Companies · Software / Tech

Grin Technologies Inc.

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

Diligence memoA one-page analyst read on Grin Technologies Inc. — recommendation, valuation, rhythm, risks.
$140.7M
Total raised · real
4
Rounds
8.0×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Oct 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Grin Technologies Inc. looks fair 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 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 0.78× the median modeled value of Series D+ Software / Tech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 4.7 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Grin Technologies Inc. is one of 3920 Software / Tech companies tracked from SACRAMENTO. By capital raised it ranks among the largest (ahead of 97% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
24
Investors (latest)
2021-10-01
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$1.3B$2.5B$3.8B$5.0BSeries A · 2019-09-25 Raised $6.7M (real) Modeled valuation $186M (est)$6.7M$186MSeries A2019Series A · 2020-11-23 Raised $8.8M (real) Modeled valuation $208M (est)$8.8M$208MSeries A2020Series A · 2021-05-05 Raised $14M (real) Modeled valuation $275M (est)$14M$275MSeries A2021Series D+ · 2021-10-01 Raised $111M (real) Modeled valuation $2.6B (est)$111M$2.6BSeries D+2021+$8.8M+$14M+$111MCumulative $141M

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 A$6.7M · 2019
Series A extension$8.8M · 2020
Series A extension$13.9M · 2021
Series D+$111.2M · 2021no Series B / Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$2.6B
Base estimate est.
$617.7M
Conservative case
$4.9B
Upside case
$926.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $185.7M · 2019-09-252019Series A · modeled $208.3M · 2020-11-23Series A · modeled $274.7M · 2021-05-05Series D+ · modeled $2.6B · 2021-10-012021
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$69.7M/yr
Capital velocity
6.8 yr
On record since
2019
First round
4
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) 31× above median
This company$140.7M
Sector median$4.6M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.7× of median
This company$111.2M
Sector median$150.0M
Modeled value — vs sector median (estimate, all stages) 70× above median
This company$2.6B
Sector median$36.6M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #30 of 34.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Mango Technologies, Inc. · Series D+ Raised $532.4M · modeled $9.1B (est)Cloud Guru Group Inc. · Series D+ Raised $257.5M · modeled $8.1B (est)Alternative Platform LLC · Series D+ Raised $250.0M · modeled $7.9B (est)Astranis Space Technologies Corp. · Series D+ Raised $376.3M · modeled $7.4B (est)Badger Technology Co Holdings Ltd · Series D+ Raised $254.3M · modeled $6.5B (est)Economic Transformation Technologies Corp · Series D+ Raised $203.7M · modeled $6.3B (est)Apeel Technology, Inc. · Series D+ Raised $534.6M · modeled $6.1B (est)Notion Labs, Inc. · Series D+ Raised $327.0M · modeled $6.0B (est)Hyperloop Technologies, Inc. · Series D+ Raised $299.9M · modeled $5.4B (est)Onestream Software Llc · Series D+ Raised $200.0M · modeled $5.2B (est)Verint Systems Inc · Series D+ Raised $400.0M · modeled $5.2B (est)Luminar Technologies, Inc. · Series D+ Raised $257.3M · modeled $5.2B (est)Grin Technologies Inc. (this company) Raised $140.7M · modeled $2.6B (est)Grin Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
Mango Technologies, Inc.Series D+$532.4M$9.1B2.74×
Cloud Guru Group Inc.Series D+$257.5M$8.1B2.47×
Alternative Platform LLCSeries D+$250.0M$7.9B2.38×
Astranis Space Technologies Corp.Series D+$376.3M$7.4B2.25×
Badger Technology Co Holdings LtdSeries D+$254.3M$6.5B1.97×
Economic Transformation Technologies CorpSeries D+$203.7M$6.3B1.92×
Apeel Technology, Inc.Series D+$534.6M$6.1B1.84×
Notion Labs, Inc.Series D+$327.0M$6.0B1.82×
Hyperloop Technologies, Inc.Series D+$299.9M$5.4B1.65×
Onestream Software LlcSeries D+$200.0M$5.2B1.58×
Verint Systems IncSeries D+$400.0M$5.2B1.58×
Luminar Technologies, Inc.Series D+$257.3M$5.2B1.57×
Grin Technologies Inc. this companySeries D+$140.7M$2.6B0.78×
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 A$6.7M2019-09-25$30.4M$185.7M90%
Series A$8.8M2020-11-23$40.1M$208.3M90%
Series A$13.9M2021-05-05$63.3M$274.7M90%
Series D+$111.2M2021-10-01$926.9M$2.6B90%
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 A$6.7M2019-09-25
    • First recorded raise — entered as Series A.
    • 24 investors on this round.
  2. Series A$8.8M2020-11-23
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 13 investors on this round.
  3. Series A$13.9M2021-05-05
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 23 investors on this round.
  4. Series D+$111.2M2021-10-01
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 8.0× larger than the prior — scaling up.
    • 24 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~8mo cadence
$333.7M
Modeled next size est.range $216.9M$533.9M
8.0×
Last step-up
$69.7M/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
Duncan Davidson11 other2019-09
Jason Calacanis9 other2019-09
Brendan Wales5 other2020-11
Brandon Brown2019-09
Brian Mecham2019-09
Brian Mechem2021-10
Chris Mondfrans2020-11
Jett Fein2021-05
Matt Thomson2019-09
Registry & provenance

Grin Technologies 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
1790698
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
Beacon Platform IncSoftware / TechSeries D+$139.5M$2.3Bsame sector · same stage
Wyze Labs, Inc.Software / TechSeries D+$145.0M$2.7Bsame sector · same stage
Lancium Technologies CorpSoftware / TechSeries D+$150.0M$3.5Bsame sector · same stage
Druva Technologies Pte. Ltd.Software / TechSeries D+$130.0M$4.1Bsame sector · same stage
Sense Labs, Inc.Software / TechSeries D+$154.8M$2.1Bsame sector · same stage
Vise Technologies, Inc.Software / TechSeries D+$126.6M$2.8Bsame sector · same stage
Alliance Data Systems CorpSoftware / TechSeries D+$157.0M$4.5Bsame sector · same stage
Intangible Labs, Inc.Software / TechSeries D+$125.0M$4.0Bsame 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
Grin Technology Services, Inc.Software / TechSeries A$180.7M90%
Smile Technologies CorpSoftware / TechPre-Seed$6.6M89%
Smile Technology Group, Inc.Software / TechSeed$20.7M87%
Jolt Software, Inc.Software / TechSeries B$461.0M87%
Syrup Tech Inc.Software / TechSeries A$92.6M84%
Relief Technologies Inc.Software / TechSeries B$29.4M83%
Minterest Labs OUSoftware / TechPre-Seed$3.8M83%
Welcome Tech, IncSoftware / TechSeries B$805.0M82%
Frequently asked
How much funding has Grin Technologies Inc. raised?
Grin Technologies Inc. has raised approximately $140.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Grin Technologies Inc.'s estimated valuation?
Provath's modeled valuation for Grin Technologies Inc. is approximately $2.6B (modeled range $617.7M–$4.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Grin Technologies Inc. at?
Grin Technologies Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Oct 01.
What does Grin Technologies Inc. do and where is it based?
Grin Technologies Inc. operates in the Software / Tech sector, based in SACRAMENTO.
Explore related

See where Grin Technologies 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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