Companies · Other Health Care

Legacy Trail Surgery Center, LLC

Plano · Other Health Care

Diligence memoA one-page analyst read on Legacy Trail Surgery Center, LLC — recommendation, valuation, rhythm, risks.
$8.5M
Total raised · real
10
Rounds
0.8×
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Fri May 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Legacy Trail Surgery Center, LLC looks under-valued 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 care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.29× the median modeled value of Seed Other Health Care companies in 2022–2024 (244 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.1 yr ago; this sector typically re-raises about every 14 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

Legacy Trail Surgery 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
8.6 yr record
Peak capital year was 2022 with $3.1M across 2 filings.
Market position
ahead of 73% of Other Health Care peers
Capital scale is ahead of 73% of Other Health Care peers; modeled value is above 16% 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 2022: $3.1M across 2 filings.
  • Largest single filing was $1.6M on 2022-03-31.
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 Other Health Care

Legacy Trail Surgery Center, LLC is one of 5377 Other Health Care companies tracked from Plano. By capital raised it ranks in the upper tier (ahead of 73% 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
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$50MPre-Seed · 2017-11-28 Raised $648K (real) Modeled valuation $20M (est)Pre-Seed2017Pre-Seed · 2018-07-01 Raised $675K (real) Modeled valuation $21M (est)Pre-Seed2018Pre-Seed · 2019-07-01 Raised $554K (real) Modeled valuation $17M (est)Pre-Seed2019Pre-Seed · 2020-07-01 Raised $446K (real) Modeled valuation $14M (est)Pre-Seed2020Pre-Seed · 2020-07-20 Raised $284K (real) Modeled valuation $8.5M (est)Pre-Seed2020Pre-Seed · 2021-05-17 Raised $994K (real) Modeled valuation $20M (est)Pre-Seed2021Seed · 2022-03-31 Raised $1.6M (real) Modeled valuation $19M (est)Seed2022Seed · 2022-08-15 Raised $1.5M (real) Modeled valuation $15M (est)Seed2022Seed · 2023-04-13 Raised $997K (real) Modeled valuation $7.5M (est)Seed2023Seed · 2024-05-31 Raised $768K (real) Modeled valuation $3.5M (est)Seed2024+$675K+$554K+$446K+$284K+$994K+$1.6M+$1.5M+$997K+$768KCumulative $8.5M

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
Pre-Seed$648K · 2017
Pre-Seed extension$675K · 2018
Pre-Seed extension$554K · 2019
Pre-Seed extension$446K · 2020
Pre-Seed extension$284K · 2020
Pre-Seed extension$994K · 2021
Seed$1.6M · 2022
Seed extension$1.5M · 2022
Seed extension$997K · 2023
Seed extension$768K · 2024

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

Modeled valuation trajectory
$3.5M
Base estimate est.
$650K
Conservative case
$9.6M
Upside case
$3.8M
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 care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $20.0M · 2017-11-282017Pre-Seed · modeled $20.8M · 2018-07-01Pre-Seed · modeled $17.1M · 2019-07-01Pre-Seed · modeled $13.7M · 2020-07-01Pre-Seed · modeled $8.5M · 2020-07-20Pre-Seed · modeled $19.8M · 2021-05-17Seed · modeled $18.8M · 2022-03-31Seed · modeled $15.3M · 2022-08-15Seed · modeled $7.5M · 2023-04-13Seed · modeled $3.5M · 2024-05-312024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.54×/yr
Annual markup
2.01×/yr upside case
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$1.3M/yr
Capital velocity
8.6 yr
On record since
2017
First round
10
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 3.5× above median
This company$8.5M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$768K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$3.5M
Sector median$22.1M

Raised more than 73% of sector peers (real $). Modeled value above 16% 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 #216 of 244.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Elmntri LLC · Seed Raised $4.0M · modeled $46.1M (est)Atreo, Inc. · Seed Raised $3.8M · modeled $42.1M (est)descendantsDNA, Inc. · Seed Raised $3.4M · modeled $40.8M (est)Westover Project Investor LLC · Seed Raised $4.0M · modeled $40.0M (est)Dentulu Inc · Seed Raised $6.4M · modeled $37.7M (est)Emmacare.com LLC · Seed Raised $3.0M · modeled $37.2M (est)IR-Med, Inc. · Seed Raised $5.4M · modeled $37.0M (est)SDH Parent 2 LLC · Seed Raised $3.0M · modeled $36.7M (est)TecTraum, Inc. · Seed Raised $7.8M · modeled $36.7M (est)DBN BCS II Investments, LLC · Seed Raised $3.0M · modeled $34.0M (est)USRC Baldwin Hills, LLC · Seed Raised $2.8M · modeled $34.0M (est)Flex Operating Room, Inc. · Seed Raised $6.2M · modeled $31.9M (est)Legacy Trail Surgery Center, LLC (this company) Raised $8.5M · modeled $3.5M (est)Legacy Trail Surgery Center, LLC
CompanyStageRaised · realValue · estvs peer med.
Elmntri LLCSeed$4.0M$46.1M3.83×
Atreo, Inc.Seed$3.8M$42.1M3.50×
descendantsDNA, Inc.Seed$3.4M$40.8M3.40×
Westover Project Investor LLCSeed$4.0M$40.0M3.33×
Dentulu IncSeed$6.4M$37.7M3.13×
Emmacare.com LLCSeed$3.0M$37.2M3.10×
IR-Med, Inc.Seed$5.4M$37.0M3.08×
SDH Parent 2 LLCSeed$3.0M$36.7M3.05×
TecTraum, Inc.Seed$7.8M$36.7M3.05×
DBN BCS II Investments, LLCSeed$3.0M$34.0M2.83×
USRC Baldwin Hills, LLCSeed$2.8M$34.0M2.82×
Flex Operating Room, Inc.Seed$6.2M$31.9M2.65×
Legacy Trail Surgery Center, LLC this companySeed$8.5M$3.5M0.29×
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$648K2017-11-28$3.6M$20.0M90%
Pre-Seed$675K2018-07-01$3.8M$20.8M90%
Pre-Seed$554K2019-07-01$3.1M$17.1M90%
Pre-Seed$446K2020-07-01$2.5M$13.7M90%
Pre-Seed$284K2020-07-20$1.6M$8.5M90%
Pre-Seed$994K2021-05-17$5.5M$19.8M90%
Seed$1.6M2022-03-31$8.0M$18.8M90%
Seed$1.5M2022-08-15$7.7M$15.3M90%
Seed$997K2023-04-13$5.0M$7.5M90%
Seed$768K2024-05-31$3.8M$3.5M90%
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$648K2017-11-28
    • First recorded raise — entered as Pre-Seed.
    • 9 investors on this round.
  2. Pre-Seed$675K2018-07-01
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  3. Pre-Seed$554K2019-07-01
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  4. Pre-Seed$446K2020-07-01
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  5. Pre-Seed$284K2020-07-20
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
  6. Pre-Seed$994K2021-05-17
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
  7. Seed$1.6M2022-03-31
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
  8. Seed$1.5M2022-08-15
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  9. Seed$997K2023-04-13
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  10. Seed$768K2024-05-31
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2025 ~Q1
Modeled next raise · ~9mo cadence
$768K
Modeled next size est.range $768K$1.2M
0.8×
Last step-up
$1.3M/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
Pete Perialas1 other2020-07
Robert Wyatt1 other2020-07
Chad Gilliland2018-07
Cyrus Abbaschian2020-07
Cyrus Abbaschian, M.D.2020-07
Dane Peterson2024-05
Dustin Loveland, M.D.2022-03
Jeremiah Radandt2020-07
Kris Sanders2023-04
Lindsay Tyra2020-07
Lindsey Tyra2021-05
Michael Wiggins2017-11
Richard Ha2020-07
Richard Ha, M.D.2020-07
Robert Wyatt, M.D.2020-07
Tyler Krohn2020-07
Vanessa Walls2020-07
Registry & provenance

Legacy Trail Surgery 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
1724688
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
MetaModix, Inc.Other Health CareSeed$7.6M$4.2Msame sector · same stage
North Campus Office Associates, L.P.Other Health CareSeed$12.0M$3.6Msame sector · same stage
3Aware, Inc.Other Health CareSeed$5.8M$3.4Msame sector · same stage
Vesiflo, Inc.Other Health CareSeed$5.4M$3.1Msame sector · same stage
Baton Rouge Urological Services, LlcOther Health CareSeed$5.4M$3.2Msame sector · same stage
Dynocardia, Inc.Other Health CareSeed$5.2M$4.1Msame sector · same stage
Rediscovery Life Sciences AKI LLCOther Health CareSeed$5.0M$3.4Msame sector · same stage
Perimeter Center For Outpatient Surgery LpOther Health CareSeed$5.0M$3.8Msame 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
Trails Edge Surgery Center, LLCOther Health CarePre-Seed$1.7M90%
Ten Mile Surgery Center, LLCOther Health CareSeed$1.1M85%
Specialized Surgery Management LLCOther Health CareSeed$42.8M83%
Project Legacy, Inc.Other Health CareSeed$45.2M83%
Northern Rockies Surgery Center, L.P.Other Health CarePre-Seed$6.7M83%
Hoffman Estates Surgery Center, LLCProptech / Real EstateSeed$8.4M83%
Lexington Surgery Center, Ltd.Other Health CarePre-Seed$1.5M82%
Westside Surgery Center, LLCOther Health CarePre-Seed$6.0M82%
Frequently asked
How much funding has Legacy Trail Surgery Center, LLC raised?
Legacy Trail Surgery Center, LLC has raised approximately $8.5M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Legacy Trail Surgery Center, LLC's estimated valuation?
Provath's modeled valuation for Legacy Trail Surgery Center, LLC is approximately $3.5M (modeled range $650K–$9.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Legacy Trail Surgery Center, LLC at?
Legacy Trail Surgery Center, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri May 31.
What does Legacy Trail Surgery Center, LLC do and where is it based?
Legacy Trail Surgery Center, LLC operates in the Other Health Care sector, based in Plano.
Explore related

See where Legacy Trail Surgery 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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