Diligence memo · auto-generated · as of July 2, 2026

Delfi Diagnostics, Inc.

Delfi Diagnostics, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Delfi Diagnostics, Inc. operates in Biotechnology, based in Palo Alto.

Sub-sector tags: medical-devices.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Delfi Diagnostics, Inc. has raised $366M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $225M on 2022-06-10.

Most recent recorded round closed around 2025-12-01.

Valuation (modeled)modeled

Provath models Delfi Diagnostics, Inc. at approximately $236M (range $156M–$279M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.27× the median modeled value of Series D+ Biotechnology companies in 2025–2027 (33 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 25 months.

Last raise 7 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 6.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Biotechnology peers (4293 compared).

Modeled value ranks above 74% of those peers.

Closest niche peers: Kriya Therapeutics, Inc., Pathos AI, Inc., Sensei Biotherapeutics, Inc., Odyssey Therapeutics, Inc., Rhodenergy An Environmental Co Corp.

Peoplefiled

23 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.