Companies · Healthtech

Treehouse Health, Llc

BOULDER · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Treehouse Health, Llc — recommendation, valuation, rhythm, risks.
$10.2M
Total raised · real
4
Rounds
35.6×
Latest step-up
Top 31%
Sector rank · raised
Series A
Latest stage · inferred · Mon Apr 03 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Treehouse Health, Llc looks over-valued against its niche peers and is at-risk on financing cadence.

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

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

Over-valued
  • Modeled value is 1.53× the median modeled value of Series A Healthtech companies in 2022–2024 (190 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Treehouse Health, Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
10.5 yr record
Peak capital year was 2023 with $8.0M across 1 filings.
Market position
ahead of 70% of Healthtech peers
Capital scale is ahead of 70% of Healthtech peers; modeled value is above 67% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $8.0M across 1 filings.
  • Largest single filing was $8.0M on 2023-04-03.
  • Filing rows sum to $11.0M, while canonical raised total is $10.2M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Healthtech

Treehouse Health, Llc is one of 2138 Healthtech companies tracked from BOULDER. By capital raised it ranks in the upper tier (ahead of 70% of sector peers), and mid-pack 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
1
Investors (latest)
2023-04-03
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$25M$50M$75M$100MSeed · 2015-12-30 Raised $1.9M (real) Modeled valuation $51M (est)$1.9M$51MSeed2015Pre-Seed · 2015-12-30 Raised $850K (real) Modeled valuation $29M (est)$850K$29MPre-Seed2015Seed · 2016-09-20 Raised $100K (real) Modeled valuation $2.8M (est)$100K$2.8MSeed2016Seed · 2019-01-19 Raised $225K (real) Modeled valuation $6.2M (est)$225K$6.2MSeed2019Series A · 2023-04-03 Raised $8.0M (real) Modeled valuation $64M (est)$8.0M$64MSeries A2023+$850K+$100K+$225K+$8.0MCumulative $11M

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
Seed$1.9M · 2015
Bridge · Seed-stage$850K · 2015smaller follow-on
Seed extension$100K · 2016
Seed extension$225K · 2019
Series A$8.0M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$64.0M
Base estimate est.
$10.3M
Conservative case
$184.4M
Upside case
$36.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $51.4M · 2015-12-302015Pre-Seed · modeled $29.3M · 2015-12-30Seed · modeled $2.8M · 2016-09-20Seed · modeled $6.2M · 2019-01-19Series A · modeled $64.0M · 2023-04-032023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$1.4M/yr
Capital velocity
10.5 yr
On record since
2015
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 2.3× above median
This company$10.2M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.5× above median
This company$8.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 1.9× above median
This company$64.0M
Sector median$33.8M

Raised more than 70% of sector peers (real $). Modeled value above 67% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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. This company ranks #52 of 190.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Nayya Health, Inc. · Series A Raised $15.0M · modeled $183.1M (est)Nue Life Health Inc. · Series A Raised $18.6M · modeled $182.9M (est)W Health Studio, Inc. · Series A Raised $13.0M · modeled $157.6M (est)Avant-garde Health, Inc. · Series A Raised $16.5M · modeled $155.7M (est)Kinetik Healthcare Solutions, Inc · Series A Raised $19.5M · modeled $138.0M (est)Acclivity Health Solutions, Inc. · Series A Raised $21.4M · modeled $135.1M (est)Midi Health, Inc. · Series A Raised $13.9M · modeled $133.3M (est)Orbi Health, Inc. · Series A Raised $10.7M · modeled $120.0M (est)Levels Health Inc. · Series A Raised $34.0M · modeled $119.5M (est)Phoenix Animal Wellness, Inc. · Series A Raised $15.0M · modeled $115.5M (est)Leda Health Corp · Series A Raised $9.4M · modeled $112.1M (est)Juno Care Systems, Inc. · Series A Raised $10.7M · modeled $111.7M (est)Treehouse Health, Llc (this company) Raised $10.2M · modeled $64.0M (est)Treehouse Health, Llc
CompanyStageRaised · realValue · estvs peer med.
Nayya Health, Inc.Series A$15.0M$183.1M4.39×
Nue Life Health Inc.Series A$18.6M$182.9M4.38×
W Health Studio, Inc.Series A$13.0M$157.6M3.77×
Avant-garde Health, Inc.Series A$16.5M$155.7M3.73×
Kinetik Healthcare Solutions, IncSeries A$19.5M$138.0M3.31×
Acclivity Health Solutions, Inc.Series A$21.4M$135.1M3.24×
Midi Health, Inc.Series A$13.9M$133.3M3.19×
Orbi Health, Inc.Series A$10.7M$120.0M2.87×
Levels Health Inc.Series A$34.0M$119.5M2.86×
Phoenix Animal Wellness, Inc.Series A$15.0M$115.5M2.77×
Leda Health CorpSeries A$9.4M$112.1M2.68×
Juno Care Systems, Inc.Series A$10.7M$111.7M2.68×
Treehouse Health, Llc this companySeries A$10.2M$64.0M1.53×
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.
Seed$1.9M2015-12-30$9.3M$51.4M85%
Pre-Seed$850K2015-12-30$4.7M$29.3M85%
Seed$100K2016-09-20$500K$2.8M90%
Seed$225K2019-01-19$1.1M$6.2M90%
Series A$8.0M2023-04-03$36.4M$64.0M90%
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. Seed$1.9M2015-12-30
    • First recorded raise — entered as Seed.
    • 32 investors on this round.
  2. Pre-Seed$850K2015-12-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  3. Seed$100K2016-09-20
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 8.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Seed$225K2019-01-19
    • Raised again after 28 mo — slower than the ~14 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series A$8.0M2023-04-03
    • Raised again after 50 mo — slower than the ~14 mo sector norm.
    • Round 35.6× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~22mo cadence
$24.0M
Modeled next size est.range $15.6M$38.4M
35.6×
Last step-up
$1.4M/yr
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
Don Fox2023-04
DON W FOX2019-01
Gary Gerber2015-12
GARY W GERBER2019-01
Gerber Gary2015-12
Matthew Oerding2015-12
MATTHEW W OERDING2019-01
Oerding Matthew2015-12
Registry & provenance

Treehouse Health, Llc 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
1662547
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
Epion Health, Inc.HealthtechSeries A$10.2M$76.9Msame sector · same stage
Free Flow Medical, Inc.HealthtechSeries A$10.1M$40.9Msame sector · same stage
Dock Health Inc.HealthtechSeries A$10.0M$56.8Msame sector · same stage
Edaris Health, Inc.HealthtechSeries A$10.0M$64.1Msame sector · same stage
Meta Care, Inc.HealthtechSeries A$10.0M$67.6Msame sector · same stage
SeaStar Medical Holding CorpHealthtechSeries A$10.0M$49.5Msame sector · same stage
Ultimaxx Health, LLCHealthtechSeries A$10.0M$76.8Msame sector · same stage
YYS HEAlTH lNTERNATIONAL INC.HealthtechSeries A$10.0M$41.7Msame 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
Treehouse Health, Llc / GaHealthtechSeed$14.2M94%
Beach House Behavioral Health, Inc.HealthtechSeed$7.1M86%
Health House Inc.HealthtechSeed$33.3M85%
Carie Health, LLCHealthtechSeed$110.9M84%
Health Sapiens, LLCHealthtechSeries C$1.3B84%
Oak Street Health, LLCHealthtechSeries C$38.4M84%
TBD Health Inc.HealthtechSeries A$59.3M83%
Orchard Healthcare, Inc.HealthtechSeries B$338.9M83%
Frequently asked
How much funding has Treehouse Health, Llc raised?
Treehouse Health, Llc has raised approximately $10.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Treehouse Health, Llc's estimated valuation?
Provath's modeled valuation for Treehouse Health, Llc is approximately $64.0M (modeled range $10.3M–$184.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Treehouse Health, Llc at?
Treehouse Health, Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Apr 03.
What does Treehouse Health, Llc do and where is it based?
Treehouse Health, Llc operates in the Healthtech sector, based in BOULDER.
Explore related

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

Is this your company?

If you work at Treehouse Health, Llc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.