Diligence memo · auto-generated · as of July 2, 2026

AdaptX, Inc.

AdaptX, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

AdaptX, Inc. operates in Other Technology, based in SEATTLE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

AdaptX, Inc. has raised $21M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $8.0M on 2023-08-25.

Most recent recorded round closed around 2025-09-15.

Valuation (modeled)modeled

Provath models AdaptX, Inc. at approximately $9.0M (range $3.6M–$15M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.43× the median modeled value of Series A Other Technology companies in 2025–2027 (567 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 15 months.

Last raise 9 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 5.9× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 84% of Other Technology peers (21292 compared).

Modeled value ranks above 22% of those peers.

Closest niche peers: Beaconcure Inc., Edera, Inc. / DE, Clarify Inc./DE, Palla Financial Inc., eWellbore, LLC.

Peoplefiled

14 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.