Companies · Other

GridGain Systems, Inc.

Foster City · Other

Diligence memoA one-page analyst read on GridGain Systems, Inc. — recommendation, valuation, rhythm, risks.
$10.9M
Total raised · real
2
Rounds
4.8×
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Wed May 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

GridGain Systems, Inc. looks over-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.

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

Over-valued
  • Modeled value is 1.54× the median modeled value of Series A Other companies in 2013–2015 (623 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal 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 Other

GridGain Systems, Inc. is one of 25015 Other companies tracked from Foster City. By capital raised it ranks in the upper tier (ahead of 79% of sector peers), and in the upper tier 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$50M$100M$150M$200MSeed · 2011-10-31 Raised $1.9M (real) Modeled valuation $35M (est)$1.9M$35MSeed2011Series A · 2013-05-01 Raised $9.0M (real) Modeled valuation $136M (est)$9.0M$136MSeries A2013+$9.0MCumulative $11M

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$1.9M · 2011
Series A$9.0M · 2013

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
$136.2M
Base estimate est.
$12.3M
Conservative case
$740.6M
Upside case
$40.9M
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. Directional, not a quoted figure.

Seed · modeled $34.9M · 2011-10-312011Series A · modeled $136.2M · 2013-05-012013
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
13.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$7.3M/yr
Capital velocity
14.7 yr
On record since
2011
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 5.3× above median
This company$10.9M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.6× above median
This company$9.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 7.7× above median
This company$136.2M
Sector median$17.7M

Raised more than 79% of sector peers (real $). Modeled value above 86% 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 #141 of 623.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Biloxi Baseball, LLC · Series A Raised $15.0M · modeled $227.0M (est)United Sample Inc · Series A Raised $31.2M · modeled $227.0M (est)Revolution Lighting Technologies, Inc. · Series A Raised $18.8M · modeled $227.0M (est)County Waste of Virginia, LLC · Series A Raised $15.0M · modeled $227.0M (est)Marathon Patent Group, Inc. · Series A Raised $38.4M · modeled $227.0M (est)New Gold Recovery USA, Inc. · Series A Raised $17.8M · modeled $227.0M (est)Profile Products Institutional Co-Investor Holdings, LLC · Series A Raised $15.0M · modeled $227.0M (est)Sound Seal Holdings, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Nitro Software PTY LTD · Series A Raised $15.0M · modeled $227.0M (est)Content Partners Cyber Holdco, LP · Series A Raised $15.0M · modeled $227.0M (est)CanWel Building Materials Group Ltd. · Series A Raised $15.0M · modeled $227.0M (est)ZAG America, LLC · Series A Raised $15.0M · modeled $227.0M (est)GridGain Systems, Inc. (this company) Raised $10.9M · modeled $136.2M (est)GridGain Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Biloxi Baseball, LLCSeries A$15.0M$227.0M2.57×
United Sample IncSeries A$31.2M$227.0M2.57×
Revolution Lighting Technologies, Inc.Series A$18.8M$227.0M2.57×
County Waste of Virginia, LLCSeries A$15.0M$227.0M2.57×
Marathon Patent Group, Inc.Series A$38.4M$227.0M2.57×
New Gold Recovery USA, Inc.Series A$17.8M$227.0M2.57×
Profile Products Institutional Co-Investor Holdings, LLCSeries A$15.0M$227.0M2.57×
Sound Seal Holdings, Inc.Series A$15.0M$227.0M2.57×
Nitro Software PTY LTDSeries A$15.0M$227.0M2.57×
Content Partners Cyber Holdco, LPSeries A$15.0M$227.0M2.57×
CanWel Building Materials Group Ltd.Series A$15.0M$227.0M2.57×
ZAG America, LLCSeries A$15.0M$227.0M2.57×
GridGain Systems, Inc. this companySeries A$10.9M$136.2M1.54×
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$1.9M2011-10-31$9.4M$34.9M90%
Series A$9.0M2013-05-01$40.9M$136.2M90%
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$1.9M2011-10-31
    • First recorded raise — entered as Seed.
  2. Series A$9.0M2013-05-01
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
Intelligence
2014 ~Q4
Modeled next raise · ~18mo cadence
$27.0M
Modeled next size est.range $17.5M$43.2M
4.8×
Last step-up
$7.3M/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
Kirill Sheynkman4 other2013-05
Dmitriy Setrakyan2011-10
Nikita Ivanov2011-10
Registry & provenance

GridGain Systems, 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
1534256
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
AZOMITE Mineral Products, Inc.OtherSeries A$10.9M$143.6Msame sector · same stage
Golden Queen Mining Co LtdOtherSeries A$10.9M$147.1Msame sector · same stage
Azumah Resources LtdOtherSeries A$10.8M$147.8Msame sector · same stage
DE Dispensary Ops NV LLCOtherSeries A$11.0M$140.4Msame sector · same stage
Pluris So Investor 1, LlcOtherSeries A$11.0M$144.4Msame sector · same stage
AltEn Opportunity I, LPOtherSeries A$11.1M$136.4Msame sector · same stage
Trench Safety Solutions Holdings, LLCOtherSeries A$10.7M$142.7Msame sector · same stage
Ny Principal LlcOtherSeries A$11.1M$145.0Msame sector · same stage
Frequently asked
How much funding has GridGain Systems, Inc. raised?
GridGain Systems, Inc. has raised approximately $10.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is GridGain Systems, Inc.'s estimated valuation?
Provath's modeled valuation for GridGain Systems, Inc. is approximately $136.2M (modeled range $12.3M–$740.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is GridGain Systems, Inc. at?
GridGain Systems, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed May 01.
What does GridGain Systems, Inc. do and where is it based?
GridGain Systems, Inc. operates in the Other sector, based in Foster City.
Explore related

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