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

Renovia Inc.

Renovia Inc. looks fair 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

Renovia Inc. operates in Other Health Care, based in BOSTON.

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

Capital & rounds (filed)filed

Renovia Inc. has raised $57M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $32M on 2018-07-13.

Most recent recorded round closed around 2020-10-13.

Valuation (modeled)modeled

Provath models Renovia Inc. at approximately $349M (range $40M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.93× the median modeled value of Series B Other Health Care companies in 2019–2021 (78 peers) — value vs value, same stage and era. Within the normal band (93% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 5.7 yr ago; this sector typically re-raises about every 14 months.

Silent for over 3× the sector's normal cadence.

The last round was 3.4× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 93% of Other Health Care peers (5377 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: KSMS Holdings, LLC, Infab HoldCo, Inc., Aquity Holdings, Inc., MHH Management Holdco, LLC, Earli Inc..

Peoplefiled

10 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.