Companies · Other Health Care

Sotera Wireless, Inc.

SAN DIEGO · Other Health Care

Diligence memoA one-page analyst read on Sotera Wireless, Inc. — recommendation, valuation, rhythm, risks.
$98.5M
Total raised · real
9
Rounds
1.5×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Mon May 22 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Sotera Wireless, Inc. looks over-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.

Over-valued
  • Modeled value is 1.58× the median modeled value of Series B Other Health Care companies in 2016–2018 (74 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.1 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

Sotera Wireless, Inc. is one of 5376 Other Health Care companies tracked from SAN DIEGO. By capital raised it ranks among the largest (ahead of 96% of sector peers), and among the largest 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
11
Investors (latest)
2017-05-22
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$250M$500M$750M$1.0BPre-Seed · 2009-05-18 Raised $500K (real) Modeled valuation $15M (est)Pre-Seed2009Series A · 2010-03-29 Raised $11M (real) Modeled valuation $217M (est)Series A2010Series A · 2010-08-13 Raised $160K (real) Modeled valuation $3.2M (est)Series A2010Series A · 2011-06-28 Raised $7.0M (real) Modeled valuation $141M (est)Series A2011Series A · 2011-11-30 Raised $9.2M (real) Modeled valuation $185M (est)Series A2011Series A · 2012-11-13 Raised $5.8M (real) Modeled valuation $116M (est)Series A2012Series A · 2013-01-31 Raised $9.3M (real) Modeled valuation $188M (est)Series A2013Series A · 2013-01-31 Raised $13M (real) Modeled valuation $253M (est)Series A2013Series B · 2014-04-09 Raised $21M (real) Modeled valuation $459M (est)Series B2014Series B · 2017-05-22 Raised $32M (real) Modeled valuation $705M (est)Series B2017+$11M+$160K+$7.0M+$9.2M+$5.8M+$9.3M+$13M+$21M+$32MCumulative $108M

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$500K · 2009
Series A$10.7M · 2010no Seed on file
Series A extension$160K · 2010
Series A extension$7.0M · 2011
Series A extension$9.2M · 2011
Series A extension$5.8M · 2012
Series A extension$9.3M · 2013
Series A extension$12.6M · 2013
Series B$20.7M · 2014
Series B extension$31.8M · 2017

Stages are modeled from round size (public records carry no series label). No record for: 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
$705.3M
Base estimate est.
$74.8M
Conservative case
$2.7B
Upside case
$176.9M
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 health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $15.4M · 2009-05-182009Series A · modeled $216.9M · 2010-03-29Series A · modeled $3.2M · 2010-08-13Series A · modeled $141.3M · 2011-06-28Series A · modeled $185.5M · 2011-11-30Series A · modeled $116.2M · 2012-11-13Series A · modeled $187.7M · 2013-01-31Series A · modeled $253.4M · 2013-01-31Series B · modeled $458.7M · 2014-04-09Series B · modeled $705.3M · 2017-05-222017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
9.1 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$12.3M/yr
Capital velocity
17.1 yr
On record since
2009
First round
10
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) 41× above median
This company$98.5M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.8× above median
This company$31.8M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 32× above median
This company$705.3M
Sector median$22.1M

Raised more than 96% of sector peers (real $). Modeled value above 95% 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 #12 of 74.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Podicare Services, Inc. · Series B Raised $40.0M · modeled $886.2M (est)COTA, Inc. · Series B Raised $43.8M · modeled $886.2M (est)Fresenius Medical Care - Meridian Health System, LLC · Series B Raised $39.0M · modeled $863.9M (est)Headspace, Inc. · Series B Raised $115.9M · modeled $860.6M (est)Spine Holdings LLC · Series B Raised $38.4M · modeled $851.6M (est)Chrono Therapeutics Inc. · Series B Raised $51.4M · modeled $833.2M (est)MedCPU, Inc. · Series B Raised $36.6M · modeled $776.2M (est)Capital Funding Bancorp, Inc. · Series B Raised $35.0M · modeled $775.4M (est)Phreesia, Inc. · Series B Raised $83.8M · modeled $753.2M (est)Labconnect Holdings, Inc. · Series B Raised $33.4M · modeled $739.0M (est)Zoonie, LLC · Series B Raised $52.0M · modeled $708.1M (est)Sotera Wireless, Inc. (this company) Raised $98.5M · modeled $705.3M (est)Sotera Wireless, Inc.
CompanyStageRaised · realValue · estvs peer med.
Podicare Services, Inc.Series B$40.0M$886.2M1.98×
COTA, Inc.Series B$43.8M$886.2M1.98×
Fresenius Medical Care - Meridian Health System, LLCSeries B$39.0M$863.9M1.93×
Headspace, Inc.Series B$115.9M$860.6M1.92×
Spine Holdings LLCSeries B$38.4M$851.6M1.90×
Chrono Therapeutics Inc.Series B$51.4M$833.2M1.86×
MedCPU, Inc.Series B$36.6M$776.2M1.73×
Capital Funding Bancorp, Inc.Series B$35.0M$775.4M1.73×
Phreesia, Inc.Series B$83.8M$753.2M1.68×
Labconnect Holdings, Inc.Series B$33.4M$739.0M1.65×
Zoonie, LLCSeries B$52.0M$708.1M1.58×
Sotera Wireless, Inc. this companySeries B$98.5M$705.3M1.58×
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$500K2009-05-18$2.8M$15.4M85%
Series A$10.7M2010-03-29$48.9M$216.9M85%
Series A$160K2010-08-13$727K$3.2M85%
Series A$7.0M2011-06-28$31.8M$141.3M85%
Series A$9.2M2011-11-30$41.8M$185.5M85%
Series A$5.8M2012-11-13$26.2M$116.2M85%
Series A$9.3M2013-01-31$42.3M$187.7M85%
Series A$12.6M2013-01-31$57.1M$253.4M85%
Series B$20.7M2014-04-09$115.0M$458.7M85%
Series B$31.8M2017-05-22$176.9M$705.3M90%
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$500K2009-05-18
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Series A$10.7M2010-03-29
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 21.5× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Series A$160K2010-08-13
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 67.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series A$7.0M2011-06-28
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 43.8× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Series A$9.2M2011-11-30
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 10 investors on this round.
  6. Series A$5.8M2012-11-13
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  7. Series A$9.3M2013-01-31
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 16 investors on this round.
  8. Series A$12.6M2013-01-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 20 investors on this round.
  9. Series B$20.7M2014-04-09
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 23 investors on this round.
  10. Series B$31.8M2017-05-22
    • Raised again after 37 mo — slower than the ~14 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 11 investors on this round.
Intelligence
2018 ~Q2
Modeled next raise · ~11mo cadence
$49.0M
Modeled next size est.range $31.8M$78.3M
1.5×
Last step-up
$12.3M/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
Eric Shiozaki3 other2012-11
Paul Badawi3 other2009-05
Francis Chen2 other2017-05
James Datin2 other2013-01
Kenneth Buechler2 other2009-05
Robert McNeil2 other2017-05
Timothy J. Wollaeger2 other2010-03
Allan J. Marchington1 other2010-03
Bobby Kandaswamy1 other2012-11
Brandon Poe1 other2013-01
Eric Topol1 other2009-05
Jeremy Loh1 other2012-11
Mark R. Spring1 other2014-04
Matt Banet1 other2009-05
Timothy Wollaeger1 other2009-05
Albert R. Zimmerli2013-01
Anthony R. DeMaria2014-04
Brandon R. Poe2013-01
Carolyn Maduza2017-05
Charles R. Sted2014-04
Charles Xie2017-05
Dave J. Watson2011-06
Eric Horng2017-05
Eric J. Topol2010-03
Registry & provenance

Sotera Wireless, 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
1313884
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
Medrobotics CorpOther Health CareSeries B$93.9M$443.1Msame sector · same stage
CDRT Holding CorpOther Health CareSeries B$92.5M$729.2Msame sector · same stage
WellDoc, Inc.Other Health CareSeries B$92.4M$644.1Msame sector · same stage
Respicardia, Inc.Other Health CareSeries B$92.4M$443.1Msame sector · same stage
Vital Connect, Inc.Other Health CareSeries B$105.7M$548.4Msame sector · same stage
Invuity, Inc.Other Health CareSeries B$105.7M$507.3Msame sector · same stage
VytronUS IncOther Health CareSeries B$91.1M$664.6Msame sector · same stage
OptiMedica CorpOther Health CareSeries B$90.3M$775.4Msame 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
Sommos, IncOther Health CarePre-Seed$410K83%
Soterius, Inc.Other Health CareSeed$37.2M83%
Somatix, Inc.Other Health CareSeries A$8.1M82%
Sora Neuroscience, Inc.Other Health CareSeed$8.6M82%
Somnair, Inc.Other Health CareSeries A$14.7M82%
Somatus, Inc.Other Health CareSeries C$1.1B81%
SOC Telemed, Inc.Other Health CareSeries C$1.9B81%
Intellihealth, Inc.Other Health CareSeries B$22.6M80%
Frequently asked
How much funding has Sotera Wireless, Inc. raised?
Sotera Wireless, Inc. has raised approximately $98.5M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Sotera Wireless, Inc.'s estimated valuation?
Provath's modeled valuation for Sotera Wireless, Inc. is approximately $705.3M (modeled range $74.8M–$2.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sotera Wireless, Inc. at?
Sotera Wireless, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon May 22.
What does Sotera Wireless, Inc. do and where is it based?
Sotera Wireless, Inc. operates in the Other Health Care sector, based in SAN DIEGO.
Explore related

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