Companies · Hospitals and Physicians

FloatCare Inc.

MAGNOLIA · Hospitals and Physicians

Diligence memoA one-page analyst read on FloatCare Inc. — recommendation, valuation, rhythm, risks.
$500K
Total raised · real
1
Rounds
Latest step-up
Top 80%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Jan 22 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

FloatCare Inc. 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 health services 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 1.04× the median modeled value of Pre-Seed Hospitals and Physicians companies in 2019–2021 (37 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Dormant
  • Last raise 6.4 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Hospitals and Physicians

FloatCare Inc. is one of 599 Hospitals and Physicians companies tracked from MAGNOLIA. By capital raised it ranks in the long tail (ahead of 21% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2019
Year incorporated
2020-01-22
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$5.0M$10M$15M$20MPre-Seed · 2020-01-22 Raised $500K (real) Modeled valuation $14M (est)$500K$14MPre-Seed2020

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$500K · 2020

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

Modeled valuation trajectory
$14.3M
Base estimate est.
$327K
Conservative case
$162.5M
Upside case
$2.8M
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 health services sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.61×/yr
Annual markup
2.18×/yr upside case
6.0 yr
Elapsed time used
6.4 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
6.4 yr
On record since
2020
First round
1
Rounds on file
How it compares to the market

Benchmarked against 599 companies in Hospitals and Physicians. 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) 0.3× of median
This company$500K
Sector median$1.8M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.3× above median
This company$500K
Sector median$400K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$14.3M
Sector median$22.9M

Raised more than 21% of sector peers (real $). Modeled value above 40% 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 #17 of 37.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Arlington Dental Associates PC · Pre-Seed Raised $1.0M · modeled $28.7M (est)Locqum LLC · Pre-Seed Raised $1.0M · modeled $28.7M (est)iRemedy PPE 3, LLC · Pre-Seed Raised $1.0M · modeled $28.7M (est)iRemedy PPE 4, LLC · Pre-Seed Raised $1.0M · modeled $28.7M (est)Newton Dentistry PC · Pre-Seed Raised $1.0M · modeled $28.7M (est)iRemedy PPE2, LLC · Pre-Seed Raised $1.0M · modeled $28.7M (est)St. Luke's Surgery Center of Chesterfield, LLC /DE · Pre-Seed Raised $980K · modeled $28.1M (est)Nevyas Eye Surgery Center, LLC · Pre-Seed Raised $1.0M · modeled $28.1M (est)Regional Healthplus Llc · Pre-Seed Raised $3.5M · modeled $24.6M (est)EAMC-Lanier Ambulatory Surgery Center, LLC · Pre-Seed Raised $850K · modeled $24.4M (est)Gulfstream Surgical Fort Worth LLC · Pre-Seed Raised $960K · modeled $24.2M (est)iRemedy PPE, LLC · Pre-Seed Raised $800K · modeled $22.9M (est)FloatCare Inc. (this company) Raised $500K · modeled $14.3M (est)FloatCare Inc.
CompanyStageRaised · realValue · estvs peer med.
Arlington Dental Associates PCPre-Seed$1.0M$28.7M2.08×
Locqum LLCPre-Seed$1.0M$28.7M2.08×
iRemedy PPE 3, LLCPre-Seed$1.0M$28.7M2.08×
iRemedy PPE 4, LLCPre-Seed$1.0M$28.7M2.08×
Newton Dentistry PCPre-Seed$1.0M$28.7M2.08×
iRemedy PPE2, LLCPre-Seed$1.0M$28.7M2.08×
St. Luke's Surgery Center of Chesterfield, LLC /DEPre-Seed$980K$28.1M2.04×
Nevyas Eye Surgery Center, LLCPre-Seed$1.0M$28.1M2.04×
Regional Healthplus LlcPre-Seed$3.5M$24.6M1.79×
EAMC-Lanier Ambulatory Surgery Center, LLCPre-Seed$850K$24.4M1.77×
Gulfstream Surgical Fort Worth LLCPre-Seed$960K$24.2M1.76×
iRemedy PPE, LLCPre-Seed$800K$22.9M1.67×
FloatCare Inc. this companyPre-Seed$500K$14.3M1.04×
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$500K2020-01-22$2.8M$14.3M90%
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$500K2020-01-22
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$800K
Modeled next size est.range $520K$1.3M
Last step-up
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
Sumit Sikka2020-01
Registry & provenance

FloatCare Inc. 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
1803904
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
Ascension Health Care Network, Inc.Hospitals and PhysiciansPre-Seed$500K$14.3Msame sector · same stage
Laredo FED JV1, LLCHospitals and PhysiciansPre-Seed$500K$14.3Msame sector · same stage
Oriental Dolphins CCG Lender, LLPHospitals and PhysiciansPre-Seed$500K$14.3Msame sector · same stage
Fast Lane Emergency Room LLCHospitals and PhysiciansPre-Seed$503K$14.4Msame sector · same stage
Pediatric Orthopaedic Associates, P.C.Hospitals and PhysiciansPre-Seed$506K$5.3Msame sector · same stage
Medplex Systems, IncHospitals and PhysiciansPre-Seed$490K$1.1Msame sector · same stage
East El Paso Physicians' Medical Center, LLCHospitals and PhysiciansPre-Seed$485K$13.9Msame sector · same stage
Blue Bell ASC, LLCHospitals and PhysiciansPre-Seed$520K$14.9Msame 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
Fish Pond Surgery Center LtdHospitals and PhysiciansPre-Seed$12.7M82%
Gateway Ambulatory Surgery Center, LLCHospitals and PhysiciansSeed$1.2M81%
Circle Medical Technologies, Inc.Hospitals and PhysiciansSeries A$114.7M80%
Partners In Care CorpHospitals and PhysiciansSeed$36.3M79%
Balance Ophthalmics, Inc.Other Health CareSeed$14.9M79%
Galena Innovations, Inc.Other Health CarePre-Seed$1.2M78%
General Fluidics CorpOther Health CareSeries B$119.3M78%
ApolloMD Physician Partners, Inc.Hospitals and PhysiciansSeed$16.6M78%
Frequently asked
How much funding has FloatCare Inc. raised?
FloatCare Inc. has raised approximately $500K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is FloatCare Inc.'s estimated valuation?
Provath's modeled valuation for FloatCare Inc. is approximately $14.3M (modeled range $327K–$162.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FloatCare Inc. at?
FloatCare Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Jan 22.
What does FloatCare Inc. do and where is it based?
FloatCare Inc. operates in the Hospitals and Physicians sector, based in MAGNOLIA.
Explore related

See where FloatCare Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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