Diligence memo · auto-generated · as of July 3, 2026

Ride Health, Inc.

Ride Health, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Ride Health, Inc. operates in Healthtech, based in NEW YORK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Ride Health, Inc. has raised $21M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $15M on 2024-11-12.

Most recent recorded round closed around 2024-11-12.

Valuation (modeled)modeled

Provath models Ride Health, Inc. at approximately $93M (range $36M–$156M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.56× the median modeled value of Series B Healthtech companies in 2022–2024 (98 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 21 months.

Last raise 20 mo ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

The last round was 1.4× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 81% of Healthtech peers (2138 compared).

Modeled value ranks above 75% of those peers.

Closest niche peers: Casana Care, Inc., Mendel Health Inc., Bicycle Health Inc., Brave Health, Inc., Flume Health, Inc..

Peoplefiled

8 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.