Companies · Healthtech

Next Healthcare Inc.

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

Diligence memoA one-page analyst read on Next Healthcare Inc. — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
5
Rounds
0.5×
Latest step-up
Top 66%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Jan 25 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Next Healthcare Inc. looks fair against its niche peers and is dormant 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 0.78× the median modeled value of Pre-Seed Healthtech companies in 2019–2021 (139 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 7.4 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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

Next Healthcare Inc. is one of 2138 Healthtech companies tracked from FARGO. By capital raised it ranks in the long tail (ahead of 35% of sector peers), and in the long tail 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
1
Investors (latest)
2019-01-25
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$5.0M$10M$15M$20MPre-Seed · 2010-12-08 Raised $170K (real) Modeled valuation $5.9M (est)$170K$5.9MPre-Seed2010Pre-Seed · 2012-03-09 Raised $554K (real) Modeled valuation $19M (est)$554K$19MPre-Seed2012Pre-Seed · 2013-01-25 Raised $150K (real) Modeled valuation $5.2M (est)$150K$5.2MPre-Seed2013Pre-Seed · 2017-11-20 Raised $431K (real) Modeled valuation $15M (est)$431K$15MPre-Seed2017Pre-Seed · 2019-01-25 Raised $235K (real) Modeled valuation $8.1M (est)$235K$8.1MPre-Seed2019+$554K+$150K+$431K+$235KCumulative $1.5M

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$170K · 2010
Pre-Seed extension$554K · 2012
Pre-Seed extension$150K · 2013
Pre-Seed extension$431K · 2017
Pre-Seed extension$235K · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$8.1M
Base estimate est.
$147K
Conservative case
$91.9M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $5.9M · 2010-12-082010Pre-Seed · modeled $19.1M · 2012-03-09Pre-Seed · modeled $5.2M · 2013-01-25Pre-Seed · modeled $14.8M · 2017-11-20Pre-Seed · modeled $8.1M · 2019-01-252019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.67×/yr
Annual markup
2.27×/yr upside case
6.0 yr
Elapsed time used
7.4 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$189K/yr
Capital velocity
15.6 yr
On record since
2010
First round
5
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) 0.3× of median
This company$1.5M
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.6× of median
This company$235K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$8.1M
Sector median$33.8M

Raised more than 35% of sector peers (real $). Modeled value above 30% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #84 of 139.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Levin Eye Care LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Medical Records Now, Inc. · Pre-Seed Raised $2.0M · modeled $34.5M (est)Emf Medical Devices Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)Miracle Leaf Health Centers, Corp. · Pre-Seed Raised $1.0M · modeled $34.5M (est)PRINE Health Holdings, LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)nView medical Inc. · Pre-Seed Raised $1.5M · modeled $34.5M (est)Hey Healthcare, Inc. · Pre-Seed Raised $2.0M · modeled $34.5M (est)Merrimac Medical Investors, LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Texas Health Surgery Center Southwest Fort Worth, LLC · Pre-Seed Raised $980K · modeled $33.8M (est)Veritas Medical Solutions LLC · Pre-Seed Raised $1.0M · modeled $31.5M (est)HealthTech Arkansas Investments LLC · Pre-Seed Raised $815K · modeled $28.1M (est)Medical Ingenuities, LLC · Pre-Seed Raised $997K · modeled $26.9M (est)Next Healthcare Inc. (this company) Raised $1.5M · modeled $8.1M (est)Next Healthcare Inc.
CompanyStageRaised · realValue · estvs peer med.
Levin Eye Care LLCPre-Seed$1.0M$34.5M3.33×
Medical Records Now, Inc.Pre-Seed$2.0M$34.5M3.33×
Emf Medical Devices Inc.Pre-Seed$1.0M$34.5M3.33×
Miracle Leaf Health Centers, Corp.Pre-Seed$1.0M$34.5M3.33×
PRINE Health Holdings, LLCPre-Seed$1.0M$34.5M3.33×
nView medical Inc.Pre-Seed$1.5M$34.5M3.33×
Hey Healthcare, Inc.Pre-Seed$2.0M$34.5M3.33×
Merrimac Medical Investors, LLCPre-Seed$1.0M$34.5M3.33×
Texas Health Surgery Center Southwest Fort Worth, LLCPre-Seed$980K$33.8M3.27×
Veritas Medical Solutions LLCPre-Seed$1.0M$31.5M3.04×
HealthTech Arkansas Investments LLCPre-Seed$815K$28.1M2.72×
Medical Ingenuities, LLCPre-Seed$997K$26.9M2.60×
Next Healthcare Inc. this companyPre-Seed$1.5M$8.1M0.78×
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$170K2010-12-08$944K$5.9M85%
Pre-Seed$554K2012-03-09$3.1M$19.1M85%
Pre-Seed$150K2013-01-25$833K$5.2M85%
Pre-Seed$431K2017-11-20$2.4M$14.8M90%
Pre-Seed$235K2019-01-25$1.3M$8.1M90%
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$170K2010-12-08
    • First recorded raise — entered as Pre-Seed.
    • 9 investors on this round.
  2. Pre-Seed$554K2012-03-09
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Pre-Seed$150K2013-01-25
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Pre-Seed$431K2017-11-20
    • Raised again after 58 mo — slower than the ~14 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  5. Pre-Seed$235K2019-01-25
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~24mo cadence
$235K
Modeled next size est.range $235K$376K
0.5×
Last step-up
$189K/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
Dennis O'Brien1 other2013-01
VININDER SINGH1 other2010-12
Daniel D. Hodgson2013-01
Daniel Hodgson2017-11
DWAIN HAHS2010-12
Jason D. Hanson2013-01
Registry & provenance

Next Healthcare 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
1544998
SEC CIK
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
Intron HealthHealthtechPre-Seed$1.6M$6.8Msame sector · same stage
Auto-Pilot Medical Technologies, Inc.HealthtechPre-Seed$1.6M$7.6Msame sector · same stage
Parallax Health Sciences, Inc.HealthtechPre-Seed$1.4M$8.6Msame sector · same stage
Attract Medical LLCHealthtechPre-Seed$1.3M$5.2Msame sector · same stage
Razor Medical Instruments, Inc.HealthtechPre-Seed$1.3M$7.1Msame sector · same stage
Inscope Medical Solutions, Inc.HealthtechPre-Seed$1.2M$10.4Msame sector · same stage
Wearable Health Solutions, Inc.HealthtechPre-Seed$2.0M$7.1Msame sector · same stage
Texas Health Surgery Center Waxahachie, LLCHealthtechPre-Seed$1.1M$5.0Msame 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
Healthcare, Inc.HealthtechSeries D+$4.0B90%
NextHealth Technologies, Inc.Software / TechSeries B$60.1M89%
What About Health, Inc.HealthtechPre-Seed$7.6M89%
Next Frontier Biosciences, LLCBiotech / PharmaSeed$34.0M88%
HealthNEXT, LLCHealthtechPre-Seed$510K87%
Alternate Health Corp.HealthtechSeed$8.3M87%
WELL Health Technologies Corp.HealthtechSeed$92.8M87%
Worldwide Innovative Healthcare Inc.HealthtechPre-Seed$9.5M87%
Frequently asked
How much funding has Next Healthcare Inc. raised?
Next Healthcare Inc. has raised approximately $1.5M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Next Healthcare Inc.'s estimated valuation?
Provath's modeled valuation for Next Healthcare Inc. is approximately $8.1M (modeled range $147K–$91.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Next Healthcare Inc. at?
Next Healthcare Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Jan 25.
What does Next Healthcare Inc. do and where is it based?
Next Healthcare Inc. operates in the Healthtech sector, based in FARGO.
Explore related

See where Next Healthcare 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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