Companies · Healthtech

Luminate Health Inc.

San Mateo · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Luminate Health Inc. — recommendation, valuation, rhythm, risks.
$4.7M
Total raised · real
2
Rounds
5.3×
Latest step-up
Top 46%
Sector rank · raised
Seed
Latest stage · inferred · Fri Jul 05 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Luminate Health Inc. looks fair 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.

Fair
  • Modeled value is 1.44× the median modeled value of Seed Healthtech companies in 2022–2024 (162 peers) — value vs value, same stage and era.
  • Within the normal band (144% of peer median) for its niche.
Quiet
  • Last raise 24 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.
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

Luminate Health Inc. is one of 2138 Healthtech companies tracked from San Mateo. By capital raised it ranks mid-pack (ahead of 55% 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
30
Investors (latest)
2024-07-05
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$13M$25M$38M$50MPre-Seed · 2013-09-19 Raised $750K (real) Modeled valuation $26M (est)$750K$26MPre-Seed2013Seed · 2024-07-05 Raised $3.9M (real) Modeled valuation $18M (est)$3.9M$18MSeed2024+$3.9MCumulative $4.7M

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$750K · 2013
Seed$3.9M · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$18.1M
Base estimate est.
$3.3M
Conservative case
$48.0M
Upside case
$19.7M
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.

Pre-Seed · modeled $25.9M · 2013-09-192013Seed · modeled $18.1M · 2024-07-052024
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
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
130 mo
Avg between rounds
$435K/yr
Capital velocity
12.8 yr
On record since
2013
First round
2
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) 1.1× above median
This company$4.7M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.1× above median
This company$3.9M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$18.1M
Sector median$33.8M

Raised more than 55% of sector peers (real $). Modeled value above 43% 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 #48 of 162.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)NJ Shore Wellness LLC · Seed Raised $4.0M · modeled $52.6M (est)Neb Health Inc · Seed Raised $3.7M · modeled $51.3M (est)Aerwave Medical, Inc. · Seed Raised $5.5M · modeled $45.1M (est)Oya Care Ltd · Seed Raised $3.4M · modeled $45.0M (est)Aam Care, Inc. · Seed Raised $7.0M · modeled $44.9M (est)Medical Engineering Innovations, Inc. · Seed Raised $7.5M · modeled $44.4M (est)Virtual Health Partners, Inc. · Seed Raised $7.4M · modeled $43.1M (est)Pattern Health Technologies, Inc. · Seed Raised $3.3M · modeled $38.4M (est)Navigator Healthcare Inc. · Seed Raised $6.4M · modeled $38.0M (est)Cinematic Health Education, Inc. · Seed Raised $3.9M · modeled $37.7M (est)Fresenius Medical Care Winter Lake, LLC · Seed Raised $3.6M · modeled $37.3M (est)Oto Health Inc. · Seed Raised $3.3M · modeled $36.7M (est)Luminate Health Inc. (this company) Raised $4.7M · modeled $18.1M (est)Luminate Health Inc.
CompanyStageRaised · realValue · estvs peer med.
NJ Shore Wellness LLCSeed$4.0M$52.6M4.18×
Neb Health IncSeed$3.7M$51.3M4.08×
Aerwave Medical, Inc.Seed$5.5M$45.1M3.58×
Oya Care LtdSeed$3.4M$45.0M3.57×
Aam Care, Inc.Seed$7.0M$44.9M3.57×
Medical Engineering Innovations, Inc.Seed$7.5M$44.4M3.53×
Virtual Health Partners, Inc.Seed$7.4M$43.1M3.43×
Pattern Health Technologies, Inc.Seed$3.3M$38.4M3.05×
Navigator Healthcare Inc.Seed$6.4M$38.0M3.02×
Cinematic Health Education, Inc.Seed$3.9M$37.7M2.99×
Fresenius Medical Care Winter Lake, LLCSeed$3.6M$37.3M2.96×
Oto Health Inc.Seed$3.3M$36.7M2.92×
Luminate Health Inc. this companySeed$4.7M$18.1M1.44×
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$750K2013-09-19$4.2M$25.9M85%
Seed$3.9M2024-07-05$19.7M$18.1M90%
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$750K2013-09-19
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$3.9M2024-07-05
    • Raised again after 130 mo — slower than the ~14 mo sector norm.
    • Round 5.3× larger than the prior — scaling up.
    • 30 investors on this round.
Intelligence
2035 ~Q2
Modeled next raise · ~130mo cadence
$11.8M
Modeled next size est.range $7.7M$19.0M
5.3×
Last step-up
$435K/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
Jeffrey Citron2 other2013-09
Jeffrey Parkinson2 other2024-07
Jessica Hsu2013-09
Nicholas Howell2024-07
Shally Madan2013-09
Siddharth Sinha2013-09
Registry & provenance

Luminate 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
1588399
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
Berks Center for Digestive Health, L.P.HealthtechSeed$4.7M$24.0Msame sector · same stage
Niveus Medical, Inc.HealthtechSeed$4.7M$14.6Msame sector · same stage
PATIENT CoHealthtechSeed$4.8M$22.4Msame sector · same stage
Zocalo Health Inc.HealthtechSeed$4.9M$20.2Msame sector · same stage
Asenda Health Inc.HealthtechSeed$5.0M$19.1Msame sector · same stage
ASP Health Inc.HealthtechSeed$5.0M$20.7Msame sector · same stage
Treehouse Health, Llc / GaHealthtechSeed$4.3M$14.2Msame sector · same stage
Infina Connect Healthcare Systems, Inc.HealthtechSeed$4.3M$17.6Msame 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
Luminate Medical Inc.HealthtechSeries B$74.0M95%
Lumata Health Inc.HealthtechSeries B$131.1M87%
Luminate
We make cancer care at home possible.
86%
Sibel Health Inc.HealthtechSeries B$326.2M83%
Synthesis Health Inc.HealthtechSeries A$6.1M83%
Prosper Health, Inc.HealthtechSeries B$93.4M83%
Vesper Medical, Inc.HealthtechSeries B$174.6M83%
Rivia Health Inc.HealthtechSeries A$57.7M83%
Frequently asked
How much funding has Luminate Health Inc. raised?
Luminate Health Inc. has raised approximately $4.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Luminate Health Inc.'s estimated valuation?
Provath's modeled valuation for Luminate Health Inc. is approximately $18.1M (modeled range $3.3M–$48.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Luminate Health Inc. at?
Luminate Health Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Jul 05.
What does Luminate Health Inc. do and where is it based?
Luminate Health Inc. operates in the Healthtech sector, based in San Mateo.
Explore related

See where Luminate Health Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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