Diligence memo · auto-generated · as of July 2, 2026
ConvenientMD LLC
ConvenientMD LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
ConvenientMD LLC operates in Hospitals and Physicians, based in PORTSMOUTH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ConvenientMD LLC has raised $12M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.0M on 2012-02-15.
Most recent recorded round closed around 2014-04-30.
Valuation (modeled)modeled
Provath models ConvenientMD LLC at approximately $78M (range $5.6M–$425M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 12.2 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Bay Area Hospital Real Estate, LLC, HPI Broadway, LLC, Progressive Acute Care, LLC, University General Health System, Inc., Lifepoint Hospitals, Inc..
Peoplefiled
5 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.