate Pharmaceuticals, Inc. is approximately $156.4M (modeled range $9.7M–$602.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Silvergate Pharmaceuticals, Inc. at?
Silvergate Pharmaceuticals, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Oct 03.
What does Silvergate Pharmaceuticals, Inc. do and where is it based?
Silvergate Pharmaceuticals, Inc. operates in the Pharmaceuticals sector, based in GREENWOOD VILLAGE.
Explore related

See where Silvergate Pharmaceuticals, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Silvergate Pharmaceuticals, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.