Companies · Healthtech

Functional Medical Imaging, LLC

COTTAGE GROVE · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Functional Medical Imaging, LLC — recommendation, valuation, rhythm, risks.
$100K
Total raised · real
1
Rounds
Latest step-up
Top 91%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Oct 25 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Functional Medical Imaging, LLC 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 healthtech 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 0.38× the median modeled value of Pre-Seed Healthtech companies in 2022–2024 (174 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.7 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Functional Medical Imaging, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
3.7 yr record
Peak capital year was 2022 with $100K across 1 filings.
Market position
ahead of 10% of Healthtech peers
Capital scale is ahead of 10% of Healthtech peers; modeled value is above 12% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $100K across 1 filings.
  • Largest single filing was $100K on 2022-10-25.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
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 Healthtech

Functional Medical Imaging, LLC is one of 2138 Healthtech companies tracked from COTTAGE GROVE. By capital raised it ranks in the long tail (ahead of 10% 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
No revenue
Issuer revenue
Rule 504
Reg D exemption
7
Investors (latest)
2019
Year incorporated
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$500K$1.0M$1.5M$2.0MPre-Seed · 2022-10-25 Raised $100K (real) Modeled valuation $1.0M (est)$100K$1.0MPre-Seed2022

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$100K · 2022

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

Modeled valuation trajectory
$1.0M
Base estimate est.
$63K
Conservative case
$5.9M
Upside case
$556K
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 healthtech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.67×/yr
Annual markup
2.27×/yr upside case
3.7 yr
Elapsed time used
3.7 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.7 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 0.0× of median
This company$100K
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$100K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.0M
Sector median$33.8M

Raised more than 10% of sector peers (real $). Modeled value above 12% 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 #149 of 174.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$10K$100K$1.0M$10.0MCapital raised (log)Hoy Health Corp · Pre-Seed Raised $1.0M · modeled $15.8M (est)Ennova Health LLC · Pre-Seed Raised $1.0M · modeled $13.9M (est)Telebelly Health, Inc. · Pre-Seed Raised $950K · modeled $13.8M (est)Health Rosetta Group PBC · Pre-Seed Raised $2.0M · modeled $13.2M (est)B2M Medical, Inc. · Pre-Seed Raised $825K · modeled $12.6M (est)Imagen Poole Dental Support Services, LLC · Pre-Seed Raised $886K · modeled $11.3M (est)GVC Health Technology Holdings Inc. · Pre-Seed Raised $900K · modeled $10.9M (est)WITH Wellness Co. · Pre-Seed Raised $750K · modeled $10.7M (est)FYR Medical, Inc. · Pre-Seed Raised $725K · modeled $10.6M (est)Everus Health, Inc. · Pre-Seed Raised $1.0M · modeled $10.4M (est)Imagen Campbell Dental Support Services, LLC · Pre-Seed Raised $715K · modeled $10.0M (est)Koha Health, LLC · Pre-Seed Raised $1.0M · modeled $9.5M (est)Functional Medical Imaging, LLC (this company) Raised $100K · modeled $1.0M (est)Functional Medical Imaging, LLC
CompanyStageRaised · realValue · estvs peer med.
Hoy Health CorpPre-Seed$1.0M$15.8M5.68×
Ennova Health LLCPre-Seed$1.0M$13.9M4.98×
Telebelly Health, Inc.Pre-Seed$950K$13.8M4.94×
Health Rosetta Group PBCPre-Seed$2.0M$13.2M4.74×
B2M Medical, Inc.Pre-Seed$825K$12.6M4.53×
Imagen Poole Dental Support Services, LLCPre-Seed$886K$11.3M4.05×
GVC Health Technology Holdings Inc.Pre-Seed$900K$10.9M3.92×
WITH Wellness Co.Pre-Seed$750K$10.7M3.82×
FYR Medical, Inc.Pre-Seed$725K$10.6M3.80×
Everus Health, Inc.Pre-Seed$1.0M$10.4M3.74×
Imagen Campbell Dental Support Services, LLCPre-Seed$715K$10.0M3.60×
Koha Health, LLCPre-Seed$1.0M$9.5M3.41×
Functional Medical Imaging, LLC this companyPre-Seed$100K$1.0M0.38×
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$100K2022-10-25$556K$1.0M90%
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$100K2022-10-25
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
Intelligence
Modeled next raise
$160K
Modeled next size est.range $104K$256K
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
Gregory A. Glesinger43 other2022-10
Lisa A. Arington43 other2022-10
Maureen A Kenney32 other2022-10
Paul A Zahn32 other2022-10
Rick A Lonigro32 other2022-10
Karen A Stevens6 other2022-10
Karl A Gack4 other2022-10
Kristen A Garner4 other2022-10
Randall A Duncan4 other2022-10
Registry & provenance

Functional Medical Imaging, LLC 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
1951707
SEC CIK
2019
Incorporated
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
Dewpoint Imaging, LLCOther Health CarePre-Seed$100K$270Knetwork7 shared operators · same stage
Kinetic Imaging, LLCOther Health CarePre-Seed$100K$844Knetwork7 shared operators · same stage
Oak Imaging, LLCOther Health CarePre-Seed$100K$674Knetwork7 shared operators · same stage
Precision Imaging, LLCOther Health CarePre-Seed$100K$902Knetwork7 shared operators · same stage
Technical Imaging Associates, LLCOther Health CarePre-Seed$100K$746Knetwork7 shared operators · same stage
Total Quality Imaging, LLCOther Health CarePre-Seed$100K$273Knetwork7 shared operators · same stage
Area Magnetic Partners, LLCOther Health CarePre-Seed$100K$1.0Mnetwork6 shared operators · same stage
Bluejay Imaging Associates, LLCOther Health CarePre-Seed$100K$455Knetwork6 shared operators · 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
Smart Scan Medical Imaging, LlcHealthtechSeed$7.7M88%
Preferred Health Imaging, LLCHealthtechPre-Seed$2.3M88%
Research Imaging Company, LLCOther Health CareSeries C$679.4M85%
Formal Imaging Experts, LLCOther Health CarePre-Seed$423K85%
Best Imaging, LLCOther Health CarePre-Seed$1.2M85%
Technical Imaging Associates, LLCOther Health CarePre-Seed$746K84%
Eyas Medical Imaging, Inc.HealthtechSeries A$73.8M84%
Francis Medical, Inc.HealthtechSeries B$234.0M84%
Frequently asked
How much funding has Functional Medical Imaging, LLC raised?
Functional Medical Imaging, LLC has raised approximately $100K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Functional Medical Imaging, LLC's estimated valuation?
Provath's modeled valuation for Functional Medical Imaging, LLC is approximately $1.0M (modeled range $63K–$5.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Functional Medical Imaging, LLC at?
Functional Medical Imaging, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Oct 25.
What does Functional Medical Imaging, LLC do and where is it based?
Functional Medical Imaging, LLC operates in the Healthtech sector, based in COTTAGE GROVE.
Explore related

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

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