Diligence memo · auto-generated · as of July 3, 2026
Mental Health Data Services, Inc.
Mental Health Data Services, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mental Health Data Services, Inc. operates in Healthtech, based in PORTLAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mental Health Data Services, Inc. has raised $25M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $15M on 2020-09-01.
Most recent recorded round closed around 2022-07-01.
Valuation (modeled)modeled
Provath models Mental Health Data Services, Inc. at approximately $61M (range $11M–$159M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.37× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 4.0 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 83% of Healthtech peers (2138 compared).
Modeled value ranks above 67% of those peers.
Closest niche peers: Casana Care, Inc., Mendel Health Inc., Bicycle Health Inc., Brave Health, Inc., Flume Health, Inc..
Peoplefiled
17 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.