Companies · Other Technology

nPhase, Inc.

ENCINITAS · Other Technology

Diligence memoA one-page analyst read on nPhase, Inc. — recommendation, valuation, rhythm, risks.
$4.6M
Total raised · real
3
Rounds
1.0×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Thu May 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

nPhase, Inc. looks fair 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.

Fair
  • Modeled value is 0.90× the median modeled value of Seed Other Technology companies in 2016–2018 (1024 peers) — value vs value, same stage and era.
  • Within the normal band (90% of peer median) for its niche.
Dormant
  • Last raise 8.1 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 Other Technology

nPhase, Inc. is one of 21292 Other Technology companies tracked from ENCINITAS. By capital raised it ranks mid-pack (ahead of 57% 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
Rule 506(b)
Reg D exemption
11
Investors (latest)
2014
Year incorporated
2018-05-31
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$25M$50M$75M$100MSeed · 2015-12-22 Raised $1.5M (real) Modeled valuation $51M (est)$1.5M$51MSeed2015Seed · 2017-06-28 Raised $1.6M (real) Modeled valuation $55M (est)$1.6M$55MSeed2017Seed · 2018-05-31 Raised $1.5M (real) Modeled valuation $52M (est)$1.5M$52MSeed2018+$1.6M+$1.5MCumulative $4.6M

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$1.5M · 2015
Seed extension$1.6M · 2017
Seed extension$1.5M · 2018

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
$52.1M
Base estimate est.
$1.3M
Conservative case
$409.0M
Upside case
$7.7M
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 technology sector profile. Directional, not a quoted figure.

Seed · modeled $51.3M · 2015-12-222015Seed · modeled $54.8M · 2017-06-28Seed · modeled $52.1M · 2018-05-312018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
8.1 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$1.9M/yr
Capital velocity
10.5 yr
On record since
2015
First round
3
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) 1.5× above median
This company$4.6M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$52.1M
Sector median$37.3M

Raised more than 57% of sector peers (real $). Modeled value above 59% 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 #559 of 1,024.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Modern Teacher LLC · Seed Raised $4.0M · modeled $136.3M (est)OneDine, LLC · Seed Raised $4.0M · modeled $136.3M (est)Pixobot, Inc. · Seed Raised $4.7M · modeled $136.3M (est)SubVRsive, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Red Lambda, Inc. · Seed Raised $9.2M · modeled $136.3M (est)Lea, Llc · Seed Raised $4.0M · modeled $136.3M (est)Homebot, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Watershed Systems, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Bivarus, Inc. · Seed Raised $8.3M · modeled $136.3M (est)Salcido Enterprises, LLC · Seed Raised $5.1M · modeled $136.3M (est)RSV QOZB Rural, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Punchbowl, Inc. · Seed Raised $5.6M · modeled $136.3M (est)nPhase, Inc. (this company) Raised $4.6M · modeled $52.1M (est)nPhase, Inc.
CompanyStageRaised · realValue · estvs peer med.
Modern Teacher LLCSeed$4.0M$136.3M2.36×
OneDine, LLCSeed$4.0M$136.3M2.36×
Pixobot, Inc.Seed$4.7M$136.3M2.36×
SubVRsive, Inc.Seed$4.0M$136.3M2.36×
Red Lambda, Inc.Seed$9.2M$136.3M2.36×
Lea, LlcSeed$4.0M$136.3M2.36×
Homebot, Inc.Seed$4.0M$136.3M2.36×
Watershed Systems, Inc.Seed$4.0M$136.3M2.36×
Bivarus, Inc.Seed$8.3M$136.3M2.36×
Salcido Enterprises, LLCSeed$5.1M$136.3M2.36×
RSV QOZB Rural, Inc.Seed$4.0M$136.3M2.36×
Punchbowl, Inc.Seed$5.6M$136.3M2.36×
nPhase, Inc. this companySeed$4.6M$52.1M0.90×
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$1.5M2015-12-22$7.5M$51.3M85%
Seed$1.6M2017-06-28$8.0M$54.8M90%
Seed$1.5M2018-05-31$7.7M$52.1M90%
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$1.5M2015-12-22
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Seed$1.6M2017-06-28
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  3. Seed$1.5M2018-05-31
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~15mo cadence
$1.5M
Modeled next size est.range $1.5M$2.4M
1.0×
Last step-up
$1.9M/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
Vic Gatto8 other2015-12
Trygve Mikkelsen2 other2017-06
Alan Bentley1 other2015-12
Ben Walton2015-12
Jaya Prakash Guda2015-12
Mark Lama2015-12
Scott Climes2015-12
Registry & provenance

nPhase, 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
1662695
SEC CIK
2014
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.

CompanySectorStageRaised · realValue · estWhy similar
Amkai LlcOther TechnologySeed$4.4M$64.0Mnetwork1 shared operator · same sector · same stage
Accenx Technologies, Inc.Other TechnologySeed$4.6M$51.1Msame sector · same stage
Enmetric Systems, Inc.Other TechnologySeed$4.6M$53.9Msame sector · same stage
SKKY IncOther TechnologySeed$4.7M$50.7Msame sector · same stage
Reinform, Inc.Other TechnologySeed$4.6M$51.7Msame sector · same stage
Ad Summos, Inc.Other TechnologySeed$4.5M$51.1Msame sector · same stage
Chameleon Collective Inc.Other TechnologySeed$4.5M$51.1Msame sector · same stage
Medfusion, Inc.Other TechnologySeed$4.5M$51.1Msame 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
NPHub Inc.Other TechnologySeries A$39.6M89%
Nupsys, Inc.Other TechnologyPre-Seed$19.2M86%
NuID, Inc.Other TechnologySeries A$118.4M86%
HashWatt, Inc.Other TechnologySeries A$92.6M85%
nChannel, Inc.Other TechnologySeed$14.9M85%
Ntrinsec Inc.Other TechnologySeed$76.8M85%
Nudgit, Inc.Other TechnologyPre-Seed$17.8M85%
nformal Inc.Other TechnologyPre-Seed$3.9M85%
Frequently asked
How much funding has nPhase, Inc. raised?
nPhase, Inc. has raised approximately $4.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is nPhase, Inc.'s estimated valuation?
Provath's modeled valuation for nPhase, Inc. is approximately $52.1M (modeled range $1.3M–$409.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is nPhase, Inc. at?
nPhase, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu May 31.
What does nPhase, Inc. do and where is it based?
nPhase, Inc. operates in the Other Technology sector, based in ENCINITAS.
Explore related

See where nPhase, 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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