Companies · Software / Tech

Grayscale Labs, Inc.

ATLANTA · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Grayscale Labs, Inc. — recommendation, valuation, rhythm, risks.
$8.3M
Total raised · real
2
Rounds
1.5×
Latest step-up
Top 37%
Sector rank · raised
Series A
Latest stage · inferred · Wed Sep 21 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Grayscale Labs, Inc. looks fair against its niche peers and is at-risk 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 1.12× the median modeled value of Series A Software / Tech companies in 2022–2024 (413 peers) — value vs value, same stage and era.
  • Within the normal band (112% of peer median) for its niche.
At-risk
  • Last raise 3.8 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Software / Tech

Grayscale Labs, Inc. is one of 3920 Software / Tech companies tracked from ATLANTA. By capital raised it ranks mid-pack (ahead of 64% 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
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
3
Investors (latest)
2018
Year incorporated
2022-09-21
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$25M$50M$75M$100MSeed · 2021-09-02 Raised $3.3M (real) Modeled valuation $63M (est)$3.3M$63MSeed2021Series A · 2022-09-21 Raised $5.0M (real) Modeled valuation $56M (est)$5.0M$56MSeries A2022+$5.0MCumulative $8.3M

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$3.3M · 2021
Series A$5.0M · 2022

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: 67%.

Modeled valuation trajectory
$56.4M
Base estimate est.
$6.7M
Conservative case
$183.7M
Upside case
$22.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $63.4M · 2021-09-022021Series A · modeled $56.4M · 2022-09-212022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$7.8M/yr
Capital velocity
4.8 yr
On record since
2021
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 1.8× above median
This company$8.3M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$5.0M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$56.4M
Sector median$36.6M

Raised more than 64% of sector peers (real $). Modeled value above 61% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #178 of 413.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Solidblock Holdings LLC Detox Digital Series · Series A Raised $15.0M · modeled $210.2M (est)inFeedo Tech Inc. · Series A Raised $14.3M · modeled $205.9M (est)Red Leader Technologies, Inc. · Series A Raised $13.8M · modeled $202.0M (est)Mocha Technologies Inc. · Series A Raised $13.4M · modeled $200.7M (est)Isometric Technologies Inc. · Series A Raised $15.0M · modeled $193.3M (est)Carbon6 Technologies, Inc. · Series A Raised $15.9M · modeled $188.0M (est)Grin Technology Services, Inc. · Series A Raised $14.7M · modeled $180.7M (est)Nucleated Foam Technologies, Inc. · Series A Raised $12.5M · modeled $174.2M (est)Primer Labs Inc. · Series A Raised $12.9M · modeled $169.4M (est)Triumph Labs, Inc. · Series A Raised $12.1M · modeled $165.0M (est)Thred Technologies, Inc. · Series A Raised $14.9M · modeled $160.1M (est)MetaStreet Labs, Inc. · Series A Raised $26.2M · modeled $157.4M (est)Grayscale Labs, Inc. (this company) Raised $8.3M · modeled $56.4M (est)Grayscale Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Solidblock Holdings LLC Detox Digital SeriesSeries A$15.0M$210.2M4.16×
inFeedo Tech Inc.Series A$14.3M$205.9M4.08×
Red Leader Technologies, Inc.Series A$13.8M$202.0M4.00×
Mocha Technologies Inc.Series A$13.4M$200.7M3.98×
Isometric Technologies Inc.Series A$15.0M$193.3M3.83×
Carbon6 Technologies, Inc.Series A$15.9M$188.0M3.72×
Grin Technology Services, Inc.Series A$14.7M$180.7M3.58×
Nucleated Foam Technologies, Inc.Series A$12.5M$174.2M3.45×
Primer Labs Inc.Series A$12.9M$169.4M3.36×
Triumph Labs, Inc.Series A$12.1M$165.0M3.27×
Thred Technologies, Inc.Series A$14.9M$160.1M3.17×
MetaStreet Labs, Inc.Series A$26.2M$157.4M3.12×
Grayscale Labs, Inc. this companySeries A$8.3M$56.4M1.12×
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$3.3M2021-09-02$16.3M$63.4M90%
Series A$5.0M2022-09-21$22.7M$56.4M90%
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. Seed$3.3M2021-09-02
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
  2. Series A$5.0M2022-09-21
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~13mo cadence
$7.7M
Modeled next size est.range $5.0M$12.3M
1.5×
Last step-up
$7.8M/yr
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
Jon Birdsong3 other2021-09
Rob Forman1 other2022-09
Ty Abernethy1 other2021-09
Hubert Liu2021-09
Registry & provenance

Grayscale Labs, 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
1882739
SEC CIK
2018
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
Nano Labs LtdSoftware / TechSeries A$8.2M$49.2Msame sector · same stage
XOR Data Exchange, Inc.Software / TechSeries A$8.3M$55.5Msame sector · same stage
Recess Digital, Inc.Software / TechSeries A$8.1M$54.8Msame sector · same stage
Biller Genie Software, LLCSoftware / TechSeries A$8.4M$55.3Msame sector · same stage
Arrows Software Inc.Software / TechSeries A$8.1M$53.6Msame sector · same stage
Wellfield Technologies Inc.Software / TechSeries A$8.0M$56.0Msame sector · same stage
Uncharted Labs Inc.Software / TechSeries A$8.5M$60.1Msame sector · same stage
Canto Technologies Inc.Software / TechSeries A$8.0M$54.6Msame 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
Multiscale Technologies, Inc.Software / TechSeries A$56.7M85%
Gray Matters Data Corp.Software / TechSeed$21.4M84%
greymatter.io Inc.Software / TechSeries A$101.2M84%
GreyscaleAI, Inc.Other TechnologySeries B$11.0M84%
Tenxer Labs, Inc.Software / TechSeed$30.4M83%
Arable Labs, Inc.Software / TechSeries C$773.0M83%
Leven Labs, Inc.Software / TechSeries A$65.5M83%
MIDL LABS IncSoftware / TechSeed$7.5M83%
Frequently asked
How much funding has Grayscale Labs, Inc. raised?
Grayscale Labs, Inc. has raised approximately $8.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Grayscale Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Grayscale Labs, Inc. is approximately $56.4M (modeled range $6.7M–$183.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Grayscale Labs, Inc. at?
Grayscale Labs, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Sep 21.
What does Grayscale Labs, Inc. do and where is it based?
Grayscale Labs, Inc. operates in the Software / Tech sector, based in ATLANTA.
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