Companies · Other Health Care

HistoSonics, Inc.

Plymouth · Other Health Care

Diligence memoA one-page analyst read on HistoSonics, Inc. — recommendation, valuation, rhythm, risks.
$308.2M
Total raised · real
9
Rounds
1.2×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Jul 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

HistoSonics, Inc. looks fair against its niche peers and is quiet 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 0.87× the median modeled value of Series D+ Other Health Care companies in 2022–2024 (17 peers) — value vs value, same stage and era.
  • Within the normal band (87% of peer median) for its niche.
Quiet
  • Last raise 23 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector 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

HistoSonics, Inc. is one of 5376 Other Health Care companies tracked from Plymouth. By capital raised it ranks among the largest (ahead of 99% 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
39
Investors (latest)
2024-07-31
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$500M$1.0B$1.5B$2.0BSeries A · 2009-12-16 Raised $12M (real) Modeled valuation $245M (est)Series A2009Series A · 2009-12-16 Raised $5.0M (real) Modeled valuation $101M (est)Series A · 2009-12-16 Raised $14M (real) Modeled valuation $286M (est)Series A2009Series A · 2009-12-16 Raised $11M (real) Modeled valuation $225M (est)Series A · 2009-12-16 Raised $8.1M (real) Modeled valuation $163M (est)Series A2009Series A · 2014-12-19 Raised $1.5M (real) Modeled valuation $30M (est)Series A · 2015-07-29 Raised $2.1M (real) Modeled valuation $42M (est)Series A2015Series A · 2017-01-30 Raised $8.3M (real) Modeled valuation $167M (est)Series A · 2018-04-18 Raised $4.8M (real) Modeled valuation $97M (est)Series A2018Seed · 2018-04-18 Raised $3.8M (real) Modeled valuation $95M (est)Series A · 2018-04-18 Raised $7.0M (real) Modeled valuation $141M (est)Series A2018Series A · 2018-04-18 Raised $4.7M (real) Modeled valuation $94M (est)Series C · 2019-04-05 Raised $47M (real) Modeled valuation $1.1B (est)Series C2019Series C · 2020-04-15 Raised $41M (real) Modeled valuation $932M (est)Series B · 2020-04-15 Raised $34M (real) Modeled valuation $742M (est)Series B2020Series C · 2022-12-12 Raised $85M (real) Modeled valuation $1.0B (est)Series D+ · 2024-07-31 Raised $102M (real) Modeled valuation $1.0B (est)Series D+2024Cumulative $391M

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$12.1M · 2009
Series A extension$5.0M · 2009
Series A extension$14.2M · 2009
Series A extension$11.1M · 2009
Series A extension$8.1M · 2009
Series A extension$1.5M · 2014
Series A extension$2.1M · 2015
Series A extension$8.3M · 2017
Series A extension$4.8M · 2018
Bridge · Series A-stage$3.8M · 2018smaller follow-on
Series A extension$7.0M · 2018
Series A extension$4.7M · 2018
Series C$47.4M · 2019no Series B on file
Series C extension$40.8M · 2020
Bridge · Series C-stage$33.5M · 2020smaller follow-on
Series C extension$85.0M · 2022
Series D+$102.0M · 2024

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: 83%.

Modeled valuation trajectory
$1.0B
Base estimate est.
$543.3M
Conservative case
$1.4B
Upside case
$850.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $244.7M · 2009-12-162009Series A · modeled $100.9M · 2009-12-16Series A · modeled $286.0M · 2009-12-16Series A · modeled $224.5M · 2009-12-16Series A · modeled $163.3M · 2009-12-16Series A · modeled $30.3M · 2014-12-19Series A · modeled $42.5M · 2015-07-29Series A · modeled $166.7M · 2017-01-30Series A · modeled $97.4M · 2018-04-18Seed · modeled $94.8M · 2018-04-18Series A · modeled $141.3M · 2018-04-18Series A · modeled $94.3M · 2018-04-18Series C · modeled $1.1B · 2019-04-05Series C · modeled $931.9M · 2020-04-15Series B · modeled $742.3M · 2020-04-15Series C · modeled $1.0B · 2022-12-12Series D+ · modeled $1.0B · 2024-07-312024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
64% low · 88% high
1.23×/yr
Annual markup
1.38×/yr upside case
1.9 yr
Elapsed time used
1.9 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$21.1M/yr
Capital velocity
16.5 yr
On record since
2009
First round
17
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) 127× above median
This company$308.2M
Sector median$2.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.8× of median
This company$102.0M
Sector median$123.0M
Modeled value — vs sector median (estimate, all stages) 46× above median
This company$1.0B
Sector median$22.1M

Raised more than 99% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #10 of 17.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)United Digestive Holdings, LLC · Series D+ Raised $323.3M · modeled $4.2B (est)DispatchHealth Holdings, Inc. · Series D+ Raised $578.0M · modeled $3.7B (est)Zimmer Biomet Holdings, Inc. · Series D+ Raised $216.1M · modeled $2.9B (est)Main Street Rural, Inc. · Series D+ Raised $211.2M · modeled $2.4B (est)Richmond Buyer L.P. · Series D+ Raised $232.6M · modeled $2.2B (est)Thirty Madison, Inc. · Series D+ Raised $255.7M · modeled $1.8B (est)Ember Management Aggregator, L.P. · Series D+ Raised $129.9M · modeled $1.8B (est)Glooko, Inc. · Series D+ Raised $221.0M · modeled $1.2B (est)Renovaro Inc. · Series D+ Raised $123.3M · modeled $1.2B (est)Ecph, Llc · Series D+ Raised $285.4M · modeled $914.9M (est)Cortica Inc. · Series D+ Raised $210.9M · modeled $757.4M (est)HistoSonics, Inc. (this company) Raised $308.2M · modeled $1.0B (est)HistoSonics, Inc.
CompanyStageRaised · realValue · estvs peer med.
United Digestive Holdings, LLCSeries D+$323.3M$4.2B3.63×
DispatchHealth Holdings, Inc.Series D+$578.0M$3.7B3.17×
Zimmer Biomet Holdings, Inc.Series D+$216.1M$2.9B2.50×
Main Street Rural, Inc.Series D+$211.2M$2.4B2.07×
Richmond Buyer L.P.Series D+$232.6M$2.2B1.93×
Thirty Madison, Inc.Series D+$255.7M$1.8B1.56×
Ember Management Aggregator, L.P.Series D+$129.9M$1.8B1.55×
Glooko, Inc.Series D+$221.0M$1.2B1.05×
Renovaro Inc.Series D+$123.3M$1.2B1.00×
HistoSonics, Inc. this companySeries D+$308.2M$1.0B0.87×
Ecph, LlcSeries D+$285.4M$914.9M0.79×
Cortica Inc.Series D+$210.9M$757.4M0.65×
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$12.1M2009-12-16$55.1M$244.7M85%
Series A$5.0M2009-12-16$22.7M$100.9M85%
Series A$14.2M2009-12-16$64.4M$286.0M85%
Series A$11.1M2009-12-16$50.6M$224.5M85%
Series A$8.1M2009-12-16$36.8M$163.3M85%
Series A$1.5M2014-12-19$6.8M$30.3M85%
Series A$2.1M2015-07-29$9.6M$42.5M85%
Series A$8.3M2017-01-30$37.5M$166.7M90%
Series A$4.8M2018-04-18$21.9M$97.4M90%
Seed$3.8M2018-04-18$19.1M$94.8M90%
Series A$7.0M2018-04-18$31.8M$141.3M90%
Series A$4.7M2018-04-18$21.3M$94.3M90%
Series C$47.4M2019-04-05$315.8M$1.1B90%
Series C$40.8M2020-04-15$271.7M$931.9M90%
Series B$33.5M2020-04-15$186.1M$742.3M90%
Series C$85.0M2022-12-12$566.7M$1.0B90%
Series D+$102.0M2024-07-31$850.0M$1.0B90%
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$12.1M2009-12-16
    • First recorded raise — entered as Series A.
    • 13 investors on this round.
  2. Series A$5.0M2009-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • Switched to Rule 06 (was Rule 506(b)).
    • 8 investors on this round.
  3. Series A$14.2M2009-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 13 investors on this round.
  4. Series A$11.1M2009-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • Switched to Rule 06 (was Rule 506(b)).
    • 12 investors on this round.
  5. Series A$8.1M2009-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  6. Series A$1.5M2014-12-19
    • Raised again after 60 mo — slower than the ~14 mo sector norm.
    • Round 5.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  7. Series A$2.1M2015-07-29
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 10 investors on this round.
  8. Series A$8.3M2017-01-30
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
    • 13 investors on this round.
  9. Series A$4.8M2018-04-18
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 20 investors on this round.
  10. Seed$3.8M2018-04-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 13 investors on this round.
  11. Series A$7.0M2018-04-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 34 investors on this round.
  12. Series A$4.7M2018-04-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  13. Series C$47.4M2019-04-05
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 10.1× larger than the prior — scaling up.
    • 44 investors on this round.
  14. Series C$40.8M2020-04-15
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 24 investors on this round.
  15. Series B$33.5M2020-04-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  16. Series C$85.0M2022-12-12
    • Raised again after 32 mo — slower than the ~14 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 38 investors on this round.
  17. Series D+$102.0M2024-07-31
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 39 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~11mo cadence
$122.4M
Modeled next size est.range $102.0M$195.8M
1.2×
Last step-up
$21.1M/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
Gerry Brunk4 other2020-04
JAMES ADOX4 other2018-04
Jon Freeman4 other2018-04
Linda Tufts4 other2018-04
V. Kadir Kadhiresan4 other2019-04
Kadir Kadhiresan3 other2020-04
Michael Blue3 other2018-04
Andrew Von Eschenbach2 other2018-04
CHRIS DIMITROPOULOS2 other2024-07
Wen Chen2 other2020-04
Akhil Tripathi1 other2018-04
Fred Lee1 other2018-04
Jim Adox1 other2022-12
Richard Eric Bosler1 other2020-04
Robert Morff1 other2018-04
Tom Tefft1 other2018-04
Akhil Christine Tripathi2018-04
Andrew Christine Von Eschenbach2009-12
Dan Bulver2018-04
Erica Kadir Rogers2024-07
Fred Christine Lee2018-04
Fred Christine Lee, Jr.2017-01
Fred Kadir Lee, Jr.2024-07
Gerry Kadir Brunk2019-04
Registry & provenance

HistoSonics, 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
1479012
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
ViaLase, Inc.Other Health CareSeries C$84.1M$395.6Mnetwork2 shared operators · same sector
HeartFlow Holding, Inc.Other Health CareSeries D+$314.2M$432.4Msame sector · same stage
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PROCEPT BioRobotics CorpOther Health CareSeries D+$348.8M$1.6Bsame sector · same stage
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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
Mydna, IncOther Health CareSeries C$1.4B87%
Heska CorpOther Health CareSeries D+$2.8B86%
BioCytics, Inc.Other Health CareSeed$10.9M85%
Helomics Holding CorpOther Health CareSeed$74.4M85%
Myoptechs, Inc.Other Health CareSeed$5.3M85%
HemoSonics, LLCOther Health CareSeries A$302.7M84%
iSpecimen Inc.Other Health CareSeries B$22.8M84%
InfoBionic, Inc.Other Health CareSeries C$573.3M84%
Frequently asked
How much funding has HistoSonics, Inc. raised?
HistoSonics, Inc. has raised approximately $308.2M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is HistoSonics, Inc.'s estimated valuation?
Provath's modeled valuation for HistoSonics, Inc. is approximately $1.0B (modeled range $543.3M–$1.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is HistoSonics, Inc. at?
HistoSonics, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Jul 31.
What does HistoSonics, Inc. do and where is it based?
HistoSonics, Inc. operates in the Other Health Care sector, based in Plymouth.
Explore related

See where HistoSonics, 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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