Companies · Medical Devices

First Coast Surgical Services LLC

TUCSON · Medical Devices · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on First Coast Surgical Services LLC — recommendation, valuation, rhythm, risks.
$470K
Total raised · real
2
Rounds
1.2×
Latest step-up
Top 72%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Sat Jul 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

First Coast Surgical Services LLC looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the medical devices sector profile.

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

Fair
  • Modeled value is 0.68× the median modeled value of Pre-Seed Medical Devices companies in 2016–2018 (12 peers) — value vs value, same stage and era.
  • Within the normal band (68% of peer median) for its niche.
Dormant
  • Last raise 9.0 yr ago; this sector typically re-raises about every 16 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

First Coast Surgical Services LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.0 yr record
Peak capital year was 2017 with $260K across 1 filings.
Market position
ahead of 29% of Medical Devices peers
Capital scale is ahead of 29% of Medical Devices peers; modeled value is above 50% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2017: $260K across 1 filings.
  • Largest single filing was $260K on 2017-07-01.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Medical Devices

First Coast Surgical Services LLC is one of 233 Medical Devices companies tracked from TUCSON. By capital raised it ranks in the long tail (ahead of 29% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
2015
Year incorporated
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$2.5M$5.0M$7.5M$10MPre-Seed · 2015-07-01 Raised $210K (real) Modeled valuation $7.7M (est)$210K$7.7MPre-Seed2015Pre-Seed · 2017-07-01 Raised $260K (real) Modeled valuation $9.6M (est)$260K$9.6MPre-Seed2017+$260KCumulative $470K

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
Pre-Seed$210K · 2015
Pre-Seed extension$260K · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$9.6M
Base estimate est.
$156K
Conservative case
$108.6M
Upside case
$1.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the medical devices sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.7M · 2015-07-012015Pre-Seed · modeled $9.6M · 2017-07-012017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.71×/yr
Annual markup
2.31×/yr upside case
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$235K/yr
Capital velocity
11.0 yr
On record since
2015
First round
2
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. 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) 0.2× of median
This company$470K
Sector median$2.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.9× of median
This company$260K
Sector median$296K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$9.6M
Sector median$15.4M

Raised more than 29% of sector peers (real $). Modeled value above 50% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #10 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Magnolia Diagnostics, LLC · Pre-Seed Raised $938K · modeled $34.5M (est)Spinal Surgical Strategies, Inc. · Pre-Seed Raised $1.4M · modeled $23.4M (est)ADM Diagnostics, Inc. · Pre-Seed Raised $620K · modeled $22.8M (est)7D Surgical Inc. · Pre-Seed Raised $581K · modeled $21.4M (est)Alert Mobile Diagnostics, LLC · Pre-Seed Raised $575K · modeled $21.2M (est)Prime Surgical Center of Newport Beach, LLC · Pre-Seed Raised $425K · modeled $15.7M (est)Longhorn Surgical Services Llc · Pre-Seed Raised $336K · modeled $12.4M (est)Great Lakes Surgical Center Llc · Pre-Seed Raised $315K · modeled $11.6M (est)Bay State Surgical Services, LLC · Pre-Seed Raised $602K · modeled $10.9M (est)Alapaha Florida Surgical Services, LLC · Pre-Seed Raised $641K · modeled $4.7M (est)Belleville Surgical Center Ltd · Pre-Seed Raised $124K · modeled $4.6M (est)First Coast Surgical Services LLC (this company) Raised $470K · modeled $9.6M (est)First Coast Surgical Services LLC
CompanyStageRaised · realValue · estvs peer med.
Magnolia Diagnostics, LLCPre-Seed$938K$34.5M2.46×
Spinal Surgical Strategies, Inc.Pre-Seed$1.4M$23.4M1.67×
ADM Diagnostics, Inc.Pre-Seed$620K$22.8M1.63×
7D Surgical Inc.Pre-Seed$581K$21.4M1.53×
Alert Mobile Diagnostics, LLCPre-Seed$575K$21.2M1.51×
Prime Surgical Center of Newport Beach, LLCPre-Seed$425K$15.7M1.12×
Longhorn Surgical Services LlcPre-Seed$336K$12.4M0.88×
Great Lakes Surgical Center LlcPre-Seed$315K$11.6M0.83×
Bay State Surgical Services, LLCPre-Seed$602K$10.9M0.78×
First Coast Surgical Services LLC this companyPre-Seed$470K$9.6M0.68×
Alapaha Florida Surgical Services, LLCPre-Seed$641K$4.7M0.33×
Belleville Surgical Center LtdPre-Seed$124K$4.6M0.33×
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.
Pre-Seed$210K2015-07-01$1.2M$7.7M85%
Pre-Seed$260K2017-07-01$1.4M$9.6M90%
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. Pre-Seed$210K2015-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$260K2017-07-01
    • Raised 24 mo later, in step with the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $1M–$5M.
Intelligence
2019 ~Q3
Modeled next raise · ~24mo cadence
$322K
Modeled next size est.range $260K$515K
1.2×
Last step-up
$235K/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
Christopher Gleason34 other2015-07
Matthew Gleason33 other2015-07
Todd Pierce21 other2015-07
Registry & provenance

First Coast Surgical Services LLC 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
1643272
SEC CIK
2015
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
Direct Surgical Services LLCMedical DevicesPre-Seed$461K$8.4Mnetwork3 shared operators · same sector · same stage
West Texas Surgical Services, LLCMedical DevicesPre-Seed$481K$12.0Mnetwork3 shared operators · same sector · same stage
East Valley Surgical Services LLCMedical DevicesPre-Seed$438K$3.5Mnetwork3 shared operators · same sector · same stage
Mid-Valley Surgical Services LLCMedical DevicesPre-Seed$389K$6.5Mnetwork3 shared operators · same sector · same stage
Bay State Surgical Services, LLCMedical DevicesPre-Seed$602K$10.9Mnetwork3 shared operators · same sector · same stage
Alapaha Florida Surgical Services, LLCMedical DevicesPre-Seed$641K$4.7Mnetwork3 shared operators · same sector · same stage
Longhorn Surgical Services LlcMedical DevicesPre-Seed$336K$12.4Mnetwork3 shared operators · same sector · same stage
Rio Grande Surgical Services LLCMedical DevicesPre-Seed$318K$1.2Mnetwork3 shared operators · same 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
Bay State Surgical Services, LLCMedical DevicesPre-Seed$10.9M88%
NMS Surgical Services, LLCMedical DevicesPre-Seed$2.5M85%
Southeastern Surgical Services, LLCMedical DevicesPre-Seed$3.7M84%
Prime Surgical Center of Newport Beach, LLCMedical DevicesPre-Seed$15.7M84%
Direct Surgical Services LLCMedical DevicesPre-Seed$8.4M84%
Surgical Suites of Coastal Virginia, LLCMedical DevicesSeed$56.6M84%
West Texas Surgical Services, LLCMedical DevicesPre-Seed$12.0M83%
OnPoint Surgical, Inc.Medical DevicesPre-Seed$7.4M83%
Frequently asked
How much funding has First Coast Surgical Services LLC raised?
First Coast Surgical Services LLC has raised approximately $470K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is First Coast Surgical Services LLC's estimated valuation?
Provath's modeled valuation for First Coast Surgical Services LLC is approximately $9.6M (modeled range $156K–$108.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is First Coast Surgical Services LLC at?
First Coast Surgical Services LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Sat Jul 01.
What does First Coast Surgical Services LLC do and where is it based?
First Coast Surgical Services LLC operates in the Medical Devices sector, based in TUCSON.
Explore related

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