Companies · Other Technology

Citizen Inc.

WASHINGTON · Other Technology

Diligence memoA one-page analyst read on Citizen Inc. — recommendation, valuation, rhythm, risks.
$3.5M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 49%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jun 13 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Citizen Inc. looks under-valued 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.

Under-valued
  • Modeled value is 0.64× the median modeled value of Seed Other Technology companies in 2022–2024 (1103 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.0 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

Citizen Inc. is one of 21292 Other Technology companies tracked from WASHINGTON. By capital raised it ranks mid-pack (ahead of 52% 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
1
Investors (latest)
2019
Year incorporated
2022-06-13
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$100MSeed · 2021-09-01 Raised $2.8M (real) Modeled valuation $54M (est)$2.8M$54MSeed2021Seed · 2022-06-13 Raised $750K (real) Modeled valuation $10M (est)$750K$10MSeed2022+$750KCumulative $3.5M

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
Seed$2.8M · 2021
Seed extension$750K · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$10.1M
Base estimate est.
$662K
Conservative case
$46.8M
Upside case
$3.8M
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.

Seed · modeled $53.7M · 2021-09-012021Seed · modeled $10.1M · 2022-06-132022
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
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$4.5M/yr
Capital velocity
4.8 yr
On record since
2021
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) 1.1× above median
This company$3.5M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$750K
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$10.1M
Sector median$37.3M

Raised more than 52% of sector peers (real $). Modeled value above 23% 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 #804 of 1,103.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Route Reports Inc. · Seed Raised $3.9M · modeled $62.9M (est)Assetario Inc. · Seed Raised $4.0M · modeled $59.9M (est)Integrated Cinematics Inc. · Seed Raised $4.0M · modeled $59.5M (est)Soundful, Inc. · Seed Raised $3.7M · modeled $57.8M (est)Modern Foundry, Inc. · Seed Raised $3.8M · modeled $57.6M (est)PeopleGuru Holdings, Inc. · Seed Raised $4.0M · modeled $57.3M (est)PSL Holdings, Inc. · Seed Raised $4.0M · modeled $56.7M (est)Pulsa Inc. · Seed Raised $4.0M · modeled $56.6M (est)Onramp Invest, Inc. · Seed Raised $4.0M · modeled $56.3M (est)Pebble Finance Inc · Seed Raised $4.0M · modeled $55.8M (est)Lillii RNB Inc · Seed Raised $3.7M · modeled $55.3M (est)DataLego Inc. · Seed Raised $3.5M · modeled $55.1M (est)Citizen Inc. (this company) Raised $3.5M · modeled $10.1M (est)Citizen Inc.
CompanyStageRaised · realValue · estvs peer med.
Route Reports Inc.Seed$3.9M$62.9M3.96×
Assetario Inc.Seed$4.0M$59.9M3.76×
Integrated Cinematics Inc.Seed$4.0M$59.5M3.74×
Soundful, Inc.Seed$3.7M$57.8M3.64×
Modern Foundry, Inc.Seed$3.8M$57.6M3.62×
PeopleGuru Holdings, Inc.Seed$4.0M$57.3M3.60×
PSL Holdings, Inc.Seed$4.0M$56.7M3.57×
Pulsa Inc.Seed$4.0M$56.6M3.56×
Onramp Invest, Inc.Seed$4.0M$56.3M3.54×
Pebble Finance IncSeed$4.0M$55.8M3.51×
Lillii RNB IncSeed$3.7M$55.3M3.48×
DataLego Inc.Seed$3.5M$55.1M3.47×
Citizen Inc. this companySeed$3.5M$10.1M0.64×
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.
Seed$2.8M2021-09-01$13.8M$53.7M90%
Seed$750K2022-06-13$3.8M$10.1M90%
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. Seed$2.8M2021-09-01
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Seed$750K2022-06-13
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~9mo cadence
$750K
Modeled next size est.range $750K$1.2M
0.3×
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
Nick Troiano1 other2021-09
Bill M. Shireman2021-09
Cory Gilchrist2021-09
Evan McMullin2021-09
Josh M. Silver2021-09
Katherine M. Gehl2021-09
Kathryn Murdoch2021-09
Mindy Finn2021-09
Rebecca Coffman2021-09
Registry & provenance

Citizen 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
1883235
SEC CIK
2019
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
Space DOTS Inc.Other TechnologySeed$3.4M$10.3Msame sector · same stage
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Southern Block Capital LLCOther TechnologySeed$3.4M$10.5Msame sector · same stage
Realgravity Inc.Other TechnologySeed$3.3M$10.2Msame sector · same stage
Big Tent Design IncOther TechnologySeed$3.3M$10.2Msame sector · same stage
Funding Gates CorpOther TechnologySeed$3.7M$10.2Msame sector · same stage
Beyond Pulse, Inc.Other TechnologySeed$3.3M$9.6Msame sector · same stage
Landr Audio Inc.Other TechnologySeed$3.8M$10.5Msame 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
Engaged Citizen Inc.Other TechnologySeries A$25.9M92%
Citizens Reserve, Inc.Other TechnologySeries A$20.8M89%
Civicscape, LLCOther TechnologyPre-Seed$17.7M86%
Humans, Inc.Other TechnologySeries C$702.7M85%
Resident Ventures, Inc.Other TechnologySeries A$30.9M84%
Democracy Live, Inc.Other TechnologyPre-Seed$31.8M84%
City Detect Inc.Other TechnologySeed$9.4M84%
Legitimate, Inc.Other TechnologySeed$18.7M83%
Frequently asked
How much funding has Citizen Inc. raised?
Citizen Inc. has raised approximately $3.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Citizen Inc.'s estimated valuation?
Provath's modeled valuation for Citizen Inc. is approximately $10.1M (modeled range $662K–$46.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Citizen Inc. at?
Citizen Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jun 13.
What does Citizen Inc. do and where is it based?
Citizen Inc. operates in the Other Technology sector, based in WASHINGTON.
Explore related

See where Citizen 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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