Companies · Tourism and Travel Services

Flitways Technology Inc.

WEST PALM BEACH · Tourism and Travel Services

Diligence memoA one-page analyst read on Flitways Technology Inc. — recommendation, valuation, rhythm, risks.
$865K
Total raised · real
2
Rounds
6.5×
Latest step-up
Top 63%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Apr 15 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Flitways Technology 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 travel 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 1.92× the median modeled value of Pre-Seed Tourism and Travel Services companies in 2019–2021 (12 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.2 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
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 Tourism and Travel Services

Flitways Technology Inc. is one of 172 Tourism and Travel Services companies tracked from WEST PALM BEACH. By capital raised it ranks in the long tail (ahead of 38% of sector peers), and mid-pack 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
$0–$1M
Issuer revenue
Rule 506(c)
Reg D exemption
2019-04-15
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 · 2017-08-22 Raised $115K (real) Modeled valuation $1.0M (est)$115K$1.0MPre-Seed2017Pre-Seed · 2019-04-15 Raised $750K (real) Modeled valuation $6.7M (est)$750K$6.7MPre-Seed2019+$750KCumulative $865K

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$115K · 2017
Pre-Seed extension$750K · 2019

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

Modeled valuation trajectory
$6.7M
Base estimate est.
$445K
Conservative case
$75.9M
Upside case
$4.2M
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 travel sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.0M · 2017-08-222017Pre-Seed · modeled $6.7M · 2019-04-152019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 49% high
1.35×/yr
Annual markup
1.83×/yr upside case
6.0 yr
Elapsed time used
7.2 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$526K/yr
Capital velocity
8.9 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 172 companies in Tourism and Travel Services. 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) 0.7× of median
This company$865K
Sector median$1.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.9× above median
This company$750K
Sector median$400K
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$6.7M
Sector median$5.5M

Raised more than 38% of sector peers (real $). Modeled value above 55% 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 #2 of 12.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Bluebird Backcountry, LLC · Pre-Seed Raised $950K · modeled $6.9M (est)Group Island Spirit, Inc. · Pre-Seed Raised $500K · modeled $4.5M (est)Wheel The World Inc. · Pre-Seed Raised $478K · modeled $4.3M (est)Cornucopiacastle, LDA · Pre-Seed Raised $460K · modeled $4.1M (est)Helios Dyrt Partners II, LLC · Pre-Seed Raised $610K · modeled $3.7M (est)MJT Holdings LLC · Pre-Seed Raised $400K · modeled $3.3M (est)DragonSlayer Services, Inc. · Pre-Seed Raised $440K · modeled $1.8M (est)Channel Islands Expeditions Inc. · Pre-Seed Raised $225K · modeled $1.6M (est)Itinerate, Inc. · Pre-Seed Raised $160K · modeled $1.4M (est)Perfleek, Inc. · Pre-Seed Raised $130K · modeled $1.2M (est)Tru Adventure Travel Inc · Pre-Seed Raised $120K · modeled $1.1M (est)Flitways Technology Inc. (this company) Raised $865K · modeled $6.7M (est)Flitways Technology Inc.
CompanyStageRaised · realValue · estvs peer med.
Bluebird Backcountry, LLCPre-Seed$950K$6.9M1.99×
Flitways Technology Inc. this companyPre-Seed$865K$6.7M1.92×
Group Island Spirit, Inc.Pre-Seed$500K$4.5M1.28×
Wheel The World Inc.Pre-Seed$478K$4.3M1.22×
Cornucopiacastle, LDAPre-Seed$460K$4.1M1.18×
Helios Dyrt Partners II, LLCPre-Seed$610K$3.7M1.05×
MJT Holdings LLCPre-Seed$400K$3.3M0.95×
DragonSlayer Services, Inc.Pre-Seed$440K$1.8M0.51×
Channel Islands Expeditions Inc.Pre-Seed$225K$1.6M0.47×
Itinerate, Inc.Pre-Seed$160K$1.4M0.41×
Perfleek, Inc.Pre-Seed$130K$1.2M0.33×
Tru Adventure Travel IncPre-Seed$120K$1.1M0.31×
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$115K2017-08-22$639K$1.0M90%
Pre-Seed$750K2019-04-15$4.2M$6.7M90%
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$115K2017-08-22
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$750K2019-04-15
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 6.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
Intelligence
2020 ~Q4
Modeled next raise · ~20mo cadence
$2.3M
Modeled next size est.range $1.5M$3.6M
6.5×
Last step-up
$526K/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
Daniel Sobolowski2019-04
Tobi Mac Aro2017-08
Registry & provenance

Flitways Technology 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
1582919
SEC CIK
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
Resort Co LLCTourism and Travel ServicesPre-Seed$869K$7.8Msame sector · same stage
RVspotfinder.com, LLCTourism and Travel ServicesPre-Seed$907K$4.9Msame sector · same stage
Bluebird Backcountry, LLCTourism and Travel ServicesPre-Seed$950K$6.9Msame sector · same stage
WaterplayUSA, Inc.Tourism and Travel ServicesPre-Seed$758K$5.0Msame sector · same stage
Beach.com, Inc.Tourism and Travel ServicesPre-Seed$750K$1.1Msame sector · same stage
Excurt LLCTourism and Travel ServicesPre-Seed$750K$3.6Msame sector · same stage
Explorify MotorCycle Rentals LLCTourism and Travel ServicesPre-Seed$750K$6.7Msame sector · same stage
Buffalo Hunt, LLCTourism and Travel ServicesPre-Seed$1.0M$5.7Msame 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
Innovative Travel Technologies, Inc.Other TravelSeed$10.8M80%
Go Trip Network, Inc.Tourism and Travel ServicesPre-Seed$4.0M79%
VisitDays Corp.Other TechnologySeed$42.1M79%
Ride RoundTrip, Inc.Other TechnologySeries A$111.8M79%
Floret, Inc.Other TechnologySeed$20.6M79%
TripScout, Inc.Other TechnologySeed$63.5M79%
VacayMyWay, Inc.Tourism and Travel ServicesPre-Seed$1.3M79%
Route Dynamics Corp.Other TechnologySeries A$8.1M78%
Frequently asked
How much funding has Flitways Technology Inc. raised?
Flitways Technology Inc. has raised approximately $865K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Flitways Technology Inc.'s estimated valuation?
Provath's modeled valuation for Flitways Technology Inc. is approximately $6.7M (modeled range $445K–$75.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Flitways Technology Inc. at?
Flitways Technology Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Apr 15.
What does Flitways Technology Inc. do and where is it based?
Flitways Technology Inc. operates in the Tourism and Travel Services sector, based in WEST PALM BEACH.
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