Diligence memo · auto-generated · as of July 2, 2026

Foursquare Labs, Inc.

Foursquare Labs, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Foursquare Labs, Inc. operates in Software / Tech, based in New York.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Foursquare Labs, Inc. has raised $319M in disclosed capital across 10 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $100M on 2019-06-26.

Most recent recorded round closed around 2025-04-07.

Valuation (modeled)modeled

Provath models Foursquare Labs, Inc. at approximately $28M (range $14M–$39M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.08× the median modeled value of Series C Software / Tech companies in 2025–2027 (39 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 19 months.

Last raise 15 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 26.3× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Software / Tech peers (3920 compared).

Modeled value ranks above 46% of those peers.

Closest niche peers: Clay Labs Inc., Alembic Technologies, Inc., Federato Technologies, Inc., Digital LinkBridge CO, Parler Technologies, Inc..

Peoplefiled

19 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.