Companies · Other Technology

ikaSystems Corp

SOUTHBOROUGH · Other Technology

Diligence memoA one-page analyst read on ikaSystems Corp — recommendation, valuation, rhythm, risks.
$27.5M
Total raised · real
2
Rounds
1.2×
Latest step-up
Top 14%
Sector rank · raised
Series A
Latest stage · inferred · Thu Jan 09 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

ikaSystems Corp 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 2.73× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.5 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

ikaSystems Corp is one of 21292 Other Technology companies tracked from SOUTHBOROUGH. By capital raised it ranks in the upper tier (ahead of 87% 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
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$125M$250M$375M$500MSeries A · 2012-11-29 Raised $12M (real) Modeled valuation $347M (est)$12M$347MSeries A2012Series A · 2014-01-09 Raised $15M (real) Modeled valuation $416M (est)$15M$416MSeries A2014+$15MCumulative $27M

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$12.5M · 2012
Series A extension$15.0M · 2014

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
$416.1M
Base estimate est.
$20.0M
Conservative case
$2.3B
Upside case
$68.2M
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 technology sector profile. Directional, not a quoted figure.

Series A · modeled $346.5M · 2012-11-292012Series A · modeled $416.1M · 2014-01-092014
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
12.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$24.7M/yr
Capital velocity
13.6 yr
On record since
2012
First round
2
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) 8.7× above median
This company$27.5M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.6× above median
This company$15.0M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 11× above median
This company$416.1M
Sector median$37.3M

Raised more than 87% of sector peers (real $). Modeled value above 91% 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 #6 of 789.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Uni-Pixel · Series A Raised $19.4M · modeled $416.1M (est)Exostar Corp · Series A Raised $15.0M · modeled $416.1M (est)FoundationDB, Inc. · Series A Raised $15.0M · modeled $416.1M (est)iDevices, LLC · Series A Raised $25.7M · modeled $416.1M (est)Liaison Technologies, Inc. · Series A Raised $25.9M · modeled $416.1M (est)Rage Frameworks, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Zafin Global Holdings Corp. · Series A Raised $15.0M · modeled $416.1M (est)Olapic, Inc. · Series A Raised $21.3M · modeled $416.1M (est)Lavu Inc · Series A Raised $15.0M · modeled $416.1M (est)Vormetric Inc · Series A Raised $15.0M · modeled $416.1M (est)BlueData Software, Inc. · Series A Raised $19.0M · modeled $416.1M (est)ikaSystems Corp (this company) Raised $27.5M · modeled $416.1M (est)ikaSystems Corp
CompanyStageRaised · realValue · estvs peer med.
Uni-PixelSeries A$19.4M$416.1M2.73×
Exostar CorpSeries A$15.0M$416.1M2.73×
FoundationDB, Inc.Series A$15.0M$416.1M2.73×
iDevices, LLCSeries A$25.7M$416.1M2.73×
Liaison Technologies, Inc.Series A$25.9M$416.1M2.73×
ikaSystems Corp this companySeries A$27.5M$416.1M2.73×
Rage Frameworks, Inc.Series A$15.0M$416.1M2.73×
Zafin Global Holdings Corp.Series A$15.0M$416.1M2.73×
Olapic, Inc.Series A$21.3M$416.1M2.73×
Lavu IncSeries A$15.0M$416.1M2.73×
Vormetric IncSeries A$15.0M$416.1M2.73×
BlueData Software, Inc.Series A$19.0M$416.1M2.73×
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$12.5M2012-11-29$56.8M$346.5M90%
Series A$15.0M2014-01-09$68.2M$416.1M90%
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$12.5M2012-11-29
    • First recorded raise — entered as Series A.
  2. Series A$15.0M2014-01-09
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2015 ~Q1
Modeled next raise · ~13mo cadence
$18.0M
Modeled next size est.range $15.0M$28.8M
1.2×
Last step-up
$24.7M/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
Hooks Johnston5 other2014-01
Michael Gray5 other2014-01
Leslie V. Norwalk4 other2012-11
Steve Wiggins2 other2014-01
Leslie Norwalk1 other2014-01
Brad Miller2014-01
Dennis Dracup2014-01
Eran V. Broshy2012-11
Jesse V. Du Bey2012-11
Joseph Marabito2014-01
Joseph V. Marabito2012-11
Kate V. Criniti2012-11
Ravi V. Ika2012-11
Steve V. Wiggins2012-11
William Hughes2014-01
William V. Hughes2012-11
Registry & provenance

ikaSystems Corp 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
1401865
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
REBIScan, Inc.Other TechnologySeries A$8.7M$240.7Mnetwork1 shared operator · same sector · same stage
Verical IncOther TechnologySeries A$6.4M$12.7Mnetwork1 shared operator · same sector · same stage
Bitly, Inc.Other TechnologySeries A$27.2M$406.2Msame sector · same stage
Incorta, Inc.Other TechnologySeries A$27.8M$416.1Msame sector · same stage
Reverse Medical CorpOther TechnologySeries A$28.1M$383.1Msame sector · same stage
DV01, Inc.Other TechnologySeries A$28.4M$416.1Msame sector · same stage
Liaison Technologies, Inc.Other TechnologySeries A$25.9M$416.1Msame sector · same stage
Yapp Media, LLCOther TechnologySeries A$25.8M$389.8Msame sector · same stage
Frequently asked
How much funding has ikaSystems Corp raised?
ikaSystems Corp has raised approximately $27.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is ikaSystems Corp's estimated valuation?
Provath's modeled valuation for ikaSystems Corp is approximately $416.1M (modeled range $20.0M–$2.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ikaSystems Corp at?
ikaSystems Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Jan 09.
What does ikaSystems Corp do and where is it based?
ikaSystems Corp operates in the Other Technology sector, based in SOUTHBOROUGH.
Explore related

See where ikaSystems Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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