Companies · Hospitals and Physicians

International Spine & Orthopedic Institute Llc

Overland Park · Hospitals and Physicians

Diligence memoA one-page analyst read on International Spine & Orthopedic Institute Llc — recommendation, valuation, rhythm, risks.
$34.6M
Total raised · real
7
Rounds
0.8×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Mon Apr 11 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

International Spine & Orthopedic Institute 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 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 1.27× the median modeled value of Series A Hospitals and Physicians companies in 2022–2024 (17 peers) — value vs value, same stage and era.
  • Within the normal band (127% of peer median) for its niche.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 12 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

International Spine & Orthopedic Institute 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
17.6 yr record
Peak capital year was 2015 with $9.9M across 2 filings.
Market position
ahead of 92% of Hospitals and Physicians peers
Capital scale is ahead of 92% of Hospitals and Physicians peers; modeled value is above 76% 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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 2015: $9.9M across 2 filings.
  • Largest single filing was $8.0M on 2015-07-01.
  • Filing rows sum to $39.7M, while canonical raised total is $34.6M; 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 Hospitals and Physicians

International Spine & Orthopedic Institute Llc is one of 599 Hospitals and Physicians companies tracked from Overland Park. By capital raised it ranks among the largest (ahead of 92% of sector peers), and in the upper tier 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
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$50M$100M$150M$200MSeed · 2008-11-30 Raised $2.9M (real) Modeled valuation $66M (est)Seed2008Seed · 2008-11-30 Raised $3.9M (real) Modeled valuation $90M (est)Seed2008Seed · 2008-11-30 Raised $2.3M (real) Modeled valuation $52M (est)Seed2008Series A · 2013-07-01 Raised $5.0M (real) Modeled valuation $94M (est)Series A2013Series A · 2015-07-01 Raised $1.9M (real) Modeled valuation $35M (est)Series A2015Series A · 2015-07-01 Raised $8.0M (real) Modeled valuation $150M (est)Series A2015Series A · 2017-07-01 Raised $1.8M (real) Modeled valuation $33M (est)Series A2017Series A · 2018-07-01 Raised $8.0M (real) Modeled valuation $150M (est)Series A2018Series A · 2022-04-11 Raised $6.0M (real) Modeled valuation $62M (est)Series A2022+$3.9M+$2.3M+$5.0M+$1.9M+$8.0M+$1.8M+$8.0M+$6.0MCumulative $40M

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$2.9M · 2008
Seed extension$3.9M · 2008
Seed extension$2.3M · 2008
Series A$5.0M · 2013
Series A extension$1.9M · 2015
Series A extension$8.0M · 2015
Series A extension$1.8M · 2017
Series A extension$8.0M · 2018
Series A extension$6.0M · 2022

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: 67%.

Modeled valuation trajectory
$61.6M
Base estimate est.
$8.0M
Conservative case
$222.6M
Upside case
$27.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the health services sector profile. Directional, not a quoted figure.

Seed · modeled $66.3M · 2008-11-302008Seed · modeled $90.5M · 2008-11-30Seed · modeled $52.4M · 2008-11-30Series A · modeled $93.8M · 2013-07-01Series A · modeled $35.2M · 2015-07-01Series A · modeled $150.1M · 2015-07-01Series A · modeled $33.2M · 2017-07-01Series A · modeled $150.1M · 2018-07-01Series A · modeled $61.6M · 2022-04-112022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.40×/yr
Annual markup
1.77×/yr upside case
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$2.6M/yr
Capital velocity
17.6 yr
On record since
2008
First round
9
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) 19× above median
This company$34.6M
Sector median$1.8M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.1× above median
This company$6.0M
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 2.7× above median
This company$61.6M
Sector median$22.9M

Raised more than 92% of sector peers (real $). Modeled value above 76% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #7 of 17.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)CareConnectMD, Inc. · Series A Raised $17.8M · modeled $99.8M (est)Kindful Health, LLC · Series A Raised $11.7M · modeled $93.6M (est)National Dental Clinics Corp. · Series A Raised $10.0M · modeled $80.1M (est)Asclepian Group, LLC · Series A Raised $10.0M · modeled $75.9M (est)DxTx Pain & Spine LLC · Series A Raised $21.6M · modeled $69.0M (est)Accelerate Dental Holdings, LLC · Series A Raised $11.9M · modeled $68.8M (est)Havasu Regional Medical Center, Llc · Series A Raised $18.3M · modeled $50.3M (est)Hamilton Health Box, Inc. · Series A Raised $11.5M · modeled $48.7M (est)RightMove Holdings Inc. · Series A Raised $4.5M · modeled $41.5M (est)KU MedWest Ambulatory Surgery Center, L.L.C. · Series A Raised $6.0M · modeled $33.5M (est)Woburn Dentistry PC · Series A Raised $5.0M · modeled $30.3M (est)International Spine & Orthopedic Institute Llc (this company) Raised $34.6M · modeled $61.6M (est)International Spine & Orthopedic Institute Llc
CompanyStageRaised · realValue · estvs peer med.
CareConnectMD, Inc.Series A$17.8M$99.8M2.05×
Kindful Health, LLCSeries A$11.7M$93.6M1.92×
National Dental Clinics Corp.Series A$10.0M$80.1M1.65×
Asclepian Group, LLCSeries A$10.0M$75.9M1.56×
DxTx Pain & Spine LLCSeries A$21.6M$69.0M1.42×
Accelerate Dental Holdings, LLCSeries A$11.9M$68.8M1.41×
International Spine & Orthopedic Institute Llc this companySeries A$34.6M$61.6M1.27×
Havasu Regional Medical Center, LlcSeries A$18.3M$50.3M1.03×
Hamilton Health Box, Inc.Series A$11.5M$48.7M1.00×
RightMove Holdings Inc.Series A$4.5M$41.5M0.85×
KU MedWest Ambulatory Surgery Center, L.L.C.Series A$6.0M$33.5M0.69×
Woburn Dentistry PCSeries A$5.0M$30.3M0.62×
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$2.9M2008-11-30$14.4M$66.3M85%
Seed$3.9M2008-11-30$19.6M$90.5M85%
Seed$2.3M2008-11-30$11.4M$52.4M85%
Series A$5.0M2013-07-01$22.7M$93.8M85%
Series A$1.9M2015-07-01$8.5M$35.2M85%
Series A$8.0M2015-07-01$36.4M$150.1M85%
Series A$1.8M2017-07-01$8.0M$33.2M90%
Series A$8.0M2018-07-01$36.4M$150.1M90%
Series A$6.0M2022-04-11$27.3M$61.6M90%
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$2.9M2008-11-30
    • First recorded raise — entered as Seed.
    • 39 investors on this round.
  2. Seed$3.9M2008-11-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 65 investors on this round.
  3. Seed$2.3M2008-11-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 39 investors on this round.
  4. Series A$5.0M2013-07-01
    • Raised again after 55 mo — slower than the ~12 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
  5. Series A$1.9M2015-07-01
    • Raised again after 24 mo — slower than the ~12 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
  6. Series A$8.0M2015-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.3× larger than the prior — scaling up.
  7. Series A$1.8M2017-07-01
    • Raised again after 24 mo — slower than the ~12 mo sector norm.
    • Round 4.5× smaller than the prior — bridge or down round.
  8. Series A$8.0M2018-07-01
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
  9. Series A$6.0M2022-04-11
    • Raised again after 45 mo — slower than the ~12 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
Intelligence
2023 ~Q4
Modeled next raise · ~20mo cadence
$6.0M
Modeled next size est.range $6.0M$9.6M
0.8×
Last step-up
$2.6M/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
Neal Dempsey3 other2022-04
John Harvey2 other2022-04
BRUCE GEWERTZ2022-04
BRUCE MICHAEL GEWERTZ2017-07
DAVID MICHAEL FRANZ2017-07
Hansen Michael Yuan2008-11
Hansen Reed Yuan2013-07
JOHN MICHAEL HARVEY2018-07
KENNETH MICHAEL HOWELL2017-07
MICHAEL FRANZ2022-04
Neal Howard Dempsey III2008-11
NEAL MICHAEL DEMPSEY, III2018-07
Neal Reed Dempsey, III2015-07
RANDY MULYADI2022-04
Robert Michael Franz2008-11
Scott Reed Brown2013-07
Stephen Howard Hochschuler2008-11
TONY MICHAEL CHEN2017-07
Tony Reed Chen2013-07
William De Paiva2013-07
Registry & provenance

International Spine & Orthopedic Institute 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
1451845
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
University General Health System, Inc.Hospitals and PhysiciansSeries A$37.6M$41.3Msame sector · same stage
Oklahoma Heart Hospital L L CHospitals and PhysiciansSeries A$27.1M$68.8Msame sector · same stage
DxTx Pain & Spine LLCHospitals and PhysiciansSeries A$21.6M$69.0Msame sector · same stage
Elemeno Health, Inc.Hospitals and PhysiciansSeries A$20.5M$20.0Msame sector · same stage
Foundation Radiology, Inc.Hospitals and PhysiciansSeries A$19.0M$30.0Msame sector · same stage
Havasu Regional Medical Center, LlcHospitals and PhysiciansSeries A$18.3M$50.3Msame sector · same stage
CareConnectMD, Inc.Hospitals and PhysiciansSeries A$17.8M$99.8Msame sector · same stage
AndHealth LLCHospitals and PhysiciansSeries A$15.0M$50.0Msame 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
Capital Orthopaedic & Spine Surgery Center, LLCHospitals and PhysiciansPre-Seed$17.2M85%
Orthopaedics-Indianapolis, Inc.Hospitals and PhysiciansSeed$19.9M81%
Bone & Joint Institute of Tennessee Surgery Center, LLCHospitals and PhysiciansSeed$40.7M80%
Center for Orthopedic & Research Excellence, Inc.Other Health CareSeries B$48.7M79%
N H Spine & Ortho, Inc.Other Health CarePre-Seed$22.5M79%
IHC Partners, LLCHospitals and PhysiciansSeed$8.2M79%
DxTx Pain & Spine LLCHospitals and PhysiciansSeries A$69.0M79%
IIG Inc.Hospitals and PhysiciansSeed$50.8M79%
Frequently asked
How much funding has International Spine & Orthopedic Institute Llc raised?
International Spine & Orthopedic Institute Llc has raised approximately $34.6M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is International Spine & Orthopedic Institute Llc's estimated valuation?
Provath's modeled valuation for International Spine & Orthopedic Institute Llc is approximately $61.6M (modeled range $8.0M–$222.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is International Spine & Orthopedic Institute Llc at?
International Spine & Orthopedic Institute Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Apr 11.
What does International Spine & Orthopedic Institute Llc do and where is it based?
International Spine & Orthopedic Institute Llc operates in the Hospitals and Physicians sector, based in Overland Park.
Explore related

See where International Spine & Orthopedic Institute 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 International Spine & Orthopedic Institute 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.