Companies · Manufacturing

Azuna Inc.

BUFFALO · Manufacturing

Diligence memoA one-page analyst read on Azuna Inc. — recommendation, valuation, rhythm, risks.
$2.7M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 46%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jan 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Azuna 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 manufacturing 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 0.32× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.4 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.
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 Manufacturing

Azuna Inc. is one of 3256 Manufacturing companies tracked from BUFFALO. By capital raised it ranks mid-pack (ahead of 55% 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
3
Investors (latest)
2021
Year incorporated
2023-01-30
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$5.0M$10M$15M$20MPre-Seed · 2021-12-08 Raised $524K (real) Modeled valuation $4.7M (est)$524K$4.7MPre-Seed2021Seed · 2021-12-08 Raised $1.6M (real) Modeled valuation $13M (est)$1.6M$13MSeed2021Seed · 2022-09-15 Raised $625K (real) Modeled valuation $4.0M (est)$625K$4.0MSeed2022Seed · 2023-01-30 Raised $486K (real) Modeled valuation $2.8M (est)$486K$2.8MSeed2023+$1.6M+$625K+$486KCumulative $3.2M

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$524K · 2021
Seed$1.6M · 2021
Seed extension$625K · 2022
Seed extension$486K · 2023

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

Modeled valuation trajectory
$2.8M
Base estimate est.
$446K
Conservative case
$10.7M
Upside case
$2.4M
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 manufacturing sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $4.7M · 2021-12-082021Seed · modeled $12.8M · 2021-12-08Seed · modeled $4.0M · 2022-09-15Seed · modeled $2.8M · 2023-01-302023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$2.4M/yr
Capital velocity
4.6 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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$2.7M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$486K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.8M
Sector median$12.0M

Raised more than 55% of sector peers (real $). Modeled value above 19% 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 #137 of 161.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.7M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Azuna Inc. (this company) Raised $2.7M · modeled $2.8M (est)Azuna Inc.
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.7M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Azuna Inc. this companySeed$2.7M$2.8M0.32×
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$524K2021-12-08$2.9M$4.7M90%
Seed$1.6M2021-12-08$8.0M$12.8M90%
Seed$625K2022-09-15$3.1M$4.0M90%
Seed$486K2023-01-30$2.4M$2.8M90%
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$524K2021-12-08
    • First recorded raise — entered as Pre-Seed.
    • 14 investors on this round.
  2. Seed$1.6M2021-12-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× larger than the prior — scaling up.
    • 30 investors on this round.
  3. Seed$625K2022-09-15
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Seed$486K2023-01-30
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~5mo cadence
$486K
Modeled next size est.range $486K$778K
0.8×
Last step-up
$2.4M/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
Jack Greco2 other2022-09
Dan Mendez2022-09
Dan Sperrazza2022-09
Keith Greene2022-09
Scott Dancy2021-12
Registry & provenance

Azuna 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
1900732
SEC CIK
2021
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
Brownie's Marine Group, IncManufacturingSeed$2.7M$2.4Msame sector · same stage
Meesh & Mia Inc.ManufacturingSeed$2.6M$2.4Msame sector · same stage
Specialty Cups, Inc.ManufacturingSeed$2.6M$3.4Msame sector · same stage
Hammerton, Inc.ManufacturingSeed$2.6M$2.0Msame sector · same stage
Red Clay Provisions, LLCManufacturingSeed$2.6M$2.0Msame sector · same stage
Spintech Holdings, Inc.ManufacturingSeed$2.8M$2.0Msame sector · same stage
Summit Brewing CoManufacturingSeed$3.0M$2.5Msame sector · same stage
Field & Stream Pet Food Company, LlcManufacturingSeed$3.0M$2.2Msame 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
Soluna Holdings, IncManufacturingSeries B$3.3M87%
Azoth3D, Inc.ManufacturingSeed$10.2M83%
Rayva IncManufacturingPre-Seed$459K81%
Yava Alumina Inc.ManufacturingSeed$783K80%
Peachicana Products Inc.ManufacturingPre-Seed$15.3M80%
Camira Holdings LtdManufacturingSeries C$77.7M79%
GoSun Inc.ManufacturingPre-Seed$3.0M79%
Khor Holdings, Inc.ManufacturingSeed$6.2M78%
Frequently asked
How much funding has Azuna Inc. raised?
Azuna Inc. has raised approximately $2.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Azuna Inc.'s estimated valuation?
Provath's modeled valuation for Azuna Inc. is approximately $2.8M (modeled range $446K–$10.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Azuna Inc. at?
Azuna Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jan 30.
What does Azuna Inc. do and where is it based?
Azuna Inc. operates in the Manufacturing sector, based in BUFFALO.
Explore related

See where Azuna 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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