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Delee

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Delee Corp

Biotech · Laredo, TX · Founded 2016

Minority-foundedWoman-founded

Blood testing device for early diagnosis of cancer and treatment monitoring

Valuation cap ⓘ
$22.0M
As of Dec 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,787,652
Crowd $1.6M · Private $1.2M · 7 rounds since 2016
Latest share price
$1.66
Reg CF · Preferred Stock · Sep 2021 offering price

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source
$0
−$382K
2017
$0
−$169K
2018
$43K
$13K
2019
$0
−$228K
2020
$0
−$444K
2021
$0
−$37K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 reviewed*
FY2019
FY2020
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
$0
$43,448
$0
$0
$0
Cost of goods sold
$309,441
$114,150
$1,454
$0
$0
$0
Gross margin
—
—
97%
—
—
—
Net income
-$382,462
-$168,816
$12,563
-$227,623
-$444,284
-$37,205
Taxes paid
$0
$1,200
$1,700
$800
$0
$0
Balance sheet
Cash
$646,306
$160,873
$1,506
$342,636
$75,402
$87,049
Accounts receivable
$649,285
$163,877
$0
$0
$0
$0
Total assets
$814,285
$644,162
$659,884
$1,399,999
$253,337
$1,445,405
Short-term debt
$1,333
-$1,333
$750
$200
$76,086
$126,086
Long-term debt
$2,057
$750
$0
$0
$0
$0
Total liabilities
$3,390
-$583
$750
$200
$76,086
$126,086
Other
Headcount
—
15
—
22
0
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$10.0M
Valuation cap
$22.0M
pre-money
$22.0M
Valuation cap
Reg CF · SAFE · Dec 2019
Reg CF · Preferred · Sep 2021
Reg CF · SAFE · Jun 2022

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Cap table

Principal holders% as the filing states it, Jul 24, 2023

  • Alejandro Abarca Blanco24.3%of company
  • Juan Felipe Yee de León24.3%of company
  • Liza Paola Velarde Calvillo24.3%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Jun 2022Closedvia Republic
Raised $219.3K / $4MInvestors 649Valuation cap $22M
Raised $288.4K / $5MInvestors 500Post-money $22.3M
Reg CF · SAFE · Dec 2019Closedvia Republic
Raised $1.1M / $1.1MInvestors 4,825Valuation cap $10M
Raised $1.2MInvestors 4

Team

30 people
Alejandro AbarcaFounder
Co Founder, Director & CTO

Alejandro Abarca is a co-founder and acting CTO at Delee Corp. He is a physicist, a Y Combinator, a Singularity University, and a Royal Academy of Engineering LIF alumnus. Abarca is a co-creator of the CytoCatch™ isolation platform and imaging system, which isolates and analyzes circulating tumor cells from blood samples. He has published four scientific papers in international journals. He has over ten years of experience developing and producing medical devices and biosensors, including, a microfluidic device for the isolation of rare cell subpopulations based on dielectrophoretic separation, manufacturing methods for embedding metal electrodes onto thermoplastics for microfluidic applications, and an automated imaging system to study cell’s properties by immunostaining. Abarca also has collaborated in projects related to bioprinting and point-of-care applications with various research groups at Tecnológico de Monterrey. His areas of expertise include microfabrication, manufacturing techniques for mass production, optics, and cell separation based on physical properties.

Juan Felipe YeeFounder
Co Founder, Director & CMO

Juan Felipe Yee is a co-founder and acting CMO at Delee Corp. He is a Y Combinator alumnus, and obtained a M.Sc. in Electronic Engineering and a B.Sc. in Biomedical Engineering both from Tecnológico de Monterrey. Yee is a co-creator of the CytoCatch™ isolation platform and imaging system, which isolates and analyzes circulating tumor cells from blood samples, and is responsible for planning, developing, implementing, and monitoring the overall strategy for the analytical and clinical validation of the CytoCatch™ technology. He has published 7 scientific papers in international journals and spent over a decade working and collaborating in the development of several medical devices and biosensors, including, a high intensity phototherapy LED source to treat hyperbilirubinemia in newborns, substrates made from carbon nanofiber mats coated with gold nanoparticles for the detection of specific molecules in simple solutions by SERS spectroscopy, and microfluidic devices for cell isolation based on antigen-antibody interactions, inertial forces, and dielectrophoresis.

Liza VelardeFounder
Co Founder, Director & CEO

Liza Velarde is a co-founder and acting CEO of Delee Corp. She is a Y Combinator alumna and has a bachelor’s degree in International Business from Tecnológico de Monterrey. Velarde is responsible for the development and execution of the company's strategic plans, leading along with her co-founders, the engineering team that built Delee’s core technology. She has raised over $2.4M USD through investments, government funds, and multiple awards, and also secured pre-orders worth a potential value of over $2.5M USD. Velarde has also established strong relations with top hospitals and research centers and her work has been highly regarded by international institutions, such as Cartier Women's Initiative Awards and WeXchange (an initiative of the Inter-American Development Bank). In recent years, she has been acknowledged as one of the 50 most relevant people transforming Mexico and one of Forbes’s 100 most influential women in Mexico, and has been invited as a speaker on various international panels about cancer and entrepreneurship, such as WeXchange 2019 and The Economist: War on Cancer LATAM 2019.

Liza Paola Velarde Calvillo
Chief Executive Officer
Alitzel Trueba
Product Designer
Brenda Soto
Cell Biology Research Scientist
Carlos Aguilar, Ph.D.
Artificial Intelligence Research Scientist
Chiu Chau
Engineering Advisory Board

Chau has over 20 years of experience working in the biotech industry. He is the co-founder and CTO of Opentrons, a company that commercializes open-source robots that automate dozens of key laboratory processes, also serving as its CEO for 4 years. Chau was also the VP Eng of BioArray Solutions, which was bought by Immucor in 2008, where he led the engineering team that built the core multiplex qPCR automation technology now used in most blood banks for advanced blood typing. He has been granted more than 15 US and international patents and holds a M.Sc. in Applied Physics from the Georgia Institute of Technology and a B.Sc. in Mechanical Engineering from the University of Hong Kong.

David Mohler, M.D.
Medical Advisory Board

David Mohler is an Orthopedic Surgical Oncologist, Clinical Professor, and Chief of the Musculoskeletal Tumor Service Department of Orthopedic Surgery and Sports Medicine from Stanford University Medical Center. Mohler received his B.Sc. from Stanford University and his M.D. from Cornell University Medical College. He completed an internship in General Surgery at UCLA, a residency in orthopedic surgery at the Hospital for Special Surgery, and a Metabolic Bone Disease/Bone Tumor fellowship at the Memorial Sloan-Kettering Cancer Center. With over three decades of experience in the field, he has authored and co-authored over 35 papers in peer-reviewed journals, 5 book chapters, and collaborated in various research projects. Mohler is currently a member of several prestigious associations such as the Orthopedic Research Society, the American Academy of Orthopedic Surgeons, and the Musculoskeletal Tumor Society, among others. He has an American Board of Orthopedic Surgery certification and has been honored with awards like the Alpha Omega Alpha, The National Research Service Award and the Saul Halpern, M.D. Orthopedic Educator Award.

Show 21 more people
Diana Aráiz
Molecular Biology Research Scientist
Everardo González, Ph.D.
Biotechnology Research Scientist
Fernanda Jasso
Biomedical Engineer
Franco Chacón
Software Design Engineer
Gladys Díaz
Biomedical Engineer
Gracié Rodríguez
Strategic Planning Executive
Grissel Trujillo de Santiago, Ph.D.
Scientific Advisory Board

Grissel Trujillo de Santiago is a Principal Investigator of the Alvarez-Trujillo Laboratory at the School of Engineering and Sciences at Tecnológico de Monterrey. She was trained as a Chemistry & Pharmacy Biologist at Universidad Autónoma de Nuevo León; she obtained her M.Sc. and Ph.D. degrees in Biotechnology from Tecnológico de Monterrey. Dr. Trujillo de Santiago conducted research in Material Sciences at the Università degli Studi di Napoli Federico II during her Ph.D. program. She was a Postdoctoral Research Fellow at Dr. Khademhosseini’s Lab in the Harvard-MIT Health Sciences and Technology Division for 2 years and at MIT’s Microsystems Technology Laboratories. She has published 45+ papers in indexed international journals and one book chapter, has been awarded with a Mexican patent, and has more than 40 participations in international conferences. She was a recipient of the For Women in Science Award from the L’Oreal-UNESCO-CONACyT-AMC foundation in 2019, and recognized as a “Distinguished citizen” by her native town in 2018. Her main area of interest and expertise is the design of biomaterials and biofabrication technologies for Tissue Engineering applications. Dr. Trujillo de Santiago research is currently focused in the development of novel platform-technologies based in chaos to produce multilayered complex 3D micro-structured living tissues.

Jorge Zamora
Hardware Design Engineer
José Yee
Software Design Engineer
Karen Velarde
Marketing & Strategic Specialist
Lauro S. Gómez, M.D., Ph.D.
Medical Advisory Board

Lauro S. Gómez is a Urologist and Research Director of the Department of Urology at the University Hospital “Dr. José Eleuterio González”. He has over 30 years of experience in the oncological, pediatric and male infertility fields, has authored and co-authored over 60 papers in peer-reviewed journals, and is a reviewer of various specialized medical journals. He is President of the School of Urologists of Nuevo León, a permanent member of the Mexican Academy of Surgery and the Mexican Society of Urology, and a member of the National Research System. Lauro completed his M.D. and specialty in urology at the Universidad Autónoma de Nuevo León, and received his subspecialty in pediatric urology, andrology and microsurgery from the Puigvert e Institut Dexeus Foundation of the Autonomous University of Barcelona and Necker Hospital of the Paris University.

Mario Moisés Álvarez, Ph.D.
Scientific Advisory Board

Mario Moisés Álvarez is a Principal Investigator of the Alvarez-Trujillo Laboratory and the Director of the Biomedical Engineering Group at Tecnológico de Monterrey. Alvarez has been a Visiting Professor at the Harvard-MIT Health Sciences and Technology at BWH, Harvard Medical School, and a Visiting Professor at the Microsystems Technology Laboratories (MTL) at the Massachusetts Institute of Technology. His research interest is focused on the integration of bio-, micro-, and nanotechnologies into tissue, biomedical, and biopharmaceutical engineering applications. His current academic production is mainly focused on bioprinting, biomaterial and tissue engineering, development of organ-on-chip systems, point of care diagnostics, and biopharmaceutical engineering. Professor Álvarez completed an industrial postdoctoral stay at the Institute of Pharmaceutical Technology at Bristol-Myers Squibb Company, USA. He holds a Ph.D. in Chemical and Biochemical Engineering from Rutgers University, a M.Sc. in Chemical and Biochemical Engineering from Rutgers University, a M.Sc. in Chemical Engineering from Tecnológico de Monterrey, and a B.Sc. in Biochemical Engineering from Tecnológico de Monterrey. Alvarez has published over 100+ papers in international journals. He has been granted three US patents and twelve Mexican patents. Álvarez is a permanent member of the Mexican Academy of Sciences and a member of the National Research System, where he has been awarded with the highest ranking for Mexican researchers (SNI Level III)

Marisol Abarca
Mechanical Design Engineer
Mauricio González
Biomedical Engineer
Miguel Esparza, Ph.D.
Electronics Research Scientist
Ricardo García
Hardware Design Engineer
Ricardo Paredes
Audiovisual Producer
Rolando Delgado, Ph.D.
Biochemical Research Scientist
Joost Leeflang
Director

Joost Leeflang has over 20 years of experience in successfully driving top and bottom line growth for consumer and professional business across multiple geographies. He served as Senior VP and Global Head of Commerce responsible for Global Sales and Marketing for the Medical Imaging Business of Philips Healthcare. Prior to that, Joost occupied several key positions in the Philips Organization, including Senior VP and CEO of Philips Electronics Central and Eastern Europe, Senior VP and General Manager of Philips Lightning in Europe, Senior VP, CEO and General Manager of Philips Electronics RUC in the Healthcare & Consumer Lifestyle area, amongst others. He was the COCIR President, the European Trade Association representing the medical imaging, health ICT, and electromedical industries. Joost completed an Executive Program in Strategy and Organization at the Stanford Business School and a Master in Business Economics at the University of Groningen. Joost Leeflang's primary occupation is being a Facilitator and Board Member of the Foundation for Natural Leadership. He serves as a part-time Director for Delee Corp., working 3 hours per week.

Alejandro Abarca Blanco
Director
Juan Felipe Yee de Leon
Director

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 3 of 7 annual reports (FY2019–FY2025)

4,825 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARJul 24, 20230001790674-23-000004
    EDGAR
  • Form C-UDec 19, 20220001790674-22-000008
    EDGAR
  • Form C/ASep 9, 20220001790674-22-000006
    EDGAR
  • Form CJun 3, 20220001790674-22-000004
    EDGAR
  • Form C-UApr 7, 20220001665160-22-000617
    EDGAR
  • Form C-ARMar 21, 20220001790674-22-000001
    EDGAR
  • Form C/AFeb 25, 20220001665160-22-000338
    EDGAR
  • Form CSep 8, 20210001665160-21-001597
    EDGAR
Source: ManualCIK 0001790674DEShare price $1.66

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.