Diligence memo · auto-generated · as of July 2, 2026
Ashby, Inc.
Ashby, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Ashby, Inc. operates in Computers, based in SAN FRANCISCO, CA, USA; Remote. All-in-one recruiting platform that empowers hiring excellence in…
Sub-sector tags: B2B, Human Resources, Recruiting, hr/worktech.
Capital & rounds (filed)filed
Ashby, Inc. has raised $58M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $30M on 2024-05-17.
Most recent recorded round closed around 2024-05-17.
Valuation (modeled)modeled
Provath models Ashby, Inc. at approximately $253M (range $75M–$464M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.14× the median modeled value of Series B Computers companies in 2022–2024 (11 peers) — value vs value, same stage and era. Within the normal band (114% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 2.1 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 15.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 95% of Computers peers (1371 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Gauntlet Networks, Inc., Catalyst Software Corp, Manifold Technologies Ltd., aPriori Technologies Inc, DynamoFL, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.