Companies · Telecommunications

Crexendo, Inc.

TEMPE · Telecommunications

Diligence memoA one-page analyst read on Crexendo, Inc. — recommendation, valuation, rhythm, risks.
$21.2M
Total raised · real
2
Rounds
9.6×
Latest step-up
Top 23%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jun 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Crexendo, Inc. looks fair 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.

Fair
  • Modeled value is 0.90× the median modeled value of Series B Telecommunications companies in 2019–2021 (15 peers) — value vs value, same stage and era.
  • Within the normal band (90% of peer median) for its niche.
Dormant
  • Last raise 5.1 yr ago; this sector typically re-raises about every 10 months.
  • Silent for over 3× the sector's normal cadence.
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

Crexendo, Inc. is one of 929 Telecommunications companies tracked from TEMPE. By capital raised it ranks in the upper tier (ahead of 78% 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
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
75
Investors (latest)
2021-06-01
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$125M$250M$375M$500MSeed · 2014-12-24 Raised $2.0M (real) Modeled valuation $43M (est)$2.0M$43MSeed2014Series B · 2021-06-01 Raised $19M (real) Modeled valuation $286M (est)$19M$286MSeries B2021+$19MCumulative $21M

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$2.0M · 2014
Series B$19.2M · 2021no Series A on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$286.4M
Base estimate est.
$46.5M
Conservative case
$925.1M
Upside case
$106.5M
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.

Seed · modeled $43.1M · 2014-12-242014Series B · modeled $286.4M · 2021-06-012021
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
5.1 yr
Elapsed time used
5.1 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
77 mo
Avg between rounds
$3.3M/yr
Capital velocity
11.5 yr
On record since
2014
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) 5.4× above median
This company$21.2M
Sector median$4.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$19.2M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 10× above median
This company$286.4M
Sector median$28.3M

Raised more than 78% of sector peers (real $). Modeled value above 86% 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 #10 of 15.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)CALIENT Technologies INC · Series B Raised $109.1M · modeled $615.1M (est)Point Broadband, LLC · Series B Raised $42.8M · modeled $510.0M (est)Orion Labs, Inc. · Series B Raised $57.7M · modeled $464.7M (est)Zoom Telephonics, Inc. · Series B Raised $38.8M · modeled $433.5M (est)Dali Systems Co. Ltd. · Series B Raised $53.4M · modeled $419.2M (est)Skylake Wireless, LLC · Series B Raised $19.8M · modeled $350.6M (est)DAS Purchaser Parent, L.P. · Series B Raised $16.7M · modeled $321.7M (est)Wind Talker Innovations, Inc. · Series B Raised $30.3M · modeled $316.7M (est)Goodman Telecom Holdings, LLC · Series B Raised $16.0M · modeled $307.9M (est)Skylake Wireless II, LLC · Series B Raised $20.0M · modeled $272.7M (est)Fiber Minnesota, LLC · Series B Raised $18.0M · modeled $251.3M (est)Crexendo, Inc. (this company) Raised $21.2M · modeled $286.4M (est)Crexendo, Inc.
CompanyStageRaised · realValue · estvs peer med.
CALIENT Technologies INCSeries B$109.1M$615.1M1.94×
Point Broadband, LLCSeries B$42.8M$510.0M1.61×
Orion Labs, Inc.Series B$57.7M$464.7M1.47×
Zoom Telephonics, Inc.Series B$38.8M$433.5M1.37×
Dali Systems Co. Ltd.Series B$53.4M$419.2M1.32×
Skylake Wireless, LLCSeries B$19.8M$350.6M1.11×
DAS Purchaser Parent, L.P.Series B$16.7M$321.7M1.02×
Wind Talker Innovations, Inc.Series B$30.3M$316.7M1.00×
Goodman Telecom Holdings, LLCSeries B$16.0M$307.9M0.97×
Crexendo, Inc. this companySeries B$21.2M$286.4M0.90×
Skylake Wireless II, LLCSeries B$20.0M$272.7M0.86×
Fiber Minnesota, LLCSeries B$18.0M$251.3M0.79×
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$2.0M2014-12-24$10.0M$43.1M85%
Series B$19.2M2021-06-01$106.5M$286.4M90%
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$2.0M2014-12-24
    • First recorded raise — entered as Seed.
  2. Series B$19.2M2021-06-01
    • Raised again after 77 mo — slower than the ~10 mo sector norm.
    • Round 9.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 505).
    • 75 investors on this round.
Intelligence
2027 ~Q4
Modeled next raise · ~77mo cadence
$57.5M
Modeled next size est.range $37.4M$92.0M
9.6×
Last step-up
$3.3M/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
Anil G. Puri2014-12
ANIL K. PURI2021-06
David G. Williams2014-12
DAVID ROY WILLIAMS2021-06
Jeffrey G. Bash2014-12
JEFFREY PARR BASH2021-06
Steven G. Mihaylo2014-12
TODD ANDREW GOERGEN2021-06
Todd G. Goergen2014-12
Registry & provenance

Crexendo, 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
1075736
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
Skorpios Technologies, Inc.TelecommunicationsSeries B$21.2M$365.6Msame sector · same stage
Private Tech Inc.TelecommunicationsSeries B$21.4M$184.6Msame sector · same stage
IPW Holdings, Inc.TelecommunicationsSeries B$21.5M$117.0Msame sector · same stage
Apeiron Wireless, LLCTelecommunicationsSeries B$20.5M$394.5Msame sector · same stage
Canela Media IncTelecommunicationsSeries B$20.4M$255.2Msame sector · same stage
Glimmerglass Networks IncTelecommunicationsSeries B$22.2M$300.7Msame sector · same stage
Acme Packet IncTelecommunicationsSeries B$22.2M$428.1Msame sector · same stage
Verivue, Inc.TelecommunicationsSeries B$20.1M$387.3Msame 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
Plexuss, Inc.TelecommunicationsSeed$33.4M83%
Textel CX Inc.TelecommunicationsSeed$81.1M83%
Abside Networks, Inc.TelecommunicationsSeed$563K83%
Conocer Digital Holdings, Inc.TelecommunicationsPre-Seed$436K82%
TeleCalm, Inc.TelecommunicationsPre-Seed$7.6M81%
Telepath Networks, Inc.TelecommunicationsPre-Seed$17.4M81%
Sentrei, Inc.TelecommunicationsPre-Seed$10.2M81%
GenXComm, Inc.TelecommunicationsSeries B$68.8M81%
Frequently asked
How much funding has Crexendo, Inc. raised?
Crexendo, Inc. has raised approximately $21.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Crexendo, Inc.'s estimated valuation?
Provath's modeled valuation for Crexendo, Inc. is approximately $286.4M (modeled range $46.5M–$925.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Crexendo, Inc. at?
Crexendo, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jun 01.
What does Crexendo, Inc. do and where is it based?
Crexendo, Inc. operates in the Telecommunications sector, based in TEMPE.
Explore related

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

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