Companies · Other Health Care

Biolase, Inc

Lake Forest · Other Health Care

Diligence memoA one-page analyst read on Biolase, Inc — recommendation, valuation, rhythm, risks.
$22.7M
Total raised · real
4
Rounds
0.4×
Latest step-up
Top 16%
Sector rank · raised
Series A
Latest stage · inferred · Wed Dec 06 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Biolase, Inc looks under-valued against its niche peers and is at-risk 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.

Under-valued
  • Modeled value is 0.44× the median modeled value of Series A Other Health Care companies in 2022–2024 (196 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.6 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Biolase, Inc is one of 5376 Other Health Care companies tracked from Lake Forest. By capital raised it ranks in the upper tier (ahead of 85% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2023-12-06
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$50M$100M$150M$200MSeries A · 2011-06-24 Raised $9.0M (real) Modeled valuation $182M (est)$9.0M$182MSeries A2011Series A · 2019-10-24 Raised $4.0M (real) Modeled valuation $81M (est)$4.0M$81MSeries A2019Series A · 2020-06-08 Raised $6.9M (real) Modeled valuation $139M (est)$6.9M$139MSeries A2020Series A · 2023-12-06 Raised $2.7M (real) Modeled valuation $16M (est)$2.7M$16MSeries A2023+$4.0M+$6.9M+$2.7MCumulative $23M

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$9.0M · 2011
Series A extension$4.0M · 2019
Series A extension$6.9M · 2020
Series A extension$2.7M · 2023

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: 33%.

Modeled valuation trajectory
$16.1M
Base estimate est.
$3.5M
Conservative case
$39.7M
Upside case
$12.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $182.1M · 2011-06-242011Series A · modeled $80.7M · 2019-10-24Series A · modeled $139.5M · 2020-06-08Series A · modeled $16.1M · 2023-12-062023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.43×/yr
Annual markup
1.80×/yr upside case
2.6 yr
Elapsed time used
2.6 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
50 mo
Avg between rounds
$1.8M/yr
Capital velocity
15.0 yr
On record since
2011
First round
4
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) 9.3× above median
This company$22.7M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.5× of median
This company$2.7M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$16.1M
Sector median$22.1M

Raised more than 85% of sector peers (real $). Modeled value above 44% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #157 of 196.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)CareHarmony, Inc. · Series A Raised $17.4M · modeled $145.1M (est)Dragonfly Endoscopy Inc. · Series A Raised $12.7M · modeled $141.8M (est)NuvoAir Holdings, Inc. · Series A Raised $10.7M · modeled $124.9M (est)Post Acute Recovery, Inc. · Series A Raised $14.5M · modeled $122.9M (est)Micro Interventional Devices, Inc. · Series A Raised $14.0M · modeled $118.9M (est)Etiometry Inc. · Series A Raised $15.6M · modeled $114.6M (est)SafKan, Inc. · Series A Raised $13.0M · modeled $108.4M (est)BehaVR Holdings, Inc. · Series A Raised $12.1M · modeled $102.0M (est)Outliers Inc. · Series A Raised $13.6M · modeled $101.6M (est)RevMedica, Inc. · Series A Raised $14.2M · modeled $101.1M (est)Innovoyce LLC · Series A Raised $9.9M · modeled $97.5M (est)Prixz, Inc. · Series A Raised $9.2M · modeled $97.3M (est)Biolase, Inc (this company) Raised $22.7M · modeled $16.1M (est)Biolase, Inc
CompanyStageRaised · realValue · estvs peer med.
CareHarmony, Inc.Series A$17.4M$145.1M3.96×
Dragonfly Endoscopy Inc.Series A$12.7M$141.8M3.87×
NuvoAir Holdings, Inc.Series A$10.7M$124.9M3.41×
Post Acute Recovery, Inc.Series A$14.5M$122.9M3.35×
Micro Interventional Devices, Inc.Series A$14.0M$118.9M3.25×
Etiometry Inc.Series A$15.6M$114.6M3.13×
SafKan, Inc.Series A$13.0M$108.4M2.96×
BehaVR Holdings, Inc.Series A$12.1M$102.0M2.78×
Outliers Inc.Series A$13.6M$101.6M2.77×
RevMedica, Inc.Series A$14.2M$101.1M2.76×
Innovoyce LLCSeries A$9.9M$97.5M2.66×
Prixz, Inc.Series A$9.2M$97.3M2.66×
Biolase, Inc this companySeries A$22.7M$16.1M0.44×
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$9.0M2011-06-24$41.0M$182.1M85%
Series A$4.0M2019-10-24$18.2M$80.7M90%
Series A$6.9M2020-06-08$31.4M$139.5M90%
Series A$2.7M2023-12-06$12.4M$16.1M90%
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$9.0M2011-06-24
    • First recorded raise — entered as Series A.
    • 7 investors on this round.
  2. Series A$4.0M2019-10-24
    • Raised again after 100 mo — slower than the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 4 investors on this round.
  3. Series A$6.9M2020-06-08
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 9 investors on this round.
  4. Series A$2.7M2023-12-06
    • Raised again after 42 mo — slower than the ~14 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2028 ~Q1
Modeled next raise · ~50mo cadence
$2.7M
Modeled next size est.range $2.7M$4.4M
0.4×
Last step-up
$1.8M/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
Jonathan T. Lord4 other2020-06
Alexander K. Arrow1 other2011-06
Frederick D Furry1 other2011-06
John R. Beaver1 other2019-10
Carol Gomez Summerhays2023-12
Elaine C. Wagner2020-06
Elaine C. Wagner, D.D.S.2019-10
Federico Pignatelli2011-06
Garrett T. Sato2019-10
Gregory E Lichtwardt2011-06
Jennifer R. Bright2023-12
Jess T. Roper2019-10
Jonathan R. Lord2023-12
Jonathan T. Lord, M.D.2019-10
Kathleen T. O'Loughlin2023-12
Kenneth P. Yale2023-12
Martha T. Somerman2023-12
Michael C. DiTolla2020-06
Norman J Nemoy2011-06
Richard B. Lanman2020-06
Richard B. Lanman, M.D.2019-10
Todd A. Norbe2019-10
Registry & provenance

Biolase, 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
811240
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
Veracyte, Inc.Other Health CareSeries A$22.1M$258.2Mnetwork1 shared operator · same sector · same stage
Patientkeeper IncOther Health CareSeries A$23.2M$18.2Msame sector · same stage
Empirican Group Inc.Other Health CareSeries A$24.4M$15.9Msame sector · same stage
TOMI Environmental Solutions, Inc.Other Health CareSeries A$19.9M$15.8Msame sector · same stage
IncludeHealth, Inc.Other Health CareSeries A$26.6M$13.5Msame sector · same stage
Nexis Vision, Inc.Other Health CareSeries A$30.3M$15.1Msame sector · same stage
Myocardial Solutions, Inc.Other Health CareSeries A$30.9M$18.6Msame sector · same stage
Ready Responders Parent Corp.Other Health CareSeries A$16.0M$15.0Msame 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
Biolux Research Holdings, Inc.Other Health CareSeries A$256.3M89%
Biodirection, Inc.Other Health CareSeed$13.8M86%
Biowave CorpOther Health CareSeed$33.0M86%
Biocardia Lifesciences, Inc.Other Health CareSeries A$88.3M86%
Biomeme IncOther Health CareSeries A$90.9M86%
BioCeryx Inc.Other Health CareSeries A$100.9M86%
BioIntelliSense, Inc.Other Health CareSeries C$328.7M85%
BioMedx Group, Inc.Other Health CarePre-Seed$14.0M85%
Frequently asked
How much funding has Biolase, Inc raised?
Biolase, Inc has raised approximately $22.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Biolase, Inc's estimated valuation?
Provath's modeled valuation for Biolase, Inc is approximately $16.1M (modeled range $3.5M–$39.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Biolase, Inc at?
Biolase, Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Dec 06.
What does Biolase, Inc do and where is it based?
Biolase, Inc operates in the Other Health Care sector, based in Lake Forest.
Explore related

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

Is this your company?

If you work at Biolase, Inc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.