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

HSC TopCo, LLC

HSC TopCo, LLC looks fair against its niche peers and is active on financing cadence.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

HSC TopCo, LLC operates in Other, based in INDIANAPOLIS.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

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

Capital & rounds (filed)filed

HSC TopCo, LLC has raised $19M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $19M on 2026-02-17.

Most recent recorded round closed around 2026-02-17.

Valuation (modeled)modeled

Provath models HSC TopCo, LLC at approximately $77M (range $47M–$101M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.91× the median modeled value of Series B Other companies in 2025–2027 (207 peers) — value vs value, same stage and era. Within the normal band (91% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 4 mo ago; this sector typically re-raises about every 11 months.

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

Comparablesmixed

Capital scale ranks ahead of 85% of Other peers (25015 compared).

Modeled value ranks above 80% of those peers.

Closest niche peers: Acorn Sim Investor Holdings, LLC, Aircapture, Inc., Bathhouse Holdings Inc., Chlorum Solutions USA LLC, Olympus Pines LLC.

Peoplefiled

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

Risks & flagsmixed

Broad sector classification weakens peer comparison.

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