Companies · Software / Tech

Flare Financial Systems, Inc.

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

Diligence memoA one-page analyst read on Flare Financial Systems, Inc. — recommendation, valuation, rhythm, risks.
$625K
Total raised · real
1
Rounds
1.3×
Latest step-up
Top 82%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Sep 22 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Flare Financial Systems, Inc. looks over-valued 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.

Over-valued
  • Modeled value is 2.57× the median modeled value of Pre-Seed Software / Tech companies in 2022–2024 (288 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.8 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Flare Financial Systems, Inc. is one of 3920 Software / Tech companies tracked from CHICAGO. By capital raised it ranks in the long tail (ahead of 19% of sector peers), and in the long tail 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
3
Investors (latest)
2022
Year incorporated
2022-09-22
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$2.5M$5.0M$7.5M$10MPre-Seed · 2022-09-14 Raised $500K (real) Modeled valuation $6.4M (est)$500K$6.4MPre-Seed2022Pre-Seed · 2022-09-22 Raised $625K (real) Modeled valuation $7.9M (est)$625K$7.9MPre-Seed2022+$625KCumulative $1.1M

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 · 2022
Pre-Seed extension$625K · 2022

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

Modeled valuation trajectory
$7.9M
Base estimate est.
$408K
Conservative case
$45.7M
Upside case
$3.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.4M · 2022-09-142022Pre-Seed · modeled $7.9M · 2022-09-222022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.72×/yr
Annual markup
2.33×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
3.8 yr
On record since
2022
First round
2
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) 0.1× of median
This company$625K
Sector median$4.6M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.8× above median
This company$625K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$7.9M
Sector median$36.6M

Raised more than 19% of sector peers (real $). Modeled value above 22% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #42 of 288.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Nivelo Tech Inc. · Pre-Seed Raised $1.0M · modeled $17.6M (est)Iris Technology, Inc. · Pre-Seed Raised $1.0M · modeled $16.9M (est)Enki Labs, Inc. · Pre-Seed Raised $1.5M · modeled $14.4M (est)Basketball Training Systems, Inc. · Pre-Seed Raised $900K · modeled $14.4M (est)Digital Fabrication Workshop, Inc. · Pre-Seed Raised $1.0M · modeled $14.1M (est)PureCode Software, Inc. · Pre-Seed Raised $1000K · modeled $13.2M (est)PWA Labs, Inc. · Pre-Seed Raised $945K · modeled $12.7M (est)Departure Labs Inc · Pre-Seed Raised $675K · modeled $12.7M (est)Assistiv Labs, Inc. · Pre-Seed Raised $855K · modeled $12.6M (est)Amprius Technologies, Inc. · Pre-Seed Raised $1.0M · modeled $12.6M (est)Klutch Technologies Inc. · Pre-Seed Raised $840K · modeled $12.3M (est)Taco Labs Inc. · Pre-Seed Raised $752K · modeled $12.2M (est)Flare Financial Systems, Inc. (this company) Raised $625K · modeled $7.9M (est)Flare Financial Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Nivelo Tech Inc.Pre-Seed$1.0M$17.6M5.69×
Iris Technology, Inc.Pre-Seed$1.0M$16.9M5.49×
Enki Labs, Inc.Pre-Seed$1.5M$14.4M4.67×
Basketball Training Systems, Inc.Pre-Seed$900K$14.4M4.67×
Digital Fabrication Workshop, Inc.Pre-Seed$1.0M$14.1M4.57×
PureCode Software, Inc.Pre-Seed$1000K$13.2M4.29×
PWA Labs, Inc.Pre-Seed$945K$12.7M4.12×
Departure Labs IncPre-Seed$675K$12.7M4.10×
Assistiv Labs, Inc.Pre-Seed$855K$12.6M4.10×
Amprius Technologies, Inc.Pre-Seed$1.0M$12.6M4.08×
Klutch Technologies Inc.Pre-Seed$840K$12.3M4.00×
Taco Labs Inc.Pre-Seed$752K$12.2M3.97×
Flare Financial Systems, Inc. this companyPre-Seed$625K$7.9M2.57×
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$500K2022-09-14$2.8M$6.4M90%
Pre-Seed$625K2022-09-22$3.5M$7.9M90%
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$500K2022-09-14
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$625K2022-09-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~0mo cadence
$781K
Modeled next size est.range $625K$1.3M
1.3×
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.

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
Vernon D. Gair Jr2022-09
Registry & provenance

Flare Financial Systems, 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
1946057
SEC CIK
2022
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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Onward Software Solutions, Inc.Software / TechPre-Seed$650K$5.3Msame sector · same stage
R7 Technologies, Inc.Software / TechPre-Seed$600K$8.2Msame sector · same stage
Solon Labs Corp.Software / TechPre-Seed$600K$8.3Msame sector · same stage
SciArt Software, Inc.Software / TechPre-Seed$659K$5.5Msame 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
Signal Financial Technologies Inc.Software / TechSeed$21.0M83%
Relay Financial Technologies Inc.Software / TechSeries B$205.5M81%
Luma Financial Technologies, LLCSoftware / TechSeries C$464.6M81%
Lighthouse Financial Technologies, Inc.Software / TechSeries A$103.2M81%
Fuse Financial Technologies Inc.Software / TechSeed$19.1M80%
Corl Financial Technologies Inc.Software / TechPre-Seed$17.4M80%
Turbo Systems, Inc.Software / TechSeed$114.5M80%
Caliza Financial Technologies, Inc.Software / TechSeries A$6.8M80%
Frequently asked
How much funding has Flare Financial Systems, Inc. raised?
Flare Financial Systems, Inc. has raised approximately $625K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Flare Financial Systems, Inc.'s estimated valuation?
Provath's modeled valuation for Flare Financial Systems, Inc. is approximately $7.9M (modeled range $408K–$45.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Flare Financial Systems, Inc. at?
Flare Financial Systems, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Sep 22.
What does Flare Financial Systems, Inc. do and where is it based?
Flare Financial Systems, Inc. operates in the Software / Tech sector, based in CHICAGO.
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