Companies · Healthtech

Sanara MedTech Inc.

FORT WORTH · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Sanara MedTech Inc. — recommendation, valuation, rhythm, risks.
$35.1M
Total raised · real
5
Rounds
0.2×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Tue Aug 01 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Sanara MedTech Inc. looks under-valued 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 healthtech 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 0.17× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.9 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 Healthtech

Sanara MedTech Inc. is one of 2138 Healthtech companies tracked from FORT WORTH. By capital raised it ranks in the upper tier (ahead of 87% 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
1
Investors (latest)
2023-08-01
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$125M$250M$375M$500MSeed · 2021-01-18 Raised $1.1M (real) Modeled valuation $23M (est)$1.1M$23MSeed2021Seed · 2021-07-14 Raised $500K (real) Modeled valuation $8.7M (est)$500K$8.7MSeed2021Series A · 2022-04-04 Raised $14M (real) Modeled valuation $169M (est)$14M$169MSeries A2022Series B · 2022-07-01 Raised $16M (real) Modeled valuation $208M (est)$16M$208MSeries B2022Series B · 2023-08-01 Raised $3.0M (real) Modeled valuation $27M (est)$3.0M$27MSeries B2023+$500K+$14M+$16M+$3.0MCumulative $35M

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$1.1M · 2021
Seed extension$500K · 2021
Series A$14.5M · 2022
Series B$16.0M · 2022
Series B extension$3.0M · 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: 75%.

Modeled valuation trajectory
$27.4M
Base estimate est.
$7.0M
Conservative case
$58.5M
Upside case
$16.7M
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 healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $23.2M · 2021-01-182021Seed · modeled $8.7M · 2021-07-14Series A · modeled $168.8M · 2022-04-04Series B · modeled $207.7M · 2022-07-01Series B · modeled $27.4M · 2023-08-012023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.38×/yr
Annual markup
1.67×/yr upside case
2.9 yr
Elapsed time used
2.9 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$13.8M/yr
Capital velocity
5.5 yr
On record since
2021
First round
5
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) 7.9× above median
This company$35.1M
Sector median$4.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.2× of median
This company$3.0M
Sector median$18.3M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$27.4M
Sector median$33.8M

Raised more than 87% of sector peers (real $). Modeled value above 50% 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 #90 of 98.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Casana Care, Inc. · Series B Raised $56.4M · modeled $608.0M (est)Mendel Health Inc. · Series B Raised $52.7M · modeled $570.9M (est)Bicycle Health Inc. · Series B Raised $61.4M · modeled $492.6M (est)Brave Health, Inc. · Series B Raised $38.6M · modeled $485.7M (est)Flume Health, Inc. · Series B Raised $35.9M · modeled $446.0M (est)Healthy America, LLC · Series B Raised $31.0M · modeled $435.9M (est)Moxe Health Corp · Series B Raised $34.8M · modeled $404.2M (est)Kintsugi Mindful Wellness, Inc. · Series B Raised $25.0M · modeled $370.4M (est)Invoq Health, Inc. · Series B Raised $41.5M · modeled $362.5M (est)Folx Health, Inc. · Series B Raised $59.3M · modeled $355.7M (est)Recuro Health, Inc. · Series B Raised $44.2M · modeled $340.0M (est)Orchard Healthcare, Inc. · Series B Raised $34.8M · modeled $338.9M (est)Sanara MedTech Inc. (this company) Raised $35.1M · modeled $27.4M (est)Sanara MedTech Inc.
CompanyStageRaised · realValue · estvs peer med.
Casana Care, Inc.Series B$56.4M$608.0M3.68×
Mendel Health Inc.Series B$52.7M$570.9M3.45×
Bicycle Health Inc.Series B$61.4M$492.6M2.98×
Brave Health, Inc.Series B$38.6M$485.7M2.94×
Flume Health, Inc.Series B$35.9M$446.0M2.70×
Healthy America, LLCSeries B$31.0M$435.9M2.64×
Moxe Health CorpSeries B$34.8M$404.2M2.45×
Kintsugi Mindful Wellness, Inc.Series B$25.0M$370.4M2.24×
Invoq Health, Inc.Series B$41.5M$362.5M2.19×
Folx Health, Inc.Series B$59.3M$355.7M2.15×
Recuro Health, Inc.Series B$44.2M$340.0M2.06×
Orchard Healthcare, Inc.Series B$34.8M$338.9M2.05×
Sanara MedTech Inc. this companySeries B$35.1M$27.4M0.17×
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$1.1M2021-01-18$5.3M$23.2M90%
Seed$500K2021-07-14$2.5M$8.7M90%
Series A$14.5M2022-04-04$65.9M$168.8M90%
Series B$16.0M2022-07-01$88.9M$207.7M90%
Series B$3.0M2023-08-01$16.7M$27.4M90%
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$1.1M2021-01-18
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
  2. Seed$500K2021-07-14
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series A$14.5M2022-04-04
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 29.0× larger than the prior — scaling up.
    • 46 investors on this round.
  4. Series B$16.0M2022-07-01
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  5. Series B$3.0M2023-08-01
    • Raised 13 mo later, in step with the ~14 mo sector norm.
    • Round 5.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~8mo cadence
$3.0M
Modeled next size est.range $3.0M$4.8M
0.2×
Last step-up
$13.8M/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
Ann Beal Salamone2021-07
Ann Michael Salamone2021-01
Christopher A. Morrison2021-07
Eric D. Major2023-08
Eric D. Tanzberger2022-04
James Michael Stuckert2021-01
James W. Stuckert2021-07
J. Michael Carmena2021-01
Kenneth E. Thorpe2021-07
Kenneth Michael Thorpe2021-01
Michael D. McNeil2021-07
Michael Michael McNeil2021-01
Rebecca E. McMahon2022-04
Robert A. DeSutter2021-07
Robert Michael DeSutter2021-01
Ronald Michael Nixon2021-01
Ronald T. Nixon2021-07
Roszell A. Mack III2022-04
Sara A. Ortwein2021-07
Sara Michael Ortwein2021-01
Sara N. Ortwein2022-04
Shawn M. Bowman2021-07
Shawn Michael Bowman2021-01
Zachary B. Fleming2021-07
Registry & provenance

Sanara MedTech 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
714256
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
Vanna Health, Inc.HealthtechSeries B$35.0M$25.4Msame sector · same stage
Jet Health, Inc.HealthtechSeries B$38.9M$29.3Msame sector · same stage
Medical Informatics Corp.HealthtechSeries B$31.5M$29.2Msame sector · same stage
Curio Wellness CorpHealthtechSeries B$30.7M$21.2Msame sector · same stage
Care.Stat!, Inc.HealthtechSeries B$41.9M$25.7Msame sector · same stage
Octave Health Group, Inc.HealthtechSeries B$27.4M$38.8Msame sector · same stage
Chronus Health, Inc.HealthtechSeries B$26.6M$17.3Msame sector · same stage
Salvo Health, Inc.HealthtechSeries B$24.5M$40.0Msame 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
Sana Health, Inc.HealthtechSeries A$128.9M90%
Enara Health, Inc.HealthtechSeries A$24.2M86%
Stimdia Medical Inc.HealthtechSeries B$212.3M83%
AngelEye Health, Inc.HealthtechSeries A$11.4M83%
MedTech Exchange, Inc.HealthtechSeries A$56.6M83%
Koha Health, LLCHealthtechPre-Seed$9.5M82%
St. Teresa Medical, Inc.HealthtechSeries A$44.9M82%
SRA Health, Inc.HealthtechSeed$6.8M82%
Frequently asked
How much funding has Sanara MedTech Inc. raised?
Sanara MedTech Inc. has raised approximately $35.1M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Sanara MedTech Inc.'s estimated valuation?
Provath's modeled valuation for Sanara MedTech Inc. is approximately $27.4M (modeled range $7.0M–$58.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sanara MedTech Inc. at?
Sanara MedTech Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Aug 01.
What does Sanara MedTech Inc. do and where is it based?
Sanara MedTech Inc. operates in the Healthtech sector, based in FORT WORTH.
Explore related

See where Sanara MedTech 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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