Companies · Mobility / Logistics

ExternWinter 2017Active

San Francisco · CA, USA; Remote · Mobility / Logistics · founded 2016 · http://www.extern.com

Diligence memoA one-page analyst read on Extern — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 33%
Sector rank · raised
Latest stage · inferred

Extern: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Where it sits in Mobility / Logistics

Extern is one of 431 Mobility / Logistics companies tracked from San Francisco, CA, USA; Remote, on record since 2016. By capital raised it ranks mid-pack (ahead of 68% 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.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Professional Experience Anytime, Anywhere.

At Extern, we’re solving the experience gap. Extern created the remote Externship, a skill-building work experience that is easier for students to access, and easier for companies to run, than an internship. Our mission is to help anyone discover and launch their career through professional experiences available anywhere at any time. Since 2020, we’ve created and powered Externships for over 50,000 students on behalf of companies from Fortune 500s to startups. After spending $100K on average for a 4-year degree, graduates find that almost 40% of entry level jobs on Linkedin required 3+ years of work experience. Internships are how many college students get this kind of experience, but the demand for good internships outstrips the supply. Internship programs are difficult to scale, they favor students who already have social capital, and they’re time-consuming for employers to run. Externships are short, online, project-based work experiences that employers can offer to hundreds of students using less resource and employee time than it would take to support an intern. Extern makes the complex process of running an Externship completely turnkey with software and industry experts which in turn makes professional experience more accessible to more students. By making work experience more accessible, Extern is driving the rapid mobility and upskilling needed for a new economy. We envision a world where anyone can access work experience as a form of education – no matter their background, experience, or socio-economic status. Come join our movement to reshape work, education, and credentialing for future generations with the Externship. Extern was born out of a pivot from Paragon One (W17) which initially focused on providing students with a career center-as-a-service platform, connecting them with industry professionals to receive career coaching and guidance. Backed by Y Combinator, Foundation Capital, Launch Fund, University Ventures, and Learn Capital.

EducationMarketplaceRecruitingRemote WorkeLearningmobility
Find Extern online

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.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 431 companies in Mobility / Logistics. 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)
This company
Sector median$4.0M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$24.2M

Raised more than 68% of sector peers (real $). Modeled value above 68% of peers (estimate).

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.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
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.

Registry & provenance

Extern 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
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
007 TRANSPORT ASMobility / Logisticssame sector
05060 TAXI ASMobility / Logisticssame sector
1-10 Logistics Center, LLCMobility / LogisticsSeries A$6.2M$72.3Msame sector
123 FLYTTING & TRANSPORT ASMobility / Logisticssame sector
1 2 3 LØFT ASMobility / Logisticssame sector
1978 INVEST ASMobility / Logisticssame sector
1KELT ASMobility / Logisticssame sector
1TIL2 ASMobility / Logisticssame sector
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.

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72%
Codecademy
The leading online learning platform for technical skills.
Edtech72%
NEXGENT Inc.OtherSeries B$302.1M71%
Forage
Online job simulations for companies to train, and then hire, students
SaaS / Software70%
80,000 Hours
An online guide that tells talented graduates how to maximise the…
69%
Fusion Recruiting Labs, Inc.Software / TechSeed$68.1M69%
Edlyft
Helps enterprises train college CS students on essential job skills
Hardware / Semiconductors68%
Exly
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SaaS / Software68%
Frequently asked
What does Extern do and where is it based?
Extern operates in the Mobility / Logistics sector, based in San Francisco, CA, USA; Remote. Professional Experience Anytime, Anywhere.
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