Diligence memo · auto-generated · as of July 2, 2026
Quro Medical
Quro Medical looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Quro Medical operates in Healthtech, based in Johannesburg, Africa. 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.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Quro Medical has raised $1.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.3M on 2023-05-10.
Most recent recorded round closed around 2023-05-10.
Valuation (modeled)modeled
Provath models Quro Medical at approximately $10M (range $1.1M–$36M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.79× the median modeled value of Seed Healthtech companies in 2022–2024 (162 peers) — value vs value, same stage and era. Within the normal band (79% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 3.1 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 32% of Healthtech peers (2138 compared).
Modeled value ranks above 33% of those peers.
Closest niche peers: NJ Shore Wellness LLC, Neb Health Inc, Aerwave Medical, Inc., Oya Care Ltd, Aam Care, Inc..
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.