Diligence memo · auto-generated · as of July 2, 2026
Flamel AI, Inc.
Flamel AI, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Flamel AI, Inc. operates in AI / ML, based in BLOOMINGTON.
Sub-sector tags: ai/ml.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Flamel AI, Inc. has raised $1.8M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2022-11-23.
Most recent recorded round closed around 2022-11-23.
Valuation (modeled)modeled
Provath models Flamel AI, Inc. at approximately $24M (range $1.6M–$97M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.30× the median modeled value of Seed AI / ML companies in 2022–2024 (73 peers) — value vs value, same stage and era. Within the normal band (130% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 3.6 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 75% of AI / ML peers (2067 compared).
Modeled value ranks above 80% of those peers.
Closest niche peers: MD.ai, Inc., Edge AI Solutions Inc., Operative Intelligence Holdings Inc., Bookend AI Inc., Globus AI, Inc..
Peoplefiled
2 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.