Companies · Computers

N-Trig Inc

AUSTIN · Computers

Diligence memoA one-page analyst read on N-Trig Inc — recommendation, valuation, rhythm, risks.
$47.0M
Total raised · real
4
Rounds
0.4×
Latest step-up
Top 7%
Sector rank · raised
Series B
Latest stage · inferred · Wed Sep 25 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

N-Trig 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 software/compute 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 0.48× the median modeled value of Series B Computers companies in 2013–2015 (16 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.8 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

N-Trig Inc is one of 1370 Computers companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 94% 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
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$250M$500M$750M$1.0BSeries B · 2011-06-27 Raised $16M (real) Modeled valuation $591M (est)$16M$591MSeries B2011Series B · 2012-02-23 Raised $15M (real) Modeled valuation $542M (est)$15M$542MSeries B2012Series B · 2013-01-14 Raised $11M (real) Modeled valuation $415M (est)$11M$415MSeries B2013Series B · 2013-09-25 Raised $4.5M (real) Modeled valuation $164M (est)$4.5M$164MSeries B2013+$15M+$11M+$4.5MCumulative $47M

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
Series B$16.2M · 2011
Series B extension$14.9M · 2012
Series B extension$11.4M · 2013
Series B extension$4.5M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$164.1M
Base estimate est.
$11.3M
Conservative case
$631.6M
Upside case
$25.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Series B · modeled $590.7M · 2011-06-272011Series B · modeled $542.4M · 2012-02-23Series B · modeled $415.5M · 2013-01-14Series B · modeled $164.1M · 2013-09-252013
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.46×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
12.8 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$20.9M/yr
Capital velocity
15.0 yr
On record since
2011
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1370 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) 25× above median
This company$47.0M
Sector median$1.9M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.2× of median
This company$4.5M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 5.0× above median
This company$164.1M
Sector median$33.0M

Raised more than 94% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #11 of 16.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)InAuth,Inc. · Series B Raised $53.4M · modeled $1.1B (est)Diamond Topco Ltd · Series B Raised $27.9M · modeled $1.0B (est)Nervana Systems, Inc. · Series B Raised $24.4M · modeled $748.0M (est)Seven Lakes Enterprises, Inc. · Series B Raised $20.0M · modeled $729.4M (est)Xi3, Inc. · Series B Raised $29.6M · modeled $692.9M (est)iTOK, Inc. · Series B Raised $17.8M · modeled $647.8M (est)Ocz Technology Group Inc · Series B Raised $82.3M · modeled $477.7M (est)VIRTUAL INSTRUMENTS Corp · Series B Raised $87.1M · modeled $386.9M (est)AppNeta, Inc. · Series B Raised $23.8M · modeled $291.8M (est)Nuventix Inc · Series B Raised $46.9M · modeled $182.3M (est)Dialogic Inc. · Series B Raised $61.0M · modeled $127.3M (est)N-Trig Inc (this company) Raised $47.0M · modeled $164.1M (est)N-Trig Inc
CompanyStageRaised · realValue · estvs peer med.
InAuth,Inc.Series B$53.4M$1.1B3.22×
Diamond Topco LtdSeries B$27.9M$1.0B3.00×
Nervana Systems, Inc.Series B$24.4M$748.0M2.20×
Seven Lakes Enterprises, Inc.Series B$20.0M$729.4M2.15×
Xi3, Inc.Series B$29.6M$692.9M2.04×
iTOK, Inc.Series B$17.8M$647.8M1.91×
Ocz Technology Group IncSeries B$82.3M$477.7M1.41×
VIRTUAL INSTRUMENTS CorpSeries B$87.1M$386.9M1.14×
AppNeta, Inc.Series B$23.8M$291.8M0.86×
Nuventix IncSeries B$46.9M$182.3M0.54×
N-Trig Inc this companySeries B$47.0M$164.1M0.48×
Dialogic Inc.Series B$61.0M$127.3M0.38×
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.
Series B$16.2M2011-06-27$90.0M$590.7M90%
Series B$14.9M2012-02-23$82.6M$542.4M90%
Series B$11.4M2013-01-14$63.3M$415.5M90%
Series B$4.5M2013-09-25$25.0M$164.1M90%
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. Series B$16.2M2011-06-27
    • First recorded raise — entered as Series B.
  2. Series B$14.9M2012-02-23
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
  3. Series B$11.4M2013-01-14
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
  4. Series B$4.5M2013-09-25
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q2
Modeled next raise · ~9mo cadence
$4.5M
Modeled next size est.range $4.5M$7.2M
0.4×
Last step-up
$20.9M/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
Don Kirby1 other2011-06
AMIHAI BEN DAVID2011-06
Amihal Ben David2013-01
Benjamin Kahn2011-06
Boaz Barzik Dinte2011-06
Boaz Dinte2012-02
Dan Inbar2013-09
Eilat Baras2013-09
Eyal Leibovitz2012-02
Hanan Barzik Miron2011-06
HANAN MIRON2012-02
Izhar Barzik Shay2011-06
Izhar Shay2012-02
Nili Lesnik2013-09
Nill Lesnik2013-01
Ravi Barzik Shapira2011-06
Ravi Shapira2012-02
Rick Barzik Seger2011-06
Rick Seger2012-02
Sharon Barzik Cohen2011-06
Yodfat Harel2011-06
Yodfat Harel Buchris2012-02
Registry & provenance

N-Trig 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
1372536
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
Nuventix IncComputersSeries B$46.9M$182.3Msame sector · same stage
CommuniCare Technology, Inc.ComputersSeries B$46.6M$94.5Msame sector · same stage
Convey Computer CorpComputersSeries B$42.6M$109.4Msame sector · same stage
SJ Medconnect, Inc.ComputersSeries B$38.7M$221.4Msame sector · same stage
Ashby, Inc.ComputersSeries B$58.0M$252.7Msame sector · same stage
Picochip IncComputersSeries B$59.5M$182.3Msame sector · same stage
Dialogic Inc.ComputersSeries B$61.0M$127.3Msame sector · same stage
Comprehend Systems, Inc.ComputersSeries B$64.2M$182.3Msame sector · same stage
Frequently asked
How much funding has N-Trig Inc raised?
N-Trig Inc has raised approximately $47.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is N-Trig Inc's estimated valuation?
Provath's modeled valuation for N-Trig Inc is approximately $164.1M (modeled range $11.3M–$631.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is N-Trig Inc at?
N-Trig Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Sep 25.
What does N-Trig Inc do and where is it based?
N-Trig Inc operates in the Computers sector, based in AUSTIN.
Explore related

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