Companies · Other

Merkle Group Inc

COLUMBIA · Other

Diligence memoA one-page analyst read on Merkle Group Inc — recommendation, valuation, rhythm, risks.
$139.0M
Total raised · real
14
Rounds
0.9×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Tue May 31 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Merkle Group 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.

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 0.18× the median modeled value of Series C Other companies in 2016–2018 (135 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.1 yr ago; this sector typically re-raises about every 11 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 Other

Merkle Group Inc is one of 25015 Other companies tracked from COLUMBIA. By capital raised it ranks among the largest (ahead of 97% 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$500M$1.0B$1.5B$2.0BSeed · 2009-12-31 Raised $1.6M (real) Modeled valuation $30M (est)Seed2009Series C · 2010-08-30 Raised $75M (real) Modeled valuation $1.3B (est)Series C2010Series C · 2010-11-22 Raised $11M (real) Modeled valuation $181M (est)Series C2010Series C · 2010-12-31 Raised $2.8M (real) Modeled valuation $48M (est)Series C2010Series C · 2012-03-31 Raised $1.4M (real) Modeled valuation $25M (est)Series C2012Series C · 2013-07-31 Raised $4.6M (real) Modeled valuation $79M (est)Series C2013Series C · 2014-04-01 Raised $2.0M (real) Modeled valuation $35M (est)Series C2014Series C · 2014-06-30 Raised $1.4M (real) Modeled valuation $23M (est)Series C2014Series C · 2014-07-31 Raised $11M (real) Modeled valuation $183M (est)Series C2014Series C · 2014-11-18 Raised $2.0M (real) Modeled valuation $34M (est)Series C2014Series C · 2015-04-01 Raised $2.0M (real) Modeled valuation $34M (est)Series C2015Series C · 2015-07-31 Raised $5.7M (real) Modeled valuation $97M (est)Series C2015Series C · 2016-03-01 Raised $10.0M (real) Modeled valuation $171M (est)Series C2016Series C · 2016-05-31 Raised $9.2M (real) Modeled valuation $157M (est)Series C2016Cumulative $139M

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
Seed$1.6M · 2009
Series C$75.0M · 2010no Series A / Series B on file
Series C extension$10.6M · 2010
Series C extension$2.8M · 2010
Series C extension$1.4M · 2012
Series C extension$4.6M · 2013
Series C extension$2.0M · 2014
Series C extension$1.4M · 2014
Series C extension$10.7M · 2014
Series C extension$2.0M · 2014
Series C extension$2.0M · 2015
Series C extension$5.7M · 2015
Series C extension$10.0M · 2016
Series C extension$9.2M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$157.4M
Base estimate est.
$35.5M
Conservative case
$414.7M
Upside case
$61.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $30.2M · 2009-12-312009Series C · modeled $1.3B · 2010-08-30Series C · modeled $181.3M · 2010-11-22Series C · modeled $48.1M · 2010-12-31Series C · modeled $24.5M · 2012-03-31Series C · modeled $79.5M · 2013-07-31Series C · modeled $34.9M · 2014-04-01Series C · modeled $23.3M · 2014-06-30Series C · modeled $183.2M · 2014-07-31Series C · modeled $34.4M · 2014-11-18Series C · modeled $34.3M · 2015-04-01Series C · modeled $97.3M · 2015-07-31Series C · modeled $171.5M · 2016-03-01Series C · modeled $157.4M · 2016-05-312016
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
10.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$21.7M/yr
Capital velocity
16.5 yr
On record since
2009
First round
14
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 68× above median
This company$139.0M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$9.2M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 8.9× above median
This company$157.4M
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 87% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #120 of 135.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)C.K. Futures, Llc · Series C Raised $100.0M · modeled $1.7B (est)Corey Moffitt Trust · Series C Raised $100.0M · modeled $1.7B (est)Blockvest LLC · Series C Raised $100.0M · modeled $1.7B (est)Mel Investment Holdings, Llc · Series C Raised $100.0M · modeled $1.7B (est)Nash Holdings, Inc. (Robert Nash, President) · Series C Raised $100.0M · modeled $1.7B (est)Endries Holdings LLC · Series C Raised $99.5M · modeled $1.7B (est)West Star Aviation Holdings LLC · Series C Raised $99.3M · modeled $1.7B (est)DTI Management, LLC · Series C Raised $96.6M · modeled $1.7B (est)American Global Logistics Investment, LLC · Series C Raised $96.1M · modeled $1.6B (est)Zena Holdings, LLC · Series C Raised $95.9M · modeled $1.6B (est)Antenna79, Inc. · Series C Raised $114.4M · modeled $1.6B (est)Bird Rides, Inc. · Series C Raised $94.7M · modeled $1.6B (est)Merkle Group Inc (this company) Raised $139.0M · modeled $157.4M (est)Merkle Group Inc
CompanyStageRaised · realValue · estvs peer med.
C.K. Futures, LlcSeries C$100.0M$1.7B1.98×
Corey Moffitt TrustSeries C$100.0M$1.7B1.98×
Blockvest LLCSeries C$100.0M$1.7B1.98×
Mel Investment Holdings, LlcSeries C$100.0M$1.7B1.98×
Nash Holdings, Inc. (Robert Nash, President)Series C$100.0M$1.7B1.98×
Endries Holdings LLCSeries C$99.5M$1.7B1.97×
West Star Aviation Holdings LLCSeries C$99.3M$1.7B1.97×
DTI Management, LLCSeries C$96.6M$1.7B1.92×
American Global Logistics Investment, LLCSeries C$96.1M$1.6B1.91×
Zena Holdings, LLCSeries C$95.9M$1.6B1.90×
Antenna79, Inc.Series C$114.4M$1.6B1.88×
Bird Rides, Inc.Series C$94.7M$1.6B1.88×
Merkle Group Inc this companySeries C$139.0M$157.4M0.18×
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.
Seed$1.6M2009-12-31$8.1M$30.2M90%
Series C$75.0M2010-08-30$500.0M$1.3B90%
Series C$10.6M2010-11-22$70.5M$181.3M90%
Series C$2.8M2010-12-31$18.7M$48.1M90%
Series C$1.4M2012-03-31$9.5M$24.5M90%
Series C$4.6M2013-07-31$30.9M$79.5M90%
Series C$2.0M2014-04-01$13.6M$34.9M90%
Series C$1.4M2014-06-30$9.0M$23.3M90%
Series C$10.7M2014-07-31$71.2M$183.2M90%
Series C$2.0M2014-11-18$13.4M$34.4M90%
Series C$2.0M2015-04-01$13.3M$34.3M90%
Series C$5.7M2015-07-31$37.8M$97.3M90%
Series C$10.0M2016-03-01$66.7M$171.5M90%
Series C$9.2M2016-05-31$61.2M$157.4M90%
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. Seed$1.6M2009-12-31
    • First recorded raise — entered as Seed.
  2. Series C$75.0M2010-08-30
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 46.1× larger than the prior — scaling up.
  3. Series C$10.6M2010-11-22
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 7.1× smaller than the prior — bridge or down round.
  4. Series C$2.8M2010-12-31
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
  5. Series C$1.4M2012-03-31
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
  6. Series C$4.6M2013-07-31
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
  7. Series C$2.0M2014-04-01
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
  8. Series C$1.4M2014-06-30
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  9. Series C$10.7M2014-07-31
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 7.9× larger than the prior — scaling up.
  10. Series C$2.0M2014-11-18
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 5.3× smaller than the prior — bridge or down round.
  11. Series C$2.0M2015-04-01
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  12. Series C$5.7M2015-07-31
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
  13. Series C$10.0M2016-03-01
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
  14. Series C$9.2M2016-05-31
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2016 ~Q4
Modeled next raise · ~6mo cadence
$9.2M
Modeled next size est.range $9.2M$14.7M
0.9×
Last step-up
$21.7M/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
Michael Williams26 other2009-12
David Williams16 other2009-12
Richard Gross2 other2009-12
David S. Williams1 other2010-08
Beverly N. Rubin2014-04
David S. Yuan2010-08
Donald Patrick2009-12
James S. Warner2012-03
Jason N. Reis2013-07
Jason S. Reis2010-11
Jason S. Rels2010-08
Jean Gilmore Holder2014-04
Jean N. Holder2014-06
Patrick N. Hennessy2013-07
Richard S. Gross2010-08
Robert N. Frerichs2013-07
Sean N. Creamer2016-05
Tim N. Berry2013-07
Registry & provenance

Merkle Group 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
1342190
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
Praetorian Global, Inc.OtherSeries C$136.4M$145.1Msame sector · same stage
Dccm, LlcOtherSeries C$123.9M$150.7Msame sector · same stage
Bally's Chicago, Inc.OtherSeries C$108.7M$158.5Msame sector · same stage
G&W Intermediate Holdings LLCOtherSeries C$105.7M$154.6Msame sector · same stage
Safe Fleet Investments LLCOtherSeries C$99.8M$166.3Msame sector · same stage
Sun TopCo, LPOtherSeries C$86.2M$163.9Msame sector · same stage
Eyconis, Inc.OtherSeries C$85.3M$150.3Msame sector · same stage
LD Hotel Group I, LLCOtherSeries C$70.2M$155.0Msame sector · same stage
Frequently asked
How much funding has Merkle Group Inc raised?
Merkle Group Inc has raised approximately $139.0M in disclosed capital across 14 recorded financing rounds, aggregated from public filings.
What is Merkle Group Inc's estimated valuation?
Provath's modeled valuation for Merkle Group Inc is approximately $157.4M (modeled range $35.5M–$414.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Merkle Group Inc at?
Merkle Group Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue May 31.
What does Merkle Group Inc do and where is it based?
Merkle Group Inc operates in the Other sector, based in COLUMBIA.
Explore related

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