Diligence memo · auto-generated · as of July 2, 2026

MiRTLE Medical LLC

MiRTLE Medical LLC looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

MiRTLE Medical LLC operates in Healthtech, based in NORTH ANDOVER.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

MiRTLE Medical LLC has raised $6.3M in disclosed capital across 12 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.1M on 2023-05-25.

Most recent recorded round closed around 2025-06-11.

Valuation (modeled)modeled

Provath models MiRTLE Medical LLC at approximately $1.8M (range $516K–$3.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.38× the median modeled value of Seed Healthtech companies in 2025–2027 (77 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 13 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 2.9× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 61% of Healthtech peers (2138 compared).

Modeled value ranks above 15% of those peers.

Closest niche peers: Headstart Health, Inc., eMAX Health 2.0 LLC, Ezer Health Holdings, Llc, Helius Medical Technologies, Inc., LaaSy Health HoldCo Inc..

Peoplefiled

10 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.