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

Cxl Ophthalmics, Inc.

Cxl Ophthalmics, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Cxl Ophthalmics, Inc. operates in Pharmaceuticals, based in SHERBORN.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Cxl Ophthalmics, Inc. has raised $26M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $26M on 2022-09-28.

Most recent recorded round closed around 2022-09-28.

Valuation (modeled)modeled

Provath models Cxl Ophthalmics, Inc. at approximately $370M (range $55M–$928M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.85× the median modeled value of Series B Pharmaceuticals companies in 2022–2024 (51 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 3.8 yr ago; this sector typically re-raises about every 13 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 71% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 77% of those peers.

Closest niche peers: MedAvail Holdings, Inc., Revalesio Corp, Kinaset Therapeutics, Inc., Venatorx Pharmaceuticals, Inc., Delex Healthcare Group, Inc..

Peoplefiled

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

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

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