Company Description
Investments
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General Information

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Stromedix, Inc.

Cambridge, MA
http://www.stromedix.com

Michael Gilman
President, CEO, Board Member
One Broadway 14th Floor
Cambridge, MA 2142
617-674-7508

Operates as a tissue remodeling company.

Geographic Region: New England

Industry Sector: Biotechnology

Current Tearsheet and Analytics
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Investors

Atlas Venture, Ltd.	Bessemer Venture Partners	Frazier Healthcare and Technology Ventures(FKA Frazier & Co)
New Leaf Venture Partners, LLC	Red Abbey Venture Partners, LLC	Undisclosed Venture Firm

Investments - Tabular Analysis

	04/21/2008	06/18/2007	03/08/2007
Round Number	3	2	1
Total Investment	25.00	4.37	0.97
Stage	Expansion	Startup/Early Stage	Startup/Early Stage
Investors	Atlas Venture, Ltd. Bessemer Venture Partners Frazier Healthcare and Technology Ventures(FKA Frazier & Co) New Leaf Venture Partners, LLC Red Abbey Venture Partners, LLC Undisclosed Venture Firm	Atlas Venture, Ltd. Undisclosed Venture Firm	Atlas Venture, Ltd. Frazier Healthcare and Technology Ventures(FKA Frazier & Co)

Deal Terms - Tabular Analysis

	03/02/2007		06/15/2007		04/18/2008
Post-Money Valuation (best-estimate based on regulatory filings)	$ 1,141,522 (© 2008 VC Experts.com, Inc.)		$ 8,435,640 (© 2008 VC Experts.com, Inc.)		$ 38,522,256 (© 2008 VC Experts.com, Inc.)
Round of Financing	Series A		Series A		Series B
	Natl: 35%	Reg: 36%	Natl: 35%	Reg: 36%	Natl: 28%	Reg: 28%
Type of Preferred Stock	Participating Preferred		Participating Preferred		Participating Preferred
	Natl: 68%	Reg: 58%	Natl: 68%	Reg: 58%	Natl: 68%	Reg: 58%
Capped Participating Preferred	No		No		No
	Natl: 66%	Reg: 65%	Natl: 66%	Reg: 65%	Natl: 66%	Reg: 65%
Liquidation Preference for the Current Round	Not Applicable		Not Applicable		Pari Passu
	Natl: 31%	Reg: 31%	Natl: 31%	Reg: 31%	Natl: 32%	Reg: 37%
Multiple of the Liquidation Preference: 1x; 2x; 3x; > 3x.	0 - 1x		0 - 1x		0 - 1x
	Natl: 92%	Reg: 94%	Natl: 92%	Reg: 94%	Natl: 92%	Reg: 94%
Round Direction	Not Applicable		Not Applicable		Up Round
	Natl: 31%	Reg: 31%	Natl: 31%	Reg: 31%	Natl: 46%	Reg: 47%
Anti-Dilution Protection	Weighted Average		Weighted Average		Weighted Average
	Natl: 90%	Reg: 91%	Natl: 90%	Reg: 91%	Natl: 90%	Reg: 91%
Redemption at Investor's Option	Yes		Yes		Yes
	Natl: 59%	Reg: 83%	Natl: 59%	Reg: 83%	Natl: 59%	Reg: 83%
Pay-to-Play Penalties					Conversion of Preferred Stock into Common Stock
					Natl: 77%	Reg: 74%
Cumulative Dividends	Yes		Yes		No
	Natl: 36%	Reg: 52%	Natl: 36%	Reg: 52%	Natl: 64%	Reg: 48%
Reorganization or Recapitalization	No		No		No
	Natl: 93%	Reg: 94%	Natl: 93%	Reg: 94%	Natl: 93%	Reg: 94%

Last Updated: February 20, 2008

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Stromedix, Inc.

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