Companies · Other Health Care

Sonarmed Inc

Carmel · Other Health Care

Diligence memoA one-page analyst read on Sonarmed Inc — recommendation, valuation, rhythm, risks.
$9.1M
Total raised · real
7
Rounds
2.9×
Latest step-up
Top 27%
Sector rank · raised
Seed
Latest stage · inferred · Thu May 04 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Sonarmed Inc looks fair 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.

Fair
  • Modeled value is 1.39× the median modeled value of Seed Other Health Care companies in 2016–2018 (222 peers) — value vs value, same stage and era.
  • Within the normal band (139% of peer median) for its niche.
Dormant
  • Last raise 9.2 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

Sonarmed Inc is one of 5376 Other Health Care companies tracked from Carmel. By capital raised it ranks in the upper tier (ahead of 74% 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
Rule 506(b)
Reg D exemption
40
Investors (latest)
2017-05-04
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 · 2010-08-30 Raised $1.0M (real) Modeled valuation $25M (est)Seed2010Seed · 2010-08-30 Raised $1.2M (real) Modeled valuation $30M (est)Seed2010Seed · 2011-08-16 Raised $100K (real) Modeled valuation $2.5M (est)Seed2011Seed · 2012-05-25 Raised $585K (real) Modeled valuation $14M (est)Seed2012Seed · 2014-04-23 Raised $2.6M (real) Modeled valuation $65M (est)Seed2014Seed · 2014-12-24 Raised $1.3M (real) Modeled valuation $32M (est)Seed2014Seed · 2016-07-15 Raised $861K (real) Modeled valuation $21M (est)Seed2016Seed · 2017-05-04 Raised $2.5M (real) Modeled valuation $62M (est)Seed2017+$1.2M+$100K+$585K+$2.6M+$1.3M+$861K+$2.5MCumulative $10M

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$1.0M · 2010
Seed extension$1.2M · 2010
Seed extension$100K · 2011
Seed extension$585K · 2012
Seed extension$2.6M · 2014
Seed extension$1.3M · 2014
Seed extension$861K · 2016
Seed extension$2.5M · 2017

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
$61.5M
Base estimate est.
$2.1M
Conservative case
$482.8M
Upside case
$12.4M
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 $25.5M · 2010-08-302010Seed · modeled $30.0M · 2010-08-30Seed · modeled $2.5M · 2011-08-16Seed · modeled $14.5M · 2012-05-25Seed · modeled $65.0M · 2014-04-23Seed · modeled $31.8M · 2014-12-24Seed · modeled $21.3M · 2016-07-15Seed · modeled $61.5M · 2017-05-042017
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
6.0 yr
Elapsed time used
9.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$1.4M/yr
Capital velocity
15.8 yr
On record since
2010
First round
8
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) 3.8× above median
This company$9.1M
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) 2.8× above median
This company$61.5M
Sector median$22.1M

Raised more than 74% of sector peers (real $). Modeled value above 70% 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 #67 of 222.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Eye Academy of America Ltd. · Seed Raised $4.0M · modeled $99.1M (est)Guest House Holdings, LLC · Seed Raised $4.0M · modeled $99.1M (est)Cb Therapeutics Inc. · Seed Raised $4.0M · modeled $99.1M (est)Ruddco Inc. · Seed Raised $4.0M · modeled $99.1M (est)Shift Sciences, LLC · Seed Raised $4.0M · modeled $98.6M (est)BHCP OK4 HH/H Investors, LLC · Seed Raised $4.0M · modeled $97.9M (est)ReNovo, Inc. · Seed Raised $4.0M · modeled $97.9M (est)CCRC of Lenexa, LLC · Seed Raised $3.9M · modeled $97.6M (est)Nocira, Llc · Seed Raised $3.9M · modeled $96.7M (est)PureFlowCath, LLC · Seed Raised $3.8M · modeled $94.6M (est)Prevent Biometrics, Inc. · Seed Raised $4.2M · modeled $94.2M (est)Medal, Inc. · Seed Raised $3.8M · modeled $93.6M (est)Sonarmed Inc (this company) Raised $9.1M · modeled $61.5M (est)Sonarmed Inc
CompanyStageRaised · realValue · estvs peer med.
Eye Academy of America Ltd.Seed$4.0M$99.1M2.23×
Guest House Holdings, LLCSeed$4.0M$99.1M2.23×
Cb Therapeutics Inc.Seed$4.0M$99.1M2.23×
Ruddco Inc.Seed$4.0M$99.1M2.23×
Shift Sciences, LLCSeed$4.0M$98.6M2.22×
BHCP OK4 HH/H Investors, LLCSeed$4.0M$97.9M2.21×
ReNovo, Inc.Seed$4.0M$97.9M2.21×
CCRC of Lenexa, LLCSeed$3.9M$97.6M2.20×
Nocira, LlcSeed$3.9M$96.7M2.18×
PureFlowCath, LLCSeed$3.8M$94.6M2.13×
Prevent Biometrics, Inc.Seed$4.2M$94.2M2.12×
Medal, Inc.Seed$3.8M$93.6M2.11×
Sonarmed Inc this companySeed$9.1M$61.5M1.39×
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$1.0M2010-08-30$5.1M$25.5M85%
Seed$1.2M2010-08-30$6.1M$30.0M85%
Seed$100K2011-08-16$500K$2.5M85%
Seed$585K2012-05-25$2.9M$14.5M85%
Seed$2.6M2014-04-23$13.1M$65.0M85%
Seed$1.3M2014-12-24$6.4M$31.8M85%
Seed$861K2016-07-15$4.3M$21.3M85%
Seed$2.5M2017-05-04$12.4M$61.5M90%
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$1.0M2010-08-30
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
  2. Seed$1.2M2010-08-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  3. Seed$100K2011-08-16
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 12.1× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  4. Seed$585K2012-05-25
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 5.8× larger than the prior — scaling up.
    • 15 investors on this round.
  5. Seed$2.6M2014-04-23
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 20 investors on this round.
  6. Seed$1.3M2014-12-24
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 25 investors on this round.
  7. Seed$861K2016-07-15
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 51 investors on this round.
  8. Seed$2.5M2017-05-04
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 40 investors on this round.
Intelligence
2018 ~Q2
Modeled next raise · ~11mo cadence
$7.2M
Modeled next size est.range $4.7M$11.4M
2.9×
Last step-up
$1.4M/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
Ken Green6 other2012-05
Oscar Moralez5 other2012-05
Andrew D. Cothrel2 other2010-08
Nora Doherty2 other2012-05
David Gunn1 other2012-05
David Wortman1 other2012-05
James Tyree1 other2012-05
Mark E. Leyerle1 other2017-05
Mark Leyerle1 other2016-07
Tom Bumgardner1 other2012-05
David D. Wortman2010-08
Eduardo Juan2012-05
James D. Tyree2011-08
James E Tyree2017-05
Jane D. Martin2010-08
Jeff Mansfield2012-05
Jeffrey D. Mansfield2010-08
Ken D. Green2011-08
Laura Lyons2012-05
Nora D. Doherty2010-08
Oscar D. Moralez2011-08
Oscar E Moralez2017-05
Pat Horner2014-12
Robert Knorr2014-12
Registry & provenance

Sonarmed 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
1336360
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
Forest Devices, Inc.Other Health CareSeed$7.6M$7.6Mnetwork1 shared operator · same sector · same stage
NovoSource, Inc.Other Health CareSeed$4.1M$45.6Mnetwork1 shared operator · same sector · same stage
GeoH, Inc.Other TechnologySeed$3.9M$15.5Mnetwork2 shared operators · same stage
Diagnotes, Inc.Other TechnologySeed$3.7M$8.5Mnetwork2 shared operators · same stage
Adhezion Biomedical LlcOther Health CareSeed$10.1M$60.1Msame sector · same stage
Vioptix IncOther Health CareSeed$8.2M$70.1Msame sector · same stage
Lifevantage CorpOther Health CareSeed$7.6M$65.3Msame sector · same stage
Guided Therapeutics IncOther Health CareSeed$11.1M$62.0Msame 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
Sonarmd, Inc.Other Health CareSeries A$8.0M97%
Sonara Health, Inc.HealthtechSeries A$28.3M91%
Audio Bionics International Inc.Other Health CarePre-Seed$30.8M85%
BioMedx Group, Inc.Other Health CarePre-Seed$14.0M84%
EchoPixel, Inc.Other Health CareSeries A$121.1M84%
PhysioLogic Devices, Inc.Other Health CareSeed$74.4M84%
HeartBeam, Inc.Other Health CarePre-Seed$6.2M83%
Waveguide CorpOther Health CareSeries B$15.1M83%
Frequently asked
How much funding has Sonarmed Inc raised?
Sonarmed Inc has raised approximately $9.1M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Sonarmed Inc's estimated valuation?
Provath's modeled valuation for Sonarmed Inc is approximately $61.5M (modeled range $2.1M–$482.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sonarmed Inc at?
Sonarmed Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu May 04.
What does Sonarmed Inc do and where is it based?
Sonarmed Inc operates in the Other Health Care sector, based in Carmel.
Explore related

See where Sonarmed 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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