Companies · Software / Tech

Digihost Technology Inc.

TORONTO · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Digihost Technology Inc. — recommendation, valuation, rhythm, risks.
$73.1M
Total raised · real
6
Rounds
1.7×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Fri Feb 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Digihost Technology Inc. looks under-valued against its niche peers and is quiet 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 0.40× the median modeled value of Series B Software / Tech companies in 2025–2027 (95 peers) — value vs value, same stage and era.
Quiet
  • Last raise 17 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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

Digihost Technology Inc. is one of 3920 Software / Tech companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 94% 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
33
Investors (latest)
2025-02-07
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$500MSeries B · 2021-03-16 Raised $20M (real) Modeled valuation $473M (est)$20M$473MSeries B2021Series B · 2021-04-09 Raised $20M (real) Modeled valuation $464M (est)$20M$464MSeries B2021Series B · 2021-06-18 Raised $12M (real) Modeled valuation $264M (est)$12M$264MSeries B2021Series B · 2022-03-09 Raised $10M (real) Modeled valuation $175M (est)$10M$175MSeries B2022Series B · 2024-08-15 Raised $4.0M (real) Modeled valuation $29M (est)$4.0M$29MSeries B2024Series B · 2025-02-07 Raised $6.6M (real) Modeled valuation $40M (est)$6.6M$40MSeries B2025+$20M+$12M+$10M+$4.0M+$6.6MCumulative $73M

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 B$19.9M · 2021
Series B extension$20.0M · 2021
Series B extension$12.2M · 2021
Series B extension$10.4M · 2022
Series B extension$4.0M · 2024
Series B extension$6.6M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$39.9M
Base estimate est.
$16.2M
Conservative case
$63.6M
Upside case
$36.7M
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 technology sector profile. Directional, not a quoted figure.

Series B · modeled $472.5M · 2021-03-162021Series B · modeled $464.2M · 2021-04-09Series B · modeled $263.7M · 2021-06-18Series B · modeled $175.2M · 2022-03-09Series B · modeled $28.6M · 2024-08-15Series B · modeled $39.9M · 2025-02-072025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
1.4 yr
Elapsed time used
1.4 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$18.7M/yr
Capital velocity
5.3 yr
On record since
2021
First round
6
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) 16× above median
This company$73.1M
Sector median$4.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.3× of median
This company$6.6M
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$39.9M
Sector median$36.6M

Raised more than 94% of sector peers (real $). Modeled value above 53% 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 #78 of 95.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Machina Labs, Inc. · Series B Raised $70.2M · modeled $205.6M (est)Metaview Technologies Inc. · Series B Raised $51.7M · modeled $198.0M (est)Felix Technologies Inc. · Series B Raised $61.1M · modeled $194.6M (est)Foxglove Technologies Inc. · Series B Raised $58.0M · modeled $190.8M (est)NetBox Labs, Inc. · Series B Raised $53.3M · modeled $184.8M (est)Omni Design Technologies, Inc. · Series B Raised $34.3M · modeled $182.7M (est)Alaffia Technology Solutions, Inc. · Series B Raised $57.3M · modeled $182.6M (est)Rivington Labs Inc. · Series B Raised $59.6M · modeled $176.4M (est)Labs Companies, Inc. · Series B Raised $57.5M · modeled $175.4M (est)Reveal Technology, Inc. · Series B Raised $28.5M · modeled $159.7M (est)Architect Financial Technologies Inc. · Series B Raised $52.5M · modeled $158.8M (est)Pylon Labs, Inc. · Series B Raised $49.7M · modeled $156.3M (est)Digihost Technology Inc. (this company) Raised $73.1M · modeled $39.9M (est)Digihost Technology Inc.
CompanyStageRaised · realValue · estvs peer med.
Machina Labs, Inc.Series B$70.2M$205.6M2.07×
Metaview Technologies Inc.Series B$51.7M$198.0M2.00×
Felix Technologies Inc.Series B$61.1M$194.6M1.96×
Foxglove Technologies Inc.Series B$58.0M$190.8M1.92×
NetBox Labs, Inc.Series B$53.3M$184.8M1.86×
Omni Design Technologies, Inc.Series B$34.3M$182.7M1.84×
Alaffia Technology Solutions, Inc.Series B$57.3M$182.6M1.84×
Rivington Labs Inc.Series B$59.6M$176.4M1.78×
Labs Companies, Inc.Series B$57.5M$175.4M1.77×
Reveal Technology, Inc.Series B$28.5M$159.7M1.61×
Architect Financial Technologies Inc.Series B$52.5M$158.8M1.60×
Pylon Labs, Inc.Series B$49.7M$156.3M1.58×
Digihost Technology Inc. this companySeries B$73.1M$39.9M0.40×
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 B$19.9M2021-03-16$110.5M$472.5M90%
Series B$20.0M2021-04-09$111.1M$464.2M90%
Series B$12.2M2021-06-18$67.5M$263.7M90%
Series B$10.4M2022-03-09$57.8M$175.2M90%
Series B$4.0M2024-08-15$22.2M$28.6M90%
Series B$6.6M2025-02-07$36.7M$39.9M90%
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 B$19.9M2021-03-16
    • First recorded raise — entered as Series B.
    • 6 investors on this round.
  2. Series B$20.0M2021-04-09
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  3. Series B$12.2M2021-06-18
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Series B$10.4M2022-03-09
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  5. Series B$4.0M2024-08-15
    • Raised again after 29 mo — slower than the ~13 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  6. Series B$6.6M2025-02-07
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 33 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~9mo cadence
$10.9M
Modeled next size est.range $7.1M$17.5M
1.7×
Last step-up
$18.7M/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
Paul Ciullo3 other2021-06
Donald Christie1 other2021-03
Jon Williams1 other2021-03
Zhichao Li1 other2024-08
Adam Rossman2021-03
Adam S. Rossman2022-03
Alec Amar2021-03
Cindy Davis2021-03
Daniel Rotunno2022-03
Donald S. Christie2022-03
Geoffrey Browne2021-03
Gerald Rotonda2021-03
Gerard Guez2021-06
Gerard Rotonda2024-08
Luke S. Marchiori2022-03
Manish Kshatriya2021-03
Manish S. Kshatriya2022-03
Michel Amar2021-03
Remy S. Giovannacci2022-03
Registry & provenance

Digihost Technology 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
1854368
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
Algebraix Data CorpSoftware / TechSeries B$69.0M$38.7Msame sector · same stage
Message Systems, Inc.Software / TechSeries B$77.7M$36.5Msame sector · same stage
Pixxel Space Technologies, Inc.Software / TechSeries B$68.0M$32.7Msame sector · same stage
Geophysical Technology Inc.Software / TechSeries B$67.9M$46.9Msame sector · same stage
Eventus Systems, Inc.Software / TechSeries B$56.8M$47.4Msame sector · same stage
Butlr Technologies Inc.Software / TechSeries B$53.0M$46.4Msame sector · same stage
Cormint Data Systems, Inc.Software / TechSeries B$38.3M$38.5Msame sector · same stage
Devolver Digital, Inc.Software / TechSeries B$36.5M$47.9Msame 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
Digicash Technology Venture Ltd.Software / TechSeries A$6.9M84%
Postr Technologies, Inc.Software / TechSeed$4.6M83%
Scanit Technologies, Inc.Software / TechPre-Seed$10.6M83%
Revir Technologies, Inc.Software / TechSeed$16.4M83%
TruSTAR Technology, Inc.Software / TechSeries A$138.7M82%
Fortem Technologies, Inc.Software / TechSeries B$498.6M82%
Diffender Technologies Inc.Software / TechSeed$102.2M82%
HYPAR Tech, LLCSoftware / TechPre-Seed$25.4M82%
Frequently asked
How much funding has Digihost Technology Inc. raised?
Digihost Technology Inc. has raised approximately $73.1M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Digihost Technology Inc.'s estimated valuation?
Provath's modeled valuation for Digihost Technology Inc. is approximately $39.9M (modeled range $16.2M–$63.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Digihost Technology Inc. at?
Digihost Technology Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Feb 07.
What does Digihost Technology Inc. do and where is it based?
Digihost Technology Inc. operates in the Software / Tech sector, based in TORONTO.
Explore related

See where Digihost Technology 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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