Diligence memo · auto-generated · as of July 2, 2026
Bitfo Inc.
Bitfo Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Bitfo Inc. operates in Other Technology, based in DALLAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bitfo Inc. has raised $1.9M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2022-11-30.
Most recent recorded round closed around 2022-11-30.
Valuation (modeled)modeled
Provath models Bitfo Inc. at approximately $16M (range $1.3M–$65M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Seed Other Technology companies in 2022–2024 (1103 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 3.6 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 3.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 39% of Other Technology peers (21302 compared).
Modeled value ranks above 32% of those peers.
Closest niche peers: Route Reports Inc., Assetario Inc., Integrated Cinematics Inc., Soundful, Inc., Modern Foundry, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.