Diligence memo · auto-generated · as of July 2, 2026
TN HoldCo, Inc.
TN HoldCo, Inc. has raised $407M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
TN HoldCo, Inc. operates in Hospitals and Physicians, based in KNOXVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
TN HoldCo, Inc. has raised $407M 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: $244M on 2017-07-07.
Most recent recorded round closed around 2020-02-25.
Valuation (modeled)modeled
Provath models TN HoldCo, Inc. at approximately $3.5B (range $904M–$7.6B). 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 4 months.
Last raise 6.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Quincy Health, LLC.
Peoplefiled
24 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.