Diligence memo · auto-generated · as of July 2, 2026

Elevate Care International Topco LP

Elevate Care International Topco LP looks over-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Elevate Care International Topco LP operates in Healthtech, based in WASHINGTON.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Elevate Care International Topco LP has raised $98M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $98M on 2023-10-31.

Most recent recorded round closed around 2023-10-31.

Valuation (modeled)modeled

Provath models Elevate Care International Topco LP at approximately $1.0B (range $358M–$1.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.07× the median modeled value of Series C Healthtech companies in 2022–2024 (39 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 2.7 yr ago; this sector typically re-raises about every 14 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 96% of Healthtech peers (2138 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Freedom Dental Funding, LLC, Athelas Inc., Hazel Health, Inc., Health Gorilla, Inc., Employee Health Holdings, LP.

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.