Diligence memo · auto-generated · as of July 2, 2026
On Assignment Inc
On Assignment Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
On Assignment Inc operates in Other, based in Calabasas.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
On Assignment Inc has raised $247M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $217M on 2012-05-15.
Most recent recorded round closed around 2015-06-05.
Valuation (modeled)modeled
Provath models On Assignment Inc at approximately $518M (range $170M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.19× the median modeled value of Series D+ Other companies in 2013–2015 (90 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 37 months.
Last raise 11.1 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 7.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Other peers (25008 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Campaign Monitor Holdings (UK) Ltd, Tomahawk Holdings, Inc., Cornell Capital Special Situations Partners II LP, Liberty Resources II, LLC, Resolute Investment Holdings, LLC.
Peoplefiled
20 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.