Companies · Pharmaceuticals

Zosano Pharma Inc

Fremont · Pharmaceuticals

Diligence memoA one-page analyst read on Zosano Pharma Inc — recommendation, valuation, rhythm, risks.
$50.9M
Total raised · real
4
Rounds
0.9×
Latest step-up
Top 20%
Sector rank · raised
Series B
Latest stage · inferred · Fri Apr 29 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Zosano Pharma 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 pharma 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 0.22× the median modeled value of Series B Pharmaceuticals companies in 2010–2012 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.2 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

Zosano Pharma Inc is one of 1610 Pharmaceuticals companies tracked from Fremont. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and mid-pack 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$500M$1.0B$1.5B$2.0BSeries B · 2009-06-18 Raised $39M (real) Modeled valuation $1.3B (est)$39M$1.3BSeries B2009Series B · 2010-08-13 Raised $3.1M (real) Modeled valuation $106M (est)$3.1M$106MSeries B2010Series B · 2011-04-29 Raised $4.7M (real) Modeled valuation $160M (est)$4.7M$160MSeries B2011Series B · 2011-04-29 Raised $4.1M (real) Modeled valuation $139M (est)$4.1M$139MSeries B2011+$3.1M+$4.7M+$4.1MCumulative $51M

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 B$39.0M · 2009
Series B extension$3.1M · 2010
Series B extension$4.7M · 2011
Series B extension$4.1M · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$160.0M
Base estimate est.
$9.9M
Conservative case
$615.8M
Upside case
$26.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Series B · modeled $1.3B · 2009-06-182009Series B · modeled $105.8M · 2010-08-13Series B · modeled $160.0M · 2011-04-29Series B · modeled $139.2M · 2011-04-292011
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.49×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
15.2 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$27.4M/yr
Capital velocity
17.0 yr
On record since
2009
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1610 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) 6.3× above median
This company$50.9M
Sector median$8.1M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.2× of median
This company$4.1M
Sector median$18.0M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$160.0M
Sector median$76.1M

Raised more than 81% of sector peers (real $). Modeled value above 65% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #40 of 47.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Celator Pharmaceuticals Inc · Series B Raised $63.5M · modeled $1.3B (est)Kythera Biopharmaceuticals Inc · Series B Raised $37.4M · modeled $1.3B (est)Palatin Technologies Inc · Series B Raised $35.0M · modeled $1.2B (est)Pernix Therapeutics Holdings, Inc. · Series B Raised $34.0M · modeled $1.2B (est)CEBIX Inc · Series B Raised $76.3M · modeled $1.1B (est)Topica Pharmaceuticals Inc · Series B Raised $51.5M · modeled $1.1B (est)Cornerstone Therapeutics Inc · Series B Raised $30.0M · modeled $1.0B (est)Supernus Pharmaceuticals Inc · Series B Raised $45.0M · modeled $1.0B (est)Derma Sciences, Inc. · Series B Raised $29.1M · modeled $988.7M (est)iPierian, Inc. · Series B Raised $87.3M · modeled $985.1M (est)Sunesis Pharmaceuticals Inc · Series B Raised $38.5M · modeled $969.1M (est)Cardioxyl Pharmaceuticals Inc · Series B Raised $52.0M · modeled $953.8M (est)Zosano Pharma Inc (this company) Raised $50.9M · modeled $160.0M (est)Zosano Pharma Inc
CompanyStageRaised · realValue · estvs peer med.
Celator Pharmaceuticals IncSeries B$63.5M$1.3B1.80×
Kythera Biopharmaceuticals IncSeries B$37.4M$1.3B1.72×
Palatin Technologies IncSeries B$35.0M$1.2B1.61×
Pernix Therapeutics Holdings, Inc.Series B$34.0M$1.2B1.56×
CEBIX IncSeries B$76.3M$1.1B1.53×
Topica Pharmaceuticals IncSeries B$51.5M$1.1B1.45×
Cornerstone Therapeutics IncSeries B$30.0M$1.0B1.38×
Supernus Pharmaceuticals IncSeries B$45.0M$1.0B1.38×
Derma Sciences, Inc.Series B$29.1M$988.7M1.34×
iPierian, Inc.Series B$87.3M$985.1M1.33×
Sunesis Pharmaceuticals IncSeries B$38.5M$969.1M1.31×
Cardioxyl Pharmaceuticals IncSeries B$52.0M$953.8M1.29×
Zosano Pharma Inc this companySeries B$50.9M$160.0M0.22×
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 B$39.0M2009-06-18$216.7M$1.3B90%
Series B$3.1M2010-08-13$17.3M$105.8M90%
Series B$4.7M2011-04-29$26.1M$160.0M90%
Series B$4.1M2011-04-29$22.7M$139.2M90%
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. Series B$39.0M2009-06-18
    • First recorded raise — entered as Series B.
  2. Series B$3.1M2010-08-13
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 12.5× smaller than the prior — bridge or down round.
  3. Series B$4.7M2011-04-29
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
  4. Series B$4.1M2011-04-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2011 ~Q4
Modeled next raise · ~7mo cadence
$4.1M
Modeled next size est.range $4.1M$6.5M
0.9×
Last step-up
$27.4M/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
David M. Mott3 other2009-06
M. James Barrett, Ph.D.2 other2009-06
Daniel P. Hunt2010-08
Gail Schulze2009-06
Greg M. Yedinak2009-06
Greg Y. Yedinak2011-04
Jee Y. Shin2009-06
John M. Vuko2009-06
John P. Brown, Ph.D.2009-06
John P. Richard2009-06
Kim James Gaumer2011-04
Kim P. Gaumer2009-06
Michael P. Schlamp, Ph.D.2011-04
M. James Barnett, Ph.D.2010-08
Peter James Daddona, Ph.D.2011-04
Peter P. Daddona, Ph.D.2009-06
Thorsten Y. Von Stein, M.D., Ph.D.2009-06
Vikram Y. Lamba2011-04
Registry & provenance

Zosano Pharma 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
1418028
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
Supernus Pharmaceuticals IncPharmaceuticalsSeries B$45.0M$1.0Bnetwork1 shared operator · same sector · same stage
Gilgamesh Pharmaceuticals, Inc.PharmaceuticalsSeries B$51.8M$223.1Msame sector · same stage
LigoCyte Pharmaceuticals IncPharmaceuticalsSeries B$50.1M$68.0Msame sector · same stage
Adaptive Phage Therapeutics, Inc.PharmaceuticalsSeries B$49.5M$129.8Msame sector · same stage
TearClear Corp.PharmaceuticalsSeries B$52.4M$122.5Msame sector · same stage
Clearside Biomedical, Inc.PharmaceuticalsSeries B$48.5M$113.9Msame sector · same stage
Equilibre BioPharmaceuticals Corp.PharmaceuticalsSeries B$47.7M$79.7Msame sector · same stage
Arno Therapeutics, IncPharmaceuticalsSeries B$54.9M$153.4Msame sector · same stage
Frequently asked
How much funding has Zosano Pharma Inc raised?
Zosano Pharma Inc has raised approximately $50.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Zosano Pharma Inc's estimated valuation?
Provath's modeled valuation for Zosano Pharma Inc is approximately $160.0M (modeled range $9.9M–$615.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Zosano Pharma Inc at?
Zosano Pharma Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Apr 29.
What does Zosano Pharma Inc do and where is it based?
Zosano Pharma Inc operates in the Pharmaceuticals sector, based in Fremont.
Explore related

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