Diligence memo · auto-generated · as of July 2, 2026
Affirmed Networks, Inc.
Affirmed Networks, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Affirmed Networks, Inc. operates in Telecommunications, based in ACTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Affirmed Networks, Inc. has raised $101M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $49M on 2013-05-22.
Most recent recorded round closed around 2019-02-01.
Valuation (modeled)modeled
Provath models Affirmed Networks, Inc. at approximately $755M (range $143M–$2.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.62× the median modeled value of Series C Telecommunications companies in 2019–2021 (7 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 26 months.
Last raise 7.4 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Telecommunications peers (929 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Tingo, Inc., Federated Wireless, Inc., SmartSky Investco, LLC, UMBRA Technologies (US) Inc., Airspan Networks Inc.
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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.