Companies · Other Technology

FreeSpace Photonics, Inc.New on the radar

MADISON · Other Technology

Diligence memoA one-page analyst read on FreeSpace Photonics, Inc. — recommendation, valuation, rhythm, risks.
$302K
Total raised · real
1
Rounds
Latest step-up
Top 89%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Feb 19 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

FreeSpace Photonics, Inc. looks fair against its niche peers and is active 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 1.13× the median modeled value of Pre-Seed Other Technology companies in 2025–2027 (422 peers) — value vs value, same stage and era.
  • Within the normal band (113% of peer median) for its niche.
Active
  • Last raise 16 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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

FreeSpace Photonics, Inc. is one of 21292 Other Technology companies tracked from MADISON. By capital raised it ranks in the long tail (ahead of 12% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024
Year incorporated
2025-02-19
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$500K$1.0M$1.5M$2.0MPre-Seed · 2025-02-19 Raised $302K (real) Modeled valuation $1.0M (est)$302K$1.0MPre-Seed2025

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$302K · 2025

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

Modeled valuation trajectory
$1.0M
Base estimate est.
$197K
Conservative case
$2.9M
Upside case
$1.7M
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 technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.72×/yr
Annual markup
2.33×/yr upside case
1.4 yr
Elapsed time used
1.4 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.4 yr
On record since
2025
First round
New
First-time filer
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) 0.1× of median
This company$302K
Sector median$3.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.8× of median
This company$302K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.0M
Sector median$37.3M

Raised more than 12% of sector peers (real $). Modeled value above 3% 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 #191 of 422.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Identomat Inc. · Pre-Seed Raised $1.0M · modeled $3.6M (est)Belong for Me Corp · Pre-Seed Raised $1.3M · modeled $3.5M (est)DeepkinetiX Inc. · Pre-Seed Raised $1.0M · modeled $3.4M (est)LegalEase.law Inc · Pre-Seed Raised $1.0M · modeled $3.2M (est)Floor Stocks Inc. · Pre-Seed Raised $1.0M · modeled $3.2M (est)Livsee, Inc. · Pre-Seed Raised $900K · modeled $3.2M (est)Thub, Inc. · Pre-Seed Raised $1.0M · modeled $3.2M (est)Windrow, Inc. · Pre-Seed Raised $975K · modeled $3.1M (est)Marketfuel Inc. · Pre-Seed Raised $1.2M · modeled $3.1M (est)Sqq Inc. · Pre-Seed Raised $2.9M · modeled $3.0M (est)Doculy, Inc. · Pre-Seed Raised $1.0M · modeled $3.0M (est)Forreels Inc · Pre-Seed Raised $1000K · modeled $3.0M (est)FreeSpace Photonics, Inc. (this company) Raised $302K · modeled $1.0M (est)FreeSpace Photonics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Identomat Inc.Pre-Seed$1.0M$3.6M3.98×
Belong for Me CorpPre-Seed$1.3M$3.5M3.87×
DeepkinetiX Inc.Pre-Seed$1.0M$3.4M3.69×
LegalEase.law IncPre-Seed$1.0M$3.2M3.54×
Floor Stocks Inc.Pre-Seed$1.0M$3.2M3.52×
Livsee, Inc.Pre-Seed$900K$3.2M3.50×
Thub, Inc.Pre-Seed$1.0M$3.2M3.49×
Windrow, Inc.Pre-Seed$975K$3.1M3.42×
Marketfuel Inc.Pre-Seed$1.2M$3.1M3.39×
Sqq Inc.Pre-Seed$2.9M$3.0M3.29×
Doculy, Inc.Pre-Seed$1.0M$3.0M3.25×
Forreels IncPre-Seed$1000K$3.0M3.24×
FreeSpace Photonics, Inc. this companyPre-Seed$302K$1.0M1.13×
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.
Pre-Seed$302K2025-02-19$1.7M$1.0M90%
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$302K2025-02-19
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$482K
Modeled next size est.range $314K$772K
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
Dan A Botez2025-02
Luke J. Mawst2025-02
Robert A Marsland2025-02
Registry & provenance

FreeSpace Photonics, 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
2059228
SEC CIK
2024
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
Way Out, Inc.Other TechnologyPre-Seed$301K$1.1Msame sector · same stage
AngeLink, Inc.Other TechnologyPre-Seed$300K$985Ksame sector · same stage
Cloudweaver Inc.Other TechnologyPre-Seed$300K$1.2Msame sector · same stage
Cybrbase, IncOther TechnologyPre-Seed$300K$1.0Msame sector · same stage
Earthview CorpOther TechnologyPre-Seed$300K$1.0Msame sector · same stage
GridFlow, Inc.Other TechnologyPre-Seed$300K$1.0Msame sector · same stage
GT Optics, Inc.Other TechnologyPre-Seed$300K$1.0Msame sector · same stage
LawLens, LLCOther TechnologyPre-Seed$300K$1.1Msame 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
Laser Photonics CorpOther TechnologySeries A$4.1M89%
OpenLight Photonics, Inc.Other TechnologySeries A$15.4M88%
Xscape Photonics Inc.Other TechnologySeries C$388.1M86%
Sense Photonics, Inc.Other TechnologySeries B$978.1M86%
Flawless Photonics, Inc.Other TechnologySeed$17.0M86%
Capella Photonics IncOther TechnologySeries B$91.4M86%
Nexus Photonics, Inc.Other TechnologySeries A$66.7M86%
FreeRoyalties, Inc.Other TechnologySeed$6.0M86%
Frequently asked
How much funding has FreeSpace Photonics, Inc. raised?
FreeSpace Photonics, Inc. has raised approximately $302K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is FreeSpace Photonics, Inc.'s estimated valuation?
Provath's modeled valuation for FreeSpace Photonics, Inc. is approximately $1.0M (modeled range $197K–$2.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FreeSpace Photonics, Inc. at?
FreeSpace Photonics, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Feb 19.
What does FreeSpace Photonics, Inc. do and where is it based?
FreeSpace Photonics, Inc. operates in the Other Technology sector, based in MADISON.
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