Diligence memo · auto-generated · as of July 2, 2026
Verve Medical, Inc.
Verve Medical, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Verve Medical, Inc. operates in Healthtech, based in Scottsdale.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Verve Medical, Inc. has raised $3.6M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.0M on 2014-12-31.
Most recent recorded round closed around 2016-10-24.
Valuation (modeled)modeled
Provath models Verve Medical, Inc. at approximately $13M (range $398K–$102M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.23× the median modeled value of Seed Healthtech companies in 2016–2018 (148 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 9.7 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 50% of Healthtech peers (2138 compared).
Modeled value ranks above 37% of those peers.
Closest niche peers: Carie Health, LLC, Prepared Health, Inc., Hancock Medical, Inc., PGCS PC Tapestry Tallahassee Assisted Living & Memory Care LP, Bedford Population Health, LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.