Functional Medical Institute
How we got $540K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Functional Medical Institute, based in Tulsa, Oklahoma, is a functional medicine practice founded by Dr. Mark and Dr. Michele Sherwood that says it finds root causes of chronic disease and builds plans around patients' biology. It also publishes books, podcasts, films and health tips, and lists clinical partner brands.
From the company's website. Industry: Offices of other health practitioners.
Customers & suppliers
Suppliers & brands
- Leela Quantum Tech · brand it sells or installs
- Bestqool · brand it sells or installs
- InBody · brand it sells or installs
- Holy Hydrogen · brand it sells or installs
- Sunlighten · brand it sells or installs
- Hoolest · brand it sells or installs
- The Cera System · brand it sells or installs
- Pluck · brand it sells or installs
- MyShed Saunas · brand it sells or installs
- Power Plate · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Functional Medical Institute this business | $1.0M | — |
| Frost Chiropractic Tulsa | $1.0M | 0.0 mi |
| Harshman Chiropractic Tulsa | $1.0M | 0.1 mi |
| HEALTH AND STABILITY SPINAL CARE, INC. Tulsa · 4 employees | $1.1M | 0.1 mi |
| NATURAL HEALTH & CHIROPRACTIC CENTER, P.C. Tulsa · 3 employees | $774K | 0.1 mi |
| Healthy Boundaries Tulsa | $1.0M | 0.2 mi |
| PATH TO WELLNESS Tulsa · 3 employees | $577K | 0.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $540K |
| Multiple for this size and industry | 2.5× |
| Value range | $175K – $856K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Offices of other health practitioners businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (22%). Treat these as a rough guide.
| Revenue range | $406K – $1.3M |
| EBITDA range | $87K – $285K |
| Industry (NAICS) | Offices of other health practitioners (6213) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Functional Medical Institute
Functional Medical Institute is an offices of other health practitioners company in Tulsa, Oklahoma, in business since 2012. It is owned by Mark Sherwood (Founder). Its estimated annual revenue is about $1.0M, with roughly $216K of EBITDA. Its estimated business value is $540K (likely range $175K–$856K).
Common questions
- Who owns Functional Medical Institute?
- Functional Medical Institute is owned by Mark Sherwood (Founder), according to public sources such as the company's website or filings.
- How much revenue does Functional Medical Institute make?
- SeeBITDA estimates Functional Medical Institute's annual revenue at about $1.0M (likely between $406K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Functional Medical Institute worth?
- About $540K, roughly 2.5× its estimated EBITDA of $216K, typical for a offices of other health practitioners company its size. Likely range: $175K–$856K.
- When was Functional Medical Institute founded?
- Functional Medical Institute has been in business since 2012.