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

Fulgent Therapeutics LLC

Fulgent Therapeutics LLC 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

Fulgent Therapeutics LLC operates in Biotechnology, based in TEMPLE CITY.

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

Capital & rounds (filed)filed

Fulgent Therapeutics LLC has raised $29M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $27M on 2016-05-17.

Most recent recorded round closed around 2016-05-17.

Valuation (modeled)modeled

Provath models Fulgent Therapeutics LLC at approximately $1.1B (range $54M–$4.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.36× the median modeled value of Series B Biotechnology companies in 2016–2018 (101 peers) — value vs value, same stage and era. Within the normal band (136% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 7 months.

Last raise 10.1 yr ago; this sector typically re-raises about every 14 months.

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

The last round stepped up 12.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 74% of Biotechnology peers (4293 compared).

Modeled value ranks above 90% of those peers.

Closest niche peers: Liquid BioScience, Inc., Amphivena Therapeutics, Inc., Tracon Pharmaceuticals, Inc., Tetra Discovery Partners, Inc., ECM Therapeutics, Inc..

Peoplefiled

1 named person 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.