Diligence memo · auto-generated · as of July 2, 2026
Saluda Medical, Inc.
Saluda Medical, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Saluda Medical, Inc. operates in Healthtech, based in Bloomington.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Saluda Medical, Inc. has raised $180M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $150M on 2023-04-06.
Most recent recorded round closed around 2025-10-30.
Valuation (modeled)modeled
Provath models Saluda Medical, Inc. at approximately $232M (range $160M–$277M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.33× the median modeled value of Series D+ Healthtech companies in 2025–2027 (9 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 8 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 5.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Healthtech peers (2138 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Ambience Healthcare, Inc., Supira Medical, Inc., SetPoint Medical Corp, Kensana Health Inc., Imperative Care, Inc..
Peoplefiled
14 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.