Diligence memo · auto-generated · as of July 2, 2026
Blocnets, Inc.
Blocnets, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Blocnets, Inc. operates in Computers, based in HUNTSVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Blocnets, Inc. has raised $1.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $739K on 2018-05-15.
Most recent recorded round closed around 2018-05-15.
Valuation (modeled)modeled
Provath models Blocnets, Inc. at approximately $37M (range $492K–$425M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.11× the median modeled value of Pre-Seed Computers companies in 2016–2018 (89 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 8.1 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 44% of Computers peers (1371 compared).
Modeled value ranks above 52% of those peers.
Closest niche peers: Ommo Technologies, Inc., DIVA Corp of America, Citizens Camera, LLC, Streamr Network Ltd, Sce Group Inc.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.