Diligence memo · auto-generated · as of July 2, 2026
Cortica Inc.
Cortica Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Cortica Inc. operates in Other Health Care, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cortica Inc. has raised $211M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $115M on 2023-04-10.
Most recent recorded round closed around 2024-11-08.
Valuation (modeled)modeled
Provath models Cortica Inc. at approximately $758M (range $431M–$1.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.65× the median modeled value of Series D+ Other Health Care companies in 2022–2024 (17 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 20 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Other Health Care peers (5377 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: United Digestive Holdings, LLC, DispatchHealth Holdings, Inc., Zimmer Biomet Holdings, Inc., Main Street Rural, Inc., Richmond Buyer L.P..
Peoplefiled
13 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.