Diligence memo · auto-generated · as of July 2, 2026
Flightpath Software Inc.
Flightpath Software Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Flightpath Software Inc. operates in Software / Tech, based in HAMILTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Flightpath Software Inc. has raised $501K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $256K on 2023-11-02.
Most recent recorded round closed around 2023-11-02.
Valuation (modeled)modeled
Provath models Flightpath Software Inc. at approximately $1.8M (range $167K–$7.3M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.58× the median modeled value of Pre-Seed Software / Tech companies in 2022–2024 (288 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 2.7 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 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 17% of Software / Tech peers (3920 compared).
Modeled value ranks above 8% of those peers.
Closest niche peers: Nivelo Tech Inc., Iris Technology, Inc., Enki Labs, Inc., Basketball Training Systems, Inc., Digital Fabrication Workshop, Inc..
Peoplefiled
1 named person 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.