Diligence memo · auto-generated · as of July 2, 2026
Care Papers, Inc.
Care Papers, Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Care Papers, Inc. operates in Healthtech, based in SEATTLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Care Papers, Inc. has raised $2.4M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2021-12-30.
Most recent recorded round closed around 2025-06-06.
Valuation (modeled)modeled
Provath models Care Papers, Inc. at approximately $1.0M (range $235K–$2.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.31× the median modeled value of Pre-Seed Healthtech companies in 2025–2027 (43 peers) — value vs value, same stage and era. Within the normal band (131% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 13 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 41% of Healthtech peers (2138 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: Impulse Medical, Inc., HCSVS Mental Health Telemedicine Startup P.B.C., Elevate Clinical Research, Inc., Freedom Health Management, LLC, Imagen Preferred Dental Support Services, LLC.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.