Diligence memo · auto-generated · as of July 2, 2026
Dermatologists of Central States, LLC
Dermatologists of Central States, LLC looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Dermatologists of Central States, LLC operates in Other Health Care, based in CINCINNATI.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Dermatologists of Central States, LLC has raised $7.5M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.1M on 2025-05-28.
Most recent recorded round closed around 2025-05-28.
Valuation (modeled)modeled
Provath models Dermatologists of Central States, LLC at approximately $9.4M (range $2.7M–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.22× the median modeled value of Seed Other Health Care companies in 2025–2027 (105 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 13 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 71% of Other Health Care peers (5377 compared).
Modeled value ranks above 33% of those peers.
Closest niche peers: Xymogen, Inc., Willow Life Sciences, Inc., ManyClicks, Inc., Sterile State, Inc., Limber Prosthetics, Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.