Companies · Medical Devices

Navigate Surgical Technologies Inc.

VANCOUVER · Medical Devices · refined from filed group “Other

Diligence memoA one-page analyst read on Navigate Surgical Technologies Inc. — recommendation, valuation, rhythm, risks.
$3.3M
Total raised · real
10
Rounds
0.3×
Latest step-up
Top 39%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Mar 21 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Navigate Surgical Technologies Inc. looks fair 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.

Fair
  • Modeled value is 1.37× the median modeled value of Pre-Seed Medical Devices companies in 2022–2024 (29 peers) — value vs value, same stage and era.
  • Within the normal band (137% of peer median) for its niche.
Dormant
  • Last raise 4.3 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

Navigate Surgical Technologies Inc. is one of 233 Medical Devices companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 62% 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.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022-03-21
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 · 2015-10-27 Raised $151K (real) Modeled valuation $5.6M (est)Pre-Seed2015Pre-Seed · 2016-03-02 Raised $106K (real) Modeled valuation $3.9M (est)Pre-Seed2016Pre-Seed · 2017-12-22 Raised $641K (real) Modeled valuation $24M (est)Pre-Seed2017Pre-Seed · 2018-04-26 Raised $170K (real) Modeled valuation $6.3M (est)Pre-Seed2018Pre-Seed · 2018-05-07 Raised $102K (real) Modeled valuation $3.8M (est)Pre-Seed2018Pre-Seed · 2019-04-30 Raised $108K (real) Modeled valuation $4.0M (est)Pre-Seed2019Pre-Seed · 2019-08-08 Raised $100K (real) Modeled valuation $3.7M (est)Pre-Seed2019Pre-Seed · 2020-12-09 Raised $821K (real) Modeled valuation $24M (est)Pre-Seed2020Pre-Seed · 2021-07-21 Raised $864K (real) Modeled valuation $18M (est)Pre-Seed2021Pre-Seed · 2021-07-21 Raised $848K (real) Modeled valuation $18M (est)Pre-Seed2021Pre-Seed · 2022-03-21 Raised $260K (real) Modeled valuation $3.8M (est)Pre-Seed2022Cumulative $4.2M

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$151K · 2015
Pre-Seed extension$106K · 2016
Pre-Seed extension$641K · 2017
Pre-Seed extension$170K · 2018
Pre-Seed extension$102K · 2018
Pre-Seed extension$108K · 2019
Pre-Seed extension$100K · 2019
Pre-Seed extension$821K · 2020
Pre-Seed extension$864K · 2021
Pre-Seed extension$848K · 2021
Pre-Seed extension$260K · 2022

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

Modeled valuation trajectory
$3.8M
Base estimate est.
$156K
Conservative case
$25.8M
Upside case
$1.4M
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 medical devices sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $5.6M · 2015-10-272015Pre-Seed · modeled $3.9M · 2016-03-02Pre-Seed · modeled $23.6M · 2017-12-22Pre-Seed · modeled $6.3M · 2018-04-26Pre-Seed · modeled $3.8M · 2018-05-07Pre-Seed · modeled $4.0M · 2019-04-30Pre-Seed · modeled $3.7M · 2019-08-08Pre-Seed · modeled $23.9M · 2020-12-09Pre-Seed · modeled $18.2M · 2021-07-21Pre-Seed · modeled $17.8M · 2021-07-21Pre-Seed · modeled $3.8M · 2022-03-212022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.71×/yr
Annual markup
2.31×/yr upside case
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$519K/yr
Capital velocity
10.7 yr
On record since
2015
First round
11
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) 1.3× above median
This company$3.3M
Sector median$2.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.9× of median
This company$260K
Sector median$296K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$3.8M
Sector median$15.4M

Raised more than 62% of sector peers (real $). Modeled value above 35% 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 #8 of 29.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Turbett Surgical, Inc. · Pre-Seed Raised $1.0M · modeled $15.6M (est)Owensboro Ambulatory Surgical Facility Ltd · Pre-Seed Raised $1.9M · modeled $10.8M (est)Seashore Surgical Institute, L.L.C. · Pre-Seed Raised $1.4M · modeled $10.0M (est)Hera Diagnostics Corp · Pre-Seed Raised $898K · modeled $9.3M (est)Hawkeye Surgical Lighting · Pre-Seed Raised $750K · modeled $8.2M (est)LIBERTAS Implant Solutions, LLC · Pre-Seed Raised $750K · modeled $5.2M (est)KMD Surgical Solutions, Inc. · Pre-Seed Raised $625K · modeled $3.8M (est)Covira Surgical, Inc. · Pre-Seed Raised $275K · modeled $3.5M (est)Remedy Diagnostics LLC · Pre-Seed Raised $345K · modeled $3.2M (est)Wavely Diagnostics, Inc. · Pre-Seed Raised $258K · modeled $3.2M (est)Wilson Creek Surgical Center, LLC · Pre-Seed Raised $819K · modeled $3.2M (est)Navigate Surgical Technologies Inc. (this company) Raised $3.3M · modeled $3.8M (est)Navigate Surgical Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
Turbett Surgical, Inc.Pre-Seed$1.0M$15.6M5.56×
Owensboro Ambulatory Surgical Facility LtdPre-Seed$1.9M$10.8M3.85×
Seashore Surgical Institute, L.L.C.Pre-Seed$1.4M$10.0M3.55×
Hera Diagnostics CorpPre-Seed$898K$9.3M3.30×
Hawkeye Surgical LightingPre-Seed$750K$8.2M2.93×
LIBERTAS Implant Solutions, LLCPre-Seed$750K$5.2M1.84×
KMD Surgical Solutions, Inc.Pre-Seed$625K$3.8M1.37×
Navigate Surgical Technologies Inc. this companyPre-Seed$3.3M$3.8M1.37×
Covira Surgical, Inc.Pre-Seed$275K$3.5M1.25×
Remedy Diagnostics LLCPre-Seed$345K$3.2M1.15×
Wavely Diagnostics, Inc.Pre-Seed$258K$3.2M1.13×
Wilson Creek Surgical Center, LLCPre-Seed$819K$3.2M1.13×
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$151K2015-10-27$839K$5.6M85%
Pre-Seed$106K2016-03-02$589K$3.9M85%
Pre-Seed$641K2017-12-22$3.6M$23.6M90%
Pre-Seed$170K2018-04-26$944K$6.3M90%
Pre-Seed$102K2018-05-07$567K$3.8M90%
Pre-Seed$108K2019-04-30$600K$4.0M90%
Pre-Seed$100K2019-08-08$556K$3.7M90%
Pre-Seed$821K2020-12-09$4.6M$23.9M90%
Pre-Seed$864K2021-07-21$4.8M$18.2M90%
Pre-Seed$848K2021-07-21$4.7M$17.8M90%
Pre-Seed$260K2022-03-21$1.4M$3.8M90%
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$151K2015-10-27
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$106K2016-03-02
    • Came back fast: 4 mo vs the ~16 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$641K2017-12-22
    • Raised 22 mo later, in step with the ~16 mo sector norm.
    • Round 6.1× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Pre-Seed$170K2018-04-26
    • Came back fast: 4 mo vs the ~16 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  5. Pre-Seed$102K2018-05-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Pre-Seed$108K2019-04-30
    • Raised 12 mo later, in step with the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  7. Pre-Seed$100K2019-08-08
    • Came back fast: 3 mo vs the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  8. Pre-Seed$821K2020-12-09
    • Raised 16 mo later, in step with the ~16 mo sector norm.
    • Round 8.2× larger than the prior — scaling up.
    • 2 investors on this round.
  9. Pre-Seed$864K2021-07-21
    • Came back fast: 7 mo vs the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  10. Pre-Seed$848K2021-07-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  11. Pre-Seed$260K2022-03-21
    • Came back fast: 8 mo vs the ~16 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~8mo cadence
$260K
Modeled next size est.range $260K$416K
0.3×
Last step-up
$519K/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
Robert Mayer3 other2018-05
Michael Crane2 other2018-05
Jon Schubert1 other2018-05
Marty Dymek1 other2018-05
Donald Leier2018-05
DONALD R LEIER2015-10
EHUD YOSEPH DAON2015-10
Geoffery R. Auchinleck2017-12
Geoffrey Auckinleck2018-05
Geoffrey R. Auchinleck2018-04
GEOF R AUCHINLECK2015-10
Joel Alain Steinberg2017-12
Joel Steinberg2018-05
JOEL YOSEPH STEINBERG2015-10
JON R SCHUBERT2015-10
Kevin Alain Dureau2018-04
Kevin Dureau2018-05
Kevin John Dureau2017-12
Lian Alain Li2019-04
Markus Alain Franiek2017-12
Markus Franiek2018-05
Marty Alain Dymek2018-04
Marty John Dymek2019-04
MICHAEL R CRANE2015-10
Registry & provenance

Navigate Surgical Technologies 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
1657412
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
Surgical Center Of South Jersey LpMedical DevicesPre-Seed$2.8M$1.7Msame sector · same stage
Western Connecticut Orthopedic Surgical Center, LLCMedical DevicesPre-Seed$2.1M$276Ksame sector · same stage
Surgical Care Partners of Melbourne, LLCMedical DevicesPre-Seed$1.9M$1.9Msame sector · same stage
Owensboro Ambulatory Surgical Facility LtdMedical DevicesPre-Seed$1.9M$10.8Msame sector · same stage
IC Surgical, Inc.Medical DevicesPre-Seed$1.8M$5.5Msame sector · same stage
Specialty Surgical Center, LLC/NJMedical DevicesPre-Seed$1.7M$1.6Msame sector · same stage
Augustine Surgical, Inc.Medical DevicesPre-Seed$1.5M$36.9Msame sector · same stage
Spinal Surgical Strategies, Inc.Medical DevicesPre-Seed$1.4M$23.4Msame 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
ExplORer Surgical Corp.Medical DevicesSeries A$45.9M88%
Surgical Safety Technologies Inc.Medical DevicesSeries B$70.3M87%
New View Surgical, Inc.Medical DevicesSeries A$70.8M85%
Surgical Information Sciences, Inc.Medical DevicesSeed$27.4M84%
Expert Medical Navigation, Inc.HealthtechPre-Seed$3.6M84%
Surgical Safety Scanner, Inc.Medical DevicesSeries A$34.9M84%
IC Surgical, Inc.Medical DevicesPre-Seed$5.5M84%
Surgical Innovation Associates Inc.Medical DevicesSeries A$86.9M83%
Frequently asked
How much funding has Navigate Surgical Technologies Inc. raised?
Navigate Surgical Technologies Inc. has raised approximately $3.3M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Navigate Surgical Technologies Inc.'s estimated valuation?
Provath's modeled valuation for Navigate Surgical Technologies Inc. is approximately $3.8M (modeled range $156K–$25.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Navigate Surgical Technologies Inc. at?
Navigate Surgical Technologies Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Mar 21.
What does Navigate Surgical Technologies Inc. do and where is it based?
Navigate Surgical Technologies Inc. operates in the Medical Devices sector, based in VANCOUVER.
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