Diligence memo · auto-generated · as of July 2, 2026
MedAvail, Inc.
MedAvail, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
MedAvail, Inc. operates in Other Health Care, based in MISSISSAUGA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MedAvail, Inc. has raised $97M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $97M on 2020-11-12.
Most recent recorded round closed around 2020-11-12.
Valuation (modeled)modeled
Provath models MedAvail, Inc. at approximately $2.0B (range $353M–$5.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.75× the median modeled value of Series C Other Health Care companies in 2019–2021 (46 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5.6 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 Other Health Care peers (5377 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Avail Medsystems, Inc., Whoop, Inc., HRGi Holdings, Inc., Ambulnz, Inc., SOC Telemed, Inc..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.