Companies · Other Health Care
ROCKVILLE · Other Health Care
Diligence memoA one-page analyst read on National Spine & Pain Centers Holdings, LLC — recommendation, valuation, rhythm, risks.→National Spine & Pain Centers Holdings, LLC looks over-valued 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 care sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
National Spine & Pain Centers Holdings, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
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.
National Spine & Pain Centers Holdings, LLC is one of 5377 Other Health Care companies tracked from ROCKVILLE. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and among the largest 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.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.
Round size and date are reported; the stage label is inferred from round size (latest is Series B — a $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
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.
Raised more than 89% of sector peers (real $). Modeled value above 95% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 78.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| KSMS Holdings, LLC | Series B | $40.0M | $885.1M | 2.36× |
| Infab HoldCo, Inc. | Series B | $36.5M | $807.5M | 2.16× |
| Aquity Holdings, Inc. | Series B | $36.0M | $797.6M | 2.13× |
| MHH Management Holdco, LLC | Series B | $35.1M | $777.6M | 2.08× |
| Earli Inc. | Series B | $40.0M | $757.1M | 2.02× |
| Encore Dermatology, Inc. | Series B | $89.6M | $729.9M | 1.95× |
| National Spine & Pain Centers Holdings, LLC this company | Series B | $32.0M | $708.9M | 1.89× |
| In Vitro Sciences, LLC | Series B | $31.5M | $697.9M | 1.86× |
| Lotus Parent, Inc. | Series B | $31.2M | $690.4M | 1.84× |
| Iron Oak Holdings LLC | Series B | $30.0M | $664.6M | 1.78× |
| Squid Ink, Inc. | Series B | $30.2M | $621.4M | 1.66× |
| Predict Innovation Investors, Llc | Series B | $27.9M | $617.4M | 1.65× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series B | $32.0M | 2019-03-29 | $177.8M | $708.9M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Sriram Venkataraman | — | 5 other | 2019-03 |
| BRIAN MARKISON | — | 2 other | 2019-03 |
| DAVID MCCABE | — | 2 other | 2019-03 |
| Mark Coleman | — | 2 other | 2019-03 |
| Thompson Dean | — | 2 other | 2019-03 |
| Derace Schaffer | — | 1 other | 2019-03 |
| Jerome Rhodes | — | 1 other | 2019-03 |
| AMY DILCHER | — | — | 2019-03 |
| DOUGLAS WISOR | — | — | 2019-03 |
| KATHERINE VAN DEN HEUVEL | — | — | 2019-03 |
| RYAN MORAN | — | — | 2019-03 |
National Spine & Pain Centers Holdings, 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.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| VA Pro 7 SNF Operations Holdings LLC | Other Health Care | Series B | $32.0M | $333.3M | same sector · same stage |
| Smile Source Holdings, L.P. | Other Health Care | Series B | $32.2M | $309.0M | same sector · same stage |
| QDP TopCo LLC | Other Health Care | Series B | $31.8M | $704.5M | same sector · same stage |
| Vyaire Holding Co | Other Health Care | Series B | $31.5M | $698.5M | same sector · same stage |
| Medical Solutions L.L.C. | Other Health Care | Series B | $32.5M | $720.0M | same sector · same stage |
| In Vitro Sciences, LLC | Other Health Care | Series B | $31.5M | $697.9M | same sector · same stage |
| World Heart Corp | Other Health Care | Series B | $32.6M | $560.5M | same sector · same stage |
| Avalign Technologies Holdings, Inc. | Other Health Care | Series B | $31.4M | $694.5M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Spine Holdings LLC | Other Health Care | Series B | $851.6M | 92% |
| Center for Spine Surgery, LLC | Other Health Care | Pre-Seed | $8.4M | 90% |
| N H Spine & Ortho, Inc. | Other Health Care | Pre-Seed | $22.5M | 90% |
| Spine & Rehab Investors, LLC | Other Health Care | Seed | $11.4M | 90% |
| American Pain Consortium Holdings, LLC | Other Health Care | Series C | $763.5M | 88% |
| Cardinal Spine, LLC | Other Health Care | Pre-Seed | $23.0M | 87% |
| Centinel Spine, LLC | Other Health Care | Series D+ | $34.3M | 86% |
| U.S. NeuroSurgical Holdings, Inc. | Other Health Care | Series A | $16.3M | 86% |
See where National Spine & Pain Centers Holdings, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at National Spine & Pain Centers Holdings, 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.