Companies · Other Technology

Forward Initiative Inc.

CORAL SPRINGS · Other Technology

Diligence memoA one-page analyst read on Forward Initiative Inc. — recommendation, valuation, rhythm, risks.
$18.0M
Total raised · real
2
Rounds
0.9×
Latest step-up
Top 19%
Sector rank · raised
Series A
Latest stage · inferred · Thu Aug 17 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Forward Initiative Inc. looks fair 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.

Fair
  • Modeled value is 1.31× the median modeled value of Series A Other Technology companies in 2022–2024 (1325 peers) — value vs value, same stage and era.
  • Within the normal band (131% of peer median) for its niche.
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 Other Technology

Forward Initiative Inc. is one of 21292 Other Technology companies tracked from CORAL SPRINGS. By capital raised it ranks in the upper tier (ahead of 82% of sector peers), and mid-pack 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
6
Investors (latest)
2021
Year incorporated
2023-08-17
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$50M$100M$150M$200MSeries A · 2022-06-07 Raised $9.6M (real) Modeled valuation $122M (est)$9.6M$122MSeries A2022Series A · 2023-08-17 Raised $8.4M (real) Modeled valuation $66M (est)$8.4M$66MSeries A2023+$8.4MCumulative $18M

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
Series A$9.6M · 2022
Series A extension$8.4M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$65.9M
Base estimate est.
$11.3M
Conservative case
$174.4M
Upside case
$38.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $121.8M · 2022-06-072022Series A · modeled $65.9M · 2023-08-172023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/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
14 mo
Avg between rounds
$15.1M/yr
Capital velocity
4.1 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 5.7× above median
This company$18.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.5× above median
This company$8.4M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 1.8× above median
This company$65.9M
Sector median$37.3M

Raised more than 82% of sector peers (real $). Modeled value above 63% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #464 of 1,325.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Phylum, Inc. · Series A Raised $15.0M · modeled $222.2M (est)Keon Foundation Ltd. · Series A Raised $15.0M · modeled $211.9M (est)Remoteam Inc. · Series A Raised $14.3M · modeled $209.5M (est)MultiSafe, Inc. · Series A Raised $17.3M · modeled $208.6M (est)Careerian Inc. · Series A Raised $20.3M · modeled $203.8M (est)Continu Inc. · Series A Raised $13.5M · modeled $202.4M (est)Devron Corp · Series A Raised $16.8M · modeled $201.5M (est)RISC Zero, Inc. · Series A Raised $14.4M · modeled $199.5M (est)Pentagon Port LLC · Series A Raised $15.0M · modeled $198.7M (est)Amnic Inc. · Series A Raised $14.0M · modeled $198.2M (est)Intensivate Inc · Series A Raised $14.7M · modeled $190.3M (est)Ws Holdco, Pbc · Series A Raised $14.8M · modeled $188.2M (est)Forward Initiative Inc. (this company) Raised $18.0M · modeled $65.9M (est)Forward Initiative Inc.
CompanyStageRaised · realValue · estvs peer med.
Phylum, Inc.Series A$15.0M$222.2M4.42×
Keon Foundation Ltd.Series A$15.0M$211.9M4.22×
Remoteam Inc.Series A$14.3M$209.5M4.17×
MultiSafe, Inc.Series A$17.3M$208.6M4.15×
Careerian Inc.Series A$20.3M$203.8M4.06×
Continu Inc.Series A$13.5M$202.4M4.03×
Devron CorpSeries A$16.8M$201.5M4.01×
RISC Zero, Inc.Series A$14.4M$199.5M3.97×
Pentagon Port LLCSeries A$15.0M$198.7M3.96×
Amnic Inc.Series A$14.0M$198.2M3.95×
Intensivate IncSeries A$14.7M$190.3M3.79×
Ws Holdco, PbcSeries A$14.8M$188.2M3.75×
Forward Initiative Inc. this companySeries A$18.0M$65.9M1.31×
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.
Series A$9.6M2022-06-07$43.6M$121.8M90%
Series A$8.4M2023-08-17$38.3M$65.9M90%
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. Series A$9.6M2022-06-07
    • First recorded raise — entered as Series A.
    • 22 investors on this round.
  2. Series A$8.4M2023-08-17
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~14mo cadence
$8.4M
Modeled next size est.range $8.4M$13.5M
0.9×
Last step-up
$15.1M/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
Carlo Dapuzzo6 other2023-08
Daniel Bilbao2 other2023-08
Fabian Gomez Guttierez2023-08
Francisco Jassir2022-06
Registry & provenance

Forward Initiative 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
1934402
SEC CIK
2021
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
Salon Interactive, Inc.Other TechnologySeries A$17.8M$66.3Msame sector · same stage
Vetro, Inc.Other TechnologySeries A$17.4M$65.9Msame sector · same stage
Reynen Court Inc.Other TechnologySeries A$18.8M$66.6Msame sector · same stage
Airstack w3 Inc.Other TechnologySeries A$19.1M$66.5Msame sector · same stage
Refraction Point, Inc.Other TechnologySeries A$16.6M$67.0Msame sector · same stage
Edera, Inc. / DEOther TechnologySeries A$20.0M$65.7Msame sector · same stage
Folloze, Inc.Other TechnologySeries A$20.0M$64.1Msame sector · same stage
Bloomlife, Inc.Other TechnologySeries A$21.0M$66.7Msame 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
Forward Human Inc.Other TechnologySeed$61.5M93%
Forward Networks, Inc.Other TechnologySeries C$749.7M92%
Step Ahead Innovations, Inc.Other TechnologySeed$48.1M88%
Cure Forward Corp.Other TechnologySeries A$124.8M88%
Thought Forward Design, Inc.Other TechnologyPre-Seed$17.5M88%
Fast Forward, Inc.Other TechnologySeed$888K88%
Finance Forward Automotive, Inc.Other TechnologyPre-Seed$833K86%
Verne Forward, Inc.Other TechnologyPre-Seed$4.4M86%
Frequently asked
How much funding has Forward Initiative Inc. raised?
Forward Initiative Inc. has raised approximately $18.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Forward Initiative Inc.'s estimated valuation?
Provath's modeled valuation for Forward Initiative Inc. is approximately $65.9M (modeled range $11.3M–$174.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Forward Initiative Inc. at?
Forward Initiative Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Aug 17.
What does Forward Initiative Inc. do and where is it based?
Forward Initiative Inc. operates in the Other Technology sector, based in CORAL SPRINGS.
Explore related

See where Forward Initiative 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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