Diligence memo · auto-generated · as of July 2, 2026
On Track Technologies Inc
On Track Technologies Inc looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
On Track Technologies Inc operates in Software / Tech, based in Benson.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
On Track Technologies Inc has raised $2.1M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $800K on 2022-09-13.
Most recent recorded round closed around 2025-02-18.
Valuation (modeled)modeled
Provath models On Track Technologies Inc at approximately $2.1M (range $392K–$5.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.10× the median modeled value of Pre-Seed Software / Tech companies in 2025–2027 (105 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 16 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 35% of Software / Tech peers (3920 compared).
Modeled value ranks above 8% of those peers.
Closest niche peers: 1486 Labs LLC, Imagen Digital Dentistry Support Services, LLC, Quarion Technology Inc., 3rd-i Technology, Inc., Simulacra Data, Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.