Diligence memo · auto-generated · as of July 2, 2026
Franklin Surgical Center, LLC
Franklin Surgical Center, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Franklin Surgical Center, LLC operates in Medical Devices, based in BIRMINGHAM.
Sub-sector tags: medical-devices.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Franklin Surgical Center, LLC has raised $1.0M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $402K on 2018-07-17.
Most recent recorded round closed around 2019-07-01.
Valuation (modeled)modeled
Provath models Franklin Surgical Center, LLC at approximately $9.2M (range $150K–$105M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 7.0 yr ago; this sector typically re-raises about every 16 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 42% of Medical Devices peers (233 compared).
Modeled value ranks above 49% of those peers.
Closest niche peers: Augustine Surgical, Inc., White Mountain Surgical Partners, LLC, Irving Specialists Surgical Center LLC, Grand Parkway Surgical Institute LLC, Halo Diagnostics Llc.
Peoplefiled
16 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.