Companies · Other Health Care

EvidenceCare, Inc.

BRENTWOOD · Other Health Care

Diligence memoA one-page analyst read on EvidenceCare, Inc. — recommendation, valuation, rhythm, risks.
$28.0M
Total raised · real
5
Rounds
0.6×
Latest step-up
Top 13%
Sector rank · raised
Series B
Latest stage · inferred · Tue Mar 11 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

EvidenceCare, Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care 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 Series B Other Health Care companies in 2025–2027 (48 peers) — value vs value, same stage and era.
Active
  • Last raise 16 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Other Health Care

EvidenceCare, Inc. is one of 5376 Other Health Care companies tracked from BRENTWOOD. By capital raised it ranks in the upper tier (ahead of 88% 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
66
Investors (latest)
2025-03-11
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$25M$50M$75M$100MPre-Seed · 2017-09-18 Raised $650K (real) Modeled valuation $20M (est)$650K$20MPre-Seed2017Seed · 2019-05-16 Raised $1.8M (real) Modeled valuation $44M (est)$1.8M$44MSeed2019Seed · 2020-04-27 Raised $580K (real) Modeled valuation $14M (est)$580K$14MSeed2020Series B · 2025-03-07 Raised $15M (real) Modeled valuation $82M (est)$15M$82MSeries B2025Series B · 2025-03-11 Raised $9.6M (real) Modeled valuation $51M (est)$9.6M$51MSeries B2025+$1.8M+$580K+$15M+$9.6MCumulative $28M

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
Pre-Seed$650K · 2017
Seed$1.8M · 2019
Seed extension$580K · 2020
Series B$15.4M · 2025no Series A on file
Series B extension$9.6M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$50.7M
Base estimate est.
$22.5M
Conservative case
$79.5M
Upside case
$53.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $20.0M · 2017-09-182017Seed · modeled $44.3M · 2019-05-16Seed · modeled $14.4M · 2020-04-27Series B · modeled $81.5M · 2025-03-07Series B · modeled $50.7M · 2025-03-112025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
1.3 yr
Elapsed time used
1.3 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$3.7M/yr
Capital velocity
8.8 yr
On record since
2017
First round
5
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. 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) 12× above median
This company$28.0M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$9.6M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$50.7M
Sector median$22.1M

Raised more than 88% of sector peers (real $). Modeled value above 68% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #33 of 48.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Imagine Pediatrics Holdings LLC · Series B Raised $37.6M · modeled $201.0M (est)Porter Cares, Inc. · Series B Raised $48.5M · modeled $183.7M (est)True Medicine Inc. · Series B Raised $42.7M · modeled $175.7M (est)CranioVation, Inc. · Series B Raised $56.7M · modeled $174.9M (est)Seriously Clean LTD. · Series B Raised $32.5M · modeled $166.2M (est)Reprieve Cardiovascular, Inc. · Series B Raised $82.4M · modeled $152.9M (est)CODAN US Holding Corp · Series B Raised $27.8M · modeled $144.5M (est)CODAN US Corp · Series B Raised $27.7M · modeled $144.1M (est)Conceivable Life Sciences Inc. · Series B Raised $63.5M · modeled $142.7M (est)KeyCare, Inc. · Series B Raised $54.4M · modeled $142.6M (est)Particle Dynamics Holdings, Inc. · Series B Raised $30.9M · modeled $140.5M (est)EvolvedMD, Inc. · Series B Raised $49.0M · modeled $139.0M (est)EvidenceCare, Inc. (this company) Raised $28.0M · modeled $50.7M (est)EvidenceCare, Inc.
CompanyStageRaised · realValue · estvs peer med.
Imagine Pediatrics Holdings LLCSeries B$37.6M$201.0M2.18×
Porter Cares, Inc.Series B$48.5M$183.7M2.00×
True Medicine Inc.Series B$42.7M$175.7M1.91×
CranioVation, Inc.Series B$56.7M$174.9M1.90×
Seriously Clean LTD.Series B$32.5M$166.2M1.81×
Reprieve Cardiovascular, Inc.Series B$82.4M$152.9M1.66×
CODAN US Holding CorpSeries B$27.8M$144.5M1.57×
CODAN US CorpSeries B$27.7M$144.1M1.57×
Conceivable Life Sciences Inc.Series B$63.5M$142.7M1.55×
KeyCare, Inc.Series B$54.4M$142.6M1.55×
Particle Dynamics Holdings, Inc.Series B$30.9M$140.5M1.53×
EvolvedMD, Inc.Series B$49.0M$139.0M1.51×
EvidenceCare, Inc. this companySeries B$28.0M$50.7M0.55×
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.
Pre-Seed$650K2017-09-18$3.6M$20.0M90%
Seed$1.8M2019-05-16$8.9M$44.3M90%
Seed$580K2020-04-27$2.9M$14.4M90%
Series B$15.4M2025-03-07$85.3M$81.5M90%
Series B$9.6M2025-03-11$53.3M$50.7M90%
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. Pre-Seed$650K2017-09-18
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Seed$1.8M2019-05-16
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Seed$580K2020-04-27
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  4. Series B$15.4M2025-03-07
    • Raised again after 58 mo — slower than the ~14 mo sector norm.
    • Round 26.5× larger than the prior — scaling up.
    • 34 investors on this round.
  5. Series B$9.6M2025-03-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 66 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~22mo cadence
$9.6M
Modeled next size est.range $9.6M$15.3M
0.6×
Last step-up
$3.7M/yr
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
Curt Futch2 other2025-03
Dave Vreeland2 other2019-05
Donald Lazas1 other2020-04
Melinda Hancock1 other2025-03
William Sheahan1 other2020-04
Bill Sheehan2019-05
Bo Wilkes2025-03
Brian Fengler2017-09
Britt Groomes2020-04
Cyril Philip2025-03
David Vreeland2020-04
Don Lazas2017-09
James Jamieson2017-09
Judson Ivy2019-05
Justin McGoldrick2020-04
Samuel Bartholomew2025-03
Registry & provenance

EvidenceCare, Inc. 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
1718039
SEC CIK
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
Her M.D., Inc.Other Health CareSeries B$26.4M$52.4Msame sector · same stage
MindCare Solutions Group, Inc.Other Health CareSeries B$30.5M$55.4Msame sector · same stage
PreciseDx, Inc.Other Health CareSeries B$32.0M$55.7Msame sector · same stage
SCIOinspire Holdings IncOther Health CareSeries B$22.9M$44.3Msame sector · same stage
Cleveland HeartLab, Inc.Other Health CareSeries B$35.8M$61.0Msame sector · same stage
Center for Orthopedic & Research Excellence, Inc.Other Health CareSeries B$38.2M$48.7Msame sector · same stage
Corus Orthodontists Inc.Other Health CareSeries B$38.5M$48.0Msame sector · same stage
Iscience Interventional CorpOther Health CareSeries B$40.3M$61.1Msame 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
Evidence-Based Practice Institute, Inc.OtherPre-Seed$265K85%
MedCare Partners, Inc.Other Health CareSeries A$29.3M84%
HomeCare Advocacy Network, Inc.Other Health CarePre-Seed$8.9M84%
eHealth, Inc.Other Health CareSeries D+$4.4B84%
AdvocateMH Inc.Other Health CareSeries A$23.8M84%
Practice Interactive, IncOther Health CareSeries A$2.0M83%
NOWDiagnostics, Inc.Other Health CareSeries B$420.4M83%
UpHealth, Inc.Other Health CareSeries A$34.7M83%
Frequently asked
How much funding has EvidenceCare, Inc. raised?
EvidenceCare, Inc. has raised approximately $28.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is EvidenceCare, Inc.'s estimated valuation?
Provath's modeled valuation for EvidenceCare, Inc. is approximately $50.7M (modeled range $22.5M–$79.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is EvidenceCare, Inc. at?
EvidenceCare, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Mar 11.
What does EvidenceCare, Inc. do and where is it based?
EvidenceCare, Inc. operates in the Other Health Care sector, based in BRENTWOOD.
Explore related

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

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