Companies · Other Technology

ComSovereign Holding Corp.

DALLAS · Other Technology

Diligence memoA one-page analyst read on ComSovereign Holding Corp. — recommendation, valuation, rhythm, risks.
$23.3M
Total raised · real
15
Rounds
6.0×
Latest step-up
Top 16%
Sector rank · raised
Series A
Latest stage · inferred · Fri Aug 21 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

ComSovereign Holding Corp. 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 0.28× the median modeled value of Series A Other Technology companies in 2019–2021 (992 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.9 yr ago; this sector typically re-raises about every 13 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

ComSovereign Holding Corp. 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
17.0 yr record
Peak capital year was 2015 with $8.4M across 3 filings.
Market position
ahead of 85% of Other Technology peers
Capital scale is ahead of 85% of Other Technology peers; modeled value is above 51% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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: $8.4M across 3 filings.
  • Largest single filing was $5.5M on 2018-07-01.
  • Filing rows sum to $28.7M, while canonical raised total is $23.3M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

ComSovereign Holding Corp. is one of 21302 Other Technology companies tracked from DALLAS. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and mid-pack 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)
2020-08-21
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$50M$100M$150M$200MSeed · 2009-07-18 Raised $2.3M (real) Modeled valuation $79M (est)Seed2009Seed · 2010-11-08 Raised $775K (real) Modeled valuation $26M (est)Pre-Seed · 2011-04-08 Raised $975K (real) Modeled valuation $41M (est)Pre-Seed2011Seed · 2011-04-08 Raised $975K (real) Modeled valuation $33M (est)Seed · 2011-09-22 Raised $1.2M (real) Modeled valuation $42M (est)Seed2011Pre-Seed · 2011-09-22 Raised $700K (real) Modeled valuation $30M (est)Seed · 2012-02-17 Raised $500K (real) Modeled valuation $17M (est)Seed2012Seed · 2012-03-26 Raised $250K (real) Modeled valuation $8.5M (est)Seed · 2014-04-29 Raised $120K (real) Modeled valuation $4.1M (est)Seed2014Seed · 2014-06-03 Raised $1.4M (real) Modeled valuation $46M (est)Seed · 2014-08-27 Raised $825K (real) Modeled valuation $28M (est)Seed2014Seed · 2015-06-02 Raised $1.0M (real) Modeled valuation $34M (est)Seed · 2015-11-17 Raised $3.7M (real) Modeled valuation $127M (est)Seed2015Seed · 2015-11-17 Raised $3.7M (real) Modeled valuation $127M (est)Seed · 2016-09-29 Raised $3.0M (real) Modeled valuation $102M (est)Seed2016Series A · 2018-07-01 Raised $5.5M (real) Modeled valuation $153M (est)Series A · 2020-04-29 Raised $250K (real) Modeled valuation $6.9M (est)Series A2020Series A · 2020-08-21 Raised $1.5M (real) Modeled valuation $39M (est)Cumulative $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
Seed$2.3M · 2009
Seed extension$775K · 2010
Bridge · Seed-stage$975K · 2011smaller follow-on
Seed extension$975K · 2011
Seed extension$1.2M · 2011
Bridge · Seed-stage$700K · 2011smaller follow-on
Seed extension$500K · 2012
Seed extension$250K · 2012
Seed extension$120K · 2014
Seed extension$1.4M · 2014
Seed extension$825K · 2014
Seed extension$1.0M · 2015
Seed extension$3.7M · 2015
Seed extension$3.7M · 2015
Seed extension$3.0M · 2016
Series A$5.5M · 2018
Series A extension$250K · 2020
Series A extension$1.5M · 2020

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

Modeled valuation trajectory
$39.3M
Base estimate est.
$2.0M
Conservative case
$207.2M
Upside case
$6.8M
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.

Seed · modeled $79.3M · 2009-07-182009Seed · modeled $26.4M · 2010-11-08Pre-Seed · modeled $41.3M · 2011-04-08Seed · modeled $33.2M · 2011-04-08Seed · modeled $41.7M · 2011-09-22Pre-Seed · modeled $29.7M · 2011-09-22Seed · modeled $17.0M · 2012-02-17Seed · modeled $8.5M · 2012-03-26Seed · modeled $4.1M · 2014-04-29Seed · modeled $46.0M · 2014-06-03Seed · modeled $28.1M · 2014-08-27Seed · modeled $34.1M · 2015-06-02Seed · modeled $126.9M · 2015-11-17Seed · modeled $126.9M · 2015-11-17Seed · modeled $102.2M · 2016-09-29Series A · modeled $152.6M · 2018-07-01Series A · modeled $6.9M · 2020-04-29Series A · modeled $39.3M · 2020-08-212020
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
5.9 yr
Elapsed time used
5.9 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$2.1M/yr
Capital velocity
17.0 yr
On record since
2009
First round
18
Rounds on file
How it compares to the market

Benchmarked against 21302 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) 7.3× above median
This company$23.3M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.5M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$39.3M
Sector median$37.3M

Raised more than 85% of sector peers (real $). Modeled value above 51% 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 #898 of 992.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Neighborhoods.com, LLC · Series A Raised $15.0M · modeled $416.1M (est)tinyBuild Inc. · Series A Raised $18.8M · modeled $416.1M (est)DV01, Inc. · Series A Raised $28.4M · modeled $416.1M (est)NowSecure, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Airbiquity Inc · Series A Raised $29.4M · modeled $416.1M (est)AnalyticsIQ Holdings, Inc. · Series A Raised $15.0M · modeled $416.1M (est)MIXhalo Corp. · Series A Raised $14.7M · modeled $408.5M (est)Automation Hero, Inc. · Series A Raised $14.5M · modeled $402.2M (est)Bioz, Inc. · Series A Raised $14.5M · modeled $401.7M (est)Gamers Net, Inc. · Series A Raised $14.2M · modeled $392.9M (est)PassiveLogic, Inc. · Series A Raised $14.0M · modeled $389.1M (est)Stellar Aurora, Inc. · Series A Raised $14.0M · modeled $388.5M (est)ComSovereign Holding Corp. (this company) Raised $23.3M · modeled $39.3M (est)ComSovereign Holding Corp.
CompanyStageRaised · realValue · estvs peer med.
Neighborhoods.com, LLCSeries A$15.0M$416.1M2.92×
tinyBuild Inc.Series A$18.8M$416.1M2.92×
DV01, Inc.Series A$28.4M$416.1M2.92×
NowSecure, Inc.Series A$15.0M$416.1M2.92×
Airbiquity IncSeries A$29.4M$416.1M2.92×
AnalyticsIQ Holdings, Inc.Series A$15.0M$416.1M2.92×
MIXhalo Corp.Series A$14.7M$408.5M2.87×
Automation Hero, Inc.Series A$14.5M$402.2M2.82×
Bioz, Inc.Series A$14.5M$401.7M2.82×
Gamers Net, Inc.Series A$14.2M$392.9M2.76×
PassiveLogic, Inc.Series A$14.0M$389.1M2.73×
Stellar Aurora, Inc.Series A$14.0M$388.5M2.73×
ComSovereign Holding Corp. this companySeries A$23.3M$39.3M0.28×
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$2.3M2009-07-18$11.6M$79.3M85%
Seed$775K2010-11-08$3.9M$26.4M85%
Pre-Seed$975K2011-04-08$5.4M$41.3M85%
Seed$975K2011-04-08$4.9M$33.2M85%
Seed$1.2M2011-09-22$6.1M$41.7M85%
Pre-Seed$700K2011-09-22$3.9M$29.7M85%
Seed$500K2012-02-17$2.5M$17.0M85%
Seed$250K2012-03-26$1.3M$8.5M85%
Seed$120K2014-04-29$600K$4.1M85%
Seed$1.4M2014-06-03$6.8M$46.0M85%
Seed$825K2014-08-27$4.1M$28.1M85%
Seed$1.0M2015-06-02$5.0M$34.1M85%
Seed$3.7M2015-11-17$18.6M$126.9M85%
Seed$3.7M2015-11-17$18.6M$126.9M85%
Seed$3.0M2016-09-29$15.0M$102.2M90%
Series A$5.5M2018-07-01$25.0M$152.6M90%
Series A$250K2020-04-29$1.1M$6.9M90%
Series A$1.5M2020-08-21$6.8M$39.3M90%
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$2.3M2009-07-18
    • First recorded raise — entered as Seed.
    • 8 investors on this round.
  2. Seed$775K2010-11-08
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  3. Pre-Seed$975K2011-04-08
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  4. Seed$975K2011-04-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  5. Seed$1.2M2011-09-22
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 17 investors on this round.
  6. Pre-Seed$700K2011-09-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  7. Seed$500K2012-02-17
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  8. Seed$250K2012-03-26
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  9. Seed$120K2014-04-29
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  10. Seed$1.4M2014-06-03
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 11.3× larger than the prior — scaling up.
    • 7 investors on this round.
  11. Seed$825K2014-08-27
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  12. Seed$1.0M2015-06-02
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  13. Seed$3.7M2015-11-17
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 12 investors on this round.
  14. Seed$3.7M2015-11-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  15. Seed$3.0M2016-09-29
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  16. Series A$5.5M2018-07-01
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
  17. Series A$250K2020-04-29
    • Raised again after 22 mo — slower than the ~13 mo sector norm.
    • Round 22.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  18. Series A$1.5M2020-08-21
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 6.0× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~8mo cadence
$4.5M
Modeled next size est.range $2.9M$7.2M
6.0×
Last step-up
$2.1M/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
Richard J. Berman7 other2020-04
Michael Flynn5 other2016-09
Wayne Jackson4 other2014-06
Daniel L. Hodges2 other2020-04
JAMES A MARKS2 other2020-04
John E. Howell2 other2020-04
John E. Miller2 other2018-07
Brent M. Davies1 other2020-04
KENDALL CARPENTER1 other2009-07
Brian T. Mihelich2020-04
DANIYEL ERDBERG2014-06
Daniyel H. Erdberg2018-07
David E. Aguilar2018-07
David M. Aguilar2020-04
Dustin T. McIntire2020-04
FELICIA HESS2014-06
Felicia H. Hess2018-07
Jay H. Nussbaum2018-07
Jay Nussbaum2015-11
Kendall H. Carpenter2018-07
Kendall W. Carpenter2011-04
Kevin Hess2015-11
Kevin M. Sherlock2020-04
Michael Haas2014-04
Registry & provenance

ComSovereign Holding Corp. 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
1178727
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
ComSovereign Corp.Other TechnologyPre-Seed$200K$8.5Mnetwork4 shared operators · same sector
Proficient, Inc.Other TechnologySeries A$9.7M$30.9Mnetwork1 shared operator · same sector · same stage
Transform-X, Inc.Other TechnologySeed$1.6M$6.8Mnetwork2 shared operators · same sector
Viewfinity, Inc.Other TechnologySeries A$22.2M$40.2Msame sector · same stage
Mable Wholesale, Inc.Other TechnologySeries A$24.6M$38.7Msame sector · same stage
Innova Vascular, Inc.Other TechnologySeries A$21.9M$38.5Msame sector · same stage
Looma Project, Inc.Other TechnologySeries A$21.6M$38.7Msame sector · same stage
UniRisX, LLCOther TechnologySeries A$25.3M$37.8Msame 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
ComSovereign Corp.Other TechnologyPre-Seed$8.5M98%
Compellon IncOther TechnologySeries A$9.7M85%
Finsurtech Holdings LLCOther TechnologyPre-Seed$2.1M84%
CERVEST LtdOther TechnologySeries B$711.4M84%
Finjan Holdings, Inc.Other TechnologySeries B$466.0M84%
Commsignia Inc.Other TechnologySeries A$329.9M84%
Crepuscular Acquisition CorpOther TechnologySeed$64.2M84%
Convesio, Inc.Other TechnologySeed$41.6M84%
Frequently asked
How much funding has ComSovereign Holding Corp. raised?
ComSovereign Holding Corp. has raised approximately $23.3M in disclosed capital across 15 recorded financing rounds, aggregated from public filings.
What is ComSovereign Holding Corp.'s estimated valuation?
Provath's modeled valuation for ComSovereign Holding Corp. is approximately $39.3M (modeled range $2.0M–$207.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ComSovereign Holding Corp. at?
ComSovereign Holding Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Aug 21.
What does ComSovereign Holding Corp. do and where is it based?
ComSovereign Holding Corp. operates in the Other Technology sector, based in DALLAS.
Explore related

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