Companies · Healthtech

Sift Medical Data, Inc.

MILWAUKEE · Healthtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Sift Medical Data, Inc. — recommendation, valuation, rhythm, risks.
$30.7M
Total raised · real
5
Rounds
3.0×
Latest step-up
Top 15%
Sector rank · raised
Series B
Latest stage · inferred · Mon Apr 29 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Sift Medical Data, Inc. looks fair against its niche peers and is quiet 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 0.87× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
  • Within the normal band (87% of peer median) for its niche.
Quiet
  • Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector 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 Healthtech

Sift Medical Data, Inc. is one of 2138 Healthtech companies tracked from MILWAUKEE. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and in the upper tier 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
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
19
Investors (latest)
2024-04-29
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$50M$100M$150M$200MPre-Seed · 2018-07-28 Raised $625K (real) Modeled valuation $22M (est)Pre-Seed2018Pre-Seed · 2020-07-07 Raised $745K (real) Modeled valuation $25M (est)Pre-Seed2020Pre-Seed · 2020-07-07 Raised $237K (real) Modeled valuation $8.1M (est)Pre-Seed2020Seed · 2021-04-14 Raised $2.6M (real) Modeled valuation $50M (est)Seed2021Series A · 2022-07-11 Raised $4.8M (real) Modeled valuation $50M (est)Series A2022Series A · 2022-07-11 Raised $6.8M (real) Modeled valuation $71M (est)Series A2022Series B · 2024-04-29 Raised $20M (real) Modeled valuation $143M (est)Series B2024+$745K+$237K+$2.6M+$4.8M+$6.8M+$20MCumulative $36M

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$625K · 2018
Pre-Seed extension$745K · 2020
Pre-Seed extension$237K · 2020
Seed$2.6M · 2021
Series A$4.8M · 2022
Series A extension$6.8M · 2022
Series B$20.0M · 2024

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

Modeled valuation trajectory
$143.5M
Base estimate est.
$47.0M
Conservative case
$265.3M
Upside case
$111.1M
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.

Pre-Seed · modeled $21.5M · 2018-07-282018Pre-Seed · modeled $25.5M · 2020-07-07Pre-Seed · modeled $8.1M · 2020-07-07Seed · modeled $50.1M · 2021-04-14Series A · modeled $49.9M · 2022-07-11Series A · modeled $70.9M · 2022-07-11Series B · modeled $143.5M · 2024-04-292024
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
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$5.3M/yr
Capital velocity
7.9 yr
On record since
2018
First round
7
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) 6.9× above median
This company$30.7M
Sector median$4.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$20.0M
Sector median$18.3M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$143.5M
Sector median$33.8M

Raised more than 86% of sector peers (real $). Modeled value above 82% 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 #61 of 98.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Casana Care, Inc. · Series B Raised $56.4M · modeled $607.4M (est)Mendel Health Inc. · Series B Raised $52.7M · modeled $570.4M (est)Bicycle Health Inc. · Series B Raised $61.4M · modeled $492.2M (est)Brave Health, Inc. · Series B Raised $38.6M · modeled $485.3M (est)Flume Health, Inc. · Series B Raised $35.9M · modeled $445.6M (est)Healthy America, LLC · Series B Raised $31.0M · modeled $435.5M (est)Moxe Health Corp · Series B Raised $34.8M · modeled $403.8M (est)Kintsugi Mindful Wellness, Inc. · Series B Raised $25.0M · modeled $370.1M (est)Invoq Health, Inc. · Series B Raised $41.5M · modeled $362.2M (est)Folx Health, Inc. · Series B Raised $59.3M · modeled $355.4M (est)Recuro Health, Inc. · Series B Raised $44.2M · modeled $339.7M (est)Orchard Healthcare, Inc. · Series B Raised $34.8M · modeled $338.6M (est)Sift Medical Data, Inc. (this company) Raised $30.7M · modeled $143.5M (est)Sift Medical Data, Inc.
CompanyStageRaised · realValue · estvs peer med.
Casana Care, Inc.Series B$56.4M$607.4M3.68×
Mendel Health Inc.Series B$52.7M$570.4M3.45×
Bicycle Health Inc.Series B$61.4M$492.2M2.98×
Brave Health, Inc.Series B$38.6M$485.3M2.94×
Flume Health, Inc.Series B$35.9M$445.6M2.70×
Healthy America, LLCSeries B$31.0M$435.5M2.64×
Moxe Health CorpSeries B$34.8M$403.8M2.45×
Kintsugi Mindful Wellness, Inc.Series B$25.0M$370.1M2.24×
Invoq Health, Inc.Series B$41.5M$362.2M2.19×
Folx Health, Inc.Series B$59.3M$355.4M2.15×
Recuro Health, Inc.Series B$44.2M$339.7M2.06×
Orchard Healthcare, Inc.Series B$34.8M$338.6M2.05×
Sift Medical Data, Inc. this companySeries B$30.7M$143.5M0.87×
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$625K2018-07-28$3.5M$21.5M90%
Pre-Seed$745K2020-07-07$4.1M$25.5M90%
Pre-Seed$237K2020-07-07$1.3M$8.1M90%
Seed$2.6M2021-04-14$12.9M$50.1M90%
Series A$4.8M2022-07-11$21.6M$49.9M90%
Series A$6.8M2022-07-11$30.7M$70.9M90%
Series B$20.0M2024-04-29$111.1M$143.5M90%
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. Pre-Seed$625K2018-07-28
    • First recorded raise — entered as Pre-Seed.
    • 8 investors on this round.
  2. Pre-Seed$745K2020-07-07
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  3. Pre-Seed$237K2020-07-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Seed$2.6M2021-04-14
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 10.9× larger than the prior — scaling up.
    • 16 investors on this round.
  5. Series A$4.8M2022-07-11
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $1M–$5M.
    • 12 investors on this round.
  6. Series A$6.8M2022-07-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 13 investors on this round.
  7. Series B$20.0M2024-04-29
    • Raised again after 22 mo — slower than the ~14 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~12mo cadence
$59.3M
Modeled next size est.range $38.5M$94.8M
3.0×
Last step-up
$5.3M/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
Jonathan Phillips13 other2024-04
Andrew Walker6 other2018-07
Adam Seabrook4 other2024-04
Kenneth Cunningham3 other2018-07
Arvind Subramanian1 other2020-07
Kurt Brenkus1 other2018-07
Marc Kiven1 other2018-07
Jefferson DeAngelis2018-07
Justin Nicols2018-07
McIlwraith John2022-07
Robert Hoyler2018-07
Virgil Bistriceanu2018-07
Registry & provenance

Sift Medical Data, 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
1750024
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
Conversio Health, LLCHealthtechSeries B$39.0M$157.9Mnetwork1 shared operator · same sector · same stage
Charta Health, Inc.HealthtechSeries B$30.1M$148.7Msame sector · same stage
BrightSpring Health Services, Inc.HealthtechSeries B$30.0M$192.6Msame sector · same stage
Puzzle Medical Devices Inc.HealthtechSeries B$30.0M$168.5Msame sector · same stage
Mending Health, Inc.HealthtechSeries B$31.5M$88.5Msame sector · same stage
Health Precision Inc.HealthtechSeries B$29.8M$98.9Msame sector · same stage
Layer Health, Inc.HealthtechSeries B$29.5M$172.1Msame sector · same stage
Owlet Baby Care Inc.HealthtechSeries B$29.5M$145.4Msame 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
Medical Informatics Corp.HealthtechSeries B$29.2M85%
Medsense Health, Inc.HealthtechSeries A$24.0M85%
Siftwell Analytics, Inc.Software / TechSeries A$11.5M84%
Lucem Health, Inc.HealthtechSeries A$21.8M84%
Electronic Health Record Data, Inc.HealthtechSeed$33.3M84%
Sift Security, Inc.CybersecuritySeed$116.1M84%
Digital Medical Tech, Inc.HealthtechSeed$82.0M84%
Healthfinch, Inc.HealthtechSeries A$129.6M83%
Frequently asked
How much funding has Sift Medical Data, Inc. raised?
Sift Medical Data, Inc. has raised approximately $30.7M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Sift Medical Data, Inc.'s estimated valuation?
Provath's modeled valuation for Sift Medical Data, Inc. is approximately $143.5M (modeled range $47.0M–$265.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sift Medical Data, Inc. at?
Sift Medical Data, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Apr 29.
What does Sift Medical Data, Inc. do and where is it based?
Sift Medical Data, Inc. operates in the Healthtech sector, based in MILWAUKEE.
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