Diligence memo · auto-generated · as of July 3, 2026
Bay State Surgical Services, LLC
Bay State Surgical Services, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Bay State Surgical Services, LLC operates in Medical Devices, based in TUCSON.
Sub-sector tags: medical-devices.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bay State Surgical Services, LLC has raised $602K in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $297K on 2017-07-01.
Most recent recorded round closed around 2017-07-01.
Valuation (modeled)modeled
Provath models Bay State Surgical Services, LLC at approximately $11M (range $178K–$124M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.78× the median modeled value of Pre-Seed Medical Devices companies in 2016–2018 (12 peers) — value vs value, same stage and era. Within the normal band (78% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 48 months.
Last raise 9.0 yr ago; this sector typically re-raises about every 16 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 33% of Medical Devices peers (233 compared).
Modeled value ranks above 52% of those peers.
Closest niche peers: Magnolia Diagnostics, LLC, Spinal Surgical Strategies, Inc., ADM Diagnostics, Inc., 7D Surgical Inc., Alert Mobile Diagnostics, LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.