Diligence memo · auto-generated · as of July 2, 2026
MX3 Data Storage
MX3 Data Storage looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
MX3 Data Storage operates in Computers, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MX3 Data Storage has raised $6.0M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.5M on 2019-04-23.
Most recent recorded round closed around 2019-11-15.
Valuation (modeled)modeled
Provath models MX3 Data Storage at approximately $96M (range $2.1M–$752M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 6.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 15.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 73% of Computers peers (1371 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: EmbTrak, Inc., Yottabyte LLC, Sigma IQ, Inc., Mission East Inc., MAGALIX Corp.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.