Companies · Manufacturing

Azure Dynamics Corp

OAK PARK · Manufacturing

Diligence memoA one-page analyst read on Azure Dynamics Corp — recommendation, valuation, rhythm, risks.
$60.1M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Thu Feb 10 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Azure Dynamics Corp looks fair against its niche peers and is dormant 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.

Fair
  • Modeled value is 1.02× the median modeled value of Series B Manufacturing companies in 2010–2012 (46 peers) — value vs value, same stage and era.
  • Within the normal band (102% of peer median) for its niche.
Dormant
  • Last raise 15.4 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
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

Azure Dynamics Corp is one of 3256 Manufacturing companies tracked from OAK PARK. By capital raised it ranks among the largest (ahead of 94% 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
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$500MSeries A · 2009-08-13 Raised $10M (real) Modeled valuation $100M (est)$10M$100MSeries A2009Series B · 2009-12-22 Raised $30M (real) Modeled valuation $329M (est)$30M$329MSeries B2009Series B · 2011-02-10 Raised $20M (real) Modeled valuation $221M (est)$20M$221MSeries B2011+$30M+$20MCumulative $60M

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 A$10.0M · 2009
Series B$30.0M · 2009
Series B extension$20.1M · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$220.7M
Base estimate est.
$51.3M
Conservative case
$849.2M
Upside case
$111.8M
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 manufacturing sector profile. Directional, not a quoted figure.

Series A · modeled $99.9M · 2009-08-132009Series B · modeled $328.9M · 2009-12-22Series B · modeled $220.7M · 2011-02-102011
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
46% low · 85% high
1.19×/yr
Annual markup
1.44×/yr upside case
6.0 yr
Elapsed time used
15.4 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$40.2M/yr
Capital velocity
16.9 yr
On record since
2009
First round
3
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) 30× above median
This company$60.1M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$20.1M
Sector median$18.5M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$220.7M
Sector median$12.0M

Raised more than 94% of sector peers (real $). Modeled value above 92% 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 #20 of 46.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)MPD Holdings, LLC · Series B Raised $42.7M · modeled $438.6M (est)CanAm Pennsylvania Regional Center, LP VII · Series B Raised $38.4M · modeled $420.6M (est)TMD Holdings, LLC · Series B Raised $38.2M · modeled $418.8M (est)Pexco Llc · Series B Raised $36.5M · modeled $400.2M (est)Foss Holdings, LLC · Series B Raised $38.6M · modeled $385.4M (est)Goodman Fielder Ltd /Fi · Series B Raised $30.7M · modeled $336.1M (est)Gulfco Holding Corp. · Series B Raised $59.1M · modeled $325.1M (est)FR AFG Holdings, Inc. · Series B Raised $29.4M · modeled $322.1M (est)Kovio Inc · Series B Raised $27.2M · modeled $298.2M (est)Velcon Holdings, LLC · Series B Raised $26.3M · modeled $288.7M (est)Associated Group Holdings, LLC · Series B Raised $35.2M · modeled $277.8M (est)Wheaton Holding Corp. · Series B Raised $24.6M · modeled $270.2M (est)Azure Dynamics Corp (this company) Raised $60.1M · modeled $220.7M (est)Azure Dynamics Corp
CompanyStageRaised · realValue · estvs peer med.
MPD Holdings, LLCSeries B$42.7M$438.6M2.03×
CanAm Pennsylvania Regional Center, LP VIISeries B$38.4M$420.6M1.94×
TMD Holdings, LLCSeries B$38.2M$418.8M1.94×
Pexco LlcSeries B$36.5M$400.2M1.85×
Foss Holdings, LLCSeries B$38.6M$385.4M1.78×
Goodman Fielder Ltd /FiSeries B$30.7M$336.1M1.55×
Gulfco Holding Corp.Series B$59.1M$325.1M1.50×
FR AFG Holdings, Inc.Series B$29.4M$322.1M1.49×
Kovio IncSeries B$27.2M$298.2M1.38×
Velcon Holdings, LLCSeries B$26.3M$288.7M1.33×
Associated Group Holdings, LLCSeries B$35.2M$277.8M1.28×
Wheaton Holding Corp.Series B$24.6M$270.2M1.25×
Azure Dynamics Corp this companySeries B$60.1M$220.7M1.02×
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 A$10.0M2009-08-13$45.5M$99.9M90%
Series B$30.0M2009-12-22$166.7M$328.9M90%
Series B$20.1M2011-02-10$111.8M$220.7M90%
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 A$10.0M2009-08-13
    • First recorded raise — entered as Series A.
  2. Series B$30.0M2009-12-22
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
  3. Series B$20.1M2011-02-10
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q4
Modeled next raise · ~9mo cadence
$20.1M
Modeled next size est.range $20.1M$32.2M
0.7×
Last step-up
$40.2M/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
Curt A. Huston2009-08
D. Campbell Deacon2009-08
D. Campbell T. Deacon2009-12
D. Campbell V. Deacon2011-02
Dennis A. Sharp2009-12
Dennis Sharp2009-08
James C. Gouin2011-02
James Gouin2009-08
James J. Padilla2011-02
J. Brian COlburn2009-08
J. Brian O. Colburn2011-02
John E. Formisano2011-02
Nichlas O. Brigstocke2011-02
Nicholas O. Brigstocke2009-08
Ronald V. Iacobelli2009-08
Ron V. Iacobelli2011-02
Ryan S. Carr2009-08
Scott T. Harrison2009-08
Registry & provenance

Azure Dynamics Corp 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
1417821
SEC CIK
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
Gulfco Holding Corp.ManufacturingSeries B$59.1M$325.1Msame sector · same stage
Plant Prefab, Inc.ManufacturingSeries B$63.7M$69.7Msame sector · same stage
Endera CorpManufacturingSeries B$55.9M$200.8Msame sector · same stage
FRX Polymers, Inc.ManufacturingSeries B$55.2M$248.3Msame sector · same stage
Lordstown Motors Corp.ManufacturingSeries B$55.1M$162.1Msame sector · same stage
Lumber Manufactory Inc.ManufacturingSeries B$53.1M$155.6Msame sector · same stage
Biosynthetic Technologies, LlcManufacturingSeries B$52.2M$181.0Msame sector · same stage
Global Bamboo Technologies Inc.ManufacturingSeries B$70.2M$78.1Msame sector · same stage
Frequently asked
How much funding has Azure Dynamics Corp raised?
Azure Dynamics Corp has raised approximately $60.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Azure Dynamics Corp's estimated valuation?
Provath's modeled valuation for Azure Dynamics Corp is approximately $220.7M (modeled range $51.3M–$849.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Azure Dynamics Corp at?
Azure Dynamics Corp's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Feb 10.
What does Azure Dynamics Corp do and where is it based?
Azure Dynamics Corp operates in the Manufacturing sector, based in OAK PARK.
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