Companies · Other

Epirus, Inc.

HAWTHORNE · Other

Diligence memoA one-page analyst read on Epirus, Inc. — recommendation, valuation, rhythm, risks.
$265.5M
Total raised · real
3
Rounds
3.3×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Jan 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Epirus, Inc. looks over-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.

Over-valued
  • Modeled value is 1.91× the median modeled value of Series D+ Other companies in 2022–2024 (109 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.4 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

Epirus, Inc. is one of 25008 Other companies tracked from HAWTHORNE. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest 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
35
Investors (latest)
2018
Year incorporated
2022-01-28
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$1.3B$2.5B$3.8B$5.0BSeries B · 2019-10-25 Raised $17M (real) Modeled valuation $289M (est)$17M$289MSeries B2019Series C · 2020-09-25 Raised $57M (real) Modeled valuation $937M (est)$57M$937MSeries C2020Series D+ · 2022-01-28 Raised $191M (real) Modeled valuation $2.6B (est)$191M$2.6BSeries D+2022+$57M+$191MCumulative $266M

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$17.4M · 2019
Series C$57.3M · 2020
Series D+$190.8M · 2022

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: 50%.

Modeled valuation trajectory
$2.6B
Base estimate est.
$1.1B
Conservative case
$4.8B
Upside case
$1.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $288.9M · 2019-10-252019Series C · modeled $937.3M · 2020-09-25Series D+ · modeled $2.6B · 2022-01-282022
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$117.4M/yr
Capital velocity
6.7 yr
On record since
2019
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) 130× above median
This company$265.5M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.5× above median
This company$190.8M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 148× above median
This company$2.6B
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #15 of 109.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Getaround, Inc · Series D+ Raised $380.7M · modeled $5.0B (est)Relentless Topco, Inc. · Series D+ Raised $384.2M · modeled $4.9B (est)NQ PE Project Colosseum Parent, L.P. · Series D+ Raised $359.0M · modeled $4.4B (est)Cowboy Topco, Inc. · Series D+ Raised $328.1M · modeled $4.3B (est)Office Topco, Llc · Series D+ Raised $302.1M · modeled $4.1B (est)Litera Holdco LP · Series D+ Raised $854.9M · modeled $3.7B (est)Ergotron Investments, LLC · Series D+ Raised $287.5M · modeled $3.7B (est)Bolt Financial, Inc. · Series D+ Raised $756.7M · modeled $3.5B (est)Lambda, Inc./DE · Series D+ Raised $359.7M · modeled $3.4B (est)FS NU Investors LP · Series D+ Raised $264.8M · modeled $3.3B (est)AuditBoard HoldCo L.P. · Series D+ Raised $330.2M · modeled $2.9B (est)Atlantic Fields Club, LLC · Series D+ Raised $229.2M · modeled $2.8B (est)Epirus, Inc. (this company) Raised $265.5M · modeled $2.6B (est)Epirus, Inc.
CompanyStageRaised · realValue · estvs peer med.
Getaround, IncSeries D+$380.7M$5.0B3.66×
Relentless Topco, Inc.Series D+$384.2M$4.9B3.60×
NQ PE Project Colosseum Parent, L.P.Series D+$359.0M$4.4B3.26×
Cowboy Topco, Inc.Series D+$328.1M$4.3B3.15×
Office Topco, LlcSeries D+$302.1M$4.1B3.04×
Litera Holdco LPSeries D+$854.9M$3.7B2.73×
Ergotron Investments, LLCSeries D+$287.5M$3.7B2.70×
Bolt Financial, Inc.Series D+$756.7M$3.5B2.60×
Lambda, Inc./DESeries D+$359.7M$3.4B2.50×
FS NU Investors LPSeries D+$264.8M$3.3B2.45×
AuditBoard HoldCo L.P.Series D+$330.2M$2.9B2.15×
Atlantic Fields Club, LLCSeries D+$229.2M$2.8B2.04×
Epirus, Inc. this companySeries D+$265.5M$2.6B1.91×
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$17.4M2019-10-25$96.6M$288.9M90%
Series C$57.3M2020-09-25$382.0M$937.3M90%
Series D+$190.8M2022-01-28$1.6B$2.6B90%
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$17.4M2019-10-25
    • First recorded raise — entered as Series B.
    • 21 investors on this round.
  2. Series C$57.3M2020-09-25
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 27 investors on this round.
  3. Series D+$190.8M2022-01-28
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 35 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~14mo cadence
$572.5M
Modeled next size est.range $372.1M$916.0M
3.3×
Last step-up
$117.4M/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
JOSEPH LONSDALE7 other2019-10
Grant Verstandig2 other2019-10
Geoff Lewis Tabachnick1 other2020-09
Max Mednik1 other2019-10
Nathan Mintz1 other2019-10
Alex Bourne Moore2022-01
Christi Lewis Cox2022-01
Craig Lewis Rosen2022-01
Grant Bourne Verstandig2020-09
Harry Bourne Marr2020-09
Harry Marr2019-10
James Leighton Madden2020-09
John Bourne Tenet2020-09
John Tenet2019-10
Joseph Bourne Lonsdale2020-09
Karen Bourne Gibson2020-09
Kenneth Leighton Bedingfield2020-09
Mark Bourne Esper2022-01
Registry & provenance

Epirus, 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
1793592
SEC CIK
2018
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.

CompanySectorStageRaised · realValue · estWhy similar
FS NU Investors LPOtherSeries D+$264.8M$3.3Bsame sector · same stage
DHT Holdings, Inc.OtherSeries D+$260.0M$2.6Bsame sector · same stage
Alarm.com Holdings, Inc.OtherSeries D+$273.4M$2.4Bsame sector · same stage
Just Fabulous, Inc.OtherSeries D+$278.4M$1.8Bsame sector · same stage
TheRealReal, Inc.OtherSeries D+$279.0M$2.0Bsame sector · same stage
Penn Topco, Inc.OtherSeries D+$252.0M$2.7Bsame sector · same stage
ACL Services Ltd.OtherSeries D+$250.0M$3.9Bsame sector · same stage
Cineworld Parent LtdOtherSeries D+$250.0M$2.4Bsame 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
Gaingels Epirus LLCOtherSeed$10.3M87%
Acuity Epirus LlcOtherSeries A$38.8M87%
OKV, Inc.OtherPre-Seed$4.9M83%
EpiPaws Inc.OtherPre-Seed$366K82%
EpiBone, Inc.OtherSeries B$19.9M82%
Gaingels Epirus 2024 LLCOtherSeed$6.9M82%
Ephos, Inc.Other TechnologySeed$35.5M81%
AEye, Inc.OtherSeries C$22.7M81%
Frequently asked
How much funding has Epirus, Inc. raised?
Epirus, Inc. has raised approximately $265.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Epirus, Inc.'s estimated valuation?
Provath's modeled valuation for Epirus, Inc. is approximately $2.6B (modeled range $1.1B–$4.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Epirus, Inc. at?
Epirus, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Jan 28.
What does Epirus, Inc. do and where is it based?
Epirus, Inc. operates in the Other sector, based in HAWTHORNE.
Explore related

See where Epirus, 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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