Companies · Fintech

Remedial HealthWinter 2022Active

Lagos · LA, Nigeria; LA, Nigeria · Fintech · founded 2022 · https://remedial.health

Diligence memoA one-page analyst read on Remedial Health — recommendation, valuation, rhythm, risks.
$4.4M
Total raised · real
1
Rounds
Latest step-up
Top 17%
Sector rank · raised
Seed
Latest stage · inferred · Wed Sep 21 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Remedial Health looks over-valued 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 fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.40× the median modeled value of Seed Fintech companies in 2022–2024 (53 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.8 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Where it sits in Fintech

Remedial Health is one of 1063 Fintech companies tracked from Lagos, LA, Nigeria; LA, Nigeria, on record since 2022. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

B2B E-commerce & Fintech platform for Pharmacies & Hospitals in Africa

Remedial Health sells medicine wholesale to the 1 million pharmacies and hospitals in Africa. Today in Africa, pharmacies shop in open-air medicine markets where they pay higher prices for counterfeits medicines. We offer a managed marketplace with all the stock they'll need, deliver within 24 hours and offer credit to help them grow.

B2BE-commerceFintechecommerce/retailfintech
Find Remedial Health online

As reported in public records reported — not modeled.

NG
Jurisdiction
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$25M$50M$75M$100MSeed · 2022-09-21 Raised $4.4M (real) Modeled valuation $53M (est)$4.4M$53MSeed2022

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
Seed$4.4M · 2022

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%.

Modeled valuation trajectory
$52.7M
Base estimate est.
$3.8M
Conservative case
$226.6M
Upside case
$22.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 60% high
1.62×/yr
Annual markup
2.13×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.8 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. 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) 1.0× above median
This company$4.4M
Sector median$4.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.2× above median
This company$4.4M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$52.7M
Sector median$45.0M

Raised more than 84% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

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 #7 of 53.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Floatpays Inc · Seed Raised $4.0M · modeled $65.7M (est)Sote, Inc. · Seed Raised $11.3M · modeled $65.5M (est)Earnipay · Seed Raised $4.0M · modeled $63.7M (est)Pink Swan Trading, Inc. · Seed Raised $3.3M · modeled $55.7M (est)Tweed Payments Inc. · Seed Raised $4.0M · modeled $53.7M (est)Coverage Cat Inc. · Seed Raised $4.0M · modeled $52.7M (est)Duplo · Seed Raised $4.3M · modeled $52.6M (est)Flash · Seed Raised $6.0M · modeled $48.3M (est)Mobie Payments, Inc. · Seed Raised $3.0M · modeled $47.0M (est)BluePenguin Payments Inc. · Seed Raised $3.2M · modeled $45.5M (est)ImaliPay · Seed Raised $3.0M · modeled $44.6M (est)Remedial Health (this company) Raised $4.4M · modeled $52.7M (est)Remedial Health
CompanyStageRaised · realValue · estvs peer med.
Floatpays IncSeed$4.0M$65.7M2.99×
Sote, Inc.Seed$11.3M$65.5M2.98×
EarnipaySeed$4.0M$63.7M2.90×
Pink Swan Trading, Inc.Seed$3.3M$55.7M2.53×
Tweed Payments Inc.Seed$4.0M$53.7M2.44×
Coverage Cat Inc.Seed$4.0M$52.7M2.40×
Remedial Health this companySeed$4.4M$52.7M2.40×
DuploSeed$4.3M$52.6M2.39×
FlashSeed$6.0M$48.3M2.19×
Mobie Payments, Inc.Seed$3.0M$47.0M2.14×
BluePenguin Payments Inc.Seed$3.2M$45.5M2.07×
ImaliPaySeed$3.0M$44.6M2.03×
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.
Seed$4.4M2022-09-21$22.0M$52.7M45%
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. Seed$4.4M2022-09-21
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$7.0M
Modeled next size est.range $4.6M$11.3M
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

Remedial Health 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
NG
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
SmartPath, Inc.FintechSeed$4.4M$48.5Msame sector · same stage
Indicina, Inc.FintechSeed$4.5M$73.6Msame sector · same stage
DuploFintechSeed$4.3M$52.6Msame sector · same stage
WealthForge Holdings, Inc.FintechSeed$4.1M$7.2Msame sector · same stage
Coverage Cat Inc.FintechSeed$4.0M$52.7Msame sector · same stage
EarnipayFintechSeed$4.0M$63.7Msame sector · same stage
Floatpays IncFintechSeed$4.0M$65.7Msame sector · same stage
KwaraFintechSeed$4.0M$70.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
ReEngage Therapeutics, Inc.PharmaPre-Seed$950K75%
Return Health Inc.PharmaceuticalsPre-Seed$3.1M75%
Reema Health Inc.HealthtechSeries B$93.1M74%
Suplias
We enable FMCG distributors in Africa buy inventory on credit
Fintech74%
Africa Health Holdings LtdHospitals and PhysiciansSeries A$262.3M74%
Unstatiq
Single source of truth for your clinic's finances and supply chain.
SaaS / Software73%
Abrexa Pharmaceuticals, Inc.Biotech / PharmaSeries B$118.0M73%
DBV Technologies S.A.PharmaceuticalsSeries D+$2.6B73%
Frequently asked
How much funding has Remedial Health raised?
Remedial Health has raised approximately $4.4M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Remedial Health's estimated valuation?
Provath's modeled valuation for Remedial Health is approximately $52.7M (modeled range $3.8M–$226.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Remedial Health at?
Remedial Health's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Sep 21.
What does Remedial Health do and where is it based?
Remedial Health operates in the Fintech sector, based in Lagos, LA, Nigeria; LA, Nigeria. B2B E-commerce & Fintech platform for Pharmacies & Hospitals in Africa
Explore related

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

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