Companies · Healthtech

Harvest Health & Recreation Inc.

TEMPE · Healthtech · refined from filed group “Other

Diligence memoA one-page analyst read on Harvest Health & Recreation Inc. — recommendation, valuation, rhythm, risks.
$65.2M
Total raised · real
4
Rounds
3.6×
Latest step-up
Top 8%
Sector rank · raised
Series C
Latest stage · inferred · Fri Jul 16 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Harvest Health & Recreation Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the healthtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.01× the median modeled value of Series C Healthtech companies in 2019–2021 (33 peers) — value vs value, same stage and era.
  • Issuer reports $100M+ revenue while modeled below niche peers.
Dormant
  • Last raise 5.0 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Healthtech

Harvest Health & Recreation Inc. is one of 2138 Healthtech companies tracked from TEMPE. By capital raised it ranks among the largest (ahead of 93% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$100M+
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2021-07-16
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries A · 2020-01-24 Raised $5.1M (real) Modeled valuation $116M (est)$5.1M$116MSeries A2020Series C · 2020-03-11 Raised $59M (real) Modeled valuation $1.5B (est)$59M$1.5BSeries C2020Series C · 2020-10-28 Raised $170K (real) Modeled valuation $4.0M (est)$170K$4.0MSeries C2020Series C · 2021-07-16 Raised $605K (real) Modeled valuation $12M (est)$605K$12MSeries C2021+$59M+$170K+$605KCumulative $65M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.1M · 2020
Series C$59.3M · 2020no Series B on file
Series C extension$170K · 2020
Series C extension$605K · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$11.6M
Base estimate est.
$2.2M
Conservative case
$26.5M
Upside case
$4.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Series A · modeled $116.2M · 2020-01-242020Series C · modeled $1.5B · 2020-03-11Series C · modeled $4.0M · 2020-10-28Series C · modeled $11.6M · 2021-07-162021
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
73%
Survival probability
55% low · 85% high
1.32×/yr
Annual markup
1.51×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$44.2M/yr
Capital velocity
6.4 yr
On record since
2020
First round
4
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 15× above median
This company$65.2M
Sector median$4.5M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$605K
Sector median$46.5M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$11.6M
Sector median$33.8M

Raised more than 93% of sector peers (real $). Modeled value above 35% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #33 of 33.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Virta Health Corp. · Series C Raised $122.0M · modeled $2.4B (est)Fresenius Medical Care Voorhees, LLC · Series C Raised $71.1M · modeled $1.8B (est)Clear Health Pass Holdings LLC · Series C Raised $100.0M · modeled $1.8B (est)Zealth, Inc. · Series C Raised $95.0M · modeled $1.7B (est)Jawbone Health Hub, Inc. · Series C Raised $65.4M · modeled $1.7B (est)Boston Health Economic Holdings, LLC · Series C Raised $63.0M · modeled $1.6B (est)PWN Health Holdings, Inc. · Series C Raised $61.8M · modeled $1.5B (est)Quartet Health, Inc. · Series C Raised $127.0M · modeled $1.4B (est)Workit Health, Inc. · Series C Raised $87.9M · modeled $1.4B (est)Ajax Health II LLC · Series C Raised $51.0M · modeled $1.3B (est)Eden Health, Inc. · Series C Raised $73.4M · modeled $1.3B (est)NeuSpera Medical Inc. · Series C Raised $88.6M · modeled $1.3B (est)Harvest Health & Recreation Inc. (this company) Raised $65.2M · modeled $11.6M (est)Harvest Health & Recreation Inc.
CompanyStageRaised · realValue · estvs peer med.
Virta Health Corp.Series C$122.0M$2.4B2.19×
Fresenius Medical Care Voorhees, LLCSeries C$71.1M$1.8B1.67×
Clear Health Pass Holdings LLCSeries C$100.0M$1.8B1.67×
Zealth, Inc.Series C$95.0M$1.7B1.55×
Jawbone Health Hub, Inc.Series C$65.4M$1.7B1.54×
Boston Health Economic Holdings, LLCSeries C$63.0M$1.6B1.48×
PWN Health Holdings, Inc.Series C$61.8M$1.5B1.39×
Quartet Health, Inc.Series C$127.0M$1.4B1.29×
Workit Health, Inc.Series C$87.9M$1.4B1.27×
Ajax Health II LLCSeries C$51.0M$1.3B1.20×
Eden Health, Inc.Series C$73.4M$1.3B1.19×
NeuSpera Medical Inc.Series C$88.6M$1.3B1.19×
Harvest Health & Recreation Inc. this companySeries C$65.2M$11.6M0.01×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.1M2020-01-24$23.4M$116.2M90%
Series C$59.3M2020-03-11$395.3M$1.5B90%
Series C$170K2020-10-28$1.1M$4.0M90%
Series C$605K2021-07-16$4.0M$11.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.1M2020-01-24
    • First recorded raise — entered as Series A.
    • 4 investors on this round.
  2. Series C$59.3M2020-03-11
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 11.5× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Series C$170K2020-10-28
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 349.0× smaller than the prior — bridge or down round.
    • Revenue band moved $25M–$100M → $100M+.
    • 1 investor on this round.
  4. Series C$605K2021-07-16
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~6mo cadence
$1.8M
Modeled next size est.range $1.2M$2.9M
3.6×
Last step-up
$44.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Steven White3 other2020-01
Steve White2 other2020-10
Jason Vedadi1 other2020-01
Ana Dutra2020-01
Ana Neal Dutra2020-10
Deborah Neal Keeley2020-10
Elroy Sailor2020-01
Eula Adams2020-01
Eula Neal Adams2020-10
Irina Neal Kranz2020-10
Joe Neal Sai2020-10
Leo Jaschke2020-01
Mark Barnard2020-01
Mark Neal Barnard2020-10
Nicole Neal Stanton2020-10
Ron Neal Goodson2020-10
Scott Neal Atkison2020-10
Registry & provenance

Harvest Health & Recreation Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1760439
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Vector Intelligent Solutions, LLCOtherSeries C$43.1M$739.0Mnetwork1 shared operator · same stage
Salucro Healthcare Solutions, LlcHealthtechSeries B$63.4M$10.3Msame sector
ExThera Medical CorpHealthtechSeries B$62.8M$10.0Msame sector
Pursuant Health, Inc.HealthtechSeries A$75.5M$12.7Msame sector
Gatc Health CorpHealthtechSeries B$52.4M$5.6Msame sector
Foresee Medical, Inc.HealthtechSeries A$45.9M$6.1Msame sector
Micro Medical Solutions, Inc.HealthtechSeries B$43.3M$10.2Msame sector
Element3 Health, Inc.HealthtechSeries B$33.7M$13.1Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
HealthJoy, Inc.HealthtechSeries B$743.5M81%
Harvest Direct Enterprises LLCOther TechnologySeed$11.6M81%
Form Health, Inc.HealthtechSeries C$370.2M81%
Harvest Profit, Inc.Other TechnologyPre-Seed$9.5M81%
All Inspire Health, Inc.HealthtechSeries C$550.2M81%
Health Recovery Solutions, Inc.HealthtechSeries B$505.9M81%
Health & Technologies IncHealthtechPre-Seed$7.5M80%
HealthReveal, Inc.HealthtechSeries B$659.2M80%
Frequently asked
How much funding has Harvest Health & Recreation Inc. raised?
Harvest Health & Recreation Inc. has raised approximately $65.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Harvest Health & Recreation Inc.'s estimated valuation?
Provath's modeled valuation for Harvest Health & Recreation Inc. is approximately $11.6M (modeled range $2.2M–$26.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Harvest Health & Recreation Inc. at?
Harvest Health & Recreation Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Jul 16.
What does Harvest Health & Recreation Inc. do and where is it based?
Harvest Health & Recreation Inc. operates in the Healthtech sector, based in TEMPE.
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