Diligence memo · auto-generated · as of July 2, 2026
ASC Partnership, L.L.C.
ASC Partnership, L.L.C. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
ASC Partnership, L.L.C. operates in Hospitals and Physicians, based in Traverse City.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ASC Partnership, L.L.C. has raised $2.8M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.0M on 2020-12-22.
Most recent recorded round closed around 2025-04-09.
Valuation (modeled)modeled
Provath models ASC Partnership, L.L.C. at approximately $570K (range $155K–$1.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.14× the median modeled value of Seed Hospitals and Physicians companies in 2025–2027 (11 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 41 months.
Last raise 15 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 59% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 2% of those peers.
Closest niche peers: Mountain View Hospital, LLC, HealthyU Family Medicine Holdings, LLC, Waybridge Health, Inc., PERMA Mental Health PLLC, Pasadena Fair Oaks Exer Management Services, LLC.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.