Diligence memo · auto-generated · as of July 2, 2026
908 Devices Inc.
908 Devices Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
908 Devices Inc. operates in Other Technology, based in BOSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
908 Devices Inc. has raised $68M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $24M on 2017-03-02.
Most recent recorded round closed around 2019-04-12.
Valuation (modeled)modeled
Provath models 908 Devices Inc. at approximately $533M (range $43M–$2.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.06× the median modeled value of Series B Other Technology companies in 2019–2021 (415 peers) — value vs value, same stage and era. Within the normal band (106% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 7.2 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Other Technology peers (21302 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Visual Lease, LLC, Decisions, LLC, Suvoda LLC, SmartRecruiters, Inc., Litify Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.