PainReform

A clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics and AI-driven energy optimization technologies.

Health Tech & Life Sciences
Public on NASDAQ on Sep, 2020
Public Tel Aviv-Yafo, Israel Founded 2007
Last updated 2026-07-27
Total raised
$38.3M
Stage
Public
Founded
2007
Headcount
7
HQ
Tel Aviv-Yafo, Israel
Sector
Health Tech & Life Sciences

About

PainReform Ltd., now known as PRF Technologies Ltd., is a clinical-stage specialty pharmaceutical company that focuses on the reformulation of established therapeutics. Its lead product, PRF-110, is an oil-based, viscous, clear solution designed to provide localized and extended post-operative pain relief. The company has expanded its focus to include AI-driven energy optimization technologies through its DeepSolar platform and has also entered the ophthalmology market with OcuRing-K through a majority ownership of LayerBio.

Funding history · 6 rounds · $38.3M total

2026-06
Follow-on PO $15.0M
2024-04
Follow-on PO $4.0M
2023-11
PIPE $1.3M
2021-02
PIPE $6.0M
2020-08
Follow-on PO Undisclosed
2017-11
Undisclosed Round $12.0M
★ XT Venture Capital★ Medica Venture Partners

Headcount over time

From 7 (2018-09) to 6 (2026-03) · -1 (-14%) · 16 points · source: Finder history + radar grounding
90 2018-09 2026-03

Q&A

What is PainReform's current legal name and its primary focus?
PainReform Ltd. is now known as PRF Technologies Ltd. The company is a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics and AI-driven energy optimization technologies through its DeepSolar platform.
When did PainReform go public on NASDAQ and how much capital was raised in that offering?
PainReform went public on NASDAQ in September 2020, raising $20,000,000. The offering was led by Maxim Group and Joseph Gunnar.
What was the amount raised in PainReform's public offering in April 2024?
In April 2024, PainReform completed a public offering that raised $3,999,544.75.
What is the latest funding amount PainReform raised through a public offering?
PainReform raised $15,000,000 in a public offering in June 2026.
What is PainReform's lead product and its intended use?
PainReform's lead product, PRF-110, is an oil-based, viscous, clear solution designed to provide localized and extended post-operative pain relief.
What strategic acquisition did PainReform complete in March 2025?
In March 2025, PainReform completed the strategic acquisition of DeepSolar, an AI-driven energy optimization technology platform.
What is the status of PainReform's PRF-110 Phase 3 clinical trial as of November 2024?
In November 2024, PainReform announced initial topline data for its PRF-110 Phase 3 clinical trial.
What is the current employee count range for PainReform?
PainReform has 1-10 employees.
What is the purpose of PainReform's DeepSolar platform?
PainReform's DeepSolar platform is focused on AI-driven energy optimization technologies, including developing "DeepSolar Predict" for revenue optimization across renewable energy markets.
What is PainReform's involvement in the ophthalmology market?
PainReform has entered the ophthalmology market with OcuRing-K through a majority ownership of LayerBio, and in December 2025, commenced development for OcuRing-K Phase II Trial.

Team · 3

Lihu Avitov
Founder · Founder
Dan Teleman
Founder · Founder
Interim CEO

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrug Delivery
Technologies
Biologicals
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticalsHealthcarePatientsProviders
Business model
B2B2CB2B

Highlights

1 PatentsVerified

Tags

pharmaceuticalspain-reliefgeneric-drugsdrug-deliverypatientslife-sciencestreatmentstherapeutics
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websiteprf-tech.com
LinkedInlinkedin.com/company/689691

Identifiers & details

Legal namePRF Technologies Ltd.
Founded2007
Employees (exact)7
Market cap$2.5M
Status reasonPublic on NASDAQ on Sep, 2020;

Acquisitions & public offerings

AcquiredDateAmount
LayerBio2025-08
TypeDateExchangeTickerAmount
Initial Public Offering2020-09NASDAQ Capital MarketPRFX$20.0M

Radar intelligence

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)514056597
Statusפעילה
Corp typeישראלית חברה ציבורית
Incorporated2007-12-02
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2025
Active charges / liens1
Registry events2 — charge (1), name_change (1)
Name changes2026-01-14
Registered addressאלון יגאל 65 תל אביב - יפו

Recent registry events

DateEvent
2025-11-19רישום שעבוד
2026-01-14שינוי שם