Diligence memo · auto-generated · as of July 2, 2026
Silvergate Pharmaceuticals, Inc.
Silvergate Pharmaceuticals, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Silvergate Pharmaceuticals, Inc. operates in Pharmaceuticals, based in GREENWOOD VILLAGE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Silvergate Pharmaceuticals, Inc. has raised $31M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $24M on 2011-05-02.
Most recent recorded round closed around 2016-10-03.
Valuation (modeled)modeled
Provath models Silvergate Pharmaceuticals, Inc. at approximately $156M (range $9.7M–$602M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 9.7 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 74% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 65% of those peers.
Closest niche peers: LP Investors, LLC, GigaGen, Inc., Vitality Biopharma, Inc., Madrigal Pharmaceuticals, Inc., Slayback Pharma Ltd Liability Co.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.