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

Forty Seven, Inc.

Forty Seven, Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Forty Seven, Inc. operates in Pharmaceuticals, based in MENLO PARK.

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

Capital & rounds (filed)filed

Forty Seven, Inc. has raised $109M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $75M on 2017-10-17.

Most recent recorded round closed around 2017-10-17.

Valuation (modeled)modeled

Provath models Forty Seven, Inc. at approximately $2.6B (range $244M–$6.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.13× the median modeled value of Series C Pharmaceuticals companies in 2016–2018 (32 peers) — value vs value, same stage and era. Within the normal band (113% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 23 months.

Last raise 8.7 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 2.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 92% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: Amplyx Pharmaceuticals, Inc., Ligand Pharmaceuticals Inc, Homology Medicines, Inc., KSQ Therapeutics, Inc., TP Therapeutics, 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.