Diligence memo · auto-generated · as of July 2, 2026
Acutus Medical, Inc.
Acutus Medical, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Acutus Medical, Inc. operates in Healthtech, based in CARLSBAD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Acutus Medical, Inc. has raised $296M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $137M on 2019-06-12.
Most recent recorded round closed around 2022-06-30.
Valuation (modeled)modeled
Provath models Acutus Medical, Inc. at approximately $69M (range $22M–$120M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.06× the median modeled value of Series D+ Healthtech companies in 2022–2024 (17 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 4.0 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 25.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Healthtech peers (2138 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: Monogram Health Holdings, Inc., Lyra Health, Inc., Aledade, Inc., Clarify Health Solutions, Inc., Insightec Ltd.
Peoplefiled
23 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.