Diligence memo · auto-generated · as of July 2, 2026
Fusion-Io, Inc.
Fusion-Io, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Fusion-Io, Inc. operates in Other, based in SALT LAKE CITY.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fusion-Io, Inc. has raised $151M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $61M on 2011-08-11.
Most recent recorded round closed around 2013-04-24.
Valuation (modeled)modeled
Provath models Fusion-Io, Inc. at approximately $86M (range $19M–$226M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.10× the median modeled value of Series C Other companies in 2013–2015 (148 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 13.2 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 12.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Other peers (25015 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Island Timberlands Finance Corp, Layne Christensen Co, Autotask Superior Holding, Inc., Creative Artists Agency Holdings LLC, Concord Resources Ltd.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.