Diligence memo · auto-generated · as of July 2, 2026
KLDiscovery Inc.
KLDiscovery Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
KLDiscovery Inc. operates in Business Services, based in EDEN PRAIRIE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
KLDiscovery Inc. has raised $34M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $34M on 2024-11-19.
Most recent recorded round closed around 2024-11-19.
Valuation (modeled)modeled
Provath models KLDiscovery Inc. at approximately $210M (range $86M–$349M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.26× the median modeled value of Series B Business Services companies in 2022–2024 (27 peers) — value vs value, same stage and era. Within the normal band (126% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 29 months.
Last raise 19 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 7.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Business Services peers (2439 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Socially Determined, Inc., SWISS GROUP FINANCE Corp, Truora Inc., C3 Capital, Inc., Relay Ridge Capital LLC.
Peoplefiled
24 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.