Companies · Software / Tech

Baron App, Inc.

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

Diligence memoA one-page analyst read on Baron App, Inc. — recommendation, valuation, rhythm, risks.
$187.8M
Total raised · real
7
Rounds
0.1×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 13 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Baron App, Inc. looks under-valued against its niche peers and is quiet 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.

Under-valued
  • Modeled value is 0.04× the median modeled value of Series C Software / Tech companies in 2022–2024 (55 peers) — value vs value, same stage and era.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Software / Tech

Baron App, Inc. is one of 3920 Software / Tech companies tracked from CHICAGO. By capital raised it ranks among the largest (ahead of 98% of sector peers), and mid-pack 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)
2024-12-13
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$1.3B$2.5B$3.8B$5.0BSeed · 2018-01-24 Raised $3.2M (real) Modeled valuation $109M (est)Seed2018Series A · 2018-11-09 Raised $12M (real) Modeled valuation $333M (est)Series A2018Series C · 2019-06-17 Raised $49M (real) Modeled valuation $1.5B (est)Series C2019Series C · 2021-03-17 Raised $83M (real) Modeled valuation $2.1B (est)Series C2021Series C · 2021-08-18 Raised $13M (real) Modeled valuation $287M (est)Series C2021Series C · 2024-03-13 Raised $25M (real) Modeled valuation $257M (est)Series C2024Series C · 2024-12-13 Raised $2.9M (real) Modeled valuation $24M (est)Series C2024+$12M+$49M+$83M+$13M+$25M+$2.9MCumulative $188M

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
Seed$3.2M · 2018
Series A$12.0M · 2018
Series C$49.0M · 2019no Series B on file
Series C extension$82.7M · 2021
Series C extension$12.9M · 2021
Series C extension$25.1M · 2024
Series C extension$2.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$23.8M
Base estimate est.
$11.1M
Conservative case
$33.9M
Upside case
$19.4M
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.

Seed · modeled $109.4M · 2018-01-242018Series A · modeled $332.9M · 2018-11-09Series C · modeled $1.5B · 2019-06-17Series C · modeled $2.1B · 2021-03-17Series C · modeled $287.3M · 2021-08-18Series C · modeled $256.8M · 2024-03-13Series C · modeled $23.8M · 2024-12-132024
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
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$27.3M/yr
Capital velocity
8.4 yr
On record since
2018
First round
7
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) 41× above median
This company$187.8M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$2.9M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$23.8M
Sector median$36.6M

Raised more than 98% of sector peers (real $). Modeled value above 42% 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 #52 of 55.

This companyCohort peer
$10.0M$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)Atlas Technology Solutions Inc. · Series C Raised $95.0M · 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)Baron App, Inc. (this company) Raised $187.8M · modeled $23.8M (est)Baron App, 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.Series 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×
Baron App, Inc. this companySeries C$187.8M$23.8M0.04×
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.
Seed$3.2M2018-01-24$16.1M$109.4M90%
Series A$12.0M2018-11-09$54.5M$332.9M90%
Series C$49.0M2019-06-17$326.7M$1.5B90%
Series C$82.7M2021-03-17$551.2M$2.1B90%
Series C$12.9M2021-08-18$85.9M$287.3M90%
Series C$25.1M2024-03-13$167.3M$256.8M90%
Series C$2.9M2024-12-13$19.4M$23.8M90%
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. Seed$3.2M2018-01-24
    • First recorded raise — entered as Seed.
    • 22 investors on this round.
  2. Series A$12.0M2018-11-09
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 15 investors on this round.
  3. Series C$49.0M2019-06-17
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Series C$82.7M2021-03-17
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 49 investors on this round.
  5. Series C$12.9M2021-08-18
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 6.4× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  6. Series C$25.1M2024-03-13
    • Raised again after 31 mo — slower than the ~13 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 21 investors on this round.
  7. Series C$2.9M2024-12-13
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 8.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~14mo cadence
$2.9M
Modeled next size est.range $2.9M$4.7M
0.1×
Last step-up
$27.3M/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
Jonathan Shulkin16 other2024-03
Ilya Fushman10 other2019-06
Bing Gordon4 other2024-12
Richard Rosenblatt4 other2021-03
Nicole Quinn3 other2018-11
Jonathan Turner2 other2021-03
Arthur Leopold1 other2018-11
Brian Frank1 other2021-03
Dave Hsu1 other2024-03
Deborah Schwartz1 other2021-03
Earvin Johnson, Jr.1 other2021-08
Ezra Galston1 other2018-01
Amy Singh2019-06
Debra Schwartz2021-08
Devon Townsend2018-01
Eric Fleisig-Greene2024-03
IIya Fushman2021-08
Jackson Jhin2019-06
Martin Blencowe2018-01
Robert Post2021-03
Steven Galanis2018-01
Registry & provenance

Baron App, 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
1730886
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
Zumper, Inc.Other TechnologySeries C$172.2M$575.3Mnetwork2 shared operators · same stage
CareSave Technologies, Inc.Software / TechSeries C$174.6M$28.8Msame sector · same stage
Optimizely, Inc.AI / MLSeries C$201.4M$2.0Bnetwork1 shared operator · same stage
Motive Technologies, Inc.Software / TechSeries D+$408.0M$1.4Bnetwork1 shared operator · same sector
Foursquare Labs, Inc.Software / TechSeries C$319.0M$28.1Msame sector · same stage
Pilot.com, Inc.Other TechnologySeries C$149.2M$761.4Mnetwork1 shared operator · same stage
Calm.com, Inc.Other TechnologySeries C$129.6M$1.1Bnetwork1 shared operator · same stage
Flipboard, Inc.Other TechnologySeries C$125.5M$433.6Mnetwork1 shared operator · 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
Digital Baron, LLCSoftware / TechPre-Seed$9.7M91%
Plato Technologies IncSoftware / TechPre-Seed$652K83%
Dragon Army Apps LLCSoftware / TechPre-Seed$13.8M82%
Axel Technologies, LLCSoftware / TechSeries A$132.7M82%
Sidehustle App, Inc.Software / TechPre-Seed$42.4M81%
Toot App, Inc.Software / TechSeed$37.9M81%
Axela Technologies, Inc.Software / TechSeries A$89.7M81%
Tandem App, Inc.Software / TechSeed$12.7M81%
Frequently asked
How much funding has Baron App, Inc. raised?
Baron App, Inc. has raised approximately $187.8M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Baron App, Inc.'s estimated valuation?
Provath's modeled valuation for Baron App, Inc. is approximately $23.8M (modeled range $11.1M–$33.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Baron App, Inc. at?
Baron App, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 13.
What does Baron App, Inc. do and where is it based?
Baron App, Inc. operates in the Software / Tech sector, based in CHICAGO.
Explore related

See where Baron App, 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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