Companies · Telecommunications

Forsta, Inc.

BOISE · Telecommunications

Diligence memoA one-page analyst read on Forsta, Inc. — recommendation, valuation, rhythm, risks.
$839K
Total raised · real
3
Rounds
1.4×
Latest step-up
Top 77%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Oct 25 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Forsta, 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 telecom 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 0.95× the median modeled value of Pre-Seed Telecommunications companies in 2016–2018 (40 peers) — value vs value, same stage and era.
  • Within the normal band (95% of peer median) for its niche.
Dormant
  • Last raise 7.7 yr ago; this sector typically re-raises about every 10 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 Telecommunications

Forsta, Inc. is one of 929 Telecommunications companies tracked from BOISE. By capital raised it ranks in the long tail (ahead of 24% 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
11
Investors (latest)
2016
Year incorporated
2018-10-25
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 · 2017-02-17 Raised $260K (real) Modeled valuation $7.0M (est)$260K$7.0MPre-Seed2017Pre-Seed · 2018-06-14 Raised $241K (real) Modeled valuation $6.4M (est)$241K$6.4MPre-Seed2018Pre-Seed · 2018-10-25 Raised $338K (real) Modeled valuation $9.0M (est)$338K$9.0MPre-Seed2018+$241K+$338KCumulative $839K

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$260K · 2017
Pre-Seed extension$241K · 2018
Pre-Seed extension$338K · 2018

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

Modeled valuation trajectory
$9.0M
Base estimate est.
$219K
Conservative case
$102.6M
Upside case
$1.9M
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 telecom sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.0M · 2017-02-172017Pre-Seed · modeled $6.4M · 2018-06-14Pre-Seed · modeled $9.0M · 2018-10-252018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 53% high
1.60×/yr
Annual markup
2.16×/yr upside case
6.0 yr
Elapsed time used
7.7 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$498K/yr
Capital velocity
9.4 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 0.2× of median
This company$839K
Sector median$4.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.9× of median
This company$338K
Sector median$365K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$9.0M
Sector median$28.3M

Raised more than 24% of sector peers (real $). Modeled value above 25% 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 #22 of 40.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)OneLink, LLC · Pre-Seed Raised $1.0M · modeled $26.8M (est)Imagination Unwired LLC · Pre-Seed Raised $2.0M · modeled $26.8M (est)Tap Resources, Inc. · Pre-Seed Raised $1.0M · modeled $26.8M (est)Virtual Network Communications Inc. · Pre-Seed Raised $1.0M · modeled $26.8M (est)CTH Partners, LLC · Pre-Seed Raised $900K · modeled $24.1M (est)Digerati Technologies, Inc. · Pre-Seed Raised $840K · modeled $22.5M (est)ConnectQuest, LLC · Pre-Seed Raised $3.0M · modeled $21.4M (est)STS Global, Inc. · Pre-Seed Raised $745K · modeled $19.9M (est)World Communications Group Services, Ltd. · Pre-Seed Raised $709K · modeled $19.0M (est)Freemo Inc. · Pre-Seed Raised $690K · modeled $18.5M (est)Gen Mobile, Inc. · Pre-Seed Raised $685K · modeled $18.3M (est)Telepath Networks, Inc. · Pre-Seed Raised $650K · modeled $17.4M (est)Forsta, Inc. (this company) Raised $839K · modeled $9.0M (est)Forsta, Inc.
CompanyStageRaised · realValue · estvs peer med.
OneLink, LLCPre-Seed$1.0M$26.8M2.81×
Imagination Unwired LLCPre-Seed$2.0M$26.8M2.81×
Tap Resources, Inc.Pre-Seed$1.0M$26.8M2.81×
Virtual Network Communications Inc.Pre-Seed$1.0M$26.8M2.81×
CTH Partners, LLCPre-Seed$900K$24.1M2.53×
Digerati Technologies, Inc.Pre-Seed$840K$22.5M2.36×
ConnectQuest, LLCPre-Seed$3.0M$21.4M2.25×
STS Global, Inc.Pre-Seed$745K$19.9M2.10×
World Communications Group Services, Ltd.Pre-Seed$709K$19.0M2.00×
Freemo Inc.Pre-Seed$690K$18.5M1.94×
Gen Mobile, Inc.Pre-Seed$685K$18.3M1.93×
Telepath Networks, Inc.Pre-Seed$650K$17.4M1.83×
Forsta, Inc. this companyPre-Seed$839K$9.0M0.95×
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$260K2017-02-17$1.4M$7.0M90%
Pre-Seed$241K2018-06-14$1.3M$6.4M90%
Pre-Seed$338K2018-10-25$1.9M$9.0M90%
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$260K2017-02-17
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$241K2018-06-14
    • Raised again after 16 mo — slower than the ~10 mo sector norm.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  3. Pre-Seed$338K2018-10-25
    • Came back fast: 4 mo vs the ~10 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 11 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~10mo cadence
$474K
Modeled next size est.range $338K$759K
1.4×
Last step-up
$498K/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
Patrick M. Sewall1 other2017-02
Patrick Sewall1 other2018-06
Phillip Swan1 other2018-10
Raino Zoller1 other2018-10
Art Hawkins2018-06
John Hale2018-06
Registry & provenance

Forsta, 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
1698488
SEC CIK
2016
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
Digerati Technologies, Inc.TelecommunicationsPre-Seed$840K$22.5Msame sector · same stage
Skylark Wireless, LLCTelecommunicationsPre-Seed$840K$22.5Msame sector · same stage
American Smartphone, IncTelecommunicationsPre-Seed$829K$15.0Msame sector · same stage
Cynergen, Inc.TelecommunicationsPre-Seed$829K$22.2Msame sector · same stage
MyChannel, Inc.TelecommunicationsPre-Seed$820K$22.0Msame sector · same stage
GreatCall, Inc.TelecommunicationsPre-Seed$812K$18.9Msame sector · same stage
LocaLoop, Inc.TelecommunicationsPre-Seed$875K$8.6Msame sector · same stage
Mytek Network Solutions LLCTelecommunicationsPre-Seed$800K$21.4Msame 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
Fiber Platform, LLCTelecommunicationsSeries B$356.0M81%
Plexuss, Inc.TelecommunicationsSeed$33.4M80%
Jive Communications, Inc.TelecommunicationsSeries B$62.5M79%
Telescent, Inc.TelecommunicationsSeries A$156.1M79%
Vanu, Inc.TelecommunicationsSeries B$31.6M79%
WireSurfer, Inc.TelecommunicationsPre-Seed$674K79%
Ondas Networks Inc.TelecommunicationsSeries A$23.7M79%
Red Rock Telecommunications, Inc.TelecommunicationsPre-Seed$1.0M79%
Frequently asked
How much funding has Forsta, Inc. raised?
Forsta, Inc. has raised approximately $839K in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Forsta, Inc.'s estimated valuation?
Provath's modeled valuation for Forsta, Inc. is approximately $9.0M (modeled range $219K–$102.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Forsta, Inc. at?
Forsta, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Oct 25.
What does Forsta, Inc. do and where is it based?
Forsta, Inc. operates in the Telecommunications sector, based in BOISE.
Explore related

See where Forsta, 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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