Companies · Healthtech

NED Medical, Inc.

NORWELL · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on NED Medical, Inc. — recommendation, valuation, rhythm, risks.
$8.5M
Total raised · real
2
Rounds
16.0×
Latest step-up
Top 35%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jan 20 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

NED Medical, Inc. looks fair against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the healthtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.16× the median modeled value of Series A Healthtech companies in 2025–2027 (99 peers) — value vs value, same stage and era.
  • Within the normal band (116% of peer median) for its niche.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Healthtech

NED Medical, Inc. is one of 2138 Healthtech companies tracked from NORWELL. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2022
Year incorporated
2026-01-20
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2023-08-14 Raised $500K (real) Modeled valuation $3.5M (est)$500K$3.5MPre-Seed2023Series A · 2026-01-20 Raised $8.0M (real) Modeled valuation $22M (est)$8.0M$22MSeries A2026+$8.0MCumulative $8.5M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$500K · 2023
Series A$8.0M · 2026no Seed on file

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$22.2M
Base estimate est.
$10.3M
Conservative case
$33.6M
Upside case
$36.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.5M · 2023-08-142023Series A · modeled $22.2M · 2026-01-202026
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
29 mo
Avg between rounds
$3.5M/yr
Capital velocity
2.9 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.9× above median
This company$8.5M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.5× above median
This company$8.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$22.2M
Sector median$33.8M

Raised more than 66% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #41 of 99.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Queen Dental USA Inc · Series A Raised $15.0M · modeled $61.4M (est)Healthplan Data Solutions, Inc. · Series A Raised $16.7M · modeled $56.2M (est)Chronic Care Management, Inc. · Series A Raised $40.6M · modeled $53.7M (est)Mountain Health Technologies, Inc. · Series A Raised $15.2M · modeled $46.5M (est)Modular Medical, Inc. · Series A Raised $17.3M · modeled $45.7M (est)Healthcare Triangle, Inc. · Series A Raised $19.2M · modeled $44.4M (est)Handl Health, Inc. · Series A Raised $15.7M · modeled $40.3M (est)Medical Exercise Inc. · Series A Raised $11.1M · modeled $40.3M (est)Frontera Health, Inc. · Series A Raised $10.0M · modeled $40.1M (est)Prospyr Medical, Inc. · Series A Raised $18.6M · modeled $39.6M (est)Koda Health, Inc. · Series A Raised $12.2M · modeled $39.3M (est)Cooler Heads Care, Inc. · Series A Raised $18.8M · modeled $39.0M (est)NED Medical, Inc. (this company) Raised $8.5M · modeled $22.2M (est)NED Medical, Inc.
CompanyStageRaised · realValue · estvs peer med.
Queen Dental USA IncSeries A$15.0M$61.4M3.19×
Healthplan Data Solutions, Inc.Series A$16.7M$56.2M2.92×
Chronic Care Management, Inc.Series A$40.6M$53.7M2.79×
Mountain Health Technologies, Inc.Series A$15.2M$46.5M2.42×
Modular Medical, Inc.Series A$17.3M$45.7M2.38×
Healthcare Triangle, Inc.Series A$19.2M$44.4M2.31×
Handl Health, Inc.Series A$15.7M$40.3M2.10×
Medical Exercise Inc.Series A$11.1M$40.3M2.10×
Frontera Health, Inc.Series A$10.0M$40.1M2.09×
Prospyr Medical, Inc.Series A$18.6M$39.6M2.06×
Koda Health, Inc.Series A$12.2M$39.3M2.04×
Cooler Heads Care, Inc.Series A$18.8M$39.0M2.03×
NED Medical, Inc. this companySeries A$8.5M$22.2M1.16×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$500K2023-08-14$2.8M$3.5M90%
Series A$8.0M2026-01-20$36.4M$22.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$500K2023-08-14
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Series A$8.0M2026-01-20
    • Raised again after 29 mo — slower than the ~14 mo sector norm.
    • Round 16.0× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2028 ~Q2
Modeled next raise · ~29mo cadence
$24.0M
Modeled next size est.range $15.6M$38.4M
16.0×
Last step-up
$3.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
James Mitchell5 other2026-01
Andrew Matthew Thoreson2023-08
David Matthew Uffer2023-08
Gregory J Kapust2026-01
Richard Yazbeck2023-08
Robert Matthew Niblack2023-08
Registry & provenance

NED Medical, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1991526
SEC CIK
2022
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Tad Health Inc.HealthtechSeries A$8.5M$32.5Msame sector · same stage
Enara Health, Inc.HealthtechSeries A$8.6M$24.2Msame sector · same stage
Zuno Medical, Inc.HealthtechSeries A$8.7M$27.2Msame sector · same stage
Sonara Health, Inc.HealthtechSeries A$8.8M$28.3Msame sector · same stage
Aveera Medical Inc.HealthtechSeries A$8.8M$14.5Msame sector · same stage
Ventis Medical, Inc.HealthtechSeries A$8.2M$13.9Msame sector · same stage
Heading Health Inc.HealthtechSeries A$8.9M$29.4Msame sector · same stage
Neurogami Medical, Inc.HealthtechSeries A$8.0M$22.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Minnesota Medical Technologies CorpHealthtechSeries A$24.2M85%
Orchard Healthcare, Inc.HealthtechSeries B$338.9M84%
Swift Medical Inc.HealthtechSeries B$315.6M84%
Mae Health, Inc.HealthtechSeed$7.6M83%
Nava Health Md, Inc.HealthtechSeed$458K83%
Eden Health, Inc.HealthtechSeries C$1.3B83%
Nalu Medical, Inc.HealthtechSeries D+$1.4B83%
Ohm Health, Inc.HealthtechPre-Seed$718K83%
Frequently asked
How much funding has NED Medical, Inc. raised?
NED Medical, Inc. has raised approximately $8.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is NED Medical, Inc.'s estimated valuation?
Provath's modeled valuation for NED Medical, Inc. is approximately $22.2M (modeled range $10.3M–$33.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is NED Medical, Inc. at?
NED Medical, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jan 20.
What does NED Medical, Inc. do and where is it based?
NED Medical, Inc. operates in the Healthtech sector, based in NORWELL.
Explore related

See where NED Medical, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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