Companies · Telecommunications

Lightyear Network Solutions, Inc.

LOUISVILLE · Telecommunications

Diligence memoA one-page analyst read on Lightyear Network Solutions, Inc. — recommendation, valuation, rhythm, risks.
$46.5M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jun 28 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Lightyear Network Solutions, Inc. looks under-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 telecom sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.26× the median modeled value of Series B Telecommunications companies in 2010–2012 (15 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.0 yr ago; this sector typically re-raises about every 10 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 Telecommunications

Lightyear Network Solutions, Inc. is one of 929 Telecommunications companies tracked from LOUISVILLE. By capital raised it ranks in the upper tier (ahead of 87% of sector peers), and in the upper tier 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$250M$500M$750M$1.0BSeries B · 2010-02-12 Raised $40M (real) Modeled valuation $770M (est)$40M$770MSeries B2010Series B · 2010-02-12 Raised $40M (real) Modeled valuation $770M (est)$40M$770MSeries B2010Series B · 2010-06-28 Raised $5.0M (real) Modeled valuation $96M (est)$5.0M$96MSeries B2010Series B · 2010-06-28 Raised $1.5M (real) Modeled valuation $29M (est)$1.5M$29MSeries B2010+$40M+$5.0M+$1.5MCumulative $87M

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 B$40.0M · 2010
Series B extension$40.0M · 2010
Series B extension$5.0M · 2010
Series B extension$1.5M · 2010

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$96.2M
Base estimate est.
$12.1M
Conservative case
$370.3M
Upside case
$27.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Series B · modeled $769.8M · 2010-02-122010Series B · modeled $769.8M · 2010-02-12Series B · modeled $96.2M · 2010-06-28Series B · modeled $29.3M · 2010-06-282010
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
66%
Survival probability
44% low · 81% high
1.32×/yr
Annual markup
1.60×/yr upside case
6.0 yr
Elapsed time used
16.0 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
$124.9M/yr
Capital velocity
16.4 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 12× above median
This company$46.5M
Sector median$4.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$1.5M
Sector median$17.5M
Modeled value — vs sector median (estimate, all stages) 3.4× above median
This company$96.2M
Sector median$28.3M

Raised more than 87% of sector peers (real $). Modeled value above 73% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #15 of 15.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Neophotonics Corp · Series B Raised $48.7M · modeled $765.6M (est)Globalstar, Inc. · Series B Raised $30.0M · modeled $577.3M (est)Row 44 Inc · Series B Raised $27.8M · modeled $534.0M (est)Yume Inc · Series B Raised $66.5M · modeled $423.4M (est)Eco-Site, Inc · Series B Raised $31.4M · modeled $401.2M (est)Apeiron Wireless, LLC · Series B Raised $20.5M · modeled $394.5M (est)Rgb Networks Inc · Series B Raised $20.0M · modeled $384.9M (est)Skorpios Technologies, Inc. · Series B Raised $21.2M · modeled $365.6M (est)Kajeet Inc · Series B Raised $18.1M · modeled $347.9M (est)Vello Systems · Series B Raised $17.0M · modeled $327.1M (est)Glimmerglass Networks Inc · Series B Raised $22.2M · modeled $300.7M (est)Tristar Investors Inc · Series B Raised $50.9M · modeled $288.7M (est)Lightyear Network Solutions, Inc. (this company) Raised $46.5M · modeled $96.2M (est)Lightyear Network Solutions, Inc.
CompanyStageRaised · realValue · estvs peer med.
Neophotonics CorpSeries B$48.7M$765.6M2.09×
Globalstar, Inc.Series B$30.0M$577.3M1.58×
Row 44 IncSeries B$27.8M$534.0M1.46×
Yume IncSeries B$66.5M$423.4M1.16×
Eco-Site, IncSeries B$31.4M$401.2M1.10×
Apeiron Wireless, LLCSeries B$20.5M$394.5M1.08×
Rgb Networks IncSeries B$20.0M$384.9M1.05×
Skorpios Technologies, Inc.Series B$21.2M$365.6M1.00×
Kajeet IncSeries B$18.1M$347.9M0.95×
Vello SystemsSeries B$17.0M$327.1M0.89×
Glimmerglass Networks IncSeries B$22.2M$300.7M0.82×
Tristar Investors IncSeries B$50.9M$288.7M0.79×
Lightyear Network Solutions, Inc. this companySeries B$46.5M$96.2M0.26×
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 B$40.0M2010-02-12$222.2M$769.8M90%
Series B$40.0M2010-02-12$222.2M$769.8M90%
Series B$5.0M2010-06-28$27.8M$96.2M90%
Series B$1.5M2010-06-28$8.5M$29.3M90%
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 B$40.0M2010-02-12
    • First recorded raise — entered as Series B.
  2. Series B$40.0M2010-02-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Series B$5.0M2010-06-28
    • Came back fast: 4 mo vs the ~10 mo sector norm.
    • Round 8.0× smaller than the prior — bridge or down round.
  4. Series B$1.5M2010-06-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.3× smaller than the prior — bridge or down round.
Intelligence
2010 ~Q3
Modeled next raise · ~1mo cadence
$1.5M
Modeled next size est.range $1.5M$2.4M
0.3×
Last step-up
$124.9M/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
Chris T. Sullivan3 other2010-02
J. Sherman Henderson, III2 other2010-02
John Sherman Greive1 other2010-02
W. Brent Rice1 other2010-02
April L. Erickson2010-02
Elaine G. Bush2010-02
John J. Greive2010-06
Randy J. Ammon2010-06
Rigdon O. Dees2010-06
Rigdon O. Dees III2010-02
Ronald L. Carmicle2010-06
Ronald T. Carmicle2010-02
Stephen M. Lochmueller2010-02
Registry & provenance

Lightyear Network Solutions, Inc. 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
1130888
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
LY Holdings, LLCTelecommunicationsSeed$3.9M$24.2Mnetwork2 shared operators · same sector
Searchlight TYP Holdco, LLCTelecommunicationsSeries B$43.3M$124.3Msame sector · same stage
Guerrilla RF, Inc.TelecommunicationsSeries B$51.9M$136.5Msame sector · same stage
Vanu, Inc.TelecommunicationsSeries B$41.7M$31.6Msame sector · same stage
Pacific DataVision, Inc.TelecommunicationsSeries B$40.3M$26.2Msame sector · same stage
Actelis Networks IncTelecommunicationsSeries B$53.8M$135.5Msame sector · same stage
VoltServer Inc.TelecommunicationsSeries B$38.9M$158.5Msame sector · same stage
DialogTech Inc.TelecommunicationsSeries B$56.9M$47.7Msame sector · same stage
Frequently asked
How much funding has Lightyear Network Solutions, Inc. raised?
Lightyear Network Solutions, Inc. has raised approximately $46.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Lightyear Network Solutions, Inc.'s estimated valuation?
Provath's modeled valuation for Lightyear Network Solutions, Inc. is approximately $96.2M (modeled range $12.1M–$370.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lightyear Network Solutions, Inc. at?
Lightyear Network Solutions, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jun 28.
What does Lightyear Network Solutions, Inc. do and where is it based?
Lightyear Network Solutions, Inc. operates in the Telecommunications sector, based in LOUISVILLE.
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