Diligence memo · auto-generated · as of July 2, 2026
EBR Systems, Inc.
EBR Systems, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
EBR Systems, Inc. operates in Software / Tech, based in SUNNYVALE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
EBR Systems, Inc. has raised $90M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $41M on 2017-10-30.
Most recent recorded round closed around 2021-06-25.
Valuation (modeled)modeled
Provath models EBR Systems, Inc. at approximately $203M (range $33M–$468M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.14× the median modeled value of Series C Software / Tech companies in 2019–2021 (58 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 5.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Software / Tech peers (3920 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: Romeo Systems, Inc., Enjoy Technology, Inc., Aircall.io, Inc., Jane Technologies, Inc., Turntide Technologies 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.