Companies · Healthtech

Legion Health, Inc.Summer 2021Active

CARROLLTON · CA, USA · Healthtech · refined from filed group “Other Technology · founded 2021 · https://legionhealth.com

Diligence memoA one-page analyst read on Legion Health, Inc. — recommendation, valuation, rhythm, risks.
$6.1M
Total raised · real
3
Rounds
0.2×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Thu Nov 13 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Legion Health, Inc. looks under-valued against its niche peers and is active 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.

Under-valued
  • Modeled value is 0.21× the median modeled value of Seed Healthtech companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Active
  • Last raise 8 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Legion Health, Inc. is one of 2138 Healthtech companies tracked from CARROLLTON, CA, USA, on record since 2021. By capital raised it ranks mid-pack (ahead of 61% of sector peers), and in the long tail 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

Autonomous medical care

Legion Health is building autonomous medical care, starting with psychiatry. Our AI-native care-delivery platform currently automates 95% of the administrative work required for us to deliver direct patient care. We also became the first company ever to receive regulatory authorization to let AI prescribe psychiatric medications, allowing us to not only collapse health care’s admin costs but also its clinical labor costs—entirely shifting this industry’s economics from humans to tokens.

AIConsumer Health ServicesHealthcareMental HealthTelehealthai/mlhealthtech
Find Legion Health, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2021
Year incorporated
2025-11-13
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$25M$50M$75M$100MSeed · 2021-06-14 Raised $3.7M (real) Modeled valuation $66M (est)$3.7M$66MSeed2021Seed · 2021-06-14 Raised $3.5M (real) Modeled valuation $63M (est)$3.5M$63MSeed2021Seed · 2021-06-14 Raised $2.0M (real) Modeled valuation $36M (est)$2.0M$36MSeed2021Seed · 2024-09-10 Raised $2.0M (real) Modeled valuation $8.6M (est)$2.0M$8.6MSeed2024Seed · 2025-11-13 Raised $410K (real) Modeled valuation $1.0M (est)$410K$1.0MSeed2025+$3.5M+$2.0M+$2.0M+$410KCumulative $12M

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
Seed$3.7M · 2021
Seed extension$3.5M · 2021
Seed extension$2.0M · 2021
Seed extension$2.0M · 2024
Seed extension$410K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$1.0M
Base estimate est.
$347K
Conservative case
$1.9M
Upside case
$2.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $66.3M · 2021-06-142021Seed · modeled $62.7M · 2021-06-14Seed · modeled $36.2M · 2021-06-14Seed · modeled $8.6M · 2024-09-10Seed · modeled $1.0M · 2025-11-132025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.57×/yr
Annual markup
2.05×/yr upside case
0.6 yr
Elapsed time used
0.6 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$1.4M/yr
Capital velocity
5.1 yr
On record since
2021
First round
5
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) 1.4× above median
This company$6.1M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$410K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.0M
Sector median$33.8M

Raised more than 61% of sector peers (real $). Modeled value above 12% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #67 of 77.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Headstart Health, Inc. · Seed Raised $4.0M · modeled $14.5M (est)eMAX Health 2.0 LLC · Seed Raised $3.8M · modeled $13.6M (est)Ezer Health Holdings, Llc · Seed Raised $4.0M · modeled $13.5M (est)Helius Medical Technologies, Inc. · Seed Raised $15.4M · modeled $13.4M (est)LaaSy Health HoldCo Inc. · Seed Raised $3.9M · modeled $12.9M (est)LeBlanc Dental Products, Inc. · Seed Raised $4.1M · modeled $12.0M (est)Physicians' Medical Center, LLC · Seed Raised $4.2M · modeled $12.0M (est)Fresenius Medical Care Northshore Houston, LLC · Seed Raised $4.0M · modeled $11.8M (est)Fresenius Medical Care Sunset, LLC · Seed Raised $3.5M · modeled $11.6M (est)Nexxt MedTech Inc. · Seed Raised $4.0M · modeled $11.2M (est)Bainbridge Health, Inc. · Seed Raised $9.3M · modeled $10.9M (est)Flyway Health Inc. · Seed Raised $4.0M · modeled $10.0M (est)Legion Health, Inc. (this company) Raised $6.1M · modeled $1.0M (est)Legion Health, Inc.
CompanyStageRaised · realValue · estvs peer med.
Headstart Health, Inc.Seed$4.0M$14.5M2.96×
eMAX Health 2.0 LLCSeed$3.8M$13.6M2.79×
Ezer Health Holdings, LlcSeed$4.0M$13.5M2.77×
Helius Medical Technologies, Inc.Seed$15.4M$13.4M2.74×
LaaSy Health HoldCo Inc.Seed$3.9M$12.9M2.64×
LeBlanc Dental Products, Inc.Seed$4.1M$12.0M2.46×
Physicians' Medical Center, LLCSeed$4.2M$12.0M2.46×
Fresenius Medical Care Northshore Houston, LLCSeed$4.0M$11.8M2.42×
Fresenius Medical Care Sunset, LLCSeed$3.5M$11.6M2.36×
Nexxt MedTech Inc.Seed$4.0M$11.2M2.29×
Bainbridge Health, Inc.Seed$9.3M$10.9M2.23×
Flyway Health Inc.Seed$4.0M$10.0M2.05×
Legion Health, Inc. this companySeed$6.1M$1.0M0.21×
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.
Seed$3.7M2021-06-14$18.3M$66.3M90%
Seed$3.5M2021-06-14$17.3M$62.7M90%
Seed$2.0M2021-06-14$10.0M$36.2M90%
Seed$2.0M2024-09-10$10.2M$8.6M90%
Seed$410K2025-11-13$2.0M$1.0M90%
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. Seed$3.7M2021-06-14
    • First recorded raise — entered as Seed.
    • 57 investors on this round.
  2. Seed$3.5M2021-06-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 56 investors on this round.
  3. Seed$2.0M2021-06-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 33 investors on this round.
  4. Seed$2.0M2024-09-10
    • Raised again after 39 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  5. Seed$410K2025-11-13
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2026 ~Q4
Modeled next raise · ~13mo cadence
$410K
Modeled next size est.range $410K$656K
0.2×
Last step-up
$1.4M/yr
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
Yash Patel4 other2021-06
Daniel Wilson2 other2021-06
Arthur MacWaters1 other2021-06
Registry & provenance

Legion Health, 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
1916502
SEC CIK
2021
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
Legion Health, Inc.Other TechnologySeries B$16.0M$59.4Mnetwork3 shared operators
Itiliti Health, Inc.HealthtechSeed$6.2M$2.1Msame sector · same stage
Texas Health Surgery Center Preston Plaza, LLCHealthtechSeed$5.9M$787Ksame sector · same stage
MiRTLE Medical LLCHealthtechSeed$6.3M$1.8Msame sector · same stage
Deinde Medical Corp.HealthtechSeed$6.5M$472Ksame sector · same stage
Aatru Medical LLCHealthtechSeed$5.7M$336Ksame sector · same stage
Ricovr Healthcare Inc.HealthtechSeed$6.7M$1.3Msame sector · same stage
Precision Medical Ventures Inc.HealthtechSeed$5.1M$1.7Msame 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
Autonomous Medical Devices IncHealthtechSeries D+$2.8B77%
Perspectives Health
Automating away admin for behavioral health clinics
AI / ML77%
Artemis Healthcare, Inc.HealthtechPre-Seed$1.4M76%
Wright Medical Group N.V.HealthtechSeries B$386.6M76%
MentalHappy Inc
Group-Therapy Platform for Providers and Health Systems
HealthtechPre-Seed$2.1M75%
Mederva
Longevity for the 99%.
AI / ML75%
Autonomix Medical, Inc.HealthtechSeed$18.3M75%
Clarion
The AI communication layer for healthcare
Healthtech75%
Frequently asked
How much funding has Legion Health, Inc. raised?
Legion Health, Inc. has raised approximately $6.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Legion Health, Inc.'s estimated valuation?
Provath's modeled valuation for Legion Health, Inc. is approximately $1.0M (modeled range $347K–$1.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Legion Health, Inc. at?
Legion Health, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Nov 13.
What does Legion Health, Inc. do and where is it based?
Legion Health, Inc. operates in the Healthtech sector, based in CARROLLTON, CA, USA. Autonomous medical care
Explore related

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