Companies · Healthtech

Even Health LLC

ANNAPOLIS · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Even Health LLC — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
1
Rounds
Latest step-up
Top 67%
Sector rank · raised
Seed
Latest stage · inferred · Mon Aug 09 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Even Health LLC looks under-valued 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 healthtech sector profile.

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

Under-valued
  • Modeled value is 0.55× the median modeled value of Seed Healthtech companies in 2019–2021 (180 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.9 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Even Health LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
4.9 yr record
Peak capital year was 2021 with $1.5M across 1 filings.
Market position
ahead of 34% of Healthtech peers
Capital scale is ahead of 34% of Healthtech peers; modeled value is above 48% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $1.5M across 1 filings.
  • Largest single filing was $1.5M on 2021-08-09.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
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 Healthtech

Even Health LLC is one of 2138 Healthtech companies tracked from ANNAPOLIS. By capital raised it ranks in the long tail (ahead of 34% of sector peers), and mid-pack 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
1
Investors (latest)
2019
Year incorporated
2021-08-09
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$13M$25M$38M$50MSeed · 2021-08-09 Raised $1.5M (real) Modeled valuation $25M (est)$1.5M$25MSeed2021

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
Seed$1.5M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$25.3M
Base estimate est.
$1.3M
Conservative case
$147.5M
Upside case
$7.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.57×/yr
Annual markup
2.05×/yr upside case
4.9 yr
Elapsed time used
4.9 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.9 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 0.3× of median
This company$1.5M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.8× of median
This company$1.5M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$25.3M
Sector median$33.8M

Raised more than 34% of sector peers (real $). Modeled value above 48% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #146 of 180.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Hippo Health, Inc. · Seed Raised $4.0M · modeled $110.9M (est)Primacy Health Inc. · Seed Raised $4.0M · modeled $110.9M (est)Ursa Major Natural Care, Inc. · Seed Raised $4.0M · modeled $110.9M (est)Able Health Inc. · Seed Raised $3.9M · modeled $107.5M (est)Gentem Health Inc · Seed Raised $3.8M · modeled $105.1M (est)Insight Medical Holdings, LLC · Seed Raised $3.8M · modeled $104.0M (est)Paragon Southwest Medical Waste, LLC · Seed Raised $6.7M · modeled $101.6M (est)Fresenius Medical Care Sloans Lake, LLC · Seed Raised $3.6M · modeled $99.2M (est)Karuna Health, Inc. · Seed Raised $4.7M · modeled $97.0M (est)Fresenius Medical Care Fairmount Heights, LLC · Seed Raised $3.4M · modeled $93.0M (est)WELL Health Technologies Corp. · Seed Raised $3.7M · modeled $92.8M (est)Fresenius Medical Care Rock Quarry, LLC · Seed Raised $3.3M · modeled $92.5M (est)Even Health LLC (this company) Raised $1.5M · modeled $25.3M (est)Even Health LLC
CompanyStageRaised · realValue · estvs peer med.
Hippo Health, Inc.Seed$4.0M$110.9M2.42×
Primacy Health Inc.Seed$4.0M$110.9M2.42×
Ursa Major Natural Care, Inc.Seed$4.0M$110.9M2.42×
Able Health Inc.Seed$3.9M$107.5M2.34×
Gentem Health IncSeed$3.8M$105.1M2.29×
Insight Medical Holdings, LLCSeed$3.8M$104.0M2.27×
Paragon Southwest Medical Waste, LLCSeed$6.7M$101.6M2.21×
Fresenius Medical Care Sloans Lake, LLCSeed$3.6M$99.2M2.16×
Karuna Health, Inc.Seed$4.7M$97.0M2.12×
Fresenius Medical Care Fairmount Heights, LLCSeed$3.4M$93.0M2.03×
WELL Health Technologies Corp.Seed$3.7M$92.8M2.02×
Fresenius Medical Care Rock Quarry, LLCSeed$3.3M$92.5M2.01×
Even Health LLC this companySeed$1.5M$25.3M0.55×
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.
Seed$1.5M2021-08-09$7.5M$25.3M90%
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. Seed$1.5M2021-08-09
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$2.4M
Modeled next size est.range $1.6M$3.8M
Last step-up
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
David Black1 other2021-08
Registry & provenance

Even Health LLC 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
1879696
SEC CIK
2019
Incorporated
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
APPARATUS Medical Management, LLCHealthtechSeed$1.5M$33.3Msame sector · same stage
Core Consumer Healthcare LlcHealthtechSeed$1.5M$25.5Msame sector · same stage
DoxxHealthtechSeed$1.5M$17.8Msame sector · same stage
Gatc Db Care CorpHealthtechSeed$1.5M$28.8Msame sector · same stage
HealthTrackaHealthtechSeed$1.5M$17.1Msame sector · same stage
Lapa Health I LlcHealthtechSeed$1.5M$20.5Msame sector · same stage
Play-it Health, Inc.HealthtechSeed$1.5M$28.3Msame sector · same stage
Spora Health, Inc.HealthtechSeed$1.5M$31.8Msame 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
WELL Health Technologies Corp.HealthtechSeed$92.8M88%
True Health Inc.HealthtechSeries A$181.7M87%
True Health Group LLCHealthtechSeries D+$4.0B87%
Care One Services LLCHealthtechPre-Seed$7.8M87%
Innovative Health LlcHealthtechSeries A$112.9M87%
Unique Medical Services, LLCHealthtechPre-Seed$32.8M86%
Together Health, Inc.HealthtechPre-Seed$813K86%
Ohm Health, Inc.HealthtechPre-Seed$718K86%
Frequently asked
How much funding has Even Health LLC raised?
Even Health LLC has raised approximately $1.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Even Health LLC's estimated valuation?
Provath's modeled valuation for Even Health LLC is approximately $25.3M (modeled range $1.3M–$147.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Even Health LLC at?
Even Health LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Aug 09.
What does Even Health LLC do and where is it based?
Even Health LLC operates in the Healthtech sector, based in ANNAPOLIS.
Explore related

See where Even Health LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Even Health LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.