Diligence memo · auto-generated · as of July 2, 2026
Ilara Health
Ilara Health looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Ilara Health operates in Medical Devices, based in Africa. Kenyan startup Ilara Health, which is bringing affordable diagnostics services to doctors, has raised a US$735,000 seed funding round.
Sub-sector tags: medical-devices.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ilara Health has raised $735K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $735K on 2019-08-08.
Most recent recorded round closed around 2019-08-08.
Valuation (modeled)modeled
Provath models Ilara Health at approximately $22M (range $595K–$171M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.52× the median modeled value of Seed Medical Devices companies in 2019–2021 (23 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.9 yr ago; this sector typically re-raises about every 16 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 36% of Medical Devices peers (233 compared).
Modeled value ranks above 62% of those peers.
Closest niche peers: Gradian Diagnostics Inc, Regent Surgical Health Intermediate Holdings, Inc., Caliber Imaging & Diagnostics, Inc., Dxterity Diagnostics Inc, Sure Count Surgical, LLC.
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.