Companies · Other

C-Combinator, A Public Benefit Corp

BOSTON · Other

Diligence memoA one-page analyst read on C-Combinator, A Public Benefit Corp — recommendation, valuation, rhythm, risks.
$9.3M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jul 10 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

C-Combinator, A Public Benefit Corp looks under-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.

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 0.03× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
At-risk
  • Last raise 24 mo ago; this sector typically re-raises about every 11 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

C-Combinator, A Public Benefit Corp is one of 25015 Other companies tracked from BOSTON. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and in the long tail 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
2020
Year incorporated
2024-07-10
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$25M$50M$75M$100MSeries A · 2022-12-19 Raised $5.0M (real) Modeled valuation $36M (est)$5.0M$36MSeries A2022Series A · 2022-12-19 Raised $9.0M (real) Modeled valuation $65M (est)$9.0M$65MSeries A2022Series A · 2024-07-10 Raised $300K (real) Modeled valuation $1.4M (est)$300K$1.4MSeries A2024Pre-Seed · 2024-07-10 Raised $250K (real) Modeled valuation $991K (est)$250K$991KPre-Seed2024Pre-Seed · 2024-07-10 Raised $250K (real) Modeled valuation $991K (est)$250K$991KPre-Seed2024+$9.0M+$300K+$250K+$250KCumulative $15M

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
Series A$5.0M · 2022
Series A extension$9.0M · 2022
Series A extension$300K · 2024
Bridge · Series A-stage$250K · 2024smaller follow-on
Bridge · Series A-stage$250K · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: 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
$1.4M
Base estimate est.
$409K
Conservative case
$2.9M
Upside case
$1.4M
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. Directional, not a quoted figure.

Series A · modeled $35.9M · 2022-12-192022Series A · modeled $65.0M · 2022-12-19Series A · modeled $1.4M · 2024-07-10Pre-Seed · modeled $991K · 2024-07-10Pre-Seed · modeled $991K · 2024-07-102024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$6.0M/yr
Capital velocity
3.5 yr
On record since
2022
First round
5
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 4.5× above median
This company$9.3M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$250K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.4M
Sector median$17.7M

Raised more than 76% of sector peers (real $). Modeled value above 8% 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 #1120 of 1,135.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.5M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.6M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.1M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.1M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.4M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $134.0M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $133.0M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.1M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.8M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.7M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.9M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.3M (est)C-Combinator, A Public Benefit Corp (this company) Raised $9.3M · modeled $1.4M (est)C-Combinator, A Public Benefit Corp
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.5M3.67×
Quantori, Inc.Series A$15.0M$138.6M3.57×
Qquv Investments 5, LlcSeries A$15.0M$135.1M3.48×
Applause Network TV, Inc.Series A$15.0M$135.1M3.48×
Trustworthy CoSeries A$15.5M$134.4M3.46×
DigniFi Holding, Inc.Series A$24.3M$134.0M3.45×
Proventures Capital, Inc.Series A$14.7M$133.0M3.42×
Zenledger, Inc.Series A$21.6M$132.1M3.40×
Gridwise, Inc.Series A$20.4M$131.8M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.7M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.9M3.26×
Harmony Musical LLCSeries A$15.0M$126.3M3.25×
C-Combinator, A Public Benefit Corp this companySeries A$9.3M$1.4M0.03×
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.
Series A$5.0M2022-12-19$22.6M$35.9M90%
Series A$9.0M2022-12-19$40.9M$65.0M90%
Series A$300K2024-07-10$1.4M$1.4M90%
Pre-Seed$250K2024-07-10$1.4M$991K90%
Pre-Seed$250K2024-07-10$1.4M$991K90%
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. Series A$5.0M2022-12-19
    • First recorded raise — entered as Series A.
    • 10 investors on this round.
  2. Series A$9.0M2022-12-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 14 investors on this round.
  3. Series A$300K2024-07-10
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 30.0× smaller than the prior — bridge or down round.
  4. Pre-Seed$250K2024-07-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  5. Pre-Seed$250K2024-07-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2024 ~Q4
Modeled next raise · ~5mo cadence
$250K
Modeled next size est.range $250K$400K
1.0×
Last step-up
$6.0M/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
Geoff Benjamin Chapin2022-12
Robert Benjamin Ellis2022-12
Registry & provenance

C-Combinator, A Public Benefit 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
1854256
SEC CIK
2020
Incorporated
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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
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Make something people want.
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Frequently asked
How much funding has C-Combinator, A Public Benefit Corp raised?
C-Combinator, A Public Benefit Corp has raised approximately $9.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is C-Combinator, A Public Benefit Corp's estimated valuation?
Provath's modeled valuation for C-Combinator, A Public Benefit Corp is approximately $1.4M (modeled range $409K–$2.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is C-Combinator, A Public Benefit Corp at?
C-Combinator, A Public Benefit Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jul 10.
What does C-Combinator, A Public Benefit Corp do and where is it based?
C-Combinator, A Public Benefit Corp operates in the Other sector, based in BOSTON.
Explore related

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