DMG Practice Management Solutions LLC

Downers Grove, IL · Founded 2015 · Medtech · Still private

PainShield® therapy system for pain management and wound healing

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Updated · dmg.health

Sector
Medtech
Headquarters
Downers Grove, IL
Founded
2015
Latest Form D
$23.7M, Jan 2022
Total capital
$99.8M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$99.8M
3 Form D · last Jan 2022
57 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

201720182019202020212022FEDERAL ↑EQUITY ↓Cumulative $99.8M1st Form D$63M2nd Form D$13.1M3rd Form D$23.7M
201720182019202020212022FEDERAL ↑EQUITY ↓Cumulative $99.8M2nd Form D$13.1M3rd Form D$23.7M

Latest events

  • Private capital raisedForm D · SEC · 3rd filing$23.7M
  • Private capital raisedForm D · SEC · 2nd filing$13.1M
  • Private capital raisedForm D · SEC · 1st filing$63M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Founders and team

From SEC Form D filings
  • Alex AlbertDirectorNamed in SEC Form D filings
  • Anita PramodaDirectorNamed in SEC Form D filings
  • Bennett RosenthalDirectorNamed in SEC Form D filings
  • David SpacarelliExecutive OfficerNamed in SEC Form D filings
  • Donald HoscheitDirectorNamed in SEC Form D filings
  • Donna CooperExecutive OfficerNamed in SEC Form D filings
Show all 21 people
  • Henry TobieExecutive OfficerNamed in SEC Form D filings
  • Jim HirshornDirectorNamed in SEC Form D filings
  • John PorcelliDirectorNamed in SEC Form D filings
  • Kevin RyanDirectorNamed in SEC Form D filings
  • Krishna RamachandranExecutive OfficerNamed in SEC Form D filings
  • Michael KasperExecutive Officer, DirectorNamed in SEC Form D filings
  • Michael PacettiExecutive OfficerNamed in SEC Form D filings
  • Michael TemplerExecutive OfficerNamed in SEC Form D filings
  • Nick MartinExecutive OfficerNamed in SEC Form D filings
  • Paul MerrickExecutive Officer, DirectorNamed in SEC Form D filings
  • Robert MargolisDirectorNamed in SEC Form D filings
  • Stephen BurhennDirectorNamed in SEC Form D filings
  • Steven NelsonExecutive Officer, DirectorNamed in SEC Form D filings
  • Tami RellerExecutive OfficerNamed in SEC Form D filings
  • William GossDirectorNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

  • iPACES LLCSimilar federal contract value in Medtech · null in contracts
  • ASTRIA BIOSCIENCES, INC.Similar federal contract value in Medtech · null in contracts
  • Noveratech L.L.C.Similar federal contract value in Medtech · null in contracts
  • SURGIVANCE INC.Similar federal contract value in Medtech · null in contracts
  • OCULO THERAPY LLCSimilar federal contract value in Medtech · null in contracts
  • LX MedicalSimilar federal contract value in Medtech · null in contracts

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .