Companies · Other Technology

Hazelcast, Inc.

San Mateo · Other Technology

Diligence memoA one-page analyst read on Hazelcast, Inc. — recommendation, valuation, rhythm, risks.
$55.1M
Total raised · real
4
Rounds
0.5×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Tue May 21 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Hazelcast, 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. 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.

Over-valued
  • Modeled value is 2.33× the median modeled value of Series B Other Technology companies in 2019–2021 (415 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.1 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 Other Technology

Hazelcast, Inc. is one of 21292 Other Technology companies tracked from San Mateo. By capital raised it ranks among the largest (ahead of 94% 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
7
Investors (latest)
2019-05-21
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$500M$1.0B$1.5B$2.0BSeed · 2013-06-10 Raised $2.6M (real) Modeled valuation $88M (est)$2.6M$88MSeed2013Series A · 2014-09-10 Raised $11M (real) Modeled valuation $304M (est)$11M$304MSeries A2014Series A · 2017-03-20 Raised $3.1M (real) Modeled valuation $87M (est)$3.1M$87MSeries A2017Series B · 2019-05-21 Raised $38M (real) Modeled valuation $1.2B (est)$38M$1.2BSeries B2019Series B · 2019-05-21 Raised $21M (real) Modeled valuation $643M (est)$21M$643MSeries B2019+$11M+$3.1M+$38M+$21MCumulative $76M

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$2.6M · 2013
Series A$11.0M · 2014
Series A extension$3.1M · 2017
Series B$38.5M · 2019
Series B extension$21.1M · 2019

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: 75%.

Modeled valuation trajectory
$1.2B
Base estimate est.
$94.2M
Conservative case
$4.5B
Upside case
$213.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $88.1M · 2013-06-102013Series A · modeled $304.1M · 2014-09-10Series A · modeled $86.5M · 2017-03-20Series B · modeled $1.2B · 2019-05-21Series B · modeled $642.6M · 2019-05-212019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
7.1 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$9.3M/yr
Capital velocity
13.1 yr
On record since
2013
First round
5
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 17× above median
This company$55.1M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.1× above median
This company$21.1M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 31× above median
This company$1.2B
Sector median$37.3M

Raised more than 94% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #7 of 415.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Decisions, LLC · Series B Raised $40.0M · modeled $1.2B (est)Visual Lease, LLC · Series B Raised $40.0M · modeled $1.2B (est)Suvoda LLC · Series B Raised $40.0M · modeled $1.2B (est)SmartRecruiters, Inc. · Series B Raised $95.0M · modeled $1.2B (est)Litify Inc. · Series B Raised $43.7M · modeled $1.2B (est)Stevenson Aggregator, LP · Series B Raised $39.5M · modeled $1.2B (est)Qardio, Inc. · Series B Raised $99.8M · modeled $1.1B (est)BlockFi Inc. · Series B Raised $62.6M · modeled $1.1B (est)Pencil & Pixel, Inc. · Series B Raised $74.4M · modeled $1.1B (est)Niche.com, Inc. · Series B Raised $36.0M · modeled $1.1B (est)EdCast Inc. · Series B Raised $67.5M · modeled $1.1B (est)Hazelcast, Inc. (this company) Raised $55.1M · modeled $1.2B (est)Hazelcast, Inc.
CompanyStageRaised · realValue · estvs peer med.
Decisions, LLCSeries B$40.0M$1.2B2.42×
Visual Lease, LLCSeries B$40.0M$1.2B2.42×
Suvoda LLCSeries B$40.0M$1.2B2.42×
SmartRecruiters, Inc.Series B$95.0M$1.2B2.42×
Litify Inc.Series B$43.7M$1.2B2.42×
Stevenson Aggregator, LPSeries B$39.5M$1.2B2.39×
Hazelcast, Inc. this companySeries B$55.1M$1.2B2.33×
Qardio, Inc.Series B$99.8M$1.1B2.28×
BlockFi Inc.Series B$62.6M$1.1B2.27×
Pencil & Pixel, Inc.Series B$74.4M$1.1B2.25×
Niche.com, Inc.Series B$36.0M$1.1B2.12×
EdCast Inc.Series B$67.5M$1.1B2.12×
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$2.6M2013-06-10$12.9M$88.1M85%
Series A$11.0M2014-09-10$49.8M$304.1M85%
Series A$3.1M2017-03-20$14.2M$86.5M90%
Series B$38.5M2019-05-21$213.7M$1.2B90%
Series B$21.1M2019-05-21$117.2M$642.6M90%
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$2.6M2013-06-10
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Series A$11.0M2014-09-10
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  3. Series A$3.1M2017-03-20
    • Raised again after 30 mo — slower than the ~13 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  4. Series B$38.5M2019-05-21
    • Raised again after 26 mo — slower than the ~13 mo sector norm.
    • Round 12.3× larger than the prior — scaling up.
    • 9 investors on this round.
  5. Series B$21.1M2019-05-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~18mo cadence
$21.1M
Modeled next size est.range $21.1M$33.8M
0.5×
Last step-up
$9.3M/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
SALIL DESHPANDE6 other2013-06
ALI KUTAY2 other2013-06
Chris Wilson2 other2019-05
ROD JOHNSON2 other2013-06
Kelly Herrell1 other2019-05
Marion Smith III1 other2019-05
Roland Manger1 other2014-09
William Kilmer1 other2019-05
William Lehmann1 other2019-05
Eric Bochner2019-05
FUAD MELIKZADE2013-06
Greg Luck2014-09
Marcos Battisti2019-05
Morgan Dioli2017-03
Nadine Teixeira2017-03
TALIP OZTURK2013-06
Registry & provenance

Hazelcast, 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
1555106
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
UberCloud Inc.Other TechnologySeries A$6.8M$46.0Mnetwork3 shared operators · same sector
Webaction, Inc.Other TechnologySeries B$41.3M$924.7Mnetwork1 shared operator · same sector · same stage
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Lightbend, Inc.Other TechnologySeries B$29.9M$39.4Mnetwork1 shared operator · same sector · same stage
Char Software, Inc.Other TechnologySeries B$55.2M$1.1Bsame sector · same stage
OpenSky Project, Inc.Other TechnologySeries B$55.5M$913.7Msame sector · same stage
Vistronix Intelligence & Technology Solutions, LLCOther TechnologySeries B$56.1M$1.2Bsame sector · same stage
Cyphort Inc.Other TechnologySeries B$53.7M$913.7Msame 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
Goldcast Inc.Other TechnologySeries B$483.0M88%
Fullcast Inc.Other TechnologySeed$33.0M87%
Wildcast, Inc.Other TechnologyPre-Seed$7.0M87%
FreeCast, Inc.Other TechnologySeries A$27.6M86%
Boxcast Inc.Other TechnologySeed$58.8M86%
EdCast Inc.Other TechnologySeries B$1.1B86%
Colorcast, Inc.Other TechnologySeries A$32.5M86%
Brandcast, Inc.Other TechnologySeries B$548.2M85%
Frequently asked
How much funding has Hazelcast, Inc. raised?
Hazelcast, Inc. has raised approximately $55.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Hazelcast, Inc.'s estimated valuation?
Provath's modeled valuation for Hazelcast, Inc. is approximately $1.2B (modeled range $94.2M–$4.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hazelcast, Inc. at?
Hazelcast, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue May 21.
What does Hazelcast, Inc. do and where is it based?
Hazelcast, Inc. operates in the Other Technology sector, based in San Mateo.
Explore related

See where Hazelcast, 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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