Companies · Software / Tech

BitSight Technologies, Inc.

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

Diligence memoA one-page analyst read on BitSight Technologies, Inc. — recommendation, valuation, rhythm, risks.
$82.1M
Total raised · real
2
Rounds
2.7×
Latest step-up
Top 7%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jun 26 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

BitSight Technologies, Inc. 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 technology 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 1.20× the median modeled value of Series C Software / Tech companies in 2016–2018 (22 peers) — value vs value, same stage and era.
  • Within the normal band (120% of peer median) for its niche.
Dormant
  • Last raise 8.0 yr ago; this sector typically re-raises about every 13 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 Software / Tech

BitSight Technologies, Inc. is one of 3920 Software / Tech companies tracked from CAMBRIDGE. 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
Rule 506(b)
Reg D exemption
12
Investors (latest)
2018-06-26
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$500M$1.0B$1.5B$2.0BSeries B · 2013-05-22 Raised $22M (real) Modeled valuation $672M (est)$22M$672MSeries B2013Series C · 2018-06-26 Raised $60M (real) Modeled valuation $1.9B (est)$60M$1.9BSeries C2018+$60MCumulative $82M

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 B$22.1M · 2013
Series C$60.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$1.9B
Base estimate est.
$227.4M
Conservative case
$5.0B
Upside case
$400.0M
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.

Series B · modeled $672.3M · 2013-05-222013Series C · modeled $1.9B · 2018-06-262018
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
6.0 yr
Elapsed time used
8.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
61 mo
Avg between rounds
$16.1M/yr
Capital velocity
13.1 yr
On record since
2013
First round
2
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) 18× above median
This company$82.1M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.2× above median
This company$60.0M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 52× above median
This company$1.9B
Sector median$36.6M

Raised more than 94% of sector peers (real $). Modeled value above 98% 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 #7 of 22.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Concierge Technologies Inc · Series C Raised $88.5M · modeled $2.7B (est)Sauce Labs Inc · Series C Raised $71.8M · modeled $2.2B (est)Peloton Technology, Inc. · Series C Raised $82.8M · modeled $2.1B (est)Liquidmetal Technologies Inc · Series C Raised $120.5M · modeled $2.0B (est)Xirgo Technologies Intermediate Holdings, LLC · Series C Raised $60.6M · modeled $1.9B (est)Helios & Matheson Analytics Inc. · Series C Raised $187.8M · modeled $1.9B (est)Accommodations Plus Technologies Holdings LLC · Series C Raised $59.5M · modeled $1.9B (est)Axonics Modulation Technologies, Inc. · Series C Raised $124.4M · modeled $1.7B (est)Software Is Correct Inc. · Series C Raised $73.4M · modeled $1.6B (est)Kryptoin Etf Systems, Corp · Series C Raised $50.0M · modeled $1.6B (est)Greenhouse Software, Inc. · Series C Raised $94.2M · modeled $1.6B (est)BitSight Technologies, Inc. (this company) Raised $82.1M · modeled $1.9B (est)BitSight Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Concierge Technologies IncSeries C$88.5M$2.7B1.71×
Sauce Labs IncSeries C$71.8M$2.2B1.41×
Peloton Technology, Inc.Series C$82.8M$2.1B1.31×
Liquidmetal Technologies IncSeries C$120.5M$2.0B1.27×
Xirgo Technologies Intermediate Holdings, LLCSeries C$60.6M$1.9B1.21×
Helios & Matheson Analytics Inc.Series C$187.8M$1.9B1.20×
BitSight Technologies, Inc. this companySeries C$82.1M$1.9B1.20×
Accommodations Plus Technologies Holdings LLCSeries C$59.5M$1.9B1.19×
Axonics Modulation Technologies, Inc.Series C$124.4M$1.7B1.10×
Software Is Correct Inc.Series C$73.4M$1.6B1.04×
Kryptoin Etf Systems, CorpSeries C$50.0M$1.6B1.00×
Greenhouse Software, Inc.Series C$94.2M$1.6B1.00×
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 B$22.1M2013-05-22$122.6M$672.3M85%
Series C$60.0M2018-06-26$400.0M$1.9B90%
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 B$22.1M2013-05-22
    • First recorded raise — entered as Series B.
    • 15 investors on this round.
  2. Series C$60.0M2018-06-26
    • Raised again after 61 mo — slower than the ~13 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 12 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~61mo cadence
$163.1M
Modeled next size est.range $106.0M$260.9M
2.7×
Last step-up
$16.1M/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
Venky Ganesan12 other2013-05
David Aronoff6 other2013-05
David T Aronoff1 other2018-06
Brendan T Hanningan2018-06
Brian T Cohen2018-06
Cary T Davis2018-06
David Fachetti2013-05
David T Fachetti2018-06
Elizabeth T Fischer2018-06
Glenn T Solomon2018-06
Nagarjuna T Venna2018-06
Nagarjuna Venna2013-05
Robert T Turner2018-06
Shaun McConnon2013-05
Shaun T McConnon2018-06
Stephen Boyer2013-05
Stephen T Boyer2018-06
Venky T Ganesan2018-06
Registry & provenance

BitSight Technologies, 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
1577339
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
Kyte Technologies, Inc.Software / TechSeries C$81.4M$1.8Bsame sector · same stage
Peloton Technology, Inc.Software / TechSeries C$82.8M$2.1Bsame sector · same stage
Sortera Technologies, Inc.Software / TechSeries C$81.3M$802.2Msame sector · same stage
Bit Digital, IncSoftware / TechSeries C$81.1M$1.7Bsame sector · same stage
Cherwell Software, LLCSoftware / TechSeries C$83.3M$2.6Bsame sector · same stage
Cohere Technologies, Inc.Software / TechSeries C$84.7M$1.0Bsame sector · same stage
Dell Technologies IncSoftware / TechSeries C$85.5M$1.1Bsame sector · same stage
CloudHealth Technologies, Inc.Software / TechSeries C$78.1M$1.4Bsame 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
mLight Tech, Inc.Software / TechPre-Seed$5.6M88%
Caplight Technologies, Inc.Software / TechSeries A$36.0M87%
Plainsight Technologies Inc.Software / TechSeries A$68.3M87%
Bit Digital, IncSoftware / TechSeries C$1.7B86%
Light Labs Technologies, Inc.Software / TechSeries A$62.6M85%
Nlight, Inc.Other TechnologySeries B$785.0M84%
Hydreight Technologies Inc.Software / TechSeed$1.3M84%
Allvision IO, Inc.Software / TechSeed$82.1M84%
Frequently asked
How much funding has BitSight Technologies, Inc. raised?
BitSight Technologies, Inc. has raised approximately $82.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is BitSight Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for BitSight Technologies, Inc. is approximately $1.9B (modeled range $227.4M–$5.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BitSight Technologies, Inc. at?
BitSight Technologies, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jun 26.
What does BitSight Technologies, Inc. do and where is it based?
BitSight Technologies, Inc. operates in the Software / Tech sector, based in CAMBRIDGE.
Explore related

See where BitSight Technologies, 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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