Diligence memo · auto-generated · as of July 2, 2026
Medsphere Systems Corp
Medsphere Systems Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Medsphere Systems Corp operates in Other Technology, based in Carlsbad.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Medsphere Systems Corp has raised $44M in disclosed capital across 10 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $15M on 2016-06-30.
Most recent recorded round closed around 2016-06-30.
Valuation (modeled)modeled
Provath models Medsphere Systems Corp at approximately $466M (range $37M–$1.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.79× the median modeled value of Series B Other Technology companies in 2016–2018 (314 peers) — value vs value, same stage and era. Within the normal band (79% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 10.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 95.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Other Technology peers (21302 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Certified Inc., Universal Recognition Token, Inc., Pymetrics, Inc., Anomali Inc, Docutech Transfer, LLC.
Peoplefiled
19 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.