Companies · Software / Tech

Dev-Lock Systems, Inc.

Littleton · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on Dev-Lock Systems, Inc. — recommendation, valuation, rhythm, risks.
$9.3M
Total raised · real
4
Rounds
70.0×
Latest step-up
Top 35%
Sector rank · raised
Series A
Latest stage · inferred · Mon Jul 01 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Dev-Lock Systems, 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 technology 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 1.43× the median modeled value of Series A Software / Tech companies in 2019–2021 (278 peers) — value vs value, same stage and era.
  • Within the normal band (143% of peer median) for its niche.
Dormant
  • Last raise 7.0 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Dev-Lock Systems, Inc. is one of 3920 Software / Tech companies tracked from Littleton. By capital raised it ranks mid-pack (ahead of 66% 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(c)
Reg D exemption
2013
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$50M$100M$150M$200MPre-Seed · 2014-08-06 Raised $200K (real) Modeled valuation $8.5M (est)$200K$8.5MPre-Seed2014Seed · 2016-07-01 Raised $2.0M (real) Modeled valuation $68M (est)$2.0M$68MSeed2016Seed · 2016-07-01 Raised $2.0M (real) Modeled valuation $68M (est)$2.0M$68MSeed2016Seed · 2017-04-26 Raised $100K (real) Modeled valuation $3.4M (est)$100K$3.4MSeed2017Series A · 2019-07-01 Raised $7.0M (real) Modeled valuation $194M (est)$7.0M$194MSeries A2019+$2.0M+$2.0M+$100K+$7.0MCumulative $11M

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
Pre-Seed$200K · 2014
Seed$2.0M · 2016
Seed extension$2.0M · 2016
Seed extension$100K · 2017
Series A$7.0M · 2019

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

Modeled valuation trajectory
$194.2M
Base estimate est.
$9.4M
Conservative case
$1.1B
Upside case
$31.8M
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.

Pre-Seed · modeled $8.5M · 2014-08-062014Seed · modeled $68.1M · 2016-07-01Seed · modeled $68.1M · 2016-07-01Seed · modeled $3.4M · 2017-04-26Series A · modeled $194.2M · 2019-07-012019
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
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$1.9M/yr
Capital velocity
11.9 yr
On record since
2014
First round
5
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 2.0× above median
This company$9.3M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.3× above median
This company$7.0M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 5.3× above median
This company$194.2M
Sector median$36.6M

Raised more than 66% 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 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 #75 of 278.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Digital Hands, LLC · Series A Raised $15.0M · modeled $416.1M (est)Ophelius Labs Inc · Series A Raised $15.0M · modeled $416.1M (est)StreetLight Data Inc. · Series A Raised $40.5M · modeled $416.1M (est)Unlimited Labs Inc. · Series A Raised $23.9M · modeled $416.1M (est)Numerated Growth Technologies, Inc. · Series A Raised $27.5M · modeled $416.1M (est)Carevive Systems, Inc. · Series A Raised $22.2M · modeled $414.9M (est)Lyra Technologies, Inc. · Series A Raised $19.5M · modeled $414.5M (est)Panther Labs Inc. · Series A Raised $20.4M · modeled $405.9M (est)Ascent Technologies, Inc. · Series A Raised $22.1M · modeled $405.0M (est)Weyland Tech, Inc. · Series A Raised $15.3M · modeled $396.3M (est)Transparent Financial Systems, Inc. · Series A Raised $14.2M · modeled $393.9M (est)Racktop Systems, Inc. · Series A Raised $14.9M · modeled $385.3M (est)Dev-Lock Systems, Inc. (this company) Raised $9.3M · modeled $194.2M (est)Dev-Lock Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Digital Hands, LLCSeries A$15.0M$416.1M3.06×
Ophelius Labs IncSeries A$15.0M$416.1M3.06×
StreetLight Data Inc.Series A$40.5M$416.1M3.06×
Unlimited Labs Inc.Series A$23.9M$416.1M3.06×
Numerated Growth Technologies, Inc.Series A$27.5M$416.1M3.06×
Carevive Systems, Inc.Series A$22.2M$414.9M3.05×
Lyra Technologies, Inc.Series A$19.5M$414.5M3.04×
Panther Labs Inc.Series A$20.4M$405.9M2.98×
Ascent Technologies, Inc.Series A$22.1M$405.0M2.97×
Weyland Tech, Inc.Series A$15.3M$396.3M2.91×
Transparent Financial Systems, Inc.Series A$14.2M$393.9M2.89×
Racktop Systems, Inc.Series A$14.9M$385.3M2.83×
Dev-Lock Systems, Inc. this companySeries A$9.3M$194.2M1.43×
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.
Pre-Seed$200K2014-08-06$1.1M$8.5M85%
Seed$2.0M2016-07-01$10.0M$68.1M85%
Seed$2.0M2016-07-01$10.0M$68.1M85%
Seed$100K2017-04-26$500K$3.4M90%
Series A$7.0M2019-07-01$31.8M$194.2M90%
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. Pre-Seed$200K2014-08-06
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$2.0M2016-07-01
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 10.0× larger than the prior — scaling up.
  3. Seed$2.0M2016-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  4. Seed$100K2017-04-26
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 20.0× smaller than the prior — bridge or down round.
  5. Series A$7.0M2019-07-01
    • Raised again after 26 mo — slower than the ~13 mo sector norm.
    • Round 70.0× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
Intelligence
2020 ~Q3
Modeled next raise · ~15mo cadence
$21.0M
Modeled next size est.range $13.7M$33.6M
70.0×
Last step-up
$1.9M/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
Mark Soderberg1 other2016-07
Bryan Bockmon2014-08
Jason Gallia2019-07
Matthew Tatusko2014-08
Tom Garretson2019-07
Travis Swanson2016-07
Registry & provenance

Dev-Lock Systems, 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
1616717
SEC CIK
2013
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.

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Theoris Software, Inc.Software / TechSeries A$9.4M$260.0Msame sector · same stage
RedCircle Technologies, Inc.Software / TechSeries A$9.2M$150.5Msame sector · same stage
Advanced Grow Labs PA, LLCSoftware / TechSeries A$9.4M$260.8Msame sector · same stage
Steady Platform, Inc.Software / TechSeries A$9.1M$253.1Msame sector · same stage
Trinsic Technologies, Inc.Software / TechSeries A$9.1M$136.1Msame sector · same stage
Transcend Software, Inc.Software / TechSeries A$9.5M$187.1Msame sector · same stage
Digital Infrastructure Inc.Software / TechSeries A$9.1M$131.1Msame 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
DevBlock Technologies Inc.Software / TechPre-Seed$8.5M82%
Knox Systems, Inc. / DESoftware / TechSeries A$24.4M80%
DaVinci Lock Solutions, Inc.OtherPre-Seed$940K80%
Unlock Labs, Inc.Software / TechPre-Seed$5.0M79%
RemoteLock, Inc.OtherSeries B$57.1M78%
Green Key Technologies, Inc.Software / TechSeed$102.2M78%
Homekey Systems, Inc.Software / TechSeed$5.1M78%
Devolver Digital, Inc.Software / TechSeries B$47.9M78%
Frequently asked
How much funding has Dev-Lock Systems, Inc. raised?
Dev-Lock Systems, Inc. has raised approximately $9.3M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Dev-Lock Systems, Inc.'s estimated valuation?
Provath's modeled valuation for Dev-Lock Systems, Inc. is approximately $194.2M (modeled range $9.4M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Dev-Lock Systems, Inc. at?
Dev-Lock Systems, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Jul 01.
What does Dev-Lock Systems, Inc. do and where is it based?
Dev-Lock Systems, Inc. operates in the Software / Tech sector, based in Littleton.
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