Diligence memo · auto-generated · as of July 2, 2026
NanoHive Medical LLC
NanoHive Medical LLC looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
NanoHive Medical LLC operates in Healthtech, based in WOBURN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NanoHive Medical LLC has raised $7.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2022-03-07.
Most recent recorded round closed around 2022-11-23.
Valuation (modeled)modeled
Provath models NanoHive Medical LLC at approximately $33M (range $3.0M–$136M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.63× the median modeled value of Seed Healthtech companies in 2022–2024 (162 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 3.6 yr ago; this sector typically re-raises about every 14 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 64% of Healthtech peers (2138 compared).
Modeled value ranks above 54% of those peers.
Closest niche peers: NJ Shore Wellness LLC, Neb Health Inc, Aerwave Medical, Inc., Oya Care Ltd, Aam Care, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.