Diligence memo · auto-generated · as of July 2, 2026
Sanara MedTech Inc.
Sanara MedTech Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Sanara MedTech Inc. operates in Healthtech, based in FORT WORTH.
Sub-sector tags: healthtech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sanara MedTech Inc. has raised $35M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2022-07-01.
Most recent recorded round closed around 2023-08-01.
Valuation (modeled)modeled
Provath models Sanara MedTech Inc. at approximately $27M (range $7.0M–$58M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.17× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
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.
The last round was 5.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 87% of Healthtech peers (2138 compared).
Modeled value ranks above 50% of those peers.
Closest niche peers: Casana Care, Inc., Mendel Health Inc., Bicycle Health Inc., Brave Health, Inc., Flume Health, Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.