Companies · Other Health Care

CirrusMD Inc.

DENVER · Other Health Care

Diligence memoA one-page analyst read on CirrusMD Inc. — recommendation, valuation, rhythm, risks.
$46.5M
Total raised · real
7
Rounds
0.0×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jun 29 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

CirrusMD Inc. looks under-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 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 0.01× the median modeled value of Series B Other Health Care companies in 2019–2021 (78 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.0 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

CirrusMD Inc. is one of 5376 Other Health Care companies tracked from DENVER. By capital raised it ranks among the largest (ahead of 92% of sector peers), and in the long tail 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)
2021-06-29
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$125M$250M$375M$500MSeed · 2014-12-30 Raised $1.5M (real) Modeled valuation $37M (est)Seed2014Seed · 2016-03-02 Raised $1.0M (real) Modeled valuation $26M (est)Seed2016Seed · 2016-07-01 Raised $2.0M (real) Modeled valuation $50M (est)Seed2016Seed · 2017-01-31 Raised $1.6M (real) Modeled valuation $40M (est)Seed2017Series A · 2017-06-07 Raised $7.2M (real) Modeled valuation $145M (est)Series A2017Series A · 2019-02-08 Raised $15M (real) Modeled valuation $303M (est)Series A2019Series B · 2021-03-03 Raised $20M (real) Modeled valuation $361M (est)Series B2021Series B · 2021-06-29 Raised $126K (real) Modeled valuation $2.1M (est)Series B2021+$1.0M+$2.0M+$1.6M+$7.2M+$15M+$20M+$126KCumulative $48M

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
Seed$1.5M · 2014
Seed extension$1.0M · 2016
Seed extension$2.0M · 2016
Seed extension$1.6M · 2017
Series A$7.2M · 2017
Series A extension$15.0M · 2019
Series B$20.0M · 2021
Series B extension$126K · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$2.1M
Base estimate est.
$296K
Conservative case
$6.6M
Upside case
$701K
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.

Seed · modeled $37.3M · 2014-12-302014Seed · modeled $26.0M · 2016-03-02Seed · modeled $49.6M · 2016-07-01Seed · modeled $40.2M · 2017-01-31Series A · modeled $145.2M · 2017-06-07Series A · modeled $302.7M · 2019-02-08Series B · modeled $360.9M · 2021-03-03Series B · modeled $2.1M · 2021-06-292021
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
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$7.2M/yr
Capital velocity
11.5 yr
On record since
2014
First round
8
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) 19× above median
This company$46.5M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$126K
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$2.1M
Sector median$22.1M

Raised more than 92% of sector peers (real $). Modeled value above 10% 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 #78 of 78.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$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)CirrusMD Inc. (this company) Raised $46.5M · modeled $2.1M (est)CirrusMD 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×
CirrusMD Inc. this companySeries B$46.5M$2.1M0.01×
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.
Seed$1.5M2014-12-30$7.5M$37.3M85%
Seed$1.0M2016-03-02$5.2M$26.0M85%
Seed$2.0M2016-07-01$10.0M$49.6M90%
Seed$1.6M2017-01-31$8.1M$40.2M90%
Series A$7.2M2017-06-07$32.7M$145.2M90%
Series A$15.0M2019-02-08$68.2M$302.7M90%
Series B$20.0M2021-03-03$111.1M$360.9M90%
Series B$126K2021-06-29$701K$2.1M90%
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. Seed$1.5M2014-12-30
    • First recorded raise — entered as Seed.
    • 37 investors on this round.
  2. Seed$1.0M2016-03-02
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  3. Seed$2.0M2016-07-01
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
  4. Seed$1.6M2017-01-31
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 23 investors on this round.
  5. Series A$7.2M2017-06-07
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 39 investors on this round.
  6. Series A$15.0M2019-02-08
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 37 investors on this round.
  7. Series B$20.0M2021-03-03
    • Raised again after 25 mo — slower than the ~14 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 13 investors on this round.
  8. Series B$126K2021-06-29
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 158.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~11mo cadence
$126K
Modeled next size est.range $126K$202K
0.0×
Last step-up
$7.2M/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
Jeff Cook3 other2021-03
Kyle Williams3 other2017-06
Ryan Kirkpatrick3 other2017-06
Molly Bonakdarpour2 other2021-03
Chris Saxman1 other2016-03
Gabe Varela1 other2021-03
Jim Kasic1 other2016-03
Ryan Kennedy1 other2016-03
Sean Kearney1 other2017-06
Andrew Altorfer2014-12
ANDREW CHRISTIAN ALTORFER2016-07
Chris Blake Saxman2014-12
Christian Saxman2017-06
Elliot Blake Sands2014-12
Elliot Christian Sands2016-07
Elliot Sands2016-03
GABE BLAKE VARELA2019-02
JAMES C.T. LINFIELD2021-03
JEFF BLAKE COOK2019-02
JOHN JEPSEN2021-03
KELSEY C.T. MAGUIRE2021-03
KEN BLAKE HANOVER2019-02
Ken Hanover2017-06
KYLE BLAKE WILLIAMS2019-02
Registry & provenance

CirrusMD 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
1630384
SEC CIK
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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
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FGC CorrMed Holdings, LLCOther Health CareSeries A$44.7M85%
Somatus, Inc.Other Health CareSeries C$1.1B84%
BridgepointMD, Inc.Other Health CareSeed$12.8M84%
Medico CX, Inc.Other Health CarePre-Seed$10.1M84%
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Frequently asked
How much funding has CirrusMD Inc. raised?
CirrusMD Inc. has raised approximately $46.5M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is CirrusMD Inc.'s estimated valuation?
Provath's modeled valuation for CirrusMD Inc. is approximately $2.1M (modeled range $296K–$6.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is CirrusMD Inc. at?
CirrusMD Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jun 29.
What does CirrusMD Inc. do and where is it based?
CirrusMD Inc. operates in the Other Health Care sector, based in DENVER.
Explore related

See where CirrusMD 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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