SpyGlass Pharma (NAS: SGP)

Surgical Devices · Aliso Viejo, CA · Founded 2019 · Publicly Held

SpyGlass Pharma Inc is a late-stage biopharmaceutical company focused on transforming the treatment paradigm for patients living with chronic eye conditions through long-acting, sustained drug… SpyGlass Pharma (NAS: SGP) is based in Aliso Viejo, CA and was founded in 2019. It is now publicly traded; this page covers its private-market history, where its last recorded valuation was $511 million (Feb 2026). It has raised $349 million across 2 recorded rounds; the latest was a $75 million Series D in Jun 2025.

Last price · $/share
—
Implied valuation
$510.6M
Total raised
$348.5M
Last round
Later Stage VC (Series D)
Jun 2025

SpyGlass Pharma (NAS: SGP) key facts

  • SpyGlass Pharma Inc is a late-stage biopharmaceutical company focused on transforming the treatment paradigm for patients living with chronic eye conditions through long-acting, sustained drug…
  • SpyGlass Pharma (NAS: SGP)’s last known valuation is $510.6M (Feb 2026).
  • It has raised $348.5M across 2 recorded rounds; the latest was Later Stage VC (Series D) ($75.0M) in Jun 2025.
  • Notable investors include RA Capital Management, New Enterprise Associates, Sands Capital, Samsara BioCapital, Gilde Healthcare — 7 tracked in total.
  • Status: Publicly Held.
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SpyGlass Pharma (NAS: SGP) funding rounds

2 rounds
Jun 2025Later Stage VC (Series D)$75.0M▮
Jul 2023Later Stage VC (Series C)$90.0M▮

SpyGlass Pharma (NAS: SGP) valuation

SpyGlass Pharma (NAS: SGP) is now publicly traded; this page covers its private-market history, where its last recorded valuation was $511 million (Feb 2026). Secondary trades, fund marks and rounds below are the private-market record; the listed share price is not tracked here.

How much has SpyGlass Pharma (NAS: SGP) raised?

SpyGlass Pharma (NAS: SGP) has raised $349 million in total; 2 of its rounds are on record. The largest on record was a $90 million Series C in Jul 2023; the most recent was a $75 million Series D in Jun 2025.

SpyGlass Pharma (NAS: SGP) investors

7 investors are on record for SpyGlass Pharma (NAS: SGP), including RA Capital Management, New Enterprise Associates, Sands Capital and Samsara BioCapital. The Series D in Jun 2025 drew 6 investors.

Comparable companies

Comparable surgical devices names by valuation on PrivateMarketView: Imperative Care ($1.6 billion), Eximis Surgical ($18.7 million) and FEMSelect ($17 million).

About SpyGlass Pharma (NAS: SGP)

SpyGlass Pharma Inc is a late-stage biopharmaceutical company focused on transforming the treatment paradigm for patients living with chronic eye conditions through long-acting, sustained drug delivery of approved medicines. The company is developing two programs: the BIM-IOL System, which is intended for use during cataract surgery to deliver glaucoma treatment, and the BIM-DRS, which is designed for glaucoma patients who are not undergoing cataract surgery.

Industry
Surgical Devices
Sector
Healthcare
HQ
Aliso Viejo, CA, United States
Founded
2019
Employees
65
Ownership
Publicly Held

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Valuation on record
$510.6M

SpyGlass Pharma (NAS: SGP)’s last known valuation, Feb 2026. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.