Companies · Other Technology

Ferric, Inc.

NEW YORK · Other Technology

Diligence memoA one-page analyst read on Ferric, Inc. — recommendation, valuation, rhythm, risks.
$41.1M
Total raised · real
5
Rounds
6.4×
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Wed Nov 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Ferric, Inc. looks fair against its niche peers and is quiet 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 Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
  • Within the normal band (97% of peer median) for its niche.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Technology

Ferric, Inc. is one of 21292 Other Technology companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 91% of sector peers), and in the upper tier 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
8
Investors (latest)
2024-11-20
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$125M$250M$375M$500MPre-Seed · 2013-06-28 Raised $500K (real) Modeled valuation $21M (est)$500K$21MPre-Seed2013Pre-Seed · 2014-03-04 Raised $500K (real) Modeled valuation $21M (est)$500K$21MPre-Seed2014Seed · 2015-12-22 Raised $3.0M (real) Modeled valuation $102M (est)$3.0M$102MSeed2015Series A · 2017-07-18 Raised $5.0M (real) Modeled valuation $139M (est)$5.0M$139MSeries A2017Series B · 2024-11-20 Raised $32M (real) Modeled valuation $209M (est)$32M$209MSeries B2024+$500K+$3.0M+$5.0M+$32MCumulative $41M

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$500K · 2013
Pre-Seed extension$500K · 2014
Seed$3.0M · 2015
Series A$5.0M · 2017
Series B$32.1M · 2024

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

Modeled valuation trajectory
$209.2M
Base estimate est.
$78.7M
Conservative case
$347.6M
Upside case
$178.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $21.2M · 2013-06-282013Pre-Seed · modeled $21.2M · 2014-03-04Seed · modeled $102.2M · 2015-12-22Series A · modeled $138.7M · 2017-07-18Series B · modeled $209.2M · 2024-11-202024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
34 mo
Avg between rounds
$3.6M/yr
Capital velocity
13.0 yr
On record since
2013
First round
5
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 13× above median
This company$41.1M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.7× above median
This company$32.1M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 5.6× above median
This company$209.2M
Sector median$37.3M

Raised more than 91% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #269 of 514.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)Ferric, Inc. (this company) Raised $41.1M · modeled $209.2M (est)Ferric, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
Ferric, Inc. this companySeries B$41.1M$209.2M0.97×
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.
Pre-Seed$500K2013-06-28$2.8M$21.2M85%
Pre-Seed$500K2014-03-04$2.8M$21.2M85%
Seed$3.0M2015-12-22$15.0M$102.2M85%
Series A$5.0M2017-07-18$22.7M$138.7M90%
Series B$32.1M2024-11-20$178.4M$209.2M90%
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$500K2013-06-28
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$500K2014-03-04
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
  3. Seed$3.0M2015-12-22
    • Raised again after 22 mo — slower than the ~13 mo sector norm.
    • Round 6.0× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Series A$5.0M2017-07-18
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Series B$32.1M2024-11-20
    • Raised again after 88 mo — slower than the ~13 mo sector norm.
    • Round 6.4× larger than the prior — scaling up.
    • 8 investors on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~34mo cadence
$96.3M
Modeled next size est.range $62.6M$154.1M
6.4×
Last step-up
$3.6M/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
Somu Subramaniam16 other2024-11
Vivek Mohindra3 other2014-03
Yi Chen1 other2024-11
Alex Kalnitsky2024-11
Kenneth Andrew Shepard2015-12
Kenneth L. Shepard2013-06
Kenneth Shepard2014-03
Lawrence Andrew Pileggi2015-12
Lawrence Pileggi2014-03
Maurizio Arienzo2013-06
Noah Andrew Sturcken2015-12
Noah L. Sturcken2013-06
Noah Sturcken2014-03
THOMAS DEITRICH2017-07
Vivek Andrew Mohindra2015-12
Vivek L. Mohindra2013-06
Registry & provenance

Ferric, 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
1581213
SEC CIK
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
Prenda, Inc.Other TechnologySeries B$42.1M$214.7Msame sector · same stage
Redzone Robotics IncOther TechnologySeries B$39.9M$207.0Msame sector · same stage
PayZen Inc.Other TechnologySeries B$43.6M$217.9Msame sector · same stage
Origin Protocol, Inc.Other TechnologySeries B$38.1M$201.0Msame sector · same stage
Nobl9 Inc.Other TechnologySeries B$44.4M$202.8Msame sector · same stage
Augmodo Inc.Other TechnologySeries B$37.6M$197.7Msame sector · same stage
Lumana Inc.Other TechnologySeries B$37.0M$202.8Msame sector · same stage
SpiderOak, Inc.Other TechnologySeries B$36.8M$207.4Msame 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
Ferra, Inc.Other TechnologySeed$8.2M89%
Feldera, Inc.Other TechnologySeries A$50.4M89%
Iron Ox, Inc.Other TechnologySeries B$576.9M88%
Project Ferro, Inc.Other TechnologyPre-Seed$827K88%
Ferretly International, Inc.Other TechnologySeed$3.1M86%
IronVest, Inc.Other TechnologySeries B$89.7M86%
Ferreter Inc.Other TechnologySeed$21.4M85%
Ironlight Group Inc.Other TechnologySeries A$119.0M85%
Frequently asked
How much funding has Ferric, Inc. raised?
Ferric, Inc. has raised approximately $41.1M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Ferric, Inc.'s estimated valuation?
Provath's modeled valuation for Ferric, Inc. is approximately $209.2M (modeled range $78.7M–$347.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ferric, Inc. at?
Ferric, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Nov 20.
What does Ferric, Inc. do and where is it based?
Ferric, Inc. operates in the Other Technology sector, based in NEW YORK.
Explore related

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