Companies · Other Technology

Carma Project, Inc.

COSTA MESA · Other Technology

Diligence memoA one-page analyst read on Carma Project, Inc. — recommendation, valuation, rhythm, risks.
$4.1M
Total raised · real
2
Rounds
3.2×
Latest step-up
Top 46%
Sector rank · raised
Seed
Latest stage · inferred · Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Carma Project, Inc. looks fair 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.

Fair
  • Modeled value is 1.12× the median modeled value of Seed Other Technology companies in 2019–2021 (1049 peers) — value vs value, same stage and era.
  • Within the normal band (112% of peer median) for its niche.
Dormant
  • Last raise 4.7 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

Carma Project, Inc. is one of 21292 Other Technology companies tracked from COSTA MESA. By capital raised it ranks mid-pack (ahead of 55% 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
3
Investors (latest)
2020
Year incorporated
2021-09-30
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$100MPre-Seed · 2020-04-17 Raised $1000K (real) Modeled valuation $42M (est)$1000K$42MPre-Seed2020Seed · 2021-09-30 Raised $3.1M (real) Modeled valuation $59M (est)$3.1M$59MSeed2021+$3.1MCumulative $4.1M

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$1000K · 2020
Seed$3.1M · 2021

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

Modeled valuation trajectory
$59.2M
Base estimate est.
$2.8M
Conservative case
$331.4M
Upside case
$15.7M
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 $42.4M · 2020-04-172020Seed · modeled $59.2M · 2021-09-302021
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
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$2.9M/yr
Capital velocity
6.2 yr
On record since
2020
First round
2
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) 1.3× above median
This company$4.1M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.8× above median
This company$3.1M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 1.6× above median
This company$59.2M
Sector median$37.3M

Raised more than 55% of sector peers (real $). Modeled value above 61% 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 #457 of 1,049.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Altinity Inc. · Seed Raised $6.9M · modeled $136.3M (est)Platypus Institute Inc. · Seed Raised $6.5M · modeled $136.3M (est)Social Circle, LLC · Seed Raised $4.5M · modeled $136.3M (est)Pointivo, Inc. · Seed Raised $5.4M · modeled $136.3M (est)RealtimeX Inc. · Seed Raised $4.0M · modeled $136.3M (est)Scholastic Network Partners, LLC · Seed Raised $4.0M · modeled $136.3M (est)Thundra, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Sideqik, Inc. · Seed Raised $4.0M · modeled $136.3M (est)LevelOps Inc. · Seed Raised $4.0M · modeled $136.3M (est)Zebrium, Inc. · Seed Raised $7.3M · modeled $136.3M (est)Datawire, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Centercode, Inc. · Seed Raised $7.5M · modeled $136.3M (est)Carma Project, Inc. (this company) Raised $4.1M · modeled $59.2M (est)Carma Project, Inc.
CompanyStageRaised · realValue · estvs peer med.
Altinity Inc.Seed$6.9M$136.3M2.57×
Platypus Institute Inc.Seed$6.5M$136.3M2.57×
Social Circle, LLCSeed$4.5M$136.3M2.57×
Pointivo, Inc.Seed$5.4M$136.3M2.57×
RealtimeX Inc.Seed$4.0M$136.3M2.57×
Scholastic Network Partners, LLCSeed$4.0M$136.3M2.57×
Thundra, Inc.Seed$4.0M$136.3M2.57×
Sideqik, Inc.Seed$4.0M$136.3M2.57×
LevelOps Inc.Seed$4.0M$136.3M2.57×
Zebrium, Inc.Seed$7.3M$136.3M2.57×
Datawire, Inc.Seed$4.0M$136.3M2.57×
Centercode, Inc.Seed$7.5M$136.3M2.57×
Carma Project, Inc. this companySeed$4.1M$59.2M1.12×
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$1000K2020-04-17$5.6M$42.4M90%
Seed$3.1M2021-09-30$15.7M$59.2M90%
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$1000K2020-04-17
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$3.1M2021-09-30
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~17mo cadence
$9.4M
Modeled next size est.range $6.1M$15.1M
3.2×
Last step-up
$2.9M/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
Fabio Gratton2020-04
Tony Lim, Jr.2020-04
Registry & provenance

Carma Project, 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
1810767
SEC CIK
2020
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
Grove Labs Inc.Other TechnologySeed$4.0M$61.0Msame sector · same stage
Integrated Cinematics Inc.Other TechnologySeed$4.0M$59.5Msame sector · same stage
Onramp Invest, Inc.Other TechnologySeed$4.0M$56.3Msame sector · same stage
PeopleGuru Holdings, Inc.Other TechnologySeed$4.0M$57.3Msame sector · same stage
Pulsa Inc.Other TechnologySeed$4.0M$56.6Msame sector · same stage
PSL Holdings, Inc.Other TechnologySeed$4.0M$56.7Msame sector · same stage
Assetario Inc.Other TechnologySeed$4.0M$59.9Msame sector · same stage
Swivel Demos Inc.Other TechnologySeed$4.0M$59.5Msame 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
Carmatic Enterprises, Inc.Other TechnologySeed$10.3M87%
Cargado, Inc.Other TechnologySeries A$49.0M85%
Carzanza, Inc.Other TechnologyPre-Seed$18.8M84%
Digma Inc.Other TechnologySeries A$68.6M84%
Biome Makers Inc.Other TechnologySeries A$267.9M84%
datma, Inc.Other TechnologySeed$10.2M84%
SOMA Global, Inc.Other TechnologySeries A$92.7M84%
Dresma Inc.Other TechnologySeed$55.0M84%
Frequently asked
How much funding has Carma Project, Inc. raised?
Carma Project, Inc. has raised approximately $4.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Carma Project, Inc.'s estimated valuation?
Provath's modeled valuation for Carma Project, Inc. is approximately $59.2M (modeled range $2.8M–$331.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Carma Project, Inc. at?
Carma Project, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Sep 30.
What does Carma Project, Inc. do and where is it based?
Carma Project, Inc. operates in the Other Technology sector, based in COSTA MESA.
Explore related

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