Diligence memo · auto-generated · as of July 2, 2026
MentalHappy Inc
MentalHappy Inc looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
MentalHappy Inc operates in Healthtech, based in Birmingham, CA, USA; Remote. Group-Therapy Platform for Providers and Health Systems
Sub-sector tags: Consumer Health Services, Mental Health Tech, ai/ml, healthtech.
Capital & rounds (filed)filed
MentalHappy Inc has raised $500K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $500K on 2024-07-29.
Most recent recorded round closed around 2024-07-29.
Valuation (modeled)modeled
Provath models MentalHappy Inc at approximately $2.1M (range $313K–$6.9M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.76× the median modeled value of Pre-Seed Healthtech companies in 2022–2024 (174 peers) — value vs value, same stage and era. Within the normal band (76% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 23 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 21% of Healthtech peers (2138 compared).
Modeled value ranks above 16% of those peers.
Closest niche peers: Hoy Health Corp, Ennova Health LLC, Telebelly Health, Inc., Health Rosetta Group PBC, B2M Medical, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.