Companies · Healthtech

True Concepts Medical Technologies, LLC

Centerville · Healthtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on True Concepts Medical Technologies, LLC — recommendation, valuation, rhythm, risks.
$195K
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 88%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Aug 23 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

True Concepts Medical Technologies, LLC looks under-valued 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 healthtech 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 0.49× the median modeled value of Pre-Seed Healthtech companies in 2016–2018 (113 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.9 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

True Concepts Medical Technologies, 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
8.9 yr record
Peak capital year was 2017 with $390K across 2 filings.
Market position
ahead of 13% of Healthtech peers
Capital scale is ahead of 13% of Healthtech peers; modeled value is above 27% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2017: $390K across 2 filings.
  • Largest single filing was $195K on 2017-08-23.
  • Filing rows sum to $390K, while canonical raised total is $195K; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Healthtech

True Concepts Medical Technologies, LLC is one of 2138 Healthtech companies tracked from Centerville. By capital raised it ranks in the long tail (ahead of 13% 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
Rule 506(b)
Reg D exemption
12
Investors (latest)
2017
Year incorporated
2017-08-23
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$2.5M$5.0M$7.5M$10MPre-Seed · 2017-08-23 Raised $195K (real) Modeled valuation $6.7M (est)$195K$6.7MPre-Seed2017Pre-Seed · 2017-08-23 Raised $195K (real) Modeled valuation $6.7M (est)$195K$6.7MPre-Seed2017+$195KCumulative $390K

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$195K · 2017
Pre-Seed extension$195K · 2017

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

Modeled valuation trajectory
$6.7M
Base estimate est.
$122K
Conservative case
$76.2M
Upside case
$1.1M
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 healthtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.7M · 2017-08-232017Pre-Seed · modeled $6.7M · 2017-08-232017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.67×/yr
Annual markup
2.27×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.9 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. 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) 0.0× of median
This company$195K
Sector median$4.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$195K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$6.7M
Sector median$33.8M

Raised more than 13% of sector peers (real $). Modeled value above 27% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #91 of 113.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Nulogix Health, Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)HealthTech Solutions, Inc. · Pre-Seed Raised $1.0M · modeled $34.5M (est)Caddo Medical Technologies LLC · Pre-Seed Raised $1.0M · modeled $34.5M (est)Markit Medical, Inc. · Pre-Seed Raised $960K · modeled $33.1M (est)Unique Medical Services, LLC · Pre-Seed Raised $950K · modeled $32.8M (est)JTT Health Management LLC · Pre-Seed Raised $950K · modeled $32.8M (est)Fresenius Medical Care Cedar Hill, LLC · Pre-Seed Raised $928K · modeled $32.0M (est)Klarion Wellness Inc. · Pre-Seed Raised $900K · modeled $31.0M (est)Hitch Health, Inc. · Pre-Seed Raised $900K · modeled $31.0M (est)Primus Healthcare Holdings, LLC · Pre-Seed Raised $2.4M · modeled $30.2M (est)Radiant Health Management Corp. · Pre-Seed Raised $870K · modeled $30.0M (est)Healthcare Sales Enablement Inc. · Pre-Seed Raised $1.3M · modeled $30.0M (est)True Concepts Medical Technologies, LLC (this company) Raised $195K · modeled $6.7M (est)True Concepts Medical Technologies, LLC
CompanyStageRaised · realValue · estvs peer med.
Nulogix Health, Inc.Pre-Seed$1.0M$34.5M2.50×
HealthTech Solutions, Inc.Pre-Seed$1.0M$34.5M2.50×
Caddo Medical Technologies LLCPre-Seed$1.0M$34.5M2.50×
Markit Medical, Inc.Pre-Seed$960K$33.1M2.40×
Unique Medical Services, LLCPre-Seed$950K$32.8M2.38×
JTT Health Management LLCPre-Seed$950K$32.8M2.38×
Fresenius Medical Care Cedar Hill, LLCPre-Seed$928K$32.0M2.32×
Klarion Wellness Inc.Pre-Seed$900K$31.0M2.25×
Hitch Health, Inc.Pre-Seed$900K$31.0M2.25×
Primus Healthcare Holdings, LLCPre-Seed$2.4M$30.2M2.19×
Radiant Health Management Corp.Pre-Seed$870K$30.0M2.18×
Healthcare Sales Enablement Inc.Pre-Seed$1.3M$30.0M2.17×
True Concepts Medical Technologies, LLC this companyPre-Seed$195K$6.7M0.49×
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$195K2017-08-23$1.1M$6.7M90%
Pre-Seed$195K2017-08-23$1.1M$6.7M90%
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. Pre-Seed$195K2017-08-23
    • First recorded raise — entered as Pre-Seed.
    • 12 investors on this round.
  2. Pre-Seed$195K2017-08-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
Intelligence
Modeled next raise
$195K
Modeled next size est.range $195K$312K
1.0×
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
Michael Hopkins3 other2017-08
Registry & provenance

True Concepts Medical Technologies, 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
1714317
SEC CIK
2017
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
HEALTHCARING VENTURES, LLC - HCV MEDICAL Co SERIESHealthtechPre-Seed$195K$6.7Msame sector · same stage
Abounding Hospice Care, Inc.HealthtechPre-Seed$196K$6.8Msame sector · same stage
BesaMe Wellness SD, LLCHealthtechPre-Seed$200K$3.0Msame sector · same stage
Dental & Braces Dysart LLCHealthtechPre-Seed$200K$5.3Msame sector · same stage
EGA Medical Management LLCHealthtechPre-Seed$200K$6.9Msame sector · same stage
Eve Health Systems, Inc.HealthtechPre-Seed$200K$2.4Msame sector · same stage
New Light Behavioral Health LLCHealthtechPre-Seed$200K$6.9Msame sector · same stage
Optometric Medical Solutions II LLCHealthtechPre-Seed$200K$6.9Msame 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
True Health Inc.HealthtechSeries A$181.5M88%
True Health Group LLCHealthtechSeries D+$4.0B88%
TrueGen Health, Inc.HealthtechPre-Seed$1.5M86%
Medical Realities, Inc.HealthtechPre-Seed$3.3M85%
Real Time Medical Systems, LLCHealthtechSeries B$367.5M84%
Major Medical Devices, LLCHealthtechPre-Seed$1.1M84%
WELL Health Technologies Corp.HealthtechSeed$92.6M84%
First Sense Medical, LLCHealthtechSeed$39.8M83%
Frequently asked
How much funding has True Concepts Medical Technologies, LLC raised?
True Concepts Medical Technologies, LLC has raised approximately $195K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is True Concepts Medical Technologies, LLC's estimated valuation?
Provath's modeled valuation for True Concepts Medical Technologies, LLC is approximately $6.7M (modeled range $122K–$76.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is True Concepts Medical Technologies, LLC at?
True Concepts Medical Technologies, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Aug 23.
What does True Concepts Medical Technologies, LLC do and where is it based?
True Concepts Medical Technologies, LLC operates in the Healthtech sector, based in Centerville.
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