Companies · Computers

Core Scientific, Inc./tx

AUSTIN · Computers

Diligence memoA one-page analyst read on Core Scientific, Inc./tx — recommendation, valuation, rhythm, risks.
$100.0M
Total raised · real
1
Rounds
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Sep 09 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Core Scientific, Inc./tx looks over-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 software/compute sector profile.

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

Over-valued
  • Modeled value is 3.88× the median modeled value of Series C Computers companies in 2022–2024 (6 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.8 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Computers

Core Scientific, Inc./tx is one of 1371 Computers companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 97% 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
1
Investors (latest)
2020
Year incorporated
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$500M$1.0B$1.5B$2.0BSeries C · 2022-09-09 Raised $100M (real) Modeled valuation $1.8B (est)$100M$1.8BSeries C2022

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 C$100.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$1.8B
Base estimate est.
$386.7M
Conservative case
$3.6B
Upside case
$666.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.39×/yr
Annual markup
1.60×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.8 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1371 companies in Computers. 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) 53× above median
This company$100.0M
Sector median$1.9M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.9× above median
This company$100.0M
Sector median$52.5M
Modeled value — vs sector median (estimate, all stages) 55× above median
This company$1.8B
Sector median$33.0M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #1 of 6.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Yizhihui Technology Elderly Care Group Co., Ltd · Series C Raised $100.0M · modeled $883.6M (est)Flexcompute Inc · Series C Raised $80.7M · modeled $530.0M (est)ReversingLabs, Inc. · Series C Raised $120.1M · modeled $413.2M (est)ScienceLogic, Inc. · Series C Raised $161.7M · modeled $377.3M (est)Red Canary, Inc. · Series C Raised $139.8M · modeled $96.0M (est)Core Scientific, Inc./tx (this company) Raised $100.0M · modeled $1.8B (est)Core Scientific, Inc./tx
CompanyStageRaised · realValue · estvs peer med.
Core Scientific, Inc./tx this companySeries C$100.0M$1.8B3.88×
Yizhihui Technology Elderly Care Group Co., LtdSeries C$100.0M$883.6M1.87×
Flexcompute IncSeries C$80.7M$530.0M1.12×
ReversingLabs, Inc.Series C$120.1M$413.2M0.88×
ScienceLogic, Inc.Series C$161.7M$377.3M0.80×
Red Canary, Inc.Series C$139.8M$96.0M0.20×
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 C$100.0M2022-09-09$666.7M$1.8B90%
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 C$100.0M2022-09-09
    • First recorded raise — entered as Series C.
    • 1 investor on this round.
Intelligence
Modeled next raise
$160.0M
Modeled next size est.range $104.0M$256.0M
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
Michael Levitt2 other2022-09
Darin M Feinstein2022-09
Denise Sterling2022-09
Jarvis M Hollingsworth2022-09
Kneeland M Youngblood2022-09
Matt M Minnis2022-09
Stacie M Olivares2022-09
Todd M DuChene2022-09
Registry & provenance

Core Scientific, Inc./tx 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
1839341
SEC CIK
2020
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
Prospect Services Inc.ComputersSeries C$100.0M$520.0Msame sector · same stage
Yizhihui Technology Elderly Care Group Co., LtdComputersSeries C$100.0M$883.6Msame sector · same stage
Fractal Industries, Inc.ComputersSeries C$96.6M$3.0Bsame sector · same stage
NS8 Inc.ComputersSeries C$105.7M$2.8Bsame sector · same stage
Skykick, Inc.ComputersSeries C$106.5M$1.8Bsame sector · same stage
Rocket Software IncComputersSeries C$91.9M$3.5Bsame sector · same stage
Stretch IncComputersSeries C$115.1M$190.7Msame sector · same stage
xAD Inc.ComputersSeries C$118.8M$677.4Msame 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
Core Scientific, Inc.Other TechnologySeries D+$7.9B87%
Bra-Ket Science, Inc.ComputersSeed$14.5M83%
ScienceLogic, Inc.ComputersSeries C$377.3M83%
Nov 1337 Labs, Inc.ComputersPre-Seed$575K81%
Edison Scientific, Inc.ComputersSeries C$417.9M80%
Pure Oxygen Labs, Inc.ComputersPre-Seed$50.7M80%
SumX, IncComputersSeed$3.6M79%
Protech Systems Group, Inc.ComputersPre-Seed$46.0M79%
Frequently asked
How much funding has Core Scientific, Inc./tx raised?
Core Scientific, Inc./tx has raised approximately $100.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Core Scientific, Inc./tx's estimated valuation?
Provath's modeled valuation for Core Scientific, Inc./tx is approximately $1.8B (modeled range $386.7M–$3.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Core Scientific, Inc./tx at?
Core Scientific, Inc./tx's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Sep 09.
What does Core Scientific, Inc./tx do and where is it based?
Core Scientific, Inc./tx operates in the Computers sector, based in AUSTIN.
Explore related

See where Core Scientific, Inc./tx sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Core Scientific, Inc./tx, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.