Diligence memo · auto-generated · as of July 2, 2026
Sydnexis, Inc.
Sydnexis, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Sydnexis, Inc. operates in Other, based in Del Mar.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sydnexis, Inc. has raised $72M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $46M on 2021-08-06.
Most recent recorded round closed around 2025-04-03.
Valuation (modeled)modeled
Provath models Sydnexis, Inc. at approximately $133M (range $77M–$182M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.49× the median modeled value of Series C Other companies in 2025–2027 (76 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 30 months.
Last raise 15 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
The last round stepped up 20.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 95% of Other peers (25015 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Premium Packaged Products LLC, Hoagie Investor Holdings, LLC, Sunset At El Paso Llc, Orion Street Capital LLC, Mozella Capital Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.