Companies · Biotechnology

Checkpoint Surgical, LLC

CLEVELAND · Biotechnology

Diligence memoA one-page analyst read on Checkpoint Surgical, LLC — recommendation, valuation, rhythm, risks.
$9.2M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 47%
Sector rank · raised
Series A
Latest stage · inferred · Sun May 01 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Checkpoint Surgical, LLC looks fair 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. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.35× the median modeled value of Series A Biotechnology companies in 2010–2012 (92 peers) — value vs value, same stage and era.
  • Within the normal band (135% of peer median) for its niche.
Dormant
  • Last raise 15.2 yr ago; this sector typically re-raises about every 14 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

Checkpoint Surgical, 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
16.8 yr record
Peak capital year was 2011 with $8.6M across 3 filings.
Market position
ahead of 54% of Biotechnology peers
Capital scale is ahead of 54% of Biotechnology peers; modeled value is above 75% 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
Normal 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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2011: $8.6M across 3 filings.
  • Largest single filing was $7.5M on 2011-05-01.
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 Biotechnology

Checkpoint Surgical, LLC is one of 4293 Biotechnology companies tracked from CLEVELAND. By capital raised it ranks mid-pack (ahead of 54% 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$125M$250M$375M$500MPre-Seed · 2009-09-17 Raised $538K (real) Modeled valuation $30M (est)$538K$30MPre-Seed2009Series A · 2011-05-01 Raised $7.5M (real) Modeled valuation $270M (est)$7.5M$270MSeries A2011Seed · 2011-05-01 Raised $1.0M (real) Modeled valuation $44M (est)$1.0M$44MSeed2011Pre-Seed · 2011-05-01 Raised $150K (real) Modeled valuation $8.3M (est)$150K$8.3MPre-Seed2011+$7.5M+$1.0M+$150KCumulative $9.2M

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
Pre-Seed$538K · 2009
Series A$7.5M · 2011no Seed on file
Bridge · Series A-stage$1.0M · 2011smaller follow-on
Bridge · Series A-stage$150K · 2011smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$269.9M
Base estimate est.
$8.1M
Conservative case
$1.5B
Upside case
$33.9M
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 biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $29.7M · 2009-09-172009Series A · modeled $269.9M · 2011-05-01Seed · modeled $44.4M · 2011-05-01Pre-Seed · modeled $8.3M · 2011-05-012011
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
6.0 yr
Elapsed time used
15.2 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$5.7M/yr
Capital velocity
16.8 yr
On record since
2009
First round
4
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. 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) 1.3× above median
This company$9.2M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$150K
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$269.9M
Sector median$64.2M

Raised more than 54% of sector peers (real $). Modeled value above 75% 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 #35 of 92.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Tobira Therapeutics, Inc. · Series A Raised $23.2M · modeled $513.3M (est)Neoprobe Corp · Series A Raised $14.0M · modeled $506.1M (est)Akebia Therapeutics, Inc. · Series A Raised $25.9M · modeled $504.1M (est)Adimab, LLC · Series A Raised $13.8M · modeled $499.5M (est)Elevation Pharmaceuticals Inc · Series A Raised $27.4M · modeled $448.3M (est)Mnemosyne Pharmaceuticals Inc · Series A Raised $24.0M · modeled $445.8M (est)Macrogenics Inc · Series A Raised $12.0M · modeled $434.4M (est)Neurologica Corp · Series A Raised $17.0M · modeled $433.8M (est)Bodymedia Inc · Series A Raised $20.1M · modeled $429.9M (est)Peloton Therapeutics, Inc. · Series A Raised $13.7M · modeled $423.0M (est)Seahorse Bioscience Inc · Series A Raised $20.7M · modeled $410.2M (est)Stemgent, Inc. · Series A Raised $37.9M · modeled $408.5M (est)Checkpoint Surgical, LLC (this company) Raised $9.2M · modeled $269.9M (est)Checkpoint Surgical, LLC
CompanyStageRaised · realValue · estvs peer med.
Tobira Therapeutics, Inc.Series A$23.2M$513.3M2.56×
Neoprobe CorpSeries A$14.0M$506.1M2.53×
Akebia Therapeutics, Inc.Series A$25.9M$504.1M2.52×
Adimab, LLCSeries A$13.8M$499.5M2.50×
Elevation Pharmaceuticals IncSeries A$27.4M$448.3M2.24×
Mnemosyne Pharmaceuticals IncSeries A$24.0M$445.8M2.23×
Macrogenics IncSeries A$12.0M$434.4M2.17×
Neurologica CorpSeries A$17.0M$433.8M2.17×
Bodymedia IncSeries A$20.1M$429.9M2.15×
Peloton Therapeutics, Inc.Series A$13.7M$423.0M2.11×
Seahorse Bioscience IncSeries A$20.7M$410.2M2.05×
Stemgent, Inc.Series A$37.9M$408.5M2.04×
Checkpoint Surgical, LLC this companySeries A$9.2M$269.9M1.35×
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.
Pre-Seed$538K2009-09-17$3.0M$29.7M90%
Series A$7.5M2011-05-01$33.9M$269.9M90%
Seed$1.0M2011-05-01$5.0M$44.4M90%
Pre-Seed$150K2011-05-01$833K$8.3M90%
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. Pre-Seed$538K2009-09-17
    • First recorded raise — entered as Pre-Seed.
  2. Series A$7.5M2011-05-01
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 13.9× larger than the prior — scaling up.
  3. Seed$1.0M2011-05-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.5× smaller than the prior — bridge or down round.
  4. Pre-Seed$150K2011-05-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.7× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q4
Modeled next raise · ~6mo cadence
$150K
Modeled next size est.range $150K$240K
0.1×
Last step-up
$5.7M/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
Leonard M. Cosentino4 other2009-09
Geoffrey Thrope3 other2009-09
Scott Zeilinger3 other2011-05
Stephen Jacobs1 other2011-05
Donald Hubbard2011-05
Leonard Cosentino2011-05
Marilyn Eisele2011-05
Mark Stultz2011-05
Michael M. Hausman2009-09
Scott M. Zeilinger2009-09
Registry & provenance

Checkpoint Surgical, 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
1473347
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
NDI Medical, LLCBiotechnologySeed$2.1M$93.6Mnetwork2 shared operators · same sector
MetaBiotech CorpBiotechnologySeries A$9.2M$331.8Msame sector · same stage
PEEL Therapeutics, IncBiotechnologySeries A$9.3M$334.5Msame sector · same stage
PACEpartners Inc.BiotechnologySeries A$9.0M$326.7Msame sector · same stage
Redpin Therapeutics, Inc.BiotechnologySeries A$9.3M$281.5Msame sector · same stage
Basecamp Bio Inc.BiotechnologySeries A$9.0M$229.7Msame sector · same stage
Coridea NC1, Inc.BiotechnologySeries A$9.0M$180.8Msame sector · same stage
CryoConcepts, LPBiotechnologySeries A$9.0M$325.4Msame sector · same stage
Frequently asked
How much funding has Checkpoint Surgical, LLC raised?
Checkpoint Surgical, LLC has raised approximately $9.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Checkpoint Surgical, LLC's estimated valuation?
Provath's modeled valuation for Checkpoint Surgical, LLC is approximately $269.9M (modeled range $8.1M–$1.5B). 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, LLC at?
Checkpoint Surgical, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Sun May 01.
What does Checkpoint Surgical, LLC do and where is it based?
Checkpoint Surgical, LLC operates in the Biotechnology sector, based in CLEVELAND.
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