Companies · Proptech / Real Estate

Home Bay Technologies Inc.

San Diego · Proptech / Real Estate · refined from filed group “Other

Diligence memoA one-page analyst read on Home Bay Technologies Inc. — recommendation, valuation, rhythm, risks.
$13.2M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 12%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jun 24 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Home Bay Technologies Inc. looks under-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 proptech sector profile.

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

Under-valued
  • Modeled value is 0.25× the median modeled value of Series A Proptech / Real Estate companies in 2019–2021 (9 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.0 yr ago; this sector typically re-raises about every 14 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 Proptech / Real Estate

Home Bay Technologies Inc. is one of 395 Proptech / Real Estate companies tracked from San Diego. By capital raised it ranks in the upper tier (ahead of 89% 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
Rule 506(b)
Reg D exemption
22
Investors (latest)
2020-06-24
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$50M$100M$150M$200MSeries A · 2018-12-19 Raised $12M (real) Modeled valuation $107M (est)$12M$107MSeries A2018Series A · 2020-06-24 Raised $1.1M (real) Modeled valuation $9.4M (est)$1.1M$9.4MSeries A2020+$1.1MCumulative $13M

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$12.2M · 2018
Series A extension$1.1M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — 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
$9.4M
Base estimate est.
$1.4M
Conservative case
$51.0M
Upside case
$4.8M
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 proptech sector profile. Directional, not a quoted figure.

Series A · modeled $107.2M · 2018-12-192018Series A · modeled $9.4M · 2020-06-242020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.24×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
proptech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$8.7M/yr
Capital velocity
7.5 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 395 companies in Proptech / Real Estate. 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) 4.7× above median
This company$13.2M
Sector median$2.8M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1.1M
Sector median$6.0M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$9.4M
Sector median$13.8M

Raised more than 89% of sector peers (real $). Modeled value above 68% 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 #8 of 9.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Temporary Housing Directory Holdings, LLC · Series A Raised $8.5M · modeled $74.9M (est)Home Tech Innovation, Inc. · Series A Raised $10.0M · modeled $65.8M (est)Atmos Inc. · Series A Raised $6.0M · modeled $49.5M (est)See Far Housing Holdings, L.L.C. · Series A Raised $5.0M · modeled $44.0M (est)Fusion Properties Management Group, Inc. · Series A Raised $5.0M · modeled $37.0M (est)RTMC Real Estate LLC · Series A Raised $4.1M · modeled $28.2M (est)Tech Ventures Real Estate LLC · Series A Raised $4.2M · modeled $27.2M (est)Home EC Inc. · Series A Raised $16.7M · modeled $4.0M (est)Home Bay Technologies Inc. (this company) Raised $13.2M · modeled $9.4M (est)Home Bay Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
Temporary Housing Directory Holdings, LLCSeries A$8.5M$74.9M2.03×
Home Tech Innovation, Inc.Series A$10.0M$65.8M1.78×
Atmos Inc.Series A$6.0M$49.5M1.34×
See Far Housing Holdings, L.L.C.Series A$5.0M$44.0M1.19×
Fusion Properties Management Group, Inc.Series A$5.0M$37.0M1.00×
RTMC Real Estate LLCSeries A$4.1M$28.2M0.76×
Tech Ventures Real Estate LLCSeries A$4.2M$27.2M0.73×
Home Bay Technologies Inc. this companySeries A$13.2M$9.4M0.25×
Home EC Inc.Series A$16.7M$4.0M0.11×
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$12.2M2018-12-19$55.3M$107.2M90%
Series A$1.1M2020-06-24$4.8M$9.4M90%
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. Series A$12.2M2018-12-19
    • First recorded raise — entered as Series A.
    • 32 investors on this round.
  2. Series A$1.1M2020-06-24
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round 11.4× smaller than the prior — bridge or down round.
    • 22 investors on this round.
Intelligence
2021 ~Q4
Modeled next raise · ~18mo cadence
$1.1M
Modeled next size est.range $1.1M$1.7M
0.1×
Last step-up
$8.7M/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
Scott Petty8 other2020-06
Steve Beck3 other2020-06
Ken Potashner1 other2018-12
Philip Liang1 other2018-12
Joe Zulli2018-12
Ross Bixler2018-12
Stephen Beck2018-12
Thomas Owen2018-12
Registry & provenance

Home Bay 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
1763243
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
EcoSoul Home Inc.Proptech / Real EstateSeries A$11.9M$47.7Msame sector · same stage
Defiance Senior Living Real Estate, LlcProptech / Real EstateSeries A$11.0M$41.6Msame sector · same stage
JPB Home Services, LLCProptech / Real EstateSeries A$10.5M$26.9Msame sector · same stage
Home EC Inc.Proptech / Real EstateSeries A$16.7M$4.0Msame sector · same stage
B&Z Homes, Inc.Proptech / Real EstateSeries A$16.9M$18.9Msame sector · same stage
Moir Park Properties III LPProptech / Real EstateSeries A$10.1M$35.5Msame sector · same stage
Byron Devon Lynch Iv EstateProptech / Real EstateSeries A$10.0M$45.3Msame sector · same stage
Self-Storage Tech LLCProptech / Real EstateSeries A$10.0M$30.2Msame 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
Home Tech Innovation, Inc.Proptech / Real EstateSeries A$65.8M90%
Home Manager Systems, Inc.Proptech / Real EstatePre-Seed$4.0M88%
Abstract Real Estate, Inc.Proptech / Real EstatePre-Seed$6.7M88%
Loving Home Technologies, Inc.Proptech / Real EstateSeed$7.5M87%
Flat Home Tech Inc.Proptech / Real EstatePre-Seed$1.1M87%
OTTO Homes, Inc.Proptech / Real EstatePre-Seed$2.5M87%
Maiden Home, Inc.Proptech / Real EstatePre-Seed$9.8M86%
Quantum Properties Technology LLCProptech / Real EstatePre-Seed$921K86%
Frequently asked
How much funding has Home Bay Technologies Inc. raised?
Home Bay Technologies Inc. has raised approximately $13.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Home Bay Technologies Inc.'s estimated valuation?
Provath's modeled valuation for Home Bay Technologies Inc. is approximately $9.4M (modeled range $1.4M–$51.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Home Bay Technologies Inc. at?
Home Bay Technologies Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jun 24.
What does Home Bay Technologies Inc. do and where is it based?
Home Bay Technologies Inc. operates in the Proptech / Real Estate sector, based in San Diego.
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