Companies · Hospitals and Physicians

Tri-State Surgery Center LLC

Washington · Hospitals and Physicians

Diligence memoA one-page analyst read on Tri-State Surgery Center LLC — recommendation, valuation, rhythm, risks.
$565K
Total raised · real
2
Rounds
2.7×
Latest step-up
Top 78%
Sector rank · raised
Pre-Seed
Latest stage · inferred

Tri-State Surgery Center LLC looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.08× the median modeled value of Pre-Seed Hospitals and Physicians companies (234 peers) — value vs value, same stage and era.
Active
  • No dated round to assess.

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

Issuer-vehicle patternmedium confidence

Tri-State Surgery Center 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
56.5 yr record
Peak capital year was Undated with $565K across 2 filings.
Market position
ahead of 23% of Hospitals and Physicians peers
Capital scale is ahead of 23% of Hospitals and Physicians peers; modeled value is above 3% 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 Undated: $565K across 2 filings.
  • Largest single filing was $412K on .
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Hospitals and Physicians

Tri-State Surgery Center LLC is one of 599 Hospitals and Physicians companies tracked from Washington. By capital raised it ranks in the long tail (ahead of 23% 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
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$250K$500K$750K$1.0MPre-Seed · Raised $153K (real) Modeled valuation $250K (est)$153K$250KPre-SeedPre-Seed · Raised $412K (real) Modeled valuation $673K (est)$412K$673KPre-Seed+$412KCumulative $565K

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$153K
Pre-Seed extension$412K

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

Modeled valuation trajectory
$673K
Base estimate est.
$269K
Conservative case
$1.2M
Upside case
$2.3M
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 health services sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $250K · Pre-Seed · modeled $673K ·
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.61×/yr
Annual markup
2.18×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
56.5 yr
On record since
1970
First round
2
Rounds on file
How it compares to the market

Benchmarked against 599 companies in Hospitals and Physicians. 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) 0.3× of median
This company$565K
Sector median$1.8M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.0× above median
This company$412K
Sector median$400K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$673K
Sector median$22.9M

Raised more than 23% of sector peers (real $). Modeled value above 3% of peers (estimate).

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$153K$849K$250K90%
Pre-Seed$412K$2.3M$673K90%
Intelligence
Modeled next raise
$1.1M
Modeled next size est.range $721K$1.8M
2.7×
Last step-up
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
John Campbell8 other
Howard Goldberg1 other
Allan H. Tissenbaum
Brent Angott
Brent H. Angott
Brook B. Ward
Christopher C Schmidt
Gary B. Weinstein
Gary Weinstein
Howard Ross Goldberg
James E. Massucci
John H. Campbell
Shirley Hardy
Shirley H. Hardy
Telford W Thomas
Registry & provenance

Tri-State Surgery Center 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
1415257
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
Millennium Asc, LlcHospitals and PhysiciansPre-Seed$569K$5.2Msame sector · same stage
Surgeon's Point Surgery Center, LLCHospitals and PhysiciansPre-Seed$570K$9.3Msame sector · same stage
Jphc LlcHospitals and PhysiciansPre-Seed$558K$8.5Msame sector · same stage
West End Surgical, LLCHospitals and PhysiciansPre-Seed$579K$3.8Msame sector · same stage
Petersburg Hospital Company, LLCHospitals and PhysiciansPre-Seed$550K$15.8Msame sector · same stage
Renaissance Physicians Accountable Care LLCHospitals and PhysiciansPre-Seed$546K$15.6Msame sector · same stage
Montrose Urgent Care, LLCHospitals and PhysiciansPre-Seed$586K$6.0Msame sector · same stage
Adventist Healthcare Surgery Center at National Harbor, LLCHospitals and PhysiciansPre-Seed$540K$9.0Msame sector · same stage
Frequently asked
How much funding has Tri-State Surgery Center LLC raised?
Tri-State Surgery Center LLC has raised approximately $565K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Tri-State Surgery Center LLC's estimated valuation?
Provath's modeled valuation for Tri-State Surgery Center LLC is approximately $673K (modeled range $269K–$1.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tri-State Surgery Center LLC at?
Tri-State Surgery Center LLC's latest modeled financing stage is Pre-Seed.
What does Tri-State Surgery Center LLC do and where is it based?
Tri-State Surgery Center LLC operates in the Hospitals and Physicians sector, based in Washington.
Explore related

See where Tri-State Surgery Center LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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