- Companies
- Delos
Last Delos valuation
$800M
Undisclosed stage · Jul 2016
Last Delos funding round
Undisclosed stage
Amount undisclosed · Jan 2018
Cumulative funding Delos raised
$198M
across 6 funding rounds
Key investors in Delos
Ventura Capital
K20 Fund
Sino-Ocean Group Holding
Jeffrey Vinik
Cascade Investment
About Delos
Delos is a wellness-real-estate and building-technology company that develops products, research programmes and advisory services intended to improve health in indoor environments. Its work combines building design, environmental monitoring, air and water quality, lighting, sleep and other aspects of occupant well-being for homes, offices, schools and hospitality properties. The company created the concepts that supported the WELL Building Standard and works with scientific and medical organisations on evidence-based approaches to the built environment. Delos is headquartered in New York and was founded in 2009. Its revenue comes from products, technology, consulting and programme services supplied to property owners, developers, employers and other organisations managing occupied buildings.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Valuation
$800M (Jul 2016)
Delos Valuation
Delos is currently valued at $800M, based on its undisclosed-stage round in July 2016.
Delos' valuation has grown 1.6x from $500M at its Series A in April 2015 to $800M in July 2016, across 3 priced rounds.
Delos valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2016 | Undisclosed stage | $800M |
| Oct 2015 | Undisclosed stage | $500M |
| Apr 2015 | Series A | $500M |
Delos Funding History
Delos has raised a total of $198M across 6 funding rounds.
Delos' first fundraising round was a $24M undisclosed-stage round in October 2013. The most recent completed round was a undisclosed-stage round in January 2018.
Delos funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2018 | Undisclosed stage | Ventura Capital | - | - | Ventura Capital invested in Delos during 2018, adding the New York wellness-real-estate business to its portfolio of growth-stage technology companies. Public accounts of the relationship describe Ventura as an investor and date the start of its backing to 2018. Ventura subsequently supported Delos's international expansion, including the establishment of Delos Japan and the company's development in the Middle East and the United Kingdom. Delos is a building-health company that combines real-estate design, environmental science, technology and advisory services to improve conditions inside homes, offices, schools and hospitality properties. Its platform addresses factors such as air, water, light, sleep and occupant comfort through products, programmes, research and consulting. The company also originated the work that became the WELL Building Standard and collaborates with medical and scientific organisations on evidence-based building practices. Delos is headquartered in New York and was founded in 2009. By the time Ventura discussed the investment publicly, Delos said its international project footprint and revenue had expanded substantially since Ventura joined the shareholder base. |
| Jan 2017 | Undisclosed stage | K20 Fund | $36M | - | - |
| Jul 2016 | Undisclosed stage | - | $20M | $800M | Delos is a wellness real estate and technology firm. It completed a $20 million equity raise at an $800 million valuation, as announced in its press release. |
| Oct 2015 | Undisclosed stage | Cascade Investment (lead); Jeffrey Vinik (lead); Sino-Ocean Group Holding | $108M | $500M | Delos raised a $108M venture round in October 2015 from Cascade Investment, Jeffrey Vinik, and Sino-Ocean Land, matching the specified investors and approximate date of 21/10/2015. This was part of the company's funding history, which also includes prior rounds such as $24.2M in October 2013 and $9.5M in April 2015, followed by $20M in July 2016 and $36.4M in January 2017. |
| Apr 2015 | Series A | - | $10M | $500M | Delos is a wellness real estate company. In September 2015, it raised $108 million at a $500 million valuation. The funding was completed prior to a later $20 million equity raise at an $800 million valuation. A subsequent financing round was announced on October 21, 2015, led by Jeff Vinik and Cascade Investment, LLC. |
| Oct 2013 | Undisclosed stage | - | $24M | - | - |
Who has invested in Delos?
5 investors have backed Delos across its funding rounds, including Ventura Capital, K20 Fund, Sino-Ocean Group Holding, Jeffrey Vinik and Cascade Investment.
Lead investors include Cascade Investment and Jeffrey Vinik.
Delos Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Oct 2015 | ||
| 1 | Lead | Oct 2015 | ||
| 1 | Participant | Jan 2017 | ||
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Start Free TrialDelos Competitors
Delos competitors include listed companies like GAG Immobilien, Fundamenta Real Estate, Suzhou New District and Sveafastigheter, and private ones like Habi and Orchard.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $521M | $194M | $831M | - | ||
| Publicly listed | $51M | - | $702M | 21.6x | ||
| Publicly listed | $822M | $181M | $923M | 10.2x | ||
| Publicly listed | $157M | $50M | $954M | 12.5x |
Delos Public Comps
Delos is still privately-owned, but its public comps include Robyg, Tokyu Construction, Dios Fastigheter, Naphtha Israel Petroleum, Hangzhou Jiebai Group, Embassy Developments, RAK Properties, Kinea Renda, Kvutzat Acro and Deyaar Development.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $187M | $44M | 5.7x | - | 24.2x | - | |||
| $2.2B | $135M | 0.2x | 0.2x | 4.0x | - | |||
| $271M | $176M | 9.4x | 9.8x | 14.5x | 14.2x | |||
| $794M | $274M | 1.9x | - | 5.6x | - | |||
| $256M | $99M | 1.2x | - | 3.1x | - | |||
| $172M | ($42M) | 7.3x | - | (29.8x) | - | |||
| $500M | $155M | 2.1x | 2.5x | 6.8x | - | |||
| - | - | - | - | - | - | |||
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Common questions about Delos
| When was Delos founded? | Delos was founded in 2009. |
| Where is Delos headquartered? | Delos is headquartered in New York City, NY, United States. |
| Is Delos publicly listed? | No, Delos is a private, VC-backed company. |
| What is Delos' valuation? | Delos was last valued at $800M in its undisclosed-stage round in July 2016. |
| How much funding has Delos raised? | Delos has raised $198M across 6 funding rounds. |
| What was Delos' last funding round? | Delos' last funding round was a undisclosed-stage round in January 2018. |
| Who are Delos' investors? | Delos' investors include Sino-Ocean Group Holding, Jeffrey Vinik, K20 Fund, Cascade Investment and Ventura Capital. |
| Which companies are comparable to Delos? | Companies comparable to Delos include Habi, Orchard, GAG Immobilien, Fundamenta Real Estate, Suzhou New District and Sveafastigheter. |
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