Diligence memo · auto-generated · as of July 2, 2026
Replicate, Inc.
Replicate, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Replicate, Inc. operates in AI / ML, based in SAN FRANCISCO, CA, USA. Run machine learning models in the cloud
Sub-sector tags: AI, Community, Developer Tools, Machine Learning, Open Source, ai/ml.
Capital & rounds (filed)filed
Replicate, Inc. has raised $32M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $32M on 2023-06-28.
Most recent recorded round closed around 2023-06-28.
Valuation (modeled)modeled
Provath models Replicate, Inc. at approximately $395M (range $80M–$858M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.55× the median modeled value of Series B AI / ML companies in 2022–2024 (33 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 3.0 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 94% of AI / ML peers (2067 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Black Crow AI, Inc., Arthur AI, Inc., Deep 6 AI Inc., Beacons AI Inc., Perplexity AI, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.