Companies · Software / Tech

MedMinder Systems, Inc.

NORWOOD · Software / Tech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on MedMinder Systems, Inc. — recommendation, valuation, rhythm, risks.
$62.2M
Total raised · real
9
Rounds
4.6×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Fri Apr 26 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

MedMinder Systems, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology 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 0.45× the median modeled value of Series B Software / Tech companies in 2022–2024 (174 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.2 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Software / Tech

MedMinder Systems, Inc. is one of 3920 Software / Tech companies tracked from NORWOOD. By capital raised it ranks among the largest (ahead of 92% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2024-04-26
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$250M$500M$750M$1.0BSeed · 2010-04-01 Raised $1.3M (real) Modeled valuation $43M (est)Seed2010Seed · 2012-03-07 Raised $850K (real) Modeled valuation $29M (est)Seed2012Seed · 2012-08-28 Raised $125K (real) Modeled valuation $4.3M (est)Seed2012Seed · 2016-08-02 Raised $1.4M (real) Modeled valuation $46M (est)Seed2016Pre-Seed · 2016-08-02 Raised $500K (real) Modeled valuation $21M (est)Pre-Seed2016Seed · 2017-11-08 Raised $610K (real) Modeled valuation $21M (est)Seed2017Series A · 2019-09-03 Raised $6.5M (real) Modeled valuation $180M (est)Series A2019Series B · 2021-03-05 Raised $30M (real) Modeled valuation $721M (est)Series B2021Series B · 2022-08-18 Raised $10M (real) Modeled valuation $144M (est)Series B2022Seed · 2024-04-26 Raised $2.5M (real) Modeled valuation $14M (est)Seed2024Series B · 2024-04-26 Raised $12M (real) Modeled valuation $92M (est)Series B2024Cumulative $65M

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$1.3M · 2010
Seed extension$850K · 2012
Seed extension$125K · 2012
Seed extension$1.4M · 2016
Bridge · Seed-stage$500K · 2016smaller follow-on
Seed extension$610K · 2017
Series A$6.5M · 2019
Series B$30.0M · 2021
Series B extension$10.0M · 2022
Bridge · Series B-stage$2.5M · 2024smaller follow-on
Series B extension$11.5M · 2024

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

Modeled valuation trajectory
$91.6M
Base estimate est.
$28.2M
Conservative case
$169.8M
Upside case
$63.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $43.1M · 2010-04-012010Seed · modeled $29.0M · 2012-03-07Seed · modeled $4.3M · 2012-08-28Seed · modeled $46.0M · 2016-08-02Pre-Seed · modeled $21.2M · 2016-08-02Seed · modeled $20.8M · 2017-11-08Series A · modeled $180.3M · 2019-09-03Series B · modeled $720.8M · 2021-03-05Series B · modeled $144.2M · 2022-08-18Seed · modeled $13.8M · 2024-04-26Series B · modeled $91.6M · 2024-04-262024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$4.4M/yr
Capital velocity
16.3 yr
On record since
2010
First round
11
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 14× above median
This company$62.2M
Sector median$4.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$11.5M
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 2.5× above median
This company$91.6M
Sector median$36.6M

Raised more than 92% of sector peers (real $). Modeled value above 70% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #147 of 174.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Argyle Systems Inc. · Series B Raised $36.7M · modeled $596.4M (est)Shoreline Software, Inc. · Series B Raised $57.0M · modeled $584.7M (est)ALICE Technologies, Inc. · Series B Raised $59.6M · modeled $545.1M (est)Tint Technologies Inc. · Series B Raised $29.6M · modeled $528.5M (est)Vanilla Technologies Inc. · Series B Raised $49.3M · modeled $496.8M (est)Red Team Software, LLC · Series B Raised $28.3M · modeled $494.6M (est)LongPath Technologies, Inc. · Series B Raised $39.8M · modeled $488.8M (est)SmartX Technology Solutions Inc. · Series B Raised $42.0M · modeled $488.6M (est)On Demand Technologies, Inc. · Series B Raised $54.9M · modeled $442.0M (est)Meow Technologies Inc. · Series B Raised $28.1M · modeled $440.3M (est)Paytient Technologies, Inc. · Series B Raised $53.9M · modeled $436.9M (est)Trunk Technologies, Inc. · Series B Raised $28.5M · modeled $429.9M (est)MedMinder Systems, Inc. (this company) Raised $62.2M · modeled $91.6M (est)MedMinder Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Argyle Systems Inc.Series B$36.7M$596.4M2.91×
Shoreline Software, Inc.Series B$57.0M$584.7M2.85×
ALICE Technologies, Inc.Series B$59.6M$545.1M2.66×
Tint Technologies Inc.Series B$29.6M$528.5M2.58×
Vanilla Technologies Inc.Series B$49.3M$496.8M2.42×
Red Team Software, LLCSeries B$28.3M$494.6M2.41×
LongPath Technologies, Inc.Series B$39.8M$488.8M2.38×
SmartX Technology Solutions Inc.Series B$42.0M$488.6M2.38×
On Demand Technologies, Inc.Series B$54.9M$442.0M2.15×
Meow Technologies Inc.Series B$28.1M$440.3M2.15×
Paytient Technologies, Inc.Series B$53.9M$436.9M2.13×
Trunk Technologies, Inc.Series B$28.5M$429.9M2.10×
MedMinder Systems, Inc. this companySeries B$62.2M$91.6M0.45×
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$1.3M2010-04-01$6.3M$43.1M85%
Seed$850K2012-03-07$4.3M$29.0M85%
Seed$125K2012-08-28$625K$4.3M85%
Seed$1.4M2016-08-02$6.8M$46.0M90%
Pre-Seed$500K2016-08-02$2.8M$21.2M85%
Seed$610K2017-11-08$3.1M$20.8M90%
Series A$6.5M2019-09-03$29.5M$180.3M90%
Series B$30.0M2021-03-05$166.7M$720.8M90%
Series B$10.0M2022-08-18$55.6M$144.2M90%
Seed$2.5M2024-04-26$12.5M$13.8M90%
Series B$11.5M2024-04-26$63.9M$91.6M90%
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$1.3M2010-04-01
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
  2. Seed$850K2012-03-07
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Seed$125K2012-08-28
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 6.8× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Seed$1.4M2016-08-02
    • Raised again after 47 mo — slower than the ~13 mo sector norm.
    • Round 10.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  5. Pre-Seed$500K2016-08-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Seed$610K2017-11-08
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  7. Series A$6.5M2019-09-03
    • Raised again after 22 mo — slower than the ~13 mo sector norm.
    • Round 10.7× larger than the prior — scaling up.
    • 8 investors on this round.
  8. Series B$30.0M2021-03-05
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 4.6× larger than the prior — scaling up.
    • 1 investor on this round.
  9. Series B$10.0M2022-08-18
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  10. Seed$2.5M2024-04-26
    • Raised again after 20 mo — slower than the ~13 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  11. Series B$11.5M2024-04-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.6× larger than the prior — scaling up.
    • 4 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~17mo cadence
$34.5M
Modeled next size est.range $22.4M$55.2M
4.6×
Last step-up
$4.4M/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
Daniel Cohen14 other2024-04
Sundar Subramaniam5 other2016-08
Uri Geiger5 other2021-03
David Shulkin4 other2021-03
Ben Dunn1 other2012-03
Frank Sheehy1 other2021-03
ALAN BURGOS2022-08
Eran Shavelsky2010-04
Hiram Samel2012-03
MICHAEL EDWARDS2022-08
MIKE NAPOLITANO2022-08
Mona Eliassen Taliaferro2010-04
Rafael Torgovicky2021-03
Robert Cartwright2021-03
SUSAN O'SHEA2022-08
TROY HILSENROTH2024-04
Vishu Jhaveri2012-08
WAYNE CAFRAN2022-08
William Gately2010-04
Registry & provenance

MedMinder 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
1488814
SEC CIK
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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
MedAware Systems, Inc.Software / TechSeed$22.4M85%
MCA Systems, Inc.Software / TechPre-Seed$17.6M84%
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MediCool Technologies, Inc.Software / TechPre-Seed$26.1M82%
Physician Software Systems, LLCSoftware / TechSeries A$28.8M82%
SomnoMed Technologies Inc.Software / TechPre-Seed$3.7M82%
InnSight Technology, Inc.Software / TechPre-Seed$1.4M81%
CAREMINDr CorpOther TechnologyPre-Seed$23.3M81%
Frequently asked
How much funding has MedMinder Systems, Inc. raised?
MedMinder Systems, Inc. has raised approximately $62.2M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is MedMinder Systems, Inc.'s estimated valuation?
Provath's modeled valuation for MedMinder Systems, Inc. is approximately $91.6M (modeled range $28.2M–$169.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MedMinder Systems, Inc. at?
MedMinder Systems, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Apr 26.
What does MedMinder Systems, Inc. do and where is it based?
MedMinder Systems, Inc. operates in the Software / Tech sector, based in NORWOOD.
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