Companies · Medical Devices

ADM Diagnostics, Inc.

NORTHBROOK · Medical Devices · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on ADM Diagnostics, Inc. — recommendation, valuation, rhythm, risks.
$620K
Total raised · real
1
Rounds
1.2×
Latest step-up
Top 68%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Feb 22 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

ADM Diagnostics, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the medical devices sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.63× the median modeled value of Pre-Seed Medical Devices companies in 2016–2018 (12 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.4 yr ago; this sector typically re-raises about every 16 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Medical Devices

ADM Diagnostics, Inc. is one of 233 Medical Devices companies tracked from NORTHBROOK. By capital raised it ranks in the long tail (ahead of 33% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2018-02-22
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2018-02-22 Raised $520K (real) Modeled valuation $19M (est)$520K$19MPre-Seed2018Pre-Seed · 2018-02-22 Raised $620K (real) Modeled valuation $23M (est)$620K$23MPre-Seed2018+$620KCumulative $1.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$520K · 2018
Pre-Seed extension$620K · 2018

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$22.8M
Base estimate est.
$372K
Conservative case
$259.1M
Upside case
$3.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the medical devices sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $19.2M · 2018-02-222018Pre-Seed · modeled $22.8M · 2018-02-222018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.71×/yr
Annual markup
2.31×/yr upside case
6.0 yr
Elapsed time used
8.3 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.4 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.2× of median
This company$620K
Sector median$2.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.1× above median
This company$620K
Sector median$296K
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$22.8M
Sector median$15.4M

Raised more than 33% of sector peers (real $). Modeled value above 63% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #3 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Magnolia Diagnostics, LLC · Pre-Seed Raised $938K · modeled $34.5M (est)Spinal Surgical Strategies, Inc. · Pre-Seed Raised $1.4M · modeled $23.4M (est)7D Surgical Inc. · Pre-Seed Raised $581K · modeled $21.4M (est)Alert Mobile Diagnostics, LLC · Pre-Seed Raised $575K · modeled $21.2M (est)Prime Surgical Center of Newport Beach, LLC · Pre-Seed Raised $425K · modeled $15.7M (est)Longhorn Surgical Services Llc · Pre-Seed Raised $336K · modeled $12.4M (est)Great Lakes Surgical Center Llc · Pre-Seed Raised $315K · modeled $11.6M (est)Bay State Surgical Services, LLC · Pre-Seed Raised $602K · modeled $10.9M (est)First Coast Surgical Services LLC · Pre-Seed Raised $470K · modeled $9.6M (est)Alapaha Florida Surgical Services, LLC · Pre-Seed Raised $641K · modeled $4.7M (est)Belleville Surgical Center Ltd · Pre-Seed Raised $124K · modeled $4.6M (est)ADM Diagnostics, Inc. (this company) Raised $620K · modeled $22.8M (est)ADM Diagnostics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Magnolia Diagnostics, LLCPre-Seed$938K$34.5M2.46×
Spinal Surgical Strategies, Inc.Pre-Seed$1.4M$23.4M1.67×
ADM Diagnostics, Inc. this companyPre-Seed$620K$22.8M1.63×
7D Surgical Inc.Pre-Seed$581K$21.4M1.53×
Alert Mobile Diagnostics, LLCPre-Seed$575K$21.2M1.51×
Prime Surgical Center of Newport Beach, LLCPre-Seed$425K$15.7M1.12×
Longhorn Surgical Services LlcPre-Seed$336K$12.4M0.88×
Great Lakes Surgical Center LlcPre-Seed$315K$11.6M0.83×
Bay State Surgical Services, LLCPre-Seed$602K$10.9M0.78×
First Coast Surgical Services LLCPre-Seed$470K$9.6M0.68×
Alapaha Florida Surgical Services, LLCPre-Seed$641K$4.7M0.33×
Belleville Surgical Center LtdPre-Seed$124K$4.6M0.33×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$520K2018-02-22$2.9M$19.2M90%
Pre-Seed$620K2018-02-22$3.4M$22.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$520K2018-02-22
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$620K2018-02-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
Intelligence
Modeled next raise
$739K
Modeled next size est.range $620K$1.2M
1.2×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Dawn C. Matthews2018-02
Miles C. Wernick2018-02
Registry & provenance

ADM Diagnostics, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1733677
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
KMD Surgical Solutions, Inc.Medical DevicesPre-Seed$625K$3.8Msame sector · same stage
Bay State Surgical Services, LLCMedical DevicesPre-Seed$602K$10.9Msame sector · same stage
Alapaha Florida Surgical Services, LLCMedical DevicesPre-Seed$641K$4.7Msame sector · same stage
Surgical Center of Connecticut, LLCMedical DevicesPre-Seed$660K$578Ksame sector · same stage
7D Surgical Inc.Medical DevicesPre-Seed$581K$21.4Msame sector · same stage
Smart Step Surgical LLCMedical DevicesPre-Seed$665K$1.7Msame sector · same stage
Alert Mobile Diagnostics, LLCMedical DevicesPre-Seed$575K$21.2Msame sector · same stage
Prime Surgical Center of Encino, LLCMedical DevicesPre-Seed$559K$20.6Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
BioMEMS Diagnostics, Inc.Medical DevicesSeed$27.1M88%
Specific Diagnostics, Inc.Medical DevicesSeries B$463.6M87%
Digital Diagnostics Inc.Medical DevicesSeries C$1.2B87%
ACES Diagnostics, Inc.Medical DevicesSeed$7.3M85%
Bardy Diagnostics, Inc.Medical DevicesSeries B$11.9M85%
Led Medical Diagnostics IncMedical DevicesSeed$13.3M85%
Acuamark Diagnostics, Inc.Medical DevicesSeries A$25.6M85%
Proxim Diagnostics CorpMedical DevicesSeries B$210.2M85%
Frequently asked
How much funding has ADM Diagnostics, Inc. raised?
ADM Diagnostics, Inc. has raised approximately $620K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is ADM Diagnostics, Inc.'s estimated valuation?
Provath's modeled valuation for ADM Diagnostics, Inc. is approximately $22.8M (modeled range $372K–$259.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ADM Diagnostics, Inc. at?
ADM Diagnostics, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Feb 22.
What does ADM Diagnostics, Inc. do and where is it based?
ADM Diagnostics, Inc. operates in the Medical Devices sector, based in NORTHBROOK.
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