Diligence memo · auto-generated · as of July 3, 2026
Great Lakes Healthcare Fund I, LLC
Great Lakes Healthcare Fund I, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Great Lakes Healthcare Fund I, LLC operates in Other Health Care, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Great Lakes Healthcare Fund I, LLC has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2010-10-01.
Most recent recorded round closed around 2010-10-01.
Valuation (modeled)modeled
Provath models Great Lakes Healthcare Fund I, LLC at approximately $31M (range $627K–$349M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.33× the median modeled value of Pre-Seed Other Health Care companies in 2010–2012 (351 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 15.7 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 35% of Other Health Care peers (5377 compared).
Modeled value ranks above 59% of those peers.
Closest niche peers: Chrysallis, Inc., RefillDRS, LLC, Ageology LLC, CreateHealth, Inc., PHHC Investors II, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.