Companies · Healthtech

Visana Health, Inc.

MINNEAPOLIS · Healthtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Visana Health, Inc. — recommendation, valuation, rhythm, risks.
$45.6M
Total raised · real
6
Rounds
3.9×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Fri Aug 01 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Visana Health, Inc. looks fair against its niche peers and is active 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.

Fair
  • Modeled value is 1.16× the median modeled value of Series B Healthtech companies in 2025–2027 (55 peers) — value vs value, same stage and era.
  • Within the normal band (116% of peer median) for its niche.
Active
  • Last raise 11 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 Healthtech

Visana Health, Inc. is one of 2138 Healthtech companies tracked from MINNEAPOLIS. By capital raised it ranks among the largest (ahead of 90% of sector peers), and in the upper tier 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
10
Investors (latest)
2025-08-01
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$50M$100M$150M$200MPre-Seed · 2019-07-19 Raised $130K (real) Modeled valuation $4.5M (est)Pre-Seed2019Seed · 2022-02-03 Raised $2.4M (real) Modeled valuation $32M (est)Seed2022Pre-Seed · 2022-02-03 Raised $700K (real) Modeled valuation $11M (est)Pre-Seed2022Series A · 2023-05-25 Raised $13M (real) Modeled valuation $101M (est)Series A2023Series A · 2023-06-15 Raised $125K (real) Modeled valuation $927K (est)Series A2023Series A · 2024-10-18 Raised $6.0M (real) Modeled valuation $27M (est)Series A2024Series B · 2025-08-01 Raised $24M (real) Modeled valuation $113M (est)Series B2025+$2.4M+$700K+$13M+$125K+$6.0M+$24MCumulative $46M

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
Pre-Seed$130K · 2019
Seed$2.4M · 2022
Bridge · Seed-stage$700K · 2022smaller follow-on
Series A$13.4M · 2023
Series A extension$125K · 2023
Series A extension$6.0M · 2024
Series B$23.7M · 2025

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

Modeled valuation trajectory
$113.2M
Base estimate est.
$55.6M
Conservative case
$164.6M
Upside case
$131.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $4.5M · 2019-07-192019Seed · modeled $31.9M · 2022-02-03Pre-Seed · modeled $10.6M · 2022-02-03Series A · modeled $101.3M · 2023-05-25Series A · modeled $927K · 2023-06-15Series A · modeled $26.8M · 2024-10-18Series B · modeled $113.2M · 2025-08-012025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.38×/yr
Annual markup
1.67×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$7.6M/yr
Capital velocity
7.0 yr
On record since
2019
First round
7
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) 10× above median
This company$45.6M
Sector median$4.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.3× above median
This company$23.7M
Sector median$18.3M
Modeled value — vs sector median (estimate, all stages) 3.3× above median
This company$113.2M
Sector median$33.8M

Raised more than 90% of sector peers (real $). Modeled value above 79% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #17 of 55.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Sevaro Health Inc · Series B Raised $46.0M · modeled $175.0M (est)Field Medical, Inc. · Series B Raised $61.9M · modeled $172.8M (est)Berry Street Health, Inc. · Series B Raised $39.2M · modeled $170.0M (est)Puzzle Medical Devices Inc. · Series B Raised $30.0M · modeled $168.6M (est)Cartwheel Care Inc. · Series B Raised $35.2M · modeled $168.1M (est)Spiro Medical Inc. · Series B Raised $39.1M · modeled $156.6M (est)Nomad Health, Inc. · Series B Raised $106.9M · modeled $153.2M (est)Charta Health, Inc. · Series B Raised $30.1M · modeled $148.8M (est)Integrated Care Partners, Inc. · Series B Raised $55.0M · modeled $145.9M (est)Commons Clinic Inc. · Series B Raised $69.8M · modeled $145.0M (est)Lumata Health Inc. · Series B Raised $35.4M · modeled $131.3M (est)Okami Medical, Inc. · Series B Raised $77.2M · modeled $125.6M (est)Visana Health, Inc. (this company) Raised $45.6M · modeled $113.2M (est)Visana Health, Inc.
CompanyStageRaised · realValue · estvs peer med.
Sevaro Health IncSeries B$46.0M$175.0M1.80×
Field Medical, Inc.Series B$61.9M$172.8M1.77×
Berry Street Health, Inc.Series B$39.2M$170.0M1.74×
Puzzle Medical Devices Inc.Series B$30.0M$168.6M1.73×
Cartwheel Care Inc.Series B$35.2M$168.1M1.72×
Spiro Medical Inc.Series B$39.1M$156.6M1.61×
Nomad Health, Inc.Series B$106.9M$153.2M1.57×
Charta Health, Inc.Series B$30.1M$148.8M1.53×
Integrated Care Partners, Inc.Series B$55.0M$145.9M1.50×
Commons Clinic Inc.Series B$69.8M$145.0M1.49×
Lumata Health Inc.Series B$35.4M$131.3M1.35×
Okami Medical, Inc.Series B$77.2M$125.6M1.29×
Visana Health, Inc. this companySeries B$45.6M$113.2M1.16×
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.
Pre-Seed$130K2019-07-19$722K$4.5M90%
Seed$2.4M2022-02-03$11.8M$31.9M90%
Pre-Seed$700K2022-02-03$3.9M$10.6M90%
Series A$13.4M2023-05-25$60.7M$101.3M90%
Series A$125K2023-06-15$568K$927K90%
Series A$6.0M2024-10-18$27.3M$26.8M90%
Series B$23.7M2025-08-01$131.5M$113.2M90%
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. Pre-Seed$130K2019-07-19
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$2.4M2022-02-03
    • Raised again after 31 mo — slower than the ~14 mo sector norm.
    • Round 18.1× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Pre-Seed$700K2022-02-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Series A$13.4M2023-05-25
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 19.1× larger than the prior — scaling up.
    • 18 investors on this round.
  5. Series A$125K2023-06-15
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 106.9× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  6. Series A$6.0M2024-10-18
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 48.0× larger than the prior — scaling up.
    • 7 investors on this round.
  7. Series B$23.7M2025-08-01
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~12mo cadence
$71.0M
Modeled next size est.range $46.2M$113.7M
3.9×
Last step-up
$7.6M/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
Barbara N. Levy2025-08
Carla N. Eckhardt Taracena2025-08
Chevon N. Rariy2025-08
Joseph M. Connolly2019-07
Margaret M. Malone2023-05
Michael N. Tudeen2024-10
Olivia M. Capra2023-05
Scib N. Ebel2025-08
Shelly M. Lanning2022-02
Spence N. McClelland2025-08
Registry & provenance

Visana Health, 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
1783845
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
XII Medical, Inc.HealthtechSeries B$45.1M$146.1Msame sector · same stage
Tryton Medical IncHealthtechSeries B$46.2M$99.1Msame sector · same stage
Bradford Health Partners, LLCHealthtechSeries B$44.8M$111.5Msame sector · same stage
OtoNexus Medical Technologies, Inc.HealthtechSeries B$44.5M$151.7Msame sector · same stage
Materna Medical IncHealthtechSeries B$46.9M$77.1Msame sector · same stage
Upperline Health Holdings, Inc.HealthtechSeries B$47.5M$67.8Msame sector · same stage
Surely Health, Inc.HealthtechSeries B$42.9M$59.0Msame sector · same stage
Nest Healthcare, Inc.HealthtechSeries B$42.1M$109.4Msame 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
Palmera Medical, Inc.HealthtechSeries A$95.9M88%
Vanna Health, Inc.HealthtechSeries B$25.4M88%
Tava Health, Inc.HealthtechSeries B$129.6M86%
MyA Health, Inc.HealthtechSeed$20.9M85%
Lucem Health, Inc.HealthtechSeries A$21.8M85%
Stroma Medical CorpHealthtechSeries B$767.6M85%
Charta Health, Inc.HealthtechSeries B$148.8M85%
Pattern Health Technologies, Inc.HealthtechSeed$38.4M85%
Frequently asked
How much funding has Visana Health, Inc. raised?
Visana Health, Inc. has raised approximately $45.6M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Visana Health, Inc.'s estimated valuation?
Provath's modeled valuation for Visana Health, Inc. is approximately $113.2M (modeled range $55.6M–$164.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Visana Health, Inc. at?
Visana Health, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Aug 01.
What does Visana Health, Inc. do and where is it based?
Visana Health, Inc. operates in the Healthtech sector, based in MINNEAPOLIS.
Explore related

See where Visana Health, 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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