SonarMD

Chicago, IL · Founded 2015 · Privately Held (backing)

Provider of care coordination and therapeutic optimization services intended for carrying out treatment of complex chronic conditions that use drugs. SonarMD is based in Chicago, IL and was founded in 2015. It was valued at $18.1 million at its later-stage round in Mar 2026, the last priced event on record. It has raised $23 million across 4 recorded rounds; the latest was a $3 million seed round in Feb 2026.

PMV mark · valuation
$18.1M
Oct 2026
Priced at
its later-stage round
Mar 2026
Total raised
$23.0M
Last round
Seed Round
Feb 2026

SonarMD key facts

as of Oct 2026
  • Provider of care coordination and therapeutic optimization services intended for carrying out treatment of complex chronic conditions that use drugs.
  • SonarMD is valued at approximately $18.1M as of Oct 2026, set at its later-stage round, Mar 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $23.0M across 4 recorded rounds; the latest was Seed Round ($3.0M) in Feb 2026.
  • Notable investors include Matter (Consulting Services (B2B)), Arboretum Ventures, Nueterra Capital, Blue Hour Ventures, Blue Venture Fund — 7 tracked in total.
  • SonarMD has filed 4 Form Ds with the SEC since 2020, most recently Jan 2025 ($2.2M sold to 3 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$18.1M

Valued at $18.1M at its later-stage round, Mar 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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SonarMD funding rounds

4 rounds
Feb 2026Seed Round$3.0MSEC filing▮
Dec 2024Seed Round$2.2MSEC filing▮
Jul 2024Debt$1.0MSEC filing▮
Apr 2023Seed Round$4.3MSEC filing▮

SonarMD valuation

SonarMD was valued at $18.1 million at its later-stage round in Mar 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has SonarMD raised?

SonarMD has raised $23 million in total; 4 of its rounds are on record, from 2023 on. The largest on record was a $4.3 million seed round in Apr 2023; the most recent was a $3 million seed round in Feb 2026.

SonarMD has filed 4 Form Ds with the SEC since 2020, most recently in Jan 2025 ($2.2 million sold to 3 investors).

SonarMD investors

7 investors are on record for SonarMD, including Matter (Consulting Services (B2B)), Arboretum Ventures, Nueterra Capital and Blue Hour Ventures. The seed round in Feb 2026 drew 1 investor.

About SonarMD

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.

Sector
Healthcare
HQ
Chicago, IL, United States
Founded
2015
Employees
20
Ownership
Privately Held (backing)

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