Diligence memo · auto-generated · as of July 2, 2026
Essential Remedium Corp.
Essential Remedium Corp. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Essential Remedium Corp. operates in Other Health Care, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Essential Remedium Corp. has raised $375K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $250K on 2016-12-13.
Most recent recorded round closed around 2016-12-13.
Valuation (modeled)modeled
Provath models Essential Remedium Corp. at approximately $7.7M (range $157K–$87M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.71× the median modeled value of Pre-Seed Other Health Care companies in 2016–2018 (299 peers) — value vs value, same stage and era. Within the normal band (71% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 9.5 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 17% of Other Health Care peers (5377 compared).
Modeled value ranks above 30% of those peers.
Closest niche peers: PortCo, LP, Brogent International LLC, ShiftWizard, Inc., Audio Bionics International Inc., USRC East Dallas, LLC.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.