Companies · Other

Direct Surety, Inc.

FOSTER CITY · Other

Diligence memoA one-page analyst read on Direct Surety, Inc. — recommendation, valuation, rhythm, risks.
$12.6M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Fri Apr 08 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Direct Surety, Inc. looks under-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.

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 0.34× the median modeled value of Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.2 yr ago; this sector typically re-raises about every 11 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 Other

Direct Surety, Inc. is one of 25008 Other companies tracked from FOSTER CITY. By capital raised it ranks in the upper tier (ahead of 80% 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
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$200MSeed · 2013-06-21 Raised $3.6M (real) Modeled valuation $67M (est)$3.6M$67MSeed2013Series A · 2013-06-21 Raised $7.0M (real) Modeled valuation $106M (est)$7.0M$106MSeries A2013Series A · 2016-04-08 Raised $2.0M (real) Modeled valuation $30M (est)$2.0M$30MSeries A2016+$7.0M+$2.0MCumulative $13M

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$3.6M · 2013
Series A$7.0M · 2013
Series A extension$2.0M · 2016

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: 67%.

Modeled valuation trajectory
$30.3M
Base estimate est.
$2.7M
Conservative case
$164.6M
Upside case
$9.1M
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. Directional, not a quoted figure.

Seed · modeled $67.1M · 2013-06-212013Series A · modeled $105.9M · 2013-06-21Series A · modeled $30.3M · 2016-04-082016
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
10.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$4.5M/yr
Capital velocity
13.0 yr
On record since
2013
First round
3
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 6.2× above median
This company$12.6M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$30.3M
Sector median$17.7M

Raised more than 80% of sector peers (real $). Modeled value above 63% 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 #630 of 707.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Cardinal Memorial Ultimate Holdings, Llc · Series A Raised $15.0M · modeled $227.0M (est)PASSADO Co Ltd · Series A Raised $15.0M · modeled $227.0M (est)Baba Joe Diamond Ventures Us Inc. · Series A Raised $15.0M · modeled $227.0M (est)Black Television News Channel, LLC · Series A Raised $15.0M · modeled $227.0M (est)CannCare, Inc · Series A Raised $15.0M · modeled $227.0M (est)Instapage, Inc. · Series A Raised $18.0M · modeled $227.0M (est)Hogsalt Investors Llc · Series A Raised $15.0M · modeled $227.0M (est)Mina Mar Corp · Series A Raised $15.0M · modeled $227.0M (est)ACM Research, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Genie Enterprises, Ltd · Series A Raised $15.0M · modeled $227.0M (est)Qq Utah 3, Llc · Series A Raised $15.0M · modeled $227.0M (est)Tatcha LLC · Series A Raised $21.3M · modeled $227.0M (est)Direct Surety, Inc. (this company) Raised $12.6M · modeled $30.3M (est)Direct Surety, Inc.
CompanyStageRaised · realValue · estvs peer med.
Cardinal Memorial Ultimate Holdings, LlcSeries A$15.0M$227.0M2.59×
PASSADO Co LtdSeries A$15.0M$227.0M2.59×
Baba Joe Diamond Ventures Us Inc.Series A$15.0M$227.0M2.59×
Black Television News Channel, LLCSeries A$15.0M$227.0M2.59×
CannCare, IncSeries A$15.0M$227.0M2.59×
Instapage, Inc.Series A$18.0M$227.0M2.59×
Hogsalt Investors LlcSeries A$15.0M$227.0M2.59×
Mina Mar CorpSeries A$15.0M$227.0M2.59×
ACM Research, Inc.Series A$15.0M$227.0M2.59×
Genie Enterprises, LtdSeries A$15.0M$227.0M2.59×
Qq Utah 3, LlcSeries A$15.0M$227.0M2.59×
Tatcha LLCSeries A$21.3M$227.0M2.59×
Direct Surety, Inc. this companySeries A$12.6M$30.3M0.34×
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$3.6M2013-06-21$18.0M$67.1M90%
Series A$7.0M2013-06-21$31.8M$105.9M90%
Series A$2.0M2016-04-08$9.1M$30.3M90%
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$3.6M2013-06-21
    • First recorded raise — entered as Seed.
  2. Series A$7.0M2013-06-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× larger than the prior — scaling up.
  3. Series A$2.0M2016-04-08
    • Raised again after 34 mo — slower than the ~11 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
Intelligence
2017 ~Q3
Modeled next raise · ~17mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.3×
Last step-up
$4.5M/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
Carl Gustin1 other2013-06
David Mahler1 other2013-06
David Druml2013-06
John Gauthier2013-06
Prem Abraham2013-06
Thomas Bradley2013-06
Trent Cooksley2013-06
Registry & provenance

Direct Surety, 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
1580329
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.

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Lucernex IncOtherSeries A$12.9M$31.4Msame sector · same stage
Fitters Holdings, Inc.OtherSeries A$13.1M$29.0Msame sector · same stage
Onboard Rs Inc.OtherSeries A$12.1M$30.8Msame sector · same stage
Frequently asked
How much funding has Direct Surety, Inc. raised?
Direct Surety, Inc. has raised approximately $12.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Direct Surety, Inc.'s estimated valuation?
Provath's modeled valuation for Direct Surety, Inc. is approximately $30.3M (modeled range $2.7M–$164.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Direct Surety, Inc. at?
Direct Surety, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Apr 08.
What does Direct Surety, Inc. do and where is it based?
Direct Surety, Inc. operates in the Other sector, based in FOSTER CITY.
Explore related

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