Diligence memo · auto-generated · as of July 2, 2026
Avadim Technologies Inc
Avadim Technologies Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Avadim Technologies Inc operates in Software / Tech, based in ASHEVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Avadim Technologies Inc has raised $84M in disclosed capital across 46 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2017-03-15.
Most recent recorded round closed around 2020-04-27.
Filings read as a recurring offering program rather than a clean venture-stage ladder — interpret stage labels and step-ups with that in mind.
Valuation (modeled)modeled
Provath models Avadim Technologies Inc at approximately $3.6M (range $286K–$14M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Software / Tech companies in 2019–2021 (142 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 6.2 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Software / Tech peers (3920 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: Trackonomy Systems, Inc., Tray.IO Inc., Unravel Data Systems, Inc., Salus Labs, Inc., Anchor Labs, Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.
Recurring-offering pattern: stage-based valuation has lower applicability.