Diligence memo · auto-generated · as of July 2, 2026
XinVivo, Inc.
XinVivo, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
XinVivo, Inc. operates in Manufacturing, based in MORRISVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
XinVivo, Inc. has raised $30M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2019-03-25.
Most recent recorded round closed around 2023-06-07.
Valuation (modeled)modeled
Provath models XinVivo, Inc. at approximately $29M (range $11M–$64M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.26× the median modeled value of Series B Manufacturing companies in 2022–2024 (44 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 25 months.
Last raise 3.1 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 90% of Manufacturing peers (3257 compared).
Modeled value ranks above 70% of those peers.
Closest niche peers: Stryve Foods, Inc., JW Rutledge Distillery, LLC, Orange EV LLC, Brondell Inc., Advantest Corp.
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.