Diligence memo · auto-generated · as of July 1, 2026
Circulation, Inc.
Circulation, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Circulation, Inc. operates in Other, based in BOSTON.
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
Circulation, Inc. has raised $8.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.5M on 2017-07-11.
Most recent recorded round closed around 2017-07-11.
Valuation (modeled)modeled
Provath models Circulation, Inc. at approximately $128M (range $12M–$697M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.46× the median modeled value of Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era. Within the normal band (146% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 9.0 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 75% of Other peers (25008 compared).
Modeled value ranks above 85% of those peers.
Closest niche peers: Cardinal Memorial Ultimate Holdings, Llc, PASSADO Co Ltd, Baba Joe Diamond Ventures Us Inc., Black Television News Channel, LLC, CannCare, Inc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.