Companies · Other

ATI Physical Therapy Holdings, LLC

DENVER · Other

Diligence memoA one-page analyst read on ATI Physical Therapy Holdings, LLC — recommendation, valuation, rhythm, risks.
$392.4M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Aug 05 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

ATI Physical Therapy Holdings, LLC looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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 0.03× the median modeled value of Series D+ Other companies in 2013–2015 (90 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.9 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

ATI Physical Therapy Holdings, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
13.5 yr record
Peak capital year was 2012 with $386.8M across 1 filings.
Market position
ahead of 99% of Other peers
Capital scale is ahead of 99% of Other peers; modeled value is above 82% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2012: $386.8M across 1 filings.
  • Largest single filing was $386.8M on 2012-12-21.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Other

ATI Physical Therapy Holdings, LLC is one of 25015 Other companies tracked from DENVER. By capital raised it ranks among the largest (ahead of 99% of sector peers), and in the upper tier by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
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$2.5B$5.0B$7.5B$10.0BSeries D+ · 2012-12-21 Raised $387M (real) Modeled valuation $6.7B (est)$387M$6.7BSeries D+2012Series D+ · 2013-08-05 Raised $5.6M (real) Modeled valuation $96M (est)$5.6M$96MSeries D+2013+$5.6MCumulative $392M

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
Series D+$386.8M · 2012
Series D+ extension$5.6M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$96.1M
Base estimate est.
$31.6M
Conservative case
$210.6M
Upside case
$46.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series D+ · modeled $6.7B · 2012-12-212012Series D+ · modeled $96.1M · 2013-08-052013
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
12.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$631.4M/yr
Capital velocity
13.5 yr
On record since
2012
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 192× above median
This company$392.4M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.0× of median
This company$5.6M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 5.4× above median
This company$96.1M
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #82 of 90.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Campaign Monitor Holdings (UK) Ltd · Series D+ Raised $800.9M · modeled $6.9B (est)Tomahawk Holdings, Inc. · Series D+ Raised $390.0M · modeled $6.7B (est)Cornell Capital Special Situations Partners II LP · Series D+ Raised $362.0M · modeled $6.2B (est)Liberty Resources II, LLC · Series D+ Raised $354.8M · modeled $6.1B (est)Resolute Investment Holdings, LLC · Series D+ Raised $342.2M · modeled $5.9B (est)THL Portfolio Holdings Corp. · Series D+ Raised $320.7M · modeled $5.5B (est)Stratasys Ltd. · Series D+ Raised $317.2M · modeled $5.5B (est)Forward Ventures, LLC · Series D+ Raised $540.9M · modeled $5.2B (est)Ch2M Hill Companies Ltd · Series D+ Raised $300.0M · modeled $5.2B (est)Vertice Pharma UK Parent Ltd · Series D+ Raised $300.0M · modeled $5.2B (est)Ajax Resources Holdings LLC · Series D+ Raised $298.0M · modeled $5.1B (est)Sea Island Clothiers Holdings, LLC · Series D+ Raised $293.5M · modeled $5.1B (est)ATI Physical Therapy Holdings, LLC (this company) Raised $392.4M · modeled $96.1M (est)ATI Physical Therapy Holdings, LLC
CompanyStageRaised · realValue · estvs peer med.
Campaign Monitor Holdings (UK) LtdSeries D+$800.9M$6.9B2.50×
Tomahawk Holdings, Inc.Series D+$390.0M$6.7B2.45×
Cornell Capital Special Situations Partners II LPSeries D+$362.0M$6.2B2.27×
Liberty Resources II, LLCSeries D+$354.8M$6.1B2.23×
Resolute Investment Holdings, LLCSeries D+$342.2M$5.9B2.15×
THL Portfolio Holdings Corp.Series D+$320.7M$5.5B2.01×
Stratasys Ltd.Series D+$317.2M$5.5B1.99×
Forward Ventures, LLCSeries D+$540.9M$5.2B1.88×
Ch2M Hill Companies LtdSeries D+$300.0M$5.2B1.88×
Vertice Pharma UK Parent LtdSeries D+$300.0M$5.2B1.88×
Ajax Resources Holdings LLCSeries D+$298.0M$5.1B1.87×
Sea Island Clothiers Holdings, LLCSeries D+$293.5M$5.1B1.84×
ATI Physical Therapy Holdings, LLC this companySeries D+$392.4M$96.1M0.03×
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.
Series D+$386.8M2012-12-21$3.2B$6.7B90%
Series D+$5.6M2013-08-05$46.4M$96.1M90%
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. Series D+$386.8M2012-12-21
    • First recorded raise — entered as Series D+.
  2. Series D+$5.6M2013-08-05
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 69.5× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q1
Modeled next raise · ~7mo cadence
$5.6M
Modeled next size est.range $5.6M$8.9M
0.0×
Last step-up
$631.4M/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
Mark M King4 other2012-12
Christopher S.L. Pusey1 other2012-12
Steven D Neumann1 other2012-12
Blair J Tikker2012-12
Dylan M Bates2012-12
Dylan S.L. Bates2013-08
Gregory F Steil2012-12
John M Egofske2012-12
John S.L. Egofske2013-08
Registry & provenance

ATI Physical Therapy Holdings, LLC 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
1564640
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
Liberty Dialysis Holdings, Inc.Other Health CareSeries D+$688.3M$8.0Bnetwork2 shared operators · same stage
Accelecare Holdings, Inc.OtherSeries D+$104.8M$1.8Bnetwork1 shared operator · same sector · same stage
Fluent, Inc.OtherSeries D+$264.9M$97.2Msame sector · same stage
Vention Medical Holdings, Inc.OtherSeries C$132.8M$42.9Mnetwork1 shared operator · same sector
Ca Holding IncOtherSeries C$50.0M$857.3Mnetwork1 shared operator · same sector
RCP CS Holdings, LLCOtherSeries B$36.3M$24.9Mnetwork1 shared operator · same sector
BlueVoyant Investor LLCOtherSeries C$117.1M$95.7Msame sector
Chromascape Holdings, LlcOtherSeries C$113.7M$92.6Msame sector
Frequently asked
How much funding has ATI Physical Therapy Holdings, LLC raised?
ATI Physical Therapy Holdings, LLC has raised approximately $392.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is ATI Physical Therapy Holdings, LLC's estimated valuation?
Provath's modeled valuation for ATI Physical Therapy Holdings, LLC is approximately $96.1M (modeled range $31.6M–$210.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ATI Physical Therapy Holdings, LLC at?
ATI Physical Therapy Holdings, LLC's latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Aug 05.
What does ATI Physical Therapy Holdings, LLC do and where is it based?
ATI Physical Therapy Holdings, LLC operates in the Other sector, based in DENVER.
Explore related

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