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

Switchboard Health, Inc.

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

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

Businessfiled

Switchboard Health, Inc. operates in Healthtech, based in Boise.

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

Capital & rounds (filed)filed

Switchboard Health, Inc. has raised $7.7M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.5M on 2023-10-27.

Most recent recorded round closed around 2025-06-04.

Valuation (modeled)modeled

Provath models Switchboard Health, Inc. at approximately $7.9M (range $2.9M–$14M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.41× the median modeled value of Series A Healthtech companies in 2025–2027 (99 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 19 months.

Last raise 13 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 2.4× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 64% of Healthtech peers (2138 compared).

Modeled value ranks above 29% of those peers.

Closest niche peers: Queen Dental USA Inc, Healthplan Data Solutions, Inc., Chronic Care Management, Inc., Mountain Health Technologies, Inc., Modular Medical, 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.