Companies · Business Services

nDivision Inc.

Irving · Business Services

Diligence memoA one-page analyst read on nDivision Inc. — recommendation, valuation, rhythm, risks.
$12.4M
Total raised · real
6
Rounds
0.2×
Latest step-up
Top 14%
Sector rank · raised
Series A
Latest stage · inferred · Thu Sep 24 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

nDivision 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 business services 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 0.41× the median modeled value of Series A Business Services companies in 2019–2021 (45 peers) — value vs value, same stage and era.
  • Issuer reports $5M–$25M revenue while modeled below niche peers.
Dormant
  • Last raise 5.8 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 Business Services

nDivision Inc. is one of 2438 Business Services companies tracked from Irving. By capital raised it ranks in the upper tier (ahead of 87% 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
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
4
Investors (latest)
2020-09-24
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$200MPre-Seed · 2015-07-01 Raised $100K (real) Modeled valuation $3.2M (est)Pre-Seed2015Series A · 2017-07-01 Raised $5.0M (real) Modeled valuation $103M (est)Series A2017Seed · 2017-07-01 Raised $1.4M (real) Modeled valuation $36M (est)Seed2017Series A · 2018-07-01 Raised $3.1M (real) Modeled valuation $65M (est)Series A2018Series A · 2019-07-01 Raised $500K (real) Modeled valuation $10M (est)Series A2019Series A · 2020-09-24 Raised $2.2M (real) Modeled valuation $43M (est)Series A2020Pre-Seed · 2020-09-24 Raised $500K (real) Modeled valuation $14M (est)Pre-Seed2020+$5.0M+$1.4M+$3.1M+$500K+$2.2M+$500KCumulative $13M

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
Pre-Seed$100K · 2015
Series A$5.0M · 2017no Seed on file
Bridge · Series A-stage$1.4M · 2017smaller follow-on
Series A extension$3.1M · 2018
Series A extension$500K · 2019
Series A extension$2.2M · 2020
Bridge · Series A-stage$500K · 2020smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$42.7M
Base estimate est.
$3.1M
Conservative case
$220.0M
Upside case
$10.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.2M · 2015-07-012015Series A · modeled $103.4M · 2017-07-01Seed · modeled $35.6M · 2017-07-01Series A · modeled $65.2M · 2018-07-01Series A · modeled $10.3M · 2019-07-01Series A · modeled $42.7M · 2020-09-24Pre-Seed · modeled $14.1M · 2020-09-242020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
56%
Survival probability
31% low · 77% high
1.42×/yr
Annual markup
1.78×/yr upside case
5.8 yr
Elapsed time used
5.8 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$2.4M/yr
Capital velocity
11.0 yr
On record since
2015
First round
7
Rounds on file
How it compares to the market

Benchmarked against 2438 companies in Business Services. 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) 8.5× above median
This company$12.4M
Sector median$1.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$500K
Sector median$5.2M
Modeled value — vs sector median (estimate, all stages) 2.8× above median
This company$42.7M
Sector median$15.1M

Raised more than 87% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #37 of 45.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Tracking Holdings, Inc. · Series A Raised $12.0M · modeled $248.2M (est)Sounding Board Labs, Inc. · Series A Raised $16.2M · modeled $232.0M (est)Bravely, Inc. · Series A Raised $18.0M · modeled $218.8M (est)Mars Center · Series A Raised $9.7M · modeled $201.2M (est)Post Pandemic Recovery. Inc. · Series A Raised $12.0M · modeled $197.3M (est)MotiveMetrics Inc. · Series A Raised $31.2M · modeled $179.0M (est)Taurus ESS Feeder LP · Series A Raised $10.6M · modeled $170.3M (est)TPEG Chief Investors LLC · Series A Raised $8.2M · modeled $169.3M (est)Kaskada Inc. · Series A Raised $9.8M · modeled $165.5M (est)2U Laundry, Inc. · Series A Raised $10.8M · modeled $163.3M (est)Club Five Hundred LLP · Series A Raised $10.0M · modeled $163.3M (est)Journeyfront, Inc. · Series A Raised $12.4M · modeled $157.1M (est)nDivision Inc. (this company) Raised $12.4M · modeled $42.7M (est)nDivision Inc.
CompanyStageRaised · realValue · estvs peer med.
Tracking Holdings, Inc.Series A$12.0M$248.2M2.40×
Sounding Board Labs, Inc.Series A$16.2M$232.0M2.24×
Bravely, Inc.Series A$18.0M$218.8M2.12×
Mars CenterSeries A$9.7M$201.2M1.95×
Post Pandemic Recovery. Inc.Series A$12.0M$197.3M1.91×
MotiveMetrics Inc.Series A$31.2M$179.0M1.73×
Taurus ESS Feeder LPSeries A$10.6M$170.3M1.65×
TPEG Chief Investors LLCSeries A$8.2M$169.3M1.64×
Kaskada Inc.Series A$9.8M$165.5M1.60×
2U Laundry, Inc.Series A$10.8M$163.3M1.58×
Club Five Hundred LLPSeries A$10.0M$163.3M1.58×
Journeyfront, Inc.Series A$12.4M$157.1M1.52×
nDivision Inc. this companySeries A$12.4M$42.7M0.41×
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.
Pre-Seed$100K2015-07-01$556K$3.2M85%
Series A$5.0M2017-07-01$22.7M$103.4M90%
Seed$1.4M2017-07-01$7.0M$35.6M90%
Series A$3.1M2018-07-01$14.3M$65.2M90%
Series A$500K2019-07-01$2.3M$10.3M90%
Series A$2.2M2020-09-24$10.2M$42.7M90%
Pre-Seed$500K2020-09-24$2.8M$14.1M90%
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. Pre-Seed$100K2015-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Series A$5.0M2017-07-01
    • Raised again after 24 mo — slower than the ~12 mo sector norm.
    • Round 50.0× larger than the prior — scaling up.
    • Revenue band moved No revenue → $1M–$5M.
  3. Seed$1.4M2017-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.6× smaller than the prior — bridge or down round.
    • Revenue band moved $1M–$5M → $5M–$25M.
  4. Series A$3.1M2018-07-01
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • Revenue band moved $5M–$25M → $0–$1M.
    • 12 investors on this round.
  5. Series A$500K2019-07-01
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 6.3× smaller than the prior — bridge or down round.
    • Revenue band moved $0–$1M → $1M–$5M.
  6. Series A$2.2M2020-09-24
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • Revenue band moved $1M–$5M → $5M–$25M.
    • 22 investors on this round.
  7. Pre-Seed$500K2020-09-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.5× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~10mo cadence
$500K
Modeled next size est.range $500K$800K
0.2×
Last step-up
$2.4M/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
Andrew Norstrud3 other2019-07
Alan Hixon2017-07
Brad Keith Wiggins2020-09
Brad R Wiggins2019-07
Brad Wiggins2017-07
John Scavo2015-07
Justin Roby2017-07
Justin R Roby2019-07
Lane Keith Sorgen2020-09
Laurence P King2019-07
Laurence R King2020-09
Michael P Beavers2019-07
Michael R Beavers2020-09
Mike Beavers2017-07
Philip Keith Morrow2019-07
Sean A McIlrath2019-07
Sean R McIlrath2020-09
Tom Toth2015-07
Registry & provenance

nDivision 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
1659183
SEC CIK
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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.

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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
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Retail Visions, Inc.Business ServicesSeries A$14.4M82%
Northsight Capital, Inc.Business ServicesSeries A$4.7M81%
NovaVision Holdings, LLCOtherSeries B$373.9M78%
ODP CorpBusiness ServicesSeries B$497.2M77%
Eversight, Inc.Business ServicesSeries A$20.7M77%
Prodigo Solutions, Inc.Business ServicesSeries A$29.5M76%
ClearGov Inc.Business ServicesSeries B$30.4M76%
Frequently asked
How much funding has nDivision Inc. raised?
nDivision Inc. has raised approximately $12.4M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is nDivision Inc.'s estimated valuation?
Provath's modeled valuation for nDivision Inc. is approximately $42.7M (modeled range $3.1M–$220.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is nDivision Inc. at?
nDivision Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Sep 24.
What does nDivision Inc. do and where is it based?
nDivision Inc. operates in the Business Services sector, based in Irving.
Explore related

See where nDivision 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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