Companies · Computers

Open Kernel Labs, Inc.

CHICAGO · Computers

Diligence memoA one-page analyst read on Open Kernel Labs, Inc. — recommendation, valuation, rhythm, risks.
$4.5M
Total raised · real
4
Rounds
0.8×
Latest step-up
Top 34%
Sector rank · raised
Seed
Latest stage · inferred · Thu Jun 21 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Open Kernel Labs, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the software/compute sector profile.

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 0.23× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
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 Computers

Open Kernel Labs, Inc. is one of 1371 Computers companies tracked from CHICAGO. By capital raised it ranks mid-pack (ahead of 67% 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
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 · 2010-06-03 Raised $3.5M (real) Modeled valuation $143M (est)$3.5M$143MSeed2010Seed · 2011-12-22 Raised $205K (real) Modeled valuation $8.4M (est)$205K$8.4MSeed2011Seed · 2012-05-25 Raised $446K (real) Modeled valuation $18M (est)$446K$18MSeed2012Seed · 2012-06-21 Raised $363K (real) Modeled valuation $15M (est)$363K$15MSeed2012+$205K+$446K+$363KCumulative $4.5M

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$3.5M · 2010
Seed extension$205K · 2011
Seed extension$446K · 2012
Seed extension$363K · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$14.8M
Base estimate est.
$326K
Conservative case
$116.1M
Upside case
$1.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Seed · modeled $142.8M · 2010-06-032010Seed · modeled $8.4M · 2011-12-22Seed · modeled $18.2M · 2012-05-25Seed · modeled $14.8M · 2012-06-212012
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
6.0 yr
Elapsed time used
14.0 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$2.2M/yr
Capital velocity
16.1 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1371 companies in Computers. 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) 2.4× above median
This company$4.5M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$363K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$14.8M
Sector median$33.0M

Raised more than 67% of sector peers (real $). Modeled value above 34% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #79 of 82.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Mykonos Software Inc · Seed Raised $4.0M · modeled $163.2M (est)dynaTrace software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Netsol Technologies Inc · Seed Raised $4.0M · modeled $163.2M (est)VM6 Software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Intrinsity Inc · Seed Raised $4.0M · modeled $163.2M (est)Optaros Inc · Seed Raised $4.0M · modeled $163.2M (est)Cognitive Electronics, Inc. · Seed Raised $3.8M · modeled $157.0M (est)Breker Verification Systems, Inc. · Seed Raised $3.8M · modeled $155.8M (est)Invoke Solutions Inc · Seed Raised $5.5M · modeled $153.3M (est)Certpoint Systems Inc · Seed Raised $5.9M · modeled $153.0M (est)Certify Data Systems Inc · Seed Raised $9.4M · modeled $147.3M (est)Green Mountain Digital Inc. · Seed Raised $4.0M · modeled $147.0M (est)Open Kernel Labs, Inc. (this company) Raised $4.5M · modeled $14.8M (est)Open Kernel Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mykonos Software IncSeed$4.0M$163.2M2.56×
dynaTrace software, Inc.Seed$4.0M$163.2M2.56×
Netsol Technologies IncSeed$4.0M$163.2M2.56×
VM6 Software, Inc.Seed$4.0M$163.2M2.56×
Intrinsity IncSeed$4.0M$163.2M2.56×
Optaros IncSeed$4.0M$163.2M2.56×
Cognitive Electronics, Inc.Seed$3.8M$157.0M2.47×
Breker Verification Systems, Inc.Seed$3.8M$155.8M2.45×
Invoke Solutions IncSeed$5.5M$153.3M2.41×
Certpoint Systems IncSeed$5.9M$153.0M2.40×
Certify Data Systems IncSeed$9.4M$147.3M2.31×
Green Mountain Digital Inc.Seed$4.0M$147.0M2.31×
Open Kernel Labs, Inc. this companySeed$4.5M$14.8M0.23×
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$3.5M2010-06-03$17.5M$142.8M90%
Seed$205K2011-12-22$1.0M$8.4M90%
Seed$446K2012-05-25$2.2M$18.2M90%
Seed$363K2012-06-21$1.8M$14.8M90%
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$3.5M2010-06-03
    • First recorded raise — entered as Seed.
  2. Seed$205K2011-12-22
    • Raised again after 19 mo — slower than the ~12 mo sector norm.
    • Round 17.0× smaller than the prior — bridge or down round.
  3. Seed$446K2012-05-25
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
  4. Seed$363K2012-06-21
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2013 ~Q1
Modeled next raise · ~8mo cadence
$363K
Modeled next size est.range $363K$580K
0.8×
Last step-up
$2.2M/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
Atish Gude2012-06
Atish Marc Gude2011-12
Atish X. Gude2012-05
Carl Marc Nerup2011-12
Carl Nerup2012-06
Carl X. Nerup2012-05
Dennis Baer2012-06
Dennis Marc Baer2011-12
Dennis X. Baer2012-05
Gernot Heiser2012-06
Gernot Marc Heiser2011-12
Gernot X. Heiser2012-05
John Marc Willmoth2011-12
John Wilmoth2012-06
John X. Wilmoth2012-05
Karry Kleeman2012-06
Karry Marc Kleeman2011-12
Karry X. Kleeman2012-05
Marc Woodward2012-06
Marc X. Woodward2010-06
Marti Konstant2012-06
Marti Marc Konstant2011-12
Marti X. Konstant2012-05
Robert Marc McCammon2011-12
Registry & provenance

Open Kernel Labs, 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
1494556
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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Tournamentone CorpComputersSeed$4.4M$20.4Msame sector · same stage
LicenseStream, Inc.ComputersSeed$4.3M$9.1Msame sector · same stage
Basic6, Inc.ComputersSeed$4.1M$8.2Msame sector · same stage
DealerStar Inc.ComputersSeed$4.0M$8.0Msame sector · same stage
iCompute AI LLCComputersSeed$4.0M$9.6Msame sector · same stage
Omni Instrument Inc.ComputersSeed$4.0M$13.5Msame sector · same stage
Frequently asked
How much funding has Open Kernel Labs, Inc. raised?
Open Kernel Labs, Inc. has raised approximately $4.5M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Open Kernel Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Open Kernel Labs, Inc. is approximately $14.8M (modeled range $326K–$116.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Open Kernel Labs, Inc. at?
Open Kernel Labs, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Jun 21.
What does Open Kernel Labs, Inc. do and where is it based?
Open Kernel Labs, Inc. operates in the Computers sector, based in CHICAGO.
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