Companies · Other Health Care

Transcarent, Inc.New on the radar

DENVER · Other Health Care

Diligence memoA one-page analyst read on Transcarent, Inc. — recommendation, valuation, rhythm, risks.
$481.0M
Total raised · real
1
Rounds
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Mon Apr 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Transcarent, Inc. has raised $481M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

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

Active
  • Last raise 15 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Transcarent, Inc. is one of 5377 Other Health Care companies tracked from DENVER. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
33
Investors (latest)
2025-04-07
First sale
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$2.5B$5.0B$7.5B$10.0BGrowth/Late · 2025-04-07 Raised $481M (real) Modeled valuation $5.0B (est)$481M$5.0BGrowth/Late2025

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
Growth/Late$481.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$5.0B
Base estimate est.
$3.5B
Conservative case
$6.0B
Upside case
$4.8B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
73% low · 91% high
1.19×/yr
Annual markup
1.29×/yr upside case
1.2 yr
Elapsed time used
1.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.2 yr
On record since
2025
First round
New
First-time filer
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 198× above median
This company$481.0M
Sector median$2.4M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 1.0× above median
This company$481.0M
Sector median$475.0M
Modeled value — vs sector median (estimate, all stages) 228× above median
This company$5.0B
Sector median$22.1M

Raised more than 100% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Fovea Investment Holdings, LLCGrowth/Late$800.0M$8.7B1.27×
Transcarent, Inc. this companyGrowth/Late$481.0M$5.0B0.73×
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.
Growth/Late$481.0M2025-04-07$4.8B$5.0B90%
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. Growth/Late$481.0M2025-04-07
    • First recorded raise — entered as Growth/Late.
    • 33 investors on this round.
Intelligence
Modeled next raise
$769.6M
Modeled next size est.range $500.2M$1.2B
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.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Hemant Taneja20 other2025-04
Glen Tullman11 other2025-04
LEE SHAPIRO9 other2025-04
Holly Maloney6 other2025-04
Erica Davila2025-04
Ken Frazier2025-04
Stephanie Peng2025-04
Registry & provenance

Transcarent, Inc. 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
US
Jurisdiction
2065307
SEC CIK
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
HomeThrive, Inc.Other Health CareSeries B$35.3M$131.9Mnetwork2 shared operators · same sector
Eoshealth, Inc.Other Health CareSeries A$8.2M$165.5Mnetwork2 shared operators · same sector
7wV-EssCo, Inc.Other Health CareSeries A$6.0M$121.1Mnetwork2 shared operators · same sector
Charlotte's Web Holdings, Inc.Other Health CareGrowth/Late$483.9M$895.9Msame sector · same stage
SM Midco L.P.Other Health CareGrowth/Late$406.8M$9.6Bsame sector · same stage
Fractyl Laboratories Inc.Other Health CareSeries C$290.1M$309.8Mnetwork1 shared operator · same sector
ACI Group Holdings, Inc.Other Health CareGrowth/Late$598.6M$4.3Bsame sector · same stage
Fovea Investment Holdings, LLCOther Health CareGrowth/Late$800.0M$8.7Bsame 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
TranspareRx CorpOther Health CareSeed$20.3M89%
TransCanna Holdings Inc.Other Health CarePre-Seed$13.3M88%
Transenterix Inc.Other Health CareSeries D+$21.9M87%
Transition CNA, Inc.Other Health CarePre-Seed$979K87%
TCH Group, Inc.Other Health CareSeries B$487.9M85%
RenovoRx, Inc.Other Health CareSeries A$58.1M85%
CareDirect Solutions, Inc.Other Health CarePre-Seed$5.2M85%
TSNC, Inc.Other Health CareSeed$49.6M85%
Frequently asked
How much funding has Transcarent, Inc. raised?
Transcarent, Inc. has raised approximately $481.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Transcarent, Inc.'s estimated valuation?
Provath's modeled valuation for Transcarent, Inc. is approximately $5.0B (modeled range $3.5B–$6.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Transcarent, Inc. at?
Transcarent, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Mon Apr 07.
What does Transcarent, Inc. do and where is it based?
Transcarent, Inc. operates in the Other Health Care sector, based in DENVER.
Explore related

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

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