Companies · Medical Devices

North Dallas Surgical Center, LLC

DALLAS · Medical Devices · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on North Dallas Surgical Center, LLC — recommendation, valuation, rhythm, risks.
$2.9M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jun 25 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

North Dallas Surgical Center, LLC looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the medical devices 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 0.19× the median modeled value of Seed Medical Devices companies in 2025–2027 (8 peers) — value vs value, same stage and era.
Active
  • Last raise 12 mo ago; this sector typically re-raises about every 16 months.
  • Raising on or ahead of the sector's normal rhythm.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

North Dallas Surgical 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
15.9 yr record
Peak capital year was 2014 with $1.5M across 2 filings.
Market position
ahead of 60% of Medical Devices peers
Capital scale is ahead of 60% of Medical Devices peers; modeled value is above 14% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2014: $1.5M across 2 filings.
  • Largest single filing was $1.1M on 2010-08-09.
  • Filing rows sum to $3.7M, while canonical raised total is $2.9M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Medical Devices

North Dallas Surgical Center, LLC is one of 233 Medical Devices companies tracked from DALLAS. By capital raised it ranks mid-pack (ahead of 60% 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.

medical-devices

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$50MSeed · 2010-08-09 Raised $1.1M (real) Modeled valuation $32M (est)$1.1M$32MSeed2010Seed · 2014-07-01 Raised $792K (real) Modeled valuation $23M (est)$792K$23MSeed2014Seed · 2014-08-01 Raised $714K (real) Modeled valuation $21M (est)$714K$21MSeed2014Seed · 2018-07-01 Raised $1.0M (real) Modeled valuation $30M (est)$1.0M$30MSeed2018Seed · 2025-06-25 Raised $117K (real) Modeled valuation $340K (est)$117K$340KSeed2025+$792K+$714K+$1.0M+$117KCumulative $3.7M

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
Seed$1.1M · 2010
Seed extension$792K · 2014
Seed extension$714K · 2014
Seed extension$1.0M · 2018
Seed extension$117K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$340K
Base estimate est.
$95K
Conservative case
$694K
Upside case
$587K
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 medical devices sector profile. Directional, not a quoted figure.

Seed · modeled $32.0M · 2010-08-092010Seed · modeled $23.5M · 2014-07-01Seed · modeled $21.2M · 2014-08-01Seed · modeled $29.9M · 2018-07-01Seed · modeled $340K · 2025-06-252025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
36%
Survival probability
16% low · 56% high
1.59×/yr
Annual markup
2.09×/yr upside case
1.0 yr
Elapsed time used
1.0 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
45 mo
Avg between rounds
$196K/yr
Capital velocity
15.9 yr
On record since
2010
First round
5
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. 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) 1.1× above median
This company$2.9M
Sector median$2.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$117K
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$340K
Sector median$15.4M

Raised more than 60% of sector peers (real $). Modeled value above 14% 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 #8 of 8.

This companyCohort peer
$100K$1.0M$10.0M$1.0M$10.0MCapital raised (log)Rose Diagnostics Inc. · Seed Raised $3.3M · modeled $7.2M (est)Pace Surgical, Inc. · Seed Raised $4.9M · modeled $3.4M (est)MemorialCare Surgical Center at Saddleback, LLC · Seed Raised $3.9M · modeled $2.4M (est)Intu Diagnostics · Seed Raised $1.2M · modeled $2.2M (est)Persperion Diagnostics Inc. · Seed Raised $4.4M · modeled $1.4M (est)Origami Surgical Inc. · Seed Raised $6.8M · modeled $1.3M (est)Danbury Surgical Center Lp · Seed Raised $6.2M · modeled $690K (est)North Dallas Surgical Center, LLC (this company) Raised $2.9M · modeled $340K (est)North Dallas Surgical Center, LLC
CompanyStageRaised · realValue · estvs peer med.
Rose Diagnostics Inc.Seed$3.3M$7.2M4.09×
Pace Surgical, Inc.Seed$4.9M$3.4M1.95×
MemorialCare Surgical Center at Saddleback, LLCSeed$3.9M$2.4M1.36×
Intu DiagnosticsSeed$1.2M$2.2M1.22×
Persperion Diagnostics Inc.Seed$4.4M$1.4M0.78×
Origami Surgical Inc.Seed$6.8M$1.3M0.72×
Danbury Surgical Center LpSeed$6.2M$690K0.39×
North Dallas Surgical Center, LLC this companySeed$2.9M$340K0.19×
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.
Seed$1.1M2010-08-09$5.4M$32.0M85%
Seed$792K2014-07-01$4.0M$23.5M85%
Seed$714K2014-08-01$3.6M$21.2M85%
Seed$1.0M2018-07-01$5.0M$29.9M90%
Seed$117K2025-06-25$587K$340K90%
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. Seed$1.1M2010-08-09
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Seed$792K2014-07-01
    • Raised again after 47 mo — slower than the ~16 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
  3. Seed$714K2014-08-01
    • Came back fast: 1 mo vs the ~16 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
  4. Seed$1.0M2018-07-01
    • Raised again after 47 mo — slower than the ~16 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
  5. Seed$117K2025-06-25
    • Raised again after 84 mo — slower than the ~16 mo sector norm.
    • Round 8.6× smaller than the prior — bridge or down round.
Intelligence
2029 ~Q1
Modeled next raise · ~45mo cadence
$117K
Modeled next size est.range $117K$188K
0.1×
Last step-up
$196K/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 Mitchell22 other2018-07
Chip Zahn13 other2018-07
DeShon Woods13 other2025-06
Rick McWhorter13 other2018-07
Brandon Frazier10 other2025-06
Jeffrey Canose10 other2018-07
John Whiteley10 other2025-06
Rebecca Tucker9 other2025-06
Timothy Szott6 other2018-07
Krystal Mims4 other2014-07
Barclay Berdan3 other2014-07
Fraser Hay2 other2025-06
Claire Thibodeaux1 other2025-06
Josh Floren1 other2018-07
Stephen Hadzima1 other2018-07
Cathy C. Kowalski2010-08
John C. WIlson, Jr.2010-08
John H. Peloza, M.D.2010-08
Kenny C. Hancock2010-08
Kwame Ennin2025-06
Laura Massey2025-06
Nathan Gilbert2018-07
Nikola Zivaljevic2025-06
Registry & provenance

North Dallas Surgical 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
1499622
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
Surgical Caregivers of Fort Worth, LLCMedical DevicesSeed$4.1M$23.4Mnetwork5 shared operators · same sector · same stage
Texas Health Craig Ranch Surgery Center, LLCHealthtechSeed$2.9M$1.4Mnetwork11 shared operators · same stage
Texas Health Surgery Center Willow Park, LLCHealthtechSeed$3.3M$2.6Mnetwork7 shared operators · same stage
Ophthalmology Surgery Center of Dallas, LLCOther Health CareSeed$3.8M$828Knetwork9 shared operators · same stage
Wilson Creek Surgical Center, LLCMedical DevicesPre-Seed$819K$3.2Mnetwork6 shared operators · same sector
Greenville Surgery Center, LLCOther Health CareSeed$4.0M$520Knetwork6 shared operators · same stage
Texas Health Surgery Center Preston Plaza, LLCHealthtechSeed$5.9M$787Knetwork14 shared operators · same stage
Texas Health Surgery Center Chisolm Trail, LLCHealthtechSeed$1.3M$2.1Mnetwork5 shared operators · 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
North Dayton Surgical Services, LLCMedical DevicesPre-Seed$1.9M88%
Aultman North Surgical Partners, LLCMedical DevicesSeed$8.2M88%
Specialty Surgical Center, LLC/NJMedical DevicesPre-Seed$1.6M87%
Derry Surgical Center, LLCMedical DevicesPre-Seed$765K87%
Irving Specialists Surgical Center LLCMedical DevicesPre-Seed$27.6M87%
National Surgical Partners, LLCMedical DevicesSeries A$30.2M87%
Specialty Surgical Center, LLCHospitals and PhysiciansSeed$18.3M87%
Connecticut Surgical Center, LLCMedical DevicesPre-Seed$4.6M87%
Frequently asked
How much funding has North Dallas Surgical Center, LLC raised?
North Dallas Surgical Center, LLC has raised approximately $2.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is North Dallas Surgical Center, LLC's estimated valuation?
Provath's modeled valuation for North Dallas Surgical Center, LLC is approximately $340K (modeled range $95K–$694K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is North Dallas Surgical Center, LLC at?
North Dallas Surgical Center, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jun 25.
What does North Dallas Surgical Center, LLC do and where is it based?
North Dallas Surgical Center, LLC operates in the Medical Devices sector, based in DALLAS.
Explore related

See where North Dallas Surgical 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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