Companies · Biotechnology

Virion Therapeutics, LLC

NEWARK · Biotechnology

Diligence memoA one-page analyst read on Virion Therapeutics, LLC — recommendation, valuation, rhythm, risks.
$10.9M
Total raised · real
2
Rounds
0.2×
Latest step-up
Top 43%
Sector rank · raised
Recurring offerings
Latest stage · inferred · Mon Oct 28 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Virion Therapeutics, LLC has raised $11M over 2 rounds; too few niche peers to rank its valuation yet.

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.

Program ended
  • Last raise 6.7 yr ago; this sector typically re-raises about every 14 months.
  • For a recurring offering issuer, long silence usually means the offering program is inactive or ended; it is not proof the legal entity is defunct.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Recurring offering issuerhigh confidence

Virion Therapeutics, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Program-like
Frequent filings and follow-ons read more like a securities offering program than discrete startup rounds.
Lifecycle
9.0 yr record
Peak capital year was 2019 with $32.7M across 18 filings.
Market position
ahead of 58% of Biotechnology peers
Capital scale is ahead of 58% of Biotechnology peers; modeled value is above 72% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • 25 dated financing filings, averaging about 1 months apart.
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $32.7M across 18 filings.
  • Largest single filing was $5.7M on 2019-10-28.
  • Filing rows sum to $59.9M, while canonical raised total is $10.9M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Virion Therapeutics, LLC is one of 4293 Biotechnology companies tracked from NEWARK. By capital raised it ranks mid-pack (ahead of 58% 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.

pharma

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
23
Investors (latest)
2018
Year incorporated
2019-10-28
First sale
Amount raised vs valuation, by year

This issuer has a dense recurring filing history, so the chart groups filings by year. Solid bars are annual reported capital reported; hatched bars show the latest modeled value est. observed in that year. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Annual capital raised · realLatest value in year · estCumulative funded · real

Dense history compressed: 25 filings shown as 3 yearly buckets. Hover a bucket for filing count, annual capital, and latest modeled value.

$0$50M$100M$150M$200M2017: 1 filing Raised $2.1M total (real) Latest modeled valuation $94M (est)20171 filings2018: 6 filings Raised $25M total (real) Latest modeled valuation $166M (est)20186 filings2019: 18 filings Raised $33M total (real) Latest modeled valuation $58M (est)201918 filings+$25M+$33MCumulative $60M

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

This looks like a recurring offering series, so a VC stage ladder would be misleading. Showing the filed offering sequence instead.

Initial offering$2.1M · 2017
Follow-on offering$5.2M · 2018
Follow-on offering$2.1M · 2018
Follow-on offering$5.2M · 2018
Follow-on offering$4.9M · 2018
Follow-on offering$4.1M · 2018
Follow-on offering$3.7M · 2018
Follow-on offering$3.1M · 2019
Follow-on offering$1.1M · 2019
Follow-on offering$2.8M · 2019
Follow-on offering$695K · 2019
Follow-on offering$545K · 2019
Follow-on offering$495K · 2019
Follow-on offering$250K · 2019
Follow-on offering$1.1M · 2019
Follow-on offering$1.9M · 2019
Follow-on offering$3.0M · 2019
Follow-on offering$1.2M · 2019
Follow-on offering$3.4M · 2019
Follow-on offering$960K · 2019
Follow-on offering$595K · 2019
Follow-on offering$695K · 2019
Follow-on offering$3.9M · 2019
Follow-on offering$5.7M · 2019

Showing first 24 of 25 filings to keep the sequence readable.

Modeled valuation trajectory
$205.0M
Base estimate est.
$6.2M
Conservative case
$1.1B
Upside case
$25.8M
Modeled post-money

This issuer files recurring offerings, so the model treats stage labels as a loose sizing heuristic, not a clean VC ladder. The estimate anchors on reported filing amounts and dates, then applies benchmark dilution, survival, and markup assumptions. Directional, not a quoted figure.

Seed · modeled $94.1M · 2017-06-282017Series A · modeled $186.4M · 2018-06-28Seed · modeled $94.1M · 2018-06-28Series A · modeled $189.1M · 2018-06-28Series A · modeled $175.4M · 2018-06-28Series A · modeled $146.5M · 2018-06-28Seed · modeled $165.9M · 2018-06-28Seed · modeled $135.9M · 2019-10-28Seed · modeled $48.6M · 2019-10-28Seed · modeled $125.5M · 2019-10-28Pre-Seed · modeled $38.4M · 2019-10-28Pre-Seed · modeled $30.1M · 2019-10-28Pre-Seed · modeled $27.3M · 2019-10-28Pre-Seed · modeled $13.8M · 2019-10-28Seed · modeled $50.0M · 2019-10-28Seed · modeled $85.0M · 2019-10-28Seed · modeled $131.2M · 2019-10-28Seed · modeled $55.0M · 2019-10-28Seed · modeled $150.1M · 2019-10-28Pre-Seed · modeled $53.0M · 2019-10-28Pre-Seed · modeled $32.8M · 2019-10-28Pre-Seed · modeled $38.4M · 2019-10-28Seed · modeled $172.3M · 2019-10-28Series A · modeled $205.0M · 2019-10-28Seed · modeled $57.5M · 2019-10-282019
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
6.7 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
$4.7M/yr
Capital velocity
9.0 yr
On record since
2017
First round
25
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) 1.5× above median
This company$10.9M
Sector median$7.2M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$205.0M
Sector median$64.2M

Raised more than 58% of sector peers (real $). Modeled value above 72% of peers (estimate).

Full financing history

This issuer files too frequently for VC stage labels to be meaningful, so rows are shown as initial/follow-on offerings est. instead of Pre-Seed/Seed/Series buckets.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Initial offering$2.1M2017-06-28$10.6M$94.1M90%
Follow-on offering$5.2M2018-06-28$23.4M$186.4M90%
Follow-on offering$2.1M2018-06-28$10.6M$94.1M90%
Follow-on offering$5.2M2018-06-28$23.8M$189.1M90%
Follow-on offering$4.9M2018-06-28$22.1M$175.4M90%
Follow-on offering$4.1M2018-06-28$18.4M$146.5M90%
Follow-on offering$3.7M2018-06-28$18.7M$165.9M90%
Follow-on offering$3.1M2019-10-28$15.3M$135.9M90%
Follow-on offering$1.1M2019-10-28$5.5M$48.6M90%
Follow-on offering$2.8M2019-10-28$14.1M$125.5M90%
Follow-on offering$695K2019-10-28$3.9M$38.4M90%
Follow-on offering$545K2019-10-28$3.0M$30.1M90%
Follow-on offering$495K2019-10-28$2.8M$27.3M90%
Follow-on offering$250K2019-10-28$1.4M$13.8M90%
Follow-on offering$1.1M2019-10-28$5.6M$50.0M90%
Follow-on offering$1.9M2019-10-28$9.6M$85.0M90%
Follow-on offering$3.0M2019-10-28$14.8M$131.2M90%
Follow-on offering$1.2M2019-10-28$6.2M$55.0M90%
Follow-on offering$3.4M2019-10-28$16.9M$150.1M90%
Follow-on offering$960K2019-10-28$5.3M$53.0M90%
Follow-on offering$595K2019-10-28$3.3M$32.8M90%
Follow-on offering$695K2019-10-28$3.9M$38.4M90%
Follow-on offering$3.9M2019-10-28$19.4M$172.3M90%
Follow-on offering$5.7M2019-10-28$25.8M$205.0M90%
Follow-on offering$1.3M2019-10-28$6.5M$57.5M90%
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. Initial offering$2.1M2017-06-28
    • First recorded raise — entered as Initial offering.
    • 35 investors on this round.
  2. Follow-on offering$5.2M2018-06-28
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 78 investors on this round.
  3. Follow-on offering$2.1M2018-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 35 investors on this round.
  4. Follow-on offering$5.2M2018-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.5× larger than the prior — scaling up.
    • 80 investors on this round.
  5. Follow-on offering$4.9M2018-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 78 investors on this round.
  6. Follow-on offering$4.1M2018-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 70 investors on this round.
  7. Follow-on offering$3.7M2018-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 65 investors on this round.
  8. Follow-on offering$3.1M2019-10-28
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 34 investors on this round.
  9. Follow-on offering$1.1M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  10. Follow-on offering$2.8M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.6× larger than the prior — scaling up.
    • 32 investors on this round.
  11. Follow-on offering$695K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.1× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  12. Follow-on offering$545K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  13. Follow-on offering$495K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  14. Follow-on offering$250K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  15. Follow-on offering$1.1M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.5× larger than the prior — scaling up.
    • 22 investors on this round.
  16. Follow-on offering$1.9M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 31 investors on this round.
  17. Follow-on offering$3.0M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 33 investors on this round.
  18. Follow-on offering$1.2M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 25 investors on this round.
  19. Follow-on offering$3.4M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.7× larger than the prior — scaling up.
    • 37 investors on this round.
  20. Follow-on offering$960K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  21. Follow-on offering$595K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  22. Follow-on offering$695K2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  23. Follow-on offering$3.9M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 5.6× larger than the prior — scaling up.
    • 40 investors on this round.
  24. Follow-on offering$5.7M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 49 investors on this round.
  25. Follow-on offering$1.3M2019-10-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.4× smaller than the prior — bridge or down round.
    • 23 investors on this round.
Intelligence
2019 ~Q4
Modeled next raise · ~1mo cadence
$1.3M
Modeled next size est.range $1.3M$2.1M
0.2×
Last step-up
$4.7M/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
Bernard Rudnick1 other2017-06
Andrew Luber2017-06
Registry & provenance

Virion Therapeutics, LLC 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
1746726
SEC CIK
2018
Incorporated
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Semantically similar

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Frequently asked
How much funding has Virion Therapeutics, LLC raised?
Virion Therapeutics, LLC has raised approximately $10.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Virion Therapeutics, LLC's estimated valuation?
Provath's modeled valuation for Virion Therapeutics, LLC is approximately $205.0M (modeled range $6.2M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Virion Therapeutics, LLC at?
Virion Therapeutics, LLC shows a recurring offering pattern rather than a clean VC stage progression. Its most recent recorded round closed around Mon Oct 28.
What does Virion Therapeutics, LLC do and where is it based?
Virion Therapeutics, LLC operates in the Biotechnology sector, based in NEWARK.
Explore related

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