Companies · Computers

MX3 Data Storage

NEW YORK · Computers

Diligence memoA one-page analyst read on MX3 Data Storage — recommendation, valuation, rhythm, risks.
$6.0M
Total raised · real
3
Rounds
15.7×
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Fri Nov 15 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

MX3 Data Storage looks over-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 software/compute sector profile.

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

Over-valued
  • Modeled value is 1.61× the median modeled value of Seed Computers companies in 2019–2021 (48 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.6 yr ago; this sector typically re-raises about every 12 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 Computers

MX3 Data Storage is one of 1371 Computers companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 73% 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
Rule 506(b)
Reg D exemption
10
Investors (latest)
2019
Year incorporated
2019-11-15
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$200MSeed · 2019-04-23 Raised $3.5M (real) Modeled valuation $143M (est)$3.5M$143MSeed2019Seed · 2019-10-29 Raised $150K (real) Modeled valuation $6.1M (est)$150K$6.1MSeed2019Seed · 2019-11-15 Raised $2.4M (real) Modeled valuation $96M (est)$2.4M$96MSeed2019+$150K+$2.4MCumulative $6.0M

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$3.5M · 2019
Seed extension$150K · 2019
Seed extension$2.4M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$95.9M
Base estimate est.
$2.1M
Conservative case
$752.3M
Upside case
$11.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Seed · modeled $142.8M · 2019-04-232019Seed · modeled $6.1M · 2019-10-29Seed · modeled $95.9M · 2019-11-152019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
6.0 yr
Elapsed time used
6.6 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$10.6M/yr
Capital velocity
7.2 yr
On record since
2019
First round
3
Rounds on file
How it compares to the market

Benchmarked against 1371 companies in Computers. 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) 3.2× above median
This company$6.0M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.4M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.9× above median
This company$95.9M
Sector median$33.0M

Raised more than 73% of sector peers (real $). Modeled value above 72% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #9 of 48.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)EmbTrak, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Yottabyte LLC · Seed Raised $6.0M · modeled $160.9M (est)Sigma IQ, Inc. · Seed Raised $3.5M · modeled $142.8M (est)Mission East Inc. · Seed Raised $3.2M · modeled $132.2M (est)MAGALIX Corp · Seed Raised $3.7M · modeled $130.7M (est)Oort Inc. · Seed Raised $3.5M · modeled $127.4M (est)Quantum Computing Inc. · Seed Raised $8.0M · modeled $107.5M (est)Project Lucy Inc. · Seed Raised $4.0M · modeled $103.7M (est)Allied Gaming North America Llc · Seed Raised $2.3M · modeled $93.8M (est)Trainiac, Inc. · Seed Raised $2.2M · modeled $91.2M (est)FrontierBPM, Inc. · Seed Raised $3.1M · modeled $89.8M (est)MX3 Data Storage (this company) Raised $6.0M · modeled $95.9M (est)MX3 Data Storage
CompanyStageRaised · realValue · estvs peer med.
EmbTrak, Inc.Seed$4.0M$163.2M2.74×
Yottabyte LLCSeed$6.0M$160.9M2.70×
Sigma IQ, Inc.Seed$3.5M$142.8M2.40×
Mission East Inc.Seed$3.2M$132.2M2.22×
MAGALIX CorpSeed$3.7M$130.7M2.19×
Oort Inc.Seed$3.5M$127.4M2.14×
Quantum Computing Inc.Seed$8.0M$107.5M1.80×
Project Lucy Inc.Seed$4.0M$103.7M1.74×
MX3 Data Storage this companySeed$6.0M$95.9M1.61×
Allied Gaming North America LlcSeed$2.3M$93.8M1.58×
Trainiac, Inc.Seed$2.2M$91.2M1.53×
FrontierBPM, Inc.Seed$3.1M$89.8M1.51×
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$3.5M2019-04-23$17.5M$142.8M90%
Seed$150K2019-10-29$750K$6.1M90%
Seed$2.4M2019-11-15$11.8M$95.9M90%
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$3.5M2019-04-23
    • First recorded raise — entered as Seed.
    • 22 investors on this round.
  2. Seed$150K2019-10-29
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round 23.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Seed$2.4M2019-11-15
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 15.7× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~3mo cadence
$7.0M
Modeled next size est.range $4.6M$11.3M
15.7×
Last step-up
$10.6M/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
Calvin Wong1 other2019-04
Alexander Heidt2019-04
Brian Short2019-04
Hsiao Chen2019-04
Registry & provenance

MX3 Data Storage 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
1800785
SEC CIK
2019
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
Certpoint Systems IncComputersSeed$5.9M$153.0Msame sector · same stage
wise.io, Inc.ComputersSeed$6.1M$144.9Msame sector · same stage
Speaktoit, Inc.ComputersSeed$5.8M$122.4Msame sector · same stage
CarrotHR IncComputersSeed$5.7M$52.1Msame sector · same stage
Graphika, IncComputersSeed$6.5M$40.8Msame sector · same stage
AF Security Holdings Corp.ComputersSeed$6.5M$81.6Msame sector · same stage
Invoke Solutions IncComputersSeed$5.5M$153.3Msame sector · same stage
Olono Inc.ComputersSeed$6.6M$122.9Msame 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
Resource Data, Inc.ComputersPre-Seed$9.1M74%
C3N Technologies, Inc.ComputersPre-Seed$2.6M74%
VoltDB, Inc.ComputersSeries A$25.1M74%
ApexQuantum, Inc.ComputersPre-Seed$1.0M73%
Third Street Data, Inc.ComputersSeed$114.9M73%
Metadata, Inc.ComputersSeries B$50.4M73%
Filebase, Inc.ComputersSeed$8.6M73%
Paraguay Computer Systems LLCComputersPre-Seed$4.9M73%
Frequently asked
How much funding has MX3 Data Storage raised?
MX3 Data Storage has raised approximately $6.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is MX3 Data Storage's estimated valuation?
Provath's modeled valuation for MX3 Data Storage is approximately $95.9M (modeled range $2.1M–$752.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MX3 Data Storage at?
MX3 Data Storage's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Nov 15.
What does MX3 Data Storage do and where is it based?
MX3 Data Storage operates in the Computers sector, based in NEW YORK.
Explore related

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