Companies · Healthtech

Patient Identification Platform, Inc.

ROCHESTER · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Patient Identification Platform, Inc. — recommendation, valuation, rhythm, risks.
$2.2M
Total raised · real
1
Rounds
1.7×
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Thu Sep 24 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Patient Identification Platform, 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 healthtech 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 1.00× the median modeled value of Seed Healthtech companies in 2013–2015 (5 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 10.8 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Healthtech

Patient Identification Platform, Inc. is one of 2138 Healthtech companies tracked from ROCHESTER. By capital raised it ranks mid-pack (ahead of 40% 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.

healthtech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
26
Investors (latest)
2014
Year incorporated
2015-09-24
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$25M$50M$75M$100MPre-Seed · 2015-09-24 Raised $280K (real) Modeled valuation $9.7M (est)$280K$9.7MPre-Seed2015Pre-Seed · 2015-09-24 Raised $821K (real) Modeled valuation $28M (est)$821K$28MPre-Seed2015Seed · 2015-09-24 Raised $1.3M (real) Modeled valuation $37M (est)$1.3M$37MSeed2015Seed · 2015-09-24 Raised $2.2M (real) Modeled valuation $61M (est)$2.2M$61MSeed2015+$821K+$1.3M+$2.2MCumulative $4.6M

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$280K · 2015
Pre-Seed extension$821K · 2015
Seed$1.3M · 2015
Seed extension$2.2M · 2015

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

Modeled valuation trajectory
$60.9M
Base estimate est.
$1.9M
Conservative case
$478.2M
Upside case
$11.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $9.7M · 2015-09-242015Pre-Seed · modeled $28.3M · 2015-09-24Seed · modeled $36.6M · 2015-09-24Seed · modeled $60.9M · 2015-09-242015
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.57×/yr
Annual markup
2.05×/yr upside case
6.0 yr
Elapsed time used
10.8 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
10.8 yr
On record since
2015
First round
4
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 0.5× of median
This company$2.2M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.1× above median
This company$2.2M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.8× above median
This company$60.9M
Sector median$33.8M

Raised more than 40% of sector peers (real $). Modeled value above 67% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #3 of 5.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Leo Health, Inc. · Seed Raised $2.5M · modeled $69.3M (est)PhotoSonix Medical, Inc. · Seed Raised $2.4M · modeled $66.3M (est)Ciel Medical, Inc. · Seed Raised $2.1M · modeled $38.5M (est)Infina Connect Healthcare Systems, Inc. · Seed Raised $4.3M · modeled $17.6M (est)Patient Identification Platform, Inc. (this company) Raised $2.2M · modeled $60.9M (est)Patient Identification Platform, Inc.
CompanyStageRaised · realValue · estvs peer med.
Leo Health, Inc.Seed$2.5M$69.3M1.14×
PhotoSonix Medical, Inc.Seed$2.4M$66.3M1.09×
Patient Identification Platform, Inc. this companySeed$2.2M$60.9M1.00×
Ciel Medical, Inc.Seed$2.1M$38.5M0.63×
Infina Connect Healthcare Systems, Inc.Seed$4.3M$17.6M0.29×
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$280K2015-09-24$1.6M$9.7M85%
Pre-Seed$821K2015-09-24$4.6M$28.3M85%
Seed$1.3M2015-09-24$6.6M$36.6M85%
Seed$2.2M2015-09-24$11.0M$60.9M90%
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$280K2015-09-24
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$821K2015-09-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× larger than the prior — scaling up.
    • 13 investors on this round.
  3. Seed$1.3M2015-09-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
    • 21 investors on this round.
  4. Seed$2.2M2015-09-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 26 investors on this round.
Intelligence
Modeled next raise
$3.7M
Modeled next size est.range $2.4M$5.9M
1.7×
Last step-up
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
Michael Margiotta1 other2015-09
Registry & provenance

Patient Identification Platform, 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
1655101
SEC CIK
2014
Incorporated
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
SenseAI Health, Inc.HealthtechSeed$2.2M$45.4Msame sector · same stage
Medical City Surgery Center of Lewisville, LLCHealthtechSeed$2.2M$61.5Msame sector · same stage
HighFive Dental Holdco, LLCHealthtechSeed$2.2M$60.3Msame sector · same stage
Sentinel Healthcare CorpHealthtechSeed$2.2M$59.8Msame sector · same stage
Medical Outcomes Research Analysis, LLCHealthtechSeed$2.1M$59.6Msame sector · same stage
Connexion Health LLCHealthtechSeed$2.3M$62.4Msame sector · same stage
Summit Health Partners, LLCHealthtechSeed$2.1M$59.3Msame sector · same stage
Cadence Care, LLCHealthtechSeed$2.3M$50.7Msame 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
Health Platforms, Inc.HealthtechSeries A$112.9M85%
Patient Discovery Solutions, Inc.HealthtechSeed$6.9M84%
Platform Innovations Inc.Software / TechSeed$3.4M83%
Health Platforms Group, Inc.HealthtechSeries A$11.3M83%
PATIENT CoHealthtechSeed$22.4M82%
Patient Pattern, Inc.HealthtechPre-Seed$13.5M82%
Real Patient Solutions, Inc.HealthtechPre-Seed$14.4M81%
Life Detection Technologies, Inc.Software / TechSeed$5.1M80%
Frequently asked
How much funding has Patient Identification Platform, Inc. raised?
Patient Identification Platform, Inc. has raised approximately $2.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Patient Identification Platform, Inc.'s estimated valuation?
Provath's modeled valuation for Patient Identification Platform, Inc. is approximately $60.9M (modeled range $1.9M–$478.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Patient Identification Platform, Inc. at?
Patient Identification Platform, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Sep 24.
What does Patient Identification Platform, Inc. do and where is it based?
Patient Identification Platform, Inc. operates in the Healthtech sector, based in ROCHESTER.
Explore related

See where Patient Identification Platform, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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