Diligence memo · auto-generated · as of July 2, 2026
Flume Internet, Inc.
Flume Internet, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Flume Internet, Inc. operates in Other, based in NEW YORK.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Flume Internet, Inc. has raised $8.4M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.9M on 2021-06-24.
Most recent recorded round closed around 2024-11-21.
Valuation (modeled)modeled
Provath models Flume Internet, Inc. at approximately $13M (range $3.1M–$30M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.13× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era. Within the normal band (113% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 19 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 75% of Other peers (25015 compared).
Modeled value ranks above 44% of those peers.
Closest niche peers: Dropee Inc., NFH Northern Project Development, LLC, FactorFund-Note-2022 LLC, Immersion Elements LLC, Possip, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.