Companies · Biotechnology

Synthego Corp

REDWOOD CITY · Biotechnology

Diligence memoA one-page analyst read on Synthego Corp — recommendation, valuation, rhythm, risks.
$155.7M
Total raised · real
5
Rounds
2.6×
Latest step-up
Top 6%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Oct 09 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Synthego Corp 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 1.00× the median modeled value of Series D+ Biotechnology companies in 2016–2018 (13 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 7.7 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

Synthego Corp is one of 4293 Biotechnology companies tracked from REDWOOD CITY. By capital raised it ranks among the largest (ahead of 95% 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
Rule 506(b)
Reg D exemption
29
Investors (latest)
2018-10-09
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$1.3B$2.5B$3.8B$5.0BPre-Seed · 2012-06-12 Raised $205K (real) Modeled valuation $11M (est)$205K$11MPre-Seed2012Pre-Seed · 2012-07-30 Raised $250K (real) Modeled valuation $14M (est)$250K$14MPre-Seed2012Series A · 2013-06-26 Raised $8.3M (real) Modeled valuation $300M (est)$8.3M$300MSeries A2013Series C · 2016-12-21 Raised $41M (real) Modeled valuation $1.7B (est)$41M$1.7BSeries C2016Series D+ · 2018-10-09 Raised $106M (real) Modeled valuation $4.4B (est)$106M$4.4BSeries D+2018+$250K+$8.3M+$41M+$106MCumulative $156M

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$205K · 2012
Pre-Seed extension$250K · 2012
Series A$8.3M · 2013no Seed on file
Series C$40.7M · 2016no Series B on file
Series D+$106.3M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$4.4B
Base estimate est.
$481.8M
Conservative case
$9.6B
Upside case
$885.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $11.3M · 2012-06-122012Pre-Seed · modeled $13.8M · 2012-07-30Series A · modeled $299.8M · 2013-06-26Series C · modeled $1.7B · 2016-12-21Series D+ · modeled $4.4B · 2018-10-092018
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
54% low · 75% high
1.39×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
7.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$24.6M/yr
Capital velocity
14.1 yr
On record since
2012
First round
5
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) 22× above median
This company$155.7M
Sector median$7.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.9× of median
This company$106.3M
Sector median$120.0M
Modeled value — vs sector median (estimate, all stages) 68× above median
This company$4.4B
Sector median$64.2M

Raised more than 95% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #7 of 13.

This companyCohort peer
$1.0B$10.0B$100.0B$10.0M$100.0M$1.0BCapital raised (log)Guardant Health, Inc. · Series D+ Raised $500.0M · modeled $13.2B (est)Humacyte, Inc. · Series D+ Raised $274.8M · modeled $6.2B (est)Atreca, Inc. · Series D+ Raised $222.2M · modeled $5.2B (est)Semma Therapeutics, Inc. · Series D+ Raised $129.3M · modeled $4.7B (est)Braeburn Pharmaceuticals, Inc. · Series D+ Raised $110.0M · modeled $4.5B (est)Schrodinger, Inc. · Series D+ Raised $159.8M · modeled $4.4B (est)Neon Therapeutics, Inc. · Series D+ Raised $106.0M · modeled $4.4B (est)Rubius Therapeutics, Inc. · Series D+ Raised $216.2M · modeled $4.2B (est)Allakos Inc. · Series D+ Raised $128.1M · modeled $4.1B (est)Unity Biotechnology, Inc. · Series D+ Raised $208.6M · modeled $2.3B (est)Edwards Lifesciences Corp · Series D+ Raised $307.2M · modeled $1.4B (est)Synthego Corp (this company) Raised $155.7M · modeled $4.4B (est)Synthego Corp
CompanyStageRaised · realValue · estvs peer med.
Guardant Health, Inc.Series D+$500.0M$13.2B3.02×
Humacyte, Inc.Series D+$274.8M$6.2B1.41×
Atreca, Inc.Series D+$222.2M$5.2B1.18×
Semma Therapeutics, Inc.Series D+$129.3M$4.7B1.07×
Braeburn Pharmaceuticals, Inc.Series D+$110.0M$4.5B1.04×
Schrodinger, Inc.Series D+$159.8M$4.4B1.01×
Synthego Corp this companySeries D+$155.7M$4.4B1.00×
Neon Therapeutics, Inc.Series D+$106.0M$4.4B1.00×
Rubius Therapeutics, Inc.Series D+$216.2M$4.2B0.95×
Allakos Inc.Series D+$128.1M$4.1B0.94×
Unity Biotechnology, Inc.Series D+$208.6M$2.3B0.52×
Edwards Lifesciences CorpSeries D+$307.2M$1.4B0.33×
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$205K2012-06-12$1.1M$11.3M85%
Pre-Seed$250K2012-07-30$1.4M$13.8M85%
Series A$8.3M2013-06-26$37.7M$299.8M85%
Series C$40.7M2016-12-21$271.3M$1.7B90%
Series D+$106.3M2018-10-09$885.6M$4.4B90%
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$205K2012-06-12
    • First recorded raise — entered as Pre-Seed.
    • 6 investors on this round.
  2. Pre-Seed$250K2012-07-30
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Series A$8.3M2013-06-26
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 33.2× larger than the prior — scaling up.
    • 18 investors on this round.
  4. Series C$40.7M2016-12-21
    • Raised again after 42 mo — slower than the ~14 mo sector norm.
    • Round 4.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 22 investors on this round.
  5. Series D+$106.3M2018-10-09
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 29 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~19mo cadence
$277.5M
Modeled next size est.range $180.4M$444.0M
2.6×
Last step-up
$24.6M/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
Drew John Oetting2016-12
Forrest John Baringer-Jones2018-10
Michael Jakub Dabrowski2012-06
Paul John Dabrowski2012-06
Scott John Nolan2016-12
Registry & provenance

Synthego Corp 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
1553025
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
Vascular Perfusion Solutions, Inc.BiotechnologySeries D+$154.9M$1.2Bsame sector · same stage
Elektrofi, Inc.BiotechnologySeries D+$154.8M$1.2Bsame sector · same stage
Jnana Therapeutics Inc.BiotechnologySeries D+$157.0M$2.0Bsame sector · same stage
Saliogen Therapeutics, Inc.BiotechnologySeries D+$152.2M$3.4Bsame sector · same stage
Kyverna Therapeutics, Inc.BiotechnologySeries D+$152.0M$4.0Bsame sector · same stage
Imvax, Inc.BiotechnologySeries D+$151.8M$4.6Bsame sector · same stage
Schrodinger, Inc.BiotechnologySeries D+$159.8M$4.4Bsame sector · same stage
Forge Biologics Holdings, LLCBiotechnologySeries D+$160.0M$3.8Bsame 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
Synthorx, Inc.BiotechnologySeries B$1.1B90%
SyntheX,Inc.BiotechnologySeries A$34.7M89%
Cadenza Bio, Inc.BiotechnologySeed$16.3M85%
Synthetica Bio, Inc.BiotechnologySeries A$37.8M84%
Organogenesis Holdings Inc.BiotechnologySeries D+$1.3B83%
Trancura Biosciences, Inc.BiotechnologyPre-Seed$21.5M82%
EnGraft Technologies, Inc.BiotechnologyPre-Seed$9.2M82%
Variant Bio, Inc.BiotechnologySeries D+$2.8B82%
Frequently asked
How much funding has Synthego Corp raised?
Synthego Corp has raised approximately $155.7M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Synthego Corp's estimated valuation?
Provath's modeled valuation for Synthego Corp is approximately $4.4B (modeled range $481.8M–$9.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Synthego Corp at?
Synthego Corp's latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Oct 09.
What does Synthego Corp do and where is it based?
Synthego Corp operates in the Biotechnology sector, based in REDWOOD CITY.
Explore related

See where Synthego Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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