Companies · Other Technology

Boka Sciences, Inc.

Holladay · Other Technology

Diligence memoA one-page analyst read on Boka Sciences, Inc. — recommendation, valuation, rhythm, risks.
$2.1M
Total raised · real
3
Rounds
3.7×
Latest step-up
Top 59%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jun 18 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Boka Sciences, Inc. looks under-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.

Under-valued
  • Modeled value is 0.62× the median modeled value of Seed Other Technology companies in 2016–2018 (1024 peers) — value vs value, same stage and era.
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 Other Technology

Boka Sciences, Inc. is one of 21292 Other Technology companies tracked from Holladay. By capital raised it ranks mid-pack (ahead of 42% 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
19
Investors (latest)
2018-06-18
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 · 2008-11-17 Raised $785K (real) Modeled valuation $33M (est)$785K$33MPre-Seed2008Pre-Seed · 2009-09-16 Raised $489K (real) Modeled valuation $21M (est)$489K$21MPre-Seed2009Pre-Seed · 2011-04-27 Raised $520K (real) Modeled valuation $22M (est)$520K$22MPre-Seed2011Pre-Seed · 2011-04-27 Raised $130K (real) Modeled valuation $5.5M (est)$130K$5.5MPre-Seed2011Pre-Seed · 2018-06-18 Raised $285K (real) Modeled valuation $12M (est)$285K$12MPre-Seed2018Seed · 2018-06-18 Raised $1.1M (real) Modeled valuation $36M (est)$1.1M$36MSeed2018+$489K+$520K+$130K+$285K+$1.1MCumulative $3.3M

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$785K · 2008
Pre-Seed extension$489K · 2009
Pre-Seed extension$520K · 2011
Pre-Seed extension$130K · 2011
Pre-Seed extension$285K · 2018
Seed$1.1M · 2018

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

Modeled valuation trajectory
$35.8M
Base estimate est.
$926K
Conservative case
$280.7M
Upside case
$5.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $33.3M · 2008-11-172008Pre-Seed · modeled $20.7M · 2009-09-16Pre-Seed · modeled $22.0M · 2011-04-27Pre-Seed · modeled $5.5M · 2011-04-27Pre-Seed · modeled $12.1M · 2018-06-18Seed · modeled $35.8M · 2018-06-182018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/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
23 mo
Avg between rounds
$215K/yr
Capital velocity
17.6 yr
On record since
2008
First round
6
Rounds on file
How it compares to the market

Benchmarked against 21292 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) 0.6× of median
This company$2.1M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.1M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$35.8M
Sector median$37.3M

Raised more than 42% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #788 of 1,024.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Modern Teacher LLC · Seed Raised $4.0M · modeled $136.3M (est)OneDine, LLC · Seed Raised $4.0M · modeled $136.3M (est)Pixobot, Inc. · Seed Raised $4.7M · modeled $136.3M (est)SubVRsive, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Red Lambda, Inc. · Seed Raised $9.2M · modeled $136.3M (est)Lea, Llc · Seed Raised $4.0M · modeled $136.3M (est)Homebot, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Watershed Systems, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Bivarus, Inc. · Seed Raised $8.3M · modeled $136.3M (est)Salcido Enterprises, LLC · Seed Raised $5.1M · modeled $136.3M (est)RSV QOZB Rural, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Punchbowl, Inc. · Seed Raised $5.6M · modeled $136.3M (est)Boka Sciences, Inc. (this company) Raised $2.1M · modeled $35.8M (est)Boka Sciences, Inc.
CompanyStageRaised · realValue · estvs peer med.
Modern Teacher LLCSeed$4.0M$136.3M2.36×
OneDine, LLCSeed$4.0M$136.3M2.36×
Pixobot, Inc.Seed$4.7M$136.3M2.36×
SubVRsive, Inc.Seed$4.0M$136.3M2.36×
Red Lambda, Inc.Seed$9.2M$136.3M2.36×
Lea, LlcSeed$4.0M$136.3M2.36×
Homebot, Inc.Seed$4.0M$136.3M2.36×
Watershed Systems, Inc.Seed$4.0M$136.3M2.36×
Bivarus, Inc.Seed$8.3M$136.3M2.36×
Salcido Enterprises, LLCSeed$5.1M$136.3M2.36×
RSV QOZB Rural, Inc.Seed$4.0M$136.3M2.36×
Punchbowl, Inc.Seed$5.6M$136.3M2.36×
Boka Sciences, Inc. this companySeed$2.1M$35.8M0.62×
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$785K2008-11-17$4.4M$33.3M85%
Pre-Seed$489K2009-09-16$2.7M$20.7M85%
Pre-Seed$520K2011-04-27$2.9M$22.0M85%
Pre-Seed$130K2011-04-27$722K$5.5M85%
Pre-Seed$285K2018-06-18$1.6M$12.1M90%
Seed$1.1M2018-06-18$5.3M$35.8M90%
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$785K2008-11-17
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$489K2009-09-16
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Pre-Seed$520K2011-04-27
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  4. Pre-Seed$130K2011-04-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  5. Pre-Seed$285K2018-06-18
    • Raised again after 86 mo — slower than the ~13 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 10 investors on this round.
  6. Seed$1.1M2018-06-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.7× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~23mo cadence
$3.1M
Modeled next size est.range $2.0M$5.0M
3.7×
Last step-up
$215K/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
Frank Foster11 other2008-11
Stephen Watkins3 other2008-11
Branden Rosenhan2 other2018-06
Frank Bellizzi1 other2008-11
Andrew Byars2008-11
Grant Donovan2018-06
Porter Jones2018-06
Registry & provenance

Boka Sciences, 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
1451032
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
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Pierry, Inc.Other TechnologySeed$2.1M$36.5Msame sector · same stage
FindKeepLove Inc.Other TechnologySeed$2.0M$36.1Msame 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
Bosonic, Inc.Other TechnologySeries A$153.3M87%
Niobium Microsystems, Inc.Other TechnologySeries A$53.7M86%
BosonQ Psi Corp.Other TechnologySeed$13.1M85%
Ureka Science Inc.Other TechnologyPre-Seed$6.4M85%
roobrik, inc.Other TechnologySeed$34.4M85%
Koobz, Inc.Other TechnologySeries A$27.1M84%
Core Scientific, Inc.Other TechnologySeries D+$7.9B84%
BIkayi, Inc.Other TechnologySeries A$227.8M84%
Frequently asked
How much funding has Boka Sciences, Inc. raised?
Boka Sciences, Inc. has raised approximately $2.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Boka Sciences, Inc.'s estimated valuation?
Provath's modeled valuation for Boka Sciences, Inc. is approximately $35.8M (modeled range $926K–$280.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Boka Sciences, Inc. at?
Boka Sciences, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jun 18.
What does Boka Sciences, Inc. do and where is it based?
Boka Sciences, Inc. operates in the Other Technology sector, based in Holladay.
Explore related

See where Boka Sciences, 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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