Diligence memo · auto-generated · as of July 2, 2026
Highpass, Inc.
Highpass, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Highpass, Inc. operates in Business Services, based in GLEN ULLIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Highpass, Inc. has raised $750K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $750K on 2023-11-03.
Most recent recorded round closed around 2023-11-03.
Valuation (modeled)modeled
Provath models Highpass, Inc. at approximately $4.7M (range $510K–$19M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.26× the median modeled value of Pre-Seed Business Services companies in 2022–2024 (151 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 2.7 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 50% of Business Services peers (2439 compared).
Modeled value ranks above 40% of those peers.
Closest niche peers: AltaClaro, Inc., LC Group, LLC, SEI - Chicago LLC, Ellie Lane Capital Llc, Blast Digital Media Corp.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.