Diligence memo · auto-generated · as of July 2, 2026
Zenflow, Inc.
Zenflow, Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Zenflow, Inc. operates in Medical Devices, based in SOUTH SAN FRANCISCO, CA, USA. Medical device that provides a more effective, less invasive…
Sub-sector tags: Medical Devices, medical-devices.
Capital & rounds (filed)filed
Zenflow, Inc. has raised $75M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $31M on 2017-09-12.
Most recent recorded round closed around 2024-11-01.
Valuation (modeled)modeled
Provath models Zenflow, Inc. at approximately $117M (range $44M–$196M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.73× the median modeled value of Series B Medical Devices companies in 2022–2024 (5 peers) — value vs value, same stage and era. Within the normal band (73% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 20 mo ago; this sector typically re-raises about every 16 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Medical Devices peers (233 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Proxim Diagnostics Corp, Eximis Surgical Inc., EarliTec Diagnostics, Inc., Htg Molecular Diagnostics, Inc.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.