Companies · Healthtech

Parallax Health Sciences, Inc.

SANTA MONICA · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Parallax Health Sciences, Inc. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
3
Rounds
0.5×
Latest step-up
Top 68%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Nov 16 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Parallax Health Sciences, Inc. looks under-valued 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.

Under-valued
  • Modeled value is 0.63× the median modeled value of Pre-Seed Healthtech companies in 2016–2018 (113 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.6 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

Parallax Health Sciences, Inc. is one of 2138 Healthtech companies tracked from SANTA MONICA. By capital raised it ranks in the long tail (ahead of 33% 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
2
Investors (latest)
2018
Year incorporated
2018-11-16
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 · 2018-06-18 Raised $600K (real) Modeled valuation $21M (est)$600K$21MPre-Seed2018Pre-Seed · 2018-08-10 Raised $500K (real) Modeled valuation $17M (est)$500K$17MPre-Seed2018Pre-Seed · 2018-11-16 Raised $250K (real) Modeled valuation $8.6M (est)$250K$8.6MPre-Seed2018+$500K+$250KCumulative $1.4M

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$600K · 2018
Pre-Seed extension$500K · 2018
Pre-Seed extension$250K · 2018

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

Modeled valuation trajectory
$8.6M
Base estimate est.
$157K
Conservative case
$97.7M
Upside case
$1.4M
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 $20.7M · 2018-06-182018Pre-Seed · modeled $17.2M · 2018-08-10Pre-Seed · modeled $8.6M · 2018-11-162018
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
7.6 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
2 mo
Avg between rounds
$3.3M/yr
Capital velocity
8.0 yr
On record since
2018
First round
3
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$1.4M
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.7× of median
This company$250K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$8.6M
Sector median$33.8M

Raised more than 33% of sector peers (real $). Modeled value above 31% 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 #81 of 113.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)HealthTech Solutions, Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)Nulogix Health, Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)Caddo Medical Technologies LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Markit Medical, Inc. · Pre-Seed Raised $960K · modeled $33.1M (est)Unique Medical Services, LLC · Pre-Seed Raised $950K · modeled $32.8M (est)JTT Health Management LLC · Pre-Seed Raised $950K · modeled $32.8M (est)Fresenius Medical Care Cedar Hill, LLC · Pre-Seed Raised $928K · modeled $32.0M (est)Klarion Wellness Inc. · Pre-Seed Raised $900K · modeled $31.0M (est)Hitch Health, Inc. · Pre-Seed Raised $900K · modeled $31.0M (est)Primus Healthcare Holdings, LLC · Pre-Seed Raised $2.4M · modeled $30.2M (est)Radiant Health Management Corp. · Pre-Seed Raised $870K · modeled $30.0M (est)Healthcare Sales Enablement Inc. · Pre-Seed Raised $1.3M · modeled $30.0M (est)Parallax Health Sciences, Inc. (this company) Raised $1.4M · modeled $8.6M (est)Parallax Health Sciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
HealthTech Solutions, Inc.Pre-Seed$1.0M$34.5M2.50×
Nulogix Health, Inc.Pre-Seed$1.0M$34.5M2.50×
Caddo Medical Technologies LLCPre-Seed$1.0M$34.5M2.50×
Markit Medical, Inc.Pre-Seed$960K$33.1M2.40×
Unique Medical Services, LLCPre-Seed$950K$32.8M2.38×
JTT Health Management LLCPre-Seed$950K$32.8M2.38×
Fresenius Medical Care Cedar Hill, LLCPre-Seed$928K$32.0M2.32×
Klarion Wellness Inc.Pre-Seed$900K$31.0M2.25×
Hitch Health, Inc.Pre-Seed$900K$31.0M2.25×
Primus Healthcare Holdings, LLCPre-Seed$2.4M$30.2M2.19×
Radiant Health Management Corp.Pre-Seed$870K$30.0M2.18×
Healthcare Sales Enablement Inc.Pre-Seed$1.3M$30.0M2.17×
Parallax Health Sciences, Inc. this companyPre-Seed$1.4M$8.6M0.63×
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$600K2018-06-18$3.3M$20.7M90%
Pre-Seed$500K2018-08-10$2.8M$17.2M90%
Pre-Seed$250K2018-11-16$1.4M$8.6M90%
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$600K2018-06-18
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$500K2018-08-10
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  3. Pre-Seed$250K2018-11-16
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~2mo cadence
$250K
Modeled next size est.range $250K$400K
0.5×
Last step-up
$3.3M/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
Nathaniel T. Bradley2 other2018-06
Paul R Arena2 other2018-06
CALLI R BUCCI2018-06
E WILLIAM W2018-08
E WILLIAM WITHROW JR2018-06
JOHN L OGDEN2018-06
Registry & provenance

Parallax Health Sciences, 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
1388410
SEC CIK
2018
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
Attract Medical LLCHealthtechPre-Seed$1.3M$5.2Msame sector · same stage
Cvr Medical Corp.HealthtechPre-Seed$1.4M$13.6Msame 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
Next Healthcare Inc.HealthtechPre-Seed$1.5M$8.1Msame sector · same stage
Intron HealthHealthtechPre-Seed$1.6M$6.8Msame sector · same stage
Texas Health Surgery Center Waxahachie, LLCHealthtechPre-Seed$1.1M$5.0Msame sector · same stage
Resonance Medical LlcHealthtechPre-Seed$1.1M$11.2Msame 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
Rx.Health, Inc.HealthtechSeed$48.5M87%
Folx Health, Inc.HealthtechSeries B$355.7M84%
Protaryx Medical Inc.HealthtechSeries A$183.1M84%
binx health LtdHealthtechSeries D+$2.2B84%
OtoNexus Medical Technologies, Inc.HealthtechSeries B$151.7M83%
Vocxi Health, Inc.HealthtechSeed$3.9M83%
Orbis Health Solutions, LLCHealthtechSeries A$4.9M83%
NexGen Medical Systems IncHealthtechSeed$13.4M83%
Frequently asked
How much funding has Parallax Health Sciences, Inc. raised?
Parallax Health Sciences, Inc. has raised approximately $1.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Parallax Health Sciences, Inc.'s estimated valuation?
Provath's modeled valuation for Parallax Health Sciences, Inc. is approximately $8.6M (modeled range $157K–$97.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Parallax Health Sciences, Inc. at?
Parallax Health Sciences, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Nov 16.
What does Parallax Health Sciences, Inc. do and where is it based?
Parallax Health Sciences, Inc. operates in the Healthtech sector, based in SANTA MONICA.
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