Companies · Software / Tech

Boardwalktech Software Corp.

CUPERTINO · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on Boardwalktech Software Corp. — recommendation, valuation, rhythm, risks.
$1.3M
Total raised · real
4
Rounds
1.0×
Latest step-up
Top 74%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Mar 10 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Boardwalktech Software Corp. 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 1.87× 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 6.3 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

Boardwalktech Software Corp. is one of 3920 Software / Tech companies tracked from CUPERTINO. By capital raised it ranks in the long tail (ahead of 27% 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
2
Investors (latest)
2018
Year incorporated
2020-03-10
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 · 2019-02-22 Raised $147K (real) Modeled valuation $6.2M (est)$147K$6.2MPre-Seed2019Pre-Seed · 2019-04-09 Raised $129K (real) Modeled valuation $5.4M (est)$129K$5.4MPre-Seed2019Pre-Seed · 2019-11-27 Raised $532K (real) Modeled valuation $23M (est)$532K$23MPre-Seed2019Pre-Seed · 2020-03-10 Raised $507K (real) Modeled valuation $21M (est)$507K$21MPre-Seed2020+$129K+$532K+$507KCumulative $1.3M

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$147K · 2019
Pre-Seed extension$129K · 2019
Pre-Seed extension$532K · 2019
Pre-Seed extension$507K · 2020

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

Modeled valuation trajectory
$21.5M
Base estimate est.
$331K
Conservative case
$243.3M
Upside case
$2.8M
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 $6.2M · 2019-02-222019Pre-Seed · modeled $5.4M · 2019-04-09Pre-Seed · modeled $22.5M · 2019-11-27Pre-Seed · modeled $21.5M · 2020-03-102020
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
6.0 yr
Elapsed time used
6.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$1.3M/yr
Capital velocity
7.4 yr
On record since
2019
First round
4
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) 0.3× of median
This company$1.3M
Sector median$4.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.4× above median
This company$507K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$21.5M
Sector median$36.6M

Raised more than 27% of sector peers (real $). Modeled value above 40% 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 #61 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)Boardwalktech Software Corp. (this company) Raised $1.3M · modeled $21.5M (est)Boardwalktech Software Corp.
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×
Boardwalktech Software Corp. this companyPre-Seed$1.3M$21.5M1.87×
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$147K2019-02-22$816K$6.2M90%
Pre-Seed$129K2019-04-09$714K$5.4M90%
Pre-Seed$532K2019-11-27$3.0M$22.5M90%
Pre-Seed$507K2020-03-10$2.8M$21.5M90%
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$147K2019-02-22
    • First recorded raise — entered as Pre-Seed.
    • 6 investors on this round.
  2. Pre-Seed$129K2019-04-09
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  3. Pre-Seed$532K2019-11-27
    • Came back fast: 8 mo vs the ~13 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 3 investors on this round.
  4. Pre-Seed$507K2020-03-10
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~4mo cadence
$507K
Modeled next size est.range $507K$810K
1.0×
Last step-up
$1.3M/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
Steven Parry3 other2019-02
Steve Bennet1 other2019-11
Andrew Duncan2019-02
Charlie Glavin2019-02
Dharmesh Dadbhala2019-02
Glenn Cordingley2019-02
James B. Kuppe2019-02
Ravi (Ganesh) Krishnan2019-02
Sarang B. Kulkarni2019-11
Sarang Kulkarni2019-02
Registry & provenance

Boardwalktech Software 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
1769626
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
Genesis Software Innovations, LLCSoftware / TechPre-Seed$1.4M$18.1Msame sector · same stage
Truly M.A.D. Labs, Inc.Software / TechPre-Seed$1.4M$21.2Msame sector · same stage
Cognitive Operational Systems, Inc.Software / TechPre-Seed$1.4M$23.3Msame sector · same stage
SOA Labs, Inc.Software / TechPre-Seed$1.2M$17.3Msame sector · same stage
RFID Software Solutions LLCSoftware / TechPre-Seed$1.5M$19.7Msame sector · same stage
Bucket Technologies, Inc.Software / TechPre-Seed$1.1M$16.9Msame sector · same stage
SimCore Technologies, LLCSoftware / TechPre-Seed$1.1M$25.4Msame sector · same stage
3E Software, Inc.Software / TechPre-Seed$1.6M$25.4Msame 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
Sparta Software CorpSoftware / TechSeries B$54.7M83%
Cyware Labs, Inc.Software / TechSeries B$300.6M80%
Shoreline Software, Inc.Software / TechSeries B$584.1M80%
CMS Technology, Inc.Software / TechSeries B$28.9M80%
Sea Street Technologies, Inc.Software / TechSeries B$233.2M79%
Oyster Technology Group LLCSoftware / TechPre-Seed$5.7M79%
Cambridge Technologies LLCSoftware / TechSeed$119.3M79%
Linen Software Inc.Software / TechPre-Seed$1.1M79%
Frequently asked
How much funding has Boardwalktech Software Corp. raised?
Boardwalktech Software Corp. has raised approximately $1.3M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Boardwalktech Software Corp.'s estimated valuation?
Provath's modeled valuation for Boardwalktech Software Corp. is approximately $21.5M (modeled range $331K–$243.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Boardwalktech Software Corp. at?
Boardwalktech Software Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Mar 10.
What does Boardwalktech Software Corp. do and where is it based?
Boardwalktech Software Corp. operates in the Software / Tech sector, based in CUPERTINO.
Explore related

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