Cabomba palaeformis is a species of aquatic plant in the family Cabombaceae native to Mexico and Central America.

[2] The divided submerged leaves display purple spotting and red striations.

[4] The 6-8 mm long flowers are white with occasional yellow or purple colouration at the petal base.

[1][3] The type specimen was collected in Tampico, Mexico by Palmer in April 1910.

[13] It is rarely cultivated, yet grows easily under bright conditions in hard water.