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Delfi Diagnostics

Baltimore, US · Founded 2018 · Delaware corporation · 150 employees on LinkedIn · 14 known investors

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DELFI Diagnostics develops FirstLook Lung, a blood-based laboratory test for lung cancer screening that identifies genome-wide alterations in individuals eligible for screening. The test offers an alternative to low-dose CT imaging for patients meeting USPSTF criteria and is made available to health systems, primary care providers, and lung screening programs.

Founders & leadership

Delfi Diagnostics was founded in 2018 by Victor Velculescu.

VVVictor Velculescu
Victor VelculescuFounder
PBPeter Bach
Peter BachExecutive
JB
Jennifer BuechelExecutive
DS
Douglas SchenkelExecutive
ND
Nicholas DracopoliSenior Consultant
STSusan Tousi
Susan TousiChief Executive OfficerShe spent more than a decade at Illumina, serving as chief commercial officer and, before that, senior vice president of product development and vice president of engineering. Earlier in her career she held R&D and general management roles at Eastman Kodak, Phogenix Imaging and Hewlett-Packard, and she serves on the board of BICO and the scientific advisory board of Vizgen.
JP
Jillian PhallenFounder
RS
Robert ScharpfFounder

Board

RGRishi Gupta
Rishi GuptaBoard directorPartner at OrbiMed
GYGreg Yap
Greg YapBoard Member & InvestorPartner at Menlo Ventures
MDMichael Dybbs
Michael DybbsBoard directorPartner at Samsara BioCapital
EH
Elizabeth HomansBoard director

Investors · 14

DFJreportedSan Mateo

How we know: a partner's Signal profile · board seat on SEC Form D · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$365.9M disclosed across 5 rounds · 2018–2025

▶$34.3MraisedDec 2025 · 50 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter B. BachExecutive Officer
  • Lee-Ann Smith-FreemanExecutive Officer
  • Victor VelculescuDirector
  • Susan TousiExecutive Officer, Director
  • Amoolya SinghExecutive Officer
  • Elizabeth HomansDirector
  • Rishi GuptaDirector
  • Jacob Van NaardenDirector
  • Michael DybbsDirector
  • Greg YapDirector
  • Justin KaoDirector
Offering amount
$60M
Amount sold
$34.3M
First sale
Dec 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$225MraisedJul 2022 · 44 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter BachExecutive Officer
  • Elizabeth HomansDirector
  • Rishi GuptaDirector
  • Justin KaoDirector
  • Jennifer BuechelExecutive Officer
  • Victor VelculescuExecutive Officer, Director, Promoter
  • Greg YapDirector
  • Douglas SchenkelExecutive Officer
  • Michael DybbsDirector
  • Jacob Van NaardenDirector
  • Nicholas DracopoliExecutive Officer
Offering amount
$225M
Amount sold
$225M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$101.1MraisedJan 2021 · 25 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Victor VelculescuExecutive Officer, Director
  • Greg YapDirector
  • Nicholas DracopoliExecutive Officer
  • William StevensExecutive Officer
Offering amount
$101.1M
Amount sold
$101.1M
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.5MraisedAug 2019 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas DracopoliExecutive Officer
  • Victor VelculescuExecutive Officer, Director
  • Greg YapDirector
  • William StevensExecutive Officer
Offering amount
$5.5M
Amount sold
$5.5M
First sale
Aug 2019
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15.3KraisedAug 2019 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas DracopoliExecutive Officer
  • William J. StevensExecutive Officer
  • Victor VelculescuExecutive Officer, Director
Offering amount
$15.3K
Amount sold
$15.3K
First sale
Jun 2018
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Delfi Diagnostics went on to found or lead other companies.

Related companies · 2

Companies working in the same space as Delfi Diagnostics.

Frequently asked questions

What does Delfi Diagnostics do?
DELFI Diagnostics develops FirstLook Lung, a blood-based laboratory test for lung cancer screening that identifies genome-wide alterations in individuals eligible for screening. The test offers an alternative to low-dose CT imaging for patients meeting USPSTF criteria and is made available to health systems, primary care providers, and lung screening programs.
Who founded Delfi Diagnostics?
Delfi Diagnostics was founded by Victor Velculescu in 2018.
Who are Delfi Diagnostics's investors?
Delfi Diagnostics's investors include AV8 Ventures, Foresite Capital, Illumina Ventures, Initiate Venture Partners, Menlo Ventures, Merck Global Health Innovation Fund, MSD Global Health Innovation Fund, Open Field Capital and 6 more.
How much funding has Delfi Diagnostics raised?
Delfi Diagnostics has disclosed $365.9M raised across 5 rounds.
Where is Delfi Diagnostics headquartered?
Delfi Diagnostics is headquartered in Baltimore, US.