Diligence memo · auto-generated · as of July 3, 2026
North Campus Office Associates, L.P.
North Campus Office Associates, L.P. looks fair against its niche peers and is active on financing cadence.
Businessfiled
North Campus Office Associates, L.P. operates in Other Health Care, based in INDIANAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
North Campus Office Associates, L.P. has raised $12M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2021-12-01.
Most recent recorded round closed around 2025-09-15.
Valuation (modeled)modeled
Provath models North Campus Office Associates, L.P. at approximately $3.6M (range $1.2M–$6.9M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.85× the median modeled value of Seed Other Health Care companies in 2025–2027 (105 peers) — value vs value, same stage and era. Within the normal band (85% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 27 months.
Last raise 10 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 7.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 78% of Other Health Care peers (5377 compared).
Modeled value ranks above 16% of those peers.
Closest niche peers: Xymogen, Inc., Willow Life Sciences, Inc., ManyClicks, Inc., Sterile State, Inc., Limber Prosthetics, Inc..
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.