Diligence memo · auto-generated · as of July 2, 2026
Alpaca, Inc.
Alpaca, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Alpaca, Inc. operates in Crypto / Web3, based in OMAHA, CA, USA; Remote. API-first stock and crypto brokerage platform
Sub-sector tags: API, Developer Tools, Fintech, Infrastructure, Investing, crypto/web3.
Capital & rounds (filed)filed
Alpaca, Inc. has raised $3.7M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2022-05-06.
Most recent recorded round closed around 2026-01-28.
Valuation (modeled)modeled
Provath models Alpaca, Inc. at approximately $2.4M (range $849K–$4.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.26× the median modeled value of Seed Crypto / Web3 companies in 2025–2027 (7 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 5 mo ago; this sector typically re-raises about every 7 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 71% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 42% of those peers.
Closest niche peers: Ubleu CRYPTO GROUP LTD, Ohiosa CRYPTO GROUP LTD, Tocexa Crypto Exchange Ltd, Idcxs Crypto Group Ltd, Enzi Mobility.
Peoplefiled
3 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.