Diligence memo · auto-generated · as of July 2, 2026
Diverge Health, Inc.
Diverge Health, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Diverge Health, Inc. operates in Healthtech, based in GLENCOE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Diverge Health, Inc. has raised $68M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $52M on 2024-10-24.
Most recent recorded round closed around 2024-10-24.
Valuation (modeled)modeled
Provath models Diverge Health, Inc. at approximately $408M (range $190M–$593M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.84× the median modeled value of Series C Healthtech companies in 2022–2024 (39 peers) — value vs value, same stage and era. Within the normal band (84% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 23 months.
Last raise 20 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round stepped up 3.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Healthtech peers (2138 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Freedom Dental Funding, LLC, Elevate Care International Topco LP, Athelas Inc., Hazel Health, Inc., Health Gorilla, Inc..
Peoplefiled
4 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.