Diligence memo · auto-generated · as of July 3, 2026
Novasys Medical Inc
Novasys Medical Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Novasys Medical Inc operates in Other Health Care, based in NEWARK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Novasys Medical Inc has raised $49M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $43M on 2009-07-15.
Most recent recorded round closed around 2012-08-15.
Valuation (modeled)modeled
Provath models Novasys Medical Inc at approximately $90M (range $14M–$237M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.08× the median modeled value of Series C Other Health Care companies in 2010–2012 (24 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 13.9 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Other Health Care peers (5377 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Castlight Health, Inc., Msd Parent Corp., Pentec Healthcare Infusions, Inc., OraPharma Topco Holdings, Inc., Cameron Health, Inc..
Peoplefiled
11 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.