Companies · Pharmaceuticals

Syndax Pharmaceuticals Inc

WALTHAM · Pharmaceuticals

Diligence memoA one-page analyst read on Syndax Pharmaceuticals Inc — recommendation, valuation, rhythm, risks.
$139.5M
Total raised · real
8
Rounds
2.6×
Latest step-up
Top 7%
Sector rank · raised
Series C
Latest stage · inferred · Fri Aug 21 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Syndax Pharmaceuticals 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 1.04× the median modeled value of Series C Pharmaceuticals companies in 2013–2015 (19 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Dormant
  • Last raise 10.9 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

Syndax Pharmaceuticals Inc is one of 1613 Pharmaceuticals companies tracked from WALTHAM. By capital raised it ranks among the largest (ahead of 94% of sector peers), and among the largest 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$1.3B$2.5B$3.8B$5.0BSeries A · 2010-01-22 Raised $9.0M (real) Modeled valuation $279M (est)Series A2010Series A · 2010-08-03 Raised $6.0M (real) Modeled valuation $186M (est)Series A2010Series B · 2013-03-08 Raised $31M (real) Modeled valuation $1.1B (est)Series B2013Series B · 2014-01-23 Raised $1.3M (real) Modeled valuation $43M (est)Series B2014Series B · 2014-02-04 Raised $1.7M (real) Modeled valuation $59M (est)Series B2014Series B · 2014-09-18 Raised $4.9M (real) Modeled valuation $168M (est)Series B2014Series B · 2015-06-01 Raised $24M (real) Modeled valuation $815M (est)Series B2015Series C · 2015-08-21 Raised $61M (real) Modeled valuation $2.1B (est)Series C2015+$6.0M+$31M+$1.3M+$1.7M+$4.9M+$24M+$61MCumulative $139M

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$9.0M · 2010
Series A extension$6.0M · 2010
Series B$31.3M · 2013
Series B extension$1.3M · 2014
Series B extension$1.7M · 2014
Series B extension$4.9M · 2014
Series B extension$24.0M · 2015
Series C$61.3M · 2015

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: 60%.

Modeled valuation trajectory
$2.1B
Base estimate est.
$198.9M
Conservative case
$5.7B
Upside case
$408.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series A · modeled $278.7M · 2010-01-222010Series A · modeled $186.0M · 2010-08-03Series B · modeled $1.1B · 2013-03-08Series B · modeled $43.2M · 2014-01-23Series B · modeled $58.8M · 2014-02-04Series B · modeled $168.2M · 2014-09-18Series B · modeled $814.8M · 2015-06-01Series C · modeled $2.1B · 2015-08-212015
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
49% low · 76% high
1.42×/yr
Annual markup
1.62×/yr upside case
6.0 yr
Elapsed time used
10.9 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$25.0M/yr
Capital velocity
16.4 yr
On record since
2010
First round
8
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) 17× above median
This company$139.5M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.3× above median
This company$61.3M
Sector median$46.4M
Modeled value — vs sector median (estimate, all stages) 28× above median
This company$2.1B
Sector median$76.1M

Raised more than 94% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #5 of 19.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Bellicum Pharmaceuticals, Inc · Series C Raised $136.8M · modeled $3.3B (est)Paratek Pharmaceuticals Inc · Series C Raised $93.0M · modeled $3.3B (est)Turing Pharmaceuticals AG · Series C Raised $153.0M · modeled $3.2B (est)Seres Health, Inc. · Series C Raised $123.6M · modeled $2.3B (est)Intra Cellular Therapies Inc · Series C Raised $80.9M · modeled $2.1B (est)Trevena Inc · Series C Raised $77.5M · modeled $2.1B (est)Ascendis Pharma A/S · Series C Raised $60.0M · modeled $2.1B (est)Clementia Pharmaceuticals Inc. · Series C Raised $60.0M · modeled $2.1B (est)Mannkind Corp · Series C Raised $58.9M · modeled $2.1B (est)Edge Therapeutics, Inc. · Series C Raised $72.1M · modeled $2.0B (est)ARCA biopharma, Inc. · Series C Raised $59.9M · modeled $1.8B (est)Syndax Pharmaceuticals Inc (this company) Raised $139.5M · modeled $2.1B (est)Syndax Pharmaceuticals Inc
CompanyStageRaised · realValue · estvs peer med.
Bellicum Pharmaceuticals, IncSeries C$136.8M$3.3B1.60×
Paratek Pharmaceuticals IncSeries C$93.0M$3.3B1.58×
Turing Pharmaceuticals AGSeries C$153.0M$3.2B1.53×
Seres Health, Inc.Series C$123.6M$2.3B1.10×
Syndax Pharmaceuticals Inc this companySeries C$139.5M$2.1B1.04×
Intra Cellular Therapies IncSeries C$80.9M$2.1B1.02×
Trevena IncSeries C$77.5M$2.1B1.02×
Ascendis Pharma A/SSeries C$60.0M$2.1B1.02×
Clementia Pharmaceuticals Inc.Series C$60.0M$2.1B1.02×
Mannkind CorpSeries C$58.9M$2.1B1.00×
Edge Therapeutics, Inc.Series C$72.1M$2.0B0.95×
ARCA biopharma, Inc.Series C$59.9M$1.8B0.88×
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$9.0M2010-01-22$40.9M$278.7M90%
Series A$6.0M2010-08-03$27.3M$186.0M90%
Series B$31.3M2013-03-08$174.1M$1.1B90%
Series B$1.3M2014-01-23$7.1M$43.2M90%
Series B$1.7M2014-02-04$9.6M$58.8M90%
Series B$4.9M2014-09-18$27.5M$168.2M90%
Series B$24.0M2015-06-01$133.1M$814.8M90%
Series C$61.3M2015-08-21$408.3M$2.1B90%
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$9.0M2010-01-22
    • First recorded raise — entered as Series A.
  2. Series A$6.0M2010-08-03
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  3. Series B$31.3M2013-03-08
    • Raised again after 31 mo — slower than the ~13 mo sector norm.
    • Round 5.2× larger than the prior — scaling up.
  4. Series B$1.3M2014-01-23
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 24.7× smaller than the prior — bridge or down round.
  5. Series B$1.7M2014-02-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
  6. Series B$4.9M2014-09-18
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
  7. Series B$24.0M2015-06-01
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
  8. Series C$61.3M2015-08-21
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
Intelligence
2016 ~Q2
Modeled next raise · ~10mo cadence
$156.6M
Modeled next size est.range $101.8M$250.5M
2.6×
Last step-up
$25.0M/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
Ivor Royston6 other2014-01
Dennis Podlesak5 other2010-01
Arlene Morris4 other2013-03
Ivor Royston, M.D.1 other2015-08
Kim Kamdar, Ph.D.1 other2010-01
Richard P Shea1 other2014-01
Rosina Maar Pavia, M.D.1 other2010-01
Briggs W Morrison, M.D.2015-08
Fabrice Egros2013-03
Fabrice Egros, Ph.D.2014-01
George W Sledge, Jr. M.D.2014-02
Henry W Chen2015-06
Joanna Horobin, M.D.2010-01
John Pallies2014-01
Kim Kamdar, PhD2010-08
Luke Evnin, Ph.D.2013-03
Michael W Metzger2015-06
Robert Goodenow, Ph.D.2010-01
Robert Goodenow, PhD2010-08
Steven St. Peter, M.D.2010-01
Registry & provenance

Syndax 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
1395937
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
LigoCyte Pharmaceuticals IncPharmaceuticalsSeries B$50.1M$68.0Mnetwork2 shared operators · same sector
Transposon Therapeutics, Inc.PharmaceuticalsSeries C$59.1M$40.6Mnetwork1 shared operator · same sector · same stage
VYNE Therapeutics Inc.PharmaceuticalsSeries C$139.5M$972.1Msame sector · same stage
Enliven Therapeutics, Inc.PharmaceuticalsSeries C$140.1M$867.9Msame sector · same stage
Apellis Pharmaceuticals, Inc.PharmaceuticalsSeries C$140.2M$703.0Msame sector · same stage
Mirum Pharmaceuticals, Inc.PharmaceuticalsSeries C$138.5M$348.3Msame sector · same stage
Tenax Therapeutics, Inc.PharmaceuticalsSeries C$138.4M$841.5Msame sector · same stage
Aragon Pharmaceuticals, Inc.PharmaceuticalsSeries C$141.5M$1.8Bsame sector · same stage
Frequently asked
How much funding has Syndax Pharmaceuticals Inc raised?
Syndax Pharmaceuticals Inc has raised approximately $139.5M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Syndax Pharmaceuticals Inc's estimated valuation?
Provath's modeled valuation for Syndax Pharmaceuticals Inc is approximately $2.1B (modeled range $198.9M–$5.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Syndax Pharmaceuticals Inc at?
Syndax Pharmaceuticals Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Aug 21.
What does Syndax Pharmaceuticals Inc do and where is it based?
Syndax Pharmaceuticals Inc operates in the Pharmaceuticals sector, based in WALTHAM.
Explore related

See where Syndax 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 Syndax 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.