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

Nervana Systems, Inc.

Nervana Systems, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Nervana Systems, Inc. operates in Computers, based in SAN DIEGO.

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

Capital & rounds (filed)filed

Nervana Systems, Inc. has raised $24M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $21M on 2015-05-29.

Most recent recorded round closed around 2015-05-29.

Valuation (modeled)modeled

Provath models Nervana Systems, Inc. at approximately $748M (range $51M–$2.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.20× the median modeled value of Series B Computers companies in 2013–2015 (16 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 10 months.

Last raise 11.1 yr ago; this sector typically re-raises about every 12 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 5.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 90% of Computers peers (1371 compared).

Modeled value ranks above 95% of those peers.

Closest niche peers: InAuth,Inc., Diamond Topco Ltd, Seven Lakes Enterprises, Inc., Xi3, Inc., iTOK, Inc..

Peoplefiled

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

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

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