Companies · Other

Ocean Approved, Inc.

Biddeford · Other

Diligence memoA one-page analyst read on Ocean Approved, Inc. — recommendation, valuation, rhythm, risks.
$15.4M
Total raised · real
10
Rounds
0.6×
Latest step-up
Top 18%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 18 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Ocean Approved, Inc. looks under-valued against its niche peers and is active 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 0.07× the median modeled value of Series A Other companies in 2025–2027 (485 peers) — value vs value, same stage and era.
Active
  • Last raise 11 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Ocean Approved, Inc. is one of 25008 Other companies tracked from Biddeford. By capital raised it ranks in the upper tier (ahead of 83% 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
8
Investors (latest)
2025-07-18
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$13M$25M$38M$50MPre-Seed · 2017-05-18 Raised $366K (real) Modeled valuation $8.5M (est)Pre-Seed2017Pre-Seed · 2018-09-12 Raised $415K (real) Modeled valuation $9.6M (est)Pre-Seed2018Seed · 2019-01-02 Raised $1.3M (real) Modeled valuation $25M (est)Seed2019Seed · 2020-04-13 Raised $590K (real) Modeled valuation $11M (est)Seed2020Seed · 2021-03-03 Raised $695K (real) Modeled valuation $10M (est)Seed2021Seed · 2021-08-27 Raised $3.1M (real) Modeled valuation $38M (est)Seed2021Seed · 2022-09-23 Raised $3.5M (real) Modeled valuation $28M (est)Seed2022Series A · 2024-07-02 Raised $4.3M (real) Modeled valuation $20M (est)Series A2024Series A · 2025-04-01 Raised $625K (real) Modeled valuation $2.3M (est)Series A2025Series A · 2025-07-18 Raised $380K (real) Modeled valuation $1.3M (est)Series A2025+$415K+$1.3M+$590K+$695K+$3.1M+$3.5M+$4.3M+$625K+$380KCumulative $15M

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
Pre-Seed$366K · 2017
Pre-Seed extension$415K · 2018
Seed$1.3M · 2019
Seed extension$590K · 2020
Seed extension$695K · 2021
Seed extension$3.1M · 2021
Seed extension$3.5M · 2022
Series A$4.3M · 2024
Series A extension$625K · 2025
Series A extension$380K · 2025

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

Modeled valuation trajectory
$1.3M
Base estimate est.
$518K
Conservative case
$2.1M
Upside case
$1.7M
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.

Pre-Seed · modeled $8.5M · 2017-05-182017Pre-Seed · modeled $9.6M · 2018-09-12Seed · modeled $25.0M · 2019-01-02Seed · modeled $11.0M · 2020-04-13Seed · modeled $10.1M · 2021-03-03Seed · modeled $37.9M · 2021-08-27Seed · modeled $28.4M · 2022-09-23Series A · modeled $19.6M · 2024-07-02Series A · modeled $2.3M · 2025-04-01Series A · modeled $1.3M · 2025-07-182025
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
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$1.9M/yr
Capital velocity
9.1 yr
On record since
2017
First round
10
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 7.5× above median
This company$15.4M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$380K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.3M
Sector median$17.7M

Raised more than 83% of sector peers (real $). Modeled value above 7% 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 #473 of 485.

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 $53.1M (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 $50.2M (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 $48.6M (est)FlyGuys, Inc · Series A Raised $16.7M · modeled $48.5M (est)Empyrean Club, LLC · Series A Raised $14.0M · modeled $48.0M (est)Ocean Approved, Inc. (this company) Raised $15.4M · modeled $1.3M (est)Ocean Approved, Inc.
CompanyStageRaised · realValue · estvs peer med.
Sea Court GP, LLCSeries A$15.0M$57.7M2.98×
Kastle Biopartners II LPSeries A$14.4M$53.1M2.75×
Econic Investment LLCSeries A$14.0M$53.1M2.74×
DCFC Holdings, LLCSeries A$16.1M$51.8M2.67×
HeadVantage CorpSeries A$15.0M$50.8M2.62×
Cobbs Creek Restoration & Community FoundationSeries A$14.1M$50.5M2.61×
Mawson Resources LtdSeries A$26.3M$50.2M2.60×
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$48.6M2.51×
FlyGuys, IncSeries A$16.7M$48.5M2.51×
Empyrean Club, LLCSeries A$14.0M$48.0M2.48×
Ocean Approved, Inc. this companySeries A$15.4M$1.3M0.07×
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.
Pre-Seed$366K2017-05-18$2.0M$8.5M90%
Pre-Seed$415K2018-09-12$2.3M$9.6M90%
Seed$1.3M2019-01-02$6.7M$25.0M90%
Seed$590K2020-04-13$3.0M$11.0M90%
Seed$695K2021-03-03$3.5M$10.1M90%
Seed$3.1M2021-08-27$15.7M$37.9M90%
Seed$3.5M2022-09-23$17.5M$28.4M90%
Series A$4.3M2024-07-02$19.6M$19.6M90%
Series A$625K2025-04-01$2.8M$2.3M90%
Series A$380K2025-07-18$1.7M$1.3M90%
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. Pre-Seed$366K2017-05-18
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$415K2018-09-12
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 504 (was Rule 506(b)).
    • 5 investors on this round.
  3. Seed$1.3M2019-01-02
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 504).
    • 13 investors on this round.
  4. Seed$590K2020-04-13
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 23 investors on this round.
  5. Seed$695K2021-03-03
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 504 (was Rule 506(b)).
    • 15 investors on this round.
  6. Seed$3.1M2021-08-27
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 504).
    • 18 investors on this round.
  7. Seed$3.5M2022-09-23
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  8. Series A$4.3M2024-07-02
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  9. Series A$625K2025-04-01
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 6.9× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  10. Series A$380K2025-07-18
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 8 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~11mo cadence
$380K
Modeled next size est.range $380K$608K
0.6×
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
Jason Jones2 other2022-09
James Lindsay1 other2024-07
Julia Paino1 other2022-09
Lisa Sebesta1 other2020-04
Mikel Durham1 other2024-07
Anthony Campbell2017-05
Briana Warner2018-09
Chandler A. Jones2021-08
Chandler Jones2017-05
Dean Frost Frost2025-07
James Lindsey2025-07
Jason A. Jones2021-08
Jason Ingle2024-07
Julia A. Paino2021-08
Lisa A. Sebesta2021-08
Nancy Peterson2018-09
Paul Dobbins2017-05
Stephen Goldberg2017-05
Registry & provenance

Ocean Approved, 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
1717799
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.

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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
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OC Ocean Assets 1, LLCOtherPre-Seed$1.4M80%
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Frequently asked
How much funding has Ocean Approved, Inc. raised?
Ocean Approved, Inc. has raised approximately $15.4M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Ocean Approved, Inc.'s estimated valuation?
Provath's modeled valuation for Ocean Approved, Inc. is approximately $1.3M (modeled range $518K–$2.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ocean Approved, Inc. at?
Ocean Approved, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 18.
What does Ocean Approved, Inc. do and where is it based?
Ocean Approved, Inc. operates in the Other sector, based in Biddeford.
Explore related

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