Companies · Software / Tech

Blexx Technology, LLC

Madison · Software / Tech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Blexx Technology, LLC — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
2
Rounds
4.2×
Latest step-up
Top 77%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Mar 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Blexx Technology, LLC looks over-valued 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.

Over-valued
  • Modeled value is 2.14× the median modeled value of Pre-Seed Software / Tech companies in 2019–2021 (307 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.3 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal 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

Blexx Technology, 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
6.0 yr record
Peak capital year was 2021 with $832K across 1 filings.
Market position
ahead of 24% of Software / Tech peers
Capital scale is ahead of 24% of Software / Tech peers; modeled value is above 43% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2021: $832K across 1 filings.
  • Largest single filing was $832K on 2021-03-01.
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.
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

Blexx Technology, LLC is one of 3920 Software / Tech companies tracked from Madison. By capital raised it ranks in the long tail (ahead of 24% 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
5
Investors (latest)
2017
Year incorporated
2021-03-01
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 · 2020-07-10 Raised $200K (real) Modeled valuation $8.4M (est)$200K$8.4MPre-Seed2020Pre-Seed · 2021-03-01 Raised $832K (real) Modeled valuation $25M (est)$832K$25MPre-Seed2021+$832KCumulative $1.0M

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$200K · 2020
Pre-Seed extension$832K · 2021

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

Modeled valuation trajectory
$24.5M
Base estimate est.
$544K
Conservative case
$227.3M
Upside case
$4.6M
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 $8.4M · 2020-07-102020Pre-Seed · modeled $24.5M · 2021-03-012021
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
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$1.6M/yr
Capital velocity
6.0 yr
On record since
2020
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) 0.2× of median
This company$1.0M
Sector median$4.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.4× above median
This company$832K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$24.5M
Sector median$36.6M

Raised more than 24% of sector peers (real $). Modeled value above 43% 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 #51 of 307.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Spectric Labs Inc · Pre-Seed Raised $1.0M · modeled $42.4M (est)Sidehustle App, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Backbone Labs, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)AGAE Technologies LLC · Pre-Seed Raised $1.1M · modeled $42.4M (est)Asius Technologies, Llc · Pre-Seed Raised $1.4M · modeled $42.4M (est)1638 Digital Partners, LP · Pre-Seed Raised $1.0M · modeled $42.4M (est)Groundbreaker Technologies Inc. · Pre-Seed Raised $2.0M · modeled $42.4M (est)DLO Digital Loans, Inc. · Pre-Seed Raised $1.0M · modeled $42.3M (est)Owl Peak Technologies, Inc · Pre-Seed Raised $1.0M · modeled $42.3M (est)Datum Tech, Inc. · Pre-Seed Raised $950K · modeled $40.2M (est)Aurora Labs, Inc. · Pre-Seed Raised $1.1M · modeled $40.2M (est)Everfit Technologies Inc. · Pre-Seed Raised $900K · modeled $38.1M (est)Blexx Technology, LLC (this company) Raised $1.0M · modeled $24.5M (est)Blexx Technology, LLC
CompanyStageRaised · realValue · estvs peer med.
Spectric Labs IncPre-Seed$1.0M$42.4M3.69×
Sidehustle App, Inc.Pre-Seed$1.0M$42.4M3.69×
Backbone Labs, Inc.Pre-Seed$1.0M$42.4M3.69×
AGAE Technologies LLCPre-Seed$1.1M$42.4M3.69×
Asius Technologies, LlcPre-Seed$1.4M$42.4M3.69×
1638 Digital Partners, LPPre-Seed$1.0M$42.4M3.69×
Groundbreaker Technologies Inc.Pre-Seed$2.0M$42.4M3.69×
DLO Digital Loans, Inc.Pre-Seed$1.0M$42.3M3.69×
Owl Peak Technologies, IncPre-Seed$1.0M$42.3M3.69×
Datum Tech, Inc.Pre-Seed$950K$40.2M3.51×
Aurora Labs, Inc.Pre-Seed$1.1M$40.2M3.51×
Everfit Technologies Inc.Pre-Seed$900K$38.1M3.32×
Blexx Technology, LLC this companyPre-Seed$1.0M$24.5M2.14×
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$200K2020-07-10$1.1M$8.4M90%
Pre-Seed$832K2021-03-01$4.6M$24.5M90%
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$200K2020-07-10
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$832K2021-03-01
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2021 ~Q4
Modeled next raise · ~8mo cadence
$2.5M
Modeled next size est.range $1.6M$4.0M
4.2×
Last step-up
$1.6M/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
Erin Tenderholt2020-07
Registry & provenance

Blexx Technology, 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
1817344
SEC CIK
2017
Incorporated
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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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
BLA Technology, LLCSoftware / TechSeed$45.3M88%
MediCool Technologies, Inc.Software / TechPre-Seed$26.0M84%
BRIUS Technologies, Inc.Software / TechSeries B$109.9M83%
BC3 Technologies, Inc.Software / TechSeed$2.6M83%
SomnoMed Technologies Inc.Software / TechPre-Seed$3.7M83%
Eazyscripts Technology, LLCSoftware / TechSeed$51.1M82%
Holobeam Technologies Inc.Software / TechSeries B$128.3M82%
Brevitest Technologies, Inc.Software / TechSeed$73.3M82%
Frequently asked
How much funding has Blexx Technology, LLC raised?
Blexx Technology, LLC has raised approximately $1.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Blexx Technology, LLC's estimated valuation?
Provath's modeled valuation for Blexx Technology, LLC is approximately $24.5M (modeled range $544K–$227.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Blexx Technology, LLC at?
Blexx Technology, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Mar 01.
What does Blexx Technology, LLC do and where is it based?
Blexx Technology, LLC operates in the Software / Tech sector, based in Madison.
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