Companies · Other Technology

NovaSolix, Inc.

Newark · Other Technology

Diligence memoA one-page analyst read on NovaSolix, Inc. — recommendation, valuation, rhythm, risks.
$22.9M
Total raised · real
3
Rounds
0.0×
Latest step-up
Top 16%
Sector rank · raised
Series B
Latest stage · inferred · Fri Nov 08 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

NovaSolix, Inc. looks under-valued against its niche peers and is quiet 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.

Under-valued
  • Modeled value is 0.00× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Quiet
  • Last raise 20 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Other Technology

NovaSolix, Inc. is one of 21292 Other Technology companies tracked from Newark. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the long tail 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
3
Investors (latest)
2024-11-08
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 · 2015-06-19 Raised $3.7M (real) Modeled valuation $125M (est)Seed2015Series A · 2015-06-19 Raised $6.6M (real) Modeled valuation $182M (est)Series A2015Seed · 2015-06-19 Raised $2.4M (real) Modeled valuation $83M (est)Seed2015Seed · 2015-06-19 Raised $1.1M (real) Modeled valuation $36M (est)Seed2015Pre-Seed · 2015-06-19 Raised $170K (real) Modeled valuation $7.2M (est)Pre-Seed2015Series A · 2015-06-19 Raised $5.0M (real) Modeled valuation $138M (est)Series A2015Series B · 2021-10-25 Raised $16M (real) Modeled valuation $309M (est)Series B2021Series B · 2021-10-25 Raised $16M (real) Modeled valuation $310M (est)Series B2021Series B · 2024-11-08 Raised $150K (real) Modeled valuation $989K (est)Series B2024+$6.6M+$2.4M+$1.1M+$170K+$5.0M+$16M+$16M+$150KCumulative $51M

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$3.7M · 2015
Series A$6.6M · 2015
Bridge · Series A-stage$2.4M · 2015smaller follow-on
Bridge · Series A-stage$1.1M · 2015smaller follow-on
Bridge · Series A-stage$170K · 2015smaller follow-on
Series A extension$5.0M · 2015
Series B$16.1M · 2021
Series B extension$16.2M · 2021
Series B extension$150K · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$989K
Base estimate est.
$368K
Conservative case
$1.7M
Upside case
$833K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $124.8M · 2015-06-192015Series A · modeled $182.1M · 2015-06-19Seed · modeled $83.0M · 2015-06-19Seed · modeled $35.8M · 2015-06-19Pre-Seed · modeled $7.2M · 2015-06-19Series A · modeled $138.4M · 2015-06-19Series B · modeled $308.8M · 2021-10-25Series B · modeled $310.1M · 2021-10-25Series B · modeled $989K · 2024-11-082024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$2.4M/yr
Capital velocity
11.0 yr
On record since
2015
First round
9
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 7.2× above median
This company$22.9M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$150K
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$989K
Sector median$37.3M

Raised more than 85% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #514 of 514.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)NovaSolix, Inc. (this company) Raised $22.9M · modeled $989K (est)NovaSolix, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
NovaSolix, Inc. this companySeries B$22.9M$989K0.00×
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$3.7M2015-06-19$18.3M$124.8M90%
Series A$6.6M2015-06-19$29.8M$182.1M90%
Seed$2.4M2015-06-19$12.2M$83.0M90%
Seed$1.1M2015-06-19$5.3M$35.8M85%
Pre-Seed$170K2015-06-19$945K$7.2M85%
Series A$5.0M2015-06-19$22.7M$138.4M90%
Series B$16.1M2021-10-25$89.5M$308.8M90%
Series B$16.2M2021-10-25$89.9M$310.1M90%
Series B$150K2024-11-08$833K$989K90%
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$3.7M2015-06-19
    • First recorded raise — entered as Seed.
    • 42 investors on this round.
  2. Series A$6.6M2015-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 71 investors on this round.
  3. Seed$2.4M2015-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 26 investors on this round.
  4. Seed$1.1M2015-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  5. Pre-Seed$170K2015-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.2× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  6. Series A$5.0M2015-06-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 29.3× larger than the prior — scaling up.
    • 55 investors on this round.
  7. Series B$16.1M2021-10-25
    • Raised again after 76 mo — slower than the ~13 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 1 investor on this round.
  8. Series B$16.2M2021-10-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  9. Series B$150K2024-11-08
    • Raised again after 36 mo — slower than the ~13 mo sector norm.
    • Round 107.9× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~14mo cadence
$150K
Modeled next size est.range $150K$240K
0.0×
Last step-up
$2.4M/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 Powers Berten2015-06
David T. Berten2015-06
Laurence H Cooke2015-06
Richard Thomas Preston2015-06
Richard T. Preston2015-06
Robert E Cousins2021-10
Robert H Cousins2015-06
Robert Thomas Cousins2015-06
William J Allen2015-06
Registry & provenance

NovaSolix, 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
1643656
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
Elementum 3D, Inc.Other TechnologySeries A$23.6M$920Ksame sector
cohesionIB, Inc.Other TechnologySeries A$21.7M$781Ksame sector
Vsft Holdings Inc.Other TechnologySeries A$20.5M$1.3Msame sector
Gparency LLCOther TechnologySeries A$18.6M$1.1Msame sector
GenoPalate, Inc.Other TechnologySeries A$15.4M$717Ksame sector
Micron Pure, LLCOther TechnologySeries A$14.2M$934Ksame sector
Musaffa, Inc.Other TechnologySeries A$13.5M$1.1Msame sector
Ripelocker, Inc.Other TechnologySeries A$12.9M$1.0Msame sector
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
NovaMetallix, INCOther TechnologySeed$136.3M94%
Novatech, Inc.Other TechnologySeed$102.2M92%
Novasentis, Inc.Other TechnologySeries A$250.0M90%
Novatech Fs, Inc.Other TechnologySeed$23.2M89%
Novata, Inc.Other TechnologySeries B$396.2M89%
Ngentix, Inc.Other TechnologyPre-Seed$527K88%
Nimbix, Inc.Other TechnologySeries A$53.0M87%
Icix International, Inc.Other TechnologySeed$68.1M87%
Frequently asked
How much funding has NovaSolix, Inc. raised?
NovaSolix, Inc. has raised approximately $22.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is NovaSolix, Inc.'s estimated valuation?
Provath's modeled valuation for NovaSolix, Inc. is approximately $989K (modeled range $368K–$1.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is NovaSolix, Inc. at?
NovaSolix, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Nov 08.
What does NovaSolix, Inc. do and where is it based?
NovaSolix, Inc. operates in the Other Technology sector, based in Newark.
Explore related

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

Is this your company?

If you work at NovaSolix, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.