Diligence memo · auto-generated · as of July 2, 2026
FSG Digital Inc.
FSG Digital Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
FSG Digital Inc. operates in Software / Tech, based in LAS VEGAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FSG Digital Inc. has raised $4.5M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.9M on 2023-03-22.
Most recent recorded round closed around 2024-05-24.
Valuation (modeled)modeled
Provath models FSG Digital Inc. at approximately $4.8M (range $794K–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.29× the median modeled value of Seed Software / Tech companies in 2022–2024 (387 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 2.1 yr ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 2.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 51% of Software / Tech peers (3920 compared).
Modeled value ranks above 16% of those peers.
Closest niche peers: SkyBell Technologies, Inc., BuyerAssist.io, Inc., Adaptive Surface Technologies, Inc., Abstract Labs, Inc., Elixir Lab Usa Inc..
Peoplefiled
3 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.