Diligence memo · auto-generated · as of July 2, 2026
Fever Labs, Inc.
Fever Labs, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Fever Labs, Inc. operates in Software / Tech, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fever Labs, Inc. has raised $347M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $221M on 2021-12-31.
Most recent recorded round closed around 2023-01-11.
Valuation (modeled)modeled
Provath models Fever Labs, Inc. at approximately $1.1B (range $380M–$1.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.53× the median modeled value of Series D+ Software / Tech companies in 2022–2024 (29 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 3.5 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 3.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Software / Tech peers (3920 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Uniphore Technologies Inc., Capital Integration Systems LLC, Remote Technology, Inc., Starburst Data, Inc., Aleo Systems Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.