Diligence memo · auto-generated · as of July 2, 2026

Checkerspot, Inc.

Checkerspot, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Checkerspot, Inc. operates in Other, based in Alameda.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Checkerspot, Inc. has raised $86M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $40M on 2022-09-16.

Most recent recorded round closed around 2025-11-19.

Valuation (modeled)modeled

Provath models Checkerspot, Inc. at approximately $33M (range $19M–$46M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.39× the median modeled value of Series B Other companies in 2025–2027 (207 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 30 months.

Last raise 7 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 5.3× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 96% of Other peers (25015 compared).

Modeled value ranks above 64% of those peers.

Closest niche peers: Acorn Sim Investor Holdings, LLC, Aircapture, Inc., Bathhouse Holdings Inc., Chlorum Solutions USA LLC, Olympus Pines LLC.

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.