Companies · Other Technology

Cleerly, Inc.

Denver · Other Technology

Diligence memoA one-page analyst read on Cleerly, Inc. — recommendation, valuation, rhythm, risks.
$274.9M
Total raised · real
4
Rounds
0.3×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Nov 19 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Cleerly, 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 0.26× the median modeled value of Series D+ Other Technology companies in 2022–2024 (75 peers) — value vs value, same stage and era.
Quiet
  • Last raise 19 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 Other Technology

Cleerly, Inc. is one of 21292 Other Technology companies tracked from Denver. By capital raised it ranks among the largest (ahead of 99% 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
10
Investors (latest)
2024-11-19
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$1.3B$2.5B$3.8B$5.0BSeries A · 2017-07-31 Raised $14M (real) Modeled valuation $402M (est)$14M$402MSeries A2017Series A · 2017-07-31 Raised $5.5M (real) Modeled valuation $153M (est)$5.5M$153MSeries A2017Series B · 2022-02-25 Raised $17M (real) Modeled valuation $286M (est)$17M$286MSeries B2022Series D+ · 2022-07-08 Raised $192M (real) Modeled valuation $3.7B (est)$192M$3.7BSeries D+2022Series D+ · 2024-11-19 Raised $51M (real) Modeled valuation $535M (est)$51M$535MSeries D+2024+$5.5M+$17M+$192M+$51MCumulative $280M

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$14.5M · 2017
Series A extension$5.5M · 2017
Series B$16.8M · 2022
Series D+$192.3M · 2022no Series C on file
Series D+ extension$51.3M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series C — 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
$535.4M
Base estimate est.
$284.9M
Conservative case
$711.5M
Upside case
$427.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $401.8M · 2017-07-312017Series A · modeled $152.6M · 2017-07-31Series B · modeled $286.1M · 2022-02-25Series D+ · modeled $3.7B · 2022-07-08Series D+ · modeled $535.4M · 2024-11-192024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$37.6M/yr
Capital velocity
8.9 yr
On record since
2017
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) 87× above median
This company$274.9M
Sector median$3.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.4× of median
This company$51.3M
Sector median$115.0M
Modeled value — vs sector median (estimate, all stages) 14× above median
This company$535.4M
Sector median$37.3M

Raised more than 99% of sector peers (real $). Modeled value above 93% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #60 of 75.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Memphis Meats, Inc. · Series D+ Raised $611.2M · modeled $8.2B (est)Edgio, Inc. · Series D+ Raised $361.3M · modeled $6.4B (est)Siprocal, Inc · Series D+ Raised $380.0M · modeled $6.1B (est)PacketFabric, Inc. · Series D+ Raised $423.5M · modeled $5.9B (est)Guess & Co. Corp · Series D+ Raised $250.0M · modeled $5.2B (est)Skydio, Inc. · Series D+ Raised $323.4M · modeled $4.7B (est)BAM Management US Holdings Inc. · Series D+ Raised $216.8M · modeled $4.4B (est)Coalition, Inc. · Series D+ Raised $221.4M · modeled $4.2B (est)Alchemy Insights, Inc. · Series D+ Raised $352.1M · modeled $4.1B (est)Fetch Rewards, Inc. · Series D+ Raised $530.7M · modeled $3.9B (est)Matonee Inc. · Series D+ Raised $200.0M · modeled $3.8B (est)Lightmatter, Inc. · Series D+ Raised $527.2M · modeled $3.8B (est)Cleerly, Inc. (this company) Raised $274.9M · modeled $535.4M (est)Cleerly, Inc.
CompanyStageRaised · realValue · estvs peer med.
Memphis Meats, Inc.Series D+$611.2M$8.2B3.90×
Edgio, Inc.Series D+$361.3M$6.4B3.06×
Siprocal, IncSeries D+$380.0M$6.1B2.91×
PacketFabric, Inc.Series D+$423.5M$5.9B2.82×
Guess & Co. CorpSeries D+$250.0M$5.2B2.46×
Skydio, Inc.Series D+$323.4M$4.7B2.24×
BAM Management US Holdings Inc.Series D+$216.8M$4.4B2.11×
Coalition, Inc.Series D+$221.4M$4.2B2.02×
Alchemy Insights, Inc.Series D+$352.1M$4.1B1.95×
Fetch Rewards, Inc.Series D+$530.7M$3.9B1.85×
Matonee Inc.Series D+$200.0M$3.8B1.80×
Lightmatter, Inc.Series D+$527.2M$3.8B1.79×
Cleerly, Inc. this companySeries D+$274.9M$535.4M0.26×
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$14.5M2017-07-31$65.8M$401.8M90%
Series A$5.5M2017-07-31$25.0M$152.6M90%
Series B$16.8M2022-02-25$93.3M$286.1M90%
Series D+$192.3M2022-07-08$1.6B$3.7B90%
Series D+$51.3M2024-11-19$427.6M$535.4M90%
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$14.5M2017-07-31
    • First recorded raise — entered as Series A.
    • 31 investors on this round.
  2. Series A$5.5M2017-07-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.6× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series B$16.8M2022-02-25
    • Raised again after 55 mo — slower than the ~13 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 25 investors on this round.
  4. Series D+$192.3M2022-07-08
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 11.4× larger than the prior — scaling up.
    • 56 investors on this round.
  5. Series D+$51.3M2024-11-19
    • Raised again after 28 mo — slower than the ~13 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • 10 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~22mo cadence
$51.3M
Modeled next size est.range $51.3M$82.1M
0.3×
Last step-up
$37.6M/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
Peter Justin Klein6 other2022-02
Word D. Peake4 other2022-02
Word D. Peake III3 other2024-11
Glenn D. Steele1 other2022-02
James D. Earls2022-02
James K. Min2017-07
Jim D. Hartman2022-02
Kevin D. King2022-02
Kristin D. Binns2022-02
Lee Justin Cooper2024-11
Louis D. Samson2024-11
Nick D. Nieslanik2022-02
Oscar K. Munoz2024-11
Roy K. Beveridge2022-02
Scott D. Barclay2024-11
Vijay Justin Lathi2022-02
Registry & provenance

Cleerly, 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
1714014
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
Expel, Inc.Other TechnologySeries D+$284.6M$538.2Msame sector · same stage
Extreme Reach, Inc.Other TechnologySeries C$191.0M$1.8Bnetwork1 shared operator · same sector
FullStory, Inc.Other TechnologySeries D+$197.3M$470.1Msame sector · same stage
Interos Inc.Other TechnologySeries D+$195.2M$488.8Msame sector · same stage
Pax8, Inc.Other TechnologySeries D+$415.0M$463.2Msame sector · same stage
Checkr Group, Inc.Other TechnologySeries D+$181.1M$569.5Msame sector · same stage
GREE International, Inc.Other TechnologySeries D+$149.0M$474.5Msame sector · same stage
MachineMetrics, Inc.Other TechnologySeries B$31.7M$436.2Mnetwork1 shared operator · same sector
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
CLMBR, Inc.Other TechnologySeries A$90.7M89%
Clusiv, Inc.Other TechnologySeed$37.0M88%
Clozd, Inc.Other TechnologySeries B$504.6M88%
Mablytics, Inc.Other TechnologySeed$42.6M87%
Clocr Inc.Other TechnologyPre-Seed$7.4M87%
BeNaborly, Inc.Other TechnologyPre-Seed$1.8M87%
Clerq Inc.Other TechnologySeries A$41.3M87%
Clari Inc.Other TechnologySeries B$1.1B87%
Frequently asked
How much funding has Cleerly, Inc. raised?
Cleerly, Inc. has raised approximately $274.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Cleerly, Inc.'s estimated valuation?
Provath's modeled valuation for Cleerly, Inc. is approximately $535.4M (modeled range $284.9M–$711.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cleerly, Inc. at?
Cleerly, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Nov 19.
What does Cleerly, Inc. do and where is it based?
Cleerly, Inc. operates in the Other Technology sector, based in Denver.
Explore related

See where Cleerly, 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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