Companies · Healthtech

Medical Transcription Billing, Corp

SOMERSET · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Medical Transcription Billing, Corp — recommendation, valuation, rhythm, risks.
$3.3M
Total raised · real
3
Rounds
4.6×
Latest step-up
Top 53%
Sector rank · raised
Seed
Latest stage · inferred · Mon May 15 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Medical Transcription Billing, Corp 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 healthtech 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 1.13× the median modeled value of Seed Healthtech companies in 2016–2018 (148 peers) — value vs value, same stage and era.
  • Within the normal band (113% of peer median) for its niche.
Dormant
  • Last raise 9.1 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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 Healthtech

Medical Transcription Billing, Corp is one of 2138 Healthtech companies tracked from SOMERSET. By capital raised it ranks mid-pack (ahead of 48% of sector peers), and mid-pack 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
$25M–$100M
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017-05-15
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$25M$50M$75M$100MPre-Seed · 2015-09-02 Raised $500K (real) Modeled valuation $17M (est)$500K$17MPre-Seed2015Pre-Seed · 2016-07-13 Raised $500K (real) Modeled valuation $17M (est)$500K$17MPre-Seed2016Seed · 2017-05-15 Raised $2.3M (real) Modeled valuation $64M (est)$2.3M$64MSeed2017+$500K+$2.3MCumulative $3.3M

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$500K · 2015
Pre-Seed extension$500K · 2016
Seed$2.3M · 2017

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

Modeled valuation trajectory
$63.8M
Base estimate est.
$1.9M
Conservative case
$500.4M
Upside case
$11.5M
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 healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $17.2M · 2015-09-022015Pre-Seed · modeled $17.2M · 2016-07-13Seed · modeled $63.8M · 2017-05-152017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.57×/yr
Annual markup
2.05×/yr upside case
6.0 yr
Elapsed time used
9.1 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$1.9M/yr
Capital velocity
10.8 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 0.7× of median
This company$3.3M
Sector median$4.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.3M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.9× above median
This company$63.8M
Sector median$33.8M

Raised more than 48% of sector peers (real $). Modeled value above 67% 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 #67 of 148.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Carie Health, LLC · Seed Raised $4.0M · modeled $110.9M (est)Prepared Health, Inc. · Seed Raised $4.2M · modeled $110.9M (est)Hancock Medical, Inc. · Seed Raised $5.0M · modeled $109.4M (est)PGCS PC Tapestry Tallahassee Assisted Living & Memory Care LP · Seed Raised $3.9M · modeled $108.1M (est)Bedford Population Health, LLC · Seed Raised $3.9M · modeled $107.7M (est)True North Health Navigation LLC · Seed Raised $3.8M · modeled $104.3M (est)Fresenius Medical Care White Oak, LLC · Seed Raised $3.7M · modeled $103.1M (est)Fresenius Medical Care Secaucus, LLC · Seed Raised $3.7M · modeled $101.5M (est)AES Compassionate Care LLC · Seed Raised $3.5M · modeled $96.5M (est)Northwest Medical Isotopes, LLC · Seed Raised $5.0M · modeled $96.4M (est)Sopris Health, Inc. · Seed Raised $3.4M · modeled $95.4M (est)Fresenius Medical Care Perth Amboy, LLC · Seed Raised $3.4M · modeled $94.0M (est)Medical Transcription Billing, Corp (this company) Raised $3.3M · modeled $63.8M (est)Medical Transcription Billing, Corp
CompanyStageRaised · realValue · estvs peer med.
Carie Health, LLCSeed$4.0M$110.9M1.97×
Prepared Health, Inc.Seed$4.2M$110.9M1.97×
Hancock Medical, Inc.Seed$5.0M$109.4M1.94×
PGCS PC Tapestry Tallahassee Assisted Living & Memory Care LPSeed$3.9M$108.1M1.92×
Bedford Population Health, LLCSeed$3.9M$107.7M1.91×
True North Health Navigation LLCSeed$3.8M$104.3M1.85×
Fresenius Medical Care White Oak, LLCSeed$3.7M$103.1M1.83×
Fresenius Medical Care Secaucus, LLCSeed$3.7M$101.5M1.80×
AES Compassionate Care LLCSeed$3.5M$96.5M1.71×
Northwest Medical Isotopes, LLCSeed$5.0M$96.4M1.71×
Sopris Health, Inc.Seed$3.4M$95.4M1.70×
Fresenius Medical Care Perth Amboy, LLCSeed$3.4M$94.0M1.67×
Medical Transcription Billing, Corp this companySeed$3.3M$63.8M1.13×
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$500K2015-09-02$2.8M$17.2M90%
Pre-Seed$500K2016-07-13$2.8M$17.2M90%
Seed$2.3M2017-05-15$11.5M$63.8M90%
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$500K2015-09-02
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$500K2016-07-13
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Seed$2.3M2017-05-15
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 4.6× larger than the prior — scaling up.
    • Revenue band moved $5M–$25M → $25M–$100M.
    • 1 investor on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~10mo cadence
$6.9M
Modeled next size est.range $4.5M$11.0M
4.6×
Last step-up
$1.9M/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
John Daly4 other2017-05
Anne Busquet1 other2015-09
Bill Korn1 other2015-09
Howard L. Clark, Jr.1 other2015-09
Stephen Snyder1 other2015-09
Bill N. Korn2016-07
Cameron Munter2015-09
Cameron N. Munter2016-07
Howard Clark2017-05
John N. Daly2015-09
Mahmud Haq2015-09
Mahmud N. Haq2016-07
Norman N. Roth2016-07
Norman Roth2015-09
Shruti N. Patel2016-07
Shruti Patel2015-09
Stephen N. Snyder2016-07
Registry & provenance

Medical Transcription Billing, Corp 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
1582982
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
Fresenius Medical Care Desert, LLCHealthtechSeed$3.3M$91.3Msame sector · same stage
Oto Health Inc.HealthtechSeed$3.3M$36.8Msame sector · same stage
Fresenius Medical Care East Brunswick, LLCHealthtechSeed$3.3M$90.9Msame sector · same stage
Pattern Health Technologies, Inc.HealthtechSeed$3.3M$38.4Msame sector · same stage
Nview Health, Inc.HealthtechSeed$3.2M$49.9Msame sector · same stage
Fresenius Medical Care Marlton, LLCHealthtechSeed$3.2M$89.5Msame sector · same stage
ReThink Medical, Inc.HealthtechSeed$3.2M$89.4Msame sector · same stage
Oya Care LtdHealthtechSeed$3.4M$45.0Msame 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
Health Billing Systems, LLCHealthtechPre-Seed$16.5M88%
Medical Monitoring Holdings, LLCHealthtechSeries A$17.6M81%
Checkable Medical CorpHealthtechPre-Seed$12.2M81%
WELL Health Technologies Corp.HealthtechSeed$92.8M80%
Sonara Health, Inc.HealthtechSeries A$28.3M80%
Clarify Medical, Inc.HealthtechSeries C$776.1M80%
Medical Records Now, Inc.HealthtechPre-Seed$34.5M80%
Physicians' Medical Center, LLCHealthtechSeed$12.0M80%
Frequently asked
How much funding has Medical Transcription Billing, Corp raised?
Medical Transcription Billing, Corp has raised approximately $3.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Medical Transcription Billing, Corp's estimated valuation?
Provath's modeled valuation for Medical Transcription Billing, Corp is approximately $63.8M (modeled range $1.9M–$500.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Medical Transcription Billing, Corp at?
Medical Transcription Billing, Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon May 15.
What does Medical Transcription Billing, Corp do and where is it based?
Medical Transcription Billing, Corp operates in the Healthtech sector, based in SOMERSET.
Explore related

See where Medical Transcription Billing, Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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