Companies · Other

FMC GlobalSat Holdings, Inc.

FORT LAUDERDALE · Other

Diligence memoA one-page analyst read on FMC GlobalSat Holdings, Inc. — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
4
Rounds
0.4×
Latest step-up
Top 45%
Sector rank · raised
Seed
Latest stage · inferred · Fri Apr 26 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

FMC GlobalSat Holdings, Inc. looks under-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.

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 0.15× the median modeled value of Seed Other companies in 2019–2021 (1101 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

FMC GlobalSat Holdings, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
8.8 yr record
Peak capital year was 2017 with $1.8M across 2 filings.
Market position
ahead of 56% of Other peers
Capital scale is ahead of 56% of Other peers; modeled value is above 22% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2017: $1.8M across 2 filings.
  • Largest single filing was $1.6M on 2017-12-28.
  • Filing rows sum to $3.6M, while canonical raised total is $3.0M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

FMC GlobalSat Holdings, Inc. is one of 25015 Other companies tracked from FORT LAUDERDALE. By capital raised it ranks mid-pack (ahead of 56% 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
1
Investors (latest)
2017
Year incorporated
2019-04-26
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$13M$25M$38M$50MPre-Seed · 2017-09-27 Raised $175K (real) Modeled valuation $4.0M (est)$175K$4.0MPre-Seed2017Seed · 2017-12-28 Raised $1.6M (real) Modeled valuation $29M (est)$1.6M$29MSeed2017Seed · 2018-11-14 Raised $990K (real) Modeled valuation $18M (est)$990K$18MSeed2018Pre-Seed · 2018-11-14 Raised $625K (real) Modeled valuation $14M (est)$625K$14MPre-Seed2018Seed · 2019-04-26 Raised $225K (real) Modeled valuation $4.2M (est)$225K$4.2MSeed2019+$1.6M+$990K+$625K+$225KCumulative $3.6M

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$175K · 2017
Seed$1.6M · 2017
Seed extension$990K · 2018
Bridge · Seed-stage$625K · 2018smaller follow-on
Seed extension$225K · 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
$4.2M
Base estimate est.
$203K
Conservative case
$32.8M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $4.0M · 2017-09-272017Seed · modeled $29.5M · 2017-12-28Seed · modeled $18.4M · 2018-11-14Pre-Seed · modeled $14.4M · 2018-11-14Seed · modeled $4.2M · 2019-04-262019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
7.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$1.9M/yr
Capital velocity
8.8 yr
On record since
2017
First round
5
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) 1.5× above median
This company$3.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$225K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$4.2M
Sector median$17.7M

Raised more than 56% 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 (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 #1058 of 1,101.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Esperos, Inc. · Seed Raised $4.0M · modeled $74.4M (est)AL International Holdings Inc. · Seed Raised $4.0M · modeled $74.4M (est)Clean Beam, LLC · Seed Raised $4.0M · modeled $74.4M (est)SEAM Group Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)HemTex Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)BlueStripe Inc. · Seed Raised $4.0M · modeled $74.4M (est)Yardstik, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Labyrinthe Holdings Corp · Seed Raised $4.0M · modeled $74.4M (est)INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY Co · Seed Raised $4.0M · modeled $74.4M (est)Exotic Breeding Partnership LLC 5 · Seed Raised $4.0M · modeled $74.4M (est)Phg Oz I, Llc · Seed Raised $4.0M · modeled $73.7M (est)Betasv L.P. · Seed Raised $4.0M · modeled $73.3M (est)FMC GlobalSat Holdings, Inc. (this company) Raised $3.0M · modeled $4.2M (est)FMC GlobalSat Holdings, Inc.
CompanyStageRaised · realValue · estvs peer med.
Esperos, Inc.Seed$4.0M$74.4M2.67×
AL International Holdings Inc.Seed$4.0M$74.4M2.67×
Clean Beam, LLCSeed$4.0M$74.4M2.67×
SEAM Group Holdings, LLCSeed$4.0M$74.4M2.67×
HemTex Holdings, LLCSeed$4.0M$74.4M2.67×
BlueStripe Inc.Seed$4.0M$74.4M2.67×
Yardstik, Inc.Seed$4.0M$74.4M2.67×
Labyrinthe Holdings CorpSeed$4.0M$74.4M2.67×
INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY CoSeed$4.0M$74.4M2.67×
Exotic Breeding Partnership LLC 5Seed$4.0M$74.4M2.67×
Phg Oz I, LlcSeed$4.0M$73.7M2.64×
Betasv L.P.Seed$4.0M$73.3M2.63×
FMC GlobalSat Holdings, Inc. this companySeed$3.0M$4.2M0.15×
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$175K2017-09-27$972K$4.0M90%
Seed$1.6M2017-12-28$7.9M$29.5M90%
Seed$990K2018-11-14$5.0M$18.4M90%
Pre-Seed$625K2018-11-14$3.5M$14.4M90%
Seed$225K2019-04-26$1.1M$4.2M90%
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$175K2017-09-27
    • First recorded raise — entered as Pre-Seed.
    • 8 investors on this round.
  2. Seed$1.6M2017-12-28
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 9.1× larger than the prior — scaling up.
    • Revenue band moved No revenue → $0–$1M.
    • 22 investors on this round.
  3. Seed$990K2018-11-14
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  4. Pre-Seed$625K2018-11-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  5. Seed$225K2019-04-26
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~5mo cadence
$225K
Modeled next size est.range $225K$360K
0.4×
Last step-up
$1.9M/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
Brett Nesland2 other2017-09
Edward M. Stern2 other2017-12
David Montanaro1 other2019-04
Ian Thompson1 other2017-12
Sean Martin1 other2017-09
Adam Ferguson2017-12
Brett M Nesland2017-12
Chris MacDonald2017-12
Edward Stern2018-11
Emmanuel Cotrel2017-12
Ian M. Thompson2018-11
Mitchell L Lampert2017-09
Robert Kubat2017-12
Sean M Martin2017-12
Registry & provenance

FMC GlobalSat Holdings, 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
1719881
SEC CIK
2017
Incorporated
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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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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
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FMP Investments, LLCOtherPre-Seed$10.4M83%
GLOBAL ACQUISITIONS CorpOtherSeed$9.2M83%
Global Atomic CorpOtherSeries A$16.7M82%
RMC NM Holdings, Inc.OtherPre-Seed$1.7M82%
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Sachs Global IncOtherPre-Seed$2.7M81%
Frequently asked
How much funding has FMC GlobalSat Holdings, Inc. raised?
FMC GlobalSat Holdings, Inc. has raised approximately $3.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is FMC GlobalSat Holdings, Inc.'s estimated valuation?
Provath's modeled valuation for FMC GlobalSat Holdings, Inc. is approximately $4.2M (modeled range $203K–$32.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FMC GlobalSat Holdings, Inc. at?
FMC GlobalSat Holdings, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Apr 26.
What does FMC GlobalSat Holdings, Inc. do and where is it based?
FMC GlobalSat Holdings, Inc. operates in the Other sector, based in FORT LAUDERDALE.
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