Companies · Other Health Care

Sarnova, Inc.

DUBLIN · Other Health Care

Diligence memoA one-page analyst read on Sarnova, Inc. — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
3
Rounds
1.0×
Latest step-up
Top 24%
Sector rank · raised
Series A
Latest stage · inferred · Mon Dec 21 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Sarnova, 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 0.08× the median modeled value of Series A Other Health Care companies in 2007–2009 (48 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.5 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

Sarnova, Inc. is one of 5376 Other Health Care companies tracked from DUBLIN. By capital raised it ranks in the upper tier (ahead of 77% of sector peers), and in the long tail 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$125M$250M$375M$500MSeries A · 2009-04-15 Raised $10M (real) Modeled valuation $202M (est)$10M$202MSeries A2009Series A · 2009-09-11 Raised $500K (real) Modeled valuation $10M (est)$500K$10MSeries A2009Series A · 2009-12-21 Raised $500K (real) Modeled valuation $10M (est)$500K$10MSeries A2009+$500K+$500KCumulative $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
Series A$10.0M · 2009
Series A extension$500K · 2009
Series A extension$500K · 2009

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$10.1M
Base estimate est.
$641K
Conservative case
$54.9M
Upside case
$2.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $201.8M · 2009-04-152009Series A · modeled $10.1M · 2009-09-11Series A · modeled $10.1M · 2009-12-212009
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.43×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
16.5 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$16.1M/yr
Capital velocity
17.2 yr
On record since
2009
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5376 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 Series A rounds in sector (real $, this stage) 0.1× of median
This company$500K
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$10.1M
Sector median$22.1M

Raised more than 77% of sector peers (real $). Modeled value above 34% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #48 of 48.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Dynova Laboratories Inc · Series A Raised $26.0M · modeled $302.7M (est)Vocollect Inc · Series A Raised $15.0M · modeled $302.7M (est)Salient Surgical Technologies, Inc. · Series A Raised $18.4M · modeled $302.7M (est)Orthohelix Surgical Design Inc · Series A Raised $23.4M · modeled $283.2M (est)CardioPolymers, Inc. · Series A Raised $13.6M · modeled $273.9M (est)Natural Dentist Inc · Series A Raised $12.6M · modeled $255.1M (est)Granite Investment Group · Series A Raised $12.5M · modeled $252.2M (est)Portaero, Inc · Series A Raised $11.8M · modeled $238.5M (est)Prematics Inc · Series A Raised $10.8M · modeled $217.7M (est)Replenish, Inc. · Series A Raised $10.2M · modeled $206.8M (est)Wellsense Technologies LLC · Series A Raised $9.2M · modeled $185.0M (est)Docusys Inc · Series A Raised $8.8M · modeled $178.4M (est)Sarnova, Inc. (this company) Raised $11.0M · modeled $10.1M (est)Sarnova, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dynova Laboratories IncSeries A$26.0M$302.7M2.42×
Vocollect IncSeries A$15.0M$302.7M2.42×
Salient Surgical Technologies, Inc.Series A$18.4M$302.7M2.42×
Orthohelix Surgical Design IncSeries A$23.4M$283.2M2.26×
CardioPolymers, Inc.Series A$13.6M$273.9M2.19×
Natural Dentist IncSeries A$12.6M$255.1M2.04×
Granite Investment GroupSeries A$12.5M$252.2M2.02×
Portaero, IncSeries A$11.8M$238.5M1.91×
Prematics IncSeries A$10.8M$217.7M1.74×
Replenish, Inc.Series A$10.2M$206.8M1.65×
Wellsense Technologies LLCSeries A$9.2M$185.0M1.48×
Docusys IncSeries A$8.8M$178.4M1.43×
Sarnova, Inc. this companySeries A$11.0M$10.1M0.08×
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.
Series A$10.0M2009-04-15$45.5M$201.8M90%
Series A$500K2009-09-11$2.3M$10.1M90%
Series A$500K2009-12-21$2.3M$10.1M90%
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. Series A$10.0M2009-04-15
    • First recorded raise — entered as Series A.
  2. Series A$500K2009-09-11
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 20.0× smaller than the prior — bridge or down round.
  3. Series A$500K2009-12-21
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2010 ~Q2
Modeled next raise · ~4mo cadence
$500K
Modeled next size est.range $500K$800K
1.0×
Last step-up
$16.1M/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
KEVIN SWAN2 other2009-04
Matthew A. Walter1 other2009-12
Craig T. Davenport2009-04
Daniel A. Connors2009-12
Daniel Connors2009-04
Danny L. Pister2009-04
Hank A. Struik2009-12
Hank Struik2009-09
Kevin A. Swan2009-12
Mark J. Dougherty2009-04
Matthew Walter2009-04
Robert A. Byers, Jr.2009-04
Timothy A. Dugan2009-04
Registry & provenance

Sarnova, 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
1437855
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
KFx Medical CorpOther Health CareSeries A$11.3M$10.1Msame sector · same stage
AUM Cardiovascular, Inc.Other Health CareSeries A$10.7M$11.5Msame sector · same stage
Razor Insights, LLCOther Health CareSeries A$11.3M$10.8Msame sector · same stage
Scyfix LlcOther Health CareSeries A$11.4M$10.1Msame sector · same stage
Sonarmd, Inc.Other Health CareSeries A$10.5M$8.0Msame sector · same stage
Smart For Life, Inc.Other Health CareSeries A$11.6M$8.4Msame sector · same stage
Vascular Designs IncOther Health CareSeries A$10.3M$9.1Msame sector · same stage
TNacity Blue Ocean, Inc.Other Health CareSeries A$10.0M$11.1Msame sector · same stage
Frequently asked
How much funding has Sarnova, Inc. raised?
Sarnova, Inc. has raised approximately $11.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Sarnova, Inc.'s estimated valuation?
Provath's modeled valuation for Sarnova, Inc. is approximately $10.1M (modeled range $641K–$54.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sarnova, Inc. at?
Sarnova, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Dec 21.
What does Sarnova, Inc. do and where is it based?
Sarnova, Inc. operates in the Other Health Care sector, based in DUBLIN.
Explore related

See where Sarnova, 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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