Companies · Telecommunications

Codero Holdings, Inc.

MANCHESTER · Telecommunications

Diligence memoA one-page analyst read on Codero Holdings, Inc. — recommendation, valuation, rhythm, risks.
$40.2M
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 15%
Sector rank · raised
Series B
Latest stage · inferred · Wed Apr 04 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Codero Holdings, 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 telecom 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 0.58× the median modeled value of Series B Telecommunications companies in 2016–2018 (18 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.2 yr ago; this sector typically re-raises about every 10 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Codero Holdings, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.1 yr record
Peak capital year was 2015 with $29.8M across 1 filings.
Market position
ahead of 86% of Telecommunications peers
Capital scale is ahead of 86% of Telecommunications peers; modeled value is above 82% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2015: $29.8M across 1 filings.
  • Largest single filing was $29.8M on 2015-05-14.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Telecommunications

Codero Holdings, Inc. is one of 929 Telecommunications companies tracked from MANCHESTER. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and in the upper tier 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
17
Investors (latest)
2015
Year incorporated
2018-04-04
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$250M$500M$750M$1.0BSeries B · 2015-05-14 Raised $30M (real) Modeled valuation $573M (est)$30M$573MSeries B2015Series B · 2018-04-04 Raised $10M (real) Modeled valuation $202M (est)$10M$202MSeries B2018+$10MCumulative $40M

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 B$29.8M · 2015
Series B extension$10.5M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$202.0M
Base estimate est.
$25.5M
Conservative case
$777.5M
Upside case
$58.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Series B · modeled $572.5M · 2015-05-142015Series B · modeled $202.0M · 2018-04-042018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
44% low · 81% high
1.32×/yr
Annual markup
1.60×/yr upside case
6.0 yr
Elapsed time used
8.2 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
35 mo
Avg between rounds
$13.9M/yr
Capital velocity
11.1 yr
On record since
2015
First round
2
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 10× above median
This company$40.2M
Sector median$4.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$10.5M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 7.1× above median
This company$202.0M
Sector median$28.3M

Raised more than 86% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #14 of 18.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Communications Tower Group LLC · Series B Raised $38.3M · modeled $737.0M (est)RightMesh GmbH · Series B Raised $30.0M · modeled $577.3M (est)Omnispace Llc · Series B Raised $46.8M · modeled $577.3M (est)Infrastructure Networks, Inc. · Series B Raised $50.4M · modeled $533.3M (est)elocal USA LLC · Series B Raised $25.0M · modeled $481.1M (est)Fusion Connect, Inc. · Series B Raised $105.3M · modeled $436.8M (est)Simplifi Wireless DAS Holdings, LLC · Series B Raised $22.5M · modeled $433.0M (est)Gamemine LLC · Series B Raised $20.0M · modeled $384.9M (est)Fiber Platform, LLC · Series B Raised $18.5M · modeled $356.0M (est)Straight Path Communications Inc. · Series B Raised $17.5M · modeled $336.8M (est)Mobiquity Inc. · Series B Raised $47.9M · modeled $311.1M (est)Vidyo Inc · Series B Raised $136.4M · modeled $233.4M (est)Codero Holdings, Inc. (this company) Raised $40.2M · modeled $202.0M (est)Codero Holdings, Inc.
CompanyStageRaised · realValue · estvs peer med.
Communications Tower Group LLCSeries B$38.3M$737.0M2.13×
RightMesh GmbHSeries B$30.0M$577.3M1.67×
Omnispace LlcSeries B$46.8M$577.3M1.67×
Infrastructure Networks, Inc.Series B$50.4M$533.3M1.54×
elocal USA LLCSeries B$25.0M$481.1M1.39×
Fusion Connect, Inc.Series B$105.3M$436.8M1.26×
Simplifi Wireless DAS Holdings, LLCSeries B$22.5M$433.0M1.25×
Gamemine LLCSeries B$20.0M$384.9M1.11×
Fiber Platform, LLCSeries B$18.5M$356.0M1.03×
Straight Path Communications Inc.Series B$17.5M$336.8M0.97×
Mobiquity Inc.Series B$47.9M$311.1M0.90×
Vidyo IncSeries B$136.4M$233.4M0.67×
Codero Holdings, Inc. this companySeries B$40.2M$202.0M0.58×
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 B$29.8M2015-05-14$165.3M$572.5M85%
Series B$10.5M2018-04-04$58.3M$202.0M90%
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 B$29.8M2015-05-14
    • First recorded raise — entered as Series B.
    • 32 investors on this round.
  2. Series B$10.5M2018-04-04
    • Raised again after 35 mo — slower than the ~10 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 17 investors on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~35mo cadence
$10.5M
Modeled next size est.range $10.5M$16.8M
0.4×
Last step-up
$13.9M/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 E. King1 other2015-05
Emmanuel E. Staurulakis2015-05
Leo E. Staurulkis2015-05
Registry & provenance

Codero Holdings, 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
1642939
SEC CIK
2015
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
Pacific DataVision, Inc.TelecommunicationsSeries B$40.3M$26.2Msame sector · same stage
Atento S.A.TelecommunicationsSeries B$39.6M$368.1Msame sector · same stage
VoltServer Inc.TelecommunicationsSeries B$38.9M$158.4Msame sector · same stage
Vanu, Inc.TelecommunicationsSeries B$41.7M$31.6Msame sector · same stage
Telesphere Networks LtdTelecommunicationsSeries B$38.8M$284.1Msame sector · same stage
Collinear Networks, Inc.TelecommunicationsSeries B$37.7M$340.2Msame sector · same stage
Searchlight TYP Holdco, LLCTelecommunicationsSeries B$43.3M$124.2Msame sector · same stage
BlueNet Technologies Inc.TelecommunicationsSeries B$36.3M$216.7Msame 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
Wiagro Inc.TelecommunicationsSeed$4.1M86%
Goodman Telecom Holdings, LLCTelecommunicationsSeries B$307.9M85%
World Communications Group Services, Ltd.TelecommunicationsPre-Seed$19.0M84%
Mobileux Technologies, Inc.TelecommunicationsPre-Seed$3.9M84%
Wireless Telecom Group IncTelecommunicationsSeries A$15.3M84%
Deep Fiber Solutions, Inc.TelecommunicationsSeries A$121.0M83%
Digerati Technologies, Inc.TelecommunicationsPre-Seed$22.5M83%
Global Telecom Engineering, Inc.TelecommunicationsSeries A$22.2M83%
Frequently asked
How much funding has Codero Holdings, Inc. raised?
Codero Holdings, Inc. has raised approximately $40.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Codero Holdings, Inc.'s estimated valuation?
Provath's modeled valuation for Codero Holdings, Inc. is approximately $202.0M (modeled range $25.5M–$777.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Codero Holdings, Inc. at?
Codero Holdings, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Apr 04.
What does Codero Holdings, Inc. do and where is it based?
Codero Holdings, Inc. operates in the Telecommunications sector, based in MANCHESTER.
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