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RenovoRx

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Medical device company headquartered in Silicon Valley, California

San Jose, United StatesFounded 2009Biotech & Life Sciences
Valuation $31M Market cap · 2026
Revenue $3.2M Latest reported FY
Total funding $10–50M Disclosed equity funding

About RenovoRx

RenovoRx is a medical technology company specializing in innovative solutions for targeted cancer treatment. The company operates primarily in the healthcare sector, focusing on the development and commercialization of advanced medical devices for the delivery of chemotherapy. RenovoRx's flagship product, RenovoCath, is a dual balloon infusion catheter designed to deliver chemotherapy directly to the tumor site, enhancing treatment efficacy and minimizing systemic side effects.

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RenovoRx serves patients suffering from pancreatic and bile duct cancers, two of the most challenging and deadly forms of cancer. The company is actively involved in clinical trials, including the Phase III TIGeR PaC trial, to validate the effectiveness of its targeted delivery system.

The business model of RenovoRx revolves around the development, patenting, and commercialization of its medical devices. Revenue is generated through the sale of these devices to healthcare providers and institutions involved in cancer treatment. Additionally, the company may receive funding and grants for its research and development efforts.

RenovoRx operates in the U.S. and European markets, where it continues to expand its clinical trials and seek regulatory approvals. The company aims to address the unmet needs in cancer treatment by providing more effective and targeted therapeutic options.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
San Jose, United States
Listing
IPO 2021
Employees
30
Open positions
2
Dealroom signal
86.6/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, Woman Founder, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning RenovoRx.

See all news

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VCOther financing Mar 2026 $10M Undisclosed
POST IPO EQUITYOther financing Feb 2025 $12M Undisclosed
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $3.9M +244.6% −$13M -346.9% −$11M -288.6% $6.3M
2025 $1.1M +2511.6% −$13M -1195.4% −$11M -994.5% $6.3M
2024 $43K −$13M -29632.6% −$8.8M -20497.7% $6M
2023 $0 −$13M $5.7M
2022 $0 −$10M
2021 −$5.7M
2020 −$3.2M
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

RenovoRx website traffic

Latest recorded traffic for RenovoRx is 5.3K monthly website visits, down 1.9% over the last three months. RenovoRx's team grew 25% over the past year.

Latest monthly visits5.3K 3-month web change-1.9% 1-year team growth+25%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later4 investors entered at this stage

Other known investors6 additional known investors

  • Stanford University
  • Joyo Wijaya
  • SeedFolio
  • Sharon Vosmek
  • StartX
  • SV Tech Ventures
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RenovoRx on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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