Diligence memo · auto-generated · as of July 2, 2026

Zonare Medical Systems Inc

Zonare Medical Systems Inc looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Zonare Medical Systems Inc operates in Other Health Care, based in Mountain View.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Zonare Medical Systems Inc has raised $28M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $15M on 2009-03-06.

Most recent recorded round closed around 2010-11-12.

Valuation (modeled)modeled

Provath models Zonare Medical Systems Inc at approximately $24M (range $1.5M–$129M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.20× the median modeled value of Series A Other Health Care companies in 2010–2012 (199 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 10 months.

Last raise 15.6 yr ago; this sector typically re-raises about every 14 months.

Silent for over 3× the sector's normal cadence.

The last round was 10.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 88% of Other Health Care peers (5377 compared).

Modeled value ranks above 52% of those peers.

Closest niche peers: Barrx Medical Inc, Icad Inc, Cas Medical Systems Inc, Cardiosolutions Inc, Ophthonix Inc.

Peoplefiled

19 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.