Diligence memo · auto-generated · as of July 2, 2026
Spirus Medical Inc
Spirus Medical Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Spirus Medical Inc operates in Other Health Care, based in West Bridgewater.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spirus Medical Inc has raised $841K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $633K on 2009-04-30.
Most recent recorded round closed around 2010-10-15.
Valuation (modeled)modeled
Provath models Spirus Medical Inc at approximately $6.4M (range $131K–$73M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.70× the median modeled value of Pre-Seed Other Health Care companies in 2010–2012 (351 peers) — value vs value, same stage and era. Within the normal band (70% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 18 months.
Last raise 15.7 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 30% of Other Health Care peers (5377 compared).
Modeled value ranks above 26% of those peers.
Closest niche peers: Chrysallis, Inc., RefillDRS, LLC, Ageology LLC, Great Lakes Healthcare Fund I, LLC, CreateHealth, Inc..
Peoplefiled
18 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.