Companies · Other Health Care

Massachusetts Avenue Surgery Center, LLC

BETHESDA · Other Health Care

Diligence memoA one-page analyst read on Massachusetts Avenue Surgery Center, LLC — recommendation, valuation, rhythm, risks.
$805K
Total raised · real
4
Rounds
1.0×
Latest step-up
Top 72%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Apr 19 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Massachusetts Avenue 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 0.22× the median modeled value of Pre-Seed Other Health Care companies in 2022–2024 (288 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.2 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

Massachusetts Avenue 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
7.0 yr record
Peak capital year was 2019 with $440K across 1 filings.
Market position
ahead of 29% of Other Health Care peers
Capital scale is ahead of 29% of Other Health Care peers; modeled value is above 3% 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 2019: $440K across 1 filings.
  • Largest single filing was $440K on 2019-07-01.
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

Massachusetts Avenue Surgery Center, LLC is one of 5377 Other Health Care companies tracked from BETHESDA. By capital raised it ranks in the long tail (ahead of 29% 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$5.0M$10M$15M$20MPre-Seed · 2019-07-01 Raised $440K (real) Modeled valuation $14M (est)$440K$14MPre-Seed2019Pre-Seed · 2021-11-22 Raised $120K (real) Modeled valuation $1.9M (est)$120K$1.9MPre-Seed2021Pre-Seed · 2023-07-27 Raised $122K (real) Modeled valuation $821K (est)$122K$821KPre-Seed2023Pre-Seed · 2024-04-19 Raised $122K (real) Modeled valuation $571K (est)$122K$571KPre-Seed2024+$120K+$122K+$122KCumulative $805K

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$440K · 2019
Pre-Seed extension$120K · 2021
Pre-Seed extension$122K · 2023
Pre-Seed extension$122K · 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
$571K
Base estimate est.
$77K
Conservative case
$2.0M
Upside case
$679K
Modeled post-money

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

Pre-Seed · modeled $13.6M · 2019-07-012019Pre-Seed · modeled $1.9M · 2021-11-22Pre-Seed · modeled $821K · 2023-07-27Pre-Seed · modeled $571K · 2024-04-192024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.64×/yr
Annual markup
2.23×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$168K/yr
Capital velocity
7.0 yr
On record since
2019
First round
4
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) 0.3× of median
This company$805K
Sector median$2.4M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$122K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$571K
Sector median$22.1M

Raised more than 29% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #257 of 288.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Active Recovery TMS, LLC · Pre-Seed Raised $1.0M · modeled $14.1M (est)Imagen Walled Lake Support Services, LLC · Pre-Seed Raised $977K · modeled $12.9M (est)Pinnacle Integrated Medicine, Inc. · Pre-Seed Raised $2.3M · modeled $12.3M (est)Choix, Inc. · Pre-Seed Raised $1000K · modeled $12.2M (est)DataBiologics, Inc. · Pre-Seed Raised $815K · modeled $11.2M (est)DIAGGO, Inc. · Pre-Seed Raised $1.0M · modeled $11.1M (est)American Nitrile Intermediate Holdings, LLC · Pre-Seed Raised $1.8M · modeled $10.4M (est)2636696 Ontario Inc. · Pre-Seed Raised $1.3M · modeled $9.9M (est)Exo-Toe, Llc · Pre-Seed Raised $1.2M · modeled $9.6M (est)RoddyMedical Holdings, Inc. · Pre-Seed Raised $915K · modeled $9.6M (est)Phoeb-X, Inc. · Pre-Seed Raised $912K · modeled $9.5M (est)NeuroGlove, LLC · Pre-Seed Raised $1.0M · modeled $9.1M (est)Massachusetts Avenue Surgery Center, LLC (this company) Raised $805K · modeled $571K (est)Massachusetts Avenue Surgery Center, LLC
CompanyStageRaised · realValue · estvs peer med.
Active Recovery TMS, LLCPre-Seed$1.0M$14.1M5.51×
Imagen Walled Lake Support Services, LLCPre-Seed$977K$12.9M5.05×
Pinnacle Integrated Medicine, Inc.Pre-Seed$2.3M$12.3M4.81×
Choix, Inc.Pre-Seed$1000K$12.2M4.78×
DataBiologics, Inc.Pre-Seed$815K$11.2M4.37×
DIAGGO, Inc.Pre-Seed$1.0M$11.1M4.35×
American Nitrile Intermediate Holdings, LLCPre-Seed$1.8M$10.4M4.07×
2636696 Ontario Inc.Pre-Seed$1.3M$9.9M3.87×
Exo-Toe, LlcPre-Seed$1.2M$9.6M3.77×
RoddyMedical Holdings, Inc.Pre-Seed$915K$9.6M3.76×
Phoeb-X, Inc.Pre-Seed$912K$9.5M3.71×
NeuroGlove, LLCPre-Seed$1.0M$9.1M3.56×
Massachusetts Avenue Surgery Center, LLC this companyPre-Seed$805K$571K0.22×
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$440K2019-07-01$2.4M$13.6M90%
Pre-Seed$120K2021-11-22$669K$1.9M90%
Pre-Seed$122K2023-07-27$679K$821K90%
Pre-Seed$122K2024-04-19$679K$571K90%
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$440K2019-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$120K2021-11-22
    • Raised again after 29 mo — slower than the ~14 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
  3. Pre-Seed$122K2023-07-27
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  4. Pre-Seed$122K2024-04-19
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2025 ~Q4
Modeled next raise · ~19mo cadence
$122K
Modeled next size est.range $122K$195K
1.0×
Last step-up
$168K/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
Michael Harward6 other2019-07
David Festi2 other2021-11
Kris Lowther2 other2024-04
Kristine Lowther1 other2019-07
Spencer Webb1 other2019-07
John Losee2019-07
Joseph Shrout2021-11
Joseph Shrout, MD2023-07
Joshua Wind2021-11
Joshua Wind, MD2023-07
Marc Danzinger2019-07
Registry & provenance

Massachusetts Avenue 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
1797720
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
Anne Arundel-SCA Surgicenter, LLCOther Health CarePre-Seed$999K$1.8Mnetwork2 shared operators · same sector · same stage
Rockville Eye Surgery Center, LLCOther Health CareSeed$3.3M$2.5Mnetwork2 shared operators · same sector
Advanced Surgical Hospital, LLCHospitals and PhysiciansPre-Seed$1.2M$3.1Mnetwork2 shared operators · same stage
Somerset Outpatient Surgery, L.L.C.Other Health CarePre-Seed$3.0M$1.5Mnetwork1 shared operator · same sector · same stage
General Prognostics, Inc.Other Health CarePre-Seed$810K$850Ksame sector · same stage
Pollie, Inc.Other Health CarePre-Seed$815K$907Ksame sector · same stage
North Texas Renal Management XI, LLCOther Health CarePre-Seed$771K$1.2Msame sector · same stage
OneCare, LLCOther Health CarePre-Seed$850K$1.3Msame 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
Lorain Amherst Surgery Center, LLCOther Health CareSeed$21.5M85%
Hoffman Estates Surgery Center, LLCProptech / Real EstateSeed$8.4M85%
Massachusetts Administrative Service Unit, LLCOther Health CarePre-Seed$2.8M85%
Lexington Surgery Center, Ltd.Other Health CarePre-Seed$1.5M84%
Surgery Center of Easton, L.P.Other Health CarePre-Seed$3.5M84%
Spartanburg Surgery Center, LLCOther Health CareSeed$9.8M83%
Hancock Regional Surgery Center, LLCOther Health CarePre-Seed$7.0M83%
Arlington Surgery Center, LLCOther Health CarePre-Seed$479K83%
Frequently asked
How much funding has Massachusetts Avenue Surgery Center, LLC raised?
Massachusetts Avenue Surgery Center, LLC has raised approximately $805K in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Massachusetts Avenue Surgery Center, LLC's estimated valuation?
Provath's modeled valuation for Massachusetts Avenue Surgery Center, LLC is approximately $571K (modeled range $77K–$2.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Massachusetts Avenue Surgery Center, LLC at?
Massachusetts Avenue Surgery Center, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Apr 19.
What does Massachusetts Avenue Surgery Center, LLC do and where is it based?
Massachusetts Avenue Surgery Center, LLC operates in the Other Health Care sector, based in BETHESDA.
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