Companies · Telecommunications

Network Integrity Systems Inc

Hickory · Telecommunications

Diligence memoA one-page analyst read on Network Integrity Systems Inc — recommendation, valuation, rhythm, risks.
$3.1M
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 55%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 30 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Network Integrity Systems Inc looks fair 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 telecom sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.73× the median modeled value of Seed Telecommunications companies in 2013–2015 (37 peers) — value vs value, same stage and era.
  • Within the normal band (73% of peer median) for its niche.
Dormant
  • Last raise 11.0 yr ago; this sector typically re-raises about every 10 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 Telecommunications

Network Integrity Systems Inc is one of 929 Telecommunications companies tracked from Hickory. By capital raised it ranks mid-pack (ahead of 46% of sector peers), and mid-pack 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
Rule 506(b)
Reg D exemption
4
Investors (latest)
2015-06-30
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$13M$25M$38M$50MSeed · 2013-07-01 Raised $2.0M (real) Modeled valuation $43M (est)$2.0M$43MSeed2013Seed · 2015-06-30 Raised $1.1M (real) Modeled valuation $24M (est)$1.1M$24MSeed2015Pre-Seed · 2015-06-30 Raised $500K (real) Modeled valuation $13M (est)$500K$13MPre-Seed2015+$1.1M+$500KCumulative $3.6M

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
Seed$2.0M · 2013
Seed extension$1.1M · 2015
Bridge · Seed-stage$500K · 2015smaller 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
$24.3M
Base estimate est.
$986K
Conservative case
$190.9M
Upside case
$5.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Seed · modeled $43.1M · 2013-07-012013Seed · modeled $24.3M · 2015-06-30Pre-Seed · modeled $13.4M · 2015-06-302015
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 60% high
1.49×/yr
Annual markup
1.96×/yr upside case
6.0 yr
Elapsed time used
11.0 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$1.6M/yr
Capital velocity
13.0 yr
On record since
2013
First round
3
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 0.8× of median
This company$3.1M
Sector median$4.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$500K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$24.3M
Sector median$28.3M

Raised more than 46% of sector peers (real $). Modeled value above 45% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #27 of 37.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Epa Endeavors, Llc · Seed Raised $3.7M · modeled $79.7M (est)LTS Rollover Blocker LLC · Seed Raised $3.5M · modeled $75.6M (est)Q Factor Communications Corp · Seed Raised $4.3M · modeled $72.0M (est)UVNV, Inc. · Seed Raised $3.2M · modeled $70.0M (est)Shared Spectrum Co · Seed Raised $3.0M · modeled $64.6M (est)Dynis LLC · Seed Raised $3.0M · modeled $64.6M (est)Hammer Fiber Optic Investments Ltd. · Seed Raised $3.0M · modeled $63.5M (est)Snaptracs, Inc. · Seed Raised $5.4M · modeled $62.4M (est)Comarco Inc · Seed Raised $5.5M · modeled $54.7M (est)TECHNOCOM Corp · Seed Raised $2.3M · modeled $49.2M (est)Mobile Search Security LLC · Seed Raised $9.2M · modeled $44.1M (est)Eckoh PLC · Seed Raised $1.9M · modeled $41.9M (est)Network Integrity Systems Inc (this company) Raised $3.1M · modeled $24.3M (est)Network Integrity Systems Inc
CompanyStageRaised · realValue · estvs peer med.
Epa Endeavors, LlcSeed$3.7M$79.7M2.39×
LTS Rollover Blocker LLCSeed$3.5M$75.6M2.26×
Q Factor Communications CorpSeed$4.3M$72.0M2.16×
UVNV, Inc.Seed$3.2M$70.0M2.10×
Shared Spectrum CoSeed$3.0M$64.6M1.94×
Dynis LLCSeed$3.0M$64.6M1.94×
Hammer Fiber Optic Investments Ltd.Seed$3.0M$63.5M1.90×
Snaptracs, Inc.Seed$5.4M$62.4M1.87×
Comarco IncSeed$5.5M$54.7M1.64×
TECHNOCOM CorpSeed$2.3M$49.2M1.48×
Mobile Search Security LLCSeed$9.2M$44.1M1.32×
Eckoh PLCSeed$1.9M$41.9M1.26×
Network Integrity Systems Inc this companySeed$3.1M$24.3M0.73×
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.
Seed$2.0M2013-07-01$10.0M$43.1M85%
Seed$1.1M2015-06-30$5.7M$24.3M90%
Pre-Seed$500K2015-06-30$2.8M$13.4M85%
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. Seed$2.0M2013-07-01
    • First recorded raise — entered as Seed.
  2. Seed$1.1M2015-06-30
    • Raised again after 24 mo — slower than the ~10 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 14 investors on this round.
  3. Pre-Seed$500K2015-06-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2016 ~Q2
Modeled next raise · ~12mo cadence
$500K
Modeled next size est.range $500K$800K
0.4×
Last step-up
$1.6M/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
David Vokey2013-07
Joseph Giovannini2013-07
Ken Sontag2013-07
Registry & provenance

Network Integrity Systems 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
1404419
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
FreeFall 5G, Inc.TelecommunicationsSeed$3.1M$8.2Msame sector · same stage
Validus DC Systems, LLCTelecommunicationsSeed$3.1M$34.6Msame sector · same stage
GUGLI CorpTelecommunicationsSeed$3.2M$10.2Msame sector · same stage
Digital Reef, Inc.TelecommunicationsSeed$3.2M$16.3Msame sector · same stage
GeaCom, Inc.TelecommunicationsSeed$3.2M$23.3Msame sector · same stage
Vistar Media Inc.TelecommunicationsSeed$3.1M$28.5Msame sector · same stage
Plexuss, Inc.TelecommunicationsSeed$3.1M$33.4Msame sector · same stage
Addvantage Technologies Group IncTelecommunicationsSeed$3.0M$21.3Msame sector · same stage
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
Certified Cell, Inc.TelecommunicationsPre-Seed$5.3M84%
Critical Telephone Applications, IncTelecommunicationsPre-Seed$2.7M84%
Virtual Network Communications Inc.TelecommunicationsPre-Seed$26.8M84%
WireSurfer, Inc.TelecommunicationsPre-Seed$674K84%
Airfide Networks, Inc.TelecommunicationsPre-Seed$4.0M83%
Adaptive Spectrum & Signal Alignment IncTelecommunicationsSeries B$215.1M83%
Infrastructure Networks, Inc.TelecommunicationsSeries B$533.3M83%
Goodman Telecom Holdings, LLCTelecommunicationsSeries B$307.9M82%
Frequently asked
How much funding has Network Integrity Systems Inc raised?
Network Integrity Systems Inc has raised approximately $3.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Network Integrity Systems Inc's estimated valuation?
Provath's modeled valuation for Network Integrity Systems Inc is approximately $24.3M (modeled range $986K–$190.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Network Integrity Systems Inc at?
Network Integrity Systems Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 30.
What does Network Integrity Systems Inc do and where is it based?
Network Integrity Systems Inc operates in the Telecommunications sector, based in Hickory.
Explore related

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