Companies · Other Health Care

ConnectRN, Inc.

WALTHAM · Other Health Care

Diligence memoA one-page analyst read on ConnectRN, Inc. — recommendation, valuation, rhythm, risks.
$102.7M
Total raised · real
5
Rounds
5.7×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 03 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

ConnectRN, Inc. looks fair 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 health care sector profile.

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

Fair
  • Modeled value is 1.03× the median modeled value of Series C Other Health Care companies in 2019–2021 (46 peers) — value vs value, same stage and era.
  • Within the normal band (103% of peer median) for its niche.
Dormant
  • Last raise 4.6 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 Other Health Care

ConnectRN, Inc. is one of 5376 Other Health Care companies tracked from WALTHAM. By capital raised it ranks among the largest (ahead of 96% 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
25
Investors (latest)
2021-12-03
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$500M$1.0B$1.5B$2.0BPre-Seed · 2016-04-28 Raised $500K (real) Modeled valuation $15M (est)$500K$15MPre-Seed2016Seed · 2017-05-03 Raised $2.5M (real) Modeled valuation $63M (est)$2.5M$63MSeed2017Series A · 2018-05-17 Raised $12M (real) Modeled valuation $233M (est)$12M$233MSeries A2018Series A · 2021-04-06 Raised $13M (real) Modeled valuation $202M (est)$13M$202MSeries A2021Series C · 2021-12-03 Raised $75M (real) Modeled valuation $1.2B (est)$75M$1.2BSeries C2021+$2.5M+$12M+$13M+$75MCumulative $103M

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
Pre-Seed$500K · 2016
Seed$2.5M · 2017
Series A$11.5M · 2018
Series A extension$13.1M · 2021
Series C$75.0M · 2021no Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$1.2B
Base estimate est.
$272.7M
Conservative case
$2.6B
Upside case
$500.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $15.4M · 2016-04-282016Seed · modeled $62.6M · 2017-05-03Series A · modeled $232.6M · 2018-05-17Series A · modeled $201.6M · 2021-04-06Series C · modeled $1.2B · 2021-12-032021
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
73%
Survival probability
55% low · 85% high
1.29×/yr
Annual markup
1.48×/yr upside case
4.6 yr
Elapsed time used
4.6 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$18.3M/yr
Capital velocity
10.2 yr
On record since
2016
First round
5
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. 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) 42× above median
This company$102.7M
Sector median$2.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.6× above median
This company$75.0M
Sector median$45.9M
Modeled value — vs sector median (estimate, all stages) 54× above median
This company$1.2B
Sector median$22.1M

Raised more than 96% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #18 of 46.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Avail Medsystems, Inc. · Series C Raised $126.7M · modeled $2.2B (est)Whoop, Inc. · Series C Raised $180.4M · modeled $2.1B (est)HRGi Holdings, Inc. · Series C Raised $91.2M · modeled $2.1B (est)Ambulnz, Inc. · Series C Raised $90.0M · modeled $2.1B (est)MedAvail, Inc. · Series C Raised $97.0M · modeled $2.0B (est)SOC Telemed, Inc. · Series C Raised $103.0M · modeled $1.9B (est)Eargo, Inc. · Series C Raised $187.4M · modeled $1.8B (est)Truth Holdings, L.P. · Series C Raised $88.8M · modeled $1.6B (est)NeuroPace Inc · Series C Raised $208.6M · modeled $1.5B (est)DermTech, Inc. · Series C Raised $98.9M · modeled $1.5B (est)Mydna, Inc · Series C Raised $72.1M · modeled $1.4B (est)Ancora Heart, Inc. · Series C Raised $151.3M · modeled $1.4B (est)ConnectRN, Inc. (this company) Raised $102.7M · modeled $1.2B (est)ConnectRN, Inc.
CompanyStageRaised · realValue · estvs peer med.
Avail Medsystems, Inc.Series C$126.7M$2.2B1.87×
Whoop, Inc.Series C$180.4M$2.1B1.81×
HRGi Holdings, Inc.Series C$91.2M$2.1B1.81×
Ambulnz, Inc.Series C$90.0M$2.1B1.79×
MedAvail, Inc.Series C$97.0M$2.0B1.75×
SOC Telemed, Inc.Series C$103.0M$1.9B1.65×
Eargo, Inc.Series C$187.4M$1.8B1.61×
Truth Holdings, L.P.Series C$88.8M$1.6B1.43×
NeuroPace IncSeries C$208.6M$1.5B1.33×
DermTech, Inc.Series C$98.9M$1.5B1.29×
Mydna, IncSeries C$72.1M$1.4B1.26×
Ancora Heart, Inc.Series C$151.3M$1.4B1.24×
ConnectRN, Inc. this companySeries C$102.7M$1.2B1.03×
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.
Pre-Seed$500K2016-04-28$2.8M$15.4M85%
Seed$2.5M2017-05-03$12.6M$62.6M90%
Series A$11.5M2018-05-17$52.4M$232.6M90%
Series A$13.1M2021-04-06$59.7M$201.6M90%
Series C$75.0M2021-12-03$500.3M$1.2B90%
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. Pre-Seed$500K2016-04-28
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Seed$2.5M2017-05-03
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 5.0× larger than the prior — scaling up.
    • 14 investors on this round.
  3. Series A$11.5M2018-05-17
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 4.6× larger than the prior — scaling up.
    • 23 investors on this round.
  4. Series A$13.1M2021-04-06
    • Raised again after 35 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  5. Series C$75.0M2021-12-03
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 25 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~17mo cadence
$225.1M
Modeled next size est.range $146.3M$360.2M
5.7×
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
William Sullivan12 other2018-05
John Pappajohn9 other2017-05
Michael Wood9 other2016-04
Geoffrey Harris3 other2016-04
Idriz Limaj1 other2016-04
Michael Jasulavic1 other2018-05
Peter Biro1 other2018-05
Agron Ademi2016-04
John Yetimoglu2021-12
Ted Jeanloz2021-04
Will Plourde2018-05
Registry & provenance

ConnectRN, 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
1674479
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
Recover Together, Inc.Other Health CareSeries C$102.5M$1.1Bsame sector · same stage
Emmaus Life Sciences, Inc.PharmaceuticalsSeries B$102.9M$2.9Mnetwork2 shared operators
SOC Telemed, Inc.Other Health CareSeries C$103.0M$1.9Bsame sector · same stage
Precision Dermatology, Inc.Other Health CareSeries C$103.4M$1.3Bsame sector · same stage
Yumanity Holdings, LLCOther Health CareSeries C$103.8M$494.4Msame sector · same stage
InfoBionic, Inc.Other Health CareSeries C$103.8M$573.3Msame sector · same stage
Fountain Life, LLCOther Health CareSeries C$103.9M$827.7Msame sector · same stage
Avive Solutions, Inc.Other Health CareSeries C$100.2M$515.4Msame 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
SVRN Enterprises, LLCOther Health CarePre-Seed$689K86%
Vital Connect, Inc.Other Health CareSeries B$548.4M86%
Band Connect Inc.Other Health CareSeed$5.6M84%
Infectious Disease Connect, Inc.Other Health CareSeries A$13.9M84%
Adaptilens, Inc.Other Health CareSeries A$36.0M82%
MedtoMarket, Inc.Other Health CarePre-Seed$7.2M82%
SentryHealth Inc.Other Health CareSeed$56.8M82%
Connective Health, Inc.HealthtechSeed$8.5M82%
Frequently asked
How much funding has ConnectRN, Inc. raised?
ConnectRN, Inc. has raised approximately $102.7M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is ConnectRN, Inc.'s estimated valuation?
Provath's modeled valuation for ConnectRN, Inc. is approximately $1.2B (modeled range $272.7M–$2.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ConnectRN, Inc. at?
ConnectRN, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 03.
What does ConnectRN, Inc. do and where is it based?
ConnectRN, Inc. operates in the Other Health Care sector, based in WALTHAM.
Explore related

See where ConnectRN, 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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