Companies · Biotechnology

Amend Surgical, Inc.

Gainesville · Biotechnology

Diligence memoA one-page analyst read on Amend Surgical, Inc. — recommendation, valuation, rhythm, risks.
$2.3M
Total raised · real
4
Rounds
2.8×
Latest step-up
Top 71%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 11 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Amend Surgical, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.37× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.1 yr ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.
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 Biotechnology

Amend Surgical, Inc. is one of 4293 Biotechnology companies tracked from Gainesville. By capital raised it ranks in the long tail (ahead of 30% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2024-06-11
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$13M$25M$38M$50MPre-Seed · 2015-09-30 Raised $650K (real) Modeled valuation $36M (est)$650K$36MPre-Seed2015Pre-Seed · 2017-02-01 Raised $200K (real) Modeled valuation $11M (est)$200K$11MPre-Seed2017Pre-Seed · 2022-04-22 Raised $371K (real) Modeled valuation $6.7M (est)$371K$6.7MPre-Seed2022Seed · 2024-06-11 Raised $1.0M (real) Modeled valuation $5.2M (est)$1.0M$5.2MSeed2024+$200K+$371K+$1.0MCumulative $2.3M

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$650K · 2015
Pre-Seed extension$200K · 2017
Pre-Seed extension$371K · 2022
Seed$1.0M · 2024

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

Modeled valuation trajectory
$5.2M
Base estimate est.
$756K
Conservative case
$14.2M
Upside case
$5.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $35.9M · 2015-09-302015Pre-Seed · modeled $11.0M · 2017-02-01Pre-Seed · modeled $6.7M · 2022-04-22Seed · modeled $5.2M · 2024-06-112024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
35 mo
Avg between rounds
$261K/yr
Capital velocity
10.8 yr
On record since
2015
First round
4
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. 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) 0.3× of median
This company$2.3M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$5.2M
Sector median$64.2M

Raised more than 30% of sector peers (real $). Modeled value above 10% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #168 of 207.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Mesentech Inc. · Seed Raised $3.9M · modeled $65.7M (est)Marlinspike Therapeutics, Inc. · Seed Raised $3.5M · modeled $64.4M (est)Microbial Machines, Inc. · Seed Raised $3.9M · modeled $63.7M (est)Pearl Diagnostics, Inc. · Seed Raised $3.5M · modeled $62.9M (est)Crossfire Medical Inc · Seed Raised $3.0M · modeled $57.5M (est)Design Pharmaceuticals, Inc. · Seed Raised $3.0M · modeled $57.0M (est)Tekv Holdings LLC · Seed Raised $4.0M · modeled $55.5M (est)Mi-Helper, Inc. · Seed Raised $4.0M · modeled $50.9M (est)Thelium Therapeutics Inc. · Seed Raised $3.1M · modeled $50.7M (est)Turtle Health, Inc. · Seed Raised $2.7M · modeled $49.1M (est)Accufix Holdings, Inc. · Seed Raised $4.2M · modeled $46.7M (est)Kyttaro Ltd · Seed Raised $5.2M · modeled $45.5M (est)Amend Surgical, Inc. (this company) Raised $2.3M · modeled $5.2M (est)Amend Surgical, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mesentech Inc.Seed$3.9M$65.7M4.61×
Marlinspike Therapeutics, Inc.Seed$3.5M$64.4M4.52×
Microbial Machines, Inc.Seed$3.9M$63.7M4.47×
Pearl Diagnostics, Inc.Seed$3.5M$62.9M4.41×
Crossfire Medical IncSeed$3.0M$57.5M4.04×
Design Pharmaceuticals, Inc.Seed$3.0M$57.0M4.00×
Tekv Holdings LLCSeed$4.0M$55.5M3.89×
Mi-Helper, Inc.Seed$4.0M$50.9M3.58×
Thelium Therapeutics Inc.Seed$3.1M$50.7M3.56×
Turtle Health, Inc.Seed$2.7M$49.1M3.45×
Accufix Holdings, Inc.Seed$4.2M$46.7M3.28×
Kyttaro LtdSeed$5.2M$45.5M3.20×
Amend Surgical, Inc. this companySeed$2.3M$5.2M0.37×
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$650K2015-09-30$3.6M$35.9M85%
Pre-Seed$200K2017-02-01$1.1M$11.0M90%
Pre-Seed$371K2022-04-22$2.1M$6.7M90%
Seed$1.0M2024-06-11$5.2M$5.2M90%
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$650K2015-09-30
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$200K2017-02-01
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Pre-Seed$371K2022-04-22
    • Raised again after 63 mo — slower than the ~14 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 9 investors on this round.
  4. Seed$1.0M2024-06-11
    • Raised again after 26 mo — slower than the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~35mo cadence
$3.0M
Modeled next size est.range $1.9M$4.7M
2.8×
Last step-up
$261K/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
Robert Lane1 other2015-09
Gary R. Ascani2015-09
James F. Kirk2024-06
Leslie Molony2017-02
Leslie R. Molony2015-09
Michael Orrico2022-04
Michael R. Orrico2024-06
Ronald R. Cobb2015-09
Wade F. Pilling2024-06
Registry & provenance

Amend Surgical, 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
1656957
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
Vyripharm Enterprises, L.L.C.BiotechnologySeed$2.3M$3.6Msame sector · same stage
Peptinovo Biopharma Inc.BiotechnologySeed$2.3M$5.6Msame sector · same stage
X-Tension IncBiotechnologySeed$2.3M$7.0Msame sector · same stage
Prospective Research, Inc.BiotechnologySeed$2.2M$2.8Msame sector · same stage
Elastro, Inc.BiotechnologySeed$2.3M$6.8Msame sector · same stage
Recibio, Inc.BiotechnologySeed$2.2M$6.5Msame sector · same stage
Keraplast Technologies Management, LLCBiotechnologySeed$2.4M$3.8Msame sector · same stage
B4CC, Inc.BiotechnologySeed$2.4M$6.7Msame 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
AMB Surgical II, LLCBiotechnologyPre-Seed$23.1M85%
Assurtek Surgical, Inc.BiotechnologyPre-Seed$1.4M85%
JustRight Surgical, LLCBiotechnologySeries A$198.8M84%
Innovative Surgical Designs, Inc.ManufacturingSeries A$5.0M83%
Petal Surgical, Inc.BiotechnologySeries B$78.0M83%
Virtuoso Surgical, Inc.BiotechnologySeries A$49.7M82%
Surgical Training Simulators, Inc.BiotechnologyPre-Seed$657K82%
Novuson Surgical, Inc.BiotechnologySeed$105.8M81%
Frequently asked
How much funding has Amend Surgical, Inc. raised?
Amend Surgical, Inc. has raised approximately $2.3M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Amend Surgical, Inc.'s estimated valuation?
Provath's modeled valuation for Amend Surgical, Inc. is approximately $5.2M (modeled range $756K–$14.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Amend Surgical, Inc. at?
Amend Surgical, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 11.
What does Amend Surgical, Inc. do and where is it based?
Amend Surgical, Inc. operates in the Biotechnology sector, based in Gainesville.
Explore related

See where Amend Surgical, 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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