Companies · Hospitals and Physicians

ConvenientMD LLC

PORTSMOUTH · Hospitals and Physicians

Diligence memoA one-page analyst read on ConvenientMD LLC — recommendation, valuation, rhythm, risks.
$11.8M
Total raised · real
3
Rounds
1.6×
Latest step-up
Top 19%
Sector rank · raised
Series A
Latest stage · inferred · Wed Apr 30 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

ConvenientMD 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 health services 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 1.39× the median modeled value of Series A Hospitals and Physicians companies in 2013–2015 (7 peers) — value vs value, same stage and era.
  • Within the normal band (139% of peer median) for its niche.
Dormant
  • Last raise 12.2 yr ago; this sector typically re-raises about every 12 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

ConvenientMD 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
14.4 yr record
Peak capital year was 2014 with $6.8M across 2 filings.
Market position
ahead of 82% of Hospitals and Physicians peers
Capital scale is ahead of 82% of Hospitals and Physicians peers; modeled value is above 81% 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 2014: $6.8M across 2 filings.
  • Largest single filing was $5.0M on 2012-02-15.
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 Hospitals and Physicians

ConvenientMD LLC is one of 599 Hospitals and Physicians companies tracked from PORTSMOUTH. By capital raised it ranks in the upper tier (ahead of 82% 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$25M$50M$75M$100MSeries A · 2012-02-15 Raised $5.0M (real) Modeled valuation $94M (est)$5.0M$94MSeries A2012Series A · 2014-04-30 Raised $2.7M (real) Modeled valuation $50M (est)$2.7M$50MSeries A2014Series A · 2014-04-30 Raised $4.2M (real) Modeled valuation $78M (est)$4.2M$78MSeries A2014+$2.7M+$4.2MCumulative $12M

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$5.0M · 2012
Series A extension$2.7M · 2014
Series A extension$4.2M · 2014

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$78.2M
Base estimate est.
$5.6M
Conservative case
$425.2M
Upside case
$18.9M
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 health services sector profile. Directional, not a quoted figure.

Series A · modeled $94.0M · 2012-02-152012Series A · modeled $50.0M · 2014-04-30Series A · modeled $78.2M · 2014-04-302014
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.40×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
12.2 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$5.4M/yr
Capital velocity
14.4 yr
On record since
2012
First round
3
Rounds on file
How it compares to the market

Benchmarked against 599 companies in Hospitals and Physicians. 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) 6.5× above median
This company$11.8M
Sector median$1.8M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.8× of median
This company$4.2M
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 3.4× above median
This company$78.2M
Sector median$22.9M

Raised more than 82% of sector peers (real $). Modeled value above 81% 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 #3 of 7.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Bay Area Hospital Real Estate, LLC · Series A Raised $7.0M · modeled $131.5M (est)HPI Broadway, LLC · Series A Raised $4.8M · modeled $90.1M (est)Progressive Acute Care, LLC · Series A Raised $7.8M · modeled $56.3M (est)University General Health System, Inc. · Series A Raised $37.6M · modeled $41.3M (est)Lifepoint Hospitals, Inc. · Series A Raised $12.0M · modeled $37.5M (est)Houston Northwest Operating Company, L.L.C. · Series A Raised $11.3M · modeled $8.5M (est)ConvenientMD LLC (this company) Raised $11.8M · modeled $78.2M (est)ConvenientMD LLC
CompanyStageRaised · realValue · estvs peer med.
Bay Area Hospital Real Estate, LLCSeries A$7.0M$131.5M2.34×
HPI Broadway, LLCSeries A$4.8M$90.1M1.60×
ConvenientMD LLC this companySeries A$11.8M$78.2M1.39×
Progressive Acute Care, LLCSeries A$7.8M$56.3M1.00×
University General Health System, Inc.Series A$37.6M$41.3M0.73×
Lifepoint Hospitals, Inc.Series A$12.0M$37.5M0.67×
Houston Northwest Operating Company, L.L.C.Series A$11.3M$8.5M0.15×
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$5.0M2012-02-15$22.8M$94.0M90%
Series A$2.7M2014-04-30$12.1M$50.0M90%
Series A$4.2M2014-04-30$18.9M$78.2M90%
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$5.0M2012-02-15
    • First recorded raise — entered as Series A.
  2. Series A$2.7M2014-04-30
    • Raised again after 26 mo — slower than the ~12 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
  3. Series A$4.2M2014-04-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
Intelligence
2015 ~Q2
Modeled next raise · ~13mo cadence
$6.5M
Modeled next size est.range $4.2M$10.4M
1.6×
Last step-up
$5.4M/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
Gareth Dickens1 other2012-02
Will Thorndike1 other2012-02
Karen Moriarty2012-02
Maximillian Puyanic2012-02
Robert Steenson2014-04
Registry & provenance

ConvenientMD 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
1543625
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
Asclepian Group, LLCHospitals and PhysiciansSeries A$10.0M$75.8Mnetwork1 shared operator · same sector · same stage
Accelerate Dental Holdings, LLCHospitals and PhysiciansSeries A$11.9M$68.7Msame sector · same stage
Altus ER Holdco, L.P.Hospitals and PhysiciansSeries A$12.0M$29.4Msame sector · same stage
NKD Rehab, LLCHospitals and PhysiciansSeries A$12.0M$146.5Msame sector · same stage
Lifepoint Hospitals, Inc.Hospitals and PhysiciansSeries A$12.0M$37.5Msame sector · same stage
Kindful Health, LLCHospitals and PhysiciansSeries A$11.7M$93.5Msame sector · same stage
Hamilton Health Box, Inc.Hospitals and PhysiciansSeries A$11.5M$48.6Msame sector · same stage
Lubbock Heart Hospital, LlcHospitals and PhysiciansSeries A$11.5M$21.6Msame sector · same stage
Frequently asked
How much funding has ConvenientMD LLC raised?
ConvenientMD LLC has raised approximately $11.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is ConvenientMD LLC's estimated valuation?
Provath's modeled valuation for ConvenientMD LLC is approximately $78.2M (modeled range $5.6M–$425.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ConvenientMD LLC at?
ConvenientMD LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Apr 30.
What does ConvenientMD LLC do and where is it based?
ConvenientMD LLC operates in the Hospitals and Physicians sector, based in PORTSMOUTH.
Explore related

See where ConvenientMD LLC 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 ConvenientMD LLC, 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.