Fundraising Fox

Rxsight

NASDAQ: RXST

Pasadena, US · Incorporated in Delaware · 9 known investors

Find your way into Rxsight

RxSight develops the Light Adjustable Lens (LAL), an FDA-approved intraocular lens that surgeons can adjust after cataract surgery to fine-tune a patient's prescription once the eye has healed. The company's monofocal lens targets cataract surgery and vision correction, including astigmatism as low as 0.50 D.

Founders & leadership

RH
Robert H. GrubbsCo-founder
DM
Daniel M. SchwartzCo-founder
DV
D. Verne SharmaExecutive
RDRichard Drinkward
Richard DrinkwardinExecutive
RKRon Kurtz
Ron KurtzPresident, Chief Executive Officer & Director
MWMark Wilterding
Mark WilterdinginChief Financial Officer
EWEric Weinberg
Eric WeinberginChief Business Development Officer
IGIlya Goldshleger
Ilya GoldshlegerinChief Operating Officer
SGScott Gaines
Scott GainesinChief Customer OfficerHe previously founded and led Systemize Partners, a consulting firm focused on commercialization and operations scaling, and has held leadership roles in commercial and manufacturing operations across medical device companies including TriVascular, Endologix, SI-BONE, and Penumbra.

Board

JP
Javier Perez-SalaBoard director
JB
Jan BonelBoard director
JD
Joseph DevivoBoard director

Investors · 9

Reported raises · per SEC filings

Form D private placements

$62.7M disclosed across 2 rounds · 2012–2017

$50MraisedApr 2017 · 62 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • William LinkDirector
  • Juliet BakkerDirector
  • J. Andy CorleyDirector
  • Shelley ThunenExecutive Officer
  • Ron KurtzExecutive Officer, Director
  • Dan SchwartzDirector
  • Bruce RobertsonDirector
  • Chris CoxDirector
  • Werner WolfenDirector
Offering amount
$77.5M
Amount sold
$50M
First sale
Feb 2017
Incorporated
Corporation, California
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.7MraisedMar 2014 · 45 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph DevivoDirector
  • James N. AdlerDirector
  • Robert H. GrubbsDirector
  • Werner F. WolfenDirector
  • D. Verne SharmaExecutive Officer, Director
  • Javier Perez-SalaDirector
  • Richard DrinkwardExecutive Officer
  • Jan BonelDirector
  • Daniel M. SchwartzDirector
Offering amount
$47M
Amount sold
$12.7M
Minimum investment
$50K
Sales commissions
$450K
Proceeds to insiders
$467.5K
Placement agents
Piper Jaffray & Co., Brockett Tamny & Co., Incorporated
First sale
Oct 2012
Incorporated
Corporation, California
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$424.8Mvaluation at IPOJul 2021 · $16.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

In the news

Frequently asked questions

What does Rxsight do?
RxSight develops the Light Adjustable Lens (LAL), an FDA-approved intraocular lens that surgeons can adjust after cataract surgery to fine-tune a patient's prescription once the eye has healed. The company's monofocal lens targets cataract surgery and vision correction, including astigmatism as low as 0.50 D.
Who founded Rxsight?
Rxsight was founded by Robert H. Grubbs, Daniel M. Schwartz.
Who are Rxsight's investors?
Rxsight's investors include Flying L Partners, Foresite Capital, H.I.G. Capital, H.I.G. HealthBridge Partners, Longitude Capital, RA Capital, Visionary Ventures, RxSight and 1 more.
How much funding has Rxsight raised?
Rxsight has disclosed $62.7M raised across 2 rounds.
Where is Rxsight headquartered?
Rxsight is headquartered in Pasadena, US.