Companies · Other Health Care

Arterys Inc

SAN FRANCISCO · Other Health Care

Diligence memoA one-page analyst read on Arterys Inc — recommendation, valuation, rhythm, risks.
$61.6M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Tue Apr 28 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Arterys Inc looks fair 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 health care sector profile.

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

Fair
  • Modeled value is 1.44× the median modeled value of Series B Other Health Care companies in 2019–2021 (78 peers) — value vs value, same stage and era.
  • Within the normal band (144% of peer median) for its niche.
Dormant
  • Last raise 6.2 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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 Other Health Care

Arterys Inc is one of 5376 Other Health Care companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 94% of sector peers), and among the largest by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
15
Investors (latest)
2020-04-28
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$250M$500M$750M$1.0BSeries A · 2015-11-09 Raised $7.1M (real) Modeled valuation $144M (est)$7.1M$144MSeries A2015Series B · 2017-11-03 Raised $30M (real) Modeled valuation $666M (est)$30M$666MSeries B2017Series B · 2020-04-28 Raised $24M (real) Modeled valuation $540M (est)$24M$540MSeries B2020+$30M+$24MCumulative $62M

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
Series A$7.1M · 2015
Series B$30.1M · 2017
Series B extension$24.4M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$540.3M
Base estimate est.
$57.3M
Conservative case
$2.1B
Upside case
$135.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $144.0M · 2015-11-092015Series B · modeled $666.0M · 2017-11-03Series B · modeled $540.3M · 2020-04-282020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
6.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
27 mo
Avg between rounds
$13.8M/yr
Capital velocity
10.6 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. 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) 25× above median
This company$61.6M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.4× above median
This company$24.4M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 24× above median
This company$540.3M
Sector median$22.1M

Raised more than 94% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #20 of 78.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)KSMS Holdings, LLC · Series B Raised $40.0M · modeled $885.1M (est)Infab HoldCo, Inc. · Series B Raised $36.5M · modeled $807.5M (est)Aquity Holdings, Inc. · Series B Raised $36.0M · modeled $797.6M (est)MHH Management Holdco, LLC · Series B Raised $35.1M · modeled $777.6M (est)Earli Inc. · Series B Raised $40.0M · modeled $756.4M (est)Encore Dermatology, Inc. · Series B Raised $89.6M · modeled $729.9M (est)National Spine & Pain Centers Holdings, LLC · Series B Raised $32.0M · modeled $708.9M (est)In Vitro Sciences, LLC · Series B Raised $31.5M · modeled $697.9M (est)Lotus Parent, Inc. · Series B Raised $31.2M · modeled $690.4M (est)Iron Oak Holdings LLC · Series B Raised $30.0M · modeled $664.6M (est)Squid Ink, Inc. · Series B Raised $30.2M · modeled $620.8M (est)Predict Innovation Investors, Llc · Series B Raised $27.9M · modeled $617.4M (est)Arterys Inc (this company) Raised $61.6M · modeled $540.3M (est)Arterys Inc
CompanyStageRaised · realValue · estvs peer med.
KSMS Holdings, LLCSeries B$40.0M$885.1M2.37×
Infab HoldCo, Inc.Series B$36.5M$807.5M2.16×
Aquity Holdings, Inc.Series B$36.0M$797.6M2.13×
MHH Management Holdco, LLCSeries B$35.1M$777.6M2.08×
Earli Inc.Series B$40.0M$756.4M2.02×
Encore Dermatology, Inc.Series B$89.6M$729.9M1.95×
National Spine & Pain Centers Holdings, LLCSeries B$32.0M$708.9M1.90×
In Vitro Sciences, LLCSeries B$31.5M$697.9M1.87×
Lotus Parent, Inc.Series B$31.2M$690.4M1.85×
Iron Oak Holdings LLCSeries B$30.0M$664.6M1.78×
Squid Ink, Inc.Series B$30.2M$620.8M1.66×
Predict Innovation Investors, LlcSeries B$27.9M$617.4M1.65×
Arterys Inc this companySeries B$61.6M$540.3M1.44×
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.
Series A$7.1M2015-11-09$32.4M$144.0M85%
Series B$30.1M2017-11-03$167.0M$666.0M90%
Series B$24.4M2020-04-28$135.5M$540.3M90%
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. Series A$7.1M2015-11-09
    • First recorded raise — entered as Series A.
    • 23 investors on this round.
  2. Series B$30.1M2017-11-03
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • 24 investors on this round.
  3. Series B$24.4M2020-04-28
    • Raised again after 30 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~27mo cadence
$24.4M
Modeled next size est.range $24.4M$39.0M
0.8×
Last step-up
$13.8M/yr
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
Steve Dow6 other2015-11
David Rosa4 other2020-04
Robert Brownell3 other2015-11
Dave Rosa1 other2017-11
Henry Weinstein1 other2020-04
Fabien Beckers2015-11
John Axerio-Cilies2015-11
Khush Mehta2020-04
Tim Henn2020-04
Registry & provenance

Arterys 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
1658136
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
Convexity Scientific Inc.Other Health CareSeries B$37.8M$2.4Mnetwork1 shared operator · same sector · same stage
Teckro, Inc.Other Health CareSeries B$62.3M$366.1Msame sector · same stage
HealthTell Inc.Other Health CareSeries B$60.5M$578.2Msame sector · same stage
Qt Ultrasound LlcOther Health CareSeries B$60.3M$572.1Msame sector · same stage
Cryolife IncOther Health CareSeries B$60.2M$420.2Msame sector · same stage
Seno Medical Instruments, IncOther Health CareSeries B$63.2M$673.8Msame sector · same stage
SlipChip CorpOther Health CareSeries B$59.5M$641.2Msame sector · same stage
Neuwave Medical, Inc.Other Health CareSeries B$58.8M$560.7Msame 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
PolyVascular, Inc.Other Health CarePre-Seed$5.6M88%
Neuro-Vascular Research & Design CorpOther Health CarePre-Seed$435K87%
SonoVascular, Inc.Other Health CareSeed$28.8M87%
Reprieve Cardiovascular, Inc.Other Health CareSeries B$152.9M86%
Scientia Vascular, Inc.Other Health CareSeries C$48.2M86%
Dragon Vascular, Inc.Other Health CareSeries B$83.2M85%
Intact Vascular, Inc.Other Health CareSeries B$299.1M85%
National Cardiac Inc.Other Health CarePre-Seed$17.9M85%
Frequently asked
How much funding has Arterys Inc raised?
Arterys Inc has raised approximately $61.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Arterys Inc's estimated valuation?
Provath's modeled valuation for Arterys Inc is approximately $540.3M (modeled range $57.3M–$2.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Arterys Inc at?
Arterys Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Apr 28.
What does Arterys Inc do and where is it based?
Arterys Inc operates in the Other Health Care sector, based in SAN FRANCISCO.
Explore related

See where Arterys Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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