Diligence memo · auto-generated · as of July 2, 2026
Echo Nest Corp
Echo Nest Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Echo Nest Corp operates in Other Technology, based in Somerville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Echo Nest Corp has raised $36M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $18M on 2012-06-29.
Most recent recorded round closed around 2012-06-29.
Valuation (modeled)modeled
Provath models Echo Nest Corp at approximately $538M (range $43M–$2.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.93× the median modeled value of Series B Other Technology companies in 2010–2012 (174 peers) — value vs value, same stage and era. Within the normal band (93% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 14.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 90% of Other Technology peers (21302 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Petra Solar Inc, Kinnser Software, Inc., NCP Holding Co, Magic Lamp Corp., Vaddio Holdings, LLC.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.