What is their valuation?
Assume, based on comparables, that Kaia Health sold a 20% equity stake in its company in return for this investment.
Then Kaia Health is valued at an estimated $10 million / 20% = $50 million post-money valuation.
Post-money valuation = investment / equity stake sold
Do you have a different estimate for the equity stake that Kaia Health sold?
Then please leave a comment about what you think it is, and why!