Companies · Manufacturing / Industrial

Forerunner Industries, Inc.

BROOKLYN · Manufacturing / Industrial · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Forerunner Industries, Inc. — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
1
Rounds
Latest step-up
Top 17%
Sector rank · raised
Seed
Latest stage · inferred · Fri May 10 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Forerunner Industries, Inc. looks fair 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 manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Seed Manufacturing / Industrial companies in 2019–2021 (10 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 7.1 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Manufacturing / Industrial

Forerunner Industries, Inc. is one of 629 Manufacturing / Industrial companies tracked from BROOKLYN. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and in the upper tier 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
9
Investors (latest)
2019
Year incorporated
2019-05-10
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$5.0M$10M$15M$20MSeed · 2019-05-10 Raised $1.5M (real) Modeled valuation $18M (est)$1.5M$18MSeed2019

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$1.5M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$18.4M
Base estimate est.
$1.4M
Conservative case
$144.4M
Upside case
$7.5M
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 manufacturing sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
7.1 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
7.1 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

Benchmarked against 629 companies in Manufacturing / Industrial. 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) 0.4× of median
This company$1.5M
Sector median$4.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$18.4M
Sector median$14.1M

Raised more than 84% of sector peers (real $). Modeled value above 89% 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 #6 of 10.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Blue Valley Industrial Holdings, LLC · Seed Raised $3.3M · modeled $39.9M (est)Cti Industries Corp · Seed Raised $3.4M · modeled $30.7M (est)Helicoid Industries Inc. · Seed Raised $2.4M · modeled $29.8M (est)Transmute Industries, Inc. · Seed Raised $2.0M · modeled $23.1M (est)NBB Equipment 2019 LLC · Seed Raised $1.5M · modeled $18.4M (est)1933 Industries Inc. · Seed Raised $3.5M · modeled $6.4M (est)Jbe Industries Llc · Seed Raised $2.6M · modeled $4.3M (est)HGI Industries, Inc. · Seed Raised $4.0M · modeled $3.8M (est)Industrial Services Of America Inc · Seed Raised $4.3M · modeled $2.3M (est)Forerunner Industries, Inc. (this company) Raised $1.5M · modeled $18.4M (est)Forerunner Industries, Inc.
CompanyStageRaised · realValue · estvs peer med.
Blue Valley Industrial Holdings, LLCSeed$3.3M$39.9M2.17×
Cti Industries CorpSeed$3.4M$30.7M1.67×
Helicoid Industries Inc.Seed$2.4M$29.8M1.62×
Transmute Industries, Inc.Seed$2.0M$23.1M1.26×
NBB Equipment 2019 LLCSeed$1.5M$18.4M1.00×
Forerunner Industries, Inc. this companySeed$1.5M$18.4M1.00×
1933 Industries Inc.Seed$3.5M$6.4M0.35×
Jbe Industries LlcSeed$2.6M$4.3M0.23×
HGI Industries, Inc.Seed$4.0M$3.8M0.21×
Industrial Services Of America IncSeed$4.3M$2.3M0.13×
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$1.5M2019-05-10$7.5M$18.4M90%
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$1.5M2019-05-10
    • First recorded raise — entered as Seed.
    • 9 investors on this round.
Intelligence
Modeled next raise
$2.4M
Modeled next size est.range $1.6M$3.8M
Last step-up
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
James White12 other2019-05
Adam Michela1 other2019-05
Registry & provenance

Forerunner Industries, 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
1772807
SEC CIK
2019
Incorporated
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
Mossy Head Industrial Park LLCManufacturing / IndustrialSeed$1.5M$7.7Msame sector · same stage
NBB Equipment 2019 LLCManufacturing / IndustrialSeed$1.5M$18.4Msame sector · same stage
1311 Industrial LlcManufacturing / IndustrialSeed$1.5M$7.7Msame sector · same stage
Valley Queen Cheese Factory, Inc.Manufacturing / IndustrialSeed$1.5M$18.8Msame sector · same stage
CAPE Industries, LLCManufacturing / IndustrialSeed$1.5M$17.8Msame sector · same stage
Factory Cleaning Equipment, LLCManufacturing / IndustrialSeed$1.6M$4.6Msame sector · same stage
Evergreen Reno Industrial Park, LlcManufacturing / IndustrialSeed$1.7M$20.3Msame sector · same stage
Industrious Spirit Company, LLCManufacturing / IndustrialSeed$1.3M$16.1Msame 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
Agile Space Industries Inc.Manufacturing / IndustrialSeries B$91.2M82%
Factory Universe CoManufacturing / IndustrialPre-Seed$2.0M81%
Emblem Industries, Inc.Manufacturing / IndustrialPre-Seed$2.3M81%
Story Industries, Inc.Manufacturing / IndustrialSeed$5.0M80%
Spartan Micro, Inc.OtherSeed$19.2M80%
Halo Industries, Inc.ManufacturingSeries C$321.3M80%
Sparta Software CorpSoftware / TechSeries B$54.7M80%
Chancellor IndustriesManufacturing / IndustrialSeries A$74.9M79%
Frequently asked
How much funding has Forerunner Industries, Inc. raised?
Forerunner Industries, Inc. has raised approximately $1.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Forerunner Industries, Inc.'s estimated valuation?
Provath's modeled valuation for Forerunner Industries, Inc. is approximately $18.4M (modeled range $1.4M–$144.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Forerunner Industries, Inc. at?
Forerunner Industries, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri May 10.
What does Forerunner Industries, Inc. do and where is it based?
Forerunner Industries, Inc. operates in the Manufacturing / Industrial sector, based in BROOKLYN.
Explore related

See where Forerunner Industries, 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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