Diligence memo · auto-generated · as of July 3, 2026
Nearbuy Systems, Inc.
Nearbuy Systems, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Nearbuy Systems, Inc. operates in Computers, based in Redwood City.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nearbuy Systems, Inc. has raised $3.3M 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: $1.5M on 2012-01-24.
Most recent recorded round closed around 2012-11-20.
Valuation (modeled)modeled
Provath models Nearbuy Systems, Inc. at approximately $31M (range $675K–$240M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.48× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 13.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 62% of Computers peers (1371 compared).
Modeled value ranks above 49% of those peers.
Closest niche peers: Mykonos Software Inc, dynaTrace software, Inc., Netsol Technologies Inc, VM6 Software, Inc., Intrinsity Inc.
Peoplefiled
3 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.