Companies · Software / Tech

BioStream Technologies, LLC

WEST CHESTER · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on BioStream Technologies, LLC — recommendation, valuation, rhythm, risks.
$2.2M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 66%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Jul 11 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

BioStream Technologies, LLC 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 0.23× the median modeled value of Pre-Seed Software / Tech companies in 2022–2024 (288 peers) — value vs value, same stage and era.
Quiet
  • Last raise 24 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

BioStream Technologies, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
7.5 yr record
Peak capital year was 2018 with $1.9M across 3 filings.
Market position
ahead of 35% of Software / Tech peers
Capital scale is ahead of 35% of Software / Tech peers; modeled value is above 4% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2018: $1.9M across 3 filings.
  • Largest single filing was $875K on 2022-10-21.
  • Filing rows sum to $3.3M, while canonical raised total is $2.2M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

BioStream Technologies, LLC is one of 3920 Software / Tech companies tracked from WEST CHESTER. By capital raised it ranks in the long tail (ahead of 35% 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
1
Investors (latest)
2024-07-11
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$13M$25M$38M$50MPre-Seed · 2018-12-14 Raised $800K (real) Modeled valuation $34M (est)Pre-Seed2018Pre-Seed · 2018-12-14 Raised $400K (real) Modeled valuation $17M (est)Pre-Seed2018Pre-Seed · 2018-12-14 Raised $725K (real) Modeled valuation $31M (est)Pre-Seed2018Pre-Seed · 2022-10-21 Raised $875K (real) Modeled valuation $11M (est)Pre-Seed2022Pre-Seed · 2024-02-22 Raised $150K (real) Modeled valuation $880K (est)Pre-Seed2024Pre-Seed · 2024-04-12 Raised $200K (real) Modeled valuation $1.1M (est)Pre-Seed2024Pre-Seed · 2024-07-11 Raised $150K (real) Modeled valuation $715K (est)Pre-Seed2024+$400K+$725K+$875K+$150K+$200K+$150KCumulative $3.3M

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$800K · 2018
Pre-Seed extension$400K · 2018
Pre-Seed extension$725K · 2018
Pre-Seed extension$875K · 2022
Pre-Seed extension$150K · 2024
Pre-Seed extension$200K · 2024
Pre-Seed extension$150K · 2024

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

Modeled valuation trajectory
$715K
Base estimate est.
$98K
Conservative case
$2.4M
Upside case
$833K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $33.9M · 2018-12-142018Pre-Seed · modeled $16.9M · 2018-12-14Pre-Seed · modeled $30.7M · 2018-12-14Pre-Seed · modeled $10.6M · 2022-10-21Pre-Seed · modeled $880K · 2024-02-22Pre-Seed · modeled $1.1M · 2024-04-12Pre-Seed · modeled $715K · 2024-07-112024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.72×/yr
Annual markup
2.33×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$390K/yr
Capital velocity
7.5 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) 0.5× of median
This company$2.2M
Sector median$4.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.4× of median
This company$150K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$715K
Sector median$36.6M

Raised more than 35% of sector peers (real $). Modeled value above 4% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #267 of 288.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Nivelo Tech Inc. · Pre-Seed Raised $1.0M · modeled $17.6M (est)Iris Technology, Inc. · Pre-Seed Raised $1.0M · modeled $16.9M (est)Enki Labs, Inc. · Pre-Seed Raised $1.5M · modeled $14.4M (est)Basketball Training Systems, Inc. · Pre-Seed Raised $900K · modeled $14.4M (est)Digital Fabrication Workshop, Inc. · Pre-Seed Raised $1.0M · modeled $14.1M (est)PureCode Software, Inc. · Pre-Seed Raised $1000K · modeled $13.2M (est)PWA Labs, Inc. · Pre-Seed Raised $945K · modeled $12.7M (est)Departure Labs Inc · Pre-Seed Raised $675K · modeled $12.7M (est)Assistiv Labs, Inc. · Pre-Seed Raised $855K · modeled $12.6M (est)Amprius Technologies, Inc. · Pre-Seed Raised $1.0M · modeled $12.6M (est)Klutch Technologies Inc. · Pre-Seed Raised $840K · modeled $12.3M (est)Taco Labs Inc. · Pre-Seed Raised $752K · modeled $12.2M (est)BioStream Technologies, LLC (this company) Raised $2.2M · modeled $715K (est)BioStream Technologies, LLC
CompanyStageRaised · realValue · estvs peer med.
Nivelo Tech Inc.Pre-Seed$1.0M$17.6M5.69×
Iris Technology, Inc.Pre-Seed$1.0M$16.9M5.49×
Enki Labs, Inc.Pre-Seed$1.5M$14.4M4.67×
Basketball Training Systems, Inc.Pre-Seed$900K$14.4M4.67×
Digital Fabrication Workshop, Inc.Pre-Seed$1.0M$14.1M4.57×
PureCode Software, Inc.Pre-Seed$1000K$13.2M4.29×
PWA Labs, Inc.Pre-Seed$945K$12.7M4.12×
Departure Labs IncPre-Seed$675K$12.7M4.10×
Assistiv Labs, Inc.Pre-Seed$855K$12.6M4.10×
Amprius Technologies, Inc.Pre-Seed$1.0M$12.6M4.08×
Klutch Technologies Inc.Pre-Seed$840K$12.3M4.00×
Taco Labs Inc.Pre-Seed$752K$12.2M3.97×
BioStream Technologies, LLC this companyPre-Seed$2.2M$715K0.23×
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$800K2018-12-14$4.4M$33.9M90%
Pre-Seed$400K2018-12-14$2.2M$16.9M90%
Pre-Seed$725K2018-12-14$4.0M$30.7M90%
Pre-Seed$875K2022-10-21$4.9M$10.6M90%
Pre-Seed$150K2024-02-22$833K$880K90%
Pre-Seed$200K2024-04-12$1.1M$1.1M90%
Pre-Seed$150K2024-07-11$833K$715K90%
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$800K2018-12-14
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$400K2018-12-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  3. Pre-Seed$725K2018-12-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 4 investors on this round.
  4. Pre-Seed$875K2022-10-21
    • Raised again after 46 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  5. Pre-Seed$150K2024-02-22
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 5.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Pre-Seed$200K2024-04-12
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 1 investor on this round.
  7. Pre-Seed$150K2024-07-11
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~11mo cadence
$150K
Modeled next size est.range $150K$240K
0.8×
Last step-up
$390K/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
Harry Schiavi2018-12
Michael Farber2018-12
Stephen Clark2018-12
Registry & provenance

BioStream Technologies, LLC 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
1716551
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.

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OSN Technologies Corp.Software / TechPre-Seed$1.7M$2.4Msame sector · same stage
Arti Analytics, Inc.Software / TechPre-Seed$1.6M$934Ksame sector · same stage
VIC Technology Venture Development, LLCSoftware / TechPre-Seed$1.5M$1.9Msame sector · same stage
Metaworks Platforms, Inc.Software / TechPre-Seed$3.1M$752Ksame 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
Stream Systems LlcSoftware / TechPre-Seed$4.3M87%
BiObex, LLCOther TechnologyPre-Seed$10.6M85%
Onestream Software LlcSoftware / TechSeries D+$5.2B85%
Workstream Technologies, Inc.Software / TechSeries C$1.0B85%
Medstreaming, Inc.Other TechnologySeries B$689.1M84%
Stream.io, Inc.Software / TechSeries B$739.4M84%
BioLib, Inc.Other TechnologyPre-Seed$25.4M83%
Bioscape Digital, Inc.Software / TechPre-Seed$22.4M83%
Frequently asked
How much funding has BioStream Technologies, LLC raised?
BioStream Technologies, LLC has raised approximately $2.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is BioStream Technologies, LLC's estimated valuation?
Provath's modeled valuation for BioStream Technologies, LLC is approximately $715K (modeled range $98K–$2.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BioStream Technologies, LLC at?
BioStream Technologies, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Jul 11.
What does BioStream Technologies, LLC do and where is it based?
BioStream Technologies, LLC operates in the Software / Tech sector, based in WEST CHESTER.
Explore related

See where BioStream Technologies, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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