Companies · Biotechnology

Delphi Diagnostics Inc.

Houston · Biotechnology

Diligence memoA one-page analyst read on Delphi Diagnostics Inc. — recommendation, valuation, rhythm, risks.
$50.5M
Total raised · real
2
Rounds
106.4×
Latest step-up
Top 19%
Sector rank · raised
Series C
Latest stage · inferred · Mon Jun 21 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Delphi Diagnostics Inc. looks fair 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 biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.73× the median modeled value of Series C Biotechnology companies in 2019–2021 (120 peers) — value vs value, same stage and era.
  • Within the normal band (73% of peer median) for its niche.
Dormant
  • Last raise 5.0 yr ago; this sector typically re-raises about every 14 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 Biotechnology

Delphi Diagnostics Inc. is one of 4291 Biotechnology companies tracked from Houston. By capital raised it ranks in the upper tier (ahead of 82% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
2016
Year incorporated
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$2.0BPre-Seed · 2017-01-11 Raised $470K (real) Modeled valuation $26M (est)$470K$26MPre-Seed2017Series C · 2021-06-21 Raised $50M (real) Modeled valuation $1.4B (est)$50M$1.4BSeries C2021+$50MCumulative $50M

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
Pre-Seed$470K · 2017
Series C$50.0M · 2021no Seed / Series A / Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$1.4B
Base estimate est.
$154.7M
Conservative case
$3.3B
Upside case
$333.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $25.9M · 2017-01-112017Series C · modeled $1.4B · 2021-06-212021
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
62%
Survival probability
46% low · 72% high
1.46×/yr
Annual markup
1.68×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
53 mo
Avg between rounds
$11.4M/yr
Capital velocity
9.5 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 4291 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) 7.0× above median
This company$50.5M
Sector median$7.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.1× above median
This company$50.0M
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 22× above median
This company$1.4B
Sector median$64.2M

Raised more than 82% of sector peers (real $). Modeled value above 92% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #86 of 120.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Stem Biotech LLC · Series C Raised $100.0M · modeled $4.1B (est)Kinnate Biopharma Inc. · Series C Raised $172.5M · modeled $3.9B (est)Arcutis Biotherapeutics, Inc. · Series C Raised $94.5M · modeled $3.9B (est)DNA Research INST LLC · Series C Raised $94.5M · modeled $3.7B (est)M3 Biotechnology, Inc. · Series C Raised $107.3M · modeled $3.6B (est)Checkmate Pharmaceuticals, Inc. · Series C Raised $185.1M · modeled $3.5B (est)Black Diamond Therapeutics, Inc. · Series C Raised $146.3M · modeled $3.5B (est)Finch Therapeutics Group, Inc. · Series C Raised $179.9M · modeled $3.4B (est)Shattuck Labs, Inc. · Series C Raised $165.4M · modeled $3.4B (est)TScan Therapeutics, Inc. · Series C Raised $123.3M · modeled $3.3B (est)Edgewise Therapeutics, Inc. · Series C Raised $120.1M · modeled $3.3B (est)Miragen Therapeutics, Inc. · Series C Raised $197.8M · modeled $3.3B (est)Delphi Diagnostics Inc. (this company) Raised $50.5M · modeled $1.4B (est)Delphi Diagnostics Inc.
CompanyStageRaised · realValue · estvs peer med.
Stem Biotech LLCSeries C$100.0M$4.1B2.11×
Kinnate Biopharma Inc.Series C$172.5M$3.9B2.02×
Arcutis Biotherapeutics, Inc.Series C$94.5M$3.9B1.99×
DNA Research INST LLCSeries C$94.5M$3.7B1.88×
M3 Biotechnology, Inc.Series C$107.3M$3.6B1.88×
Checkmate Pharmaceuticals, Inc.Series C$185.1M$3.5B1.79×
Black Diamond Therapeutics, Inc.Series C$146.3M$3.5B1.79×
Finch Therapeutics Group, Inc.Series C$179.9M$3.4B1.78×
Shattuck Labs, Inc.Series C$165.4M$3.4B1.75×
TScan Therapeutics, Inc.Series C$123.3M$3.3B1.71×
Edgewise Therapeutics, Inc.Series C$120.1M$3.3B1.70×
Miragen Therapeutics, Inc.Series C$197.8M$3.3B1.69×
Delphi Diagnostics Inc. this companySeries C$50.5M$1.4B0.73×
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.
Pre-Seed$470K2017-01-11$2.6M$25.9M90%
Series C$50.0M2021-06-21$333.3M$1.4B90%
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. Pre-Seed$470K2017-01-11
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Series C$50.0M2021-06-21
    • Raised again after 53 mo — slower than the ~14 mo sector norm.
    • Round 106.4× larger than the prior — scaling up.
Intelligence
2025 ~Q4
Modeled next raise · ~53mo cadence
$150.0M
Modeled next size est.range $97.5M$240.0M
106.4×
Last step-up
$11.4M/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
PAUL SMITH3 other2021-06
William Creech1 other2017-01
Fidel Reijerse2021-06
Winz Casagrande2021-06
Registry & provenance

Delphi Diagnostics 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
1695671
SEC CIK
2016
Incorporated
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
Aspira Women's Health Inc.BiotechnologySeries C$80.0M$16.6Mnetwork1 shared operator · same sector · same stage
Prosensa Holding N.V.BiotechnologySeries C$50.5M$2.1Bsame sector · same stage
Kelonia Therapeutics, Inc.BiotechnologySeries C$50.3M$1.0Bsame sector · same stage
Calysta, Inc.BiotechnologySeries C$50.2M$1.9Bsame sector · same stage
Codexis, Inc.BiotechnologySeries C$50.0M$2.0Bsame sector · same stage
Helicon Therapeutics IncBiotechnologySeries C$50.0M$2.0Bsame sector · same stage
OncoC4, Inc.BiotechnologySeries C$50.0M$1.7Bsame sector · same stage
Vaxin Inc.BiotechnologySeries C$50.0M$1.7Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Delfi Diagnostics, Inc.BiotechnologySeries D+$235.7M92%
Biomark Diagnostics Inc.BiotechnologySeed$8.0M87%
Exagen Diagnostics IncBiotechnologySeries B$261.4M87%
Co-Diagnostics, Inc.BiotechnologySeries C$1.1B86%
SeLux Diagnostics, Inc.BiotechnologySeries C$417.3M86%
Delphinus Medical Technologies, Inc.BiotechnologySeries B$221.5M86%
Smart Health Diagnostics CoBiotechnologySeries B$1.8M86%
PROMISS Diagnostics, Inc.BiotechnologyPre-Seed$22.1M86%
Frequently asked
How much funding has Delphi Diagnostics Inc. raised?
Delphi Diagnostics Inc. has raised approximately $50.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Delphi Diagnostics Inc.'s estimated valuation?
Provath's modeled valuation for Delphi Diagnostics Inc. is approximately $1.4B (modeled range $154.7M–$3.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Delphi Diagnostics Inc. at?
Delphi Diagnostics Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Jun 21.
What does Delphi Diagnostics Inc. do and where is it based?
Delphi Diagnostics Inc. operates in the Biotechnology sector, based in Houston.
Explore related

See where Delphi Diagnostics Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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