Companies · Healthtech

Bardavon Health Innovations, Inc.

OVERLAND PARK · Healthtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Bardavon Health Innovations, Inc. — recommendation, valuation, rhythm, risks.
$156.8M
Total raised · real
7
Rounds
0.6×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Apr 26 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Bardavon Health Innovations, Inc. looks under-valued against its niche peers and is quiet 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 0.05× the median modeled value of Series D+ Healthtech companies in 2022–2024 (17 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector 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

Bardavon Health Innovations, Inc. is one of 2138 Healthtech companies tracked from OVERLAND PARK. By capital raised it ranks among the largest (ahead of 97% 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
13
Investors (latest)
2024-04-26
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$1.3B$2.5B$3.8B$5.0BSeed · 2015-10-08 Raised $4.0M (real) Modeled valuation $111M (est)Seed2015Series B · 2018-11-09 Raised $17M (real) Modeled valuation $418M (est)Series B2018Series B · 2021-03-11 Raised $6.7M (real) Modeled valuation $132M (est)Series B2021Series D+ · 2021-10-20 Raised $107M (real) Modeled valuation $2.0B (est)Series D+2021Series D+ · 2022-05-25 Raised $8.6M (real) Modeled valuation $145M (est)Series D+2022Series D+ · 2023-03-03 Raised $8.7M (real) Modeled valuation $123M (est)Series D+2023Series D+ · 2024-04-26 Raised $5.2M (real) Modeled valuation $57M (est)Series D+2024+$17M+$6.7M+$107M+$8.6M+$8.7M+$5.2MCumulative $157M

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 · 2015
Series B$16.9M · 2018no Series A on file
Series B extension$6.7M · 2021
Series D+$106.7M · 2021no Series C on file
Series D+ extension$8.6M · 2022
Series D+ extension$8.7M · 2023
Series D+ extension$5.2M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series C — 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
$56.8M
Base estimate est.
$27.8M
Conservative case
$80.6M
Upside case
$43.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $110.9M · 2015-10-082015Series B · modeled $418.3M · 2018-11-09Series B · modeled $132.0M · 2021-03-11Series D+ · modeled $2.0B · 2021-10-20Series D+ · modeled $144.7M · 2022-05-25Series D+ · modeled $122.9M · 2023-03-03Series D+ · modeled $56.8M · 2024-04-262024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
64% low · 88% high
1.25×/yr
Annual markup
1.40×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$18.3M/yr
Capital velocity
10.7 yr
On record since
2015
First round
7
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) 35× above median
This company$156.8M
Sector median$4.5M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.0× of median
This company$5.2M
Sector median$115.5M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$56.8M
Sector median$33.8M

Raised more than 97% of sector peers (real $). Modeled value above 65% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #16 of 17.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0B$10.0BCapital raised (log)Monogram Health Holdings, Inc. · Series D+ Raised $535.1M · modeled $5.5B (est)Lyra Health, Inc. · Series D+ Raised $867.7M · modeled $4.3B (est)Aledade, Inc. · Series D+ Raised $662.6M · modeled $3.5B (est)Clarify Health Solutions, Inc. · Series D+ Raised $372.7M · modeled $2.9B (est)Insightec Ltd · Series D+ Raised $436.4M · modeled $1.6B (est)Nalu Medical, Inc. · Series D+ Raised $127.0M · modeled $1.4B (est)RefleXion Medical, Inc. · Series D+ Raised $413.0M · modeled $1.3B (est)Altus Community Healthcare, LP · Series D+ Raised $330.5M · modeled $1.2B (est)Rightway Healthcare, Inc. · Series D+ Raised $205.8M · modeled $1.2B (est)Medical Microinstruments, Inc. · Series D+ Raised $103.0M · modeled $1.2B (est)Spring Care, Inc. · Series D+ Raised $385.9M · modeled $1.0B (est)K Health, Inc. · Series D+ Raised $353.4M · modeled $915.7M (est)Bardavon Health Innovations, Inc. (this company) Raised $156.8M · modeled $56.8M (est)Bardavon Health Innovations, Inc.
CompanyStageRaised · realValue · estvs peer med.
Monogram Health Holdings, Inc.Series D+$535.1M$5.5B4.56×
Lyra Health, Inc.Series D+$867.7M$4.3B3.56×
Aledade, Inc.Series D+$662.6M$3.5B2.86×
Clarify Health Solutions, Inc.Series D+$372.7M$2.9B2.38×
Insightec LtdSeries D+$436.4M$1.6B1.31×
Nalu Medical, Inc.Series D+$127.0M$1.4B1.12×
RefleXion Medical, Inc.Series D+$413.0M$1.3B1.07×
Altus Community Healthcare, LPSeries D+$330.5M$1.2B1.02×
Rightway Healthcare, Inc.Series D+$205.8M$1.2B1.00×
Medical Microinstruments, Inc.Series D+$103.0M$1.2B0.97×
Spring Care, Inc.Series D+$385.9M$1.0B0.86×
K Health, Inc.Series D+$353.4M$915.7M0.76×
Bardavon Health Innovations, Inc. this companySeries D+$156.8M$56.8M0.05×
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$4.0M2015-10-08$20.0M$110.9M85%
Series B$16.9M2018-11-09$93.8M$418.3M90%
Series B$6.7M2021-03-11$37.0M$132.0M90%
Series D+$106.7M2021-10-20$889.1M$2.0B90%
Series D+$8.6M2022-05-25$71.8M$144.7M90%
Series D+$8.7M2023-03-03$72.6M$122.9M90%
Series D+$5.2M2024-04-26$43.5M$56.8M90%
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$4.0M2015-10-08
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Series B$16.9M2018-11-09
    • Raised again after 37 mo — slower than the ~14 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • 16 investors on this round.
  3. Series B$6.7M2021-03-11
    • Raised again after 28 mo — slower than the ~14 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  4. Series D+$106.7M2021-10-20
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 16.0× larger than the prior — scaling up.
    • 25 investors on this round.
  5. Series D+$8.6M2022-05-25
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 12.4× smaller than the prior — bridge or down round.
    • 72 investors on this round.
  6. Series D+$8.7M2023-03-03
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 20 investors on this round.
  7. Series D+$5.2M2024-04-26
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~17mo cadence
$5.2M
Modeled next size est.range $5.2M$8.4M
0.6×
Last step-up
$18.3M/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
Matthew Ferguson5 other2015-10
Clete T Brewer2 other2021-10
Paul Morris1 other2015-10
Robert K Green1 other2015-10
Alex Benson2024-04
Allie Haldeman2024-04
Brian J Gillespie2021-03
Clete J Brewer2018-11
Daphne T Tong2021-10
Dorothy J Riviere2021-03
Ed T Enyeart2021-10
James J Rogers2021-03
Jeff Hogland2015-10
Jeff J Hogland2018-11
Karan T Takhar2021-10
Matthew Condon2015-10
Matthew J Condon2018-11
Matt J Ferguson2018-11
Matt K Ferguson2021-10
Paul J Morris2018-11
Paul K Morris2021-10
Thomas J Jantsch2018-11
Zane J Burke2021-03
Zane T Burke2021-10
Registry & provenance

Bardavon Health Innovations, 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
1655687
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
Acutus Medical, Inc.HealthtechSeries D+$296.3M$69.0Msame sector · same stage
Outset Medical, Inc.HealthtechSeries D+$395.4M$36.2Msame sector · same stage
Xtant Medical Holdings, Inc.HealthtechSeries C$170.2M$41.2Msame sector
Lungpacer Medical, Inc.HealthtechSeries C$121.4M$69.8Msame sector
Oak Street Health, LLCHealthtechSeries C$216.3M$38.4Msame sector
Upfront Healthcare Services, Inc.HealthtechSeries C$94.1M$34.5Msame sector
Neptune Wellness Solutions Inc.HealthtechSeries B$93.7M$46.2Msame sector
Centaur Health Holdings, Inc.HealthtechSeries C$71.0M$38.7Msame sector
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
Halcyon Health, Inc.HealthtechSeed$69.3M86%
HealthSnap, Inc.HealthtechSeries B$183.2M86%
Heka Health, Inc.HealthtechPre-Seed$12.2M85%
Healthe, Inc.HealthtechSeries B$465.2M85%
Banjo Health Inc.HealthtechSeries A$19.7M85%
Kyan Health, Inc.HealthtechSeries A$48.5M85%
Healthie Inc.HealthtechSeed$29.8M85%
Better Health Technologies Inc.HealthtechSeries A$211.9M85%
Frequently asked
How much funding has Bardavon Health Innovations, Inc. raised?
Bardavon Health Innovations, Inc. has raised approximately $156.8M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Bardavon Health Innovations, Inc.'s estimated valuation?
Provath's modeled valuation for Bardavon Health Innovations, Inc. is approximately $56.8M (modeled range $27.8M–$80.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bardavon Health Innovations, Inc. at?
Bardavon Health Innovations, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Apr 26.
What does Bardavon Health Innovations, Inc. do and where is it based?
Bardavon Health Innovations, Inc. operates in the Healthtech sector, based in OVERLAND PARK.
Explore related

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

Is this your company?

If you work at Bardavon Health Innovations, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.