Companies · Computers

Fun Built, Llc

LOS ANGELES · Computers

Diligence memoA one-page analyst read on Fun Built, Llc — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
1
Rounds
Latest step-up
Top 62%
Sector rank · raised
Seed
Latest stage · inferred · Tue Nov 29 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Fun Built, Llc looks under-valued 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 software/compute sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.65× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.6 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Fun Built, Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
14.6 yr record
Peak capital year was 2011 with $1.0M across 1 filings.
Market position
ahead of 39% of Computers peers
Capital scale is ahead of 39% of Computers peers; modeled value is above 54% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2011: $1.0M across 1 filings.
  • Largest single filing was $1.0M on 2011-11-29.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Computers

Fun Built, Llc is one of 1370 Computers companies tracked from LOS ANGELES. By capital raised it ranks in the long tail (ahead of 39% 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
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$13M$25M$38M$50MSeed · 2011-11-29 Raised $1.0M (real) Modeled valuation $41M (est)$1.0M$41MSeed2011

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
Seed$1.0M · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$41.2M
Base estimate est.
$909K
Conservative case
$323.3M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
6.0 yr
Elapsed time used
14.6 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
14.6 yr
On record since
2011
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1370 companies in Computers. 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) 0.5× of median
This company$1.0M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$41.2M
Sector median$33.0M

Raised more than 39% of sector peers (real $). Modeled value above 54% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #67 of 82.

This companyCohort peer
$10.0M$100.0M$1.0B$100K$1.0M$10.0M$100.0MCapital raised (log)Netsol Technologies Inc · Seed Raised $4.0M · modeled $163.2M (est)Mykonos Software Inc · Seed Raised $4.0M · modeled $163.2M (est)VM6 Software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)dynaTrace software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Optaros Inc · Seed Raised $4.0M · modeled $163.2M (est)Intrinsity Inc · Seed Raised $4.0M · modeled $163.2M (est)Cognitive Electronics, Inc. · Seed Raised $3.8M · modeled $157.0M (est)Breker Verification Systems, Inc. · Seed Raised $3.8M · modeled $155.8M (est)Invoke Solutions Inc · Seed Raised $5.5M · modeled $153.3M (est)Certpoint Systems Inc · Seed Raised $5.9M · modeled $153.0M (est)Certify Data Systems Inc · Seed Raised $9.4M · modeled $147.3M (est)Green Mountain Digital Inc. · Seed Raised $4.0M · modeled $147.0M (est)Fun Built, Llc (this company) Raised $1.0M · modeled $41.2M (est)Fun Built, Llc
CompanyStageRaised · realValue · estvs peer med.
Netsol Technologies IncSeed$4.0M$163.2M2.56×
Mykonos Software IncSeed$4.0M$163.2M2.56×
VM6 Software, Inc.Seed$4.0M$163.2M2.56×
dynaTrace software, Inc.Seed$4.0M$163.2M2.56×
Optaros IncSeed$4.0M$163.2M2.56×
Intrinsity IncSeed$4.0M$163.2M2.56×
Cognitive Electronics, Inc.Seed$3.8M$157.0M2.47×
Breker Verification Systems, Inc.Seed$3.8M$155.8M2.45×
Invoke Solutions IncSeed$5.5M$153.3M2.41×
Certpoint Systems IncSeed$5.9M$153.0M2.40×
Certify Data Systems IncSeed$9.4M$147.3M2.31×
Green Mountain Digital Inc.Seed$4.0M$147.0M2.31×
Fun Built, Llc this companySeed$1.0M$41.2M0.65×
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.
Seed$1.0M2011-11-29$5.0M$41.2M90%
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. Seed$1.0M2011-11-29
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$1.6M
Modeled next size est.range $1.1M$2.6M
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
ALAN KOCH2011-11
ROBERT MILES KEMP2011-11
Registry & provenance

Fun Built, Llc 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
1539698
SEC CIK
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
finfora IncComputersSeed$1.0M$42.0Msame sector · same stage
Reszi Aptly, LPComputersSeed$1.1M$21.4Msame sector · same stage
ColdLogix, Inc.ComputersSeed$1.1M$43.2Msame sector · same stage
DigiShares II A/SComputersSeed$1.1M$43.9Msame sector · same stage
Intelligent Buying, Inc.ComputersSeed$1.1M$44.3Msame sector · same stage
Reveal Data CorpComputersSeed$1.1M$44.7Msame sector · same stage
Real-Scan, Inc.ComputersSeed$1.1M$44.9Msame sector · same stage
SiCortex IncComputersSeed$1.1M$45.1Msame sector · same stage
Frequently asked
How much funding has Fun Built, Llc raised?
Fun Built, Llc has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Fun Built, Llc's estimated valuation?
Provath's modeled valuation for Fun Built, Llc is approximately $41.2M (modeled range $909K–$323.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Fun Built, Llc at?
Fun Built, Llc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Nov 29.
What does Fun Built, Llc do and where is it based?
Fun Built, Llc operates in the Computers sector, based in LOS ANGELES.
Explore related

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