Companies · Software / Tech

Atlas Technology Solutions Inc.

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

Diligence memoA one-page analyst read on Atlas Technology Solutions Inc. — recommendation, valuation, rhythm, risks.
$95.0M
Total raised · real
2
Rounds
3.8×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Thu Sep 15 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Atlas Technology Solutions Inc. looks over-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.

Over-valued
  • Modeled value is 1.89× the median modeled value of Series C Software / Tech companies in 2022–2024 (55 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.8 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

Atlas Technology Solutions Inc. is one of 3920 Software / Tech companies tracked from CHICAGO. By capital raised it ranks among the largest (ahead of 95% of sector peers), and among the largest 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)
2017
Year incorporated
2022-09-15
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$500M$1.0B$1.5B$2.0BSeries B · 2020-08-10 Raised $20M (real) Modeled valuation $586M (est)$20M$586MSeries B2020Series C · 2022-09-15 Raised $75M (real) Modeled valuation $1.2B (est)$75M$1.2BSeries C2022+$75MCumulative $95M

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
Series B$20.0M · 2020
Series C$75.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$1.2B
Base estimate est.
$284.2M
Conservative case
$2.3B
Upside case
$500.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series B · modeled $585.8M · 2020-08-102020Series C · modeled $1.2B · 2022-09-152022
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$45.3M/yr
Capital velocity
5.9 yr
On record since
2020
First round
2
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) 21× above median
This company$95.0M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.5× above median
This company$75.0M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 33× above median
This company$1.2B
Sector median$36.6M

Raised more than 95% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #4 of 55.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Pinecone Systems, Inc. · Series C Raised $128.2M · modeled $1.4B (est)Hydration Labs, Inc. · Series C Raised $135.0M · modeled $1.3B (est)SiMa Technologies, Inc. · Series C Raised $167.8M · modeled $1.2B (est)Pascaline Systems, Inc. · Series C Raised $106.0M · modeled $1.2B (est)Innovative Data Processing Solutions LLC · Series C Raised $60.0M · modeled $1.2B (est)Dura Software, Inc. · Series C Raised $101.1M · modeled $1.1B (est)Voyager Digital Ltd. · Series C Raised $145.4M · modeled $1.1B (est)Workstream Technologies, Inc. · Series C Raised $107.9M · modeled $1.0B (est)Parry Labs Holdings, LLC · Series C Raised $90.7M · modeled $994.2M (est)Mobix Labs, Inc · Series C Raised $100.0M · modeled $989.2M (est)Databook Labs, Inc. · Series C Raised $71.4M · modeled $968.1M (est)Atlas Technology Solutions Inc. (this company) Raised $95.0M · modeled $1.2B (est)Atlas Technology Solutions Inc.
CompanyStageRaised · realValue · estvs peer med.
Pinecone Systems, Inc.Series C$128.2M$1.4B2.12×
Hydration Labs, Inc.Series C$135.0M$1.3B1.99×
SiMa Technologies, Inc.Series C$167.8M$1.2B1.96×
Atlas Technology Solutions Inc. this companySeries C$95.0M$1.2B1.89×
Pascaline Systems, Inc.Series C$106.0M$1.2B1.83×
Innovative Data Processing Solutions LLCSeries C$60.0M$1.2B1.82×
Dura Software, Inc.Series C$101.1M$1.1B1.78×
Voyager Digital Ltd.Series C$145.4M$1.1B1.67×
Workstream Technologies, Inc.Series C$107.9M$1.0B1.60×
Parry Labs Holdings, LLCSeries C$90.7M$994.2M1.56×
Mobix Labs, IncSeries C$100.0M$989.2M1.55×
Databook Labs, Inc.Series C$71.4M$968.1M1.52×
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.
Series B$20.0M2020-08-10$111.1M$585.8M90%
Series C$75.0M2022-09-15$500.0M$1.2B90%
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. Series B$20.0M2020-08-10
    • First recorded raise — entered as Series B.
    • 4 investors on this round.
  2. Series C$75.0M2022-09-15
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~25mo cadence
$225.0M
Modeled next size est.range $146.2M$360.0M
3.8×
Last step-up
$45.3M/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
Larry Dunivan1 other2022-09
Barbara Adachi2022-09
Christopher Cavanaugh2022-09
Nariman Ansari2022-09
Ray Dile2022-09
Richard A Hammell2020-08
Richard Hammell2022-09
Won A Park2020-08
Registry & provenance

Atlas Technology Solutions 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
1821379
SEC CIK
2017
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
Kentik Technologies, Inc.Software / TechSeries C$94.4M$1.2Bsame sector · same stage
Greenhouse Software, Inc.Software / TechSeries C$94.2M$1.6Bsame sector · same stage
Campfire Software, Inc.Software / TechSeries C$96.4M$362.0Msame sector · same stage
Buf Technologies, Inc.Software / TechSeries C$93.5M$1.4Bsame sector · same stage
Pantheon Systems, Inc.Software / TechSeries C$98.1M$1.3Bsame sector · same stage
Ginger.io, Inc.Software / TechSeries C$99.1M$1.5Bsame sector · same stage
Parry Labs Holdings, LLCSoftware / TechSeries C$90.7M$994.2Msame sector · same stage
Purecycle Technologies LlcSoftware / TechSeries C$99.6M$1.7Bsame 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
Atlas Labs, Inc.Software / TechSeries C$859.4M91%
Manifold Technology, Inc.Software / TechSeries A$184.9M87%
Atlas Career Guide, IncOther TechnologyPre-Seed$2.6M86%
Atlas Point LLCOther TechnologySeed$21.3M86%
Atlas Unlimited Inc.Other TechnologySeed$28.3M86%
Meridian Integrated Technologies, Inc.Software / TechSeed$11.7M86%
Summit Technology Consulting Group, LLCSoftware / TechSeed$104.4M85%
Atlas Robotics & Automation Inc.RoboticsSeed$10.2M85%
Frequently asked
How much funding has Atlas Technology Solutions Inc. raised?
Atlas Technology Solutions Inc. has raised approximately $95.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Atlas Technology Solutions Inc.'s estimated valuation?
Provath's modeled valuation for Atlas Technology Solutions Inc. is approximately $1.2B (modeled range $284.2M–$2.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Atlas Technology Solutions Inc. at?
Atlas Technology Solutions Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Sep 15.
What does Atlas Technology Solutions Inc. do and where is it based?
Atlas Technology Solutions Inc. operates in the Software / Tech sector, based in CHICAGO.
Explore related

See where Atlas Technology Solutions 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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