Companies · Other Health Care

Hotspur Technologies Inc

MOUNTAIN VIEW · Other Health Care

Diligence memoA one-page analyst read on Hotspur Technologies Inc — recommendation, valuation, rhythm, risks.
$20.6M
Total raised · real
8
Rounds
0.8×
Latest step-up
Top 16%
Sector rank · raised
Seed
Latest stage · inferred · Tue Apr 26 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Hotspur Technologies Inc looks over-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.

Over-valued
  • Modeled value is 2.28× the median modeled value of Seed Other Health Care companies in 2010–2012 (243 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.2 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

Hotspur Technologies Inc is one of 5376 Other Health Care companies tracked from MOUNTAIN VIEW. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the upper tier 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
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$25M$50M$75M$100MSeed · 2009-04-30 Raised $1.8M (real) Modeled valuation $43M (est)Seed2009Seed · 2009-08-14 Raised $2.7M (real) Modeled valuation $68M (est)Seed2009Seed · 2009-08-14 Raised $2.5M (real) Modeled valuation $62M (est)Seed2009Seed · 2009-08-14 Raised $3.7M (real) Modeled valuation $93M (est)Seed2009Seed · 2011-04-26 Raised $3.7M (real) Modeled valuation $91M (est)Seed2011Seed · 2011-04-26 Raised $3.5M (real) Modeled valuation $87M (est)Seed2011Seed · 2011-04-26 Raised $3.5M (real) Modeled valuation $87M (est)Seed2011Seed · 2011-04-26 Raised $1.5M (real) Modeled valuation $37M (est)Seed2011Seed · 2011-04-26 Raised $1.1M (real) Modeled valuation $28M (est)Seed2011+$2.7M+$2.5M+$3.7M+$3.7M+$3.5M+$3.5M+$1.5M+$1.1MCumulative $24M

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$1.8M · 2009
Seed extension$2.7M · 2009
Seed extension$2.5M · 2009
Seed extension$3.7M · 2009
Seed extension$3.7M · 2011
Seed extension$3.5M · 2011
Seed extension$3.5M · 2011
Seed extension$1.5M · 2011
Seed extension$1.1M · 2011

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: 50%.

Modeled valuation trajectory
$91.2M
Base estimate est.
$3.1M
Conservative case
$715.6M
Upside case
$18.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Seed · modeled $43.4M · 2009-04-302009Seed · modeled $68.2M · 2009-08-14Seed · modeled $62.0M · 2009-08-14Seed · modeled $92.9M · 2009-08-14Seed · modeled $91.2M · 2011-04-26Seed · modeled $86.7M · 2011-04-26Seed · modeled $86.7M · 2011-04-26Seed · modeled $37.2M · 2011-04-26Seed · modeled $28.3M · 2011-04-262011
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.54×/yr
Annual markup
2.01×/yr upside case
6.0 yr
Elapsed time used
15.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$10.3M/yr
Capital velocity
17.2 yr
On record since
2009
First round
9
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) 8.5× above median
This company$20.6M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$1.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 4.1× above median
This company$91.2M
Sector median$22.1M

Raised more than 85% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #16 of 243.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Coolsystems Inc · Seed Raised $8.3M · modeled $99.1M (est)CuMed LLC · Seed Raised $4.0M · modeled $99.1M (est)U.S. Nursing Corp · Seed Raised $8.0M · modeled $99.1M (est)CMC II Investors, LLC · Seed Raised $4.0M · modeled $99.1M (est)Kare Partners LLC · Seed Raised $4.0M · modeled $99.1M (est)Device Innovation Group, LLC · Seed Raised $4.0M · modeled $99.1M (est)Envoy Partners Llc · Seed Raised $4.0M · modeled $99.1M (est)Accendo Therapeutics, Inc. · Seed Raised $4.0M · modeled $98.9M (est)Luminous Medical Inc · Seed Raised $4.4M · modeled $97.6M (est)Charger Holding Corp. · Seed Raised $3.9M · modeled $97.2M (est)Northstar Medical Technologies, LLC · Seed Raised $3.9M · modeled $96.4M (est)Vitalize Consulting Solutions Inc · Seed Raised $3.9M · modeled $96.2M (est)Hotspur Technologies Inc (this company) Raised $20.6M · modeled $91.2M (est)Hotspur Technologies Inc
CompanyStageRaised · realValue · estvs peer med.
Coolsystems IncSeed$8.3M$99.1M2.47×
CuMed LLCSeed$4.0M$99.1M2.47×
U.S. Nursing CorpSeed$8.0M$99.1M2.47×
CMC II Investors, LLCSeed$4.0M$99.1M2.47×
Kare Partners LLCSeed$4.0M$99.1M2.47×
Device Innovation Group, LLCSeed$4.0M$99.1M2.47×
Envoy Partners LlcSeed$4.0M$99.1M2.47×
Accendo Therapeutics, Inc.Seed$4.0M$98.9M2.47×
Luminous Medical IncSeed$4.4M$97.6M2.44×
Charger Holding Corp.Seed$3.9M$97.2M2.43×
Northstar Medical Technologies, LLCSeed$3.9M$96.4M2.41×
Vitalize Consulting Solutions IncSeed$3.9M$96.2M2.40×
Hotspur Technologies Inc this companySeed$20.6M$91.2M2.28×
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$1.8M2009-04-30$8.8M$43.4M90%
Seed$2.7M2009-08-14$13.7M$68.2M90%
Seed$2.5M2009-08-14$12.5M$62.0M90%
Seed$3.7M2009-08-14$18.7M$92.9M90%
Seed$3.7M2011-04-26$18.4M$91.2M90%
Seed$3.5M2011-04-26$17.5M$86.7M90%
Seed$3.5M2011-04-26$17.5M$86.7M90%
Seed$1.5M2011-04-26$7.5M$37.2M90%
Seed$1.1M2011-04-26$5.7M$28.3M90%
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$1.8M2009-04-30
    • First recorded raise — entered as Seed.
  2. Seed$2.7M2009-08-14
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
  3. Seed$2.5M2009-08-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  4. Seed$3.7M2009-08-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
  5. Seed$3.7M2011-04-26
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  6. Seed$3.5M2011-04-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  7. Seed$3.5M2011-04-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  8. Seed$1.5M2011-04-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× smaller than the prior — bridge or down round.
  9. Seed$1.1M2011-04-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q3
Modeled next raise · ~3mo cadence
$1.1M
Modeled next size est.range $1.1M$1.8M
0.8×
Last step-up
$10.3M/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
FARHAD KHOSRAVI13 other2009-04
Amar Sawhney5 other2009-04
Robert Kuhling2 other2009-08
Gwen Watanabe1 other2009-04
Jay Brumfield1 other2009-08
Louis Soto1 other2009-04
Farhad Howard Khosravi2009-08
Gwen Howard Watanabe2009-08
James Howard Dreher2009-04
Jay Howard Brumfield2009-08
Louie Cannon2009-08
Louie Howard Cannon2009-08
Louis Howard Soto2009-08
Renee Howard Masi2011-04
Robert Howard Kuhling2009-08
William Howard Mavity2011-04
Registry & provenance

Hotspur Technologies 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
1452138
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
Squareone, Inc.Other Health CareSeries A$15.9M$81.5Mnetwork3 shared operators · same sector
Maya Medical, Inc.Other Health CareSeed$6.9M$25.8Mnetwork1 shared operator · same sector · same stage
Sadra Medical, Inc.Other Health CareSeries B$23.0M$88.6Mnetwork1 shared operator · same sector
Access Closure, Inc.OtherSeries A$23.6M$15.6Mnetwork2 shared operators
Sapheon, Inc.Other Health CareSeed$15.9M$88.2Msame sector · same stage
Soteira, Inc.Other Health CareSeries A$10.9M$7.6Mnetwork1 shared operator · same sector
Ostial CorpOther Health CareSeries A$10.4M$71.6Mnetwork1 shared operator · same sector
Tulavi Therapeutics, Inc.BiotechnologySeries A$14.5M$17.9Mnetwork2 shared operators
Frequently asked
How much funding has Hotspur Technologies Inc raised?
Hotspur Technologies Inc has raised approximately $20.6M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Hotspur Technologies Inc's estimated valuation?
Provath's modeled valuation for Hotspur Technologies Inc is approximately $91.2M (modeled range $3.1M–$715.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hotspur Technologies Inc at?
Hotspur Technologies Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Apr 26.
What does Hotspur Technologies Inc do and where is it based?
Hotspur Technologies Inc operates in the Other Health Care sector, based in MOUNTAIN VIEW.
Explore related

See where Hotspur Technologies 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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