Diligence memo · auto-generated · as of July 2, 2026

Neon Studios Inc.

Neon Studios Inc. looks over-valued against its niche peers and is quiet on financing cadence.

WatchModeled above niche peers — entry today likely prices in growth not yet evidenced in the filings.

Businessfiled

Neon Studios Inc. operates in Media & Content, based in PHOENIX.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Neon Studios Inc. has raised $950K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $600K on 2024-01-31.

Most recent recorded round closed around 2025-01-23.

Valuation (modeled)modeled

Provath models Neon Studios Inc. at approximately $986K (range $210K–$2.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 1.74× the median modeled value of Pre-Seed Media & Content companies in 2025–2027 (39 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 12 months.

Last raise 17 mo ago; this sector typically re-raises about every 12 months.

Slightly overdue versus sector cadence.

The last round was 1.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 48% of Media & Content peers (1052 compared).

Modeled value ranks above 28% of those peers.

Closest niche peers: Breakaway Sports & Entertainment Holdings Group LLC, Underneath The Umbrella Productions LLC, Dap Media, Inc., Provincetown Outer Harbor Productions Ltd Liability Co, Salem Media Group, Inc. /De/.

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.