Companies · Other Health Care

Pan-Am Acquisition, LLC

ATLANTA · Other Health Care

Diligence memoA one-page analyst read on Pan-Am Acquisition, LLC — recommendation, valuation, rhythm, risks.
$5.5M
Total raised · real
2
Rounds
0.9×
Latest step-up
Top 35%
Sector rank · raised
Seed
Latest stage · inferred · Fri Dec 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Pan-Am Acquisition, LLC looks fair against its niche peers and is quiet 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.

Fair
  • Modeled value is 0.77× the median modeled value of Seed Other Health Care companies in 2022–2024 (244 peers) — value vs value, same stage and era.
  • Within the normal band (77% of peer median) for its niche.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.

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

Issuer-vehicle patternmedium confidence

Pan-Am Acquisition, 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
2.4 yr record
Peak capital year was 2024 with $5.5M across 2 filings.
Market position
ahead of 66% of Other Health Care peers
Capital scale is ahead of 66% of Other Health Care peers; modeled value is above 33% 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 2024: $5.5M across 2 filings.
  • Largest single filing was $2.9M on 2024-01-22.
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.
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 Other Health Care

Pan-Am Acquisition, LLC is one of 5376 Other Health Care companies tracked from ATLANTA. By capital raised it ranks mid-pack (ahead of 66% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2
Investors (latest)
2024-12-20
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$5.0M$10M$15M$20MSeed · 2024-01-22 Raised $2.9M (real) Modeled valuation $16M (est)$2.9M$16MSeed2024Seed · 2024-12-20 Raised $2.6M (real) Modeled valuation $9.3M (est)$2.6M$9.3MSeed2024+$2.6MCumulative $5.5M

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$2.9M · 2024
Seed extension$2.6M · 2024

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
$9.3M
Base estimate est.
$2.2M
Conservative case
$21.8M
Upside case
$12.8M
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.

Seed · modeled $15.8M · 2024-01-222024Seed · modeled $9.3M · 2024-12-202024
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
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$6.0M/yr
Capital velocity
2.4 yr
On record since
2024
First round
2
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) 2.3× above median
This company$5.5M
Sector median$2.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.5× above median
This company$2.6M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$9.3M
Sector median$22.1M

Raised more than 66% of sector peers (real $). Modeled value above 33% 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 #153 of 244.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Elmntri LLC · Seed Raised $4.0M · modeled $46.1M (est)Atreo, Inc. · Seed Raised $3.8M · modeled $42.1M (est)descendantsDNA, Inc. · Seed Raised $3.4M · modeled $40.8M (est)Westover Project Investor LLC · Seed Raised $4.0M · modeled $39.9M (est)Dentulu Inc · Seed Raised $6.4M · modeled $37.6M (est)Emmacare.com LLC · Seed Raised $3.0M · modeled $37.2M (est)IR-Med, Inc. · Seed Raised $5.4M · modeled $36.9M (est)SDH Parent 2 LLC · Seed Raised $3.0M · modeled $36.7M (est)TecTraum, Inc. · Seed Raised $7.8M · modeled $36.6M (est)DBN BCS II Investments, LLC · Seed Raised $3.0M · modeled $34.0M (est)USRC Baldwin Hills, LLC · Seed Raised $2.8M · modeled $33.9M (est)Flex Operating Room, Inc. · Seed Raised $6.2M · modeled $31.8M (est)Pan-Am Acquisition, LLC (this company) Raised $5.5M · modeled $9.3M (est)Pan-Am Acquisition, LLC
CompanyStageRaised · realValue · estvs peer med.
Elmntri LLCSeed$4.0M$46.1M3.83×
Atreo, Inc.Seed$3.8M$42.1M3.50×
descendantsDNA, Inc.Seed$3.4M$40.8M3.40×
Westover Project Investor LLCSeed$4.0M$39.9M3.33×
Dentulu IncSeed$6.4M$37.6M3.13×
Emmacare.com LLCSeed$3.0M$37.2M3.10×
IR-Med, Inc.Seed$5.4M$36.9M3.08×
SDH Parent 2 LLCSeed$3.0M$36.7M3.05×
TecTraum, Inc.Seed$7.8M$36.6M3.05×
DBN BCS II Investments, LLCSeed$3.0M$34.0M2.83×
USRC Baldwin Hills, LLCSeed$2.8M$33.9M2.82×
Flex Operating Room, Inc.Seed$6.2M$31.8M2.65×
Pan-Am Acquisition, LLC this companySeed$5.5M$9.3M0.77×
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$2.9M2024-01-22$14.7M$15.8M90%
Seed$2.6M2024-12-20$12.8M$9.3M90%
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$2.9M2024-01-22
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Seed$2.6M2024-12-20
    • Raised 11 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~11mo cadence
$2.6M
Modeled next size est.range $2.6M$4.1M
0.9×
Last step-up
$6.0M/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
Geoffrey Faux3 other2024-01
Ana Winters2024-01
Brett Parr2024-01
Registry & provenance

Pan-Am Acquisition, 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
2010634
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
ushealthrecord, inc.Other Health CareSeed$5.5M$7.6Msame sector · same stage
Kindbridge CorpOther Health CareSeed$5.4M$9.9Msame sector · same stage
InClinica, Inc.Other Health CareSeed$5.7M$9.3Msame sector · same stage
TechniScan, Inc.Other Health CareSeed$5.3M$9.6Msame sector · same stage
Wavegate CorpOther Health CareSeed$5.2M$9.3Msame sector · same stage
Chesson Laboratory Associates IncOther Health CareSeed$5.2M$9.4Msame sector · same stage
Better Pt Inc.Other Health CareSeed$5.0M$10.5Msame sector · same stage
Cardia, Inc.Other Health CareSeed$6.2M$9.0Msame 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
Pan-Am Dental Holdings, LLCHealthtechSeries B$101.4M89%
EmpowerMe Holdings, LLCOther Health CareSeries C$1.3B84%
TW-NHME Holdings Corp.Other Health CareSeries C$171.5M84%
GHR Acquisition, LLCOther Health CareSeries B$123.9M84%
Helomics Holding CorpOther Health CareSeed$74.4M83%
Vantage Holdings, Inc.Other Health CareSeries D+$3.2B83%
Mitesco, Inc.Other Health CareSeries A$394K83%
AMM Health Holdings, LLCHealthtechSeries A$187.0M83%
Frequently asked
How much funding has Pan-Am Acquisition, LLC raised?
Pan-Am Acquisition, LLC has raised approximately $5.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Pan-Am Acquisition, LLC's estimated valuation?
Provath's modeled valuation for Pan-Am Acquisition, LLC is approximately $9.3M (modeled range $2.2M–$21.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pan-Am Acquisition, LLC at?
Pan-Am Acquisition, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Dec 20.
What does Pan-Am Acquisition, LLC do and where is it based?
Pan-Am Acquisition, LLC operates in the Other Health Care sector, based in ATLANTA.
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