Diligence memo · auto-generated · as of July 2, 2026
Barsa Surgical Inc.
Barsa Surgical Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Barsa Surgical Inc. operates in Medical Devices, based in RALEIGH.
Sub-sector tags: medical-devices.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Barsa Surgical Inc. has raised $10M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2023-12-27.
Most recent recorded round closed around 2023-12-27.
Valuation (modeled)modeled
Provath models Barsa Surgical Inc. at approximately $61M (range $12M–$148M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.05× the median modeled value of Series A Medical Devices companies in 2022–2024 (13 peers) — value vs value, same stage and era. Within the normal band (105% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2.5 yr ago; this sector typically re-raises about every 16 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 77% of Medical Devices peers (233 compared).
Modeled value ranks above 80% of those peers.
Closest niche peers: MBio Diagnostics, Inc., Vida Diagnostics Inc, New View Surgical, Inc., Thunder Road Surgical, Llc, Caire Health Holdings, Inc..
Peoplefiled
3 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.