Diligence memo · auto-generated · as of July 2, 2026
Nexgrid, Llc
Nexgrid, Llc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Nexgrid, Llc operates in Telecommunications, based in LOCUST GROVE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nexgrid, Llc has raised $2.2M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $900K on 2010-05-18.
Most recent recorded round closed around 2013-10-29.
Valuation (modeled)modeled
Provath models Nexgrid, Llc at approximately $7.4M (range $178K–$83M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.68× the median modeled value of Pre-Seed Telecommunications companies in 2013–2015 (59 peers) — value vs value, same stage and era. Within the normal band (68% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 12.7 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 41% of Telecommunications peers (929 compared).
Modeled value ranks above 21% of those peers.
Closest niche peers: Altigen Communications Inc, Tecsport Games, Inc., Idis Technologies Investments, Ltd, Blue Skies Networks, LLC, Semotus, Inc..
Peoplefiled
9 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.