Companies · Other Health Care

Triboro Administrative Services Holdings, LLC

NEW YORK · Other Health Care

Diligence memoA one-page analyst read on Triboro Administrative Services Holdings, LLC — recommendation, valuation, rhythm, risks.
$21.0M
Total raised · real
1
Rounds
Latest step-up
Top 16%
Sector rank · raised
Series B
Latest stage · inferred · Tue Nov 22 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Triboro Administrative Services Holdings, LLC looks fair against its niche peers and is dormant on financing cadence.

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

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

Fair
  • Modeled value is 1.47× the median modeled value of Series B Other Health Care companies in 2022–2024 (91 peers) — value vs value, same stage and era.
  • Within the normal band (147% of peer median) for its niche.
Dormant
  • Last raise 3.6 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

Triboro Administrative Services Holdings, 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
3.6 yr record
Peak capital year was 2022 with $21.0M across 1 filings.
Market position
ahead of 85% of Other Health Care peers
Capital scale is ahead of 85% of Other Health Care peers; modeled value is above 89% 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 2022: $21.0M across 1 filings.
  • Largest single filing was $21.0M on 2022-11-22.
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.
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 Other Health Care

Triboro Administrative Services Holdings, LLC is one of 5377 Other Health Care companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the upper tier 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
Rule 506(b)
Reg D exemption
6
Investors (latest)
2019
Year incorporated
2022-11-22
First sale
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$125M$250M$375M$500MSeries B · 2022-11-22 Raised $21M (real) Modeled valuation $224M (est)$21M$224MSeries B2022

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
Series B$21.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$224.3M
Base estimate est.
$49.4M
Conservative case
$546.1M
Upside case
$116.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
3.6 yr
Elapsed time used
3.6 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.6 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. 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) 8.6× above median
This company$21.0M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.2× above median
This company$21.0M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 10× above median
This company$224.3M
Sector median$22.1M

Raised more than 85% of sector peers (real $). Modeled value above 89% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #26 of 91.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Code Biotherapeutics, Inc. · Series B Raised $47.5M · modeled $465.8M (est)Candesant Biomedical, Inc. · Series B Raised $44.5M · modeled $455.3M (est)Artis Holdings, LLC · Series B Raised $40.0M · modeled $383.5M (est)GIO Blood Ltd · Series B Raised $27.3M · modeled $375.5M (est)Clarapath, Inc. · Series B Raised $40.2M · modeled $348.4M (est)Diality Inc · Series B Raised $42.9M · modeled $337.7M (est)VA Pro 7 SNF Operations Holdings LLC · Series B Raised $32.0M · modeled $333.3M (est)VivoSense, Inc. · Series B Raised $27.0M · modeled $332.6M (est)Tidal Wave GPO, LLC · Series B Raised $34.8M · modeled $324.6M (est)Peachy Corp. · Series B Raised $25.1M · modeled $309.9M (est)Smile Source Holdings, L.P. · Series B Raised $32.2M · modeled $309.0M (est)ASC San Rafael LLC · Series B Raised $28.3M · modeled $295.1M (est)Triboro Administrative Services Holdings, LLC (this company) Raised $21.0M · modeled $224.3M (est)Triboro Administrative Services Holdings, LLC
CompanyStageRaised · realValue · estvs peer med.
Code Biotherapeutics, Inc.Series B$47.5M$465.8M3.06×
Candesant Biomedical, Inc.Series B$44.5M$455.3M2.99×
Artis Holdings, LLCSeries B$40.0M$383.5M2.52×
GIO Blood LtdSeries B$27.3M$375.5M2.47×
Clarapath, Inc.Series B$40.2M$348.4M2.29×
Diality IncSeries B$42.9M$337.7M2.22×
VA Pro 7 SNF Operations Holdings LLCSeries B$32.0M$333.3M2.19×
VivoSense, Inc.Series B$27.0M$332.6M2.19×
Tidal Wave GPO, LLCSeries B$34.8M$324.6M2.13×
Peachy Corp.Series B$25.1M$309.9M2.04×
Smile Source Holdings, L.P.Series B$32.2M$309.0M2.03×
ASC San Rafael LLCSeries B$28.3M$295.1M1.94×
Triboro Administrative Services Holdings, LLC this companySeries B$21.0M$224.3M1.47×
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.
Series B$21.0M2022-11-22$116.7M$224.3M90%
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. Series B$21.0M2022-11-22
    • First recorded raise — entered as Series B.
    • 6 investors on this round.
Intelligence
Modeled next raise
$33.6M
Modeled next size est.range $21.8M$53.8M
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
Richard Park3 other2022-11
Dean Lin2022-11
George Wei Hall2022-11
Han Wei Zhang2022-11
Henry Wei Chen2022-11
Jian Wei Zhang2022-11
Jimmy Qiu2022-11
Kunal Kain2022-11
Registry & provenance

Triboro Administrative Services Holdings, 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
1951601
SEC CIK
2019
Incorporated
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
SmartScripts Holdings LLCOther Health CareSeries B$21.3M$262.5Msame sector · same stage
Veravas, Inc.Other Health CareSeries B$21.7M$147.3Msame sector · same stage
Levita Magnetics International Corp.Other Health CareSeries B$20.1M$274.8Msame sector · same stage
Treint Investment Inc.Other Health CareSeries B$20.1M$169.3Msame sector · same stage
pulseData, Inc.Other Health CareSeries B$19.7M$291.8Msame sector · same stage
Amada Franchise, Inc.Other Health CareSeries B$22.4M$283.4Msame sector · same stage
ASC Ballard LLCOther Health CareSeries B$19.6M$271.6Msame sector · same stage
VenoStent, Inc.Other Health CareSeries B$19.1M$142.1Msame sector · same stage
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
Tri-Medics, LLCOther Health CarePre-Seed$7.7M87%
Trifecta Holding Group Inc.Other Health CarePre-Seed$5.3M86%
Tri-County Surgery Center LlcOther Health CarePre-Seed$2.0M85%
Tridiuum, Inc.Other Health CareSeries A$88.3M85%
TriAgenics, IncOther Health CareSeed$1.6M84%
TriSalus Life Sciences, Inc.Other Health CareSeries C$145.1M83%
TGHCo, Inc.Other Health CareSeries B$178.2M83%
Trinity Guardion, Inc.Other Health CareSeed$491K83%
Frequently asked
How much funding has Triboro Administrative Services Holdings, LLC raised?
Triboro Administrative Services Holdings, LLC has raised approximately $21.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Triboro Administrative Services Holdings, LLC's estimated valuation?
Provath's modeled valuation for Triboro Administrative Services Holdings, LLC is approximately $224.3M (modeled range $49.4M–$546.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Triboro Administrative Services Holdings, LLC at?
Triboro Administrative Services Holdings, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Nov 22.
What does Triboro Administrative Services Holdings, LLC do and where is it based?
Triboro Administrative Services Holdings, LLC operates in the Other Health Care sector, based in NEW YORK.
Explore related

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