Companies · Biotechnology
SAN DIEGO · Biotechnology · https://immunitybio.com/
Diligence memoA one-page analyst read on ImmunityBio, Inc. — recommendation, valuation, rhythm, risks.→ImmunityBio, Inc. has raised $640M over 8 rounds; too few niche peers to rank its valuation yet.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
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.
ImmunityBio, Inc. is one of 4291 Biotechnology companies tracked from SAN DIEGO. By capital raised it ranks among the largest (ahead of 100% 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.
AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%
operates a technology-led product inferred from public copy
Grounded in: “You are a venture analyst”
We're dedicated to defeating cancer with therapies that target disease, not immune systems. Find our investigational immunotherapy and cell therapy products.
We're dedicated to defeating cancer with therapies that target disease, not immune systems. Find our investigational immunotherapy and cell therapy products. Reaffirming our Commitment to Advertising Compliance Read our Corrective Communication here. Materials presented during the March 3, 2026 call Learn More At ImmunityBio, we envision a day when we no longer fear cancer, but are able to conquer it, thanks to the biological wonder that is the human immune system. Our scientists are working to develop remarkable new therapies that harness that inherent power by amplifying both the innate and adaptive branches of the immune system, to facilitate the attack and elimination of cancerous or infected cells today while building immunological memory for tomorrow. The goal: to reprogram the patient’s immune system and treat the host rather than just the disease. ImmunityBio is developing immunotherapies that activate both innate and adaptive immune responses to treat cancer and infectious diseases. Our approach stimulates NK cells, T cells, macrophages, and dendritic cells to create a durable immune response, aiming to outperform treatments like CAR-T or checkpoint inhibitors. We are appl
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Seed, Series B, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 57%.
Round size and date are reported; the stage label is inferred from round size (latest is Growth/Late — a round over $400M). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.
Benchmarked against 4291 companies in Biotechnology. 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.
Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| ImmunityBio, Inc. this company | Growth/Late | $640.1M | $7.8B | 1.20× |
| Denali Therapeutics Inc. | Growth/Late | $499.7M | $7.2B | 1.11× |
| Avidity Biosciences, Inc. | Growth/Late | $527.8M | $5.7B | 0.89× |
| Inhibrx, Inc. | Growth/Late | $668.6M | $3.3B | 0.52× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $426K | 2009-09-30 | $2.4M | $23.5M | 85% |
| Series A | $6.5M | 2014-04-02 | $29.6M | $235.2M | 85% |
| Series A | $10.0M | 2014-12-16 | $45.5M | $361.5M | 85% |
| Series C | $47.5M | 2014-12-23 | $316.6M | $1.9B | 85% |
| Series C | $71.0M | 2015-06-10 | $473.4M | $2.9B | 85% |
| Series C | $78.0M | 2015-06-10 | $520.0M | $3.2B | 85% |
| Series C | $17.0M | 2015-07-31 | $113.3M | $696.3M | 85% |
| Series C | $10.7M | 2022-07-09 | $71.0M | $201.9M | 90% |
| Growth/Late | $470.0M | 2023-09-11 | $4.7B | $7.8B | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Patrick Soon-Shiong | — | 15 other | 2022-07 |
| John Brennan | — | 8 other | 2022-07 |
| Wesley Clark | — | 6 other | 2022-07 |
| David Sachs | — | 4 other | 2022-07 |
| John C. Thomas, Jr. | — | 4 other | 2015-06 |
| Barry Simon | — | 2 other | 2014-04 |
| Cheryl Cohen | — | 2 other | 2022-07 |
| Steve J. Gorlin | — | 2 other | 2015-06 |
| Linda Maxwell | — | 1 other | 2022-07 |
| Michael Blaszyk | — | 1 other | 2022-07 |
| Patrick Soon-Shiong, M.D. | — | 1 other | 2015-06 |
| Robert G Rosen | — | 1 other | 2014-12 |
| Barry J Simon | — | — | 2009-09 |
| Barry J. Simon, M.D. | — | — | 2015-06 |
| Christobel Selecky | — | — | 2022-07 |
| Hans C. Klingemann, M.D., Ph.D. | — | — | 2015-06 |
| Hans G. Klingemann | — | — | 2014-12 |
| Hans J Klingermann | — | — | 2009-09 |
| Hans Klingemann | — | — | 2014-04 |
| Henry G. Ji | — | — | 2014-12 |
| Henry J. Ji, Ph.D. | — | — | 2015-06 |
| John G. Potts | — | — | 2014-12 |
| John G. Thomas | — | — | 2014-12 |
| John T. Potts, Jr., M.D. | — | — | 2015-06 |
ImmunityBio, 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.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Viracta Therapeutics, INC. | Biotechnology | Series C | $164.6M | $2.1B | network2 shared operators · same sector |
| Inhibrx, Inc. | Biotechnology | Growth/Late | $668.6M | $3.3B | same sector · same stage |
| NantHealth, Inc. | Other Technology | Series D+ | $745.1M | $3.8B | network2 shared operators |
| Avidity Biosciences, Inc. | Biotechnology | Growth/Late | $527.8M | $5.7B | same sector · same stage |
| Denali Therapeutics Inc. | Biotechnology | Growth/Late | $499.7M | $7.2B | same sector · same stage |
| NantOmics, LLC | Biotechnology | Series D+ | $260.9M | $37.4M | network1 shared operator · same sector |
| Atomwise Inc. | Biotechnology | Series D+ | $238.6M | $124.3M | network1 shared operator · same sector |
| Juno Therapeutics, Inc. | Biotechnology | Growth/Late | $1.1B | $1.3B | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Guardian Bio Dendritic cell-based platform for cancer therapy | Biotech | — | — | 81% |
| Modulari-T We teach your immune system to attack and cure cancer | Biotech | — | — | 80% |
| Immune Therapeutics, Inc. | Biotechnology | Series A | $63.5M | 80% |
| Eris Biotech Our drugs engage the immune system to fight tumors | Biotech | — | — | 78% |
| ImmuneXcite, Inc. | Biotechnology | Series A | $96.6M | 78% |
| Intervene Immune, Inc. | Biotechnology | Pre-Seed | $26.0M | 78% |
| ImmuneID, Inc. | Biotechnology | Series B | $548.3M | 78% |
| Innate Immunity Llc | Biotechnology | Pre-Seed | $6.5M | 78% |
See where ImmunityBio, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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