Diligence memo · auto-generated · as of July 2, 2026
Castle Pay, Inc.
Castle Pay, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Castle Pay, Inc. operates in Fintech, based in Hudson.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Castle Pay, Inc. has raised $6.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2024-01-23.
Most recent recorded round closed around 2024-01-23.
Valuation (modeled)modeled
Provath models Castle Pay, Inc. at approximately $25M (range $3.5M–$75M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.14× the median modeled value of Seed Fintech companies in 2022–2024 (53 peers) — value vs value, same stage and era. Within the normal band (114% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 2.4 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 86% of Fintech peers (1063 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Floatpays Inc, Sote, Inc., Earnipay, Pink Swan Trading, Inc., Tweed Payments Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.