Companies · Proptech / Real Estate

North Waterford Apartments

WALNUT CREEK · Proptech / Real Estate · refined from filed group “Other

Diligence memoA one-page analyst read on North Waterford Apartments — recommendation, valuation, rhythm, risks.
$47.9M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Jan 05 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

North Waterford Apartments has raised $48M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the proptech sector profile.

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

At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Proptech / Real Estate

North Waterford Apartments is one of 395 Proptech / Real Estate companies tracked from WALNUT CREEK. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
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$500MSeries C · 2023-12-07 Raised $48M (real) Modeled valuation $322M (est)$48M$322MSeries C2023Series C · 2024-01-05 Raised $48M (real) Modeled valuation $319M (est)$48M$319MSeries C2024+$48MCumulative $96M

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
Series C$47.9M · 2023
Series C extension$47.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$318.9M
Base estimate est.
$177.9M
Conservative case
$518.2M
Upside case
$319.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the proptech sector profile. Directional, not a quoted figure.

Series C · modeled $321.8M · 2023-12-072023Series C · modeled $318.9M · 2024-01-052024
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
75%
Survival probability
56% low · 86% high
1.12×/yr
Annual markup
1.29×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
proptech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
2.6 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 395 companies in Proptech / Real Estate. 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) 17× above median
This company$47.9M
Sector median$2.8M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.8× of median
This company$47.9M
Sector median$62.0M
Modeled value — vs sector median (estimate, all stages) 23× above median
This company$318.9M
Sector median$13.8M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Mangrove Estate & Garden LLC · Series C Raised $100.0M · modeled $690.2M (est)Guesty, Inc. · Series C Raised $166.8M · modeled $483.0M (est)North Waterford Apartments (this company) Raised $47.9M · modeled $318.9M (est)North Waterford Apartments
CompanyStageRaised · realValue · estvs peer med.
Mangrove Estate & Garden LLCSeries C$100.0M$690.2M1.43×
Guesty, Inc.Series C$166.8M$483.0M1.00×
North Waterford Apartments this companySeries C$47.9M$318.9M0.66×
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.
Series C$47.9M2023-12-07$319.5M$321.8M90%
Series C$47.9M2024-01-05$319.5M$318.9M90%
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. Series C$47.9M2023-12-07
    • First recorded raise — entered as Series C.
  2. Series C$47.9M2024-01-05
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2024 ~Q1
Modeled next raise · ~1mo cadence
$47.9M
Modeled next size est.range $47.9M$76.7M
1.0×
Last step-up
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
Roger Ken Coit3 other2023-12
Patrick L Reilly1 other2023-12
Registry & provenance

North Waterford Apartments 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
927409
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
Discovery Property Co LLCProptech / Real EstateSeries C$41.0M$409.2Msame sector · same stage
Ribbon Home, Inc.Proptech / Real EstateSeries C$79.4M$667.5Msame sector · same stage
Medically Home Group, Inc.Proptech / Real EstateSeries C$87.3M$389.3Msame sector · same stage
Estate Of Hazine Chermon CheryProptech / Real EstateSeries C$100.0M$998.1Msame sector · same stage
Estate Of Jerry Wayne Thomas Jr TrustProptech / Real EstateSeries C$100.0M$877.7Msame sector · same stage
Mangrove Estate & Garden LLCProptech / Real EstateSeries C$100.0M$690.2Msame sector · same stage
Feather Home IncProptech / Real EstateSeries B$46.3M$291.1Msame sector
Guesty, Inc.Proptech / Real EstateSeries C$166.8M$483.0Msame 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
Fountains Apartments, Ltd.Proptech / Real EstateSeries D+$850.7M79%
Indigo Loft Apt, LLCOtherSeed$38.0M74%
Ira Avenue Lofts, LLCOtherSeed$40.9M74%
Bexley Apartments LLCProptech / Real EstateSeed$15.7M74%
Hilton Apartments LLCProptech / Real EstatePre-Seed$1.4M74%
Eliot Flats Apartments LLCProptech / Real EstateSeries A$15.8M73%
1560 Sherman St Apartments LLCProptech / Real EstateSeed$23.2M73%
Raven at Monterey Apartments LLCProptech / Real EstatePre-Seed$4.0M73%
Frequently asked
How much funding has North Waterford Apartments raised?
North Waterford Apartments has raised approximately $47.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is North Waterford Apartments's estimated valuation?
Provath's modeled valuation for North Waterford Apartments is approximately $318.9M (modeled range $177.9M–$518.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is North Waterford Apartments at?
North Waterford Apartments's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Jan 05.
What does North Waterford Apartments do and where is it based?
North Waterford Apartments operates in the Proptech / Real Estate sector, based in WALNUT CREEK.
Explore related

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

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