Companies · Healthtech

Appriss Health Holdings, Inc.

LOUISVILLE · Healthtech · refined from filed group “Other

Diligence memoA one-page analyst read on Appriss Health Holdings, Inc. — recommendation, valuation, rhythm, risks.
$38.1M
Total raised · real
1
Rounds
1.7×
Latest step-up
Top 13%
Sector rank · raised
Series B
Latest stage · inferred · Thu May 06 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Appriss Health Holdings, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the healthtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.61× the median modeled value of Series B Healthtech companies in 2019–2021 (56 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.2 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Appriss Health Holdings, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
5.2 yr record
Peak capital year was 2021 with $59.9M across 2 filings.
Market position
ahead of 88% of Healthtech peers
Capital scale is ahead of 88% of Healthtech peers; modeled value is above 95% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $59.9M across 2 filings.
  • Largest single filing was $38.1M on 2021-05-06.
  • Filing rows sum to $59.9M, while canonical raised total is $38.1M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Healthtech

Appriss Health Holdings, Inc. is one of 2138 Healthtech companies tracked from LOUISVILLE. By capital raised it ranks in the upper tier (ahead of 88% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
52
Investors (latest)
2021
Year incorporated
2021-05-06
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries B · 2021-05-06 Raised $22M (real) Modeled valuation $412M (est)$22M$412MSeries B2021Series B · 2021-05-06 Raised $38M (real) Modeled valuation $718M (est)$38M$718MSeries B2021+$38MCumulative $60M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$21.8M · 2021
Series B extension$38.1M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$718.0M
Base estimate est.
$89.5M
Conservative case
$2.4B
Upside case
$211.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Series B · modeled $411.6M · 2021-05-062021Series B · modeled $718.0M · 2021-05-062021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.38×/yr
Annual markup
1.67×/yr upside case
5.2 yr
Elapsed time used
5.2 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
5.2 yr
On record since
2021
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 8.5× above median
This company$38.1M
Sector median$4.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 2.1× above median
This company$38.1M
Sector median$18.3M
Modeled value — vs sector median (estimate, all stages) 21× above median
This company$718.0M
Sector median$33.8M

Raised more than 88% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 56.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Solera Health, Inc. · Series B Raised $79.1M · modeled $935.6M (est)Icebreaker Health, Inc. · Series B Raised $51.5M · modeled $890.1M (est)Buoy Health, Inc. · Series B Raised $66.7M · modeled $837.4M (est)Stroma Medical Corp · Series B Raised $43.0M · modeled $767.6M (est)HealthJoy, Inc. · Series B Raised $45.5M · modeled $743.5M (est)Superconductive Health, Inc. · Series B Raised $61.0M · modeled $717.0M (est)Wheel Health, Inc. · Series B Raised $36.7M · modeled $686.1M (est)Mindoula Health, Inc. · Series B Raised $30.7M · modeled $663.2M (est)Flowonix Medical Inc · Series B Raised $104.6M · modeled $656.8M (est)Sirona Medical, Inc. · Series B Raised $53.0M · modeled $638.3M (est)HealthPlan One Holdings, Inc. · Series B Raised $28.6M · modeled $621.6M (est)Appriss Health Holdings, Inc. (this company) Raised $38.1M · modeled $718.0M (est)Appriss Health Holdings, Inc.
CompanyStageRaised · realValue · estvs peer med.
Solera Health, Inc.Series B$79.1M$935.6M2.09×
Icebreaker Health, Inc.Series B$51.5M$890.1M1.99×
Buoy Health, Inc.Series B$66.7M$837.4M1.87×
Stroma Medical CorpSeries B$43.0M$767.6M1.72×
HealthJoy, Inc.Series B$45.5M$743.5M1.66×
Appriss Health Holdings, Inc. this companySeries B$38.1M$718.0M1.61×
Superconductive Health, Inc.Series B$61.0M$717.0M1.60×
Wheel Health, Inc.Series B$36.7M$686.1M1.53×
Mindoula Health, Inc.Series B$30.7M$663.2M1.48×
Flowonix Medical IncSeries B$104.6M$656.8M1.47×
Sirona Medical, Inc.Series B$53.0M$638.3M1.43×
HealthPlan One Holdings, Inc.Series B$28.6M$621.6M1.39×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$21.8M2021-05-06$121.3M$411.6M90%
Series B$38.1M2021-05-06$211.6M$718.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$21.8M2021-05-06
    • First recorded raise — entered as Series B.
    • 37 investors on this round.
  2. Series B$38.1M2021-05-06
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 52 investors on this round.
Intelligence
Modeled next raise
$66.4M
Modeled next size est.range $43.2M$106.3M
1.7×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Anika Agarwal12 other2021-05
Robert Cohen10 other2021-05
Scott Barclay7 other2021-05
James Pade5 other2021-05
Behdad Eghbali4 other2021-05
Krishnan Sastry4 other2021-05
Darren Moore2 other2021-05
Todd Laddusaw2 other2021-05
Registry & provenance

Appriss Health Holdings, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1944093
SEC CIK
2021
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Alert Holding Company, Inc.OtherSeries B$48.4M$270.9Mnetwork7 shared operators · same stage
Appriss Retail Holding Co L.P.Consumer / RetailSeries A$13.8M$45.6Mnetwork6 shared operators
Swift Medical Inc.HealthtechSeries B$22.5M$315.6Mnetwork1 shared operator · same sector · same stage
PeopleOne Health, Inc.HealthtechSeries B$37.9M$159.6Msame sector · same stage
Particle Health Inc.HealthtechSeries B$38.3M$311.5Msame sector · same stage
Octagos Health, Inc.HealthtechSeries B$37.7M$195.3Msame sector · same stage
Brave Health, Inc.HealthtechSeries B$38.6M$485.7Msame sector · same stage
Daymark Health, Inc.HealthtechSeries B$37.5M$122.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Quatris Health Holdings, LLCHealthtechSeries B$599.6M88%
Auris Health, Inc.HealthtechSeries D+$5.3B85%
Appy Health, Inc.HealthtechPre-Seed$1.8M84%
Tespo Health Holdings, LLCHealthtechSeries A$37.1M83%
Valeris Medical, Inc.HealthtechSeed$85.5M82%
Medical Innovation Holdings, Inc.HealthtechPre-Seed$10.1M82%
Healthcare Solutions Holdings IncHealthtechSeries A$56.4M82%
Health Payment Holdings, LLCHealthtechSeed$55.5M82%
Frequently asked
How much funding has Appriss Health Holdings, Inc. raised?
Appriss Health Holdings, Inc. has raised approximately $38.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Appriss Health Holdings, Inc.'s estimated valuation?
Provath's modeled valuation for Appriss Health Holdings, Inc. is approximately $718.0M (modeled range $89.5M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Appriss Health Holdings, Inc. at?
Appriss Health Holdings, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu May 06.
What does Appriss Health Holdings, Inc. do and where is it based?
Appriss Health Holdings, Inc. operates in the Healthtech sector, based in LOUISVILLE.
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