Companies · Healthtech

Helium HealthSummer 2017Active

LA · Nigeria · Healthtech · founded 2017 · https://heliumhealth.com/

Diligence memoA one-page analyst read on Helium Health — recommendation, valuation, rhythm, risks.
$10.0M
Total raised · real
1
Rounds
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Thu May 07 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Helium Health looks over-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.

Over-valued
  • Modeled value is 1.93× the median modeled value of Series A Healthtech companies in 2019–2021 (124 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.2 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.
Where it sits in Healthtech

Helium Health is one of 2138 Healthtech companies tracked from LA, Nigeria, on record since 2017. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and in the upper tier by modeled valuation est..

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

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Africa's #1 healthcare technology provider.

Helium Health provides a suite of digital health tools for healthcare providers, payers and patients across Africa — most prominent of which is our maiden electronic medical records (EMR) & hospital management information system (HMIS) for emerging markets, HeliumOS. We offer business loans to healthcare providers through our HeliumCredit product. We also work with donors and governments in executing public health strategies. Finally, we have built the largest healthcare data repository on Africans with over 1 million health records.

Healthcarehealthtech
Find Helium Health online

As reported in public records reported — not modeled.

NG
Jurisdiction
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$125M$250M$375M$500MSeries A · 2020-05-07 Raised $10M (real) Modeled valuation $226M (est)$10M$226MSeries A2020

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$10.0M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$225.7M
Base estimate est.
$12.8M
Conservative case
$1.2B
Upside case
$45.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
6.0 yr
Elapsed time used
6.2 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
6.2 yr
On record since
2020
First round
1
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) 2.2× above median
This company$10.0M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$10.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 6.7× above median
This company$225.7M
Sector median$33.8M

Raised more than 69% of sector peers (real $). Modeled value above 87% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #17 of 124.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Itamar Medical Ltd. · Series A Raised $14.7M · modeled $331.4M (est)ChartSpan Medical Technologies, Inc. · Series A Raised $14.7M · modeled $330.7M (est)4G Clinical, LLC · Series A Raised $24.3M · modeled $330.0M (est)Wellness Group Investors, LLC · Series A Raised $14.0M · modeled $294.5M (est)Avation Medical, Inc. · Series A Raised $12.9M · modeled $291.8M (est)Fresenius Medical Care Baldwin County, LLC · Series A Raised $12.8M · modeled $289.6M (est)Blue Ox Healthcare Partners SP, LLC · Series A Raised $12.6M · modeled $284.7M (est)LIBERTY DENTAL PLAN Corp · Series A Raised $11.8M · modeled $266.3M (est)Decisio Health, Inc. · Series A Raised $14.6M · modeled $264.3M (est)emPower Health Equity, Inc. · Series A Raised $11.2M · modeled $253.4M (est)Insightin Health Inc · Series A Raised $12.4M · modeled $234.7M (est)Edifice Health, Inc. · Series A Raised $13.8M · modeled $233.8M (est)Helium Health (this company) Raised $10.0M · modeled $225.7M (est)Helium Health
CompanyStageRaised · realValue · estvs peer med.
Itamar Medical Ltd.Series A$14.7M$331.4M2.83×
ChartSpan Medical Technologies, Inc.Series A$14.7M$330.7M2.82×
4G Clinical, LLCSeries A$24.3M$330.0M2.82×
Wellness Group Investors, LLCSeries A$14.0M$294.5M2.51×
Avation Medical, Inc.Series A$12.9M$291.8M2.49×
Fresenius Medical Care Baldwin County, LLCSeries A$12.8M$289.6M2.47×
Blue Ox Healthcare Partners SP, LLCSeries A$12.6M$284.7M2.43×
LIBERTY DENTAL PLAN CorpSeries A$11.8M$266.3M2.27×
Decisio Health, Inc.Series A$14.6M$264.3M2.26×
emPower Health Equity, Inc.Series A$11.2M$253.4M2.16×
Insightin Health IncSeries A$12.4M$234.7M2.00×
Edifice Health, Inc.Series A$13.8M$233.8M2.00×
Helium Health this companySeries A$10.0M$225.7M1.93×
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$10.0M2020-05-07$45.5M$225.7M45%
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$10.0M2020-05-07
    • First recorded raise — entered as Series A.
Intelligence
Modeled next raise
$16.0M
Modeled next size est.range $10.4M$25.6M
Last step-up
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.

Registry & provenance

Helium Health 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
NG
Jurisdiction
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
Cora Health Services IncHealthtechSeries A$10.0M$225.7Msame sector · same stage
InControl Medical, LLCHealthtechSeries A$10.0M$200.2Msame sector · same stage
Keep Healthy, Inc.HealthtechSeries A$10.0M$225.7Msame sector · same stage
PathWell Health Holdings, LLCHealthtechSeries A$10.0M$97.8Msame sector · same stage
Recovery Force Health, LLCHealthtechSeries A$10.0M$225.7Msame sector · same stage
Innovative Long Term Care Management, Inc.HealthtechSeries A$10.0M$225.7Msame sector · same stage
Segmed, Inc.HealthtechSeries A$10.1M$94.9Msame sector · same stage
Leaf Healthcare, Inc.HealthtechSeries A$10.1M$152.5Msame sector · same stage
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
H1
Connecting stakeholders across the healthcare ecosystem.
76%
UV Health Group Inc.HealthtechPre-Seed$10.8M75%
Catalyst Healthcare Ltd.HealthtechSeed$40.7M75%
Onos Health Inc.HealthtechSeries A$23.5M75%
Eugene Health, Inc.HealthtechSeries A$26.0M74%
Olah Healthcare Technology, LLCHealthtechPre-Seed$19.7M74%
Health Gorilla, Inc.HealthtechSeries C$816.3M74%
Electronic Health Record Data, Inc.HealthtechSeed$33.3M74%
Frequently asked
How much funding has Helium Health raised?
Helium Health has raised approximately $10.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Helium Health's estimated valuation?
Provath's modeled valuation for Helium Health is approximately $225.7M (modeled range $12.8M–$1.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Helium Health at?
Helium Health's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu May 07.
What does Helium Health do and where is it based?
Helium Health operates in the Healthtech sector, based in LA, Nigeria. Africa's #1 healthcare technology provider.
Explore related

See where Helium Health sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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