Diligence memo · auto-generated · as of July 2, 2026
On Ramp Wireless Inc
On Ramp Wireless Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
On Ramp Wireless Inc operates in Other Technology, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
On Ramp Wireless Inc has raised $81M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $39M on 2012-06-11.
Most recent recorded round closed around 2015-07-22.
Valuation (modeled)modeled
Provath models On Ramp Wireless Inc at approximately $152M (range $12M–$586M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.26× the median modeled value of Series B Other Technology companies in 2013–2015 (321 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 10.9 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 9.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 96% of Other Technology peers (21302 compared).
Modeled value ranks above 80% of those peers.
Closest niche peers: PlanSource Holdings, Inc., Transphorm, Inc., Skyhigh Networks, Inc., Misfit Wearables Corp, Veracode Inc.
Peoplefiled
22 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.