Diligence memo · auto-generated · as of July 2, 2026
SteadMed Medical, LLC
SteadMed Medical, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
SteadMed Medical, LLC operates in Pharmaceuticals, based in FORT WORTH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
SteadMed Medical, LLC has raised $3.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.1M on 2011-03-21.
Most recent recorded round closed around 2011-03-22.
Valuation (modeled)modeled
Provath models SteadMed Medical, LLC at approximately $5.7M (range $113K–$45M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.10× the median modeled value of Seed Pharmaceuticals companies in 2010–2012 (58 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 0 months.
Last raise 15.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 20.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 35% of Pharmaceuticals peers (1613 compared).
Modeled value ranks above 10% of those peers.
Closest niche peers: First China Pharmaceutical Group, Inc., MediQuest Holdings LLC, Ampla Pharmaceuticals Inc, Biomimetix Pharmaceutical, Inc., Prexa Pharmaceuticals Inc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.