Companies · Other Health Care

Precision Optics Corporation, Inc.

GARDNER · Other Health Care

Diligence memoA one-page analyst read on Precision Optics Corporation, Inc. — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
9
Rounds
10.1×
Latest step-up
Top 24%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 20 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Precision Optics Corporation, Inc. looks fair against its niche peers and is at-risk 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.

Fair
  • Modeled value is 1.45× the median modeled value of Seed Other Health Care companies in 2022–2024 (244 peers) — value vs value, same stage and era.
  • Within the normal band (145% of peer median) for its niche.
At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Precision Optics Corporation, Inc. is one of 5377 Other Health Care companies tracked from GARDNER. By capital raised it ranks in the upper tier (ahead of 77% 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
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
8
Investors (latest)
2023-06-20
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$100MSeed · 2012-09-28 Raised $2.5M (real) Modeled valuation $62M (est)Seed2012Seed · 2014-07-01 Raised $1.0M (real) Modeled valuation $26M (est)Seed2014Seed · 2015-10-19 Raised $700K (real) Modeled valuation $17M (est)Seed2015Seed · 2016-11-22 Raised $800K (real) Modeled valuation $20M (est)Seed2016Seed · 2017-08-22 Raised $250K (real) Modeled valuation $6.2M (est)Seed2017Seed · 2018-10-16 Raised $2.0M (real) Modeled valuation $50M (est)Seed2018Seed · 2019-07-01 Raised $950K (real) Modeled valuation $24M (est)Seed2019Seed · 2020-04-14 Raised $250K (real) Modeled valuation $6.2M (est)Seed2020Seed · 2023-06-20 Raised $2.5M (real) Modeled valuation $17M (est)Seed2023+$1.0M+$700K+$800K+$250K+$2.0M+$950K+$250K+$2.5MCumulative $11M

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
Seed$2.5M · 2012
Seed extension$1.0M · 2014
Seed extension$700K · 2015
Seed extension$800K · 2016
Seed extension$250K · 2017
Seed extension$2.0M · 2018
Seed extension$950K · 2019
Seed extension$250K · 2020
Seed extension$2.5M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$17.5M
Base estimate est.
$2.1M
Conservative case
$61.4M
Upside case
$12.6M
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 health care sector profile. Directional, not a quoted figure.

Seed · modeled $62.0M · 2012-09-282012Seed · modeled $25.5M · 2014-07-01Seed · modeled $17.3M · 2015-10-19Seed · modeled $19.8M · 2016-11-22Seed · modeled $6.2M · 2017-08-22Seed · modeled $49.6M · 2018-10-16Seed · modeled $23.5M · 2019-07-01Seed · modeled $6.2M · 2020-04-14Seed · modeled $17.5M · 2023-06-202023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.54×/yr
Annual markup
2.01×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$1.0M/yr
Capital velocity
13.8 yr
On record since
2012
First round
9
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) 4.5× above median
This company$11.0M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.5× above median
This company$2.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$17.5M
Sector median$22.1M

Raised more than 77% of sector peers (real $). Modeled value above 45% 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 #74 of 244.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Elmntri LLC · Seed Raised $4.0M · modeled $46.1M (est)Atreo, Inc. · Seed Raised $3.8M · modeled $42.1M (est)descendantsDNA, Inc. · Seed Raised $3.4M · modeled $40.8M (est)Westover Project Investor LLC · Seed Raised $4.0M · modeled $40.0M (est)Dentulu Inc · Seed Raised $6.4M · modeled $37.7M (est)Emmacare.com LLC · Seed Raised $3.0M · modeled $37.2M (est)IR-Med, Inc. · Seed Raised $5.4M · modeled $37.0M (est)SDH Parent 2 LLC · Seed Raised $3.0M · modeled $36.7M (est)TecTraum, Inc. · Seed Raised $7.8M · modeled $36.7M (est)DBN BCS II Investments, LLC · Seed Raised $3.0M · modeled $34.0M (est)USRC Baldwin Hills, LLC · Seed Raised $2.8M · modeled $34.0M (est)Flex Operating Room, Inc. · Seed Raised $6.2M · modeled $31.9M (est)Precision Optics Corporation, Inc. (this company) Raised $11.0M · modeled $17.5M (est)Precision Optics Corporation, Inc.
CompanyStageRaised · realValue · estvs peer med.
Elmntri LLCSeed$4.0M$46.1M3.83×
Atreo, Inc.Seed$3.8M$42.1M3.50×
descendantsDNA, Inc.Seed$3.4M$40.8M3.40×
Westover Project Investor LLCSeed$4.0M$40.0M3.33×
Dentulu IncSeed$6.4M$37.7M3.13×
Emmacare.com LLCSeed$3.0M$37.2M3.10×
IR-Med, Inc.Seed$5.4M$37.0M3.08×
SDH Parent 2 LLCSeed$3.0M$36.7M3.05×
TecTraum, Inc.Seed$7.8M$36.7M3.05×
DBN BCS II Investments, LLCSeed$3.0M$34.0M2.83×
USRC Baldwin Hills, LLCSeed$2.8M$34.0M2.82×
Flex Operating Room, Inc.Seed$6.2M$31.9M2.65×
Precision Optics Corporation, Inc. this companySeed$11.0M$17.5M1.45×
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.
Seed$2.5M2012-09-28$12.5M$62.0M85%
Seed$1.0M2014-07-01$5.2M$25.5M85%
Seed$700K2015-10-19$3.5M$17.3M85%
Seed$800K2016-11-22$4.0M$19.8M90%
Seed$250K2017-08-22$1.3M$6.2M90%
Seed$2.0M2018-10-16$10.0M$49.6M90%
Seed$950K2019-07-01$4.8M$23.5M90%
Seed$250K2020-04-14$1.3M$6.2M90%
Seed$2.5M2023-06-20$12.6M$17.5M90%
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. Seed$2.5M2012-09-28
    • First recorded raise — entered as Seed.
    • 35 investors on this round.
  2. Seed$1.0M2014-07-01
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  3. Seed$700K2015-10-19
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  4. Seed$800K2016-11-22
    • Raised 13 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 7 investors on this round.
  5. Seed$250K2017-08-22
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  6. Seed$2.0M2018-10-16
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 8.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 5 investors on this round.
  7. Seed$950K2019-07-01
    • Raised 8 mo later, in step with the ~14 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  8. Seed$250K2020-04-14
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
    • Revenue band moved $1M–$5M → $5M–$25M.
    • 5 investors on this round.
  9. Seed$2.5M2023-06-20
    • Raised again after 38 mo — slower than the ~14 mo sector norm.
    • Round 10.1× larger than the prior — scaling up.
    • 8 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~16mo cadence
$7.6M
Modeled next size est.range $4.9M$12.1M
10.1×
Last step-up
$1.0M/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
Peter H. Woodward1 other2014-07
Andrew J. Miclot2016-11
Daniel S Habhegger2020-04
Donald A. Major2012-09
Donald Andrew Major2014-07
Jack P. Dreimiller2012-09
Joel R. Pitlor2012-09
Joseph N. Forkey2012-09
Joseph Norman Forkey2014-07
Kenneth S. Schwartz2015-10
Kenneth S. Schwartz, MD2014-07
Mahesh Norman Lawande2023-06
Peter V. Anania2023-06
Richard B. Miles2012-09
Richard E. Forkey2012-09
Wayne M. Coll2023-06
Registry & provenance

Precision Optics Corporation, 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
867840
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
CirculoGene Theranostics, LLCOther Health CareSeed$10.9M$15.6Msame sector · same stage
StartBox LLCOther Health CareSeed$10.5M$19.9Msame sector · same stage
Entrada, Inc.Other Health CareSeed$10.5M$18.6Msame sector · same stage
Nephros IncOther Health CareSeed$12.0M$19.2Msame sector · same stage
Green Sun Holdings, LLCOther Health CareSeed$7.6M$19.3Msame sector · same stage
Cx Precision Medicine, Inc.Other Health CareSeed$7.0M$17.9Msame sector · same stage
Acesis, IncOther Health CareSeed$6.4M$16.5Msame sector · same stage
Endoclear LLCOther Health CareSeed$6.4M$19.4Msame 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
Precision Holdings USA, Inc.Other Health CarePre-Seed$5.3M92%
Precision Medicine Group Holdings, Inc.Other Health CareSeries C$671.1M91%
Precision Virologics, Inc.Other Health CarePre-Seed$15.4M91%
Precision Image Analysis, Inc.Other Health CareSeed$60.6M91%
Precision Imaging, LLCOther Health CarePre-Seed$902K91%
Precision Healing Inc.Other Health CarePre-Seed$23.7M90%
Precision Neuroscience CorpOther Health CareSeries C$713.2M89%
PreciseDx, Inc.Other Health CareSeries B$55.7M88%
Frequently asked
How much funding has Precision Optics Corporation, Inc. raised?
Precision Optics Corporation, Inc. has raised approximately $11.0M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Precision Optics Corporation, Inc.'s estimated valuation?
Provath's modeled valuation for Precision Optics Corporation, Inc. is approximately $17.5M (modeled range $2.1M–$61.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Precision Optics Corporation, Inc. at?
Precision Optics Corporation, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 20.
What does Precision Optics Corporation, Inc. do and where is it based?
Precision Optics Corporation, Inc. operates in the Other Health Care sector, based in GARDNER.
Explore related

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

Is this your company?

If you work at Precision Optics Corporation, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.