Companies · Other Health Care

Palmaz Scientific Inc

DALLAS · Other Health Care

Diligence memoA one-page analyst read on Palmaz Scientific Inc — recommendation, valuation, rhythm, risks.
$75.0M
Total raised · real
9
Rounds
0.1×
Latest step-up
Top 6%
Sector rank · raised
Series B
Latest stage · inferred · Tue Sep 09 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Palmaz Scientific Inc looks under-valued 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 health care 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 0.07× the median modeled value of Series B Other Health Care companies in 2013–2015 (85 peers) — value vs value, same stage and era.
Dormant
  • Last raise 11.8 yr ago; this sector typically re-raises about every 14 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 Other Health Care

Palmaz Scientific Inc is one of 5377 Other Health Care companies tracked from DALLAS. By capital raised it ranks among the largest (ahead of 95% of sector peers), and mid-pack 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
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$1.0BPre-Seed · 2008-04-30 Raised $700K (real) Modeled valuation $22M (est)Pre-Seed2008Pre-Seed · 2009-12-01 Raised $800K (real) Modeled valuation $25M (est)Pre-Seed2009Pre-Seed · 2009-12-01 Raised $100K (real) Modeled valuation $3.1M (est)Pre-Seed2009Series A · 2010-11-29 Raised $12M (real) Modeled valuation $251M (est)Series A2010Series A · 2010-11-29 Raised $7.8M (real) Modeled valuation $157M (est)Series A2010Seed · 2010-11-29 Raised $2.5M (real) Modeled valuation $61M (est)Seed2010Series B · 2010-11-29 Raised $23M (real) Modeled valuation $510M (est)Series B2010Series B · 2010-11-29 Raised $26M (real) Modeled valuation $583M (est)Series B2010Series B · 2010-11-29 Raised $23M (real) Modeled valuation $510M (est)Series B2010Series B · 2014-09-09 Raised $1.3M (real) Modeled valuation $29M (est)Series B2014+$800K+$100K+$12M+$7.8M+$2.5M+$23M+$26M+$23M+$1.3MCumulative $98M

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$700K · 2008
Pre-Seed extension$800K · 2009
Pre-Seed extension$100K · 2009
Series A$12.5M · 2010no Seed on file
Series A extension$7.8M · 2010
Bridge · Series A-stage$2.5M · 2010smaller follow-on
Series B$23.0M · 2010
Series B extension$26.3M · 2010
Series B extension$23.0M · 2010
Series B extension$1.3M · 2014

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

Modeled valuation trajectory
$29.1M
Base estimate est.
$3.1M
Conservative case
$112.1M
Upside case
$7.3M
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 health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $21.6M · 2008-04-302008Pre-Seed · modeled $24.7M · 2009-12-01Pre-Seed · modeled $3.1M · 2009-12-01Series A · modeled $251.3M · 2010-11-29Series A · modeled $156.7M · 2010-11-29Seed · modeled $61.3M · 2010-11-29Series B · modeled $510.3M · 2010-11-29Series B · modeled $582.9M · 2010-11-29Series B · modeled $510.3M · 2010-11-29Series B · modeled $29.1M · 2014-09-092014
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
11.8 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$11.8M/yr
Capital velocity
18.2 yr
On record since
2008
First round
10
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 31× above median
This company$75.0M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$1.3M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$29.1M
Sector median$22.1M

Raised more than 95% of sector peers (real $). Modeled value above 57% 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 #83 of 85.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Drynachan, Llc · Series B Raised $40.0M · modeled $886.2M (est)Vistria SHC Holdings, LLC · Series B Raised $39.7M · modeled $879.5M (est)Ebh Holding Company, Inc. · Series B Raised $70.9M · modeled $871.1M (est)Orthopediatrics Corp · Series B Raised $57.5M · modeled $864.0M (est)Assurerx Health, Inc · Series B Raised $51.5M · modeled $828.4M (est)IMRIS Inc. · Series B Raised $36.8M · modeled $816.0M (est)Remedy Partners, Inc. · Series B Raised $56.4M · modeled $795.3M (est)Hansen Medical Inc · Series B Raised $126.0M · modeled $775.4M (est)BCOM Investment Partners, LLC · Series B Raised $34.5M · modeled $764.3M (est)Michigan Critical Care Consultants, Inc. · Series B Raised $34.0M · modeled $753.2M (est)HY Holdings, Inc. · Series B Raised $33.0M · modeled $731.1M (est)Medical Solutions L.L.C. · Series B Raised $32.5M · modeled $720.0M (est)Palmaz Scientific Inc (this company) Raised $75.0M · modeled $29.1M (est)Palmaz Scientific Inc
CompanyStageRaised · realValue · estvs peer med.
Drynachan, LlcSeries B$40.0M$886.2M2.00×
Vistria SHC Holdings, LLCSeries B$39.7M$879.5M1.99×
Ebh Holding Company, Inc.Series B$70.9M$871.1M1.97×
Orthopediatrics CorpSeries B$57.5M$864.0M1.95×
Assurerx Health, IncSeries B$51.5M$828.4M1.87×
IMRIS Inc.Series B$36.8M$816.0M1.84×
Remedy Partners, Inc.Series B$56.4M$795.3M1.79×
Hansen Medical IncSeries B$126.0M$775.4M1.75×
BCOM Investment Partners, LLCSeries B$34.5M$764.3M1.72×
Michigan Critical Care Consultants, Inc.Series B$34.0M$753.2M1.70×
HY Holdings, Inc.Series B$33.0M$731.1M1.65×
Medical Solutions L.L.C.Series B$32.5M$720.0M1.62×
Palmaz Scientific Inc this companySeries B$75.0M$29.1M0.07×
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$700K2008-04-30$3.9M$21.6M90%
Pre-Seed$800K2009-12-01$4.4M$24.7M90%
Pre-Seed$100K2009-12-01$556K$3.1M90%
Series A$12.5M2010-11-29$56.6M$251.3M90%
Series A$7.8M2010-11-29$35.3M$156.7M90%
Seed$2.5M2010-11-29$12.4M$61.3M90%
Series B$23.0M2010-11-29$128.0M$510.3M90%
Series B$26.3M2010-11-29$146.2M$582.9M90%
Series B$23.0M2010-11-29$128.0M$510.3M90%
Series B$1.3M2014-09-09$7.3M$29.1M90%
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$700K2008-04-30
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$800K2009-12-01
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  3. Pre-Seed$100K2009-12-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.0× smaller than the prior — bridge or down round.
  4. Series A$12.5M2010-11-29
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 124.5× larger than the prior — scaling up.
  5. Series A$7.8M2010-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  6. Seed$2.5M2010-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× smaller than the prior — bridge or down round.
  7. Series B$23.0M2010-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 9.3× larger than the prior — scaling up.
  8. Series B$26.3M2010-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  9. Series B$23.0M2010-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  10. Series B$1.3M2014-09-09
    • Raised again after 45 mo — slower than the ~14 mo sector norm.
    • Round 17.5× smaller than the prior — bridge or down round.
Intelligence
2015 ~Q2
Modeled next raise · ~8mo cadence
$1.3M
Modeled next size est.range $1.3M$2.1M
0.1×
Last step-up
$11.8M/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
Christopher Banas1 other2008-04
Christopher C Banas2009-12
Eugene A Sprague2014-09
Julio C Palmaz2008-04
Philip C Romano2009-12
Philip Romano2008-04
Steven B Solomon2008-04
Registry & provenance

Palmaz Scientific 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
1432568
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
Javara Inc.Other Health CareSeries B$59.7M$33.2Msame sector · same stage
Spinal Kinetics IncOther Health CareSeries B$53.7M$28.4Msame sector · same stage
Orthosensor, IncOther Health CareSeries B$112.8M$30.0Msame sector · same stage
Klowen Braces, Inc.Other Health CareSeries B$44.0M$31.9Msame sector · same stage
Bionik Laboratories Corp.Other Health CareSeries B$41.3M$27.7Msame sector · same stage
IRC Parent, Inc.Other Health CareSeries B$40.5M$31.3Msame sector · same stage
Vynca, Inc.Other Health CareSeries B$37.9M$31.5Msame sector · same stage
Mentis Holdings, LLCOther Health CareSeries B$35.8M$28.8Msame sector · same stage
Frequently asked
How much funding has Palmaz Scientific Inc raised?
Palmaz Scientific Inc has raised approximately $75.0M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Palmaz Scientific Inc's estimated valuation?
Provath's modeled valuation for Palmaz Scientific Inc is approximately $29.1M (modeled range $3.1M–$112.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Palmaz Scientific Inc at?
Palmaz Scientific Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Sep 09.
What does Palmaz Scientific Inc do and where is it based?
Palmaz Scientific Inc operates in the Other Health Care sector, based in DALLAS.
Explore related

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