Diligence memo · auto-generated · as of July 2, 2026
Think Surgical, Inc.
Think Surgical, Inc. has raised $140M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Think Surgical, Inc. operates in Medical Devices, based in FREMONT.
Sub-sector tags: medical-devices.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Think Surgical, Inc. has raised $140M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $134M on 2019-01-11.
Most recent recorded round closed around 2022-08-18.
Valuation (modeled)modeled
Provath models Think Surgical, Inc. at approximately $89M (range $28M–$152M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 43 months.
Last raise 3.9 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.
The last round was 24.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Medical Devices peers (233 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Click Diagnostics, Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.