Companies · Medical Devices

Franklin Surgical Center, LLC

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

Diligence memoA one-page analyst read on Franklin Surgical Center, LLC — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
3
Rounds
1.3×
Latest step-up
Top 59%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Jul 01 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Franklin Surgical Center, 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 1.25× the median modeled value of Pre-Seed Medical Devices companies in 2019–2021 (26 peers) — value vs value, same stage and era.
  • Within the normal band (125% of peer median) for its niche.
Dormant
  • Last raise 7.0 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

Franklin Surgical Center, 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
8.9 yr record
Peak capital year was 2018 with $542K across 2 filings.
Market position
ahead of 42% of Medical Devices peers
Capital scale is ahead of 42% of Medical Devices peers; modeled value is above 49% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2018: $542K across 2 filings.
  • Largest single filing was $402K on 2018-07-17.
  • Filing rows sum to $1.3M, while canonical raised total is $1.0M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Franklin Surgical Center, LLC is one of 233 Medical Devices companies tracked from BIRMINGHAM. By capital raised it ranks mid-pack (ahead of 42% 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
Rule 506(b)
Reg D exemption
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 · 2017-07-28 Raised $360K (real) Modeled valuation $13M (est)$360K$13MPre-Seed2017Pre-Seed · 2018-07-17 Raised $402K (real) Modeled valuation $15M (est)$402K$15MPre-Seed2018Pre-Seed · 2018-07-18 Raised $140K (real) Modeled valuation $5.2M (est)$140K$5.2MPre-Seed2018Pre-Seed · 2019-07-01 Raised $192K (real) Modeled valuation $7.1M (est)$192K$7.1MPre-Seed2019Pre-Seed · 2019-07-01 Raised $250K (real) Modeled valuation $9.2M (est)$250K$9.2MPre-Seed2019+$402K+$140K+$192K+$250KCumulative $1.3M

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$360K · 2017
Pre-Seed extension$402K · 2018
Pre-Seed extension$140K · 2018
Pre-Seed extension$192K · 2019
Pre-Seed extension$250K · 2019

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

Modeled valuation trajectory
$9.2M
Base estimate est.
$150K
Conservative case
$104.5M
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 $13.3M · 2017-07-282017Pre-Seed · modeled $14.8M · 2018-07-17Pre-Seed · modeled $5.2M · 2018-07-18Pre-Seed · modeled $7.1M · 2019-07-01Pre-Seed · modeled $9.2M · 2019-07-012019
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
7.0 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$526K/yr
Capital velocity
8.9 yr
On record since
2017
First round
5
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) 0.4× of median
This company$1.0M
Sector median$2.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.8× of median
This company$250K
Sector median$296K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$9.2M
Sector median$15.4M

Raised more than 42% of sector peers (real $). Modeled value above 49% 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 #8 of 26.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Augustine Surgical, Inc. · Pre-Seed Raised $1.5M · modeled $36.9M (est)White Mountain Surgical Partners, LLC · Pre-Seed Raised $841K · modeled $31.0M (est)Irving Specialists Surgical Center LLC · Pre-Seed Raised $800K · modeled $27.6M (est)Grand Parkway Surgical Institute LLC · Pre-Seed Raised $555K · modeled $20.5M (est)Halo Diagnostics Llc · Pre-Seed Raised $488K · modeled $18.0M (est)West Texas Surgical Services, LLC · Pre-Seed Raised $481K · modeled $12.0M (est)Riverside Surgical Center of Meadowlands, LLC · Pre-Seed Raised $978K · modeled $11.2M (est)Osage ArkMo Surgical Services LLC · Pre-Seed Raised $819K · modeled $8.6M (est)Direct Surgical Services LLC · Pre-Seed Raised $461K · modeled $8.4M (est)Auricle, Inc. · Pre-Seed Raised $350K · modeled $8.1M (est)Accessible Diagnostics LLC · Pre-Seed Raised $719K · modeled $8.1M (est)Franklin Surgical Center, LLC (this company) Raised $1.0M · modeled $9.2M (est)Franklin Surgical Center, LLC
CompanyStageRaised · realValue · estvs peer med.
Augustine Surgical, Inc.Pre-Seed$1.5M$36.9M5.00×
White Mountain Surgical Partners, LLCPre-Seed$841K$31.0M4.21×
Irving Specialists Surgical Center LLCPre-Seed$800K$27.6M3.75×
Grand Parkway Surgical Institute LLCPre-Seed$555K$20.5M2.78×
Halo Diagnostics LlcPre-Seed$488K$18.0M2.44×
West Texas Surgical Services, LLCPre-Seed$481K$12.0M1.63×
Riverside Surgical Center of Meadowlands, LLCPre-Seed$978K$11.2M1.52×
Franklin Surgical Center, LLC this companyPre-Seed$1.0M$9.2M1.25×
Osage ArkMo Surgical Services LLCPre-Seed$819K$8.6M1.17×
Direct Surgical Services LLCPre-Seed$461K$8.4M1.14×
Auricle, Inc.Pre-Seed$350K$8.1M1.10×
Accessible Diagnostics LLCPre-Seed$719K$8.1M1.10×
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.
Pre-Seed$360K2017-07-28$2.0M$13.3M90%
Pre-Seed$402K2018-07-17$2.2M$14.8M90%
Pre-Seed$140K2018-07-18$777K$5.2M90%
Pre-Seed$192K2019-07-01$1.1M$7.1M90%
Pre-Seed$250K2019-07-01$1.4M$9.2M90%
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. Pre-Seed$360K2017-07-28
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$402K2018-07-17
    • Raised 12 mo later, in step with the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  3. Pre-Seed$140K2018-07-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Pre-Seed$192K2019-07-01
    • Raised 11 mo later, in step with the ~16 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
  5. Pre-Seed$250K2019-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
Intelligence
2019 ~Q4
Modeled next raise · ~6mo cadence
$326K
Modeled next size est.range $250K$522K
1.3×
Last step-up
$526K/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
Andrew Hayek12 other2017-07
Cory Roberts8 other2017-07
Michael Harward6 other2018-07
Jack Pocorobba5 other2018-07
Brian Nicholls2 other2018-07
Sap Sinha2 other2018-07
Brian Mathis1 other2017-07
Kara Gaughan1 other2019-07
Michael Rudman1 other2019-07
Richard Sharff1 other2018-07
Caitlin Zulla2017-07
David Chaiken2019-07
David Chaikin2018-07
Peter Chan2018-07
Richard Owensboro Sharff2019-07
Richard Winne2018-07
Registry & provenance

Franklin Surgical Center, 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
1714241
SEC CIK
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
Western Connecticut Orthopedic Surgical Center, LLCMedical DevicesPre-Seed$2.1M$276Knetwork3 shared operators · same sector · same stage
Surgical Center Of South Jersey LpMedical DevicesPre-Seed$2.8M$1.7Mnetwork3 shared operators · same sector · same stage
Danbury Surgical Center LpMedical DevicesSeed$6.2M$690Knetwork3 shared operators · same sector
Gladiolus Surgery Center, L.L.C.Other Health CarePre-Seed$598K$2.3Mnetwork3 shared operators · same stage
Somerset Outpatient Surgery, L.L.C.Other Health CarePre-Seed$3.0M$1.5Mnetwork3 shared operators · same stage
Seashore Surgical Institute, L.L.C.Medical DevicesPre-Seed$1.4M$10.0Mnetwork1 shared operator · same sector · same stage
SCA Danbury Surgical Center, LLCMedical DevicesPre-Seed$197K$7.2Mnetwork1 shared operator · same sector · same stage
Turbett Surgical, Inc.Medical DevicesPre-Seed$1.0M$15.6Msame 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
Specialty Surgical Center, LLC/NJMedical DevicesPre-Seed$1.6M87%
Connecticut Surgical Center, LLCMedical DevicesPre-Seed$4.6M87%
Advanced Surgical Center, LLCMedical DevicesSeed$25.1M87%
Surgical Center of Connecticut, LLCMedical DevicesPre-Seed$578K87%
Derry Surgical Center, LLCMedical DevicesPre-Seed$765K86%
Specialty Surgical Center, LLCHospitals and PhysiciansSeed$18.3M86%
National Surgical Partners, LLCMedical DevicesSeries A$30.2M85%
Great Lakes Surgical Center LlcMedical DevicesPre-Seed$11.6M85%
Frequently asked
How much funding has Franklin Surgical Center, LLC raised?
Franklin Surgical Center, LLC has raised approximately $1.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Franklin Surgical Center, LLC's estimated valuation?
Provath's modeled valuation for Franklin Surgical Center, LLC is approximately $9.2M (modeled range $150K–$104.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Franklin Surgical Center, LLC at?
Franklin Surgical Center, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Jul 01.
What does Franklin Surgical Center, LLC do and where is it based?
Franklin Surgical Center, LLC operates in the Medical Devices sector, based in BIRMINGHAM.
Explore related

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

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