Diligence memo · auto-generated · as of July 2, 2026
Ledgerset Inc.
Ledgerset Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Ledgerset Inc. operates in Computers, based in Wellsley.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ledgerset Inc. has raised $1.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.4M on 2022-08-08.
Most recent recorded round closed around 2023-10-05.
Valuation (modeled)modeled
Provath models Ledgerset Inc. at approximately $2.0M (range $225K–$6.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.15× the median modeled value of Seed Computers companies in 2022–2024 (41 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 2.7 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 5.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 48% of Computers peers (1371 compared).
Modeled value ranks above 8% of those peers.
Closest niche peers: Konfer, Inc., Rigor Technologies Inc, Third Time Entertainment, Inc, Drifting in Space Corp, K16 Solutions, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.