Companies · Software / Tech

Mullen Technologies, Inc.

Brea · Software / Tech · refined from filed group “Other Technology · https://mullencommercial.com/contact-us

Diligence memoA one-page analyst read on Mullen Technologies, Inc. — recommendation, valuation, rhythm, risks.
$505.6M
Total raised · real
4
Rounds
0.0×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Jan 07 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Mullen Technologies, 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 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 0.00× the median modeled value of Growth/Late Software / Tech companies in 2019–2021 (5 peers) — value vs value, same stage and era.
  • Issuer reports $5M–$25M revenue while modeled below niche peers.
Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Mullen Technologies, Inc. is one of 3920 Software / Tech companies tracked from Brea. By capital raised it ranks among the largest (ahead of 100% 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.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

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Find Contact Us online

Trades publicly as Contact Us.

As reported in public records reported — not modeled.

US
Jurisdiction
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
4
Investors (latest)
2021-01-07
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$5.0B$10.0B$15.0B$20.0BSeed · 2014-08-26 Raised $1.1M (real) Modeled valuation $36M (est)Seed2014Seed · 2014-08-26 Raised $1.1M (real) Modeled valuation $36M (est)Seed2014Seed · 2014-08-26 Raised $3.1M (real) Modeled valuation $105M (est)Seed2014Seed · 2014-08-26 Raised $1.1M (real) Modeled valuation $36M (est)Seed2014Seed · 2015-08-15 Raised $2.0M (real) Modeled valuation $68M (est)Seed2015Growth/Late · 2017-07-01 Raised $500M (real) Modeled valuation $16.3B (est)Growth/Late2017Growth/Late · 2017-07-01 Raised $500M (real) Modeled valuation $16.3B (est)Growth/Late2017Growth/Late · 2021-01-07 Raised $525K (real) Modeled valuation $15M (est)Growth/Late2021+$1.1M+$3.1M+$1.1M+$2.0M+$500M+$500M+$525KCumulative $1.0B

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$1.1M · 2014
Seed extension$1.1M · 2014
Seed extension$3.1M · 2014
Seed extension$1.1M · 2014
Seed extension$2.0M · 2015
Growth/Late$500.0M · 2017no Series A / Series B / Series C / Series D+ on file
Growth/Late extension$500.0M · 2017
Growth/Late extension$525K · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 29%.

Modeled valuation trajectory
$15.3M
Base estimate est.
$4.0M
Conservative case
$26.3M
Upside case
$5.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $36.3M · 2014-08-262014Seed · modeled $36.3M · 2014-08-26Seed · modeled $104.8M · 2014-08-26Seed · modeled $36.3M · 2014-08-26Seed · modeled $68.2M · 2015-08-15Growth/Late · modeled $16.3B · 2017-07-01Growth/Late · modeled $16.3B · 2017-07-01Growth/Late · modeled $15.3M · 2021-01-072021
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
88%
Survival probability
76% low · 95% high
1.24×/yr
Annual markup
1.35×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$79.4M/yr
Capital velocity
11.8 yr
On record since
2014
First round
8
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) 110× above median
This company$505.6M
Sector median$4.6M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$525K
Sector median$75.0M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$15.3M
Sector median$36.6M

Raised more than 100% of sector peers (real $). Modeled value above 34% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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 #5 of 5.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Digital World Acquisition Corp. · Growth/Late Raised $1.0B · modeled $23.9B (est)REEF Technology Inc. · Growth/Late Raised $766.5M · modeled $23.2B (est)Palantir Technologies Inc. · Growth/Late Raised $2.5B · modeled $17.9B (est)PAX Labs, Inc. · Growth/Late Raised $445.7M · modeled $14.5B (est)Mullen Technologies, Inc. (this company) Raised $505.6M · modeled $15.3M (est)Mullen Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Digital World Acquisition Corp.Growth/Late$1.0B$23.9B1.33×
REEF Technology Inc.Growth/Late$766.5M$23.2B1.30×
Palantir Technologies Inc.Growth/Late$2.5B$17.9B1.00×
PAX Labs, Inc.Growth/Late$445.7M$14.5B0.81×
Mullen Technologies, Inc. this companyGrowth/Late$505.6M$15.3M0.00×
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$1.1M2014-08-26$5.3M$36.3M85%
Seed$1.1M2014-08-26$5.3M$36.3M85%
Seed$3.1M2014-08-26$15.4M$104.8M85%
Seed$1.1M2014-08-26$5.3M$36.3M85%
Seed$2.0M2015-08-15$10.0M$68.2M90%
Growth/Late$500.0M2017-07-01$5.0B$16.3B90%
Growth/Late$500.0M2017-07-01$5.0B$16.3B90%
Growth/Late$525K2021-01-07$5.3M$15.3M90%
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. Seed$1.1M2014-08-26
    • First recorded raise — entered as Seed.
    • 59 investors on this round.
  2. Seed$1.1M2014-08-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 59 investors on this round.
  3. Seed$3.1M2014-08-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× larger than the prior — scaling up.
    • 103 investors on this round.
  4. Seed$1.1M2014-08-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× smaller than the prior — bridge or down round.
    • 59 investors on this round.
  5. Seed$2.0M2015-08-15
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $1M–$5M.
    • 103 investors on this round.
  6. Growth/Late$500.0M2017-07-01
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 249.7× larger than the prior — scaling up.
    • Revenue band moved $1M–$5M → $5M–$25M.
  7. Growth/Late$500.0M2017-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  8. Growth/Late$525K2021-01-07
    • Raised again after 42 mo — slower than the ~13 mo sector norm.
    • Round 952.4× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2021 ~Q4
Modeled next raise · ~11mo cadence
$525K
Modeled next size est.range $525K$840K
0.0×
Last step-up
$79.4M/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 Moore11 other2017-07
David Michery1 other2014-08
Frank McMahon1 other2017-07
Kent Puckett1 other2014-08
Mark Betor1 other2021-01
Mary Winter1 other2015-08
Alicia Winter2021-01
Jennifer Kokos2017-07
Jerry Alban2021-01
Kevin Konecky2017-07
Paul Richie2017-07
Richard Curtis2014-08
Shawn Hughes2021-01
Sherman Adams2017-07
Registry & provenance

Mullen 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
1647236
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
Mullen Automotive Inc.ManufacturingSeries D+$181.7M$1.3Bnetwork4 shared operators
reAlpha Tech Corp.Software / TechGrowth/Late$413.5M$13.6Msame sector · same stage
Nautilus Data Technologies, Inc.Software / TechSeries C$197.7M$15.4Msame sector
Benchmark Space Systems, Inc.Software / TechSeries B$72.3M$12.9Msame sector
SKYX Platforms Corp.Software / TechSeries A$70.2M$11.9Msame sector
PostProcess Technologies, Inc.Software / TechSeries B$62.8M$13.3Msame sector
Ralco Holdings, Inc.OtherSeries C$154.7M$1.7Bnetwork1 shared operator
Duos Technologies Group, Inc.Software / TechSeries A$40.3M$11.8Msame sector
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
Muy Tech, Inc.Software / TechSeries A$114.7M73%
Welcome Technology CorpSoftware / TechSeed$6.6M73%
Austin Software, Inc.Software / TechSeries A$51.3M73%
Mura Technologies, Inc.Software / TechSeries A$27.6M73%
Muze Inc.Other TechnologyPre-Seed$6.4M73%
Welcome Tech, IncSoftware / TechSeries B$805.8M73%
Super Software Inc.Software / TechSeries A$94.1M73%
Syrup Tech Inc.Software / TechSeries A$92.7M72%
Frequently asked
How much funding has Mullen Technologies, Inc. raised?
Mullen Technologies, Inc. has raised approximately $505.6M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Mullen Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Mullen Technologies, Inc. is approximately $15.3M (modeled range $4.0M–$26.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Mullen Technologies, Inc. at?
Mullen Technologies, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Jan 07.
What does Mullen Technologies, Inc. do and where is it based?
Mullen Technologies, Inc. operates in the Software / Tech sector, based in Brea. Thank you for visiting Mullen Commercial! We are happy to answer any questions you may have, just drop us a message, and we will get back to you at the earliest possible.
Explore related

See where Mullen 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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