Companies · Biotechnology

Source Precision Medicine, Inc.

BOUNDER · Biotechnology

Diligence memoA one-page analyst read on Source Precision Medicine, Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 73%
Sector rank · raised
Seed
Latest stage · inferred · Wed Aug 11 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Source Precision Medicine, 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 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 0.26× the median modeled value of Seed Biotechnology companies in 2010–2012 (151 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.9 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

Source Precision Medicine, Inc. is one of 4293 Biotechnology companies tracked from BOUNDER. By capital raised it ranks in the long tail (ahead of 28% of sector peers), and in the long tail 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
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$100MSeed · 2010-02-12 Raised $1.5M (real) Modeled valuation $67M (est)$1.5M$67MSeed2010Seed · 2010-08-11 Raised $500K (real) Modeled valuation $22M (est)$500K$22MSeed2010+$500KCumulative $2.0M

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$1.5M · 2010
Seed extension$500K · 2010

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — 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
$22.2M
Base estimate est.
$360K
Conservative case
$174.2M
Upside case
$2.5M
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.

Seed · modeled $67.0M · 2010-02-122010Seed · modeled $22.2M · 2010-08-112010
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
6.0 yr
Elapsed time used
15.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$4.1M/yr
Capital velocity
16.4 yr
On record since
2010
First round
2
Rounds on file
How it compares to the market

Benchmarked against 4293 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) 0.3× of median
This company$2.0M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$500K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$22.2M
Sector median$64.2M

Raised more than 28% of sector peers (real $). Modeled value above 30% 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 #135 of 151.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Denali Medical II, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Signum Biosciences, Inc. · Seed Raised $4.0M · modeled $177.6M (est)Health Elements, LLC · Seed Raised $4.0M · modeled $177.6M (est)Nkt Therapeutics Inc · Seed Raised $4.0M · modeled $177.6M (est)Surface Logix Inc · Seed Raised $4.0M · modeled $177.6M (est)Fe3 Medical, Inc. · Seed Raised $5.4M · modeled $177.1M (est)Proteonomix, Inc. · Seed Raised $3.8M · modeled $169.0M (est)SRS Medical Systems, Inc. · Seed Raised $3.8M · modeled $167.4M (est)Origen Therapeutics Inc /Ca · Seed Raised $3.7M · modeled $166.2M (est)Vivebio, LLC · Seed Raised $3.7M · modeled $163.1M (est)O2 Medtech Inc · Seed Raised $7.1M · modeled $160.3M (est)Biothera, Inc. · Seed Raised $3.5M · modeled $155.4M (est)Source Precision Medicine, Inc. (this company) Raised $2.0M · modeled $22.2M (est)Source Precision Medicine, Inc.
CompanyStageRaised · realValue · estvs peer med.
Denali Medical II, Inc.Seed$4.0M$177.6M2.05×
Signum Biosciences, Inc.Seed$4.0M$177.6M2.05×
Health Elements, LLCSeed$4.0M$177.6M2.05×
Nkt Therapeutics IncSeed$4.0M$177.6M2.05×
Surface Logix IncSeed$4.0M$177.6M2.05×
Fe3 Medical, Inc.Seed$5.4M$177.1M2.05×
Proteonomix, Inc.Seed$3.8M$169.0M1.95×
SRS Medical Systems, Inc.Seed$3.8M$167.4M1.93×
Origen Therapeutics Inc /CaSeed$3.7M$166.2M1.92×
Vivebio, LLCSeed$3.7M$163.1M1.88×
O2 Medtech IncSeed$7.1M$160.3M1.85×
Biothera, Inc.Seed$3.5M$155.4M1.79×
Source Precision Medicine, Inc. this companySeed$2.0M$22.2M0.26×
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$1.5M2010-02-12$7.5M$67.0M90%
Seed$500K2010-08-11$2.5M$22.2M90%
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$1.5M2010-02-12
    • First recorded raise — entered as Seed.
  2. Seed$500K2010-08-11
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q1
Modeled next raise · ~6mo cadence
$500K
Modeled next size est.range $500K$800K
0.3×
Last step-up
$4.1M/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
Karl Wassmann1 other2010-02
J. Terence Carleton2010-02
Karl Wassman2010-08
Registry & provenance

Source Precision Medicine, 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
1077396
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
Healix Clinical Laboratory LLCBiotechnologySeed$2.0M$18.4Msame sector · same stage
Proactive Diagnostics, Inc.BiotechnologySeed$2.0M$24.5Msame sector · same stage
Nomax Therapeutics, IncBiotechnologySeed$2.1M$25.1Msame sector · same stage
Sensible Biotechnologies, Inc.BiotechnologySeed$1.8M$19.2Msame sector · same stage
SunnyBay BioTech, Inc.BiotechnologySeed$2.2M$24.4Msame sector · same stage
EOLO USA, Inc.BiotechnologySeed$1.8M$23.8Msame sector · same stage
ExpressCells, Inc.BiotechnologySeed$1.8M$22.1Msame sector · same stage
PathCision Medicine, Inc.BiotechnologySeed$2.3M$20.4Msame sector · same stage
Frequently asked
How much funding has Source Precision Medicine, Inc. raised?
Source Precision Medicine, Inc. has raised approximately $2.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Source Precision Medicine, Inc.'s estimated valuation?
Provath's modeled valuation for Source Precision Medicine, Inc. is approximately $22.2M (modeled range $360K–$174.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Source Precision Medicine, Inc. at?
Source Precision Medicine, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Aug 11.
What does Source Precision Medicine, Inc. do and where is it based?
Source Precision Medicine, Inc. operates in the Biotechnology sector, based in BOUNDER.
Explore related

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