Diligence memo · auto-generated · as of July 2, 2026
MyArea Network, Inc
MyArea Network, Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
MyArea Network, Inc operates in Telecommunications, based in TAMPA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MyArea Network, Inc has raised $195K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $195K on 2017-09-29.
Most recent recorded round closed around 2017-09-29.
Valuation (modeled)modeled
Provath models MyArea Network, Inc at approximately $5.2M (range $126K–$59M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.55× the median modeled value of Pre-Seed Telecommunications companies in 2016–2018 (40 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 8.8 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 6% of Telecommunications peers (929 compared).
Modeled value ranks above 15% of those peers.
Closest niche peers: Imagination Unwired LLC, Virtual Network Communications Inc., Tap Resources, Inc., OneLink, LLC, CTH Partners, LLC.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.