Companies · Software / Tech

Non-fungible Technologies, Inc.

San Francisco · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on Non-fungible Technologies, Inc. — recommendation, valuation, rhythm, risks.
$17.1M
Total raised · real
2
Rounds
5.2×
Latest step-up
Top 24%
Sector rank · raised
Series A
Latest stage · inferred · Fri Dec 03 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Non-fungible Technologies, Inc. looks over-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 technology sector profile.

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

Over-valued
  • Modeled value is 1.65× the median modeled value of Series A Software / Tech companies in 2019–2021 (278 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.6 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Non-fungible Technologies, Inc. is one of 3920 Software / Tech companies tracked from San Francisco. By capital raised it ranks in the upper tier (ahead of 77% of sector peers), and in the upper tier 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
42
Investors (latest)
2021
Year incorporated
2021-12-03
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$125M$250M$375M$500MSeed · 2021-04-16 Raised $2.7M (real) Modeled valuation $64M (est)$2.7M$64MSeed2021Series A · 2021-12-03 Raised $14M (real) Modeled valuation $224M (est)$14M$224MSeries A2021+$14MCumulative $17M

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$2.7M · 2021
Series A$14.4M · 2021

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: 67%.

Modeled valuation trajectory
$224.0M
Base estimate est.
$19.2M
Conservative case
$877.5M
Upside case
$65.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $64.2M · 2021-04-162021Series A · modeled $224.0M · 2021-12-032021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
4.6 yr
Elapsed time used
4.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$27.0M/yr
Capital velocity
5.2 yr
On record since
2021
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 3.7× above median
This company$17.1M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.6× above median
This company$14.4M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 6.1× above median
This company$224.0M
Sector median$36.6M

Raised more than 77% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #58 of 278.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Digital Hands, LLC · Series A Raised $15.0M · modeled $416.1M (est)Ophelius Labs Inc · Series A Raised $15.0M · modeled $416.1M (est)StreetLight Data Inc. · Series A Raised $40.5M · modeled $416.1M (est)Unlimited Labs Inc. · Series A Raised $23.9M · modeled $416.1M (est)Numerated Growth Technologies, Inc. · Series A Raised $27.5M · modeled $416.1M (est)Carevive Systems, Inc. · Series A Raised $22.2M · modeled $414.9M (est)Lyra Technologies, Inc. · Series A Raised $19.5M · modeled $414.5M (est)Panther Labs Inc. · Series A Raised $20.4M · modeled $405.9M (est)Ascent Technologies, Inc. · Series A Raised $22.1M · modeled $405.0M (est)Weyland Tech, Inc. · Series A Raised $15.3M · modeled $396.3M (est)Transparent Financial Systems, Inc. · Series A Raised $14.2M · modeled $393.9M (est)Racktop Systems, Inc. · Series A Raised $14.9M · modeled $385.3M (est)Non-fungible Technologies, Inc. (this company) Raised $17.1M · modeled $224.0M (est)Non-fungible Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Digital Hands, LLCSeries A$15.0M$416.1M3.06×
Ophelius Labs IncSeries A$15.0M$416.1M3.06×
StreetLight Data Inc.Series A$40.5M$416.1M3.06×
Unlimited Labs Inc.Series A$23.9M$416.1M3.06×
Numerated Growth Technologies, Inc.Series A$27.5M$416.1M3.06×
Carevive Systems, Inc.Series A$22.2M$414.9M3.05×
Lyra Technologies, Inc.Series A$19.5M$414.5M3.04×
Panther Labs Inc.Series A$20.4M$405.9M2.98×
Ascent Technologies, Inc.Series A$22.1M$405.0M2.97×
Weyland Tech, Inc.Series A$15.3M$396.3M2.91×
Transparent Financial Systems, Inc.Series A$14.2M$393.9M2.89×
Racktop Systems, Inc.Series A$14.9M$385.3M2.83×
Non-fungible Technologies, Inc. this companySeries A$17.1M$224.0M1.65×
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$2.7M2021-04-16$13.7M$64.2M90%
Series A$14.4M2021-12-03$65.2M$224.0M90%
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$2.7M2021-04-16
    • First recorded raise — entered as Seed.
    • 25 investors on this round.
  2. Series A$14.4M2021-12-03
    • Came back fast: 8 mo vs the ~13 mo sector norm.
    • Round 5.2× larger than the prior — scaling up.
    • 42 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~8mo cadence
$43.1M
Modeled next size est.range $28.0M$68.9M
5.2×
Last step-up
$27.0M/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
Gabriel Frank2021-04
Robert Masiello2021-04
Registry & provenance

Non-fungible Technologies, 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
1859320
SEC CIK
2021
Incorporated
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.

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NOHMs Technologies, Inc.Software / TechSeries A$18.0M$173.4Msame sector · same stage
Kevala Technologies, Inc.Software / TechSeries A$16.1M$226.2Msame sector · same stage
Peach Labs, Inc.Software / TechSeries A$18.3M$141.3Msame 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
Nona Technologies, Inc.Software / TechSeed$6.1M90%
Unlisted Software, Inc.Software / TechSeed$13.0M86%
Noa Technologies Inc.Software / TechSeries A$28.9M84%
Collectable Technologies, Inc.Software / TechSeries A$106.9M84%
Official Technologies, Inc.Software / TechSeed$7.8M83%
Notus Labs, Inc.Software / TechPre-Seed$680K83%
Unstructured Technologies, Inc.Software / TechSeries C$450.3M83%
Alternative Platform LLCSoftware / TechSeries D+$7.9B82%
Frequently asked
How much funding has Non-fungible Technologies, Inc. raised?
Non-fungible Technologies, Inc. has raised approximately $17.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Non-fungible Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Non-fungible Technologies, Inc. is approximately $224.0M (modeled range $19.2M–$877.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Non-fungible Technologies, Inc. at?
Non-fungible Technologies, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Dec 03.
What does Non-fungible Technologies, Inc. do and where is it based?
Non-fungible Technologies, Inc. operates in the Software / Tech sector, based in San Francisco.
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