Companies · Other

APJeT, Inc.

Morrisville · Other

Diligence memoA one-page analyst read on APJeT, Inc. — recommendation, valuation, rhythm, risks.
$26.5M
Total raised · real
15
Rounds
1.5×
Latest step-up
Top 13%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 23 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

APJeT, Inc. looks fair against its niche peers and is at-risk 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.

Fair
  • Modeled value is 0.90× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era.
  • Within the normal band (90% of peer median) for its niche.
At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

APJeT, Inc. is one of 25008 Other companies tracked from Morrisville. By capital raised it ranks in the upper tier (ahead of 88% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023-03-23
First sale
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$25M$50M$75M$100MPre-Seed · 2011-03-17 Raised $375K (real) Modeled valuation $8.7M (est)Pre-Seed2011Pre-Seed · 2011-03-17 Raised $375K (real) Modeled valuation $8.7M (est)Pre-Seed2011Seed · 2012-04-11 Raised $1.2M (real) Modeled valuation $22M (est)Seed2012Seed · 2013-11-29 Raised $185K (real) Modeled valuation $3.4M (est)Seed2013Seed · 2014-03-03 Raised $3.1M (real) Modeled valuation $57M (est)Seed2014Seed · 2015-07-01 Raised $2.0M (real) Modeled valuation $37M (est)Seed2015Seed · 2016-07-01 Raised $4.0M (real) Modeled valuation $74M (est)Seed2016Seed · 2016-07-01 Raised $2.4M (real) Modeled valuation $45M (est)Seed2016Seed · 2017-07-01 Raised $2.0M (real) Modeled valuation $37M (est)Seed2017Seed · 2017-07-01 Raised $1.3M (real) Modeled valuation $24M (est)Seed2017Seed · 2018-07-01 Raised $2.0M (real) Modeled valuation $37M (est)Seed2018Seed · 2019-07-01 Raised $3.6M (real) Modeled valuation $67M (est)Seed2019Seed · 2020-07-01 Raised $750K (real) Modeled valuation $14M (est)Seed2020Seed · 2020-12-18 Raised $1.1M (real) Modeled valuation $17M (est)Seed2020Seed · 2021-12-17 Raised $1.0M (real) Modeled valuation $11M (est)Seed2021Seed · 2023-03-23 Raised $1.5M (real) Modeled valuation $10M (est)Seed2023Cumulative $27M

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$375K · 2011
Pre-Seed extension$375K · 2011
Seed$1.2M · 2012
Seed extension$185K · 2013
Seed extension$3.1M · 2014
Seed extension$2.0M · 2015
Seed extension$4.0M · 2016
Seed extension$2.4M · 2016
Seed extension$2.0M · 2017
Seed extension$1.3M · 2017
Seed extension$2.0M · 2018
Seed extension$3.6M · 2019
Seed extension$750K · 2020
Seed extension$1.1M · 2020
Seed extension$1.0M · 2021
Seed extension$1.5M · 2023

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

Modeled valuation trajectory
$10.1M
Base estimate est.
$1.3M
Conservative case
$38.0M
Upside case
$7.5M
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 $8.7M · 2011-03-172011Pre-Seed · modeled $8.7M · 2011-03-17Seed · modeled $22.3M · 2012-04-11Seed · modeled $3.4M · 2013-11-29Seed · modeled $57.2M · 2014-03-03Seed · modeled $37.2M · 2015-07-01Seed · modeled $74.4M · 2016-07-01Seed · modeled $45.2M · 2016-07-01Seed · modeled $37.2M · 2017-07-01Seed · modeled $24.3M · 2017-07-01Seed · modeled $37.2M · 2018-07-01Seed · modeled $66.9M · 2019-07-01Seed · modeled $13.9M · 2020-07-01Seed · modeled $16.9M · 2020-12-18Seed · modeled $10.8M · 2021-12-17Seed · modeled $10.1M · 2023-03-232023
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
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$2.2M/yr
Capital velocity
15.3 yr
On record since
2011
First round
16
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) 13× above median
This company$26.5M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$10.1M
Sector median$17.7M

Raised more than 88% of sector peers (real $). Modeled value above 38% 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 #702 of 1,231.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Dropee Inc. · Seed Raised $3.9M · modeled $40.6M (est)NFH Northern Project Development, LLC · Seed Raised $4.0M · modeled $40.6M (est)FactorFund-Note-2022 LLC · Seed Raised $4.0M · modeled $40.0M (est)Immersion Elements LLC · Seed Raised $3.8M · modeled $39.9M (est)Possip, Inc. · Seed Raised $5.8M · modeled $39.6M (est)Porch Group, Inc. · Seed Raised $6.0M · modeled $38.8M (est)Rootwurks, Inc. · Seed Raised $3.9M · modeled $38.7M (est)Cordelia Capital Holdings Inc. · Seed Raised $3.9M · modeled $38.3M (est)99 Counties, Inc. · Seed Raised $3.7M · modeled $38.1M (est)2910 Richmond Hill 1 LLC · Seed Raised $3.8M · modeled $37.5M (est)BH Polycor Holding Inc. · Seed Raised $3.9M · modeled $37.0M (est)FitJoy, Inc. · Seed Raised $3.7M · modeled $36.9M (est)APJeT, Inc. (this company) Raised $26.5M · modeled $10.1M (est)APJeT, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dropee Inc.Seed$3.9M$40.6M3.61×
NFH Northern Project Development, LLCSeed$4.0M$40.6M3.61×
FactorFund-Note-2022 LLCSeed$4.0M$40.0M3.56×
Immersion Elements LLCSeed$3.8M$39.9M3.55×
Possip, Inc.Seed$5.8M$39.6M3.52×
Porch Group, Inc.Seed$6.0M$38.8M3.45×
Rootwurks, Inc.Seed$3.9M$38.7M3.44×
Cordelia Capital Holdings Inc.Seed$3.9M$38.3M3.41×
99 Counties, Inc.Seed$3.7M$38.1M3.38×
2910 Richmond Hill 1 LLCSeed$3.8M$37.5M3.33×
BH Polycor Holding Inc.Seed$3.9M$37.0M3.28×
FitJoy, Inc.Seed$3.7M$36.9M3.28×
APJeT, Inc. this companySeed$26.5M$10.1M0.90×
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$375K2011-03-17$2.1M$8.7M85%
Pre-Seed$375K2011-03-17$2.1M$8.7M85%
Seed$1.2M2012-04-11$6.0M$22.3M85%
Seed$185K2013-11-29$925K$3.4M85%
Seed$3.1M2014-03-03$15.4M$57.2M85%
Seed$2.0M2015-07-01$10.0M$37.2M85%
Seed$4.0M2016-07-01$20.0M$74.4M85%
Seed$2.4M2016-07-01$12.2M$45.2M90%
Seed$2.0M2017-07-01$10.0M$37.2M90%
Seed$1.3M2017-07-01$6.5M$24.3M90%
Seed$2.0M2018-07-01$10.0M$37.2M90%
Seed$3.6M2019-07-01$18.0M$66.9M90%
Seed$750K2020-07-01$3.8M$13.9M90%
Seed$1.1M2020-12-18$5.4M$16.9M90%
Seed$1.0M2021-12-17$5.0M$10.8M90%
Seed$1.5M2023-03-23$7.5M$10.1M90%
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$375K2011-03-17
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$375K2011-03-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  3. Seed$1.2M2012-04-11
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • Switched to Rule 505 (was Rule 06).
    • 3 investors on this round.
  4. Seed$185K2013-11-29
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 6.5× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 505).
    • 3 investors on this round.
  5. Seed$3.1M2014-03-03
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 16.6× larger than the prior — scaling up.
    • 3 investors on this round.
  6. Seed$2.0M2015-07-01
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  7. Seed$4.0M2016-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  8. Seed$2.4M2016-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  9. Seed$2.0M2017-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  10. Seed$1.3M2017-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  11. Seed$2.0M2018-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
  12. Seed$3.6M2019-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
  13. Seed$750K2020-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 4.8× smaller than the prior — bridge or down round.
  14. Seed$1.1M2020-12-18
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 4 investors on this round.
  15. Seed$1.0M2021-12-17
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  16. Seed$1.5M2023-03-23
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~10mo cadence
$2.2M
Modeled next size est.range $1.5M$3.6M
1.5×
Last step-up
$2.2M/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
Steven G Chrust17 other2013-11
E. Bulkeley Griswold16 other2014-03
Stephen T Rossetter14 other2023-03
Steven Chrust9 other2011-03
John White6 other2012-04
Gary Selwyn1 other2011-03
John Emrich1 other2011-03
Alex Padilla2011-03
Bentley F. Park2023-03
Bentley Park2019-07
Bulkeley Griswold2011-03
Bulkely Griswold2012-04
Curtis T. Welling2023-03
Dominick G. Guarna2023-03
Jay White2011-03
John F. Brock, III2023-03
John T. Morrison White, Jr.2023-03
Murray Slimowitz2012-04
Registry & provenance

APJeT, 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
1403772
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
APjeT Venture LLCOtherSeed$20.4M$7.5Mnetwork4 shared operators · same sector · same stage
DashBid Venture, LLCOtherSeed$6.1M$16.8Mnetwork4 shared operators · same sector · same stage
Centripetal Venture, LLCOtherSeed$4.0M$4.2Mnetwork4 shared operators · same sector · same stage
IMCS Venture, LLCOtherSeed$3.5M$13.0Mnetwork4 shared operators · same sector · same stage
EA Invesco, LLCOtherSeries B$19.8M$11.0Mnetwork4 shared operators · same sector
Choice Pet Venture LLCOtherSeed$9.0M$65.1Mnetwork3 shared operators · same sector · same stage
Human Connective Venture, LLCOtherPre-Seed$1.4M$6.7Mnetwork4 shared operators · same sector
Cytogel Venture LlcOtherSeed$3.8M$5.6Mnetwork3 shared operators · same sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
APjeT Venture LLCOtherSeed$7.5M95%
Overjet, Inc.OtherSeries C$142.5M87%
Vanjet Inc.OtherPre-Seed$6.9M85%
FoodJets, Inc.OtherPre-Seed$5.8M84%
Filejet Inc.OtherSeed$22.9M83%
Apliiq, Inc.OtherPre-Seed$4.6M82%
iJET Partnership Holdings, LLCOtherSeries A$7.6M82%
Apomaya, Inc.Other TechnologySeries A$11.7M82%
Frequently asked
How much funding has APJeT, Inc. raised?
APJeT, Inc. has raised approximately $26.5M in disclosed capital across 15 recorded financing rounds, aggregated from public filings.
What is APJeT, Inc.'s estimated valuation?
Provath's modeled valuation for APJeT, Inc. is approximately $10.1M (modeled range $1.3M–$38.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is APJeT, Inc. at?
APJeT, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 23.
What does APJeT, Inc. do and where is it based?
APJeT, Inc. operates in the Other sector, based in Morrisville.
Explore related

See where APJeT, 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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