Diligence memo · auto-generated · as of July 3, 2026
Kindly MD, Inc.
Kindly MD, Inc. has raised $764M over 4 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Kindly MD, Inc. operates in Hospitals and Physicians, based in SALT LAKE CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kindly MD, Inc. has raised $764M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $712M on 2025-05-13.
Most recent recorded round closed around 2025-06-19.
Valuation (modeled)modeled
Provath models Kindly MD, Inc. at approximately $532M (range $394M–$626M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 12 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 13.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Transformer TX Holdings, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.