Companies · Medical Devices

Checkpoint Surgical, Inc.

INDEPENDENCE · Medical Devices · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Checkpoint Surgical, Inc. — recommendation, valuation, rhythm, risks.
$35.2M
Total raised · real
5
Rounds
0.3×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Mon May 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Checkpoint 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 medical devices 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 0.36× the median modeled value of Series A Medical Devices companies in 2022–2024 (13 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.1 yr ago; this sector typically re-raises about every 16 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 Medical Devices

Checkpoint Surgical, Inc. is one of 233 Medical Devices companies tracked from INDEPENDENCE. By capital raised it ranks among the largest (ahead of 92% of sector peers), and mid-pack 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
42
Investors (latest)
2024-05-20
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$125M$250M$375M$500MSeries A · 2015-11-19 Raised $7.5M (real) Modeled valuation $181M (est)Series A2015Pre-Seed · 2016-11-23 Raised $525K (real) Modeled valuation $19M (est)Pre-Seed2016Seed · 2016-11-23 Raised $3.7M (real) Modeled valuation $110M (est)Seed2016Seed · 2016-11-23 Raised $1.2M (real) Modeled valuation $35M (est)Seed2016Series A · 2016-11-23 Raised $8.8M (real) Modeled valuation $212M (est)Series A2016Series A · 2020-05-11 Raised $1.9M (real) Modeled valuation $46M (est)Series A2020Series A · 2021-05-27 Raised $13M (real) Modeled valuation $220M (est)Series A2021Series A · 2024-05-20 Raised $4.0M (real) Modeled valuation $21M (est)Series A2024+$525K+$3.7M+$1.2M+$8.8M+$1.9M+$13M+$4.0MCumulative $41M

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 A$7.5M · 2015
Bridge · Series A-stage$525K · 2016smaller follow-on
Bridge · Series A-stage$3.7M · 2016smaller follow-on
Bridge · Series A-stage$1.2M · 2016smaller follow-on
Series A extension$8.8M · 2016
Series A extension$1.9M · 2020
Series A extension$13.0M · 2021
Series A extension$4.0M · 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
$20.8M
Base estimate est.
$4.9M
Conservative case
$46.2M
Upside case
$18.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the medical devices sector profile. Directional, not a quoted figure.

Series A · modeled $180.5M · 2015-11-192015Pre-Seed · modeled $19.3M · 2016-11-23Seed · modeled $109.9M · 2016-11-23Seed · modeled $34.9M · 2016-11-23Series A · modeled $212.5M · 2016-11-23Series A · modeled $46.4M · 2020-05-11Series A · modeled $219.6M · 2021-05-27Series A · modeled $20.8M · 2024-05-202024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
50%
Survival probability
27% low · 68% high
1.49×/yr
Annual markup
1.87×/yr upside case
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$4.1M/yr
Capital velocity
10.6 yr
On record since
2015
First round
8
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. 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) 14× above median
This company$35.2M
Sector median$2.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$4.0M
Sector median$4.6M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$20.8M
Sector median$15.4M

Raised more than 92% of sector peers (real $). Modeled value above 61% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #12 of 13.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)MBio Diagnostics, Inc. · Series A Raised $45.3M · modeled $77.4M (est)Vida Diagnostics Inc · Series A Raised $32.0M · modeled $73.8M (est)New View Surgical, Inc. · Series A Raised $15.8M · modeled $70.8M (est)Thunder Road Surgical, Llc · Series A Raised $5.8M · modeled $62.8M (est)Barsa Surgical Inc. · Series A Raised $10.0M · modeled $60.8M (est)Caire Health Holdings, Inc. · Series A Raised $6.7M · modeled $57.9M (est)Moichor Inc · Series A Raised $11.3M · modeled $57.7M (est)Tally Surgical, Inc. · Series A Raised $11.6M · modeled $38.8M (est)Hyperion Surgical, Inc. · Series A Raised $6.0M · modeled $38.8M (est)Minute Molecular Diagnostics, Inc. · Series A Raised $11.3M · modeled $35.0M (est)Acuamark Diagnostics, Inc. · Series A Raised $20.3M · modeled $25.6M (est)Checkpoint Surgical, Inc. (this company) Raised $35.2M · modeled $20.8M (est)Checkpoint Surgical, Inc.
CompanyStageRaised · realValue · estvs peer med.
MBio Diagnostics, Inc.Series A$45.3M$77.4M1.34×
Vida Diagnostics IncSeries A$32.0M$73.8M1.28×
New View Surgical, Inc.Series A$15.8M$70.8M1.23×
Thunder Road Surgical, LlcSeries A$5.8M$62.8M1.09×
Barsa Surgical Inc.Series A$10.0M$60.8M1.05×
Caire Health Holdings, Inc.Series A$6.7M$57.9M1.00×
Moichor IncSeries A$11.3M$57.7M1.00×
Tally Surgical, Inc.Series A$11.6M$38.8M0.67×
Hyperion Surgical, Inc.Series A$6.0M$38.8M0.67×
Minute Molecular Diagnostics, Inc.Series A$11.3M$35.0M0.61×
Acuamark Diagnostics, Inc.Series A$20.3M$25.6M0.44×
Checkpoint Surgical, Inc. this companySeries A$35.2M$20.8M0.36×
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 A$7.5M2015-11-19$34.0M$180.5M85%
Pre-Seed$525K2016-11-23$2.9M$19.3M90%
Seed$3.7M2016-11-23$18.5M$109.9M90%
Seed$1.2M2016-11-23$5.9M$34.9M90%
Series A$8.8M2016-11-23$40.0M$212.5M90%
Series A$1.9M2020-05-11$8.7M$46.4M90%
Series A$13.0M2021-05-27$59.1M$219.6M90%
Series A$4.0M2024-05-20$18.2M$20.8M90%
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 A$7.5M2015-11-19
    • First recorded raise — entered as Series A.
    • 29 investors on this round.
  2. Pre-Seed$525K2016-11-23
    • Raised 12 mo later, in step with the ~16 mo sector norm.
    • Round 14.3× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Seed$3.7M2016-11-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.1× larger than the prior — scaling up.
    • 21 investors on this round.
  4. Seed$1.2M2016-11-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  5. Series A$8.8M2016-11-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.5× larger than the prior — scaling up.
    • 31 investors on this round.
  6. Series A$1.9M2020-05-11
    • Raised again after 42 mo — slower than the ~16 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  7. Series A$13.0M2021-05-27
    • Raised 13 mo later, in step with the ~16 mo sector norm.
    • Round 6.8× larger than the prior — scaling up.
    • 6 investors on this round.
  8. Series A$4.0M2024-05-20
    • Raised again after 36 mo — slower than the ~16 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 42 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~15mo cadence
$4.0M
Modeled next size est.range $4.0M$6.4M
0.3×
Last step-up
$4.1M/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
Carter McNabb9 other2024-05
Derek Lewis4 other2024-05
Leonard M. Cosentino4 other2015-11
Michael Chuisano4 other2024-05
Geoffrey Thrope3 other2024-05
Wayne Wallace3 other2024-05
Geoffrey B. Thrope2 other2015-11
Marilyn A. Eisele2 other2015-11
Raymond Rackley2 other2024-05
Tracy A. Marshbanks1 other2015-11
Tracy Marshbanks1 other2024-05
Carter M. McNabb2021-05
Derek M. Lewis2020-05
Donald B. Hubbard2015-11
Kevin M. Scanlan2015-11
Laura M. Keck2016-11
Michael M. Chuisano2020-05
Raymond M. Rackley2016-11
Richard M. DiBlasi2016-11
Tracy M. Marshbanks2016-11
Wayne M. Wallace2016-11
Registry & provenance

Checkpoint 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
1657913
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
SPR Therapeutics, Inc.PharmaSeries B$81.6M$211.8Mnetwork4 shared operators
Vida Diagnostics IncMedical DevicesSeries A$32.0M$73.8Mnetwork1 shared operator · same sector · same stage
Orthohelix Surgical Design IncOther Health CareSeries A$23.4M$283.2Mnetwork2 shared operators · same stage
Checkpoint Surgical, LLCBiotechnologySeries A$9.2M$269.9Mnetwork2 shared operators · same stage
MBio Diagnostics, Inc.Medical DevicesSeries A$45.3M$77.4Msame sector · same stage
Bolder Surgical Holdings, Inc.Medical DevicesSeries B$18.2M$5.1Mnetwork1 shared operator · same sector
Curadel Surgical Innovations, Inc.Medical DevicesSeries A$26.0M$44.1Msame sector · same stage
NexEos Diagnostics, Inc.Medical DevicesSeries A$25.7M$7.9Msame 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
OnPoint Surgical, Inc.Medical DevicesPre-Seed$7.4M84%
Alliance Surgical Center, LLCMedical DevicesPre-Seed$459K84%
Tally Surgical, Inc.Medical DevicesSeries A$38.8M83%
7D Surgical Inc.Medical DevicesPre-Seed$21.4M83%
Nascent Surgical, LLCMedical DevicesSeed$7.6M83%
SafeGuard Surgical, Inc.Medical DevicesSeed$5.9M82%
EDGe Surgical, Inc.Medical DevicesSeries A$3.6M82%
IC Surgical, Inc.Medical DevicesPre-Seed$5.5M82%
Frequently asked
How much funding has Checkpoint Surgical, Inc. raised?
Checkpoint Surgical, Inc. has raised approximately $35.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Checkpoint Surgical, Inc.'s estimated valuation?
Provath's modeled valuation for Checkpoint Surgical, Inc. is approximately $20.8M (modeled range $4.9M–$46.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Checkpoint Surgical, Inc. at?
Checkpoint Surgical, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon May 20.
What does Checkpoint Surgical, Inc. do and where is it based?
Checkpoint Surgical, Inc. operates in the Medical Devices sector, based in INDEPENDENCE.
Explore related

See where Checkpoint Surgical, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Checkpoint Surgical, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.