Companies · Pharma

Solace Therapeutics Inc

FRAMINGHAM · Pharma · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Solace Therapeutics Inc — recommendation, valuation, rhythm, risks.
$28.4M
Total raised · real
4
Rounds
0.6×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Thu Jan 30 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Solace Therapeutics 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 pharma 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 1.06× the median modeled value of Series A Pharma companies in 2019–2021 (24 peers) — value vs value, same stage and era.
  • Within the normal band (106% of peer median) for its niche.
Dormant
  • Last raise 6.4 yr ago; this sector typically re-raises about every 16 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 Pharma

Solace Therapeutics Inc is one of 310 Pharma companies tracked from FRAMINGHAM. By capital raised it ranks in the upper tier (ahead of 80% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2020-01-30
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$125M$250M$375M$500MSeries A · 2012-03-14 Raised $7.0M (real) Modeled valuation $217M (est)$7.0M$217MSeries A2012Series A · 2016-08-23 Raised $13M (real) Modeled valuation $403M (est)$13M$403MSeries A2016Series A · 2019-01-31 Raised $1.9M (real) Modeled valuation $59M (est)$1.9M$59MSeries A2019Series A · 2020-01-30 Raised $6.5M (real) Modeled valuation $202M (est)$6.5M$202MSeries A2020Series A · 2020-01-30 Raised $4.0M (real) Modeled valuation $124M (est)$4.0M$124MSeries A2020+$13M+$1.9M+$6.5M+$4.0MCumulative $32M

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$7.0M · 2012
Series A extension$13.0M · 2016
Series A extension$1.9M · 2019
Series A extension$6.5M · 2020
Series A extension$4.0M · 2020

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: 33%.

Modeled valuation trajectory
$202.2M
Base estimate est.
$7.5M
Conservative case
$1.1B
Upside case
$29.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series A · modeled $216.8M · 2012-03-142012Series A · modeled $402.6M · 2016-08-23Series A · modeled $58.8M · 2019-01-31Series A · modeled $202.2M · 2020-01-30Series A · modeled $124.0M · 2020-01-302020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.57×/yr
Annual markup
1.97×/yr upside case
6.0 yr
Elapsed time used
6.4 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$3.6M/yr
Capital velocity
14.3 yr
On record since
2012
First round
5
Rounds on file
How it compares to the market

Benchmarked against 310 companies in Pharma. 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) 4.4× above median
This company$28.4M
Sector median$6.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$4.0M
Sector median$6.7M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$202.2M
Sector median$62.5M

Raised more than 80% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #11 of 24.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Comet Therapeutics, Inc. · Series A Raised $14.1M · modeled $435.3M (est)RadImmune Therapeutics, Inc. · Series A Raised $13.6M · modeled $420.0M (est)Nanoscope Therapeutics, Inc. · Series A Raised $12.8M · modeled $393.3M (est)ZebiAI Therapeutics, Inc. · Series A Raised $10.0M · modeled $309.7M (est)Blue Note Therapeutics, Inc. · Series A Raised $13.0M · modeled $309.4M (est)Vibliome Therapeutics, Llc · Series A Raised $8.0M · modeled $247.8M (est)Feel Therapeutics, Inc. · Series A Raised $14.1M · modeled $230.2M (est)Nextgen Pharma Llc · Series A Raised $9.0M · modeled $229.7M (est)Radiance Therapeutics, Inc. · Series A Raised $18.7M · modeled $228.3M (est)Cyprium Therapeutics, Inc. · Series A Raised $7.0M · modeled $210.1M (est)Metavir Therapeutics, Inc · Series A Raised $7.5M · modeled $197.2M (est)Solace Therapeutics Inc (this company) Raised $28.4M · modeled $202.2M (est)Solace Therapeutics Inc
CompanyStageRaised · realValue · estvs peer med.
Comet Therapeutics, Inc.Series A$14.1M$435.3M2.28×
RadImmune Therapeutics, Inc.Series A$13.6M$420.0M2.20×
Nanoscope Therapeutics, Inc.Series A$12.8M$393.3M2.06×
ZebiAI Therapeutics, Inc.Series A$10.0M$309.7M1.62×
Blue Note Therapeutics, Inc.Series A$13.0M$309.4M1.62×
Vibliome Therapeutics, LlcSeries A$8.0M$247.8M1.30×
Feel Therapeutics, Inc.Series A$14.1M$230.2M1.20×
Nextgen Pharma LlcSeries A$9.0M$229.7M1.20×
Radiance Therapeutics, Inc.Series A$18.7M$228.3M1.19×
Cyprium Therapeutics, Inc.Series A$7.0M$210.1M1.10×
Solace Therapeutics Inc this companySeries A$28.4M$202.2M1.06×
Metavir Therapeutics, IncSeries A$7.5M$197.2M1.03×
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$7.0M2012-03-14$31.8M$216.8M85%
Series A$13.0M2016-08-23$59.1M$402.6M85%
Series A$1.9M2019-01-31$8.6M$58.8M90%
Series A$6.5M2020-01-30$29.7M$202.2M90%
Series A$4.0M2020-01-30$18.2M$124.0M90%
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$7.0M2012-03-14
    • First recorded raise — entered as Series A.
  2. Series A$13.0M2016-08-23
    • Raised again after 53 mo — slower than the ~16 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  3. Series A$1.9M2019-01-31
    • Raised again after 29 mo — slower than the ~16 mo sector norm.
    • Round 6.8× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  4. Series A$6.5M2020-01-30
    • Raised 12 mo later, in step with the ~16 mo sector norm.
    • Round 3.4× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series A$4.0M2020-01-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~24mo cadence
$4.0M
Modeled next size est.range $4.0M$6.4M
0.6×
Last step-up
$3.6M/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
Brian R. Smith20 other2020-01
J. Daniel Cole6 other2012-03
Kevin G Connors2 other2016-08
John R. McDonough1 other2020-01
Kevin H. Connors1 other2012-03
William H. Gruber1 other2012-03
Ali G. Behbahani2016-08
David R. Neustaedter2020-01
Dr. William Daniel Pintauro2012-03
Gerrit R. Adams2020-01
John G. McDonough2016-08
Ryan G. Drant2016-08
Stacy G. Enxing Seng2016-08
Registry & provenance

Solace Therapeutics 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
1371796
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
Interlace Medical IncOther Health CareSeries B$20.5M$454.2Mnetwork3 shared operators
Time Therapeutics Inc.PharmaSeries A$28.6M$66.9Msame sector · same stage
Strata Oncology, Inc.PharmaSeries A$29.2M$27.0Msame sector · same stage
C2 Therapeutics IncPharmaSeries A$25.9M$195.1Msame sector · same stage
Swing Therapeutics, Inc.PharmaSeries A$34.2M$10.4Msame sector · same stage
Strategic Pharmaceutical Solutions, IncPharmaSeries A$23.3M$46.2Msame sector · same stage
American Renal Associates Holdings, Inc.Other Health CareSeries A$27.2M$3.1Mnetwork1 shared operator · same stage
Briggo, Inc.Other TechnologySeries A$26.0M$41.6Mnetwork1 shared operator · 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
Solace Lifesciences, Inc.Other Health CareSeries A$100.9M84%
Soleno Therapeutics IncPharmaSeries C$680.6M83%
Cyrano Therapeutics, Inc.PharmaSeries A$108.4M83%
Pear Therapeutics, Inc.PharmaSeries D+$4.1B83%
Pasithea Therapeutics Corp.PharmaSeries B$591.3M82%
Levo Therapeutics, Inc.PharmaSeries C$1.4B82%
Nia Therapeutics, Inc.PharmaSeries B$357.8M82%
Chaperone Therapeutics, Inc.PharmaPre-Seed$21.6M82%
Frequently asked
How much funding has Solace Therapeutics Inc raised?
Solace Therapeutics Inc has raised approximately $28.4M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Solace Therapeutics Inc's estimated valuation?
Provath's modeled valuation for Solace Therapeutics Inc is approximately $202.2M (modeled range $7.5M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Solace Therapeutics Inc at?
Solace Therapeutics Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Jan 30.
What does Solace Therapeutics Inc do and where is it based?
Solace Therapeutics Inc operates in the Pharma sector, based in FRAMINGHAM.
Explore related

See where Solace Therapeutics 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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