Diligence memo · auto-generated · as of July 2, 2026
NovaTract Surgical, Inc.
NovaTract Surgical, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
NovaTract Surgical, Inc. operates in Other Health Care, based in MADISON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NovaTract Surgical, Inc. has raised $4.9M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.2M on 2012-05-31.
Most recent recorded round closed around 2015-02-10.
Valuation (modeled)modeled
Provath models NovaTract Surgical, Inc. at approximately $15M (range $508K–$117M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.35× the median modeled value of Seed Other Health Care companies in 2013–2015 (251 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 11.4 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 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 63% of Other Health Care peers (5377 compared).
Modeled value ranks above 41% of those peers.
Closest niche peers: RightCare Solutions, Inc., Vios Medical, Inc., HealthEdge Investors DD Holdings, LLC, Center at Northridge, LLC, Fresenius Medical Care NKDHC, LLC.
Peoplefiled
10 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.