Diligence memo · auto-generated · as of July 2, 2026

FPPS Holdings, LLC

FPPS Holdings, LLC looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

FPPS Holdings, LLC operates in Other Health Care, based in AUSTIN.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

FPPS Holdings, LLC has raised $19M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $12M on 2024-07-23.

Most recent recorded round closed around 2025-04-29.

Valuation (modeled)modeled

Provath models FPPS Holdings, LLC at approximately $7.2M (range $2.6M–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.44× the median modeled value of Series A Other Health Care companies in 2025–2027 (83 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 7 months.

Last raise 14 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 6.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 83% of Other Health Care peers (5377 compared).

Modeled value ranks above 28% of those peers.

Closest niche peers: HelloJoy, Inc., Maui Imaging, Inc., Celltrio, Inc., Medmo, Inc., Vertical Orthopaedics, Inc..

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.