Diligence memo · auto-generated · as of July 2, 2026
Limelight Health, Inc.
Limelight Health, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Limelight Health, Inc. operates in Healthtech, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Limelight Health, Inc. has raised $40M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $30M on 2018-12-06.
Most recent recorded round closed around 2018-12-06.
Valuation (modeled)modeled
Provath models Limelight Health, Inc. at approximately $744M (range $70M–$2.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.41× the median modeled value of Series B Healthtech companies in 2016–2018 (33 peers) — value vs value, same stage and era. Within the normal band (141% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 7.6 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 89% of Healthtech peers (2138 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Altimate Medical Holdings, Inc., Southeast Healthcare Partners II, LLC, NRS Health & Wellness GP LLC, Aspire Health, Inc., Uprising Health LLC.
Peoplefiled
15 named people on file across officers, directors and signatories.
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.