Diligence memo · auto-generated · as of July 2, 2026

Free Flow Medical, Inc.

Free Flow Medical, Inc. looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Free Flow Medical, Inc. operates in Healthtech, based in FREMONT.

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

Capital & rounds (filed)filed

Free Flow Medical, Inc. has raised $10M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.1M on 2023-04-05.

Most recent recorded round closed around 2023-04-05.

Valuation (modeled)modeled

Provath models Free Flow Medical, Inc. at approximately $41M (range $6.6M–$118M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.98× the median modeled value of Series A Healthtech companies in 2022–2024 (190 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 25 months.

Last raise 3.2 yr ago; this sector typically re-raises about every 14 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 2.4× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 70% of Healthtech peers (2138 compared).

Modeled value ranks above 58% of those peers.

Closest niche peers: Nayya Health, Inc., Nue Life Health Inc., W Health Studio, Inc., Avant-garde Health, Inc., Kinetik Healthcare Solutions, Inc.

Peoplefiled

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

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

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