Companies · Other Health Care

Iqmax Inc

CHARLOTTE · Other Health Care

Diligence memoA one-page analyst read on Iqmax Inc — recommendation, valuation, rhythm, risks.
$11.2M
Total raised · real
6
Rounds
0.2×
Latest step-up
Top 24%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 11 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Iqmax 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 health care 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 0.21× the median modeled value of Seed Other Health Care companies in 2013–2015 (251 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.2 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

Iqmax Inc is one of 5376 Other Health Care companies tracked from CHARLOTTE. By capital raised it ranks in the upper tier (ahead of 77% 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
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 · 2010-01-22 Raised $2.7M (real) Modeled valuation $67M (est)$2.7M$67MSeed2010Seed · 2010-01-22 Raised $1.7M (real) Modeled valuation $42M (est)$1.7M$42MSeed2010Pre-Seed · 2010-01-22 Raised $750K (real) Modeled valuation $23M (est)$750K$23MPre-Seed2010Seed · 2011-04-05 Raised $3.4M (real) Modeled valuation $84M (est)$3.4M$84MSeed2011Seed · 2011-04-05 Raised $2.3M (real) Modeled valuation $57M (est)$2.3M$57MSeed2011Seed · 2013-04-11 Raised $360K (real) Modeled valuation $8.9M (est)$360K$8.9MSeed2013+$1.7M+$750K+$3.4M+$2.3M+$360KCumulative $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
Seed$2.7M · 2010
Seed extension$1.7M · 2010
Bridge · Seed-stage$750K · 2010smaller follow-on
Seed extension$3.4M · 2011
Seed extension$2.3M · 2011
Seed extension$360K · 2013

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

Modeled valuation trajectory
$8.9M
Base estimate est.
$305K
Conservative case
$70.0M
Upside case
$1.8M
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 $67.5M · 2010-01-222010Seed · modeled $42.1M · 2010-01-22Pre-Seed · modeled $23.1M · 2010-01-22Seed · modeled $84.3M · 2011-04-05Seed · modeled $57.0M · 2011-04-05Seed · modeled $8.9M · 2013-04-112013
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
13.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$3.5M/yr
Capital velocity
16.4 yr
On record since
2010
First round
6
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) 4.6× above median
This company$11.2M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$360K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$8.9M
Sector median$22.1M

Raised more than 77% of sector peers (real $). Modeled value above 32% 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 #239 of 251.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)RightCare Solutions, Inc. · Seed Raised $8.7M · modeled $99.1M (est)Vios Medical, Inc. · Seed Raised $6.8M · modeled $98.7M (est)HealthEdge Investors DD Holdings, LLC · Seed Raised $4.0M · modeled $97.9M (est)Center at Northridge, LLC · Seed Raised $3.9M · modeled $96.7M (est)Fresenius Medical Care NKDHC, LLC · Seed Raised $3.9M · modeled $96.1M (est)Fresenius Vascular Care Laredo MSO, LLC · Seed Raised $3.9M · modeled $96.1M (est)Health Choice Care, LLC · Seed Raised $3.8M · modeled $94.9M (est)Trio Health Advisory Group, Inc. · Seed Raised $3.8M · modeled $93.3M (est)Okyanos Holdings Co LLC · Seed Raised $3.8M · modeled $92.9M (est)Fresenius Medical Care New Vista, LLC · Seed Raised $3.7M · modeled $91.9M (est)Arcscan Inc · Seed Raised $3.8M · modeled $91.0M (est)IngagePatient, Inc. · Seed Raised $8.3M · modeled $90.9M (est)Iqmax Inc (this company) Raised $11.2M · modeled $8.9M (est)Iqmax Inc
CompanyStageRaised · realValue · estvs peer med.
RightCare Solutions, Inc.Seed$8.7M$99.1M2.30×
Vios Medical, Inc.Seed$6.8M$98.7M2.29×
HealthEdge Investors DD Holdings, LLCSeed$4.0M$97.9M2.27×
Center at Northridge, LLCSeed$3.9M$96.7M2.25×
Fresenius Medical Care NKDHC, LLCSeed$3.9M$96.1M2.23×
Fresenius Vascular Care Laredo MSO, LLCSeed$3.9M$96.1M2.23×
Health Choice Care, LLCSeed$3.8M$94.9M2.21×
Trio Health Advisory Group, Inc.Seed$3.8M$93.3M2.17×
Okyanos Holdings Co LLCSeed$3.8M$92.9M2.16×
Fresenius Medical Care New Vista, LLCSeed$3.7M$91.9M2.14×
Arcscan IncSeed$3.8M$91.0M2.11×
IngagePatient, Inc.Seed$8.3M$90.9M2.11×
Iqmax Inc this companySeed$11.2M$8.9M0.21×
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$2.7M2010-01-22$13.6M$67.5M90%
Seed$1.7M2010-01-22$8.5M$42.1M90%
Pre-Seed$750K2010-01-22$4.2M$23.1M90%
Seed$3.4M2011-04-05$17.0M$84.3M90%
Seed$2.3M2011-04-05$11.5M$57.0M90%
Seed$360K2013-04-11$1.8M$8.9M90%
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$2.7M2010-01-22
    • First recorded raise — entered as Seed.
  2. Seed$1.7M2010-01-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  3. Pre-Seed$750K2010-01-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× smaller than the prior — bridge or down round.
  4. Seed$3.4M2011-04-05
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
  5. Seed$2.3M2011-04-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  6. Seed$360K2013-04-11
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 6.4× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q4
Modeled next raise · ~8mo cadence
$360K
Modeled next size est.range $360K$576K
0.2×
Last step-up
$3.5M/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
David Montanaro1 other2013-04
Paul Adkison1 other2010-01
Brian Updegraft2013-04
Chris Damvakaris2011-04
Chris Harmon2011-04
Christopher Harmon2010-01
Christopher Updegraft2010-01
Chris Updegraft2011-04
Gary Updegraft2010-01
Pete Farnham2011-04
Peter Farnham2010-01
Registry & provenance

Iqmax 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
1175339
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
eMindful Inc.Other Health CareSeed$11.0M$10.2Msame sector · same stage
Clearcount Medical Solutions IncOther Health CareSeed$12.1M$7.4Msame sector · same stage
Dgimed Ortho, Inc.Other Health CareSeed$9.6M$8.7Msame sector · same stage
PFO Global, Inc.Other Health CareSeed$8.6M$7.8Msame sector · same stage
Wisc Med, LlcOther Health CareSeed$8.5M$8.4Msame sector · same stage
Forest Devices, Inc.Other Health CareSeed$7.6M$7.6Msame sector · same stage
Dermatologists of Central States, LLCOther Health CareSeed$7.5M$9.4Msame sector · same stage
WiserCare, Inc.Other Health CareSeed$7.5M$8.1Msame sector · same stage
Frequently asked
How much funding has Iqmax Inc raised?
Iqmax Inc has raised approximately $11.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Iqmax Inc's estimated valuation?
Provath's modeled valuation for Iqmax Inc is approximately $8.9M (modeled range $305K–$70.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Iqmax Inc at?
Iqmax Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 11.
What does Iqmax Inc do and where is it based?
Iqmax Inc operates in the Other Health Care sector, based in CHARLOTTE.
Explore related

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