Diligence memo · auto-generated · as of July 2, 2026
Evolent Health LLC
Evolent Health LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Evolent Health LLC operates in Other Health Care, based in ARLINGTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Evolent Health LLC has raised $221M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $101M on 2013-09-23.
Most recent recorded round closed around 2013-09-23.
Valuation (modeled)modeled
Provath models Evolent Health LLC at approximately $2.3B (range $539M–$5.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series D+ Other Health Care companies in 2013–2015 (16 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 12.8 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Other Health Care peers (5377 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Onex TSG Holdings Corp., BVO Holdings, LLC, Mdp Hc Holdings, Llc, Amsurg Corp, Greatbatch, Inc..
Peoplefiled
7 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.