Companies · Telecommunications

Gigs Inc.Winter 2021Active

SAN FRANCISCO · CA, USA · Telecommunications · founded 2021 · https://gigs.com

Diligence memoA one-page analyst read on Gigs Inc. — recommendation, valuation, rhythm, risks.
$69.9M
Total raised · real
1
Rounds
Latest step-up
Top 11%
Sector rank · raised
Series C
Latest stage · inferred · Thu Dec 05 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Gigs Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the telecom 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 0.80× the median modeled value of Series C Telecommunications companies in 2022–2024 (8 peers) — value vs value, same stage and era.
  • Within the normal band (80% of peer median) for its niche.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 10 months.
  • Slightly overdue versus sector cadence.
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 Telecommunications

Gigs Inc. is one of 929 Telecommunications companies tracked from SAN FRANCISCO, CA, USA, on record since 2021. By capital raised it ranks among the largest (ahead of 90% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

The OS for Embedded Telecom

Gigs is the leader in embedded connectivity, powering global mobile infrastructure for some of the world’s largest enterprises. By bridging the gap between telecom carriers and modern digital platforms, Gigs enables connectivity for hundreds of millions of people worldwide. Gigs is backed by Ribbit Capital, Google’s Gradient Ventures, and Y Combinator. Learn more about what we do at www.gigs.com.

FintechHR TechAPIAI
Find Gigs Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
16
Investors (latest)
2021
Year incorporated
2024-12-05
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$250M$500M$750M$1.0BSeries C · 2024-12-05 Raised $70M (real) Modeled valuation $504M (est)$70M$504MSeries C2024

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 C$69.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$504.4M
Base estimate est.
$262.1M
Conservative case
$722.2M
Upside case
$465.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
56% low · 87% high
1.26×/yr
Annual markup
1.44×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.6 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 18× above median
This company$69.9M
Sector median$4.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.5× above median
This company$69.9M
Sector median$48.2M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$504.4M
Sector median$28.3M

Raised more than 90% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #6 of 8.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Clickatell Corp · Series C Raised $91.0M · modeled $1.2B (est)Crosstown Fiber Holdings LLC · Series C Raised $163.9M · modeled $847.5M (est)Flr Grants, Inc. · Series C Raised $79.2M · modeled $666.5M (est)Ribbon Communications Inc. · Series C Raised $52.1M · modeled $637.9M (est)Main Line Sports Assets, Inc. · Series C Raised $50.0M · modeled $615.2M (est)SmartSky New HoldCo, LLC · Series C Raised $115.7M · modeled $344.2M (est)Movius Interactive Corp · Series C Raised $129.0M · modeled $103.0M (est)Gigs Inc. (this company) Raised $69.9M · modeled $504.4M (est)Gigs Inc.
CompanyStageRaised · realValue · estvs peer med.
Clickatell CorpSeries C$91.0M$1.2B1.98×
Crosstown Fiber Holdings LLCSeries C$163.9M$847.5M1.35×
Flr Grants, Inc.Series C$79.2M$666.5M1.06×
Ribbon Communications Inc.Series C$52.1M$637.9M1.02×
Main Line Sports Assets, Inc.Series C$50.0M$615.2M0.98×
Gigs Inc. this companySeries C$69.9M$504.4M0.80×
SmartSky New HoldCo, LLCSeries C$115.7M$344.2M0.55×
Movius Interactive CorpSeries C$129.0M$103.0M0.16×
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 C$69.9M2024-12-05$465.9M$504.4M90%
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 C$69.9M2024-12-05
    • First recorded raise — entered as Series C.
    • 16 investors on this round.
Intelligence
Modeled next raise
$111.8M
Modeled next size est.range $72.7M$178.9M
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
Darian James Shirazi2024-12
Dennis James Bauer2024-12
Hermann Frank2024-12
Jordan James Angelos2024-12
Registry & provenance

Gigs 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
2049678
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
UMBRA Technologies (US) Inc.TelecommunicationsSeries C$70.0M$397.1Msame sector · same stage
Telecom Transport Management IncTelecommunicationsSeries C$71.1M$79.4Msame sector · same stage
SmartSky Investco, LLCTelecommunicationsSeries C$68.3M$464.8Msame sector · same stage
Augme Technologies, Inc.TelecommunicationsSeries C$72.2M$189.7Msame sector · same stage
Iota Communications, Inc.TelecommunicationsSeries C$77.0M$487.9Msame sector · same stage
Tango Networks, Inc.TelecommunicationsSeries C$78.4M$44.3Msame sector · same stage
Flr Grants, Inc.TelecommunicationsSeries C$79.2M$666.5Msame sector · same stage
Technology Holdings North America Inc.TelecommunicationsSeries C$55.2M$275.1Msame 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
Gigster
Build and manage distributed teams
78%
Meaningful Gigs, Inc.Other TechnologySeries A$97.4M76%
Gig Forces Inc.Other TechnologySeries A$109.5M75%
GigFix Inc.Other TechnologyPre-Seed$2.5M74%
Gigapp, LlcOther TechnologySeed$102.2M73%
GIGPRO Inc.OtherSeries B$98.2M72%
Vendora
All-in-One Software for the $1T Grocery Industry
Fintech71%
Shout
Real-Time Classifieds
Fintech71%
Frequently asked
How much funding has Gigs Inc. raised?
Gigs Inc. has raised approximately $69.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Gigs Inc.'s estimated valuation?
Provath's modeled valuation for Gigs Inc. is approximately $504.4M (modeled range $262.1M–$722.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Gigs Inc. at?
Gigs Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Dec 05.
What does Gigs Inc. do and where is it based?
Gigs Inc. operates in the Telecommunications sector, based in SAN FRANCISCO, CA, USA. The OS for Embedded Telecom
Explore related

See where Gigs 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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