Companies · Healthtech

ASP Health Inc.

EVANSTON · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on ASP Health Inc. — recommendation, valuation, rhythm, risks.
$5.0M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 23 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

ASP Health Inc. looks under-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.

Under-valued
  • Modeled value is 0.45× the median modeled value of Seed Healthtech companies in 2019–2021 (180 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.4 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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

ASP Health Inc. is one of 2138 Healthtech companies tracked from EVANSTON. By capital raised it ranks mid-pack (ahead of 57% of sector peers), and mid-pack 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
7
Investors (latest)
2021-02-23
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$50M$100M$150M$200MSeed · 2019-08-12 Raised $4.0M (real) Modeled valuation $111M (est)$4.0M$111MSeed2019Seed · 2021-02-23 Raised $1.0M (real) Modeled valuation $21M (est)$1.0M$21MSeed2021+$1.0MCumulative $5.0M

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
Seed$4.0M · 2019
Seed extension$1.0M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$20.7M
Base estimate est.
$846K
Conservative case
$136.6M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $110.9M · 2019-08-122019Seed · modeled $20.7M · 2021-02-232021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.57×/yr
Annual markup
2.05×/yr upside case
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$3.3M/yr
Capital velocity
6.9 yr
On record since
2019
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) 1.1× above median
This company$5.0M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$1.0M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$20.7M
Sector median$33.8M

Raised more than 57% of sector peers (real $). Modeled value above 45% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #151 of 180.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Hippo Health, Inc. · Seed Raised $4.0M · modeled $110.9M (est)Primacy Health Inc. · Seed Raised $4.0M · modeled $110.9M (est)Ursa Major Natural Care, Inc. · Seed Raised $4.0M · modeled $110.9M (est)Able Health Inc. · Seed Raised $3.9M · modeled $107.5M (est)Gentem Health Inc · Seed Raised $3.8M · modeled $105.1M (est)Insight Medical Holdings, LLC · Seed Raised $3.8M · modeled $104.0M (est)Paragon Southwest Medical Waste, LLC · Seed Raised $6.7M · modeled $101.6M (est)Fresenius Medical Care Sloans Lake, LLC · Seed Raised $3.6M · modeled $99.2M (est)Karuna Health, Inc. · Seed Raised $4.7M · modeled $97.0M (est)Fresenius Medical Care Fairmount Heights, LLC · Seed Raised $3.4M · modeled $93.0M (est)WELL Health Technologies Corp. · Seed Raised $3.7M · modeled $92.8M (est)Fresenius Medical Care Rock Quarry, LLC · Seed Raised $3.3M · modeled $92.5M (est)ASP Health Inc. (this company) Raised $5.0M · modeled $20.7M (est)ASP Health Inc.
CompanyStageRaised · realValue · estvs peer med.
Hippo Health, Inc.Seed$4.0M$110.9M2.42×
Primacy Health Inc.Seed$4.0M$110.9M2.42×
Ursa Major Natural Care, Inc.Seed$4.0M$110.9M2.42×
Able Health Inc.Seed$3.9M$107.5M2.34×
Gentem Health IncSeed$3.8M$105.1M2.29×
Insight Medical Holdings, LLCSeed$3.8M$104.0M2.27×
Paragon Southwest Medical Waste, LLCSeed$6.7M$101.6M2.21×
Fresenius Medical Care Sloans Lake, LLCSeed$3.6M$99.2M2.16×
Karuna Health, Inc.Seed$4.7M$97.0M2.12×
Fresenius Medical Care Fairmount Heights, LLCSeed$3.4M$93.0M2.03×
WELL Health Technologies Corp.Seed$3.7M$92.8M2.02×
Fresenius Medical Care Rock Quarry, LLCSeed$3.3M$92.5M2.01×
ASP Health Inc. this companySeed$5.0M$20.7M0.45×
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.
Seed$4.0M2019-08-12$20.0M$110.9M90%
Seed$1.0M2021-02-23$5.0M$20.7M90%
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. Seed$4.0M2019-08-12
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Seed$1.0M2021-02-23
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~18mo cadence
$1.0M
Modeled next size est.range $1.0M$1.6M
0.3×
Last step-up
$3.3M/yr
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
Hariharan W. Subramanian2019-08
John W. Hart2019-08
Joseph W. Damico2019-08
Lester W. Knight2019-08
Registry & provenance

ASP Health 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
1786455
SEC CIK
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
Asenda Health Inc.HealthtechSeed$5.0M$19.1Msame sector · same stage
Zocalo Health Inc.HealthtechSeed$4.9M$20.2Msame sector · same stage
PATIENT CoHealthtechSeed$4.8M$22.4Msame sector · same stage
Luminate Health Inc.HealthtechSeed$4.7M$18.1Msame sector · same stage
Berks Center for Digestive Health, L.P.HealthtechSeed$4.7M$24.0Msame sector · same stage
Niveus Medical, Inc.HealthtechSeed$4.7M$14.6Msame sector · same stage
Access HealthNet Holdings, Inc.HealthtechSeed$5.7M$27.7Msame sector · same stage
Treehouse Health, Llc / GaHealthtechSeed$4.3M$14.2Msame 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
Aspero Medical, Inc.HealthtechPre-Seed$20.0M88%
Asenda Health Inc.HealthtechSeed$19.1M88%
What About Health, Inc.HealthtechPre-Seed$7.6M87%
Aspire Health, Inc.HealthtechSeries B$776.9M87%
Ascellus Health, Inc.HealthtechSeries A$7.6M87%
Astute Medical, Inc.HealthtechSeries C$1.1B87%
Healthcare, Inc.HealthtechSeries D+$4.0B85%
Healthnet, IncHealthtechPre-Seed$3.7M85%
Frequently asked
How much funding has ASP Health Inc. raised?
ASP Health Inc. has raised approximately $5.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is ASP Health Inc.'s estimated valuation?
Provath's modeled valuation for ASP Health Inc. is approximately $20.7M (modeled range $846K–$136.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ASP Health Inc. at?
ASP Health Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 23.
What does ASP Health Inc. do and where is it based?
ASP Health Inc. operates in the Healthtech sector, based in EVANSTON.
Explore related

See where ASP Health Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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