Companies · Other Technology

Citybase, Inc.

CHICAGO · Other Technology

Diligence memoA one-page analyst read on Citybase, Inc. — recommendation, valuation, rhythm, risks.
$24.7M
Total raised · real
3
Rounds
14.9×
Latest step-up
Top 15%
Sector rank · raised
Series A
Latest stage · inferred · Tue Sep 04 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Citybase, Inc. looks over-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.

Over-valued
  • Modeled value is 2.58× the median modeled value of Series A Other Technology companies in 2016–2018 (815 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.8 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

Citybase, Inc. is one of 21292 Other Technology companies tracked from CHICAGO. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and among the largest 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
34
Investors (latest)
2016
Year incorporated
2018-09-04
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$125M$250M$375M$500MSeries A · 2016-06-21 Raised $5.9M (real) Modeled valuation $163M (est)$5.9M$163MSeries A2016Series A · 2018-01-12 Raised $4.0M (real) Modeled valuation $111M (est)$4.0M$111MSeries A2018Seed · 2018-01-12 Raised $3.0M (real) Modeled valuation $103M (est)$3.0M$103MSeed2018Pre-Seed · 2018-01-12 Raised $1.0M (real) Modeled valuation $42M (est)$1.0M$42MPre-Seed2018Series A · 2018-09-04 Raised $15M (real) Modeled valuation $412M (est)$15M$412MSeries A2018+$4.0M+$3.0M+$1.0M+$15MCumulative $29M

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$5.9M · 2016
Series A extension$4.0M · 2018
Bridge · Series A-stage$3.0M · 2018smaller follow-on
Bridge · Series A-stage$1.0M · 2018smaller follow-on
Series A extension$14.9M · 2018

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$412.2M
Base estimate est.
$19.9M
Conservative case
$2.2B
Upside case
$67.5M
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 $163.0M · 2016-06-212016Series A · modeled $111.0M · 2018-01-12Seed · modeled $102.7M · 2018-01-12Pre-Seed · modeled $42.4M · 2018-01-12Series A · modeled $412.2M · 2018-09-042018
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
6.0 yr
Elapsed time used
7.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$11.2M/yr
Capital velocity
10.0 yr
On record since
2016
First round
5
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) 7.8× above median
This company$24.7M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.6× above median
This company$14.9M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 11× above median
This company$412.2M
Sector median$37.3M

Raised more than 86% of sector peers (real $). Modeled value above 91% 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 #15 of 815.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Kaarya LLC · Series A Raised $15.0M · modeled $416.1M (est)VictorOps, Inc. · Series A Raised $36.3M · modeled $416.1M (est)Ephesoft Inc. · Series A Raised $15.0M · modeled $416.1M (est)Stay Alfred, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Rubica, Inc. · Series A Raised $16.6M · modeled $416.1M (est)Resilinc Corp · Series A Raised $15.0M · modeled $416.1M (est)DiCentral Corp · Series A Raised $15.0M · modeled $416.1M (est)Celect, Inc. · Series A Raised $30.1M · modeled $416.1M (est)PocketWatch, Inc. · Series A Raised $16.8M · modeled $416.1M (est)MobileCause, Inc. · Series A Raised $24.6M · modeled $416.1M (est)DynamicAction Holdings, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Bench Accounting, Inc. · Series A Raised $29.9M · modeled $416.1M (est)Citybase, Inc. (this company) Raised $24.7M · modeled $412.2M (est)Citybase, Inc.
CompanyStageRaised · realValue · estvs peer med.
Kaarya LLCSeries A$15.0M$416.1M2.60×
VictorOps, Inc.Series A$36.3M$416.1M2.60×
Ephesoft Inc.Series A$15.0M$416.1M2.60×
Stay Alfred, Inc.Series A$15.0M$416.1M2.60×
Rubica, Inc.Series A$16.6M$416.1M2.60×
Resilinc CorpSeries A$15.0M$416.1M2.60×
DiCentral CorpSeries A$15.0M$416.1M2.60×
Celect, Inc.Series A$30.1M$416.1M2.60×
PocketWatch, Inc.Series A$16.8M$416.1M2.60×
MobileCause, Inc.Series A$24.6M$416.1M2.60×
DynamicAction Holdings, Inc.Series A$15.0M$416.1M2.60×
Bench Accounting, Inc.Series A$29.9M$416.1M2.60×
Citybase, Inc. this companySeries A$24.7M$412.2M2.58×
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$5.9M2016-06-21$26.7M$163.0M85%
Series A$4.0M2018-01-12$18.2M$111.0M90%
Seed$3.0M2018-01-12$15.1M$102.7M90%
Pre-Seed$1.0M2018-01-12$5.6M$42.4M90%
Series A$14.9M2018-09-04$67.5M$412.2M90%
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$5.9M2016-06-21
    • First recorded raise — entered as Series A.
    • 8 investors on this round.
  2. Series A$4.0M2018-01-12
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 21 investors on this round.
  3. Seed$3.0M2018-01-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  4. Pre-Seed$1.0M2018-01-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$14.9M2018-09-04
    • Came back fast: 8 mo vs the ~13 mo sector norm.
    • Round 14.9× larger than the prior — scaling up.
    • 34 investors on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~7mo cadence
$44.6M
Modeled next size est.range $29.0M$71.3M
14.9×
Last step-up
$11.2M/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
William Conroy4 other2018-01
Michael Duffy3 other2016-06
Jeffrey Taylor2 other2016-06
Michael Madden2 other2016-06
Terry Diamond2 other2016-06
Dugan Schwalm1 other2016-06
Josh Mallamud1 other2018-01
Dan Diermeier2016-06
Daniel Diermeier2018-09
Leonardo Brubaker2018-09
Luke Forbing2018-01
Michael Moskow2018-01
Registry & provenance

Citybase, 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
1678213
SEC CIK
2016
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
Barkly Protects, Inc.Other TechnologySeries A$23.3M$180.3Mnetwork1 shared operator · same sector · same stage
SpiderOak, Inc.Other TechnologySeries B$36.8M$207.4Mnetwork2 shared operators · same sector
Yummly, Inc.Other TechnologySeries A$24.7M$416.1Msame sector · same stage
MobileCause, Inc.Other TechnologySeries A$24.6M$416.1Msame sector · same stage
Synos Technology, Inc.Other TechnologySeries A$25.0M$416.1Msame sector · same stage
Hover Inc.Other TechnologySeries A$25.3M$388.2Msame sector · same stage
Tascet, Inc.Other TechnologySeries A$25.3M$366.3Msame sector · same stage
P97 Networks, Inc.,Other TechnologySeries A$24.0M$415.9Msame 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
CitySpark, Inc.Other TechnologyPre-Seed$5.8M90%
UrbanBound, Inc.Other TechnologySeries A$104.5M89%
YouBase, Inc.Other TechnologyPre-Seed$21.2M88%
TenantBase, Inc.Other TechnologySeries A$281.6M88%
CityGrows Inc.Other TechnologyPre-Seed$7.6M88%
City Innovate Inc.Other TechnologySeries A$102.0M87%
Metabase, Inc.Other TechnologySeries B$674.6M87%
Cityzen Solutions, Inc.Other TechnologySeries A$100.7M87%
Frequently asked
How much funding has Citybase, Inc. raised?
Citybase, Inc. has raised approximately $24.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Citybase, Inc.'s estimated valuation?
Provath's modeled valuation for Citybase, Inc. is approximately $412.2M (modeled range $19.9M–$2.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Citybase, Inc. at?
Citybase, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Sep 04.
What does Citybase, Inc. do and where is it based?
Citybase, Inc. operates in the Other Technology sector, based in CHICAGO.
Explore related

See where Citybase, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Citybase, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.