Companies · Software / Tech

Applied X Lab, Inc.

BROOKLYN · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Applied X Lab, Inc. — recommendation, valuation, rhythm, risks.
$5.8M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Thu Feb 23 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Applied X Lab, Inc. looks under-valued 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. Valuation uses the technology sector profile.

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 0.59× the median modeled value of Seed Software / Tech companies in 2022–2024 (387 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.4 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Applied X Lab, Inc. is one of 3920 Software / Tech companies tracked from BROOKLYN. By capital raised it ranks mid-pack (ahead of 57% 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
1
Investors (latest)
2019
Year incorporated
2023-02-23
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$100MSeed · 2021-04-19 Raised $1.3M (real) Modeled valuation $30M (est)$1.3M$30MSeed2021Seed · 2022-03-10 Raised $3.5M (real) Modeled valuation $53M (est)$3.5M$53MSeed2022Seed · 2023-02-23 Raised $1000K (real) Modeled valuation $9.7M (est)$1000K$9.7MSeed2023+$3.5M+$1000KCumulative $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
Seed$1.3M · 2021
Seed extension$3.5M · 2022
Seed extension$1000K · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$9.7M
Base estimate est.
$882K
Conservative case
$37.1M
Upside case
$5.0M
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 scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $30.3M · 2021-04-192021Seed · modeled $53.4M · 2022-03-10Seed · modeled $9.7M · 2023-02-232023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$3.1M/yr
Capital velocity
5.2 yr
On record since
2021
First round
3
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 1.3× above median
This company$5.8M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$1000K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$9.7M
Sector median$36.6M

Raised more than 57% of sector peers (real $). Modeled value above 26% 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 #287 of 387.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)SkyBell Technologies, Inc. · Seed Raised $4.8M · modeled $64.2M (est)BuyerAssist.io, Inc. · Seed Raised $5.7M · modeled $60.4M (est)Adaptive Surface Technologies, Inc. · Seed Raised $3.8M · modeled $59.6M (est)Abstract Labs, Inc. · Seed Raised $3.9M · modeled $57.2M (est)Elixir Lab Usa Inc. · Seed Raised $3.9M · modeled $57.0M (est)Grounded Technologies, Inc. · Seed Raised $3.5M · modeled $56.9M (est)Sticky Technologies, Inc./DE · Seed Raised $3.6M · modeled $55.0M (est)Urban Shipper Technology Inc. · Seed Raised $4.9M · modeled $54.3M (est)Rabbot Technologies Ltd · Seed Raised $3.8M · modeled $53.6M (est)Multisig Labs, Inc. · Seed Raised $3.8M · modeled $53.3M (est)Smartcare Software, Inc. · Seed Raised $3.5M · modeled $50.2M (est)Determinate Systems, Inc. · Seed Raised $3.5M · modeled $49.8M (est)Applied X Lab, Inc. (this company) Raised $5.8M · modeled $9.7M (est)Applied X Lab, Inc.
CompanyStageRaised · realValue · estvs peer med.
SkyBell Technologies, Inc.Seed$4.8M$64.2M3.92×
BuyerAssist.io, Inc.Seed$5.7M$60.4M3.68×
Adaptive Surface Technologies, Inc.Seed$3.8M$59.6M3.63×
Abstract Labs, Inc.Seed$3.9M$57.2M3.49×
Elixir Lab Usa Inc.Seed$3.9M$57.0M3.48×
Grounded Technologies, Inc.Seed$3.5M$56.9M3.47×
Sticky Technologies, Inc./DESeed$3.6M$55.0M3.35×
Urban Shipper Technology Inc.Seed$4.9M$54.3M3.31×
Rabbot Technologies LtdSeed$3.8M$53.6M3.27×
Multisig Labs, Inc.Seed$3.8M$53.3M3.25×
Smartcare Software, Inc.Seed$3.5M$50.2M3.06×
Determinate Systems, Inc.Seed$3.5M$49.8M3.04×
Applied X Lab, Inc. this companySeed$5.8M$9.7M0.59×
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.
Seed$1.3M2021-04-19$6.5M$30.3M90%
Seed$3.5M2022-03-10$17.5M$53.4M90%
Seed$1000K2023-02-23$5.0M$9.7M90%
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. Seed$1.3M2021-04-19
    • First recorded raise — entered as Seed.
    • 10 investors on this round.
  2. Seed$3.5M2022-03-10
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Seed$1000K2023-02-23
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~11mo cadence
$1000K
Modeled next size est.range $1000K$1.6M
0.3×
Last step-up
$3.1M/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
Scott Cohen6 other2021-04
Kenneth Bronfin2 other2022-03
Francesco Marconi2021-04
Prashant Foneska2021-04
Prashant Fonseka2022-03
Registry & provenance

Applied X Lab, 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
1860034
SEC CIK
2019
Incorporated
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
RAIN Technology Inc.Software / TechSeed$5.8M$8.6Msame sector · same stage
Strados Labs, Inc.Software / TechSeed$5.8M$8.1Msame sector · same stage
eMotive Software, Inc.Software / TechSeed$5.7M$9.0Msame sector · same stage
Voci Technologies IncSoftware / TechSeed$5.7M$8.5Msame sector · same stage
Great Lakes Crystal Technologies, Inc.Software / TechSeed$6.0M$11.7Msame sector · same stage
Coherence Technologies Inc.Software / TechSeed$5.3M$10.8Msame sector · same stage
MagDrive Technologies, Inc.Software / TechSeed$6.4M$11.0Msame sector · same stage
Atalanta Technologies Inc.Software / TechSeed$6.5M$8.6Msame 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
BorderX Lab Inc.Software / TechSeries B$816.1M88%
ABXR Labs, Inc.Software / TechSeries B$6.8M87%
Demox Labs, Inc.Software / TechSeed$30.0M87%
Exa Labs Inc.Software / TechSeries C$541.3M86%
Applied Internet Technology, Inc.Software / TechPre-Seed$36.0M86%
Ox Labs Inc.Software / TechSeries B$47.2M86%
Elixir Lab Usa Inc.Software / TechSeed$57.0M86%
XMTP Labs, Inc.Software / TechSeries B$522.5M85%
Frequently asked
How much funding has Applied X Lab, Inc. raised?
Applied X Lab, Inc. has raised approximately $5.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Applied X Lab, Inc.'s estimated valuation?
Provath's modeled valuation for Applied X Lab, Inc. is approximately $9.7M (modeled range $882K–$37.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Applied X Lab, Inc. at?
Applied X Lab, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Feb 23.
What does Applied X Lab, Inc. do and where is it based?
Applied X Lab, Inc. operates in the Software / Tech sector, based in BROOKLYN.
Explore related

See where Applied X Lab, 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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