Companies · Healthtech
Africa · Healthtech
Diligence memoA one-page analyst read on RecoMed — recommendation, valuation, rhythm, risks.→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.
No named principal in this company's public records yet — see all operators below.
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.
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). Ladder is contiguous — every modeled rung has a record.
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.
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 17% of sector peers (real $). Modeled value above 35% of peers (estimate).
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.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Nulogix Health, Inc. | Pre-Seed | $1.0M | $34.5M | 2.50× |
| HealthTech Solutions, Inc. | Pre-Seed | $1.0M | $34.5M | 2.50× |
| Caddo Medical Technologies LLC | Pre-Seed | $1.0M | $34.5M | 2.50× |
| Markit Medical, Inc. | Pre-Seed | $960K | $33.1M | 2.40× |
| Unique Medical Services, LLC | Pre-Seed | $950K | $32.8M | 2.38× |
| JTT Health Management LLC | Pre-Seed | $950K | $32.8M | 2.38× |
| Fresenius Medical Care Cedar Hill, LLC | Pre-Seed | $928K | $32.0M | 2.32× |
| Klarion Wellness Inc. | Pre-Seed | $900K | $31.0M | 2.25× |
| Hitch Health, Inc. | Pre-Seed | $900K | $31.0M | 2.25× |
| Primus Healthcare Holdings, LLC | Pre-Seed | $2.4M | $30.2M | 2.19× |
| Radiant Health Management Corp. | Pre-Seed | $870K | $30.0M | 2.18× |
| Healthcare Sales Enablement Inc. | Pre-Seed | $1.3M | $30.0M | 2.17× |
| RecoMed this company | Pre-Seed | $324K | $11.2M | 0.81× |
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. |
|---|---|---|---|---|---|
| Pre-Seed | $324K | 2017-11-23 | $1.8M | $11.2M | 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.
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.
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 |
|---|---|---|---|---|---|
| Aida Health, Inc. | Healthtech | Pre-Seed | $324K | $11.2M | same sector · same stage |
| BBM Health LLC | Healthtech | Pre-Seed | $325K | $11.2M | same sector · same stage |
| Croton Healthcare, LLC | Healthtech | Pre-Seed | $325K | $11.2M | same sector · same stage |
| El Camino Real Medical, Inc. | Healthtech | Pre-Seed | $320K | $5.2M | same sector · same stage |
| VR Health Network Inc. | Healthtech | Pre-Seed | $340K | $11.7M | same sector · same stage |
| Clinical & Herbal Innovations, Inc. | Healthtech | Pre-Seed | $305K | $7.7M | same sector · same stage |
| Valleygate Dental Surgery Center of Fayetteville LLC | Healthtech | Pre-Seed | $304K | $6.0M | same sector · same stage |
| Care At Home Denver LLC | Healthtech | Pre-Seed | $300K | $10.3M | 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 |
|---|---|---|
| ASISA Enterprise Development Fund | Pre-Seed | 55% |
| ASISA ESD Fund | Pre-Seed | 55% |
| Growth Grid Venture Capital Partners | Pre-Seed | 55% |
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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