Diligence memo · auto-generated · as of July 2, 2026
FidusNet LLC
FidusNet LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
FidusNet LLC operates in Computers, based in HAWTHORNE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FidusNet LLC has raised $1.4M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.1M on 2010-01-26.
Most recent recorded round closed around 2010-01-26.
Valuation (modeled)modeled
Provath models FidusNet LLC at approximately $45M (range $990K–$352M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.70× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era. Within the normal band (70% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 16.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 45% of Computers peers (1371 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Mykonos Software Inc, dynaTrace software, Inc., Netsol Technologies Inc, VM6 Software, Inc., Intrinsity Inc.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.