Companies · Healthtech

Hey Healthcare, Inc.Summer 2019Inactive

SAN FRANCISCO · CA, USA; Remote · Healthtech · refined from filed group “Other Technology · founded 2019 · https://andrewcoyle.com/health-tech.html

Diligence memoA one-page analyst read on Hey Healthcare, Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 63%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Aug 23 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Hey Healthcare, Inc. 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 3.33× the median modeled value of Pre-Seed Healthtech companies in 2019–2021 (139 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.9 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

Hey Healthcare, Inc. is one of 2138 Healthtech companies tracked from SAN FRANCISCO, CA, USA; Remote, on record since 2019. By capital raised it ranks in the long tail (ahead of 38% of sector peers), and mid-pack by modeled valuation est..

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

B2B
Find Hey Healthcare, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
$0–$1M
Issuer revenue
Rule 504
Reg D exemption
3
Investors (latest)
2018
Year incorporated
2019-08-23
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$13M$25M$38M$50MPre-Seed · 2019-08-14 Raised $1.0M (real) Modeled valuation $34M (est)$1.0M$34MPre-Seed2019Pre-Seed · 2019-08-23 Raised $1.0M (real) Modeled valuation $34M (est)$1.0M$34MPre-Seed2019+$1.0MCumulative $2.0M

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
Pre-Seed$1.0M · 2019
Pre-Seed extension$1.0M · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$34.5M
Base estimate est.
$627K
Conservative case
$390.9M
Upside case
$5.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $34.5M · 2019-08-142019Pre-Seed · modeled $34.5M · 2019-08-232019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.67×/yr
Annual markup
2.27×/yr upside case
6.0 yr
Elapsed time used
6.9 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
6.9 yr
On record since
2019
First round
2
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) 0.4× of median
This company$2.0M
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.7× above median
This company$1.0M
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$34.5M
Sector median$33.8M

Raised more than 38% of sector peers (real $). Modeled value above 55% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #7 of 139.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Levin Eye Care LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Medical Records Now, Inc. · Pre-Seed Raised $2.0M · modeled $34.5M (est)Emf Medical Devices Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)Miracle Leaf Health Centers, Corp. · Pre-Seed Raised $1.0M · modeled $34.5M (est)PRINE Health Holdings, LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)nView medical Inc. · Pre-Seed Raised $1.5M · modeled $34.5M (est)Merrimac Medical Investors, LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Texas Health Surgery Center Southwest Fort Worth, LLC · Pre-Seed Raised $980K · modeled $33.8M (est)Veritas Medical Solutions LLC · Pre-Seed Raised $1.0M · modeled $31.5M (est)HealthTech Arkansas Investments LLC · Pre-Seed Raised $815K · modeled $28.1M (est)Medical Ingenuities, LLC · Pre-Seed Raised $997K · modeled $26.9M (est)Hey Healthcare, Inc. (this company) Raised $2.0M · modeled $34.5M (est)Hey Healthcare, Inc.
CompanyStageRaised · realValue · estvs peer med.
Levin Eye Care LLCPre-Seed$1.0M$34.5M3.33×
Medical Records Now, Inc.Pre-Seed$2.0M$34.5M3.33×
Emf Medical Devices Inc.Pre-Seed$1.0M$34.5M3.33×
Miracle Leaf Health Centers, Corp.Pre-Seed$1.0M$34.5M3.33×
PRINE Health Holdings, LLCPre-Seed$1.0M$34.5M3.33×
nView medical Inc.Pre-Seed$1.5M$34.5M3.33×
Hey Healthcare, Inc. this companyPre-Seed$2.0M$34.5M3.33×
Merrimac Medical Investors, LLCPre-Seed$1.0M$34.5M3.33×
Texas Health Surgery Center Southwest Fort Worth, LLCPre-Seed$980K$33.8M3.27×
Veritas Medical Solutions LLCPre-Seed$1.0M$31.5M3.04×
HealthTech Arkansas Investments LLCPre-Seed$815K$28.1M2.72×
Medical Ingenuities, LLCPre-Seed$997K$26.9M2.60×
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.
Pre-Seed$1.0M2019-08-14$5.6M$34.5M90%
Pre-Seed$1.0M2019-08-23$5.6M$34.5M90%
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. Pre-Seed$1.0M2019-08-14
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$1.0M2019-08-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~0mo cadence
$1.0M
Modeled next size est.range $1.0M$1.6M
1.0×
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.

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
Andrew Coyle2019-08
Evelyn Gillie2019-08
Registry & provenance

Hey Healthcare, 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
1787040
SEC CIK
2018
Incorporated
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
Medical Records Now, Inc.HealthtechPre-Seed$2.0M$34.5Msame sector · same stage
Vigor Medical Systems, Inc.HealthtechPre-Seed$1.8M$20.3Msame sector · same stage
Primus Healthcare Holdings, LLCHealthtechPre-Seed$2.4M$30.2Msame sector · same stage
nView medical Inc.HealthtechPre-Seed$1.5M$34.5Msame sector · same stage
Healthcare Sales Enablement Inc.HealthtechPre-Seed$1.3M$30.0Msame sector · same stage
VPG Medical Inc.HealthtechPre-Seed$1.1M$20.7Msame sector · same stage
Olah Healthcare Technology, LLCHealthtechPre-Seed$1.1M$19.7Msame sector · same stage
Caddo Medical Technologies LLCHealthtechPre-Seed$1.0M$34.5Msame 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
Healthcare, Inc.HealthtechSeries D+$4.0B88%
Nice Healthcare Management Company, Inc.HealthtechSeries A$22.7M85%
Healthie Inc.HealthtechSeed$29.8M85%
What About Health, Inc.HealthtechPre-Seed$7.6M84%
Go 2 Care, Inc.HealthtechPre-Seed$3.4M84%
Surely Health, Inc.HealthtechSeries B$59.0M84%
Healthe, Inc.HealthtechSeries B$465.2M84%
Develop Health Inc.HealthtechSeries B$87.4M83%
Frequently asked
How much funding has Hey Healthcare, Inc. raised?
Hey Healthcare, Inc. has raised approximately $2.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Hey Healthcare, Inc.'s estimated valuation?
Provath's modeled valuation for Hey Healthcare, Inc. is approximately $34.5M (modeled range $627K–$390.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hey Healthcare, Inc. at?
Hey Healthcare, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Aug 23.
What does Hey Healthcare, Inc. do and where is it based?
Hey Healthcare, Inc. operates in the Healthtech sector, based in SAN FRANCISCO, CA, USA; Remote.
Explore related

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

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