Companies · Other Health Care

Medical Device Innovations, Inc.

Carlsbad · Other Health Care

Diligence memoA one-page analyst read on Medical Device Innovations, Inc. — recommendation, valuation, rhythm, risks.
$1.2M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 64%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Nov 05 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Medical Device Innovations, 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 1.64× the median modeled value of Pre-Seed Other Health Care companies in 2010–2012 (351 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.7 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

Medical Device Innovations, Inc. is one of 5377 Other Health Care companies tracked from Carlsbad. By capital raised it ranks in the long tail (ahead of 37% of sector peers), and mid-pack 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$13M$25M$38M$50MPre-Seed · 2011-11-17 Raised $702K (real) Modeled valuation $22M (est)$702K$22MPre-Seed2011Pre-Seed · 2012-11-05 Raised $493K (real) Modeled valuation $15M (est)$493K$15MPre-Seed2012+$493KCumulative $1.2M

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$702K · 2011
Pre-Seed extension$493K · 2012

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

Modeled valuation trajectory
$15.2M
Base estimate est.
$309K
Conservative case
$172.3M
Upside case
$2.7M
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 health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $21.6M · 2011-11-172011Pre-Seed · modeled $15.2M · 2012-11-052012
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.64×/yr
Annual markup
2.23×/yr upside case
6.0 yr
Elapsed time used
13.7 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$1.2M/yr
Capital velocity
14.6 yr
On record since
2011
First round
2
Rounds on file
How it compares to the market

Benchmarked against 5377 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) 0.5× of median
This company$1.2M
Sector median$2.4M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.4× above median
This company$493K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$15.2M
Sector median$22.1M

Raised more than 37% of sector peers (real $). Modeled value above 42% 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 #125 of 351.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Chrysallis, Inc. · Pre-Seed Raised $1.7M · modeled $30.8M (est)RefillDRS, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Ageology LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Great Lakes Healthcare Fund I, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)CreateHealth, Inc. · Pre-Seed Raised $1.0M · modeled $30.8M (est)PHHC Investors II, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Eden Therapeutics Inc · Pre-Seed Raised $1.0M · modeled $30.8M (est)LiveHealthier, Inc. · Pre-Seed Raised $1.0M · modeled $30.8M (est)Health News Inc · Pre-Seed Raised $1.0M · modeled $30.8M (est)RxAlly, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Resuscitation International, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Integrated Medical Partners, LLC · Pre-Seed Raised $1.0M · modeled $30.8M (est)Medical Device Innovations, Inc. (this company) Raised $1.2M · modeled $15.2M (est)Medical Device Innovations, Inc.
CompanyStageRaised · realValue · estvs peer med.
Chrysallis, Inc.Pre-Seed$1.7M$30.8M3.33×
RefillDRS, LLCPre-Seed$1.0M$30.8M3.33×
Ageology LLCPre-Seed$1.0M$30.8M3.33×
Great Lakes Healthcare Fund I, LLCPre-Seed$1.0M$30.8M3.33×
CreateHealth, Inc.Pre-Seed$1.0M$30.8M3.33×
PHHC Investors II, LLCPre-Seed$1.0M$30.8M3.33×
Eden Therapeutics IncPre-Seed$1.0M$30.8M3.33×
LiveHealthier, Inc.Pre-Seed$1.0M$30.8M3.33×
Health News IncPre-Seed$1.0M$30.8M3.33×
RxAlly, LLCPre-Seed$1.0M$30.8M3.33×
Resuscitation International, LLCPre-Seed$1.0M$30.8M3.33×
Integrated Medical Partners, LLCPre-Seed$1.0M$30.8M3.33×
Medical Device Innovations, Inc. this companyPre-Seed$1.2M$15.2M1.64×
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$702K2011-11-17$3.9M$21.6M90%
Pre-Seed$493K2012-11-05$2.7M$15.2M90%
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$702K2011-11-17
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$493K2012-11-05
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q4
Modeled next raise · ~12mo cadence
$493K
Modeled next size est.range $493K$789K
0.7×
Last step-up
$1.2M/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
Kirk Nielsen12 other2012-11
Christopher Kunis2011-11
Douglas Hillier2011-11
John Shulze2011-11
Mike Dale2012-11
Registry & provenance

Medical Device Innovations, 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
1535598
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
CO3 Ventures, LLCOther Health CarePre-Seed$1.2M$17.9Msame sector · same stage
Ekt LlcOther Health CarePre-Seed$1.2M$17.3Msame sector · same stage
Physicians' Own Pharmacy, LLCOther Health CarePre-Seed$1.1M$14.6Msame sector · same stage
Hive LLCOther Health CarePre-Seed$1.3M$16.9Msame sector · same stage
TransCanna Holdings Inc.Other Health CarePre-Seed$1.1M$13.3Msame sector · same stage
Circadiance, LlcOther Health CarePre-Seed$1.3M$16.9Msame sector · same stage
Middle Valley Partners LLCOther Health CarePre-Seed$1.4M$16.6Msame sector · same stage
Quick Vault, Inc.Other Health CarePre-Seed$1.4M$16.9Msame sector · same stage
Frequently asked
How much funding has Medical Device Innovations, Inc. raised?
Medical Device Innovations, Inc. has raised approximately $1.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Medical Device Innovations, Inc.'s estimated valuation?
Provath's modeled valuation for Medical Device Innovations, Inc. is approximately $15.2M (modeled range $309K–$172.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Medical Device Innovations, Inc. at?
Medical Device Innovations, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Nov 05.
What does Medical Device Innovations, Inc. do and where is it based?
Medical Device Innovations, Inc. operates in the Other Health Care sector, based in Carlsbad.
Explore related

See where Medical Device Innovations, 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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