Companies · Other

Nyiax, Inc.

Somerset · Other

Diligence memoA one-page analyst read on Nyiax, Inc. — recommendation, valuation, rhythm, risks.
$27.5M
Total raised · real
14
Rounds
1.0×
Latest step-up
Top 12%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jan 14 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Nyiax, 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.

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 0.04× the median modeled value of Series A Other companies in 2025–2027 (487 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Nyiax, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
10.0 yr record
Peak capital year was 2021 with $10.0M across 1 filings.
Market position
ahead of 89% of Other peers
Capital scale is ahead of 89% of Other peers; modeled value is above 4% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $10.0M across 1 filings.
  • Largest single filing was $10.0M on 2021-02-25.
  • Filing rows sum to $33.5M, while canonical raised total is $27.5M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Nyiax, Inc. is one of 25015 Other companies tracked from Somerset. By capital raised it ranks in the upper tier (ahead of 89% 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
1
Investors (latest)
2025-01-14
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$50M$100M$150M$200MSeed · 2016-06-30 Raised $1.7M (real) Modeled valuation $31M (est)Seed2016Seed · 2016-06-30 Raised $3.2M (real) Modeled valuation $60M (est)Seed · 2017-02-24 Raised $1.4M (real) Modeled valuation $25M (est)Seed2017Series A · 2017-02-24 Raised $4.3M (real) Modeled valuation $64M (est)Series A · 2018-01-19 Raised $385K (real) Modeled valuation $5.8M (est)Series A2018Series A · 2018-10-11 Raised $1.2M (real) Modeled valuation $18M (est)Series A · 2019-10-16 Raised $2.2M (real) Modeled valuation $34M (est)Series A2019Series A · 2020-04-23 Raised $2.1M (real) Modeled valuation $33M (est)Series A · 2020-04-24 Raised $908K (real) Modeled valuation $14M (est)Series A2020Series A · 2021-02-25 Raised $10M (real) Modeled valuation $124M (est)Pre-Seed · 2022-07-20 Raised $745K (real) Modeled valuation $7.0M (est)Pre-Seed2022Series A · 2022-07-20 Raised $745K (real) Modeled valuation $6.1M (est)Pre-Seed · 2022-07-20 Raised $570K (real) Modeled valuation $5.4M (est)Pre-Seed2022Pre-Seed · 2022-07-20 Raised $170K (real) Modeled valuation $1.6M (est)Series A · 2023-01-18 Raised $250K (real) Modeled valuation $1.8M (est)Series A2023Series A · 2023-04-07 Raised $505K (real) Modeled valuation $3.3M (est)Series A · 2024-03-29 Raised $1.3M (real) Modeled valuation $6.2M (est)Series A2024Seed · 2024-03-29 Raised $1.3M (real) Modeled valuation $5.8M (est)Series A · 2024-08-06 Raised $200K (real) Modeled valuation $885K (est)Series A2024Series A · 2025-01-14 Raised $200K (real) Modeled valuation $775K (est)Pre-Seed · 2025-01-14 Raised $200K (real) Modeled valuation $633K (est)Pre-Seed2025Cumulative $33M

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 · 2016
Seed extension$3.2M · 2016
Seed extension$1.4M · 2017
Series A$4.3M · 2017
Series A extension$385K · 2018
Series A extension$1.2M · 2018
Series A extension$2.2M · 2019
Series A extension$2.1M · 2020
Series A extension$908K · 2020
Series A extension$10.0M · 2021
Bridge · Series A-stage$745K · 2022smaller follow-on
Series A extension$745K · 2022
Bridge · Series A-stage$570K · 2022smaller follow-on
Bridge · Series A-stage$170K · 2022smaller follow-on
Series A extension$250K · 2023
Series A extension$505K · 2023
Series A extension$1.3M · 2024
Bridge · Series A-stage$1.3M · 2024smaller follow-on
Series A extension$200K · 2024
Series A extension$200K · 2025
Bridge · Series A-stage$200K · 2025smaller follow-on

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

Modeled valuation trajectory
$775K
Base estimate est.
$273K
Conservative case
$1.5M
Upside case
$909K
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. Directional, not a quoted figure.

Seed · modeled $31.1M · 2016-06-302016Seed · modeled $60.1M · 2016-06-30Seed · modeled $25.3M · 2017-02-24Series A · modeled $64.4M · 2017-02-24Series A · modeled $5.8M · 2018-01-19Series A · modeled $18.2M · 2018-10-11Series A · modeled $33.7M · 2019-10-16Series A · modeled $32.5M · 2020-04-23Series A · modeled $13.7M · 2020-04-24Series A · modeled $124.4M · 2021-02-25Pre-Seed · modeled $7.0M · 2022-07-20Series A · modeled $6.1M · 2022-07-20Pre-Seed · modeled $5.4M · 2022-07-20Pre-Seed · modeled $1.6M · 2022-07-20Series A · modeled $1.8M · 2023-01-18Series A · modeled $3.3M · 2023-04-07Series A · modeled $6.2M · 2024-03-29Seed · modeled $5.8M · 2024-03-29Series A · modeled $885K · 2024-08-06Series A · modeled $775K · 2025-01-14Pre-Seed · modeled $633K · 2025-01-142025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$3.2M/yr
Capital velocity
10.0 yr
On record since
2016
First round
21
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 13× above median
This company$27.5M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$200K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$775K
Sector median$17.7M

Raised more than 89% of sector peers (real $). Modeled value above 4% 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 #479 of 487.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$10.0M$100.0MCapital raised (log)Sea Court GP, LLC · Series A Raised $15.0M · modeled $57.7M (est)Kastle Biopartners II LP · Series A Raised $14.4M · modeled $53.2M (est)Econic Investment LLC · Series A Raised $14.0M · modeled $53.1M (est)DCFC Holdings, LLC · Series A Raised $16.1M · modeled $51.8M (est)HeadVantage Corp · Series A Raised $15.0M · modeled $50.8M (est)Cobbs Creek Restoration & Community Foundation · Series A Raised $14.1M · modeled $50.5M (est)Mawson Resources Ltd · Series A Raised $26.3M · modeled $50.3M (est)Chess Champion Ltd Liability Co · Series A Raised $15.0M · modeled $50.1M (est)Sepratech TopCo, LLC · Series A Raised $14.6M · modeled $49.7M (est)MATT & LEWIS DEVELOPMENT Ltd LIABILITY Co · Series A Raised $15.0M · modeled $48.7M (est)FlyGuys, Inc · Series A Raised $16.7M · modeled $48.6M (est)Empyrean Club, LLC · Series A Raised $14.0M · modeled $48.1M (est)Nyiax, Inc. (this company) Raised $27.5M · modeled $775K (est)Nyiax, Inc.
CompanyStageRaised · realValue · estvs peer med.
Sea Court GP, LLCSeries A$15.0M$57.7M2.99×
Kastle Biopartners II LPSeries A$14.4M$53.2M2.75×
Econic Investment LLCSeries A$14.0M$53.1M2.75×
DCFC Holdings, LLCSeries A$16.1M$51.8M2.68×
HeadVantage CorpSeries A$15.0M$50.8M2.63×
Cobbs Creek Restoration & Community FoundationSeries A$14.1M$50.5M2.61×
Mawson Resources LtdSeries A$26.3M$50.3M2.60×
Chess Champion Ltd Liability CoSeries A$15.0M$50.1M2.59×
Sepratech TopCo, LLCSeries A$14.6M$49.7M2.57×
MATT & LEWIS DEVELOPMENT Ltd LIABILITY CoSeries A$15.0M$48.7M2.52×
FlyGuys, IncSeries A$16.7M$48.6M2.51×
Empyrean Club, LLCSeries A$14.0M$48.1M2.49×
Nyiax, Inc. this companySeries A$27.5M$775K0.04×
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$1.7M2016-06-30$8.4M$31.1M85%
Seed$3.2M2016-06-30$16.2M$60.1M85%
Seed$1.4M2017-02-24$6.8M$25.3M90%
Series A$4.3M2017-02-24$19.4M$64.4M90%
Series A$385K2018-01-19$1.7M$5.8M90%
Series A$1.2M2018-10-11$5.5M$18.2M90%
Series A$2.2M2019-10-16$10.1M$33.7M90%
Series A$2.1M2020-04-23$9.8M$32.5M90%
Series A$908K2020-04-24$4.1M$13.7M90%
Series A$10.0M2021-02-25$45.5M$124.4M90%
Pre-Seed$745K2022-07-20$4.1M$7.0M90%
Series A$745K2022-07-20$3.4M$6.1M90%
Pre-Seed$570K2022-07-20$3.2M$5.4M90%
Pre-Seed$170K2022-07-20$944K$1.6M90%
Series A$250K2023-01-18$1.1M$1.8M90%
Series A$505K2023-04-07$2.3M$3.3M90%
Series A$1.3M2024-03-29$5.7M$6.2M90%
Seed$1.3M2024-03-29$6.3M$5.8M90%
Series A$200K2024-08-06$909K$885K90%
Series A$200K2025-01-14$909K$775K90%
Pre-Seed$200K2025-01-14$1.1M$633K90%
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$1.7M2016-06-30
    • First recorded raise — entered as Seed.
    • 23 investors on this round.
  2. Seed$3.2M2016-06-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× larger than the prior — scaling up.
    • 43 investors on this round.
  3. Seed$1.4M2017-02-24
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  4. Series A$4.3M2017-02-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× larger than the prior — scaling up.
    • 44 investors on this round.
  5. Series A$385K2018-01-19
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 11.1× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 6 investors on this round.
  6. Series A$1.2M2018-10-11
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 16 investors on this round.
  7. Series A$2.2M2019-10-16
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 28 investors on this round.
  8. Series A$2.1M2020-04-23
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 15 investors on this round.
  9. Series A$908K2020-04-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 10 investors on this round.
  10. Series A$10.0M2021-02-25
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 11.0× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $1M–$5M.
    • Switched to Rule 506(c) (was Rule 506(b)).
  11. Pre-Seed$745K2022-07-20
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 13.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 7 investors on this round.
  12. Series A$745K2022-07-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  13. Pre-Seed$570K2022-07-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  14. Pre-Seed$170K2022-07-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 3 investors on this round.
  15. Series A$250K2023-01-18
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
  16. Series A$505K2023-04-07
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 4 investors on this round.
  17. Series A$1.3M2024-03-29
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 4 investors on this round.
  18. Seed$1.3M2024-03-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  19. Series A$200K2024-08-06
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 6.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  20. Series A$200K2025-01-14
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  21. Pre-Seed$200K2025-01-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~5mo cadence
$200K
Modeled next size est.range $200K$320K
1.0×
Last step-up
$3.2M/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
Thomas O'Neill4 other2016-06
Carolina Abenante1 other2016-06
Michael Garone1 other2025-01
William Wise1 other2017-02
Christopher Hogan2018-10
Graham Mosely2016-06
Joseph Passaic2024-03
Louis Severine2017-02
Mark Grinbaum2016-06
Richard Bush2017-02
Robert Ainbinder2016-06
Sergey Tsoy2018-01
Teri Gallo2024-03
Teri Galo2025-01
William Feldman2022-07
William Schmahl2017-02
Registry & provenance

Nyiax, 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
1679379
SEC CIK
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Frequently asked
How much funding has Nyiax, Inc. raised?
Nyiax, Inc. has raised approximately $27.5M in disclosed capital across 14 recorded financing rounds, aggregated from public filings.
What is Nyiax, Inc.'s estimated valuation?
Provath's modeled valuation for Nyiax, Inc. is approximately $775K (modeled range $273K–$1.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nyiax, Inc. at?
Nyiax, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jan 14.
What does Nyiax, Inc. do and where is it based?
Nyiax, Inc. operates in the Other sector, based in Somerset.
Explore related

See where Nyiax, 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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