Companies · Medical Devices

Seashore Surgical Institute, L.L.C.

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

Diligence memoA one-page analyst read on Seashore Surgical Institute, L.L.C. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
3
Rounds
4.4×
Latest step-up
Top 55%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Jun 27 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Seashore Surgical Institute, L.L.C. looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 3.55× the median modeled value of Pre-Seed Medical Devices companies in 2022–2024 (29 peers) — value vs value, same stage and era.
At-risk
  • Last raise 4.0 yr ago; this sector typically re-raises about every 16 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Seashore Surgical Institute, L.L.C. is one of 233 Medical Devices companies tracked from BRICK. By capital raised it ranks mid-pack (ahead of 46% of sector peers), and mid-pack 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$5.0M$10M$15M$20MPre-Seed · 2016-12-29 Raised $422K (real) Modeled valuation $16M (est)$422K$16MPre-Seed2016Pre-Seed · 2019-07-01 Raised $124K (real) Modeled valuation $4.6M (est)$124K$4.6MPre-Seed2019Pre-Seed · 2019-07-01 Raised $177K (real) Modeled valuation $6.5M (est)$177K$6.5MPre-Seed2019Pre-Seed · 2019-07-01 Raised $177K (real) Modeled valuation $6.5M (est)$177K$6.5MPre-Seed2019Pre-Seed · 2022-06-27 Raised $780K (real) Modeled valuation $10.0M (est)$780K$10.0MPre-Seed2022+$124K+$177K+$177K+$780KCumulative $1.7M

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
Pre-Seed$422K · 2016
Pre-Seed extension$124K · 2019
Pre-Seed extension$177K · 2019
Pre-Seed extension$177K · 2019
Pre-Seed extension$780K · 2022

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$10.0M
Base estimate est.
$468K
Conservative case
$61.8M
Upside case
$4.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the medical devices sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $15.5M · 2016-12-292016Pre-Seed · modeled $4.6M · 2019-07-01Pre-Seed · modeled $6.5M · 2019-07-01Pre-Seed · modeled $6.5M · 2019-07-01Pre-Seed · modeled $10.0M · 2022-06-272022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.71×/yr
Annual markup
2.31×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$251K/yr
Capital velocity
9.5 yr
On record since
2016
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) 0.5× of median
This company$1.4M
Sector median$2.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.6× above median
This company$780K
Sector median$296K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$10.0M
Sector median$15.4M

Raised more than 46% of sector peers (real $). Modeled value above 51% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #3 of 29.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Turbett Surgical, Inc. · Pre-Seed Raised $1.0M · modeled $15.6M (est)Owensboro Ambulatory Surgical Facility Ltd · Pre-Seed Raised $1.9M · modeled $10.8M (est)Hera Diagnostics Corp · Pre-Seed Raised $898K · modeled $9.3M (est)Hawkeye Surgical Lighting · Pre-Seed Raised $750K · modeled $8.2M (est)LIBERTAS Implant Solutions, LLC · Pre-Seed Raised $750K · modeled $5.2M (est)KMD Surgical Solutions, Inc. · Pre-Seed Raised $625K · modeled $3.8M (est)Navigate Surgical Technologies Inc. · Pre-Seed Raised $3.3M · modeled $3.8M (est)Covira Surgical, Inc. · Pre-Seed Raised $275K · modeled $3.5M (est)Remedy Diagnostics LLC · Pre-Seed Raised $345K · modeled $3.2M (est)Wavely Diagnostics, Inc. · Pre-Seed Raised $258K · modeled $3.2M (est)Wilson Creek Surgical Center, LLC · Pre-Seed Raised $819K · modeled $3.2M (est)Seashore Surgical Institute, L.L.C. (this company) Raised $1.4M · modeled $10.0M (est)Seashore Surgical Institute, L.L.C.
CompanyStageRaised · realValue · estvs peer med.
Turbett Surgical, Inc.Pre-Seed$1.0M$15.6M5.56×
Owensboro Ambulatory Surgical Facility LtdPre-Seed$1.9M$10.8M3.85×
Seashore Surgical Institute, L.L.C. this companyPre-Seed$1.4M$10.0M3.55×
Hera Diagnostics CorpPre-Seed$898K$9.3M3.30×
Hawkeye Surgical LightingPre-Seed$750K$8.2M2.93×
LIBERTAS Implant Solutions, LLCPre-Seed$750K$5.2M1.84×
KMD Surgical Solutions, Inc.Pre-Seed$625K$3.8M1.37×
Navigate Surgical Technologies Inc.Pre-Seed$3.3M$3.8M1.37×
Covira Surgical, Inc.Pre-Seed$275K$3.5M1.25×
Remedy Diagnostics LLCPre-Seed$345K$3.2M1.15×
Wavely Diagnostics, Inc.Pre-Seed$258K$3.2M1.13×
Wilson Creek Surgical Center, LLCPre-Seed$819K$3.2M1.13×
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.
Pre-Seed$422K2016-12-29$2.3M$15.5M90%
Pre-Seed$124K2019-07-01$689K$4.6M90%
Pre-Seed$177K2019-07-01$983K$6.5M90%
Pre-Seed$177K2019-07-01$983K$6.5M90%
Pre-Seed$780K2022-06-27$4.3M$10.0M90%
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. Pre-Seed$422K2016-12-29
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$124K2019-07-01
    • Raised again after 30 mo — slower than the ~16 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
  3. Pre-Seed$177K2019-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
  4. Pre-Seed$177K2019-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  5. Pre-Seed$780K2022-06-27
    • Raised again after 36 mo — slower than the ~16 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
Intelligence
2023 ~Q4
Modeled next raise · ~16mo cadence
$2.3M
Modeled next size est.range $1.5M$3.7M
4.4×
Last step-up
$251K/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
Jack Pocorobba5 other2019-07
Barry Graf4 other2019-07
Nancy Easley-Mack3 other2019-07
Jennifer Romond2 other2019-07
Howard Winter1 other2019-07
Bill Basri2019-07
Christopher Pomrink, M.D.2016-12
Christopher Pomrink, MD2022-06
Jennifer Winter, M.D.2016-12
Michael Pecoraro2016-12
Michael Pocorobba2016-12
Ralph Del Negro2016-12
William Basri2016-12
Registry & provenance

Seashore Surgical Institute, L.L.C. 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
1693749
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 Center Of South Jersey LpMedical DevicesPre-Seed$2.8M$1.7Mnetwork5 shared operators · same sector · same stage
Franklin Surgical Center, LLCMedical DevicesPre-Seed$1.0M$9.2Mnetwork1 shared operator · same sector · same stage
Main Line Spine Surgery Center, LLCOther Health CarePre-Seed$940K$3.1Mnetwork2 shared operators · same stage
Spinal Surgical Strategies, Inc.Medical DevicesPre-Seed$1.4M$23.4Msame sector · same stage
Augustine Surgical, Inc.Medical DevicesPre-Seed$1.5M$36.9Msame sector · same stage
UCSD Surgical Center of San Diego, LLCMedical DevicesPre-Seed$1.2M$1.9Msame sector · same stage
Glenwood Surgical Center LpMedical DevicesPre-Seed$1.2M$2.8Msame sector · same stage
Patient Care Associates, L.L.C.HealthtechSeed$1.7M$9.2Mnetwork2 shared operators
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
Bay State Surgical Services, LLCMedical DevicesPre-Seed$10.9M83%
Bayou Surgical, Inc.Medical DevicesSeries A$14.8M82%
First Coast Surgical Services LLCMedical DevicesPre-Seed$9.6M82%
IC Surgical, Inc.Medical DevicesPre-Seed$5.5M81%
Covenant Surgical Holdings L.P.Medical DevicesSeries B$425.9M81%
Surgical Center Of South Jersey LpMedical DevicesPre-Seed$1.7M81%
Surgical Suites of Coastal Virginia, LLCMedical DevicesSeed$56.6M81%
West Texas Surgical Services, LLCMedical DevicesPre-Seed$12.0M81%
Frequently asked
How much funding has Seashore Surgical Institute, L.L.C. raised?
Seashore Surgical Institute, L.L.C. has raised approximately $1.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Seashore Surgical Institute, L.L.C.'s estimated valuation?
Provath's modeled valuation for Seashore Surgical Institute, L.L.C. is approximately $10.0M (modeled range $468K–$61.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Seashore Surgical Institute, L.L.C. at?
Seashore Surgical Institute, L.L.C.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Jun 27.
What does Seashore Surgical Institute, L.L.C. do and where is it based?
Seashore Surgical Institute, L.L.C. operates in the Medical Devices sector, based in BRICK.
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