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

Cleerly, Inc.

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

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

Businessfiled

Cleerly, Inc. operates in Other Technology, based in Denver.

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

Capital & rounds (filed)filed

Cleerly, Inc. has raised $275M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $192M on 2022-07-08.

Most recent recorded round closed around 2024-11-19.

Valuation (modeled)modeled

Provath models Cleerly, Inc. at approximately $536M (range $285M–$712M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.26× the median modeled value of Series D+ Other Technology companies in 2022–2024 (75 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 22 months.

Last raise 19 mo ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round was 3.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Other Technology peers (21302 compared).

Modeled value ranks above 93% of those peers.

Closest niche peers: Memphis Meats, Inc., Edgio, Inc., Siprocal, Inc, PacketFabric, Inc., Guess & Co. Corp.

Peoplefiled

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

Risks & flagsmixed

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