Companies · Healthtech

BAI Healthcare Services, Inc.

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

Diligence memoA one-page analyst read on BAI Healthcare Services, Inc. — recommendation, valuation, rhythm, risks.
$21.8M
Total raised · real
4
Rounds
0.7×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 19 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

BAI Healthcare Services, 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 0.39× the median modeled value of Series A Healthtech companies in 2019–2021 (124 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.0 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

BAI Healthcare Services, Inc. is one of 2138 Healthtech companies tracked from FRANKLIN. By capital raised it ranks in the upper tier (ahead of 81% 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
12
Investors (latest)
2019-07-19
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$125M$250M$375M$500MSeries A · 2011-08-24 Raised $12M (real) Modeled valuation $271M (est)$12M$271MSeries A2011Series A · 2012-11-20 Raised $5.0M (real) Modeled valuation $113M (est)$5.0M$113MSeries A2012Series A · 2013-09-18 Raised $2.8M (real) Modeled valuation $63M (est)$2.8M$63MSeries A2013Series A · 2019-07-19 Raised $2.0M (real) Modeled valuation $45M (est)$2.0M$45MSeries A2019+$5.0M+$2.8M+$2.0MCumulative $22M

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 A$12.0M · 2011
Series A extension$5.0M · 2012
Series A extension$2.8M · 2013
Series A extension$2.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$45.1M
Base estimate est.
$2.6M
Conservative case
$245.5M
Upside case
$9.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Series A · modeled $270.9M · 2011-08-242011Series A · modeled $112.9M · 2012-11-20Series A · modeled $63.2M · 2013-09-18Series A · modeled $45.1M · 2019-07-192019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$2.8M/yr
Capital velocity
14.9 yr
On record since
2011
First round
4
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) 4.9× above median
This company$21.8M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$45.1M
Sector median$33.8M

Raised more than 81% of sector peers (real $). Modeled value above 61% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #106 of 124.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Itamar Medical Ltd. · Series A Raised $14.7M · modeled $331.4M (est)ChartSpan Medical Technologies, Inc. · Series A Raised $14.7M · modeled $330.7M (est)4G Clinical, LLC · Series A Raised $24.3M · modeled $330.0M (est)Wellness Group Investors, LLC · Series A Raised $14.0M · modeled $294.5M (est)Avation Medical, Inc. · Series A Raised $12.9M · modeled $291.8M (est)Fresenius Medical Care Baldwin County, LLC · Series A Raised $12.8M · modeled $289.6M (est)Blue Ox Healthcare Partners SP, LLC · Series A Raised $12.6M · modeled $284.7M (est)LIBERTY DENTAL PLAN Corp · Series A Raised $11.8M · modeled $266.3M (est)Decisio Health, Inc. · Series A Raised $14.6M · modeled $264.3M (est)emPower Health Equity, Inc. · Series A Raised $11.2M · modeled $253.4M (est)Insightin Health Inc · Series A Raised $12.4M · modeled $234.7M (est)Edifice Health, Inc. · Series A Raised $13.8M · modeled $233.8M (est)BAI Healthcare Services, Inc. (this company) Raised $21.8M · modeled $45.1M (est)BAI Healthcare Services, Inc.
CompanyStageRaised · realValue · estvs peer med.
Itamar Medical Ltd.Series A$14.7M$331.4M2.83×
ChartSpan Medical Technologies, Inc.Series A$14.7M$330.7M2.82×
4G Clinical, LLCSeries A$24.3M$330.0M2.82×
Wellness Group Investors, LLCSeries A$14.0M$294.5M2.51×
Avation Medical, Inc.Series A$12.9M$291.8M2.49×
Fresenius Medical Care Baldwin County, LLCSeries A$12.8M$289.6M2.47×
Blue Ox Healthcare Partners SP, LLCSeries A$12.6M$284.7M2.43×
LIBERTY DENTAL PLAN CorpSeries A$11.8M$266.3M2.27×
Decisio Health, Inc.Series A$14.6M$264.3M2.26×
emPower Health Equity, Inc.Series A$11.2M$253.4M2.16×
Insightin Health IncSeries A$12.4M$234.7M2.00×
Edifice Health, Inc.Series A$13.8M$233.8M2.00×
BAI Healthcare Services, Inc. this companySeries A$21.8M$45.1M0.39×
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 A$12.0M2011-08-24$54.5M$270.9M85%
Series A$5.0M2012-11-20$22.7M$112.9M85%
Series A$2.8M2013-09-18$12.7M$63.2M85%
Series A$2.0M2019-07-19$9.1M$45.1M90%
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 A$12.0M2011-08-24
    • First recorded raise — entered as Series A.
    • 16 investors on this round.
  2. Series A$5.0M2012-11-20
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  3. Series A$2.8M2013-09-18
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  4. Series A$2.0M2019-07-19
    • Raised again after 70 mo — slower than the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 12 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~32mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.7×
Last step-up
$2.8M/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
Townes Duncan3 other2011-08
E TOWNES DUNCAN2 other2019-07
Steve Wiggins2 other2012-11
Tamara Elias1 other2012-11
Andy G. Wilson2012-11
Brian D. Smith2019-07
Brook Bishop2011-08
Brooks G. Andrews2019-07
David G. Hagaman2012-11
Derril Reeves2011-08
George D. Carmany2019-07
George G. Carmany2013-09
Joseph Hutts2011-08
Lucius Burch2011-08
Michael G. Skiera2019-07
Richard Ragsdale2011-08
Ron Charpentier2011-08
Samuel D. Schmidt2019-07
Stephen A. Greene2019-07
Steven G. Tolber2013-09
Steven G. Tolbert2012-11
Teresa G. Morgan2012-11
Registry & provenance

BAI Healthcare Services, 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
1411555
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
Enable Dental Inc.HealthtechSeries A$21.9M$62.2Msame sector · same stage
HealthEC, LLCHealthtechSeries A$22.0M$33.3Msame sector · same stage
Datacubed Health, Inc.HealthtechSeries A$22.4M$52.5Msame sector · same stage
Reperio Health, Inc.HealthtechSeries A$23.4M$26.6Msame sector · same stage
Care Angel, Inc.HealthtechSeries A$23.5M$57.6Msame sector · same stage
Novian Health Inc.HealthtechSeries A$19.8M$31.8Msame sector · same stage
Bongiovi Medical & Health Technologies, LLCHealthtechSeries A$19.5M$45.1Msame sector · same stage
Green Leaf Medical, LlcHealthtechSeries A$19.4M$41.8Msame 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
Panda Health, Inc.HealthtechSeries B$109.1M91%
Birchwood Healthcare Partners, LLCHealthtechPre-Seed$4.5M86%
Healthstream IncHealthtechSeed$9.6M85%
Health Care Solutions Inc.HealthtechSeed$26.8M85%
Vessel Health Inc.HealthtechSeries A$14.9M85%
Cava Healthcare Inc.HealthtechPre-Seed$6.5M85%
Harbor Health Team Inc.HealthtechSeries C$516.6M84%
Bainbridge Health, Inc.HealthtechSeed$10.9M84%
Frequently asked
How much funding has BAI Healthcare Services, Inc. raised?
BAI Healthcare Services, Inc. has raised approximately $21.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is BAI Healthcare Services, Inc.'s estimated valuation?
Provath's modeled valuation for BAI Healthcare Services, Inc. is approximately $45.1M (modeled range $2.6M–$245.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BAI Healthcare Services, Inc. at?
BAI Healthcare Services, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 19.
What does BAI Healthcare Services, Inc. do and where is it based?
BAI Healthcare Services, Inc. operates in the Healthtech sector, based in FRANKLIN.
Explore related

See where BAI Healthcare Services, 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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