Companies · Medical Devices

Kantum Diagnostics, Inc.

CONCORD · Medical Devices · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Kantum Diagnostics, Inc. — recommendation, valuation, rhythm, risks.
$5.3M
Total raised · real
3
Rounds
4.4×
Latest step-up
Top 32%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jun 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Kantum Diagnostics, 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 medical devices 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 1.57× the median modeled value of Seed Medical Devices companies in 2019–2021 (23 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.0 yr ago; this sector typically re-raises about every 16 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 Medical Devices

Kantum Diagnostics, Inc. is one of 233 Medical Devices companies tracked from CONCORD. By capital raised it ranks mid-pack (ahead of 69% 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.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
44
Investors (latest)
2021-06-30
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 · 2018-04-30 Raised $989K (real) Modeled valuation $36M (est)$989K$36MPre-Seed2018Pre-Seed · 2018-09-28 Raised $805K (real) Modeled valuation $30M (est)$805K$30MPre-Seed2018Seed · 2021-06-30 Raised $3.5M (real) Modeled valuation $66M (est)$3.5M$66MSeed2021+$805K+$3.5MCumulative $5.3M

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$989K · 2018
Pre-Seed extension$805K · 2018
Seed$3.5M · 2021

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

Modeled valuation trajectory
$65.7M
Base estimate est.
$2.9M
Conservative case
$393.4M
Upside case
$17.7M
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 medical devices sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $36.5M · 2018-04-302018Pre-Seed · modeled $29.7M · 2018-09-28Seed · modeled $65.7M · 2021-06-302021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
36%
Survival probability
16% low · 56% high
1.59×/yr
Annual markup
2.09×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$1.7M/yr
Capital velocity
8.2 yr
On record since
2018
First round
3
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. 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) 2.1× above median
This company$5.3M
Sector median$2.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.8× above median
This company$3.5M
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 4.3× above median
This company$65.7M
Sector median$15.4M

Raised more than 69% of sector peers (real $). Modeled value above 81% 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 #7 of 23.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Gradian Diagnostics Inc · Seed Raised $3.1M · modeled $92.3M (est)Regent Surgical Health Intermediate Holdings, Inc. · Seed Raised $4.0M · modeled $86.5M (est)Caliber Imaging & Diagnostics, Inc. · Seed Raised $2.8M · modeled $82.6M (est)Dxterity Diagnostics Inc · Seed Raised $8.7M · modeled $77.0M (est)Sure Count Surgical, LLC · Seed Raised $2.5M · modeled $73.5M (est)Preventric Diagnostics, LLC · Seed Raised $2.3M · modeled $66.7M (est)Kahtnu Surgical, Inc. · Seed Raised $2.3M · modeled $63.8M (est)Surgical Suites of Coastal Virginia, LLC · Seed Raised $1.9M · modeled $56.6M (est)Alea Diagnostics, Inc. · Seed Raised $2.0M · modeled $56.3M (est)Biovision Diagnostics LLC · Seed Raised $2.3M · modeled $47.6M (est)Freedom For All Diagnostics, Inc. · Seed Raised $2.5M · modeled $41.8M (est)Kantum Diagnostics, Inc. (this company) Raised $5.3M · modeled $65.7M (est)Kantum Diagnostics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Gradian Diagnostics IncSeed$3.1M$92.3M2.21×
Regent Surgical Health Intermediate Holdings, Inc.Seed$4.0M$86.5M2.07×
Caliber Imaging & Diagnostics, Inc.Seed$2.8M$82.6M1.97×
Dxterity Diagnostics IncSeed$8.7M$77.0M1.84×
Sure Count Surgical, LLCSeed$2.5M$73.5M1.76×
Preventric Diagnostics, LLCSeed$2.3M$66.7M1.59×
Kantum Diagnostics, Inc. this companySeed$5.3M$65.7M1.57×
Kahtnu Surgical, Inc.Seed$2.3M$63.8M1.53×
Surgical Suites of Coastal Virginia, LLCSeed$1.9M$56.6M1.35×
Alea Diagnostics, Inc.Seed$2.0M$56.3M1.35×
Biovision Diagnostics LLCSeed$2.3M$47.6M1.14×
Freedom For All Diagnostics, Inc.Seed$2.5M$41.8M1.00×
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$989K2018-04-30$5.5M$36.5M90%
Pre-Seed$805K2018-09-28$4.5M$29.7M90%
Seed$3.5M2021-06-30$17.7M$65.7M90%
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$989K2018-04-30
    • First recorded raise — entered as Pre-Seed.
    • 26 investors on this round.
  2. Pre-Seed$805K2018-09-28
    • Came back fast: 5 mo vs the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  3. Seed$3.5M2021-06-30
    • Raised again after 33 mo — slower than the ~16 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 44 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~19mo cadence
$10.6M
Modeled next size est.range $6.9M$16.9M
4.4×
Last step-up
$1.7M/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
Andrea Franz3 other2018-09
Glenn Batchelder3 other2018-04
Thomas Needham3 other2021-06
Cory Wallenstein2021-06
Jean-Francois Carbonneau2018-04
Leileata Russo2018-04
Rachel Liberman2018-04
Sylvie Breton2018-04
Registry & provenance

Kantum Diagnostics, 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
1747673
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
Pace Surgical, Inc.Medical DevicesSeed$4.9M$3.4Msame sector · same stage
Sense Diagnostics, Inc.Medical DevicesSeed$4.7M$6.5Msame sector · same stage
Bluejay Diagnostics, Inc.Medical DevicesSeed$4.7M$25.4Msame sector · same stage
Empowered Diagnostics, LLCMedical DevicesSeed$4.7M$27.8Msame sector · same stage
Danbury Surgical Center LpMedical DevicesSeed$6.2M$690Ksame sector · same stage
Entvantage Diagnostics, Inc.Medical DevicesSeed$6.3M$15.3Msame sector · same stage
Persperion Diagnostics Inc.Medical DevicesSeed$4.4M$1.4Msame sector · same stage
Origami Surgical Inc.Medical DevicesSeed$6.8M$1.3Msame 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
Alea Diagnostics, Inc.Medical DevicesSeed$56.3M87%
Nanomedical Diagnostics, Inc.Medical DevicesSeries A$37.9M83%
EarliTec Diagnostics, Inc.Medical DevicesSeries B$159.7M83%
MBio Diagnostics, Inc.Medical DevicesSeries A$77.3M83%
Medite Cancer Diagnostics, Inc.Medical DevicesSeries A$21.0M83%
Led Medical Diagnostics IncMedical DevicesSeed$13.3M83%
Sense Diagnostics, Inc.Medical DevicesSeed$6.5M82%
Magnolia Diagnostics, LLCMedical DevicesPre-Seed$34.5M82%
Frequently asked
How much funding has Kantum Diagnostics, Inc. raised?
Kantum Diagnostics, Inc. has raised approximately $5.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Kantum Diagnostics, Inc.'s estimated valuation?
Provath's modeled valuation for Kantum Diagnostics, Inc. is approximately $65.7M (modeled range $2.9M–$393.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Kantum Diagnostics, Inc. at?
Kantum Diagnostics, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jun 30.
What does Kantum Diagnostics, Inc. do and where is it based?
Kantum Diagnostics, Inc. operates in the Medical Devices sector, based in CONCORD.
Explore related

See where Kantum Diagnostics, 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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