Companies · Other Technology

Blocknative Corp

Tiburon · Other Technology

Diligence memoA one-page analyst read on Blocknative Corp — recommendation, valuation, rhythm, risks.
$34.0M
Total raised · real
4
Rounds
1.2×
Latest step-up
Top 11%
Sector rank · raised
Series A
Latest stage · inferred · Tue Sep 13 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Blocknative Corp looks over-valued against its niche peers and is at-risk 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 3.40× the median modeled value of Series A Other Technology companies in 2022–2024 (1325 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.8 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.
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 Other Technology

Blocknative Corp is one of 21302 Other Technology companies tracked from Tiburon. By capital raised it ranks among the largest (ahead of 90% of sector peers), and in the upper tier 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
11
Investors (latest)
2018
Year incorporated
2022-09-13
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$125M$250M$375M$500MSeed · 2018-06-22 Raised $2.0M (real) Modeled valuation $68M (est)$2.0M$68MSeed2018Series A · 2020-07-10 Raised $5.0M (real) Modeled valuation $137M (est)$5.0M$137MSeries A2020Series A · 2021-06-23 Raised $12M (real) Modeled valuation $224M (est)$12M$224MSeries A2021Series A · 2022-09-13 Raised $15M (real) Modeled valuation $171M (est)$15M$171MSeries A2022+$5.0M+$12M+$15MCumulative $34M

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$2.0M · 2018
Series A$5.0M · 2020
Series A extension$12.0M · 2021
Series A extension$15.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$170.9M
Base estimate est.
$20.0M
Conservative case
$559.7M
Upside case
$68.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $68.1M · 2018-06-222018Series A · modeled $137.4M · 2020-07-10Series A · modeled $224.3M · 2021-06-23Series A · modeled $170.9M · 2022-09-132022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$8.0M/yr
Capital velocity
8.0 yr
On record since
2018
First round
4
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. 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) 11× above median
This company$34.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.6× above median
This company$15.0M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 4.6× above median
This company$170.9M
Sector median$37.3M

Raised more than 90% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #26 of 1,325.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Phylum, Inc. · Series A Raised $15.0M · modeled $222.5M (est)Keon Foundation Ltd. · Series A Raised $15.0M · modeled $212.1M (est)Remoteam Inc. · Series A Raised $14.3M · modeled $209.7M (est)MultiSafe, Inc. · Series A Raised $17.3M · modeled $208.8M (est)Careerian Inc. · Series A Raised $20.3M · modeled $204.1M (est)Continu Inc. · Series A Raised $13.5M · modeled $202.7M (est)Devron Corp · Series A Raised $16.8M · modeled $201.7M (est)RISC Zero, Inc. · Series A Raised $14.4M · modeled $199.8M (est)Pentagon Port LLC · Series A Raised $15.0M · modeled $198.9M (est)Amnic Inc. · Series A Raised $14.0M · modeled $198.4M (est)Intensivate Inc · Series A Raised $14.7M · modeled $190.5M (est)Ws Holdco, Pbc · Series A Raised $14.8M · modeled $188.4M (est)Blocknative Corp (this company) Raised $34.0M · modeled $170.9M (est)Blocknative Corp
CompanyStageRaised · realValue · estvs peer med.
Phylum, Inc.Series A$15.0M$222.5M4.42×
Keon Foundation Ltd.Series A$15.0M$212.1M4.22×
Remoteam Inc.Series A$14.3M$209.7M4.17×
MultiSafe, Inc.Series A$17.3M$208.8M4.15×
Careerian Inc.Series A$20.3M$204.1M4.06×
Continu Inc.Series A$13.5M$202.7M4.03×
Devron CorpSeries A$16.8M$201.7M4.01×
RISC Zero, Inc.Series A$14.4M$199.8M3.97×
Pentagon Port LLCSeries A$15.0M$198.9M3.96×
Amnic Inc.Series A$14.0M$198.4M3.95×
Intensivate IncSeries A$14.7M$190.5M3.79×
Ws Holdco, PbcSeries A$14.8M$188.4M3.75×
Blocknative Corp this companySeries A$34.0M$170.9M3.40×
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$2.0M2018-06-22$10.0M$68.1M90%
Series A$5.0M2020-07-10$22.7M$137.4M90%
Series A$12.0M2021-06-23$54.5M$224.3M90%
Series A$15.0M2022-09-13$68.2M$170.9M90%
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$2.0M2018-06-22
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series A$5.0M2020-07-10
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Series A$12.0M2021-06-23
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 14 investors on this round.
  4. Series A$15.0M2022-09-13
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~17mo cadence
$18.7M
Modeled next size est.range $15.0M$30.0M
1.2×
Last step-up
$8.0M/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
Seth Levine25 other2021-06
Niel Robertson5 other2021-06
Daniel Ruch3 other2021-06
SETH J LEVINE2 other2018-06
Chris J Meisl2020-07
Chris Meisl2021-06
Matt Cutler2021-06
Matthew J Cutler2018-06
Niel J Robertson2018-06
Spencer Bogart2021-06
Spencer P. Bogart2020-07
Registry & provenance

Blocknative Corp 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
1737269
SEC CIK
2018
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.

CompanySectorStageRaised · realValue · estWhy similar
Trada, Inc.Other TechnologySeries A$19.0M$27.7Mnetwork2 shared operators · same sector · same stage
Medialets, Inc.Other TechnologySeries A$33.3M$138.7Mnetwork1 shared operator · same sector · same stage
Admeld IncOther TechnologySeries A$21.0M$416.1Mnetwork1 shared operator · same sector · same stage
Rocketrip, Inc.Other TechnologySeries A$17.2M$249.7Mnetwork1 shared operator · same sector · same stage
Lijit Networks IncOther TechnologySeries A$16.7M$266.7Mnetwork1 shared operator · same sector · same stage
Beeswax.io CorpOther TechnologySeries A$13.3M$367.8Mnetwork1 shared operator · same sector · same stage
Avenue 81, Inc.Other TechnologySeries A$11.0M$166.4Mnetwork1 shared operator · same sector · same stage
Mandelbrot Project, Inc.Other TechnologySeries A$9.6M$138.7Mnetwork1 shared operator · same 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
Blockit Now, Inc.Other TechnologySeries A$63.1M91%
BlockID, Inc.Other TechnologySeries A$48.6M91%
BlockApps, Inc.Other TechnologySeries B$249.7M90%
BlockMarkets, Inc.Other TechnologyPre-Seed$6.4M90%
Blockstack Inc.Other TechnologySeries A$146.2M89%
BlockSpan Inc.Other TechnologyPre-Seed$1.1M89%
BlockGen Corp.Other TechnologySeries A$28.2M89%
Blocktorch Inc.Other TechnologySeed$40.8M88%
Frequently asked
How much funding has Blocknative Corp raised?
Blocknative Corp has raised approximately $34.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Blocknative Corp's estimated valuation?
Provath's modeled valuation for Blocknative Corp is approximately $170.9M (modeled range $20.0M–$559.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Blocknative Corp at?
Blocknative Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Sep 13.
What does Blocknative Corp do and where is it based?
Blocknative Corp operates in the Other Technology sector, based in Tiburon.
Explore related

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

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