Diligence memo · auto-generated · as of July 2, 2026
ItsWare Inc.
ItsWare Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
ItsWare Inc. operates in Other Technology, based in PALO ALTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ItsWare Inc. has raised $1.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $856K on 2024-10-10.
Most recent recorded round closed around 2024-10-10.
Valuation (modeled)modeled
Provath models ItsWare Inc. at approximately $3.6M (range $560K–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.29× the median modeled value of Pre-Seed Other Technology companies in 2022–2024 (975 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 21 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round stepped up 2.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 32% of Other Technology peers (21302 compared).
Modeled value ranks above 8% of those peers.
Closest niche peers: InRev, Inc., Positiv.ly LLC, SmashNet INC, RealConnex Holdings Inc., Pm-Ordr, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.