Companies · Biotechnology

Soricimed Biopharma Inc.

MONCTON · Biotechnology

Diligence memoA one-page analyst read on Soricimed Biopharma Inc. — recommendation, valuation, rhythm, risks.
$2.9M
Total raised · real
2
Rounds
0.5×
Latest step-up
Top 68%
Sector rank · raised
Seed
Latest stage · inferred · Fri Jul 23 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Soricimed Biopharma 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 biotech 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 1.07× the median modeled value of Seed Biotechnology companies in 2019–2021 (186 peers) — value vs value, same stage and era.
  • Within the normal band (107% of peer median) for its niche.
Dormant
  • Last raise 4.9 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

Soricimed Biopharma Inc. is one of 4291 Biotechnology companies tracked from MONCTON. By capital raised it ranks in the long tail (ahead of 33% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(c)
Reg D exemption
42
Investors (latest)
2021-07-23
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$25M$50M$75M$100MPre-Seed · 2011-09-30 Raised $109K (real) Modeled valuation $6.0M (est)$109K$6.0MPre-Seed2011Seed · 2021-07-23 Raised $2.8M (real) Modeled valuation $68M (est)$2.8M$68MSeed2021Seed · 2021-07-23 Raised $1.4M (real) Modeled valuation $35M (est)$1.4M$35MSeed2021+$2.8M+$1.4MCumulative $4.3M

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$109K · 2011
Seed$2.8M · 2021
Seed extension$1.4M · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$68.5M
Base estimate est.
$2.0M
Conservative case
$403.3M
Upside case
$13.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.0M · 2011-09-302011Seed · modeled $68.5M · 2021-07-23Seed · modeled $34.9M · 2021-07-232021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
4.9 yr
Elapsed time used
4.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
59 mo
Avg between rounds
$294K/yr
Capital velocity
14.8 yr
On record since
2011
First round
3
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) 0.4× of median
This company$2.9M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.8× of median
This company$1.4M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$68.5M
Sector median$64.2M

Raised more than 33% of sector peers (real $). Modeled value above 52% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #75 of 186.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Entac Medical, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Novo Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Korro Bio, Inc. · Seed Raised $4.0M · modeled $177.6M (est)ReGelTec, Inc. · Seed Raised $6.0M · modeled $177.6M (est)TamuroBio Inc. · Seed Raised $4.0M · modeled $177.6M (est)Initial Therapeutics, Inc. · Seed Raised $3.8M · modeled $168.3M (est)Helaina Inc · Seed Raised $4.4M · modeled $164.8M (est)Onchilles Pharma, Inc. · Seed Raised $3.6M · modeled $158.5M (est)UVision 360, Inc. · Seed Raised $4.6M · modeled $155.7M (est)Safeguard Biosystems Holdings Ltd · Seed Raised $3.5M · modeled $155.4M (est)Enable Medicine Inc. · Seed Raised $3.6M · modeled $152.1M (est)Newomics Inc. · Seed Raised $3.9M · modeled $148.7M (est)Soricimed Biopharma Inc. (this company) Raised $2.9M · modeled $68.5M (est)Soricimed Biopharma Inc.
CompanyStageRaised · realValue · estvs peer med.
Entac Medical, Inc.Seed$4.0M$177.6M2.77×
Novo Biosciences, Inc.Seed$4.0M$177.6M2.77×
Korro Bio, Inc.Seed$4.0M$177.6M2.77×
ReGelTec, Inc.Seed$6.0M$177.6M2.77×
TamuroBio Inc.Seed$4.0M$177.6M2.77×
Initial Therapeutics, Inc.Seed$3.8M$168.3M2.62×
Helaina IncSeed$4.4M$164.8M2.57×
Onchilles Pharma, Inc.Seed$3.6M$158.5M2.47×
UVision 360, Inc.Seed$4.6M$155.7M2.43×
Safeguard Biosystems Holdings LtdSeed$3.5M$155.4M2.42×
Enable Medicine Inc.Seed$3.6M$152.1M2.37×
Newomics Inc.Seed$3.9M$148.7M2.32×
Soricimed Biopharma Inc. this companySeed$2.9M$68.5M1.07×
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$109K2011-09-30$606K$6.0M85%
Seed$2.8M2021-07-23$13.9M$68.5M90%
Seed$1.4M2021-07-23$7.1M$34.9M90%
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$109K2011-09-30
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$2.8M2021-07-23
    • Raised again after 118 mo — slower than the ~14 mo sector norm.
    • Round 25.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 504).
    • 45 investors on this round.
  3. Seed$1.4M2021-07-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 42 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~59mo cadence
$1.4M
Modeled next size est.range $1.4M$2.3M
0.5×
Last step-up
$294K/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
Marc Rubin5 other2021-07
Robert Bruce3 other2021-07
Camille Belliveau2021-07
Jack Stewart2011-09
Paul Gunn2011-09
Susan Hicks2021-07
Tom Reeves2021-07
Vaughn Embro-Pantelony2021-07
Registry & provenance

Soricimed Biopharma 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
1532755
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
Asana Medical, Inc.BiotechnologySeed$2.9M$64.5Msame sector · same stage
TGS Knee Innovations, IncBiotechnologySeed$2.8M$68.0Msame sector · same stage
Personalized Stem Cells, Inc.BiotechnologySeed$2.9M$70.4Msame sector · same stage
Antria, Inc.BiotechnologySeed$2.9M$63.9Msame sector · same stage
Florida Biomed, LlcBiotechnologySeed$2.9M$68.8Msame sector · same stage
Positron CorpBiotechnologySeed$2.8M$57.7Msame sector · same stage
MaveriX Oncology, Inc.BiotechnologySeed$2.8M$79.9Msame sector · same stage
Animated Dynamics, Inc.BiotechnologySeed$3.0M$56.7Msame 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
Capricor Therapeutics, Inc.BiotechnologySeries B$147.2M84%
Pharmesol Inc.BiotechnologySeed$4.2M84%
PharmaTher Holdings Ltd.BiotechnologySeries A$156.4M84%
Soteria Biotherapeutics, Inc.BiotechnologySeries B$688.5M82%
Onchilles Pharma, Inc.BiotechnologySeed$158.5M82%
Tuhura Biopharma Inc.BiotechnologyPre-Seed$27.6M82%
Sycamore Biopharma, Inc.BiotechnologyPre-Seed$6.3M82%
Vitro Biopharma, Inc.BiotechnologySeed$293K81%
Frequently asked
How much funding has Soricimed Biopharma Inc. raised?
Soricimed Biopharma Inc. has raised approximately $2.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Soricimed Biopharma Inc.'s estimated valuation?
Provath's modeled valuation for Soricimed Biopharma Inc. is approximately $68.5M (modeled range $2.0M–$403.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Soricimed Biopharma Inc. at?
Soricimed Biopharma Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Jul 23.
What does Soricimed Biopharma Inc. do and where is it based?
Soricimed Biopharma Inc. operates in the Biotechnology sector, based in MONCTON.
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