Companies · Other

FHCS Physician Investors, L.L.C.

DAKOTA DUNES · Other

Diligence memoA one-page analyst read on FHCS Physician Investors, L.L.C. — recommendation, valuation, rhythm, risks.
$6.8M
Total raised · real
3
Rounds
0.5×
Latest step-up
Top 29%
Sector rank · raised
Series A
Latest stage · inferred · Wed Feb 01 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

FHCS Physician Investors, L.L.C. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.10× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.4 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Other

FHCS Physician Investors, L.L.C. is one of 25015 Other companies tracked from DAKOTA DUNES. By capital raised it ranks in the upper tier (ahead of 72% of sector peers), and in the long tail 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
Rule 504
Reg D exemption
1
Investors (latest)
2019
Year incorporated
2023-02-01
First sale
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 · 2019-05-01 Raised $6.0M (real) Modeled valuation $90M (est)$6.0M$90MSeries A2019Series A · 2021-01-01 Raised $264K (real) Modeled valuation $3.4M (est)$264K$3.4MSeries A2021Series A · 2023-02-01 Raised $579K (real) Modeled valuation $4.0M (est)$579K$4.0MSeries A2023Pre-Seed · 2023-02-01 Raised $299K (real) Modeled valuation $2.2M (est)$299K$2.2MPre-Seed2023+$264K+$579K+$299KCumulative $7.1M

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$6.0M · 2019
Series A extension$264K · 2021
Series A extension$579K · 2023
Bridge · Series A-stage$299K · 2023smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$4.0M
Base estimate est.
$790K
Conservative case
$12.1M
Upside case
$2.6M
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. Directional, not a quoted figure.

Series A · modeled $90.0M · 2019-05-012019Series A · modeled $3.4M · 2021-01-01Series A · modeled $4.0M · 2023-02-01Pre-Seed · modeled $2.2M · 2023-02-012023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$1.8M/yr
Capital velocity
7.2 yr
On record since
2019
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 3.3× above median
This company$6.8M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$299K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$4.0M
Sector median$17.7M

Raised more than 72% of sector peers (real $). Modeled value above 21% 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 #1088 of 1,135.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.5M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.6M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.1M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.1M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.4M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $134.0M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $133.0M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.1M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.8M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.7M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.9M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.3M (est)FHCS Physician Investors, L.L.C. (this company) Raised $6.8M · modeled $4.0M (est)FHCS Physician Investors, L.L.C.
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.5M3.67×
Quantori, Inc.Series A$15.0M$138.6M3.57×
Qquv Investments 5, LlcSeries A$15.0M$135.1M3.48×
Applause Network TV, Inc.Series A$15.0M$135.1M3.48×
Trustworthy CoSeries A$15.5M$134.4M3.46×
DigniFi Holding, Inc.Series A$24.3M$134.0M3.45×
Proventures Capital, Inc.Series A$14.7M$133.0M3.42×
Zenledger, Inc.Series A$21.6M$132.1M3.40×
Gridwise, Inc.Series A$20.4M$131.8M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.7M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.9M3.26×
Harmony Musical LLCSeries A$15.0M$126.3M3.25×
FHCS Physician Investors, L.L.C. this companySeries A$6.8M$4.0M0.10×
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$6.0M2019-05-01$27.0M$90.0M90%
Series A$264K2021-01-01$1.2M$3.4M90%
Series A$579K2023-02-01$2.6M$4.0M90%
Pre-Seed$299K2023-02-01$1.7M$2.2M90%
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$6.0M2019-05-01
    • First recorded raise — entered as Series A.
    • 25 investors on this round.
  2. Series A$264K2021-01-01
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 22.6× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • 1 investor on this round.
  3. Series A$579K2023-02-01
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 504 (was Rule 506(b)).
    • 2 investors on this round.
  4. Pre-Seed$299K2023-02-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~15mo cadence
$299K
Modeled next size est.range $299K$478K
0.5×
Last step-up
$1.8M/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
Paul Peterson2 other2023-02
Bryce Robison2019-05
Frank Marino2019-05
Heather Longval2023-02
Jeffrey Kellogg2019-05
Kathryn Opheim2019-05
Kurt Rosenkrans2019-05
Melissa Austreim-Krell2023-02
Nancy Schenk2023-02
Shanin McCabe-Harding2019-05
Registry & provenance

FHCS Physician Investors, L.L.C. 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
1786986
SEC CIK
2019
Incorporated
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
Premier Exhibitions, Inc.OtherSeries A$6.3M$3.8Msame sector · same stage
Incite IncOtherSeries A$9.1M$3.8Msame sector · same stage
AMOpportunities, Inc.OtherSeries A$12.0M$4.1Msame sector · same stage
Virtual Rights Management, LLCOtherSeries A$14.1M$4.2Msame sector · same stage
Abom, Inc.OtherSeries A$18.4M$4.2Msame sector · same stage
PIXEL VELOCITY IncOtherSeries A$18.5M$4.0Msame sector · same stage
Wolverine TopCo, LPOtherSeries A$19.5M$3.8Msame sector · same stage
Youblast Global, Inc.OtherSeries A$19.7M$4.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
RHC Investment Corp.OtherSeries A$124.5M83%
Lv Investors LlcOtherSeries A$22.1M82%
OMCV Investments L.P.OtherSeries C$910.1M82%
ISC Physician Holdings, LLCOtherSeed$5.3M82%
NCHC Investors, Ltd.OtherSeries B$344.1M81%
ALCV Investments, L.P.OtherSeries D+$4.8B81%
LMS Investment, LLCOtherSeries A$70.1M81%
BFS Income Investors, L.P.OtherSeries A$37.3M81%
Frequently asked
How much funding has FHCS Physician Investors, L.L.C. raised?
FHCS Physician Investors, L.L.C. has raised approximately $6.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is FHCS Physician Investors, L.L.C.'s estimated valuation?
Provath's modeled valuation for FHCS Physician Investors, L.L.C. is approximately $4.0M (modeled range $790K–$12.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FHCS Physician Investors, L.L.C. at?
FHCS Physician Investors, L.L.C.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Feb 01.
What does FHCS Physician Investors, L.L.C. do and where is it based?
FHCS Physician Investors, L.L.C. operates in the Other sector, based in DAKOTA DUNES.
Explore related

See where FHCS Physician Investors, L.L.C. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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