Companies · Other

Conduce, Inc./DE/

NEW YORK · Other

Diligence memoA one-page analyst read on Conduce, Inc./DE/ — recommendation, valuation, rhythm, risks.→
$3.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Mon Mar 11 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Conduce, Inc./DE/ looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.26× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era.
  • Within the normal band (126% of peer median) for its niche.
At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Conduce, Inc./DE/ is one of 25015 Other companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 57% 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
13
Investors (latest)
2022
Year incorporated
2024-03-11
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$5.0M$10M$15M$20MSeed · 2024-03-11 Raised $3.0M (real) Modeled valuation $14M (est)$3.0M$14MSeed2024

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$3.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — 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
$14.1M
Base estimate est.
$2.7M
Conservative case
$40.9M
Upside case
$15.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
2.6 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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)▲ 1.5× above median
This company$3.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.7× above median
This company$3.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages)▼ 0.8× of median
This company$14.1M
Sector median$17.7M

Raised more than 57% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #441 of 1,231.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Dropee Inc. · Seed Raised $3.9M · modeled $40.7M (est)NFH Northern Project Development, LLC · Seed Raised $4.0M · modeled $40.7M (est)FactorFund-Note-2022 LLC · Seed Raised $4.0M · modeled $40.1M (est)Immersion Elements LLC · Seed Raised $3.8M · modeled $40.0M (est)Possip, Inc. · Seed Raised $5.8M · modeled $39.7M (est)Porch Group, Inc. · Seed Raised $6.0M · modeled $38.8M (est)Rootwurks, Inc. · Seed Raised $3.9M · modeled $38.7M (est)Cordelia Capital Holdings Inc. · Seed Raised $3.9M · modeled $38.4M (est)99 Counties, Inc. · Seed Raised $3.7M · modeled $38.1M (est)2910 Richmond Hill 1 LLC · Seed Raised $3.8M · modeled $37.5M (est)BH Polycor Holding Inc. · Seed Raised $3.9M · modeled $37.0M (est)FitJoy, Inc. · Seed Raised $3.7M · modeled $36.9M (est)Conduce, Inc./DE/ (this company) Raised $3.0M · modeled $14.1M (est)Conduce, Inc./DE/
CompanyStageRaised · realValue · estvs peer med.
Dropee Inc.Seed$3.9M$40.7M3.61×
NFH Northern Project Development, LLCSeed$4.0M$40.7M3.61×
FactorFund-Note-2022 LLCSeed$4.0M$40.1M3.56×
Immersion Elements LLCSeed$3.8M$40.0M3.55×
Possip, Inc.Seed$5.8M$39.7M3.52×
Porch Group, Inc.Seed$6.0M$38.8M3.45×
Rootwurks, Inc.Seed$3.9M$38.7M3.44×
Cordelia Capital Holdings Inc.Seed$3.9M$38.4M3.41×
99 Counties, Inc.Seed$3.7M$38.1M3.38×
2910 Richmond Hill 1 LLCSeed$3.8M$37.5M3.33×
BH Polycor Holding Inc.Seed$3.9M$37.0M3.28×
FitJoy, Inc.Seed$3.7M$36.9M3.28×
Conduce, Inc./DE/ this companySeed$3.0M$14.1M1.26×
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.
Seed$3.0M2024-03-11$15.0M$14.1M90%
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$3.0M2024-03-11
    • First recorded raise — entered as Seed.
    • 13 investors on this round.
Intelligence
—
Modeled next raise
$4.8M
Modeled next size est.range $3.1M–$7.7M
—
Last step-up
—
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
Kevin Ryan—19 other2024-03
Matthew Storeygard—5 other2024-03
Jeff DeFlavio—4 other2024-03
Eric Rosow—1 other2024-03
Najib Jai——2024-03
Registry & provenance

Conduce, Inc./DE/ 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
2016366
SEC CIK
2022
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
Day of Justice Ltd Liabiility CoOtherSeed$3.8M$10.6Mnetwork1 shared operator · same sector · same stage
Ensage, Inc.Other Health CareSeed$1.5M$15.3Mnetwork2 shared operators · same stage
Evermore Woodpoint LLCOtherSeed$3.0M$14.4Msame sector · same stage
Mack & Co. Equity Partners LPOtherSeed$3.0M$14.7Msame sector · same stage
Pad Climbing, IncOtherSeed$3.0M$14.3Msame sector · same stage
Turn On Your Love Light Ltd Liability CoOtherSeed$3.0M$14.4Msame sector · same stage
BioFluff Inc.OtherSeed$3.0M$13.6Msame sector · same stage
DPEG Sakuu 2.0, LPOtherSeed$3.0M$14.1Msame 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
Conduce IncOther TechnologySeries A$22.9M83%
Mainstem, Inc. /DEOtherPre-Seed$1.9M80%
Conduit Ag, Inc.Other TechnologySeries A$58.3M80%
Circ, INC.OtherSeries B$228.9M79%
Lambda, Inc./DEOtherSeries D+$3.4B78%
Congruex LlcOtherSeries C$60.8M78%
PodCo, Inc.OtherSeed$20.4M77%
Divert, Inc.OtherSeed$70.7M77%
Frequently asked
How much funding has Conduce, Inc./DE/ raised?
Conduce, Inc./DE/ has raised approximately $3.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Conduce, Inc./DE/'s estimated valuation?
Provath's modeled valuation for Conduce, Inc./DE/ is approximately $14.1M (modeled range $2.7M–$40.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Conduce, Inc./DE/ at?
Conduce, Inc./DE/'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Mar 11.
What does Conduce, Inc./DE/ do and where is it based?
Conduce, Inc./DE/ operates in the Other sector, based in NEW YORK.
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