Companies · Healthtech

RecoMed

Africa · Healthtech

Diligence memoA one-page analyst read on RecoMed — recommendation, valuation, rhythm, risks.→
$324K
Total raised · real
1
Rounds
—
Latest step-up
Top 84%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Nov 23 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

RecoMed 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.

Fair
  • Modeled value is 0.81× the median modeled value of Pre-Seed Healthtech companies in 2016–2018 (113 peers) — value vs value, same stage and era.
  • Within the normal band (81% of peer median) for its niche.
Dormant
  • Last raise 8.6 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.
Leadership

No named principal in this company's public records yet — see all operators below.

3 Investors
Where it sits in Healthtech

RecoMed is one of 2138 Healthtech companies tracked from Africa. By capital raised it ranks in the long tail (ahead of 17% 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 RecoMed secures $324k investment 0 By Tom Jackson on November 23, 2017 News , Southern Africa South African e-health startup RecoMed has raised ZAR4.5 million (US$324,000) in funding to fund a shift to increasing product traction and market its products and services. RecoMed is an online healthcare marketplace, enabling consumers to easily book appointments with a diverse group of healthcare providers 24/7, who in turn benefit from increased patient traffic and practice efficiencies.

SA e-health startup RecoMed secures $324k investment 0 By Tom Jackson on November 23, 2017 News , Southern Africa South African e-health startup RecoMed has raised ZAR4.5 million (US$324,000) in funding to fund a shift to increasing product traction and market its products and services. RecoMed is an online healthcare marketplace, enabling consumers to easily book appointments with a diverse group of healthcare providers 24/7, who in turn benefit from increased patient traffic and practice efficiencies.

healthtech

As reported in public records reported — not modeled.

ZA
Jurisdiction
3
Investors (latest)
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$5.0M$10M$15M$20MPre-Seed · 2017-11-23 Raised $324K (real) Modeled valuation $11M (est)$324K$11MPre-Seed2017

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$324K · 2017

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

Modeled valuation trajectory
$11.2M
Base estimate est.
$203K
Conservative case
$126.7M
Upside case
$1.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). 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.

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
8.6 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
8.9 yr
On record since
2017
First round
1
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)▼ 0.1× of median
This company$324K
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▼ 0.9× of median
This company$324K
Sector median$375K
Modeled value — vs sector median (estimate, all stages)▼ 0.3× of median
This company$11.2M
Sector median$33.8M

Raised more than 17% of sector peers (real $). Modeled value above 34% 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 #71 of 113.

This companyCohort peer
$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)RecoMed (this company) Raised $324K · modeled $11.2M (est)RecoMed
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×
RecoMed this companyPre-Seed$324K$11.2M0.81×
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$324K2017-11-23$1.8M$11.2M45%
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$324K2017-11-23
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
—
Modeled next raise
$518K
Modeled next size est.range $337K–$829K
—
Last step-up
—
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.

Registry & provenance

RecoMed 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
ZA
Jurisdiction
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
Aida Health, Inc.HealthtechPre-Seed$324K$11.2Msame sector · same stage
BBM Health LLCHealthtechPre-Seed$325K$11.2Msame sector · same stage
Croton Healthcare, LLCHealthtechPre-Seed$325K$11.2Msame sector · same stage
El Camino Real Medical, Inc.HealthtechPre-Seed$320K$5.3Msame sector · same stage
VR Health Network Inc.HealthtechPre-Seed$340K$11.7Msame sector · same stage
Clinical & Herbal Innovations, Inc.HealthtechPre-Seed$305K$7.7Msame sector · same stage
Valleygate Dental Surgery Center of Fayetteville LLCHealthtechPre-Seed$304K$6.1Msame sector · same stage
Care At Home Denver LLCHealthtechPre-Seed$300K$10.3Msame sector · same stage
Investors

Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.

FirmRoundConfidence
ASISA Enterprise Development FundPre-Seed55%
ASISA ESD FundPre-Seed55%
Growth Grid Venture Capital PartnersPre-Seed55%
Frequently asked
How much funding has RecoMed raised?
RecoMed has raised approximately $324K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is RecoMed's estimated valuation?
Provath's modeled valuation for RecoMed is approximately $11.2M (modeled range $203K–$126.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is RecoMed at?
RecoMed's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Nov 23.
What does RecoMed do and where is it based?
RecoMed operates in the Healthtech sector, based in Africa. SA e-health startup RecoMed secures $324k investment 0 By Tom Jackson on November 23, 2017 News , Southern Africa South African e-health startup RecoMed has raised ZAR4.5 million (US$324,000) in funding to fund a shift to increasing product traction and market its products and services. RecoMed is an online healthcare marketplace, enabling consumers to easily book appointments with a diverse group of healthcare providers 24/7, who in turn benefit from increased patient traffic and practice efficiencies.
Explore related

See where RecoMed sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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