Companies · Software / Tech

Expedition Data, Inc.

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

Diligence memoA one-page analyst read on Expedition Data, Inc. — recommendation, valuation, rhythm, risks.
$4.3M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 51%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 25 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Expedition Data, Inc. looks fair 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. 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.

Fair
  • Modeled value is 0.97× the median modeled value of Seed Software / Tech companies in 2019–2021 (296 peers) — value vs value, same stage and era.
  • Within the normal band (97% of peer median) for its niche.
Dormant
  • Last raise 5.3 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Expedition Data, Inc. is one of 3920 Software / Tech companies tracked from BOULDER. By capital raised it ranks mid-pack (ahead of 50% 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
1
Investors (latest)
2017
Year incorporated
2021-03-25
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$13M$25M$38M$50MSeed · 2018-02-27 Raised $1.3M (real) Modeled valuation $45M (est)$1.3M$45MSeed2018Seed · 2020-07-15 Raised $1.0M (real) Modeled valuation $33M (est)$1.0M$33MSeed2020Seed · 2021-03-25 Raised $2.0M (real) Modeled valuation $48M (est)$2.0M$48MSeed2021Seed · 2021-03-25 Raised $1.5M (real) Modeled valuation $36M (est)$1.5M$36MSeed2021+$1.0M+$2.0M+$1.5MCumulative $5.8M

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$1.3M · 2018
Seed extension$1.0M · 2020
Seed extension$2.0M · 2021
Seed extension$1.5M · 2021

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: 50%.

Modeled valuation trajectory
$48.1M
Base estimate est.
$1.8M
Conservative case
$309.6M
Upside case
$10.0M
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 scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $45.0M · 2018-02-272018Seed · modeled $33.4M · 2020-07-15Seed · modeled $48.1M · 2021-03-25Seed · modeled $36.1M · 2021-03-252021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$1.4M/yr
Capital velocity
8.3 yr
On record since
2018
First round
4
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) 0.9× of median
This company$4.3M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.8× of median
This company$1.5M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$48.1M
Sector median$36.6M

Raised more than 50% of sector peers (real $). Modeled value above 58% 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 #156 of 296.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)OneSky Systems, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Mona Labs Inc. · Seed Raised $3.9M · modeled $132.9M (est)Toro Data Labs, Inc · Seed Raised $3.9M · modeled $132.9M (est)Gatsby Labs, Inc. · Seed Raised $3.9M · modeled $131.1M (est)Parallel Systems, Inc. · Seed Raised $3.8M · modeled $129.5M (est)Aereus Technologies Inc. · Seed Raised $3.7M · modeled $127.7M (est)EPAM Systems, Inc. · Seed Raised $3.6M · modeled $121.4M (est)Sharp Edge Labs, Inc. · Seed Raised $6.5M · modeled $120.9M (est)Timber Technologies, Inc. · Seed Raised $6.3M · modeled $119.3M (est)Global Data Consortium, Inc. · Seed Raised $3.6M · modeled $119.3M (est)Turbo Systems, Inc. · Seed Raised $3.4M · modeled $114.3M (est)Dune Labs Inc. · Seed Raised $3.8M · modeled $113.9M (est)Expedition Data, Inc. (this company) Raised $4.3M · modeled $48.1M (est)Expedition Data, Inc.
CompanyStageRaised · realValue · estvs peer med.
OneSky Systems, Inc.Seed$4.0M$136.3M2.74×
Mona Labs Inc.Seed$3.9M$132.9M2.67×
Toro Data Labs, IncSeed$3.9M$132.9M2.67×
Gatsby Labs, Inc.Seed$3.9M$131.1M2.63×
Parallel Systems, Inc.Seed$3.8M$129.5M2.60×
Aereus Technologies Inc.Seed$3.7M$127.7M2.56×
EPAM Systems, Inc.Seed$3.6M$121.4M2.44×
Sharp Edge Labs, Inc.Seed$6.5M$120.9M2.43×
Timber Technologies, Inc.Seed$6.3M$119.3M2.39×
Global Data Consortium, Inc.Seed$3.6M$119.3M2.39×
Turbo Systems, Inc.Seed$3.4M$114.3M2.29×
Dune Labs Inc.Seed$3.8M$113.9M2.29×
Expedition Data, Inc. this companySeed$4.3M$48.1M0.97×
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$1.3M2018-02-27$6.6M$45.0M90%
Seed$1.0M2020-07-15$5.0M$33.4M90%
Seed$2.0M2021-03-25$10.0M$48.1M90%
Seed$1.5M2021-03-25$7.5M$36.1M90%
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. Seed$1.3M2018-02-27
    • First recorded raise — entered as Seed.
    • 18 investors on this round.
  2. Seed$1.0M2020-07-15
    • Raised again after 29 mo — slower than the ~13 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Seed$2.0M2021-03-25
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Seed$1.5M2021-03-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~12mo cadence
$1.5M
Modeled next size est.range $1.5M$2.4M
0.8×
Last step-up
$1.4M/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
Edward Hallen1 other2018-02
Registry & provenance

Expedition Data, 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
1733802
SEC CIK
2017
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.

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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
NoMad Data, Inc.Software / TechSeed$37.4M82%
Glacier Technologies, Inc.Software / TechPre-Seed$7.5M82%
CargoMetrics Technologies Inc.Software / TechSeries A$16.3M82%
Element Data, Inc.Software / TechSeed$11.3M82%
Galen Data, Inc.Software / TechSeed$2.4M81%
VRMarket Data, LLCSoftware / TechSeed$8.0M81%
Ark Data, Inc.Software / TechPre-Seed$18.1M81%
Journey Software, Inc.Software / TechPre-Seed$7.0M81%
Frequently asked
How much funding has Expedition Data, Inc. raised?
Expedition Data, Inc. has raised approximately $4.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Expedition Data, Inc.'s estimated valuation?
Provath's modeled valuation for Expedition Data, Inc. is approximately $48.1M (modeled range $1.8M–$309.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Expedition Data, Inc. at?
Expedition Data, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 25.
What does Expedition Data, Inc. do and where is it based?
Expedition Data, Inc. operates in the Software / Tech sector, based in BOULDER.
Explore related

See where Expedition Data, 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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