Diligence memo · auto-generated · as of July 2, 2026

Wellist, Inc.

Wellist, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Wellist, Inc. operates in Other Health Care, based in PITTSBURGH.

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

Capital & rounds (filed)filed

Wellist, Inc. has raised $13M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.7M on 2018-04-12.

Most recent recorded round closed around 2023-01-13.

Valuation (modeled)modeled

Provath models Wellist, Inc. at approximately $1.3M (range $212K–$4.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.04× the median modeled value of Series A Other Health Care companies in 2022–2024 (196 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 15 months.

Last raise 3.5 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.

The last round was 21.2× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 79% of Other Health Care peers (5377 compared).

Modeled value ranks above 7% of those peers.

Closest niche peers: CareHarmony, Inc., Dragonfly Endoscopy Inc., NuvoAir Holdings, Inc., Post Acute Recovery, Inc., Micro Interventional Devices, Inc..

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.