Startups & Tech

Sparrow Labs — Clinic Intake AI

Pre-revenue vertical AI. Two clinics in paid pilot letters.

Pre-revenueTier · Startup BlueprintAustin, TX

Pilot letters

2 signed

Pilot value

$1.8K/mo

Build state

Prototype

Compliance

Drafted

Ownership breakdown

Minority stake · Economic participation
15%
85%
Offered to buyer — 15%Founder retains — 85%
Minority33% block50% parity100% full

Implied valuation math

Asking price$68,000
÷ stake offered15%
= implied valuation$453,333

Paying $68,000 for 15% values the whole business at $453,333. That is roughly $4,533 per percentage point of ownership.

What this stake conveys

Under one third you participate economically and receive information rights, but the founder retains operating control. Governance terms are set in the option agreement.

Verified before listing

The founder attested to owning at least 15% and uploaded ownership evidence (cap table, operating agreement, or equivalent). Timber reviews entity standing and authority to sell before a listing goes live. Small strategic stake alongside the founding team.

Retained-ownership impact

Founder retains 85% after this deal — founder keeps control

51–99% retainedFounder keeps control This deal

Voting

Founder controls ordinary votes and board composition; buyer votes as a minority holder.

Information

Buyer receives quarterly financials, cap table updates, and annual tax documents.

Consent

Buyer consent typically limited to protective items: new share classes, dilution below a floor, sale of the company.

50% retainedDeadlock structure

Voting

Even split — no side carries a vote alone. A tiebreak seat, casting vote, or mediator is written into the operating agreement.

Information

Full mutual access to books, records, and management reporting.

Consent

Effectively every material decision is a joint consent item, including budget, hiring of officers, and debt.

34–49% retainedFounder holds a blocking minority

Voting

Buyer controls ordinary votes; founder can block supermajority actions.

Information

Founder keeps statutory inspection rights and ongoing reporting.

Consent

Founder consent required for charter amendments, recapitalization, and sale of the company.

11–33% retainedFounder is an economic minority

Voting

Buyer controls the board and ordinary decisions; founder votes but cannot block.

Information

Annual financials plus notice of material events; inspection rights on request.

Consent

Consent narrowed to anti-dilution, transfer restrictions, and tag-along on a future sale.

1–10% retainedFounder holds a legacy stake

Voting

Nominal voting weight; typically paired with a continued-involvement or advisory agreement.

Information

Annual reporting and K-1 or distribution statements only.

Consent

Drag-along applies — founder is carried along on a buyer-led sale.

0% retainedClean full acquisition

Voting

Buyer holds 100% of votes. No minority holders to notify or convene.

Information

No ongoing reporting obligations to the seller after closing.

Consent

No consent rights survive closing beyond the purchase agreement's reps, warranties, and indemnity period.

Tiers describe standard market expectations. Exact voting, information, and consent rights are negotiated inside the option window and fixed in the definitive purchase agreement.

Marketplace comparables

Startups & Tech · 7 reference points

This listing implies $453,333 for the whole business — about 21% above the category median of $374,286.

Low $34,000Median $374,286High $560,606

Recent settled deals

DealStakePriceImplied valueClosed

Fieldnote (scheduling SaaS)

$9K MRR at close

100%$385,000$385,000Apr 2026

Parseline API

Blocking minority, founder-led

33%$148,000$448,485Feb 2026

Latch Analytics

Packaged with a technical GM

70%$262,000$374,286Dec 2025

Comparables normalize every deal to a 100% basis (price ÷ stake) so partial stakes and full sales can be read on the same scale. Benchmarks are directional — diligence during the option window sets the real number.

Staged disclosure · your current access

Preview any stage by clicking. Reach a stage by actually signing / paying / packaging.

The dossier

Everything attached to this deal.

Attachments travel with the listing, not the person. If a buyer walks, the deal stays exactly as strong as it was.

Executive summary

Public browse — full plan behind NDA

An AI intake assistant for small independent clinics. Working prototype, two signed paid-pilot letters, HIPAA posture drafted but not certified.

Operating summary

NDA required

Business model, financial overview, and market analysis unlock after NDA.

Talent & people

  • Founder available part-time for handoff

Capital & investor interest

Nothing attached yet — this is where a packager adds real value.

Financial verification

  • Development cost ledger

Market & customer proof

  • Two paid-pilot letters, named practice managers

Operational assets

Unlocks after first packaging milestone

1 attachments

Legal & IP

  • HIPAA posture memo, BAA template drafted

Brand & presence

  • Mark and domain included

Deal Log · permanent record

Every action, timestamped and travels with the deal.

Provenance certificate

0x6ea12172bd71e

6/11/2026

  1. NDA signed

    Jun 25, 2026, 9:00 AM

    Four parties opened the plan.

    actor · Timber  ·  provenance 0x3a37e12fbd71e

  2. Listing created

    Jun 11, 2026, 5:20 PM

    Provenance certificate issued.

    actor · Ravi Shah  ·  provenance 0x-5fdcf4cdbd71e