Companies · Biotechnology

Triad Life Sciences Inc.

MEMPHIS · Biotechnology

Diligence memoA one-page analyst read on Triad Life Sciences Inc. — recommendation, valuation, rhythm, risks.
$17.1M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 36%
Sector rank · raised
Series A
Latest stage · inferred · Mon Apr 06 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Triad Life Sciences 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 1.32× the median modeled value of Series A Biotechnology companies in 2019–2021 (216 peers) — value vs value, same stage and era.
  • Within the normal band (132% of peer median) for its niche.
Dormant
  • Last raise 6.2 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

Triad Life Sciences Inc. is one of 4291 Biotechnology companies tracked from MEMPHIS. By capital raised it ranks mid-pack (ahead of 65% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
14
Investors (latest)
2017
Year incorporated
2020-04-06
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$500MSeed · 2017-10-30 Raised $1.3M (real) Modeled valuation $58M (est)Seed2017Pre-Seed · 2017-10-30 Raised $1.0M (real) Modeled valuation $55M (est)Pre-Seed2017Seed · 2018-05-31 Raised $2.9M (real) Modeled valuation $127M (est)Seed2018Seed · 2019-03-01 Raised $3.0M (real) Modeled valuation $131M (est)Seed2019Seed · 2019-05-14 Raised $3.3M (real) Modeled valuation $148M (est)Seed2019Series A · 2020-04-06 Raised $6.6M (real) Modeled valuation $238M (est)Series A2020Series A · 2020-04-06 Raised $5.0M (real) Modeled valuation $181M (est)Series A2020+$1.0M+$2.9M+$3.0M+$3.3M+$6.6M+$5.0MCumulative $23M

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$1.3M · 2017
Bridge · Seed-stage$1.0M · 2017smaller follow-on
Seed extension$2.9M · 2018
Seed extension$3.0M · 2019
Seed extension$3.3M · 2019
Series A$6.6M · 2020
Series A extension$5.0M · 2020

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

Modeled valuation trajectory
$238.3M
Base estimate est.
$7.2M
Conservative case
$1.3B
Upside case
$30.0M
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 biotech sector profile. Directional, not a quoted figure.

Seed · modeled $58.2M · 2017-10-302017Pre-Seed · modeled $55.2M · 2017-10-30Seed · modeled $127.3M · 2018-05-31Seed · modeled $131.0M · 2019-03-01Seed · modeled $148.3M · 2019-05-14Series A · modeled $238.3M · 2020-04-06Series A · modeled $180.6M · 2020-04-062020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
6.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$7.0M/yr
Capital velocity
8.7 yr
On record since
2017
First round
7
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) 2.4× above median
This company$17.1M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$5.0M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 3.7× above median
This company$238.3M
Sector median$64.2M

Raised more than 65% of sector peers (real $). Modeled value above 74% 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 #69 of 216.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)TRACT Therapeutics, Inc. · Series A Raised $15.0M · modeled $542.3M (est)Arrakis Therapeutics, Inc. · Series A Raised $28.2M · modeled $542.3M (est)TechAccel, LLC · Series A Raised $15.0M · modeled $541.9M (est)Trident Labs, Inc. · Series A Raised $14.0M · modeled $506.1M (est)Meissa Vaccines Inc · Series A Raised $15.2M · modeled $503.1M (est)Vibe Bioscience Ltd. · Series A Raised $13.9M · modeled $501.1M (est)Trovagene, Inc. · Series A Raised $45.3M · modeled $488.0M (est)Equinox, Inc. · Series A Raised $34.7M · modeled $485.2M (est)Taiga Biotechnologies, Inc. · Series A Raised $37.9M · modeled $484.6M (est)Aruna Biomedical Inc · Series A Raised $22.4M · modeled $480.5M (est)Vibe Bioscience Corp · Series A Raised $13.7M · modeled $476.8M (est)Adarza BioSystems, Inc. · Series A Raised $31.5M · modeled $461.9M (est)Triad Life Sciences Inc. (this company) Raised $17.1M · modeled $238.3M (est)Triad Life Sciences Inc.
CompanyStageRaised · realValue · estvs peer med.
TRACT Therapeutics, Inc.Series A$15.0M$542.3M3.00×
Arrakis Therapeutics, Inc.Series A$28.2M$542.3M3.00×
TechAccel, LLCSeries A$15.0M$541.9M3.00×
Trident Labs, Inc.Series A$14.0M$506.1M2.80×
Meissa Vaccines IncSeries A$15.2M$503.1M2.78×
Vibe Bioscience Ltd.Series A$13.9M$501.1M2.77×
Trovagene, Inc.Series A$45.3M$488.0M2.70×
Equinox, Inc.Series A$34.7M$485.2M2.68×
Taiga Biotechnologies, Inc.Series A$37.9M$484.6M2.68×
Aruna Biomedical IncSeries A$22.4M$480.5M2.66×
Vibe Bioscience CorpSeries A$13.7M$476.8M2.64×
Adarza BioSystems, Inc.Series A$31.5M$461.9M2.56×
Triad Life Sciences Inc. this companySeries A$17.1M$238.3M1.32×
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$1.3M2017-10-30$6.5M$58.2M90%
Pre-Seed$1.0M2017-10-30$5.6M$55.2M90%
Seed$2.9M2018-05-31$14.3M$127.3M90%
Seed$3.0M2019-03-01$14.8M$131.0M90%
Seed$3.3M2019-05-14$16.7M$148.3M90%
Series A$6.6M2020-04-06$30.0M$238.3M90%
Series A$5.0M2020-04-06$22.7M$180.6M90%
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$1.3M2017-10-30
    • First recorded raise — entered as Seed.
    • 5 investors on this round.
  2. Pre-Seed$1.0M2017-10-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  3. Seed$2.9M2018-05-31
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Seed$3.0M2019-03-01
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  5. Seed$3.3M2019-05-14
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  6. Series A$6.6M2020-04-06
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 29 investors on this round.
  7. Series A$5.0M2020-04-06
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 14 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~5mo cadence
$5.0M
Modeled next size est.range $5.0M$8.0M
0.8×
Last step-up
$7.0M/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
Kevin Foley7 other2019-03
George White2 other2019-03
Ron Nixon2 other2019-03
Donna Best2019-03
Donna M Best2017-10
George M White2018-05
Kevin M Foley, M.D.2018-05
Kurt Klitzke2019-03
Russell I Olsen2017-10
Russell Olsen2019-03
Registry & provenance

Triad Life Sciences 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
1721364
SEC CIK
2017
Incorporated
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
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BCD Bioscience, Inc.BiotechnologySeries A$16.4M$188.9Msame sector · same stage
Sofregen Medical Inc.BiotechnologySeries A$17.8M$293.0Msame sector · same stage
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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
Quadrant Biosciences IncBiotechnologySeries B$240.8M88%
Mosaic Biosciences, Inc.BiotechnologySeries A$176.1M87%
CytoBioscience, Inc.BiotechnologySeries B$60.7M87%
Greenwich LifeSciences, Inc.BiotechnologySeed$12.4M87%
3D Bio Holdings, Inc.BiotechnologySeries A$181.8M87%
Pyramid Biosciences, Inc.BiotechnologySeries B$777.6M87%
Nielsen BioSciences, Inc.BiotechnologySeries A$182.1M87%
Rowan Scientific CorpBiotechnologySeed$11.0M87%
Frequently asked
How much funding has Triad Life Sciences Inc. raised?
Triad Life Sciences Inc. has raised approximately $17.1M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Triad Life Sciences Inc.'s estimated valuation?
Provath's modeled valuation for Triad Life Sciences Inc. is approximately $238.3M (modeled range $7.2M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Triad Life Sciences Inc. at?
Triad Life Sciences Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Apr 06.
What does Triad Life Sciences Inc. do and where is it based?
Triad Life Sciences Inc. operates in the Biotechnology sector, based in MEMPHIS.
Explore related

See where Triad Life Sciences 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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