Companies · Other Health Care

North River Capstone, LLC

BIRMINGHAM · Other Health Care

Diligence memoA one-page analyst read on North River Capstone, LLC — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
1
Rounds
Latest step-up
Top 46%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jan 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

North River Capstone, 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.

Over-valued
  • Modeled value is 1.70× the median modeled value of Seed Other Health Care companies in 2019–2021 (211 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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 River Capstone, 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
5.5 yr record
Peak capital year was 2021 with $3.0M across 1 filings.
Market position
ahead of 55% of Other Health Care peers
Capital scale is ahead of 55% of Other Health Care peers; modeled value is above 70% 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 2021: $3.0M across 1 filings.
  • Largest single filing was $3.0M on 2021-01-04.
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.
Where it sits in Other Health Care

North River Capstone, LLC is one of 5376 Other Health Care companies tracked from BIRMINGHAM. By capital raised it ranks mid-pack (ahead of 55% of sector peers), and in the upper tier 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
15
Investors (latest)
2020
Year incorporated
2021-01-04
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$100MSeed · 2021-01-04 Raised $3.0M (real) Modeled valuation $61M (est)$3.0M$61MSeed2021

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$3.0M · 2021

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
$60.6M
Base estimate est.
$2.6M
Conservative case
$414.1M
Upside case
$15.3M
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 health care sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.54×/yr
Annual markup
2.01×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.5 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 5376 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) 1.3× above median
This company$3.0M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.8× above median
This company$3.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.7× above median
This company$60.6M
Sector median$22.1M

Raised more than 55% of sector peers (real $). Modeled value above 70% 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 #36 of 211.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Crossroads at Delta Memory · Seed Raised $4.3M · modeled $99.1M (est)Noninvasix, Inc. · Seed Raised $4.0M · modeled $97.9M (est)CPIV Haven Holdings, LLC · Seed Raised $3.8M · modeled $92.9M (est)Cane Ip Key Holdings, Llc · Seed Raised $3.5M · modeled $87.4M (est)Hospi Corp · Seed Raised $7.0M · modeled $86.6M (est)Functional Fluidics Inc. · Seed Raised $3.6M · modeled $84.1M (est)Starling Solutions Inc. · Seed Raised $3.8M · modeled $82.1M (est)CairnSurgical, Inc. · Seed Raised $3.3M · modeled $81.5M (est)DxLab Inc. · Seed Raised $4.0M · modeled $81.4M (est)Freedom Center of Beacon, LLC · Seed Raised $3.2M · modeled $80.5M (est)GenomOncology, LLC · Seed Raised $5.8M · modeled $79.3M (est)Kingwood Surgicenter, LLC · Seed Raised $3.0M · modeled $74.7M (est)North River Capstone, LLC (this company) Raised $3.0M · modeled $60.6M (est)North River Capstone, LLC
CompanyStageRaised · realValue · estvs peer med.
Crossroads at Delta MemorySeed$4.3M$99.1M2.77×
Noninvasix, Inc.Seed$4.0M$97.9M2.74×
CPIV Haven Holdings, LLCSeed$3.8M$92.9M2.60×
Cane Ip Key Holdings, LlcSeed$3.5M$87.4M2.44×
Hospi CorpSeed$7.0M$86.6M2.42×
Functional Fluidics Inc.Seed$3.6M$84.1M2.35×
Starling Solutions Inc.Seed$3.8M$82.1M2.30×
CairnSurgical, Inc.Seed$3.3M$81.5M2.28×
DxLab Inc.Seed$4.0M$81.4M2.28×
Freedom Center of Beacon, LLCSeed$3.2M$80.5M2.25×
GenomOncology, LLCSeed$5.8M$79.3M2.22×
Kingwood Surgicenter, LLCSeed$3.0M$74.7M2.09×
North River Capstone, LLC this companySeed$3.0M$60.6M1.70×
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$3.0M2021-01-04$15.3M$60.6M90%
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$3.0M2021-01-04
    • First recorded raise — entered as Seed.
    • 15 investors on this round.
Intelligence
Modeled next raise
$4.9M
Modeled next size est.range $3.2M$7.8M
Last step-up
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.

Registry & provenance

North River Capstone, 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
1835492
SEC CIK
2020
Incorporated
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
12573849 Canada Inc.Other Health CareSeed$3.1M$61.1Msame sector · same stage
Medipacs, IncOther Health CareSeed$3.0M$50.5Msame sector · same stage
Pinpoint Testing, LLCOther Health CareSeed$3.1M$57.7Msame sector · same stage
InPronto, INCOther Health CareSeed$3.1M$62.8Msame sector · same stage
S&K Holdings, Inc.Other Health CareSeed$3.1M$47.0Msame sector · same stage
A-Life Medical, Inc.Other Health CareSeed$3.0M$74.4Msame sector · same stage
Almadula, LLCOther Health CareSeed$3.0M$74.4Msame sector · same stage
Atlantis Senior Living 10, LLCOther Health CareSeed$3.0M$74.4Msame 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
North Campus Office Associates, L.P.Other Health CareSeed$3.6M81%
North Texas Renal Management, LLCOther Health CareSeed$6.6M81%
Ndal Mfg, Inc.Other Health CareSeed$20.2M81%
River Valley ASC, LLCOther Health CarePre-Seed$489K81%
Medscient LLCOther Health CareSeries A$201.8M81%
Nocira, LlcOther Health CareSeed$96.7M81%
North Texas Renal Management VI, LLCOther Health CarePre-Seed$15.1M81%
Nava Management, LLCOther Health CareSeed$46.0M81%
Frequently asked
How much funding has North River Capstone, LLC raised?
North River Capstone, LLC has raised approximately $3.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is North River Capstone, LLC's estimated valuation?
Provath's modeled valuation for North River Capstone, LLC is approximately $60.6M (modeled range $2.6M–$414.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is North River Capstone, LLC at?
North River Capstone, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jan 04.
What does North River Capstone, LLC do and where is it based?
North River Capstone, LLC operates in the Other Health Care sector, based in BIRMINGHAM.
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