Companies · Other Technology

Authenticx, Inc.

INDIANAPOLIS · Other Technology

Diligence memoA one-page analyst read on Authenticx, Inc. — recommendation, valuation, rhythm, risks.
$30.7M
Total raised · real
3
Rounds
2.7×
Latest step-up
Top 12%
Sector rank · raised
Series B
Latest stage · inferred · Mon Dec 19 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Authenticx, 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. 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.

Fair
  • Modeled value is 1.28× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
  • Within the normal band (128% of peer median) for its niche.
At-risk
  • Last raise 3.5 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 Other Technology

Authenticx, Inc. is one of 21292 Other Technology companies tracked from INDIANAPOLIS. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and in the upper tier 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
14
Investors (latest)
2019
Year incorporated
2022-12-19
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$125M$250M$375M$500MPre-Seed · 2020-03-31 Raised $796K (real) Modeled valuation $34M (est)$796K$34MPre-Seed2020Seed · 2020-03-31 Raised $1.2M (real) Modeled valuation $42M (est)$1.2M$42MSeed2020Series A · 2021-06-01 Raised $7.9M (real) Modeled valuation $152M (est)$7.9M$152MSeries A2021Series B · 2022-12-19 Raised $22M (real) Modeled valuation $275M (est)$22M$275MSeries B2022+$1.2M+$7.9M+$22MCumulative $31M

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$796K · 2020
Seed$1.2M · 2020
Series A$7.9M · 2021
Series B$21.5M · 2022

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

Modeled valuation trajectory
$275.4M
Base estimate est.
$52.7M
Conservative case
$660.8M
Upside case
$119.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $33.7M · 2020-03-312020Seed · modeled $41.9M · 2020-03-31Series A · modeled $151.8M · 2021-06-01Series B · modeled $275.4M · 2022-12-192022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
3.5 yr
Elapsed time used
3.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$11.3M/yr
Capital velocity
6.3 yr
On record since
2020
First round
4
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 9.7× above median
This company$30.7M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$21.5M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 7.4× above median
This company$275.4M
Sector median$37.3M

Raised more than 89% of sector peers (real $). Modeled value above 87% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #176 of 514.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)Authenticx, Inc. (this company) Raised $30.7M · modeled $275.4M (est)Authenticx, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
Authenticx, Inc. this companySeries B$30.7M$275.4M1.28×
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$796K2020-03-31$4.4M$33.7M90%
Seed$1.2M2020-03-31$6.2M$41.9M90%
Series A$7.9M2021-06-01$36.1M$151.8M90%
Series B$21.5M2022-12-19$119.5M$275.4M90%
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$796K2020-03-31
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Seed$1.2M2020-03-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Series A$7.9M2021-06-01
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 6.4× larger than the prior — scaling up.
    • 6 investors on this round.
  4. Series B$21.5M2022-12-19
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 14 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~11mo cadence
$58.3M
Modeled next size est.range $37.9M$93.3M
2.7×
Last step-up
$11.3M/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
Mckay Dunn3 other2021-06
Victor Gutwein3 other2020-03
Ben Dahl2 other2022-12
Amy Brown1 other2020-03
Robert Boehnlein1 other2020-03
Melanie Bella2021-06
Registry & provenance

Authenticx, 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
1809719
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
Integral Ad Science, Inc.Other TechnologySeries B$79.8M$822.3Mnetwork1 shared operator · same sector · same stage
Fetch Package Inc.Other TechnologySeries B$114.7M$154.5Mnetwork1 shared operator · same sector · same stage
StatusPro, Inc.Other TechnologySeries B$30.8M$270.9Msame sector · same stage
Incognia Holdings Inc.Other TechnologySeries B$31.0M$275.3Msame sector · same stage
Justin.tv, Inc.Other TechnologySeries B$32.0M$255.5Msame sector · same stage
House of Rock, Inc.Other TechnologySeries B$32.2M$277.2Msame sector · same stage
Cfx Battery IncOther TechnologySeries B$29.2M$274.1Msame sector · same stage
Figur8, Inc.Other TechnologySeries B$33.1M$255.0Msame 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
Authenticus Operations LLCOther TechnologyPre-Seed$2.9M94%
Authenticiti, IncOther TechnologySeed$50.6M93%
Beam Authentic, Inc.Other TechnologySeed$7.2M88%
Authentic Insurance Services, Inc.InsuranceSeries A$63.2M88%
Authentica Solutions, Inc.OtherSeries A$28.6M88%
Natrx, Inc.Other TechnologySeed$13.5M86%
MetaCX, Inc.Other TechnologySeries A$14.2M86%
SiDx, Inc.Other TechnologySeed$5.8M85%
Frequently asked
How much funding has Authenticx, Inc. raised?
Authenticx, Inc. has raised approximately $30.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Authenticx, Inc.'s estimated valuation?
Provath's modeled valuation for Authenticx, Inc. is approximately $275.4M (modeled range $52.7M–$660.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Authenticx, Inc. at?
Authenticx, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Dec 19.
What does Authenticx, Inc. do and where is it based?
Authenticx, Inc. operates in the Other Technology sector, based in INDIANAPOLIS.
Explore related

See where Authenticx, 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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