Diligence memo · auto-generated · as of July 2, 2026
DxTx Pain & Spine LLC
DxTx Pain & Spine LLC looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
DxTx Pain & Spine LLC operates in Hospitals and Physicians, based in Elgin.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
DxTx Pain & Spine LLC has raised $22M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $12M on 2020-04-28.
Most recent recorded round closed around 2023-06-14.
Valuation (modeled)modeled
Provath models DxTx Pain & Spine LLC at approximately $69M (range $13M–$190M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.42× the median modeled value of Series A Hospitals and Physicians companies in 2022–2024 (17 peers) — value vs value, same stage and era. Within the normal band (142% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 38 months.
Last raise 3.0 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 89% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: CareConnectMD, Inc., Kindful Health, LLC, National Dental Clinics Corp., Asclepian Group, LLC, Accelerate Dental Holdings, LLC.
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.