Companies · Healthtech

Imricor Medical Systems Inc

BURNSVILLE · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Imricor Medical Systems Inc — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
6
Rounds
0.4×
Latest step-up
Top 30%
Sector rank · raised
Series A
Latest stage · inferred · Thu Aug 29 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Imricor Medical Systems 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 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 0.12× the median modeled value of Series A Healthtech companies in 2019–2021 (124 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.8 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 Healthtech

Imricor Medical Systems Inc is one of 2138 Healthtech companies tracked from BURNSVILLE. By capital raised it ranks in the upper tier (ahead of 71% 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
12
Investors (latest)
2019-08-29
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$25M$50M$75M$100MPre-Seed · 2008-01-13 Raised $200K (real) Modeled valuation $6.9M (est)Pre-Seed2008Seed · 2009-09-12 Raised $3.1M (real) Modeled valuation $85M (est)Seed2009Seed · 2010-09-02 Raised $100K (real) Modeled valuation $2.8M (est)Seed2010Series A · 2011-09-01 Raised $4.1M (real) Modeled valuation $93M (est)Series A2011Series A · 2017-09-08 Raised $1.6M (real) Modeled valuation $36M (est)Series A2017Series A · 2018-04-04 Raised $1.5M (real) Modeled valuation $34M (est)Series A2018Series A · 2019-08-29 Raised $613K (real) Modeled valuation $14M (est)Series A2019+$3.1M+$100K+$4.1M+$1.6M+$1.5M+$613KCumulative $11M

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$200K · 2008
Seed$3.1M · 2009
Seed extension$100K · 2010
Series A$4.1M · 2011
Series A extension$1.6M · 2017
Series A extension$1.5M · 2018
Series A extension$613K · 2019

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

Modeled valuation trajectory
$13.8M
Base estimate est.
$786K
Conservative case
$75.3M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.9M · 2008-01-132008Seed · modeled $85.1M · 2009-09-12Seed · modeled $2.8M · 2010-09-02Series A · modeled $93.0M · 2011-09-01Series A · modeled $35.6M · 2017-09-08Series A · modeled $33.8M · 2018-04-04Series A · modeled $13.8M · 2019-08-292019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
6.0 yr
Elapsed time used
6.8 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$944K/yr
Capital velocity
18.5 yr
On record since
2008
First round
7
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) 2.5× above median
This company$11.0M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$613K
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$13.8M
Sector median$33.8M

Raised more than 71% of sector peers (real $). Modeled value above 38% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #119 of 124.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Itamar Medical Ltd. · Series A Raised $14.7M · modeled $331.4M (est)ChartSpan Medical Technologies, Inc. · Series A Raised $14.7M · modeled $330.7M (est)4G Clinical, LLC · Series A Raised $24.3M · modeled $330.0M (est)Wellness Group Investors, LLC · Series A Raised $14.0M · modeled $294.5M (est)Avation Medical, Inc. · Series A Raised $12.9M · modeled $291.8M (est)Fresenius Medical Care Baldwin County, LLC · Series A Raised $12.8M · modeled $289.6M (est)Blue Ox Healthcare Partners SP, LLC · Series A Raised $12.6M · modeled $284.7M (est)LIBERTY DENTAL PLAN Corp · Series A Raised $11.8M · modeled $266.3M (est)Decisio Health, Inc. · Series A Raised $14.6M · modeled $264.3M (est)emPower Health Equity, Inc. · Series A Raised $11.2M · modeled $253.4M (est)Insightin Health Inc · Series A Raised $12.4M · modeled $234.7M (est)Edifice Health, Inc. · Series A Raised $13.8M · modeled $233.8M (est)Imricor Medical Systems Inc (this company) Raised $11.0M · modeled $13.8M (est)Imricor Medical Systems Inc
CompanyStageRaised · realValue · estvs peer med.
Itamar Medical Ltd.Series A$14.7M$331.4M2.83×
ChartSpan Medical Technologies, Inc.Series A$14.7M$330.7M2.82×
4G Clinical, LLCSeries A$24.3M$330.0M2.82×
Wellness Group Investors, LLCSeries A$14.0M$294.5M2.51×
Avation Medical, Inc.Series A$12.9M$291.8M2.49×
Fresenius Medical Care Baldwin County, LLCSeries A$12.8M$289.6M2.47×
Blue Ox Healthcare Partners SP, LLCSeries A$12.6M$284.7M2.43×
LIBERTY DENTAL PLAN CorpSeries A$11.8M$266.3M2.27×
Decisio Health, Inc.Series A$14.6M$264.3M2.26×
emPower Health Equity, Inc.Series A$11.2M$253.4M2.16×
Insightin Health IncSeries A$12.4M$234.7M2.00×
Edifice Health, Inc.Series A$13.8M$233.8M2.00×
Imricor Medical Systems Inc this companySeries A$11.0M$13.8M0.12×
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$200K2008-01-13$1.1M$6.9M85%
Seed$3.1M2009-09-12$15.3M$85.1M85%
Seed$100K2010-09-02$500K$2.8M85%
Series A$4.1M2011-09-01$18.7M$93.0M85%
Series A$1.6M2017-09-08$7.2M$35.6M90%
Series A$1.5M2018-04-04$6.8M$33.8M90%
Series A$613K2019-08-29$2.8M$13.8M90%
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$200K2008-01-13
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$3.1M2009-09-12
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 15.3× larger than the prior — scaling up.
    • 23 investors on this round.
  3. Seed$100K2010-09-02
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 30.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series A$4.1M2011-09-01
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 41.2× larger than the prior — scaling up.
    • 54 investors on this round.
  5. Series A$1.6M2017-09-08
    • Raised again after 72 mo — slower than the ~14 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 15 investors on this round.
  6. Series A$1.5M2018-04-04
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  7. Series A$613K2019-08-29
    • Raised 17 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 12 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~23mo cadence
$613K
Modeled next size est.range $613K$981K
0.4×
Last step-up
$944K/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
John Booth3 other2008-01
Mark Tibbles2 other2018-04
Paula Skjefte1 other2010-09
Peter McGregor1 other2019-08
Albert C. Lardo2008-01
Albert Lardo2009-09
Barbara A Peterson2008-01
Barbara Peterson2009-09
Doris Engibous2019-08
Lori Milbrandt2018-04
Mark R. Tibbles2017-09
Niels Kuster2009-09
Niels R. Kuster2017-09
Steven R. Wedan2017-09
Steven Wedan2009-09
Steve Wedan2019-08
Thomas R. Borillo2017-09
Tom Borillo2018-04
Registry & provenance

Imricor Medical Systems 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
1424951
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
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Psyched Wellness Ltd.HealthtechSeries A$10.8M$13.6Msame sector · same stage
Cordata Healthcare Innovations, Inc.HealthtechSeries A$10.5M$14.6Msame sector · same stage
Serface Care, Inc.HealthtechSeries A$11.5M$14.9Msame sector · same stage
Clozex Medical, Inc.HealthtechSeries A$10.4M$19.3Msame sector · same stage
MPAC Healthcare Management, LLCHealthtechSeries A$10.4M$7.3Msame sector · same stage
Genomate Health, Inc.HealthtechSeries A$10.4M$7.7Msame sector · same stage
Aqueduct Critical Care, Inc.HealthtechSeries A$10.3M$18.5Msame sector · 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
Interstate Health Systems, Inc.HealthtechSeed$20.8M85%
MyMedCard Health, Inc.HealthtechPre-Seed$902K84%
iFirst Medical Technologies, Inc.HealthtechPre-Seed$5.2M84%
Intus Care Inc.HealthtechSeries A$1.4M83%
Heartbeat Health, Inc.HealthtechSeries B$164.7M83%
IGI Medical Technologies, LLCHealthtechSeries A$103.8M83%
IWEUS Health CorpHealthtechSeed$34.7M83%
Cvr Medical Corp.HealthtechPre-Seed$13.6M83%
Frequently asked
How much funding has Imricor Medical Systems Inc raised?
Imricor Medical Systems Inc has raised approximately $11.0M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Imricor Medical Systems Inc's estimated valuation?
Provath's modeled valuation for Imricor Medical Systems Inc is approximately $13.8M (modeled range $786K–$75.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Imricor Medical Systems Inc at?
Imricor Medical Systems Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Aug 29.
What does Imricor Medical Systems Inc do and where is it based?
Imricor Medical Systems Inc operates in the Healthtech sector, based in BURNSVILLE.
Explore related

See where Imricor Medical Systems 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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