Diligence memo · auto-generated · as of July 2, 2026
2nd Watch, Inc.
2nd Watch, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
2nd Watch, Inc. operates in Other Technology, based in LIBERTY LAKE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
2nd Watch, Inc. has raised $34M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $19M on 2017-02-24.
Most recent recorded round closed around 2017-02-24.
Valuation (modeled)modeled
Provath models 2nd Watch, Inc. at approximately $589M (range $47M–$2.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 9.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 90% of Other Technology peers (21302 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Certified Inc., Universal Recognition Token, Inc., Pymetrics, Inc., Anomali Inc, Docutech Transfer, LLC.
Peoplefiled
11 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.