Diligence memo · auto-generated · as of July 2, 2026
Rennova Health, Inc.
Rennova Health, Inc. has raised $120M over 37 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Rennova Health, Inc. operates in Hospitals and Physicians, based in WEST PALM BEACH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Rennova Health, Inc. has raised $120M in disclosed capital across 37 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $30M on 2020-08-31.
Most recent recorded round closed around 2022-03-11.
Filings read as a recurring offering program rather than a clean venture-stage ladder — interpret stage labels and step-ups with that in mind.
Valuation (modeled)modeled
Provath models Rennova Health, Inc. at approximately $19M (range $3.7M–$53M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 4.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 46% of those peers.
Closest niche peers: Chinese American IPA, Inc., Frontier Network Inc.
Peoplefiled
22 named people on file across officers, directors and signatories.
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.
Recurring-offering pattern: stage-based valuation has lower applicability.