Diligence memo · auto-generated · as of July 2, 2026
Grand Rounds, Inc.
Grand Rounds, Inc. has raised $904M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Grand Rounds, Inc. operates in Hospitals and Physicians, based in SAN FRANCISCO. Grand Rounds unites physicians through shared insight and conversation, helping restore connection, purpose, and confidence in medicine.
Sub-sector tags: healthtech, insurance.
Capital & rounds (filed)filed
Grand Rounds, Inc. has raised $904M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $889M on 2021-05-10.
Most recent recorded round closed around 2021-05-24.
Valuation (modeled)modeled
Provath models Grand Rounds, Inc. at approximately $290M (range $115M–$484M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 0 months.
Last raise 5.1 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 58.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: ALLIED PHYSICIANS OF CALIFORNIA, A PROFESSION MEDICAL Corp, Village Practice Management Company, LLC.
Peoplefiled
10 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.