Diligence memo · auto-generated · as of July 2, 2026
Panda Health, Inc.
Panda Health, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Panda Health, Inc. operates in Healthtech, based in ATLANTA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Panda Health, Inc. has raised $18M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $18M on 2024-12-02.
Most recent recorded round closed around 2024-12-02.
Valuation (modeled)modeled
Provath models Panda Health, Inc. at approximately $109M (range $43M–$180M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.66× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 19 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 79% of Healthtech peers (2138 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Casana Care, Inc., Mendel Health Inc., Bicycle Health Inc., Brave Health, Inc., Flume Health, Inc..
Peoplefiled
6 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.