Companies · Manufacturing

Nextronex Inc.

TOLEDO · Manufacturing

Diligence memoA one-page analyst read on Nextronex Inc. — recommendation, valuation, rhythm, risks.
$2.4M
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 49%
Sector rank · raised
Seed
Latest stage · inferred · Fri May 15 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Nextronex Inc. looks under-valued 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 manufacturing sector profile.

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

Under-valued
  • Modeled value is 0.43× the median modeled value of Seed Manufacturing companies in 2013–2015 (130 peers) — value vs value, same stage and era.
Dormant
  • Last raise 11.1 yr ago; this sector typically re-raises about every 12 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 Manufacturing

Nextronex Inc. is one of 3256 Manufacturing companies tracked from TOLEDO. By capital raised it ranks mid-pack (ahead of 52% 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
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 · 2013-11-27 Raised $1.7M (real) Modeled valuation $21M (est)$1.7M$21MSeed2013Seed · 2015-05-15 Raised $750K (real) Modeled valuation $9.2M (est)$750K$9.2MSeed2015+$750KCumulative $2.4M

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$1.7M · 2013
Seed extension$750K · 2015

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$9.2M
Base estimate est.
$689K
Conservative case
$72.2M
Upside case
$3.8M
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 manufacturing sector profile. Directional, not a quoted figure.

Seed · modeled $20.6M · 2013-11-272013Seed · modeled $9.2M · 2015-05-152015
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
11.1 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$1.7M/yr
Capital velocity
12.6 yr
On record since
2013
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 1.2× above median
This company$2.4M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$750K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$9.2M
Sector median$12.0M

Raised more than 52% 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 #108 of 130.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)ABI Group LLC · Seed Raised $4.0M · modeled $49.1M (est)Stable Imaging Solutions LLC · Seed Raised $4.0M · modeled $48.9M (est)Genicon, Inc. · Seed Raised $3.9M · modeled $47.3M (est)Sfi Hold-Co Llc · Seed Raised $3.6M · modeled $44.8M (est)Global Precision Products, LLC · Seed Raised $3.6M · modeled $43.7M (est)Niche Acquisition Co LLC · Seed Raised $3.5M · modeled $42.9M (est)VIA Motors International, Inc. · Seed Raised $7.2M · modeled $42.9M (est)Design Specialties, Llc · Seed Raised $3.5M · modeled $42.7M (est)RuMe Inc. · Seed Raised $5.4M · modeled $41.7M (est)Interphase Corp · Seed Raised $3.3M · modeled $41.1M (est)Guerdon Enterprises Llc · Seed Raised $3.3M · modeled $40.9M (est)DuraMark Technologies Inc · Seed Raised $4.7M · modeled $39.9M (est)Nextronex Inc. (this company) Raised $2.4M · modeled $9.2M (est)Nextronex Inc.
CompanyStageRaised · realValue · estvs peer med.
ABI Group LLCSeed$4.0M$49.1M2.31×
Stable Imaging Solutions LLCSeed$4.0M$48.9M2.31×
Genicon, Inc.Seed$3.9M$47.3M2.23×
Sfi Hold-Co LlcSeed$3.6M$44.8M2.11×
Global Precision Products, LLCSeed$3.6M$43.7M2.06×
Niche Acquisition Co LLCSeed$3.5M$42.9M2.02×
VIA Motors International, Inc.Seed$7.2M$42.9M2.02×
Design Specialties, LlcSeed$3.5M$42.7M2.01×
RuMe Inc.Seed$5.4M$41.7M1.97×
Interphase CorpSeed$3.3M$41.1M1.94×
Guerdon Enterprises LlcSeed$3.3M$40.9M1.93×
DuraMark Technologies IncSeed$4.7M$39.9M1.88×
Nextronex Inc. this companySeed$2.4M$9.2M0.43×
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$1.7M2013-11-27$8.4M$20.6M90%
Seed$750K2015-05-15$3.8M$9.2M90%
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$1.7M2013-11-27
    • First recorded raise — entered as Seed.
  2. Seed$750K2015-05-15
    • Raised 18 mo later, in step with the ~12 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q4
Modeled next raise · ~18mo cadence
$750K
Modeled next size est.range $750K$1.2M
0.4×
Last step-up
$1.7M/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
Michael Foster7 other2013-11
Ashton Dillon2013-11
James Olzak2013-11
Jay Troger2013-11
John Amonett2013-11
Lou Trippel2015-05
Lou Tripple2013-11
Michael Dennis2013-11
Peter Gerhardinger2013-11
Phil Mintun2013-11
Stephen C. Troy2013-11
Stephen Troy2015-05
Registry & provenance

Nextronex 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
1593699
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
Looptworks, IncManufacturingSeed$2.4M$7.8Msame sector · same stage
Opti-Logic CorpManufacturingSeed$2.4M$11.0Msame sector · same stage
Nomadix, SPCManufacturingSeed$2.5M$8.3Msame sector · same stage
Blue Flag Distillery, LLCManufacturingSeed$2.5M$10.1Msame sector · same stage
Fabtek Investments LlcManufacturingSeed$2.5M$8.1Msame sector · same stage
Angel Aerial Systems, Inc.ManufacturingSeed$2.3M$10.1Msame sector · same stage
Arriba Foods, LLCManufacturingSeed$2.3M$9.5Msame sector · same stage
Cliff-Cartwright CorpManufacturingSeed$2.6M$10.1Msame sector · same stage
Frequently asked
How much funding has Nextronex Inc. raised?
Nextronex Inc. has raised approximately $2.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Nextronex Inc.'s estimated valuation?
Provath's modeled valuation for Nextronex Inc. is approximately $9.2M (modeled range $689K–$72.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nextronex Inc. at?
Nextronex Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri May 15.
What does Nextronex Inc. do and where is it based?
Nextronex Inc. operates in the Manufacturing sector, based in TOLEDO.
Explore related

See where Nextronex Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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