Companies · Software / Tech

Chain.io, Inc.

PHILADELPHIA · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Chain.io, Inc. — recommendation, valuation, rhythm, risks.
$12.0M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 31%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jan 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Chain.io, Inc. looks under-valued against its niche peers and is quiet 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 0.17× the median modeled value of Series A Software / Tech companies in 2025–2027 (205 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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

Chain.io, Inc. is one of 3920 Software / Tech companies tracked from PHILADELPHIA. By capital raised it ranks in the upper tier (ahead of 70% 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
7
Investors (latest)
2025-01-08
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$50M$100M$150M$200MSeries A · 2022-05-16 Raised $11M (real) Modeled valuation $145M (est)$11M$145MSeries A2022Series A · 2025-01-08 Raised $825K (real) Modeled valuation $3.7M (est)$825K$3.7MSeries A2025+$825KCumulative $12M

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$11.1M · 2022
Series A extension$825K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$3.7M
Base estimate est.
$1.1M
Conservative case
$7.0M
Upside case
$3.8M
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 scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $144.9M · 2022-05-162022Series A · modeled $3.7M · 2025-01-082025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$4.5M/yr
Capital velocity
4.1 yr
On record since
2022
First round
2
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) 2.6× above median
This company$12.0M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$825K
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$3.7M
Sector median$36.6M

Raised more than 70% of sector peers (real $). Modeled value above 12% 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 #193 of 205.

This companyCohort peer
$1.0M$10.0M$100.0M$10.0M$100.0MCapital raised (log)Integrity Labs, Inc. · Series A Raised $15.0M · modeled $62.6M (est)Volteras Technologies, Inc. · Series A Raised $14.6M · modeled $59.4M (est)Unto Labs, Inc. · Series A Raised $14.4M · modeled $57.7M (est)Veda Tech Labs Inc. · Series A Raised $18.0M · modeled $57.1M (est)Caliber Labs, PBC · Series A Raised $14.4M · modeled $53.9M (est)Doji Labs, Inc. · Series A Raised $13.6M · modeled $53.0M (est)KEA Cloud, Inc. · Series A Raised $13.7M · modeled $52.2M (est)CherryCircle Software, Inc. · Series A Raised $32.4M · modeled $52.0M (est)Blacksmith Software Inc. · Series A Raised $13.6M · modeled $51.3M (est)Frenzy Crop Systems, Inc. · Series A Raised $13.6M · modeled $51.2M (est)Million Software, Inc. · Series A Raised $13.6M · modeled $51.1M (est)TAU Systems Inc. · Series A Raised $12.5M · modeled $50.9M (est)Chain.io, Inc. (this company) Raised $12.0M · modeled $3.7M (est)Chain.io, Inc.
CompanyStageRaised · realValue · estvs peer med.
Integrity Labs, Inc.Series A$15.0M$62.6M2.97×
Volteras Technologies, Inc.Series A$14.6M$59.4M2.82×
Unto Labs, Inc.Series A$14.4M$57.7M2.74×
Veda Tech Labs Inc.Series A$18.0M$57.1M2.71×
Caliber Labs, PBCSeries A$14.4M$53.9M2.56×
Doji Labs, Inc.Series A$13.6M$53.0M2.52×
KEA Cloud, Inc.Series A$13.7M$52.2M2.48×
CherryCircle Software, Inc.Series A$32.4M$52.0M2.47×
Blacksmith Software Inc.Series A$13.6M$51.3M2.44×
Frenzy Crop Systems, Inc.Series A$13.6M$51.2M2.43×
Million Software, Inc.Series A$13.6M$51.1M2.43×
TAU Systems Inc.Series A$12.5M$50.9M2.42×
Chain.io, Inc. this companySeries A$12.0M$3.7M0.17×
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$11.1M2022-05-16$50.7M$144.9M90%
Series A$825K2025-01-08$3.8M$3.7M90%
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$11.1M2022-05-16
    • First recorded raise — entered as Series A.
    • 9 investors on this round.
  2. Series A$825K2025-01-08
    • Raised again after 32 mo — slower than the ~13 mo sector norm.
    • Round 13.5× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~32mo cadence
$825K
Modeled next size est.range $825K$1.3M
0.1×
Last step-up
$4.5M/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
Adrian Fortino4 other2022-05
Mark Platt3 other2025-01
Brian Glick2022-05
Christa Hinkel2022-05
Christopher Stallman2022-05
Clark Wright2025-01
Elizabeth Thorkelson2025-01
Greg Madianos2022-05
Jean-Guy Faubert2022-05
Johnny Billota2025-01
Mitch Scher2022-05
Molly Evola2025-01
Sarah Allen-Short2022-05
Registry & provenance

Chain.io, 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
1931366
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
Omnivore Technologies, Inc.Software / TechSeries A$13.0M$3.1Msame sector · same stage
Tm Technologies IncSoftware / TechSeries A$13.3M$2.5Msame sector · same stage
Filter Labs, Inc.Software / TechSeries A$10.8M$4.4Msame sector · same stage
Intermap Technologies CorpSoftware / TechSeries A$10.7M$3.3Msame sector · same stage
Mesh Digital Services Inc.Software / TechSeries A$13.4M$4.1Msame sector · same stage
Ringmaster Technologies, Inc.Software / TechSeries A$13.7M$5.5Msame sector · same stage
Waffle Labs, Inc.Software / TechSeries A$10.5M$2.1Msame sector · same stage
Lua Technologies, Inc.Software / TechSeries A$14.1M$5.5Msame 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
ChainLink Technology, Inc.Software / TechSeed$36.1M91%
Onchain Technologies, Inc.Software / TechSeed$6.3M88%
Kinetic Chain Labs Inc.Software / TechPre-Seed$3.5M87%
CoreChain Technologies, Inc.Software / TechSeries A$7.6M86%
Chainalysis Inc.Other TechnologySeries C$2.5B85%
frame.io, inc.Software / TechSeries C$191.1M85%
HashChain Technology Inc.Software / TechSeed$68.1M85%
Stream.io, Inc.Software / TechSeries B$738.7M85%
Frequently asked
How much funding has Chain.io, Inc. raised?
Chain.io, Inc. has raised approximately $12.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Chain.io, Inc.'s estimated valuation?
Provath's modeled valuation for Chain.io, Inc. is approximately $3.7M (modeled range $1.1M–$7.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Chain.io, Inc. at?
Chain.io, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jan 08.
What does Chain.io, Inc. do and where is it based?
Chain.io, Inc. operates in the Software / Tech sector, based in PHILADELPHIA.
Explore related

See where Chain.io, 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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