Companies · Healthtech

Lexington Wellness Holdings Inc.

NEW YORK · Healthtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Lexington Wellness Holdings Inc. — recommendation, valuation, rhythm, risks.
$41.3M
Total raised · real
5
Rounds
0.2×
Latest step-up
Top 12%
Sector rank · raised
Series B
Latest stage · inferred · Mon Nov 04 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Lexington Wellness Holdings Inc. looks under-valued against its niche peers and is quiet 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 0.26× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
Quiet
  • Last raise 20 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Lexington Wellness Holdings Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.5 yr record
Peak capital year was 2024 with $39.3M across 2 filings.
Market position
ahead of 89% of Healthtech peers
Capital scale is ahead of 89% of Healthtech peers; modeled value is above 59% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2024: $39.3M across 2 filings.
  • Largest single filing was $32.3M on 2024-05-31.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Lexington Wellness Holdings Inc. is one of 2138 Healthtech companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 89% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-11-04
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$125M$250M$375M$500MPre-Seed · 2014-12-31 Raised $875K (real) Modeled valuation $30M (est)$875K$30MPre-Seed2014Pre-Seed · 2015-09-01 Raised $200K (real) Modeled valuation $6.9M (est)$200K$6.9MPre-Seed2015Pre-Seed · 2018-08-17 Raised $900K (real) Modeled valuation $31M (est)$900K$31MPre-Seed2018Series B · 2024-05-31 Raised $32M (real) Modeled valuation $226M (est)$32M$226MSeries B2024Series B · 2024-11-04 Raised $7.0M (real) Modeled valuation $43M (est)$7.0M$43MSeries B2024+$200K+$900K+$32M+$7.0MCumulative $41M

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$875K · 2014
Pre-Seed extension$200K · 2015
Pre-Seed extension$900K · 2018
Series B$32.3M · 2024no Seed / Series A on file
Series B extension$7.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — 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
$42.5M
Base estimate est.
$16.4M
Conservative case
$71.2M
Upside case
$38.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $30.2M · 2014-12-312014Pre-Seed · modeled $6.9M · 2015-09-01Pre-Seed · modeled $31.0M · 2018-08-17Series B · modeled $225.7M · 2024-05-31Series B · modeled $42.5M · 2024-11-042024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.38×/yr
Annual markup
1.67×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$4.2M/yr
Capital velocity
11.5 yr
On record since
2014
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) 9.3× above median
This company$41.3M
Sector median$4.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$7.0M
Sector median$18.3M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$42.5M
Sector median$33.8M

Raised more than 89% of sector peers (real $). Modeled value above 59% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #85 of 98.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Casana Care, Inc. · Series B Raised $56.4M · modeled $608.0M (est)Mendel Health Inc. · Series B Raised $52.7M · modeled $570.9M (est)Bicycle Health Inc. · Series B Raised $61.4M · modeled $492.6M (est)Brave Health, Inc. · Series B Raised $38.6M · modeled $485.7M (est)Flume Health, Inc. · Series B Raised $35.9M · modeled $446.0M (est)Healthy America, LLC · Series B Raised $31.0M · modeled $435.9M (est)Moxe Health Corp · Series B Raised $34.8M · modeled $404.2M (est)Kintsugi Mindful Wellness, Inc. · Series B Raised $25.0M · modeled $370.4M (est)Invoq Health, Inc. · Series B Raised $41.5M · modeled $362.5M (est)Folx Health, Inc. · Series B Raised $59.3M · modeled $355.7M (est)Recuro Health, Inc. · Series B Raised $44.2M · modeled $340.0M (est)Orchard Healthcare, Inc. · Series B Raised $34.8M · modeled $338.9M (est)Lexington Wellness Holdings Inc. (this company) Raised $41.3M · modeled $42.5M (est)Lexington Wellness Holdings Inc.
CompanyStageRaised · realValue · estvs peer med.
Casana Care, Inc.Series B$56.4M$608.0M3.68×
Mendel Health Inc.Series B$52.7M$570.9M3.45×
Bicycle Health Inc.Series B$61.4M$492.6M2.98×
Brave Health, Inc.Series B$38.6M$485.7M2.94×
Flume Health, Inc.Series B$35.9M$446.0M2.70×
Healthy America, LLCSeries B$31.0M$435.9M2.64×
Moxe Health CorpSeries B$34.8M$404.2M2.45×
Kintsugi Mindful Wellness, Inc.Series B$25.0M$370.4M2.24×
Invoq Health, Inc.Series B$41.5M$362.5M2.19×
Folx Health, Inc.Series B$59.3M$355.7M2.15×
Recuro Health, Inc.Series B$44.2M$340.0M2.06×
Orchard Healthcare, Inc.Series B$34.8M$338.9M2.05×
Lexington Wellness Holdings Inc. this companySeries B$41.3M$42.5M0.26×
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$875K2014-12-31$4.9M$30.2M85%
Pre-Seed$200K2015-09-01$1.1M$6.9M85%
Pre-Seed$900K2018-08-17$5.0M$31.0M90%
Series B$32.3M2024-05-31$179.7M$225.7M90%
Series B$7.0M2024-11-04$38.9M$42.5M90%
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$875K2014-12-31
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$200K2015-09-01
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 4.4× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Pre-Seed$900K2018-08-17
    • Raised again after 36 mo — slower than the ~14 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $1M–$5M.
    • 19 investors on this round.
  4. Series B$32.3M2024-05-31
    • Raised again after 69 mo — slower than the ~14 mo sector norm.
    • Round 35.9× larger than the prior — scaling up.
    • 1 investor on this round.
  5. Series B$7.0M2024-11-04
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~30mo cadence
$7.0M
Modeled next size est.range $7.0M$11.2M
0.2×
Last step-up
$4.2M/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
Andrew Richard Zengilowski1 other2018-08
David Wesley Fetterolf1 other2024-11
Elias Wesley Davis1 other2024-05
Grant Jay Shaffer1 other2024-11
Jake Jay Crismon1 other2024-11
John Jay Althoff1 other2024-11
Kapil Jay Desai1 other2024-11
Robert Wesley Haydon1 other2018-08
Ryan Jay Anderson1 other2024-11
Andrew R. Zengilowski2014-12
Andrew Zengilowski2024-05
Brian Wesley Model2018-08
David Wesley Eilers2018-08
Grant Wesley Shaffer2024-05
Jake Wesley Crismon2024-05
John Wesley Althoff2018-08
Ryan Wesley Anderson2024-05
Registry & provenance

Lexington Wellness Holdings 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
1592484
SEC CIK
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
CoachCare Holdings, Inc.Other TechnologySeries B$32.5M$150.6Mnetwork9 shared operators · same stage
Care.Stat!, Inc.HealthtechSeries B$41.9M$25.7Msame sector · same stage
Surely Health, Inc.HealthtechSeries B$42.9M$59.0Msame sector · same stage
Jet Health, Inc.HealthtechSeries B$38.9M$29.3Msame sector · same stage
Applaud Medical, Inc.HealthtechSeries B$38.0M$44.1Msame sector · same stage
Avantis Medical Systems IncHealthtechSeries B$47.5M$56.7Msame sector · same stage
Sanara MedTech Inc.HealthtechSeries B$35.1M$27.4Msame sector · same stage
Vanna Health, Inc.HealthtechSeries B$35.0M$25.4Msame 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
Champion Wellness Holdings, LLCHealthtechSeries B$9.1M88%
Standard Wellness Holdings, LLCHealthtechPre-Seed$3.3M86%
Core Wellness, Inc.HealthtechSeries A$127.5M86%
WITH Wellness Co.HealthtechPre-Seed$10.7M86%
Wellness Unlimited Holdings, LLCHealthtechSeed$36.6M86%
Ascend Wellness Holdings, Inc.HealthtechSeries C$330.8M86%
Wellness Connection CorpHealthtechSeed$3.6M86%
Rocket Wellness Inc.HealthtechPre-Seed$4.5M85%
Frequently asked
How much funding has Lexington Wellness Holdings Inc. raised?
Lexington Wellness Holdings Inc. has raised approximately $41.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Lexington Wellness Holdings Inc.'s estimated valuation?
Provath's modeled valuation for Lexington Wellness Holdings Inc. is approximately $42.5M (modeled range $16.4M–$71.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lexington Wellness Holdings Inc. at?
Lexington Wellness Holdings Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Nov 04.
What does Lexington Wellness Holdings Inc. do and where is it based?
Lexington Wellness Holdings Inc. operates in the Healthtech sector, based in NEW YORK.
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