Diligence memo · auto-generated · as of July 2, 2026
CVRx, Inc.
CVRx, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
CVRx, Inc. operates in Other Health Care, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
CVRx, Inc. has raised $155M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $75M on 2016-05-31.
Most recent recorded round closed around 2020-07-01.
Valuation (modeled)modeled
Provath models CVRx, Inc. at approximately $1.1B (range $182M–$3.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.99× the median modeled value of Series C Other Health Care companies in 2019–2021 (46 peers) — value vs value, same stage and era. Within the normal band (99% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 6.0 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Other Health Care peers (5377 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: Avail Medsystems, Inc., Whoop, Inc., HRGi Holdings, Inc., Ambulnz, Inc., MedAvail, Inc..
Peoplefiled
24 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.