SonarMD Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $2.15M

  • Investors
  • 7

SonarMD General Information

Description

Provider of care coordination and therapeutic optimization services intended for carrying out treatment of complex chronic conditions that use high-cost drugs. The company's services involve rendering care management which enhances patient engagement, and care coordination and utilizes specialty pharmacy optimization, enabling clients to improve the experience of health services for both patients and clinical teams.

Contact Information

Website
www.sonarmd.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 332 South Michigan Avenue
  • Suite 121-5410
  • Chicago, IL 60604
  • United States
+1 (312)
Primary Industry
Other Healthcare Services
Other Industries
Other Healthcare Technology Systems
Vertical(s)
Digital Health
Corporate Office
  • 332 South Michigan Avenue
  • Suite 121-5410
  • Chicago, IL 60604
  • United States
+1 (312)

SonarMD Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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SonarMD Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series A) 06-Jan-2025 $2.15M Completed Generating Revenue
9. Debt - General 17-Jul-2024 Completed Generating Revenue
8. Later Stage VC (Series A) 11-May-2023 Completed Generating Revenue
7. Secondary Transaction - Private Completed Generating Revenue
6. Later Stage VC (Series B) Cancelled Generating Revenue
5. Secondary Transaction - Private 01-Jan-2022 Completed Generating Revenue
4. Accelerator/Incubator 10-Feb-2020 Completed Generating Revenue
3. Early Stage VC (Series A) 17-Dec-2018 Completed Generating Revenue
2. Seed Round 07-Mar-2018 $2.5M $2.5M Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view SonarMD’s complete valuation and funding history, request access »

SonarMD Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-4
Series A-3
Series A-2
Series A-1
Series A 564,882 $0.000100 $8.85 $8.85 1x $8.85 6.47%
Seed 214,375 $0.000100 $7.14 $7.14 1x $7.14 2.45%
To view SonarMD’s complete cap table history, request access »

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SonarMD Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of care coordination and therapeutic optimization services intended for carrying out treatment of complex chron
Other Healthcare Services
Chicago, IL
18 As of 2025

Fort Worth, TX
 

Burlingame, CA
 
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SonarMD Competitors (61)

One of SonarMD’s 61 competitors is Timely Telehealth, a Private Equity-Backed company based in Fort Worth, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Timely Telehealth Private Equity-Backed Fort Worth, TX
Lyra Health Venture Capital-Backed Burlingame, CA
Trellus (Other Healthcare Services) Formerly VC-backed White Plains, NY
PlushCare Formerly VC-backed San Francisco, CA
Omada Venture Capital-Backed San Francisco, CA
You’re viewing 5 of 61 competitors. Get the full list »

SonarMD Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SonarMD Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Blue Hour Ventures Venture Capital Minority
KohFounders VC-Backed Company Minority
Nueterra Capital Venture Capital Minority
Proton Perlmutter Ventures Venture Capital Minority
Arboretum Ventures Venture Capital Minority
You’re viewing 5 of 7 investors. Get the full list »

SonarMD Acquisitions (1)

SonarMD’s most recent deal was a Merger/Acquisition with Triggr Health. The deal was made on 13-Jan-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Triggr Health 13-Jan-2020 Merger/Acquisition Clinics/Outpatient Services
To view SonarMD’s complete acquisitions history, request access »

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SonarMD Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Triggr Health Chicago, IL 2014

SonarMD FAQs

  • When was SonarMD founded?

    SonarMD was founded in 2015.

  • Where is SonarMD headquartered?

    SonarMD is headquartered in Chicago, IL.

  • What is the size of SonarMD?

    SonarMD has 18 total employees.

  • What industry is SonarMD in?

    SonarMD’s primary industry is Other Healthcare Services.

  • Is SonarMD a private or public company?

    SonarMD is a Private company.

  • What is the current valuation of SonarMD?

    The current valuation of SonarMD is .

  • What is SonarMD’s current revenue?

    The current revenue for SonarMD is .

  • How much funding has SonarMD raised over time?

    SonarMD has raised $20M.

  • Who are SonarMD’s investors?

    Blue Hour Ventures, KohFounders, Nueterra Capital, Proton Perlmutter Ventures, and Arboretum Ventures are 5 of 7 investors who have invested in SonarMD.

  • Who are SonarMD’s competitors?

    Timely Telehealth, Lyra Health, Trellus (Other Healthcare Services), PlushCare, and Omada are some of the 61 competitors of SonarMD.

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