Companies · Other

Airex, Inc.

NEW YORK · Other

Diligence memoA one-page analyst read on Airex, Inc. — recommendation, valuation, rhythm, risks.
$5.8M
Total raised · real
6
Rounds
0.3×
Latest step-up
Top 32%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 24 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Airex, Inc. 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.

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 0.27× the median modeled value of Seed Other companies in 2016–2018 (1003 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.3 yr ago; this sector typically re-raises about every 11 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

Airex, Inc. is one of 25008 Other companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 69% 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
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$13M$25M$38M$50MPre-Seed · 2013-02-27 Raised $591K (real) Modeled valuation $14M (est)$591K$14MPre-Seed2013Seed · 2013-11-26 Raised $1.2M (real) Modeled valuation $22M (est)$1.2M$22MSeed2013Pre-Seed · 2013-11-26 Raised $599K (real) Modeled valuation $14M (est)$599K$14MPre-Seed2013Seed · 2014-11-21 Raised $1.1M (real) Modeled valuation $21M (est)$1.1M$21MSeed2014Seed · 2014-11-21 Raised $1.8M (real) Modeled valuation $33M (est)$1.8M$33MSeed2014Seed · 2016-03-24 Raised $500K (real) Modeled valuation $9.3M (est)$500K$9.3MSeed2016+$1.2M+$599K+$1.1M+$1.8M+$500KCumulative $5.8M

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$591K · 2013
Seed$1.2M · 2013
Bridge · Seed-stage$599K · 2013smaller follow-on
Seed extension$1.1M · 2014
Seed extension$1.8M · 2014
Seed extension$500K · 2016

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

Modeled valuation trajectory
$9.3M
Base estimate est.
$450K
Conservative case
$72.9M
Upside case
$2.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $13.7M · 2013-02-272013Seed · modeled $22.5M · 2013-11-26Pre-Seed · modeled $13.8M · 2013-11-26Seed · modeled $20.8M · 2014-11-21Seed · modeled $33.0M · 2014-11-21Seed · modeled $9.3M · 2016-03-242016
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
10.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$1.9M/yr
Capital velocity
13.3 yr
On record since
2013
First round
6
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 2.8× above median
This company$5.8M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$500K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$9.3M
Sector median$17.7M

Raised more than 69% of sector peers (real $). Modeled value above 37% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #937 of 1,003.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Capture2, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Alliance Time Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)Nithio Holdings, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Springfield Hockey, LLC · Seed Raised $4.0M · modeled $74.4M (est)Zooba Eats, Inc. · Seed Raised $4.0M · modeled $74.4M (est)EQX Capital, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Chooze, Corp. · Seed Raised $4.0M · modeled $74.4M (est)Spring Hill Development Partners, LLC · Seed Raised $8.0M · modeled $74.4M (est)Equisphere Corp. · Seed Raised $4.0M · modeled $74.4M (est)OHCP Northeastern Fiber Buyer Holdco, L.P. · Seed Raised $4.0M · modeled $74.4M (est)Ontimeworks, Inc. · Seed Raised $6.0M · modeled $74.4M (est)Polybio Capital, L.P. · Seed Raised $4.0M · modeled $74.4M (est)Airex, Inc. (this company) Raised $5.8M · modeled $9.3M (est)Airex, Inc.
CompanyStageRaised · realValue · estvs peer med.
Capture2, Inc.Seed$4.0M$74.4M2.16×
Alliance Time Holdings, LLCSeed$4.0M$74.4M2.16×
Nithio Holdings, Inc.Seed$4.0M$74.4M2.16×
Springfield Hockey, LLCSeed$4.0M$74.4M2.16×
Zooba Eats, Inc.Seed$4.0M$74.4M2.16×
EQX Capital, Inc.Seed$4.0M$74.4M2.16×
Chooze, Corp.Seed$4.0M$74.4M2.16×
Spring Hill Development Partners, LLCSeed$8.0M$74.4M2.16×
Equisphere Corp.Seed$4.0M$74.4M2.16×
OHCP Northeastern Fiber Buyer Holdco, L.P.Seed$4.0M$74.4M2.16×
Ontimeworks, Inc.Seed$6.0M$74.4M2.16×
Polybio Capital, L.P.Seed$4.0M$74.4M2.16×
Airex, Inc. this companySeed$5.8M$9.3M0.27×
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$591K2013-02-27$3.3M$13.7M90%
Seed$1.2M2013-11-26$6.0M$22.5M90%
Pre-Seed$599K2013-11-26$3.3M$13.8M90%
Seed$1.1M2014-11-21$5.6M$20.8M90%
Seed$1.8M2014-11-21$8.9M$33.0M90%
Seed$500K2016-03-24$2.5M$9.3M90%
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$591K2013-02-27
    • First recorded raise — entered as Pre-Seed.
  2. Seed$1.2M2013-11-26
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  3. Pre-Seed$599K2013-11-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
  4. Seed$1.1M2014-11-21
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
  5. Seed$1.8M2014-11-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
  6. Seed$500K2016-03-24
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q4
Modeled next raise · ~7mo cadence
$500K
Modeled next size est.range $500K$800K
0.3×
Last step-up
$1.9M/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
Chris Williams5 other2013-02
Kyle Zasky2 other2013-02
Ken Bado2013-02
Richard Korhammer2013-02
Stephen Kuhn2013-02
Registry & provenance

Airex, 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
1661007
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
Black Mallard Investments LLCOtherSeed$3.2M$59.9Mnetwork1 shared operator · same sector · same stage
Royal Gypsy Tea CoOtherSeed$5.6M$9.3Msame sector · same stage
Tokens.com Inc.OtherSeed$6.1M$9.6Msame sector · same stage
Big Bites Inc.OtherSeed$5.5M$9.1Msame sector · same stage
VC23 Investors, LLCOtherSeed$5.5M$9.3Msame sector · same stage
Craize Snacks Inc.OtherSeed$5.3M$9.3Msame sector · same stage
Harviell Lowlands Investments LLCOtherSeries A$4.1M$62.0Mnetwork1 shared operator · same sector
Singuli, Inc.OtherSeed$5.1M$9.0Msame sector · same stage
Frequently asked
How much funding has Airex, Inc. raised?
Airex, Inc. has raised approximately $5.8M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Airex, Inc.'s estimated valuation?
Provath's modeled valuation for Airex, Inc. is approximately $9.3M (modeled range $450K–$72.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Airex, Inc. at?
Airex, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 24.
What does Airex, Inc. do and where is it based?
Airex, Inc. operates in the Other sector, based in NEW YORK.
Explore related

See where Airex, 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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