Diligence memo · auto-generated · as of July 2, 2026
Formal Imaging Experts, LLC
Formal Imaging Experts, LLC looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Formal Imaging Experts, LLC operates in Other Health Care, based in COTTAGE GROVE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Formal Imaging Experts, LLC has raised $100K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $100K on 2024-07-02.
Most recent recorded round closed around 2024-07-02.
Valuation (modeled)modeled
Provath models Formal Imaging Experts, LLC at approximately $423K (range $63K–$1.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.17× the median modeled value of Pre-Seed Other Health Care companies in 2022–2024 (288 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 24 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 3% of Other Health Care peers (5377 compared).
Modeled value ranks above 2% of those peers.
Closest niche peers: Active Recovery TMS, LLC, Imagen Walled Lake Support Services, LLC, Pinnacle Integrated Medicine, Inc., Choix, Inc., DataBiologics, Inc..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.