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

AOA DX Inc.

AOA DX Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

AOA DX Inc. operates in Biotechnology, based in Denver, CO, USA; Cambridge, MA, USA. Blood Test for Early Detection of Ovarian Cancer

Sub-sector tags: Healthcare, Diagnostics, Women's Health.

Capital & rounds (filed)filed

AOA DX Inc. has raised $39M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $24M on 2023-07-11.

Most recent recorded round closed around 2025-10-01.

Valuation (modeled)modeled

Provath models AOA DX Inc. at approximately $34M (range $16M–$48M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.43× the median modeled value of Series B Biotechnology companies in 2025–2027 (94 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 14 months.

Last raise 9 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 4.4× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 78% of Biotechnology peers (4293 compared).

Modeled value ranks above 37% of those peers.

Closest niche peers: MarvelBiome, Inc., Iantrek, Inc., Dualitas Therapeutics, Inc., Antares Therapeutics, Inc., OrthoBio Therapeutics, Inc..

Peoplefiled

8 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.