Diligence memo · auto-generated · as of July 2, 2026
eLux Medical, Inc.
eLux Medical, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
eLux Medical, Inc. operates in Healthtech, based in Wilmington.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
eLux Medical, Inc. has raised $1.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.3M on 2024-04-29.
Most recent recorded round closed around 2024-04-29.
Valuation (modeled)modeled
Provath models eLux Medical, Inc. at approximately $6.4M (range $1.1M–$18M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.50× the median modeled value of Seed Healthtech companies in 2022–2024 (162 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 118 months.
Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round stepped up 5.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 34% of Healthtech peers (2138 compared).
Modeled value ranks above 26% of those peers.
Closest niche peers: NJ Shore Wellness LLC, Neb Health Inc, Aerwave Medical, Inc., Oya Care Ltd, Aam Care, Inc..
Peoplefiled
7 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.