Diligence memo · auto-generated · as of July 2, 2026
FRX Polymers, Inc.
FRX Polymers, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
FRX Polymers, Inc. operates in Manufacturing, based in CHELMSFORD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FRX Polymers, Inc. has raised $55M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $23M on 2016-08-22.
Most recent recorded round closed around 2016-08-22.
Valuation (modeled)modeled
Provath models FRX Polymers, Inc. at approximately $248M (range $58M–$956M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.34× the median modeled value of Series B Manufacturing companies in 2016–2018 (37 peers) — value vs value, same stage and era. Within the normal band (134% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 9.9 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Manufacturing peers (3257 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: CannaCraft, Inc., Manitex International, Inc., Specialty Liquid Transportation Corp., Amplify Snack Brands, INC, Simms Fishing Products LLC.
Peoplefiled
23 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.