Companies · Healthtech
Johannesburg · Africa · Healthtech · founded 2018
Diligence memoA one-page analyst read on Quro Medical — recommendation, valuation, rhythm, risks.→Quro Medical 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.
No named principal in this company's public records yet — see all operators below.
Quro Medical is one of 2138 Healthtech companies tracked from Johannesburg, Africa, on record since 2018. By capital raised it ranks in the long tail (ahead of 32% 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.
SA e-health startup Quro Medical raises $1.3m funding from Mineworkers Investment Company 0 By Tom Jackson on May 10, 2023 News , Southern Africa South African e-health startup Quro Medical has raised ZAR25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes.
SA e-health startup Quro Medical raises $1.3m funding from Mineworkers Investment Company 0 By Tom Jackson on May 10, 2023 News , Southern Africa South African e-health startup Quro Medical has raised ZAR25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes.
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
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.
Raised more than 32% of sector peers (real $). Modeled value above 33% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (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 #96 of 162.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| NJ Shore Wellness LLC | Seed | $4.0M | $52.7M | 4.18× |
| Neb Health Inc | Seed | $3.7M | $51.4M | 4.08× |
| Aerwave Medical, Inc. | Seed | $5.5M | $45.1M | 3.58× |
| Oya Care Ltd | Seed | $3.4M | $45.0M | 3.57× |
| Aam Care, Inc. | Seed | $7.0M | $45.0M | 3.57× |
| Medical Engineering Innovations, Inc. | Seed | $7.5M | $44.5M | 3.53× |
| Virtual Health Partners, Inc. | Seed | $7.4M | $43.2M | 3.43× |
| Pattern Health Technologies, Inc. | Seed | $3.3M | $38.4M | 3.05× |
| Navigator Healthcare Inc. | Seed | $6.4M | $38.1M | 3.02× |
| Cinematic Health Education, Inc. | Seed | $3.9M | $37.7M | 2.99× |
| Fresenius Medical Care Winter Lake, LLC | Seed | $3.6M | $37.3M | 2.96× |
| Oto Health Inc. | Seed | $3.3M | $36.8M | 2.92× |
| Quro Medical this company | Seed | $1.3M | $10.0M | 0.79× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Seed | $1.3M | 2023-05-10 | $6.5M | $10.0M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Quro Medical is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Zuri Health | Healthtech | Seed | $1.3M | $9.1M | same sector · same stage |
| Imagen Oaktown Family Dental Support Services, LLC | Healthtech | Seed | $1.3M | $4.9M | same sector · same stage |
| Imagen North Tahoe Dental Support Services, LLC | Healthtech | Seed | $1.3M | $6.5M | same sector · same stage |
| Encore Medical, Inc. | Healthtech | Seed | $1.3M | $13.3M | same sector · same stage |
| Kizuna Care Inc. | Healthtech | Seed | $1.3M | $5.8M | same sector · same stage |
| Sniffle Health Inc. | Healthtech | Seed | $1.4M | $5.7M | same sector · same stage |
| Friendly Health Technologies Inc. | Healthtech | Seed | $1.3M | $4.9M | same sector · same stage |
| Trio Medical Corp | Healthtech | Seed | $1.4M | $9.7M | same sector · same stage |
Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.
| Firm | Round | Confidence |
|---|---|---|
| MIC Khulisani Ventures | Seed | 55% |
| Mineworkers Investment Company | Seed | 55% |
See where Quro Medical sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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