Diligence memo · auto-generated · as of July 2, 2026

Ketryx Corp

Ketryx Corp looks over-valued against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 2.6× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Ketryx Corp operates in Other, based in Cambridge.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Ketryx Corp has raised $54M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $36M on 2025-07-18.

Most recent recorded round closed around 2025-07-18.

Valuation (modeled)modeled

Provath models Ketryx Corp at approximately $173M (range $90M–$253M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.03× the median modeled value of Series B Other companies in 2025–2027 (207 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 15 months.

Last raise 11 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 2.6× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 94% of Other peers (25015 compared).

Modeled value ranks above 88% of those peers.

Closest niche peers: Acorn Sim Investor Holdings, LLC, Aircapture, Inc., Bathhouse Holdings Inc., Chlorum Solutions USA LLC, Olympus Pines LLC.

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.