Companies · Other Health Care

Fractyl Laboratories Inc.

LEXINGTON · Other Health Care

Diligence memoA one-page analyst read on Fractyl Laboratories Inc. — recommendation, valuation, rhythm, risks.
$290.1M
Total raised · real
7
Rounds
0.2×
Latest step-up
Top 2%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jan 11 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Fractyl Laboratories Inc. looks under-valued 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 health care sector profile.

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

Under-valued
  • Modeled value is 0.47× the median modeled value of Series C Other Health Care companies in 2022–2024 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.5 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 Other Health Care

Fractyl Laboratories Inc. is one of 5377 Other Health Care companies tracked from LEXINGTON. By capital raised it ranks among the largest (ahead of 99% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2022-01-11
First sale
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$2.0BSeries A · 2013-03-08 Raised $14M (real) Modeled valuation $290M (est)Series A2013Series B · 2014-08-19 Raised $20M (real) Modeled valuation $438M (est)Series B2014Series C · 2015-10-23 Raised $47M (real) Modeled valuation $1.1B (est)Series C2015Series B · 2015-10-23 Raised $37M (real) Modeled valuation $823M (est)Series B2015Series C · 2017-06-19 Raised $44M (real) Modeled valuation $1.0B (est)Series C2017Series B · 2017-06-19 Raised $38M (real) Modeled valuation $850M (est)Series B2017Series C · 2020-03-04 Raised $45M (real) Modeled valuation $1.0B (est)Series C2020Series C · 2021-06-09 Raised $100M (real) Modeled valuation $1.8B (est)Series C2021Series C · 2022-01-11 Raised $20M (real) Modeled valuation $310M (est)Series C2022+$20M+$47M+$37M+$44M+$38M+$45M+$100M+$20MCumulative $366M

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
Series A$14.3M · 2013
Series B$19.8M · 2014
Series C$47.2M · 2015
Bridge · Series C-stage$37.2M · 2015smaller follow-on
Series C extension$44.0M · 2017
Bridge · Series C-stage$38.4M · 2017smaller follow-on
Series C extension$44.8M · 2020
Series C extension$100.0M · 2021
Series C extension$20.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$309.8M
Base estimate est.
$73.0M
Conservative case
$661.3M
Upside case
$133.8M
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 health care sector profile. Directional, not a quoted figure.

Series A · modeled $289.5M · 2013-03-082013Series B · modeled $437.9M · 2014-08-19Series C · modeled $1.1B · 2015-10-23Series B · modeled $823.5M · 2015-10-23Series C · modeled $1.0B · 2017-06-19Series B · modeled $850.2M · 2017-06-19Series C · modeled $1.0B · 2020-03-04Series C · modeled $1.8B · 2021-06-09Series C · modeled $309.8M · 2022-01-112022
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
73%
Survival probability
55% low · 85% high
1.29×/yr
Annual markup
1.48×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$32.8M/yr
Capital velocity
13.3 yr
On record since
2013
First round
9
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 119× above median
This company$290.1M
Sector median$2.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$20.1M
Sector median$45.9M
Modeled value — vs sector median (estimate, all stages) 14× above median
This company$309.8M
Sector median$22.1M

Raised more than 99% of sector peers (real $). Modeled value above 91% 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 #39 of 47.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Gravie, Inc. · Series C Raised $160.7M · modeled $1.3B (est)EmpowerMe Holdings, LLC · Series C Raised $96.6M · modeled $1.3B (est)Color Holdings, L.P. · Series C Raised $90.9M · modeled $1.1B (est)RSR Senior Residences, LLC · Series C Raised $73.7M · modeled $1.1B (est)Gynesonics, Inc · Series C Raised $299.1M · modeled $1.0B (est)Hello Heart Inc. · Series C Raised $127.0M · modeled $1.0B (est)Beta Bionics, Inc · Series C Raised $277.5M · modeled $1.0B (est)BioDerm Holdings, LP · Series C Raised $130.9M · modeled $1.0B (est)Kindbody, Inc. · Series C Raised $95.6M · modeled $875.1M (est)Drconsulta Ltd. · Series C Raised $140.1M · modeled $837.3M (est)Fountain Life, LLC · Series C Raised $103.9M · modeled $828.2M (est)TherapyMatch, Inc. · Series C Raised $100.0M · modeled $809.2M (est)Fractyl Laboratories Inc. (this company) Raised $290.1M · modeled $309.8M (est)Fractyl Laboratories Inc.
CompanyStageRaised · realValue · estvs peer med.
Gravie, Inc.Series C$160.7M$1.3B2.04×
EmpowerMe Holdings, LLCSeries C$96.6M$1.3B1.92×
Color Holdings, L.P.Series C$90.9M$1.1B1.75×
RSR Senior Residences, LLCSeries C$73.7M$1.1B1.71×
Gynesonics, IncSeries C$299.1M$1.0B1.58×
Hello Heart Inc.Series C$127.0M$1.0B1.54×
Beta Bionics, IncSeries C$277.5M$1.0B1.54×
BioDerm Holdings, LPSeries C$130.9M$1.0B1.53×
Kindbody, Inc.Series C$95.6M$875.1M1.33×
Drconsulta Ltd.Series C$140.1M$837.3M1.28×
Fountain Life, LLCSeries C$103.9M$828.2M1.26×
TherapyMatch, Inc.Series C$100.0M$809.2M1.23×
Fractyl Laboratories Inc. this companySeries C$290.1M$309.8M0.47×
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.
Series A$14.3M2013-03-08$65.2M$289.5M85%
Series B$19.8M2014-08-19$109.8M$437.9M85%
Series C$47.2M2015-10-23$314.5M$1.1B85%
Series B$37.2M2015-10-23$206.5M$823.5M85%
Series C$44.0M2017-06-19$293.2M$1.0B90%
Series B$38.4M2017-06-19$213.2M$850.2M90%
Series C$44.8M2020-03-04$298.3M$1.0B90%
Series C$100.0M2021-06-09$666.7M$1.8B90%
Series C$20.1M2022-01-11$133.8M$309.8M90%
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. Series A$14.3M2013-03-08
    • First recorded raise — entered as Series A.
    • 11 investors on this round.
  2. Series B$19.8M2014-08-19
    • Raised 17 mo later, in step with the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 13 investors on this round.
  3. Series C$47.2M2015-10-23
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 16 investors on this round.
  4. Series B$37.2M2015-10-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  5. Series C$44.0M2017-06-19
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  6. Series B$38.4M2017-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 17 investors on this round.
  7. Series C$44.8M2020-03-04
    • Raised again after 32 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  8. Series C$100.0M2021-06-09
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 15 investors on this round.
  9. Series C$20.1M2022-01-11
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~13mo cadence
$20.1M
Modeled next size est.range $20.1M$32.1M
0.2×
Last step-up
$32.8M/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
Hemant Taneja20 other2013-03
Ajay Royan12 other2014-08
Amy Schulman10 other2020-03
Brian Dovey6 other2017-06
Brian H. Dovey6 other2013-03
Stanley Lapidus6 other2014-08
Diane Marcou4 other2013-03
William Bradley3 other2017-06
Allan Will2 other2013-03
CHRISTOPHER GABRIELI2 other2014-08
JOHN AMATRUDA1 other2017-06
KELLY BARNES1 other2022-01
Marc Elia1 other2021-06
MICHAEL HUANG1 other2021-06
NIMESH SHAH1 other2014-08
Christopher H. Gabrieli2013-03
CLIVE MEANWELL2021-06
HARITH RAJAGOPALAN2013-03
JAY CAPLAN2013-03
JUAN CARLOS LOPEZ-TALAVERA2020-03
LISA DAVIDSON2015-10
MARGARET BORYS2020-03
Registry & provenance

Fractyl Laboratories 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
1572616
SEC CIK
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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
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Verdant Scientific, Inc.Other Health CarePre-Seed$562K82%
Candesant Biomedical, Inc.Other Health CareSeries B$455.3M82%
Frequently asked
How much funding has Fractyl Laboratories Inc. raised?
Fractyl Laboratories Inc. has raised approximately $290.1M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Fractyl Laboratories Inc.'s estimated valuation?
Provath's modeled valuation for Fractyl Laboratories Inc. is approximately $309.8M (modeled range $73.0M–$661.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Fractyl Laboratories Inc. at?
Fractyl Laboratories Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jan 11.
What does Fractyl Laboratories Inc. do and where is it based?
Fractyl Laboratories Inc. operates in the Other Health Care sector, based in LEXINGTON.
Explore related

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