Diligence memo · auto-generated · as of July 2, 2026
Covenant Surgical Partners Inc
Covenant Surgical Partners Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Covenant Surgical Partners Inc operates in Other Health Care, based in NASHVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Covenant Surgical Partners Inc has raised $126M in disclosed capital across 25 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $35M on 2013-01-22.
Most recent recorded round closed around 2013-12-31.
Valuation (modeled)modeled
Provath models Covenant Surgical Partners Inc at approximately $191M (range $20M–$733M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.43× the median modeled value of Series B Other Health Care companies in 2013–2015 (85 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 12.5 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 8.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Other Health Care peers (5377 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Drynachan, Llc, Vistria SHC Holdings, LLC, Ebh Holding Company, Inc., Orthopediatrics Corp, Assurerx Health, Inc.
Peoplefiled
19 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.