Diligence memo · auto-generated · as of July 2, 2026
Pioneer Health Systems LLC
Pioneer Health Systems LLC has raised $46M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Pioneer Health Systems LLC operates in Hospitals and Physicians, based in Addison.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pioneer Health Systems LLC has raised $46M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2019-05-14.
Most recent recorded round closed around 2019-08-01.
Valuation (modeled)modeled
Provath models Pioneer Health Systems LLC at approximately $19M (range $3.4M–$51M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 6.9 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 49.6× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 46% of those peers.
Closest niche peers: ADVENT Holdings, LLC, WHCG Purchaser Management, LLC, DMG Practice Management Solutions LLC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.