Companies · Software / Tech

Focal Technologies, Inc.

PORTLAND · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Focal Technologies, Inc. — recommendation, valuation, rhythm, risks.
$2.1M
Total raised · real
2
Rounds
2.3×
Latest step-up
Top 67%
Sector rank · raised
Seed
Latest stage · inferred · Mon Aug 07 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Focal Technologies, 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. Valuation uses the technology sector profile.

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 Seed Software / Tech companies in 2022–2024 (387 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
At-risk
  • Last raise 2.9 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.
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 Software / Tech

Focal Technologies, Inc. is one of 3920 Software / Tech companies tracked from PORTLAND. By capital raised it ranks in the long tail (ahead of 34% 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
7
Investors (latest)
2023-08-07
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 · 2012-01-31 Raised $1.8M (real) Modeled valuation $63M (est)$1.8M$63MSeed2012Seed · 2012-01-31 Raised $1.4M (real) Modeled valuation $46M (est)$1.4M$46MSeed2012Pre-Seed · 2012-01-31 Raised $110K (real) Modeled valuation $4.7M (est)$110K$4.7MPre-Seed2012Seed · 2023-08-07 Raised $250K (real) Modeled valuation $1.9M (est)$250K$1.9MSeed2023+$1.4M+$110K+$250KCumulative $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
Seed$1.8M · 2012
Seed extension$1.4M · 2012
Bridge · Seed-stage$110K · 2012smaller follow-on
Seed extension$250K · 2023

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

Modeled valuation trajectory
$1.9M
Base estimate est.
$221K
Conservative case
$6.6M
Upside case
$1.3M
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 scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $62.9M · 2012-01-312012Seed · modeled $46.0M · 2012-01-31Pre-Seed · modeled $4.7M · 2012-01-31Seed · modeled $1.9M · 2023-08-072023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
2.9 yr
Elapsed time used
2.9 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
46 mo
Avg between rounds
$182K/yr
Capital velocity
14.4 yr
On record since
2012
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 0.5× of median
This company$2.1M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$250K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.9M
Sector median$36.6M

Raised more than 34% of sector peers (real $). Modeled value above 8% 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 #381 of 387.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)SkyBell Technologies, Inc. · Seed Raised $4.8M · modeled $64.2M (est)BuyerAssist.io, Inc. · Seed Raised $5.7M · modeled $60.3M (est)Adaptive Surface Technologies, Inc. · Seed Raised $3.8M · modeled $59.5M (est)Abstract Labs, Inc. · Seed Raised $3.9M · modeled $57.1M (est)Elixir Lab Usa Inc. · Seed Raised $3.9M · modeled $56.9M (est)Grounded Technologies, Inc. · Seed Raised $3.5M · modeled $56.8M (est)Sticky Technologies, Inc./DE · Seed Raised $3.6M · modeled $54.9M (est)Urban Shipper Technology Inc. · Seed Raised $4.9M · modeled $54.2M (est)Rabbot Technologies Ltd · Seed Raised $3.8M · modeled $53.5M (est)Multisig Labs, Inc. · Seed Raised $3.8M · modeled $53.3M (est)Smartcare Software, Inc. · Seed Raised $3.5M · modeled $50.1M (est)Determinate Systems, Inc. · Seed Raised $3.5M · modeled $49.8M (est)Focal Technologies, Inc. (this company) Raised $2.1M · modeled $1.9M (est)Focal Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
SkyBell Technologies, Inc.Seed$4.8M$64.2M3.92×
BuyerAssist.io, Inc.Seed$5.7M$60.3M3.68×
Adaptive Surface Technologies, Inc.Seed$3.8M$59.5M3.63×
Abstract Labs, Inc.Seed$3.9M$57.1M3.49×
Elixir Lab Usa Inc.Seed$3.9M$56.9M3.48×
Grounded Technologies, Inc.Seed$3.5M$56.8M3.47×
Sticky Technologies, Inc./DESeed$3.6M$54.9M3.35×
Urban Shipper Technology Inc.Seed$4.9M$54.2M3.31×
Rabbot Technologies LtdSeed$3.8M$53.5M3.27×
Multisig Labs, Inc.Seed$3.8M$53.3M3.25×
Smartcare Software, Inc.Seed$3.5M$50.1M3.06×
Determinate Systems, Inc.Seed$3.5M$49.8M3.04×
Focal Technologies, Inc. this companySeed$2.1M$1.9M0.12×
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$1.8M2012-01-31$9.2M$62.9M90%
Seed$1.4M2012-01-31$6.8M$46.0M90%
Pre-Seed$110K2012-01-31$611K$4.7M85%
Seed$250K2023-08-07$1.3M$1.9M90%
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$1.8M2012-01-31
    • First recorded raise — entered as Seed.
    • 19 investors on this round.
  2. Seed$1.4M2012-01-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  3. Pre-Seed$110K2012-01-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 12.3× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • Switched to Rule 06 (was Rule 506(b)).
    • 2 investors on this round.
  4. Seed$250K2023-08-07
    • Raised again after 138 mo — slower than the ~13 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 7 investors on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~46mo cadence
$568K
Modeled next size est.range $369K$909K
2.3×
Last step-up
$182K/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 Yarano2 other2023-08
Donald Megrath1 other2023-08
Donald Howard Megrath2012-01
Don R. Steinmeyer2012-01
Eric R. Steinmeyer2012-01
Eric Steinmeyer2023-08
Grey D. Hecht2023-08
James Grey Cloud Hecht2012-01
Jeffrey D. Pettey2023-08
John R. Steinmeyer2012-01
John Steinmeyer2023-08
Registry & provenance

Focal Technologies, 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
1544988
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
Horne Technologies, Inc.Software / TechSeed$2.1M$1.2Msame sector · same stage
Little Sparrows Technologies, Inc.Software / TechSeed$2.0M$1.7Msame sector · same stage
Sprout Labs, Inc.Software / TechSeed$2.2M$454Ksame sector · same stage
FourQ Technologies Inc.Software / TechSeed$2.2M$313Ksame sector · same stage
Compaction Technologies, Inc.Software / TechSeed$2.2M$3.4Msame sector · same stage
Science Lab 3, Inc.Software / TechSeed$1.9M$2.7Msame sector · same stage
Killington Technologies Inc.Software / TechSeed$1.9M$2.2Msame sector · same stage
XComP Analytics, Inc.Software / TechSeed$2.4M$2.6Msame 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
Focal App, Inc.Software / TechSeries B$298.0M97%
Focal Studio CorpMedia & ContentSeed$5.9M88%
Focal Point Procurement Solutions, Inc.Other TechnologySeed$30.1M87%
Focus Technology Holdings, LlcSoftware / TechPre-Seed$6.8M87%
Momentum Technologies, Inc.Software / TechSeries A$80.1M85%
Iris Technology, Inc.Software / TechPre-Seed$16.9M84%
Sharps Technology Inc.Software / TechGrowth/Late$4.4B84%
Iris Tech Inc.Software / TechPre-Seed$4.2M84%
Frequently asked
How much funding has Focal Technologies, Inc. raised?
Focal Technologies, Inc. has raised approximately $2.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Focal Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Focal Technologies, Inc. is approximately $1.9M (modeled range $221K–$6.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Focal Technologies, Inc. at?
Focal Technologies, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Aug 07.
What does Focal Technologies, Inc. do and where is it based?
Focal Technologies, Inc. operates in the Software / Tech sector, based in PORTLAND.
Explore related

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

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