Companies · Other Technology

2nd Watch, Inc.

LIBERTY LAKE · Other Technology

Diligence memoA one-page analyst read on 2nd Watch, Inc. — recommendation, valuation, rhythm, risks.
$34.0M
Total raised · real
4
Rounds
1.9×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Fri Feb 24 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

2nd Watch, Inc. 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 technology 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 1.00× the median modeled value of Series B Other Technology companies in 2016–2018 (314 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 9.3 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
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 Technology

2nd Watch, Inc. is one of 21292 Other Technology companies tracked from LIBERTY LAKE. By capital raised it ranks among the largest (ahead of 90% of sector peers), and among the largest 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
9
Investors (latest)
2017-02-24
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$250M$500M$750M$1.0BPre-Seed · 2011-11-22 Raised $490K (real) Modeled valuation $21M (est)$490K$21MPre-Seed2011Series A · 2012-12-14 Raised $4.2M (real) Modeled valuation $115M (est)$4.2M$115MSeries A2012Series A · 2014-10-02 Raised $10M (real) Modeled valuation $277M (est)$10M$277MSeries A2014Series B · 2017-02-24 Raised $19M (real) Modeled valuation $589M (est)$19M$589MSeries B2017+$4.2M+$10M+$19MCumulative $34M

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$490K · 2011
Series A$4.2M · 2012no Seed on file
Series A extension$10.0M · 2014
Series B$19.4M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$589.3M
Base estimate est.
$47.4M
Conservative case
$2.3B
Upside case
$107.5M
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 technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $20.8M · 2011-11-222011Series A · modeled $115.2M · 2012-12-14Series A · modeled $277.4M · 2014-10-02Series B · modeled $589.3M · 2017-02-242017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
9.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$6.5M/yr
Capital velocity
14.6 yr
On record since
2011
First round
4
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 11× above median
This company$34.0M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× above median
This company$19.4M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 16× above median
This company$589.3M
Sector median$37.3M

Raised more than 90% of sector peers (real $). Modeled value above 93% 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 #157 of 314.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Pymetrics, Inc. · Series B Raised $46.6M · modeled $1.2B (est)Universal Recognition Token, Inc. · Series B Raised $40.0M · modeled $1.2B (est)Certified Inc. · Series B Raised $40.0M · modeled $1.2B (est)Anomali Inc · Series B Raised $40.0M · modeled $1.2B (est)Docutech Transfer, LLC · Series B Raised $39.9M · modeled $1.2B (est)Plaid Technologies, Inc. · Series B Raised $39.8M · modeled $1.2B (est)360fly, Inc. · Series B Raised $69.9M · modeled $1.2B (est)LogRhythm, Inc. · Series B Raised $111.3M · modeled $1.2B (est)Humu, Inc. · Series B Raised $49.5M · modeled $1.2B (est)GuiaBolso (Cayman), Ltd. · Series B Raised $58.0M · modeled $1.2B (est)Spin Memory, Inc. · Series B Raised $38.5M · modeled $1.2B (est)Wavefront, Inc. · Series B Raised $37.6M · modeled $1.1B (est)2nd Watch, Inc. (this company) Raised $34.0M · modeled $589.3M (est)2nd Watch, Inc.
CompanyStageRaised · realValue · estvs peer med.
Pymetrics, Inc.Series B$46.6M$1.2B2.07×
Universal Recognition Token, Inc.Series B$40.0M$1.2B2.07×
Certified Inc.Series B$40.0M$1.2B2.07×
Anomali IncSeries B$40.0M$1.2B2.07×
Docutech Transfer, LLCSeries B$39.9M$1.2B2.07×
Plaid Technologies, Inc.Series B$39.8M$1.2B2.06×
360fly, Inc.Series B$69.9M$1.2B2.05×
LogRhythm, Inc.Series B$111.3M$1.2B2.05×
Humu, Inc.Series B$49.5M$1.2B2.02×
GuiaBolso (Cayman), Ltd.Series B$58.0M$1.2B2.01×
Spin Memory, Inc.Series B$38.5M$1.2B2.00×
Wavefront, Inc.Series B$37.6M$1.1B1.95×
2nd Watch, Inc. this companySeries B$34.0M$589.3M1.00×
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$490K2011-11-22$2.7M$20.8M85%
Series A$4.2M2012-12-14$18.9M$115.2M85%
Series A$10.0M2014-10-02$45.5M$277.4M85%
Series B$19.4M2017-02-24$107.5M$589.3M90%
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. Pre-Seed$490K2011-11-22
    • First recorded raise — entered as Pre-Seed.
    • 11 investors on this round.
  2. Series A$4.2M2012-12-14
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 8.5× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Series A$10.0M2014-10-02
    • Raised again after 22 mo — slower than the ~13 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  4. Series B$19.4M2017-02-24
    • Raised again after 29 mo — slower than the ~13 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 9 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~21mo cadence
$37.4M
Modeled next size est.range $24.3M$59.9M
1.9×
Last step-up
$6.5M/yr
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
Jason Booma5 other2014-10
Brett Turner3 other2011-11
Doug Schneider2 other2014-10
Justin Jaschke2 other2017-02
MATTHEW S. MCILWAIN2 other2014-10
MATT GERBER1 other2011-11
JEFF ADEN2011-11
KELL E. BODHOLT2014-10
KRIS BLIESNER2011-11
KRIS S. BLIESNER2014-10
SCOTT E. PARRISH2017-02
Registry & provenance

2nd Watch, Inc. 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
1535671
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
Declarative Holdings, Inc.Other TechnologySeries B$77.0M$106.6Mnetwork1 shared operator · same sector · same stage
Nisos Holdings Inc.Other TechnologySeries A$35.1M$51.7Mnetwork1 shared operator · same sector
Contino Holdings, Inc.Other TechnologySeries A$28.1M$249.7Mnetwork1 shared operator · same sector
Apprenda, Inc.Other TechnologySeries B$34.0M$548.2Msame sector · same stage
Iron Fish Inc.Other TechnologySeries B$34.1M$643.9Msame sector · same stage
OnShift, Inc.Other TechnologySeries B$33.6M$550.5Msame sector · same stage
SteadyMD, Inc.Other TechnologySeries B$33.5M$658.7Msame sector · same stage
Reflektion, Inc.Other TechnologySeries B$34.5M$552.5Msame 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
2Nd Watch Holding Company, Inc.Other TechnologySeries D+$368.5M97%
WatchRx, Inc.Other TechnologyPre-Seed$5.1M87%
Content Watch Holdings, Inc.Other TechnologySeed$74.8M87%
Baywatch Holdings, LLCOther TechnologyPre-Seed$8.5M86%
InfiniteWatch Inc.Other TechnologySeed$11.2M86%
Second Sun, Inc.Other TechnologyPre-Seed$4.9M86%
Watchful, Inc.Other TechnologySeries A$85.5M86%
PocketWatch, Inc.Other TechnologySeries A$416.1M85%
Frequently asked
How much funding has 2nd Watch, Inc. raised?
2nd Watch, Inc. has raised approximately $34.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is 2nd Watch, Inc.'s estimated valuation?
Provath's modeled valuation for 2nd Watch, Inc. is approximately $589.3M (modeled range $47.4M–$2.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 2nd Watch, Inc. at?
2nd Watch, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Feb 24.
What does 2nd Watch, Inc. do and where is it based?
2nd Watch, Inc. operates in the Other Technology sector, based in LIBERTY LAKE.
Explore related

See where 2nd Watch, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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