Companies · Software / Tech

Minnow Technologies, Inc.

SEATTLE · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Minnow Technologies, Inc. — recommendation, valuation, rhythm, risks.
$11.1M
Total raised · real
4
Rounds
0.3×
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Mon Feb 26 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Minnow Technologies, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology 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 0.34× the median modeled value of Series A Software / Tech companies in 2022–2024 (413 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Software / Tech

Minnow Technologies, Inc. is one of 3920 Software / Tech companies tracked from SEATTLE. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and in the long tail 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
Rule 506(b)
Reg D exemption
39
Investors (latest)
2021
Year incorporated
2024-02-26
First sale
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$50M$100M$150M$200MPre-Seed · 2018-01-19 Raised $1.0M (real) Modeled valuation $42M (est)$1.0M$42MPre-Seed2018Series A · 2021-04-13 Raised $6.6M (real) Modeled valuation $133M (est)$6.6M$133MSeries A2021Series A · 2022-11-07 Raised $794K (real) Modeled valuation $8.5M (est)$794K$8.5MSeries A2022Series A · 2024-02-26 Raised $2.7M (real) Modeled valuation $17M (est)$2.7M$17MSeries A2024Pre-Seed · 2024-02-26 Raised $855K (real) Modeled valuation $5.0M (est)$855K$5.0MPre-Seed2024+$6.6M+$794K+$2.7M+$855KCumulative $12M

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
Pre-Seed$1.0M · 2018
Series A$6.6M · 2021no Seed on file
Series A extension$794K · 2022
Series A extension$2.7M · 2024
Bridge · Series A-stage$855K · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$17.4M
Base estimate est.
$3.7M
Conservative case
$40.7M
Upside case
$12.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $42.4M · 2018-01-192018Series A · modeled $133.1M · 2021-04-13Series A · modeled $8.5M · 2022-11-07Series A · modeled $17.4M · 2024-02-26Pre-Seed · modeled $5.0M · 2024-02-262024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$1.8M/yr
Capital velocity
8.4 yr
On record since
2018
First round
5
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 2.4× above median
This company$11.1M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$855K
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$17.4M
Sector median$36.6M

Raised more than 69% of sector peers (real $). Modeled value above 36% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #370 of 413.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Solidblock Holdings LLC Detox Digital Series · Series A Raised $15.0M · modeled $210.2M (est)inFeedo Tech Inc. · Series A Raised $14.3M · modeled $205.9M (est)Red Leader Technologies, Inc. · Series A Raised $13.8M · modeled $202.0M (est)Mocha Technologies Inc. · Series A Raised $13.4M · modeled $200.7M (est)Isometric Technologies Inc. · Series A Raised $15.0M · modeled $193.3M (est)Carbon6 Technologies, Inc. · Series A Raised $15.9M · modeled $188.0M (est)Grin Technology Services, Inc. · Series A Raised $14.7M · modeled $180.7M (est)Nucleated Foam Technologies, Inc. · Series A Raised $12.5M · modeled $174.2M (est)Primer Labs Inc. · Series A Raised $12.9M · modeled $169.4M (est)Triumph Labs, Inc. · Series A Raised $12.1M · modeled $165.0M (est)Thred Technologies, Inc. · Series A Raised $14.9M · modeled $160.1M (est)MetaStreet Labs, Inc. · Series A Raised $26.2M · modeled $157.4M (est)Minnow Technologies, Inc. (this company) Raised $11.1M · modeled $17.4M (est)Minnow Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Solidblock Holdings LLC Detox Digital SeriesSeries A$15.0M$210.2M4.16×
inFeedo Tech Inc.Series A$14.3M$205.9M4.08×
Red Leader Technologies, Inc.Series A$13.8M$202.0M4.00×
Mocha Technologies Inc.Series A$13.4M$200.7M3.98×
Isometric Technologies Inc.Series A$15.0M$193.3M3.83×
Carbon6 Technologies, Inc.Series A$15.9M$188.0M3.72×
Grin Technology Services, Inc.Series A$14.7M$180.7M3.58×
Nucleated Foam Technologies, Inc.Series A$12.5M$174.2M3.45×
Primer Labs Inc.Series A$12.9M$169.4M3.36×
Triumph Labs, Inc.Series A$12.1M$165.0M3.27×
Thred Technologies, Inc.Series A$14.9M$160.1M3.17×
MetaStreet Labs, Inc.Series A$26.2M$157.4M3.12×
Minnow Technologies, Inc. this companySeries A$11.1M$17.4M0.34×
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.
Pre-Seed$1.0M2018-01-19$5.6M$42.4M90%
Series A$6.6M2021-04-13$30.0M$133.1M90%
Series A$794K2022-11-07$3.6M$8.5M90%
Series A$2.7M2024-02-26$12.5M$17.4M90%
Pre-Seed$855K2024-02-26$4.8M$5.0M90%
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. Pre-Seed$1.0M2018-01-19
    • First recorded raise — entered as Pre-Seed.
    • 12 investors on this round.
  2. Series A$6.6M2021-04-13
    • Raised again after 39 mo — slower than the ~13 mo sector norm.
    • Round 6.6× larger than the prior — scaling up.
    • 42 investors on this round.
  3. Series A$794K2022-11-07
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 8.3× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Series A$2.7M2024-02-26
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 39 investors on this round.
  5. Pre-Seed$855K2024-02-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 39 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~18mo cadence
$855K
Modeled next size est.range $855K$1.4M
0.3×
Last step-up
$1.8M/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
Nitin Rai8 other2018-01
Bradley Palmer3 other2024-02
Jimmy Frischling2 other2022-11
Arik Levy1 other2022-11
Nitin L. Rai1 other2021-04
Robert Pflieger1 other2024-02
Andy Troxel2024-02
Christopher Stanvick2022-11
Chuck Thompson2022-11
Jonathan Belfort2024-02
Sean Zhong2022-11
STEVEN L SPERRY2021-04
Steven Sperry2018-01
Yona Belfort2022-11
Registry & provenance

Minnow Technologies, 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
1739902
SEC CIK
2021
Incorporated
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
Denim Software, Inc.Software / TechSeries A$11.1M$21.4Msame sector · same stage
Nammu Technologies, Inc.Software / TechSeries A$11.2M$14.5Msame sector · same stage
Alces Technology, Inc.Software / TechSeries A$11.0M$21.5Msame sector · same stage
Continuum Technologies, IncSoftware / TechSeries A$11.3M$22.1Msame sector · same stage
Liitto Technology, Inc.Software / TechSeries A$10.3M$19.4Msame sector · same stage
Brazen Technologies, Inc.Software / TechSeries A$12.1M$21.4Msame sector · same stage
Reset Technology CorpSoftware / TechSeries A$10.1M$14.6Msame sector · same stage
Horsepower Technologies Inc.Software / TechSeries A$12.4M$20.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Minnowtech LLCOther TechnologySeed$25.1M91%
ConverseNow Technologies, Inc.Software / TechSeries A$125.3M85%
Portage Technologies Inc.Software / TechSeries A$10.8M84%
Main Technologies, IncSoftware / TechSeed$10.5M83%
Weyland Tech, Inc.Software / TechSeries A$396.3M83%
Minut, Inc.Other TechnologySeries A$138.6M83%
Shoreline Software, Inc.Software / TechSeries B$584.1M83%
Caplight Technologies, Inc.Software / TechSeries A$36.0M83%
Frequently asked
How much funding has Minnow Technologies, Inc. raised?
Minnow Technologies, Inc. has raised approximately $11.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Minnow Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Minnow Technologies, Inc. is approximately $17.4M (modeled range $3.7M–$40.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Minnow Technologies, Inc. at?
Minnow Technologies, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Feb 26.
What does Minnow Technologies, Inc. do and where is it based?
Minnow Technologies, Inc. operates in the Software / Tech sector, based in SEATTLE.
Explore related

See where Minnow Technologies, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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