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

X-Co Holdings, LP

X-Co Holdings, LP 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

X-Co Holdings, LP operates in Biotechnology, based in Wilmington.

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

Capital & rounds (filed)filed

X-Co Holdings, LP has raised $71M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $71M on 2015-12-29.

Most recent recorded round closed around 2015-12-29.

Valuation (modeled)modeled

Provath models X-Co Holdings, LP at approximately $2.9B (range $220M–$7.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.29× the median modeled value of Series C Biotechnology companies in 2013–2015 (41 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 10.5 yr ago; this sector typically re-raises about every 14 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 87% of Biotechnology peers (4293 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Antigenics LLC/DE, Naurex Inc., Fluidigm Corp, Tengion Inc, Spark Therapeutics, Inc..

Peoplefiled

4 named people 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.