Diligence memo · auto-generated · as of July 2, 2026
Mainstay Medical Holdings plc
Mainstay Medical Holdings plc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Mainstay Medical Holdings plc operates in Healthtech, based in DUBLIN 2.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mainstay Medical Holdings plc has raised $108M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $108M on 2021-02-11.
Most recent recorded round closed around 2021-02-11.
Valuation (modeled)modeled
Provath models Mainstay Medical Holdings plc at approximately $2.4B (range $575M–$4.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.87× the median modeled value of Series D+ Healthtech companies in 2019–2021 (11 peers) — value vs value, same stage and era. Within the normal band (87% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.4 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 96% of Healthtech peers (2138 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Hinge Health, Inc., Reify Health, Inc., Healthcare, Inc., Net Health Parent Holdings, L.P., Iora Health, Inc..
Peoplefiled
5 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.