SonarMD Overview
- Year Founded
-
2015
- Status
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Private
- Employees
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20
- Latest Deal Type
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Series B
- Latest Deal Amount
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$5M
- Investors
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7
SonarMD General Information
Description
Provider of care coordination and therapeutic optimization services intended for carrying out treatment of complex chronic conditions that use 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.comCorporate Office
- 332 South Michigan Avenue
- Suite 121-5410
- Chicago, IL 60604
- United States
Corporate Office
- 332 South Michigan Avenue
- Suite 121-5410
- Chicago, IL 60604
- United States
SonarMD Timeline
SonarMD Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC (Series B) | 18-Feb-2026 | $5M | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series A3) | 06-Jan-2025 | 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 | $10M | $12.5M | Completed | Generating Revenue | |
| 2. Seed Round | 07-Mar-2018 | $2.5M | $2.5M | Completed | Generating Revenue |
SonarMD Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| 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 | 4.32% | |
| Seed | 214,375 | $0.000100 | $7.14 | $7.14 | 1x | $7.14 | 1.64% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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SonarMD Comparisons
Industry
Financing
Details
SonarMD Competitors (65)
One of SonarMD’s 65 competitors is Omada, a Formerly VC-backed company based in Dallas, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Omada | Formerly VC-backed | Dallas, TX | ||||
| Devoted | Venture Capital-Backed | Eagan, MN | ||||
| Timely Telehealth | Private Equity-Backed | Fort Worth, TX | ||||
| Envision Healthcare | Private Equity-Backed | Nashville, TN | ||||
| Luma Health | Venture Capital-Backed | San Mateo, CA |
SonarMD Related Research & Analysis
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SonarMD Signals
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Majestic Referring Domains
SonarMD Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Blue Hour Ventures | Venture Capital | Minority | ||
| KohFounders | Venture Capital | Minority | ||
| Nueterra Capital | Venture Capital | Minority | ||
| Proton Perlmutter Ventures | Venture Capital | Minority | ||
| Arboretum Ventures | Venture Capital | Minority |
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 |
SonarMD Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Triggr Health | Chicago, IL | 2014 |
SonarMD FAQs
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When was SonarMD founded?
SonarMD was founded in 2015.
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Where is SonarMD headquartered?
SonarMD is headquartered in Chicago, IL.
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What is the size of SonarMD?
SonarMD has 20 total employees.
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What industry is SonarMD in?
SonarMD’s primary industry is Other Healthcare Services.
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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 $25M.
-
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?
Omada, Devoted, Timely Telehealth, Envision Healthcare, and Luma Health are some of the 65 competitors of SonarMD.
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