Companies · Other

FlexIt Inc.

NEW YORK · Other

Diligence memoA one-page analyst read on FlexIt Inc. — recommendation, valuation, rhythm, risks.
$9.5M
Total raised · real
6
Rounds
1.2×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Tue Nov 01 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

FlexIt Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

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

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.12× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.7 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

FlexIt Inc. is one of 25015 Other companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 76% 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
23
Investors (latest)
2018
Year incorporated
2022-11-01
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$25M$50M$75M$100MSeed · 2019-03-20 Raised $1.1M (real) Modeled valuation $20M (est)Seed2019Pre-Seed · 2019-03-20 Raised $510K (real) Modeled valuation $12M (est)Pre-Seed2019Seed · 2019-12-07 Raised $100K (real) Modeled valuation $1.9M (est)Seed2019Seed · 2020-06-25 Raised $610K (real) Modeled valuation $11M (est)Seed2020Series A · 2021-04-06 Raised $6.5M (real) Modeled valuation $79M (est)Series A2021Series A · 2021-11-19 Raised $550K (real) Modeled valuation $5.5M (est)Series A2021Series A · 2022-11-01 Raised $633K (real) Modeled valuation $4.8M (est)Series A2022+$510K+$100K+$610K+$6.5M+$550K+$633KCumulative $10M

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
Seed$1.1M · 2019
Bridge · Seed-stage$510K · 2019smaller follow-on
Seed extension$100K · 2019
Seed extension$610K · 2020
Series A$6.5M · 2021
Series A extension$550K · 2021
Series A extension$633K · 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
$4.8M
Base estimate est.
$864K
Conservative case
$15.1M
Upside case
$2.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $20.3M · 2019-03-202019Pre-Seed · modeled $11.8M · 2019-03-20Seed · modeled $1.9M · 2019-12-07Seed · modeled $11.3M · 2020-06-25Series A · modeled $78.7M · 2021-04-06Series A · modeled $5.5M · 2021-11-19Series A · modeled $4.8M · 2022-11-012022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
3.7 yr
Elapsed time used
3.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$2.6M/yr
Capital velocity
7.3 yr
On record since
2019
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 4.7× above median
This company$9.5M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$633K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$4.8M
Sector median$17.7M

Raised more than 76% of sector peers (real $). Modeled value above 24% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #1080 of 1,135.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.5M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.6M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.1M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.1M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.4M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $134.0M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $133.0M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.1M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.8M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.7M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.9M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.3M (est)FlexIt Inc. (this company) Raised $9.5M · modeled $4.8M (est)FlexIt Inc.
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.5M3.67×
Quantori, Inc.Series A$15.0M$138.6M3.57×
Qquv Investments 5, LlcSeries A$15.0M$135.1M3.48×
Applause Network TV, Inc.Series A$15.0M$135.1M3.48×
Trustworthy CoSeries A$15.5M$134.4M3.46×
DigniFi Holding, Inc.Series A$24.3M$134.0M3.45×
Proventures Capital, Inc.Series A$14.7M$133.0M3.42×
Zenledger, Inc.Series A$21.6M$132.1M3.40×
Gridwise, Inc.Series A$20.4M$131.8M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.7M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.9M3.26×
Harmony Musical LLCSeries A$15.0M$126.3M3.25×
FlexIt Inc. this companySeries A$9.5M$4.8M0.12×
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.
Seed$1.1M2019-03-20$5.5M$20.3M90%
Pre-Seed$510K2019-03-20$2.8M$11.8M90%
Seed$100K2019-12-07$500K$1.9M90%
Seed$610K2020-06-25$3.0M$11.3M90%
Series A$6.5M2021-04-06$29.7M$78.7M90%
Series A$550K2021-11-19$2.5M$5.5M90%
Series A$633K2022-11-01$2.9M$4.8M90%
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. Seed$1.1M2019-03-20
    • First recorded raise — entered as Seed.
    • 14 investors on this round.
  2. Pre-Seed$510K2019-03-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Seed$100K2019-12-07
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 5.1× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Seed$610K2020-06-25
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 6.1× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series A$6.5M2021-04-06
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 10.7× larger than the prior — scaling up.
    • 42 investors on this round.
  6. Series A$550K2021-11-19
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 11.9× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  7. Series A$633K2022-11-01
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 23 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~7mo cadence
$730K
Modeled next size est.range $633K$1.2M
1.2×
Last step-up
$2.6M/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
Austin Cohen1 other2019-03
Billy Logan2021-04
Justin Turetsky2020-06
Registry & provenance

FlexIt 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
1771997
SEC CIK
2018
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.

CompanySectorStageRaised · realValue · estWhy similar
Gargoyle Enterprises, Inc.OtherSeries A$10.8M$4.7Msame sector · same stage
Tropical Racing IncOtherSeries A$7.5M$4.7Msame sector · same stage
CUDDLY Group Inc.OtherSeries A$7.4M$4.8Msame sector · same stage
Channel99, Inc.OtherSeries A$14.2M$4.8Msame sector · same stage
Bond Veterinary, Inc.OtherSeries A$18.6M$4.8Msame sector · same stage
Aestuary, Inc.OtherSeries A$4.7M$4.7Msame sector · same stage
3 Commas 1 Period CoOtherPre-Seed$1.2M$15.6Mnetwork1 shared operator · same sector
Bottle & Press, LLCOtherSeed$9.6M$4.8Msame 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.

CompanySectorStageValue · estMatch
FLEXE, Inc.Other TechnologySeries C$1.3B90%
Flexx Inc.Other TechnologySeries A$22.8M89%
Flexx, Inc.Other TechnologyPre-Seed$30.1M89%
All Flex Solutions, Inc.OtherSeries A$21.1M88%
Flexterra, Inc.Other TechnologySeries B$90.1M87%
FlexCorp IncOther TechnologySeries B$125.7M87%
Flexable LLCOtherPre-Seed$5.2M87%
FlexCharging, Inc.OtherSeries A$2.8M86%
Frequently asked
How much funding has FlexIt Inc. raised?
FlexIt Inc. has raised approximately $9.5M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is FlexIt Inc.'s estimated valuation?
Provath's modeled valuation for FlexIt Inc. is approximately $4.8M (modeled range $864K–$15.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FlexIt Inc. at?
FlexIt Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Nov 01.
What does FlexIt Inc. do and where is it based?
FlexIt Inc. operates in the Other sector, based in NEW YORK.
Explore related

See where FlexIt Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at FlexIt Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.