Diligence memo · auto-generated · as of July 2, 2026
Health Scholars, Inc.
Health Scholars, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Health Scholars, Inc. operates in Healthtech, based in WESTMINSTER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Health Scholars, Inc. has raised $13M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.6M on 2019-12-05.
Most recent recorded round closed around 2021-06-09.
Valuation (modeled)modeled
Provath models Health Scholars, Inc. at approximately $90M (range $7.3M–$393M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.77× the median modeled value of Series A Healthtech companies in 2019–2021 (124 peers) — value vs value, same stage and era. Within the normal band (77% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 18 months.
Last raise 5.1 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 74% of Healthtech peers (2138 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: Itamar Medical Ltd., ChartSpan Medical Technologies, Inc., 4G Clinical, LLC, Wellness Group Investors, LLC, Avation Medical, Inc..
Peoplefiled
13 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.