Companies · Other

Examen, Inc. /DE

SAN FRANCISCO · Other

Diligence memoA one-page analyst read on Examen, Inc. /DE — recommendation, valuation, rhythm, risks.
$4.5M
Total raised · real
3
Rounds
11.6×
Latest step-up
Top 37%
Sector rank · raised
Seed
Latest stage · inferred · Wed Oct 29 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Examen, Inc. /DE looks over-valued against its niche peers and is active 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 1.95× the median modeled value of Seed Other companies in 2025–2027 (516 peers) — value vs value, same stage and era.
Active
  • Last raise 8 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Examen, Inc. /DE is one of 25015 Other companies tracked from SAN FRANCISCO. By capital raised it ranks mid-pack (ahead of 64% of sector peers), and in the long tail 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
15
Investors (latest)
2024
Year incorporated
2025-10-29
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$5.0M$10M$15M$20MPre-Seed · 2024-07-09 Raised $290K (real) Modeled valuation $1.2M (est)$290K$1.2MPre-Seed2024Pre-Seed · 2024-07-09 Raised $336K (real) Modeled valuation $1.3M (est)$336K$1.3MPre-Seed2024Seed · 2025-10-29 Raised $3.9M (real) Modeled valuation $10M (est)$3.9M$10MSeed2025+$336K+$3.9MCumulative $4.5M

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$290K · 2024
Pre-Seed extension$336K · 2024
Seed$3.9M · 2025

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

Modeled valuation trajectory
$10.1M
Base estimate est.
$3.5M
Conservative case
$18.7M
Upside case
$19.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $1.2M · 2024-07-092024Pre-Seed · modeled $1.3M · 2024-07-09Seed · modeled $10.1M · 2025-10-292025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$3.5M/yr
Capital velocity
2.0 yr
On record since
2024
First round
3
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 2.2× above median
This company$4.5M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.2× above median
This company$3.9M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$10.1M
Sector median$17.7M

Raised more than 64% of sector peers (real $). Modeled value above 38% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #51 of 516.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Council Senior BTR Investors, LLC · Seed Raised $4.0M · modeled $13.9M (est)Infineo Global, LP · Seed Raised $4.0M · modeled $13.9M (est)SRE Venture 724, LLC · Seed Raised $4.0M · modeled $13.8M (est)Bernadette De Lourdes Development Llc · Seed Raised $4.0M · modeled $13.8M (est)Keep Moving Inc. · Seed Raised $6.7M · modeled $13.8M (est)KAC Holding Co LLC · Seed Raised $4.0M · modeled $13.5M (est)Oakland Ballers Baseball Club, Inc. · Seed Raised $4.0M · modeled $13.2M (est)Good Lag GGC, LLC · Seed Raised $4.0M · modeled $13.0M (est)Standby Deposits Inc. · Seed Raised $7.3M · modeled $12.8M (est)DeweyLearn, Inc. · Seed Raised $3.8M · modeled $12.7M (est)Wilds Golf Group, Llc · Seed Raised $3.8M · modeled $12.7M (est)Simple Life GP, LLC · Seed Raised $3.7M · modeled $12.5M (est)Examen, Inc. /DE (this company) Raised $4.5M · modeled $10.1M (est)Examen, Inc. /DE
CompanyStageRaised · realValue · estvs peer med.
Council Senior BTR Investors, LLCSeed$4.0M$13.9M2.70×
Infineo Global, LPSeed$4.0M$13.9M2.69×
SRE Venture 724, LLCSeed$4.0M$13.8M2.69×
Bernadette De Lourdes Development LlcSeed$4.0M$13.8M2.68×
Keep Moving Inc.Seed$6.7M$13.8M2.68×
KAC Holding Co LLCSeed$4.0M$13.5M2.62×
Oakland Ballers Baseball Club, Inc.Seed$4.0M$13.2M2.57×
Good Lag GGC, LLCSeed$4.0M$13.0M2.53×
Standby Deposits Inc.Seed$7.3M$12.8M2.49×
DeweyLearn, Inc.Seed$3.8M$12.7M2.47×
Wilds Golf Group, LlcSeed$3.8M$12.7M2.46×
Simple Life GP, LLCSeed$3.7M$12.5M2.43×
Examen, Inc. /DE this companySeed$4.5M$10.1M1.95×
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$290K2024-07-09$1.6M$1.2M90%
Pre-Seed$336K2024-07-09$1.9M$1.3M90%
Seed$3.9M2025-10-29$19.6M$10.1M90%
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$290K2024-07-09
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$336K2024-07-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  3. Seed$3.9M2025-10-29
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 11.6× larger than the prior — scaling up.
    • 15 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~8mo cadence
$11.7M
Modeled next size est.range $7.6M$18.8M
11.6×
Last step-up
$3.5M/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
Diego Chamorro2024-07
Paul Irving2025-10
Ricardo Chamorro2024-07
Registry & provenance

Examen, Inc. /DE 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
2031210
SEC CIK
2024
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
Zero E Technologies, LLCOtherSeed$4.4M$9.9Msame sector · same stage
RePower Electric Corp.OtherSeed$4.4M$10.1Msame sector · same stage
Infinity Distribution Inc.OtherSeed$4.8M$10.1Msame sector · same stage
Larky, Inc.OtherSeed$4.9M$9.9Msame sector · same stage
Golden Arrow Resources CorpOtherSeed$4.2M$10.1Msame sector · same stage
Entree Resources Ltd.OtherSeed$4.2M$10.3Msame sector · same stage
Camelot Return Ultimate, LpOtherSeed$5.0M$10.2Msame sector · same stage
Shield Aviation, Inc.OtherSeed$4.0M$10.1Msame 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
Lambda, Inc./DEOtherSeries D+$3.4B79%
OpenEden Group LtdOtherPre-Seed$2.1M78%
QUO Inc./DEOtherSeed$4.6M78%
Delaware, LLCOtherSeed$4.5M78%
Examity, Inc.Other TechnologySeed$102.2M77%
ChatEng, Inc.OtherPre-Seed$2.3M77%
Elegen Corp.OtherSeries B$211.7M77%
CareNexis, LLCOtherPre-Seed$3.2M77%
Frequently asked
How much funding has Examen, Inc. /DE raised?
Examen, Inc. /DE has raised approximately $4.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Examen, Inc. /DE's estimated valuation?
Provath's modeled valuation for Examen, Inc. /DE is approximately $10.1M (modeled range $3.5M–$18.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Examen, Inc. /DE at?
Examen, Inc. /DE's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Oct 29.
What does Examen, Inc. /DE do and where is it based?
Examen, Inc. /DE operates in the Other sector, based in SAN FRANCISCO.
Explore related

See where Examen, Inc. /DE sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Examen, Inc. /DE, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.