Diligence memo · auto-generated · as of July 3, 2026

Form Health, Inc.

Form Health, Inc. looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 1.3× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Form Health, Inc. operates in Healthtech, based in Boston.

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

Capital & rounds (filed)filed

Form Health, Inc. has raised $76M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $43M on 2024-06-12.

Most recent recorded round closed around 2024-06-12.

Valuation (modeled)modeled

Provath models Form Health, Inc. at approximately $370M (range $156M–$567M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.76× the median modeled value of Series C Healthtech companies in 2022–2024 (39 peers) — value vs value, same stage and era. Within the normal band (76% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 10 months.

Last raise 2.1 yr ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

The last round stepped up 1.3× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 95% of Healthtech peers (2138 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: Freedom Dental Funding, LLC, Elevate Care International Topco LP, Athelas Inc., Hazel Health, Inc., Health Gorilla, Inc..

Peoplefiled

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

Risks & flagsmixed

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