Companies · Biotechnology

Martell Diagnostic Laboratories, Inc.

Roseville · Biotechnology

Diligence memoA one-page analyst read on Martell Diagnostic Laboratories, Inc. — recommendation, valuation, rhythm, risks.
$565K
Total raised · real
2
Rounds
0.5×
Latest step-up
Top 89%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Jul 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Martell Diagnostic Laboratories, 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 biotech 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 0.38× the median modeled value of Pre-Seed Biotechnology companies in 2019–2021 (156 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.0 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 Biotechnology

Martell Diagnostic Laboratories, Inc. is one of 4293 Biotechnology companies tracked from Roseville. By capital raised it ranks in the long tail (ahead of 12% 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
1
Investors (latest)
2021-07-01
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$13M$25M$38M$50MPre-Seed · 2018-06-07 Raised $365K (real) Modeled valuation $20M (est)$365K$20MPre-Seed2018Pre-Seed · 2021-07-01 Raised $200K (real) Modeled valuation $5.9M (est)$200K$5.9MPre-Seed2021+$200KCumulative $565K

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$365K · 2018
Pre-Seed extension$200K · 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
$5.9M
Base estimate est.
$107K
Conservative case
$49.8M
Upside case
$1.1M
Modeled post-money

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

Pre-Seed · modeled $20.2M · 2018-06-072018Pre-Seed · modeled $5.9M · 2021-07-012021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
24%
Survival probability
10% low · 44% high
1.86×/yr
Annual markup
2.52×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
37 mo
Avg between rounds
$184K/yr
Capital velocity
8.1 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. 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) 0.1× of median
This company$565K
Sector median$7.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$200K
Sector median$412K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$5.9M
Sector median$64.2M

Raised more than 12% of sector peers (real $). Modeled value above 12% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #134 of 156.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Crimson BioPharm Inc. · Pre-Seed Raised $1.0M · modeled $55.2M (est)Pinpoint Therapeutics Inc. · Pre-Seed Raised $1.0M · modeled $55.2M (est)Transplant Logistics & Informatics Llc · Pre-Seed Raised $1.0M · modeled $55.2M (est)RNAissance AG LLC · Pre-Seed Raised $990K · modeled $54.7M (est)Pylum Biosciences, Inc. · Pre-Seed Raised $990K · modeled $54.7M (est)NanoTomer, Inc. · Pre-Seed Raised $950K · modeled $52.4M (est)Morphogenyx Inc · Pre-Seed Raised $4.0M · modeled $51.0M (est)Ntxbio, Llc · Pre-Seed Raised $1.9M · modeled $50.5M (est)Oncospace, Inc. · Pre-Seed Raised $900K · modeled $49.7M (est)Cerflux, Inc. · Pre-Seed Raised $880K · modeled $48.6M (est)KDx Diagnostics, Inc. · Pre-Seed Raised $1.7M · modeled $45.3M (est)Sensorygen, Inc. · Pre-Seed Raised $814K · modeled $44.9M (est)Martell Diagnostic Laboratories, Inc. (this company) Raised $565K · modeled $5.9M (est)Martell Diagnostic Laboratories, Inc.
CompanyStageRaised · realValue · estvs peer med.
Crimson BioPharm Inc.Pre-Seed$1.0M$55.2M3.54×
Pinpoint Therapeutics Inc.Pre-Seed$1.0M$55.2M3.54×
Transplant Logistics & Informatics LlcPre-Seed$1.0M$55.2M3.54×
RNAissance AG LLCPre-Seed$990K$54.7M3.51×
Pylum Biosciences, Inc.Pre-Seed$990K$54.7M3.51×
NanoTomer, Inc.Pre-Seed$950K$52.4M3.36×
Morphogenyx IncPre-Seed$4.0M$51.0M3.27×
Ntxbio, LlcPre-Seed$1.9M$50.5M3.24×
Oncospace, Inc.Pre-Seed$900K$49.7M3.19×
Cerflux, Inc.Pre-Seed$880K$48.6M3.12×
KDx Diagnostics, Inc.Pre-Seed$1.7M$45.3M2.90×
Sensorygen, Inc.Pre-Seed$814K$44.9M2.88×
Martell Diagnostic Laboratories, Inc. this companyPre-Seed$565K$5.9M0.38×
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$365K2018-06-07$2.0M$20.2M90%
Pre-Seed$200K2021-07-01$1.1M$5.9M90%
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. Pre-Seed$365K2018-06-07
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$200K2021-07-01
    • Raised again after 37 mo — slower than the ~14 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q3
Modeled next raise · ~37mo cadence
$200K
Modeled next size est.range $200K$320K
0.5×
Last step-up
$184K/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 Macdonald4 other2021-07
Linda Hall2 other2021-07
Arkadiusz Roy Dudek2018-06
Arkadiusz Z. Dudek2021-07
Franklin Pass2018-06
Frank Roy McEvoy2018-06
John Roy MacDonald2018-06
Mark Greene2021-07
Mark Roy Greene2018-06
Michelle Edwards2021-07
Steven P. Stoesz2018-06
Steven Stoesz2021-07
Registry & provenance

Martell Diagnostic Laboratories, 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
1452916
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
Quadric BioMed, LLCBiotechnologyPre-Seed$550K$6.4Msame sector · same stage
Microstructure Imaging, Inc.BiotechnologyPre-Seed$590K$4.8Msame sector · same stage
Celerpurus IncBiotechnologyPre-Seed$525K$3.2Msame sector · same stage
NanoSpot.ai, Inc.BiotechnologyPre-Seed$625K$5.2Msame sector · same stage
Carcinotech Ltd.BiotechnologyPre-Seed$508K$3.3Msame sector · same stage
PD Theranostics, Inc.BiotechnologyPre-Seed$508K$5.6Msame sector · same stage
Utopia Group, LlcBiotechnologyPre-Seed$629K$7.1Msame sector · same stage
Cardinal Morrisville Biotech LLCBiotechnologyPre-Seed$500K$7.1Msame 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
Forte Biosciences, Inc.BiotechnologySeries B$771.4M86%
Fisher Wallace Laboratories, Inc.BiotechnologySeries A$16.6M86%
Arsenal Biosciences, Inc.BiotechnologySeries D+$3.5B86%
Palladio Biosciences, Inc.BiotechnologySeries B$1.0B85%
Shoreline Biosciences, Inc.BiotechnologySeries D+$3.7B85%
Arcellx, Inc.BiotechnologySeries D+$1.8B85%
BrainXell, Inc.BiotechnologySeries A$274.5M85%
Micell Technologies IncBiotechnologySeries C$2.5B84%
Frequently asked
How much funding has Martell Diagnostic Laboratories, Inc. raised?
Martell Diagnostic Laboratories, Inc. has raised approximately $565K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Martell Diagnostic Laboratories, Inc.'s estimated valuation?
Provath's modeled valuation for Martell Diagnostic Laboratories, Inc. is approximately $5.9M (modeled range $107K–$49.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Martell Diagnostic Laboratories, Inc. at?
Martell Diagnostic Laboratories, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Jul 01.
What does Martell Diagnostic Laboratories, Inc. do and where is it based?
Martell Diagnostic Laboratories, Inc. operates in the Biotechnology sector, based in Roseville.
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