Companies · Hospitals and Physicians

IHC Partners, LLC

FRISCO · Hospitals and Physicians

Diligence memoA one-page analyst read on IHC Partners, LLC — recommendation, valuation, rhythm, risks.
$3.5M
Total raised · real
2
Rounds
1.3×
Latest step-up
Top 36%
Sector rank · raised
Seed
Latest stage · inferred · Tue Sep 17 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

IHC Partners, LLC looks fair against its niche peers and is quiet 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 0.73× the median modeled value of Seed Hospitals and Physicians companies in 2022–2024 (23 peers) — value vs value, same stage and era.
  • Within the normal band (73% of peer median) for its niche.
Quiet
  • Last raise 21 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector 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

IHC Partners, 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
7.6 yr record
Peak capital year was 2024 with $2.0M across 1 filings.
Market position
ahead of 65% of Hospitals and Physicians peers
Capital scale is ahead of 65% of Hospitals and Physicians peers; modeled value is above 28% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2024: $2.0M across 1 filings.
  • Largest single filing was $2.0M on 2024-09-17.
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.
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

IHC Partners, LLC is one of 599 Hospitals and Physicians companies tracked from FRISCO. By capital raised it ranks mid-pack (ahead of 65% of sector peers), and in the long tail 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
Rule 506(b)
Reg D exemption
17
Investors (latest)
2024-09-17
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$13M$25M$38M$50MSeed · 2018-11-29 Raised $1.5M (real) Modeled valuation $35M (est)$1.5M$35MSeed2018Seed · 2024-09-17 Raised $2.0M (real) Modeled valuation $8.2M (est)$2.0M$8.2MSeed2024+$2.0MCumulative $3.5M

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
Seed$1.5M · 2018
Seed extension$2.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$8.2M
Base estimate est.
$1.8M
Conservative case
$20.5M
Upside case
$10.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the health services sector profile. Directional, not a quoted figure.

Seed · modeled $34.6M · 2018-11-292018Seed · modeled $8.2M · 2024-09-172024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.51×/yr
Annual markup
1.98×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
70 mo
Avg between rounds
$603K/yr
Capital velocity
7.6 yr
On record since
2018
First round
2
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) 1.9× above median
This company$3.5M
Sector median$1.8M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$8.2M
Sector median$22.9M

Raised more than 65% of sector peers (real $). Modeled value above 28% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 23.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Maplemere Ventures LLC · Seed Raised $4.0M · modeled $34.8M (est)San Joaquin Valley Surgery Center, LLC · Seed Raised $2.8M · modeled $34.2M (est)Specialty Surgical Center of Encino LLC · Seed Raised $4.3M · modeled $31.7M (est)RemoteMD International, Inc. · Seed Raised $2.5M · modeled $26.8M (est)Great Seal Surgery Center, LLC · Seed Raised $2.5M · modeled $24.0M (est)NCH Naples Outpatient Surgical Institute, LLC · Seed Raised $3.0M · modeled $23.7M (est)Sight Vision Partners, LLC · Seed Raised $3.9M · modeled $18.9M (est)Voigtlander Holdco, LLC · Seed Raised $1.6M · modeled $17.5M (est)K & B Surgical Center, LLC · Seed Raised $3.2M · modeled $12.9M (est)Northwest Indiana Health System, Llc · Seed Raised $1.6M · modeled $12.6M (est)KOBHG Holdings, L.P. · Seed Raised $1.4M · modeled $12.0M (est)AdventHealth Surgery Center Innovation Tower, LLC · Seed Raised $1.8M · modeled $11.3M (est)IHC Partners, LLC (this company) Raised $3.5M · modeled $8.2M (est)IHC Partners, LLC
CompanyStageRaised · realValue · estvs peer med.
Maplemere Ventures LLCSeed$4.0M$34.8M3.09×
San Joaquin Valley Surgery Center, LLCSeed$2.8M$34.2M3.04×
Specialty Surgical Center of Encino LLCSeed$4.3M$31.7M2.82×
RemoteMD International, Inc.Seed$2.5M$26.8M2.38×
Great Seal Surgery Center, LLCSeed$2.5M$24.0M2.13×
NCH Naples Outpatient Surgical Institute, LLCSeed$3.0M$23.7M2.10×
Sight Vision Partners, LLCSeed$3.9M$18.9M1.68×
Voigtlander Holdco, LLCSeed$1.6M$17.5M1.56×
K & B Surgical Center, LLCSeed$3.2M$12.9M1.15×
Northwest Indiana Health System, LlcSeed$1.6M$12.6M1.12×
KOBHG Holdings, L.P.Seed$1.4M$12.0M1.07×
AdventHealth Surgery Center Innovation Tower, LLCSeed$1.8M$11.3M1.00×
IHC Partners, LLC this companySeed$3.5M$8.2M0.73×
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.
Seed$1.5M2018-11-29$7.5M$34.6M90%
Seed$2.0M2024-09-17$10.0M$8.2M90%
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. Seed$1.5M2018-11-29
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Seed$2.0M2024-09-17
    • Raised again after 70 mo — slower than the ~12 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 17 investors on this round.
Intelligence
2030 ~Q3
Modeled next raise · ~70mo cadence
$2.7M
Modeled next size est.range $2.0M$4.3M
1.3×
Last step-up
$603K/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
Clifton N Orme2018-11
Gary Brent Wood2018-11
Leonardo Gonzalez Lopez2018-11
Ricardo Castro2024-09
Ricardo N Castro2018-11
Registry & provenance

IHC Partners, 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
1759551
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
Wnh LlcHospitals and PhysiciansSeed$3.5M$6.9Msame sector · same stage
Mountain View Hospital, LLCHospitals and PhysiciansSeed$3.4M$11.1Msame sector · same stage
Cardiovascular Provider Resources, Inc.Hospitals and PhysiciansSeed$3.3M$17.1Msame sector · same stage
K & B Surgical Center, LLCHospitals and PhysiciansSeed$3.2M$12.9Msame sector · same stage
Specialty Surgical Center, LLCHospitals and PhysiciansSeed$3.1M$18.3Msame sector · same stage
Sight Vision Partners, LLCHospitals and PhysiciansSeed$3.9M$18.9Msame sector · same stage
Orthopaedics-Indianapolis, Inc.Hospitals and PhysiciansSeed$3.9M$19.9Msame sector · same stage
ApolloMD Physician Partners, Inc.Hospitals and PhysiciansSeed$3.9M$16.6Msame 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
Jphc LlcHospitals and PhysiciansPre-Seed$8.5M86%
Partners In Care CorpHospitals and PhysiciansSeed$36.3M83%
IMS Holdings of Arizona, LLCHospitals and PhysiciansPre-Seed$9.0M81%
ApolloMD Physician Partners, Inc.Hospitals and PhysiciansSeed$16.6M81%
AndHealth LLCHospitals and PhysiciansSeries A$50.0M80%
WHCG Purchaser Management, LLCHospitals and PhysiciansSeries C$1.6B80%
AJR Physician Holdings, LLCHospitals and PhysiciansPre-Seed$10.3M80%
TCH Management Services I, LLCHospitals and PhysiciansPre-Seed$3.6M80%
Frequently asked
How much funding has IHC Partners, LLC raised?
IHC Partners, LLC has raised approximately $3.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is IHC Partners, LLC's estimated valuation?
Provath's modeled valuation for IHC Partners, LLC is approximately $8.2M (modeled range $1.8M–$20.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is IHC Partners, LLC at?
IHC Partners, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Sep 17.
What does IHC Partners, LLC do and where is it based?
IHC Partners, LLC operates in the Hospitals and Physicians sector, based in FRISCO.
Explore related

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

Is this your company?

If you work at IHC Partners, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.